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Mastercard, one of the biggest financial payments providers in the world, is launching a web3-focused incubator to help artists connect with fans through a new medium, the company shared at CES 2023 on Friday.

“The core of this program is providing emerging artists with the web3 tools and skills they need to excel and advance their music careers in this digital economy,” Raja Rajamannar, chief marketing and communications officer at Mastercard, said to TechCrunch. “By providing access to experts and innovators in the space, the artists will be guided on how to incorporate web3 into their work throughout the entire program and then beyond.”

Mastercard partnered with Polygon, a scaling blockchain built on top of Ethereum, which has been making huge strides in the Web 2.0 ecosystem lately. In the past year, Polygon partnered with a number of other big brands like Starbucks for its Odyssey digital collectible rewards program and Disney for its accelerator program, while also having major clothing brands like Prada and Adidas launch NFT projects through its blockchain.

Senior corporate officers across the nation are wringing their hands. The 2023 economic climate is uncertain, but one thing is for sure—more layoffs are coming. In November 2022 alone, more than 80,000 layoffs were announced from tech giants like Meta, Amazon, and Twitter, as well as conventional companies like PepsiCo, Goldman Sachs, and Ford.

Downsizing is one of the most difficult things that leaders ever have to accomplish. How many should you let go? When should you do it? Who stays and who goes? What severance do you offer? How do you protect your diversity targets? How to maintain trust and productivity in those who get to stay?

Let too many go, too fast, and you could damage service and execution. Let too few go, too late, and you might lose money. Let the wrong people go and you may just create internal chaos. Getting this wrong can have enormous consequences on profitability, productivity, brand reputation, and stock price.

The biggest tech companies have announced mass layoffs blaming a slowing economy for the job cuts. Is the tech dream going to crash? Priyanka Sharma tells you more.
#techgiants #layoff #wion.

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Yet, it is a small percentage of its workforce.

Amazon.com Inc., one of the largest technology companies in the world with presence in ecommerce, advertising, video streaming and cloud computing, has announced that it will be laying off 18,000 workers as the company copes with the economic downturn in the future, The Wall Street Journal.

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This past year, global attention has been focused on geo-strategic issues, such as the devastating war in Ukraine, which has dislocated many and caused immense suffering. Attention has also been focused on the recovery from the COVID pandemic, which was the overriding concern over the past three years. And finally, the economic destruction wrought by rapidly ramped interest rates which have targeted all sectors of the economy, particularly technology. But despite all this negativity, the business of building the future continues. There has been progress across major axes of computing, from visualization to AI and new types of processors (quantum).

With immense progress in technology, what might we look forward to in 2023?

Amazon is laying off 18,000 employees, the tech giant said Wednesday, representing the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.

In a blog post, Amazon CEO Andy Jassy wrote that the staff reductions were set off by the uncertain economy and the company’s rapid hiring over the last several years.

The cuts will primarily hit the company’s corporate workforce and will not affect hourly warehouse workers. In November, Amazon had reportedly been planning to lay off around 10,000 employees but on Wednesday, Jassy pegged the number of jobs to be shed by the company to be higher than that, as he put it, “just over 18,000.”

As lidar company Luminar pushed ahead to meet its goals for 2022 — milestones that included locking in new commercial contracts with unnamed automakers and shipping production-ready sensors to SAIC — it also snapped up a small HD mapping startup called Civil Maps.

The acquisition, which was disclosed Wednesday during Luminar founder and CEO Austin Russell’s presentation at CES 2023, is more than just a large publicly traded company taking advantage of a consolidating industry. Although the timing couldn’t have been better due to the current economic environment, according to Russell.

For Russell, the acquisition is part of Luminar’s longer term vision to be more than just a lidar supplier. Mapping, specifically the mapping tech that Civil Maps created, is foundational to that goal, Russell said.

What an AI taught me about our future – a mind blowing podcast.

In this groundbreaking podcast, James Brauer interviews “Futurist”, an AI that specializes in forecasting the future of mankind.

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The NEO Surveyor will be able to detect individual asteroid heat signatures.

NEO Surveyor is, as the name implies, a satellite specifically designed to survey objects near the Earth (NEO). One of its primary contributions will be to look for asteroids and other small bodies that are potentially on an eventual collision course with Earth but are invisible to typical NEO survey missions because of their location in the solar system.

Continue reading “NASA’s plan to identify dangerous asteroids takes a major step forward” »