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 ]
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Book packager Glasstown Entertainment is being accused by former employees and authors of creating and perpetuating a hostile environment for people of color. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-09 04:00:00 UTC ]
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Publishers and authors have continued to share reading lists and offers of help following the Black Lives Matter protests sparked by the death of George Floyd in Minneapolis. Continue reading at The Bookseller
[ The Bookseller | 2020-06-05 10:41:41 UTC ]
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Bookstores across the country are expressing support for the protests against police violence by offering material support, promoting antiracism books, and encouraging people to shop at black-owned businesses. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-02 04:00:00 UTC ]
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Over the past two days, publishers across the media industry have responded to protests sparked by the killing of George Floyd by issuing statements of solidarity with demonstrators calling for equality before the law and an end to racial injustice. Here's another response they ought to... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-01 20:07:31 UTC ]
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The events at Istanbul’s Gezi Park in 2013 form the linchpin of Ackerman’s shrewd, intricately plotted fourth novel. Continue reading at The Washington Post
[ The Washington Post | 2020-05-29 12:00:00 UTC ]
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The Economist Group is laying off 90 employees, about 7% of its 1,300 total staffers, the company said Friday, citing the business impact of the COVID-19 pandemic. The cuts primarily affected employees in events and client solutions roles, as well as TVC, the London-based content marketing... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-15 15:03:09 UTC ]
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Condé Nast is laying off "just under 100" staffers in the U.S. as part of a larger cost-cutting effort at the company, CEO Roger Lynch said Wednesday morning. In a staff memo obtained by The Daily Beast's Maxwell Tani, Lynch said the cuts are concentrated in "specific areas where we could bring... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-13 14:49:32 UTC ]
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As the coronavirus quarantine stretches into its second month, some people are pushing the boundaries of the lockdown restrictions. Many of them are just going for a drive or trying to play Frisbee in a park. But in a number of cases, groups of protesters have gathered at town halls and other... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-04-22 11:50:46 UTC ]
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After closing most of its college campus stores, Barnes & Noble Education has furloughed "the majority of the [Barnes & Noble College] workforce and a select number of employees from the company’s other segments,” the company said in a memo. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-06 04:00:00 UTC ]
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A surge in online sales at Powell's Books in Portland, Ore., has allowed the bookseller to rehire 49 previously laid off union employees, ILWU Local 5 has confirmed. They are now working alongside more than 50 people in management to fulfill orders. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-30 04:00:00 UTC ]
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Portland's beloved indie bookstore Powell's Books rehired more than 100 employees after seeing a surge in online orders. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-03-29 18:12:16 UTC ]
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The controversial film director’s autobiography Apropos of Nothing had been dropped by its original publisher Woody Allen’s memoir, dropped by its original publisher after widespread criticism, has found a new home.The 400-page book, still called Apropos of Nothing, was released on Monday by... Continue reading at The Guardian
[ The Guardian | 2020-03-23 15:19:32 UTC ]
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In a letter to employees, Emily Powell, owner of Powell's Books in Portland, Ore., said the store would be closed for a minimum of eight weeks, forcing layoffs. Former employees rejected her explanation, saying it "added insult to injury." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-20 04:00:00 UTC ]
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English PEN has called for the release of Egyptian author Ahdaf Soueif, who was arrested during a protest about the treatment of prisoners during the coronavirus outbreak. Continue reading at The Bookseller
[ The Bookseller | 2020-03-18 19:53:50 UTC ]
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The three senior employees at Wayne State U Press who were fired on Feb. 7 and rehired on Feb. 21 have filed a complaint with the EEOC and Michigan Dept. of Human Rights, charging discrimination on the basis of race. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-11 04:00:00 UTC ]
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Ronan Farrow also said he would cut ties with Hachette Book Group over the decision to publish Apropos of Nothing. Continue reading at Slate
[ Slate | 2020-03-06 20:49:10 UTC ]
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In a statement, Hachette Book Group has announced that it has cancelled its publication of Woody Allen’s memoir, Apropos of Nothing, which was originally scheduled for release in April 2020. Hachette will return all rights to the author. “The decision to cancel Mr. Allen’s book was a difficult... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-06 20:10:39 UTC ]
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The publisher’s announcement that it will publish the filmmaker’s memoir has drawn criticism, this time from its own employees. Continue reading at The New York Times
[ The New York Times | 2020-03-05 22:53:21 UTC ]
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This week, the ongoing protests in India in response to Prime Minister Narendra Modi’s controversial new citizenship law, which discriminates against Indian Muslims, have intensified and turned violent. But one bright spot is the fact that, as Maroosha Muzaffar reports at Ozy, some volunteers... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-26 16:11:24 UTC ]
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The three senior employees recently fired from their jobs at Wayne State University Press have been re-hired, but their attorney is not ruling out litigation against the university for discrimination, retaliation, and due process claims. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-24 05:00:00 UTC ]
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