GalenErso
This works in tech but not necessarily in other white collar fields like finance. In finance, there is an unwritten rule that you are supposed to settle with a firm by ~30-35 and stay there for the rest of your career. Many firms don't hire laterally unless they have no other choice. Professionals like investment bankers and CFAs are recruited straight out of university and groomed to assume leadership positions in the long term.
Chinese authorities give exactly zero fuck about the "prominence", prestige, or wealth of an organization or individual. The CCP disappeared one of China's richest men, Jack Ma, and forced him to go through a political re-education program because of one time he barely alluded to questioning the government's policies. China has executed CEOs in the past. Meanwhile, the most prominent newspaper in the United States recently published a glowing article about Elizabeth Holmes, recently condemned to 11 years in prison for fraud. You wouldn't see that (the article) in China.
Maybe we could take a page from them.
Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone
Intelligence, on the other hand, is far more complex to define, measure and test than eye color or height.
White people are _not_ more intelligent than black people. And it is both factually incorrect and racist to believe so.
- "I never said white people were mo--" Sure, but that is nevertheless the belief held by 99% of the people who think that some ethnicities are inherently more intelligent than others. It's a reasonable assumption that that is what you think.
Yellen Says Debt Default Would Hurt US International Leadership
Microsoft has been bleeding talent for the last 5-6 years due to low compensation. It's why the SLT authorized a "correction" in pay last year that saw many people get a significant pay bump. Lots of new college hires have even stated that Microsoft's offer was the lowest offer they received. Levels.fyi tells basically the same story as well if you compare Microsoft to many other tech companies.
One thing to note is that the bonus and stock award budget have been reduced from last year where it was inflated. So, it's back to normal. What is frustrating is that it's also likely "back to normal" for the executives when it should be minimal to non-existent. The pessimist in me says that this is nothing more than juicing the quarterly stats so that Satya and his directs hit their targets for their "normal" bonuses.
Honestly, this is the closest I've seen the company to unionization and I'm willing to bet that efforts are going to start soon. Especially if the Q4/annual results exceed expectations.
[1] https://old.reddit.com/r/technology/comments/13dveyv/microso...
I'll take predictions that won't happen for 100, Alex.
> Last year we reported on TSMC Chairman Mark Liu, who told interviewers that, “Nobody can control TSMC by force.” He reasoned(opens in new tab) that, “If you take a military force or invasion, you will render TSMC factories inoperable.” But, explosives wouldn’t be needed, according to Liu, as TSMC's fine-tuned operations would simply crumble as its real-time connections with the outside world evaporated. However, we should remember that China’s motives should not be measured against business rationality. Instead, its policies may be colored by a leader seeking glory, destiny, a legacy, and so on.
McCarthy: No ‘new movement’ with Biden on debt ceiling debate
Mercedes wants EV buyers to get used to paywalled features
Lone Antique T-34 Was Only Tank in Moscow’s Victory Day Parade
I graduated salutatorian. I was able to focus on my homework after school for hours without distractions. I had a computer at home, but it was pretty crappy.
New cars, once part of the American Dream, now out of reach for many
Those three islands off the coast of what is now South Africa would be interesting to study: would they be three separate countries? One country? Or an extension of whichever empire dominated the continent? Would be they friendly or hostile to each other?
Yellen: Not raising debt ceiling may trigger constitutional crisis
- Lack of AAA exclusives. Halo is the main one, but Sony has God of War, Ghost of Tsushima, all the Spider Men, The Last of Us, Forza, and others.
- Price. The PS4 was cheaper than the Xbox One by $100, and this mattered to parents who could afford to gift their children a $400-$500 console, but not a $1,500+ gaming PC. This matters less in the North American market, where people have more disposable income, but East Asian and European markets are safely in Sony's pocket.
- Controllers? There is a meme that Xbox controllers are designed for large, "American" hands. Regardless of the truth, memes and perceptions shape decisions.
- Sony has the Japanese market locked up. Xbox is the dominant console in the US, but its dominance is weak: 53.3% vs. 46.65% for the Playstation.[1] Which begs the question: why hasn't Microsoft crushed the competition in its prime domestic market, but Sony crushed theirs in Japan?
[1] https://www.statista.com/statistics/1044948/market-share-of-...
King Charles III Is Crowned at Westminster Abbey
It may be that the lack of a minimum wage in a situation of labor scarcity empowers workers. When there is a mandated minimum wage, a business can pay that, because it's an easy decision. But when there is no minimum wage, businesses have to work harder to determine an appropriate pay level. They have to conduct market research, hire consultants, study their competitors, and make a decision.
Fear will keep the shareholders in line.