Salesforce employees protest against its NFT ambitions

Salesforce employees aren't happy with the company's plans to enter the non-fungible token (NFT) market. According to the Thomson Reuters Foundation, over 400 employees around the world have signed an open letter raising concerns about the environmental impact of NFTs, as well as their "unregulated, highly speculative" nature as financial assets. "The amount of scams and fraud in the NFT space is overwhelming," the employees reportedly wrote.The company, the San Francisco cloud-based software firm that owns Slack, told its employees in early February that it's planning a series of NFT-related initiatives. They include launching an NFT Cloud that could help people create NFTs and list them on marketplaces. NFTs have blown up in popularity over the past year, and big companies have been cashing in on the craze. While not all ventures have been successful, some have made big money: Adidas, for instance, made $23 million during its first NFT drop.That said, NFTs remain controversial for several reasons, including their environmental impact. It takes a lot of energy to sustain the blockchain activities associated with the tokens. One estimate backed by researchers put an average NFT's footprint at over 200 kilograms of carbon, which is equivalent to driving 500 miles in a gas-powered car. Salesforce employees' concerns about the environmental impact of the tokens come from the fact that the company positions itself as a leader in sustainable business — it even released a... Continue reading at 'Engadget'

[ Engadget | 2022-02-19 15:39:13 UTC ]
News tagged with: #nft space #early february #gas-powered car #thomson reuters

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Lust, Rivalry, and Ambition Culminate in a Betrayal at an Elite Art School 

Set on the idyllic New England campus of an elite art school called Wrynn, and situated against the backdrop of the Occupy Wall Street movement, Antonia Angress’ debut novel Sirens & Muses is an exemplary depiction of what can occur at the intersection of art and adolescence. This... Continue reading at Electric Literature

[ Electric Literature | 2022-09-01 11:00:00 UTC ]
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One of the Earliest Science Fiction Utopias Was a Protest Against Patriarchy

Solar power. The end of war. Gender role reversal. Dirigibles. First published in 1905, Rokeya Hossain’s short story “Sultana’s Dream” is steampunk avant la lettre, strikingly advanced in its critique of patriarchy, conflict, conventional kinship structures, industrialization, and the... Continue reading at Electric Literature

[ Electric Literature | 2022-08-08 11:00:00 UTC ]
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Amid 'Roe' Protests, ALA Annual Conference Gets Underway in Washington, D.C.

The conference is set to run through June 28 and will feature a slate of authors and speakers and hundreds of educational sessions. Continue reading at Publishers Weekly

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Leading NFT blockchain Flow announces $725 million Ecosystem Fund to drive Web3 innovation

The fund will be available to developers globally and will focus on those in the decentralized finance, gaming, and digital content space. Flow, one of the leading blockchains in the Web3 arena, has announced the launch of a new fund designed to spur innovation among those building apps, games,... Continue reading at Fast Company

[ Fast Company | 2022-05-10 09:00:23 UTC ]
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China’s true ambitions, and what they mean for the U.S.

Elizabeth Economy looks closely at Xi Jinping's push to make China the center of the world. Continue reading at The Washington Post

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Comma commissions heroic protest anthology with Newland, Goldie and Master

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‘There were seven cases on various floors that week’: Confessions of a media employee who returned to the office

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From You To Me offers charity day to all employees

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Politics & Prose Owners Recognize Employee Union

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The Raven Book Store Owner Sells Large Stake in Store to Seven Employees

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The Morning After: Adidas' first NFT drop made $23 million

If you’ve started to generally understand the ebbs and flows of cryptocurrencies, the volatility of Bitcoin and the rest, and started to comprehend why blockchain tech has a big future beyond Dogecoin, it probably means you’re late to the NFT party. Non-fungible tokens are, well, unique. (That’s... Continue reading at Engadget

[ Engadget | 2021-12-20 12:13:50 UTC ]
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Politics and Prose employees moved to unionize—then the store owners hired an anti-union law firm.

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[ Literrary Hub | 2021-12-17 16:47:07 UTC ]
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Springer Nature Plants Trees in India, One for Each Employee

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H.G. Wells wanted to change the world. A new book explores the author’s outsize ambitions

Claire Tomalin’s ‘The Young H.G. Wells’ is a fascinating look at the prolific writer’s rocky beginnings and complicated personal life. Continue reading at The Washington Post

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YA authors shelve NFT story after social media backlash

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[ The Bookseller | 2021-10-25 11:15:07 UTC ]
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From his post in Britain, he discouraged opposition to Hitler and plotted a presidential bid. Continue reading at The Washington Post

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Macmillan Learning Launches Employee-Created Program to Recruit Diverse Talent

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‘Harder than I expected’: Confessions of a media employee on their experience returning to the office

A senior editor at a digital publisher had been looking forward to working from the company’s office but, with masks now required, has found there aren’t many reasons to go. The post ‘Harder than I expected’: Confessions of a media employee on their experience returning to the office appeared... Continue reading at Digiday

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