Free Republic

Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. The reasoning behind these workforce reductions follows a common script, citing the macroeconomic environment and a need to find discipline on a tumultuous path to profitability. Still, tracking the layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who...

However the presidential election turns out, one thing is clear, half the country will believe that the man officially sitting in the White House is an illegitimate pretender. And that’s the way it’s been throughout this century. The crisis of presidential legitimacy really kicked into gear in 2000. Before that people might hate the president, but the opposing political party wouldn’t insist on his illegitimacy. Afterward every president has been treated as an illegitimate criminal to be opposed and driven out. Twenty years later, the Democrat strategy of presidential illegitimacy has brought the country to the brink of civil war....

Attorney General William Barr has tightened his control of the Justice Department’s antitrust probes over the last several months, a move that could spell trouble for Google, Facebook, and other Silicon Valley tech giants. The attorney general, along with his deputy attorney general, Jeffrey Rosen, and several other officials, have personally taken over the antitrust probes, Politico reported Monday. The move makes good on a promise Barr made during his confirmation hearing, when he vowed antitrust issues would be a priority for him. “I think a lot of people wonder how such huge behemoths that now exist in Silicon Valley...

Eighteen years after the collapse of the dot com bubble, US tech companies find themselves in another precarious situation. During the current economic expansion, stocks like Facebook, Apple, Amazon, Netflix and Google (FAANG) have led the soaring Nasdaq stock index. However, valuations have become stretched, and the party may be coming to a dramatic end very soon. The wind has already been taken out of the sails of Facebook. A few weeks ago, #DeleteFacebook went viral after it was revealed that Cambridge Analytica gained access to the information of millions of Facebook users to learn about their identities and influence...

In the age of President Donald Trump’s crackdown on the H-1B and strict enforcement of immigration law, tech conglomerates are lobbying the Congress and White House for amnesty and more foreign labor. These are the four tech companies, according to analysis by Quartz, pushing for no reforms to the H-1B visa and legal immigration system, as the current process of bringing more than 85,000 foreigners to the U.S. each year. Microsoft In the first quarter of 2017 during Trump’s presidency, Microsoft lobbied more for immigration and the H-1B visas than any other tech company. In Microsoft’s five out of eight...

The onslaught targeting President Trump's immigration executive order continued overnight, when virtually all US tech corporations, from Apple to Zynga, including Twitter, Netflix, Google, and Microsoft, banded together late on Sunday to file an "impassioned" brief condemning Trump's temporary immigration ban, arguing that it "inflicts significant harm on American business." The amicus brief emphasizes the importance of immigrants in the economy and society. The companies originally planned to file the brief later this coming week, but accelerated efforts over the weekend after other legal challenges to the order. Participating companies in the brief, filed in the U.S. Court of Appeals...

I for one give him my most open mind and wish him great success in his service to the country," Bezos tweeted, two days after the election. In August, prominent venture capitalist Chris Sacca knocked “Trump's erratic behavior, repeatedly demonstrated ignorance of economics, and reckless statements." Sacca now says he's willing to give Trump a chance. “We in the tech community are open to helping President Elect Trump in any way he needs to help those Americans who need it most,” Sacca wrote in an email to The Hill. “We are hopeful he will immediately reach out to the tech...

If you’re looking for a company that pays its employees exceedingly well, you’d best start looking at job ads for consulting or tech. Those are the two sectors that dominated Glassdoor’s annual list of the 25 Highest Paying Companies in America.A.T. Kearney topped 2016’s rankings. The Chicago-based management consulting firm offers employees annual median total compensation of $167,534. At No. 5 on Glassdoor’s list, Google GOOGL -1.61% led the tech sector with median total compensation of $153,750. The only company in the top 25 that wasn’t related to consulting or tech was credit card issuer Visa V -0.86% at No....

Black Caucus representatives flew to Silicon Valley this week to coerce tech companies to hire more unqualified black candidates. The caucus members see the lack of diversity at the tech giants as a racial move and not one of competence. Blacks may be underrepresented but not Asians. Though they make up less than 6 percent of the overall workforce, Asians account for a whopping 17 percent of all tech-sector workers and a far higher percentage of engineers. The Sacramento Bee reported: When the world’s leading technology firms reported their workforce demographics, the details were uncomfortable, but not surprising: Apple, Google,...

When the world’s leading technology firms reported their workforce demographics, the details were uncomfortable, but not surprising: Apple, Google, Facebook and other Silicon Valley giants are dominated by men, many of them white.

"Twitterati report: Syria trip mixes work with play" Posted By Josh Rogin Wednesday, June 16, 2010 - 12:26 PM SNIPPET: "The State Department's two leading Twitterati, Special Advisor on Innovation Alec J. Ross (@alecjross) and Policy Planning staffer Jared Cohen (@jaredcohen), are in Syria this week leading a delegation of tech companies hoping to, as the Wall Street Journal's Jay Solomon puts it, "woo President Bashar al-Assad away from his strategic alliance with Iran" with offers of networking equipment, computer software, and the like." SNIPPET: "In between drinking frappuccinos and touring such places as the Souk al-Hamadiye, the famous covered...

NEW YORK (Reuters) - Technology companies are seeing a rebound in business, but top executives this week said any jobs added to meet growing demand will likely be in countries where labor is cheaper than the United States. Executives speaking at the Reuters Technology, Media and Telecommunications Summit in New York said they see increased hiring in countries like India and China, but few jobs will be added in the United States. Michael Jordan, chief executive of technology services provider Electronic Data Systems Corp. (NYSE:EDS - news) said EDS's number of employees in low-cost locations like India will rise to...