VICE Ran Out of Money (For Everyone Except Its Executives) By Katie Way
"For instance, the company's Chief Operating Officer Cory Haik, who came to VICE by way of Mic, took home $726,068 between May 2022 and May 15, 2023, the date of VICE's bankruptcy filing. Folded into that sum was a $45,000 bonus on April 28, a little more than two weeks before VICE declared bankruptcy."
I don't like the term #neoliberalism (its imprecise use renders it a weak criticism), but the UK's malaise is clearly linked to the domination of a mindset dominated by the construction of #markets as a general social panacea, the instrumentalisation of public life, the privileging of #corporate interests & the domination of a thin understanding of the good life....
if this is neoliberalism, then that is the the problem.
Whatever; the UK needs a major rethink about its socio-economic model(s)
Well, well, well... if you were wondering where the state-support for the #railways was going (as it certainly hasn't been driving down fairs), it would seem that the train-leasing sector is have a very good time.
Kevin Farnsworth has a term for this: 'corporate welfare' - the funnelling of taxpayers money into #corporate pockets with little regard for the impact on #voters interests....
Where there's a subsidy, there's a firm capturing it for their shareholders.
Hi @freemo, questions about dealing with federation from more commercial entities:
█Can it be possible to continue as it is now and then opt-in from preferences? To switch on per user each as the main thing to do with federating with BlueSky and Thread.net.
Perhaps more will come but these 2 for now since they are especially commercial / less like Mastodon.
An all or nothing switch, started "off" first to continue without being embedded / scraped, and then each user decides to change, not not.
So before more happens with more commercial versions of Mastodon etc (essentially making for hybrid Fediverse perhaps), I would le want to see if those 2 things were possible?
It’s #MutualAid flowing naturally from what is essentially the world first #class free #anarchist platform.
It’s only seems strange because we’re so accustomed to screaming into the wind at the #elite who are the object of the #corporate platforms’ attention #economy.
Left to our own devices, it’s a no brainer that we help one another weather the insanity the elite daily thrust upon on all of us.
Ant Mascot is a global online marketplace, where people come to buy and sell unique goods.Elevate team spirit with adorable ant mascot-themed corporate gifts for employees. These fun and memorable tokens of appreciation inspire unity and motivation, fostering a positive work environment
“according to the Japanese functional food register, the consumption of the tomatoes is not recommended for pregnant women, breastfeeding mothers and small children”
A judge on Tues ruled that #ElonMusk's $56 billion #Tesla pay package could be tossed, calling the compensation "an unfathomable sum" that was not fair to #shareholders, acc/to a court filing.
The ruling swept away the largest pay package in #corporate America. The judge found it was
negotiated by directors who seemed #beholden to their headline-making CEO & the promise of allowing him to share in the company's enormous growth.
This year will be a big test for multilateralism & global #taxation.
Today, an agreement (three years ago) by 140 countries comes into force mandating a minimum effective tax rate of 15% on #corporate profits.
Q. is will the absence of 60 states from this agreement render it relatively ineffective, or are we at last seeing a move to ensure corporations contribute properly to the social #infrastructure of the countries in which they operate?
[Also see yesterday's post of Sol Piciottos' blog]
See how long the #AI love affair lasts when they propose it as a replacement for C-level Execs or #corporate board members.
Not even talking about investment #bankers, or #investment "professionals".
🧵1/3 Tested for you: If I #block an #instance or people privately, I can no longer interact with them after a short wait, even though I can still see the profile. But I have tried this with #Threads and it does NOT work!
Regardless of whether I block the whole domain or just one account (test with Insta-Boss), I can still interact and comment (he probably, too?). So I will have to move to another instance with #blockThreads ▶️ https://fedipact.online/#privacy#dataSecurity#GDPR@Gargron
🧵 2/3 I understand if people love #Threads and federations with big #corporate platforms but I want to have a real choice. @Gargron
I didn't leave the big platforms to get them back without any protection. I could post for followers only, yes, of course, but this takes me my reach.
If it stayed that way (described above), I could go straight back to large platforms.
With the whole #Threads thing I think there is generally a fear of missing out that makes people want to go #corporate. That's why #Meta and #Twitter remain so popular.
But to go to, and remain on, part of the #Fediverse whose instances have chosen to opt out would probably make a more enjoyable, meaningful experience.
Finding people with similar interests is much more fruitful that knowing what some boring celebrity has to say, or to listening to a middling centrist crowd have their say.
After 250 000 Panamians took the streets (a massive 6 % of the population!) to protst Central America's largest open pit copper mine owned by First Quantum Minerals, the supreme court ruled that the mine has to be shut down.
Thanks to @corpwatch ! (definitely worth a follow🖤 )
big [#corporate money is going all-in on #hotswapping -- a little like another subscription service then, right?]
"partnership will see 100 Fiat 500e EVs that operate within Stellantis’ Free2move car-sharing service be retrofitted with Ample’s modular batteries which can then be swapped on a module-by-module basis at the startup’s swap stations"
Ant Mascot - corporate gifts for employees (www.antmascot.com)
Ant Mascot is a global online marketplace, where people come to buy and sell unique goods.Elevate team spirit with adorable ant mascot-themed corporate gifts for employees. These fun and memorable tokens of appreciation inspire unity and motivation, fostering a positive work environment