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Showing posts with the label Technology News.

Technology News | Wednesday 30, 2022:

  Source: marketwatch.com Technology - MarketWatch by Associated Press 19-24 minutes Infowars owner Alex Jones held in contempt of court after failing to appear for Sandy Hook deposition Conspiracy theorist and radio host sued by survivors of 2012 school massacre that he insisted for years had been a ‘false flag’ event. Jones has more recently conceded that the mass shooting did occur. Mar. 30, 2022 at 4:04 p.m. ET by Associated Press Opinion

China's Bytedance staff say bonuses clipped by slowdown, competition

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Cate Cadell 3-4 minutes BEIJING/SHANGHAI (Reuters) - Beijing Bytedance Technology Co, which owns short-video platform Tik Tok, has cut back holiday bonus payments ahead of the Chinese New Year, according to employees, amid a wider slowdown that has taken a bite out of the country’s tech firms. FILE PHOTO: A new Bytedance sign is seen on the facade of its headquarters in Beijing, China August 8, 2018. REUTERS/Stringer/File Photo The six-year old company, one of the world’s most valuable start-ups potentially worth around $75 billion, is the latest Chinese tech firm to show signs of strain amid an economic slowdown that has hurt consumer spending and ad sales. A letter by Bytedance founder Zhang Yiming, circulated via social media, urged employees not to be disappointed by smaller payouts ahead of challenges in 2019, four employees confirmed to Reuters. The holiday bonus - called “Red Envelope” - is similar to a year-end bonus, and at some co