Copyright infringement was never stealing to begin with. If I steal your pencil, you are no longer in posession of it. If I copy or download your pencil, we both have a copy, and you are not deprived of your property.
willington
joined 1 year ago
He doesn't need to sell, no.
It's collateral for a low interest loan.
Look up "buy borrow die" on a search engine.
PayPal Holdings Inc. will reduce its workforce by about 9% as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of analyst downgrades.
In a letter to staff on Tuesday, Chriss said the decision was made to “right-size” the company through both direct cuts and the elimination of open roles throughout the year. Affected staff will be notified by the end of the week, according to the letter, which was seen by Bloomberg News.
PayPal, which employed around 29,900 workers at the end of 2022, announced a similar round of cuts last January. The latest move will affect about 2,500 workers.
Eliminating jobs will allow the firm to “move with the speed needed to deliver for our customers and drive profitable growth,” Chriss said in the letter. “At the same time, we will continue to invest in areas of the business we believe will create and accelerate growth.”
Shares of the payments giant have plunged more than 20% over the past year as earnings faltered and the company lowered its full-year guidance for adjusted operating margin. PayPal named Chriss last year to replace Dan Schulman.
PayPal was an early disrupter in the payments industry, but rivals including Apple Inc. and Zelle have since crowded the space, leaving PayPal struggling to keep pace. At least four analysts downgraded the stock this month, citing a range of concerns from rising competition to pressure on profitability.
Chriss said on PayPal’s third-quarter earnings call that the firm’s “cost base and complex structure” had slowed progress, an issue he plans on addressing to boost the firm’s operating leverage. The San Jose, California-based company is set to report fourth-quarter results next week.
“There hasn’t been a lot to celebrate” over the past few years, Chriss told CNBC earlier this month.
Since Chriss took the helm, he’s revamped PayPal’s leadership roles and made clear
that he plans to streamline what grew into a bloated business during the pandemic.
Block Inc., which offers the Cash App and Square payments services, began cutting jobs Tuesday as part of its goal to trim the workforce to 12,000 by the end of the year. Headcount as of the end of the third quarter of last year was just over 13,000, according to the firm.
We live under a two-tier "justice" system.
"There is a group the law protects but does not bind. And there is a group the law binds but does not protect."
The source article from a security researcher Felix Krause:
A real war has risk for all the participants.
Here you bear all the risk, and the counterparty, the internet company for example, bears no risk.
If and when you create the risk for the counterparty, where no risk has existed before, then and only then do you have a right to call it a war. In other words you have to in some way threaten the counterparty and make good on those threats to be at war.
You give me hope, thank you.
OK, you're a hardy soul then. I support your efforts. 💫
You're telling me you don't fill up your car?
Every single gas station in the US of A uses a sub-penny pricing scheme. I have not seen a sigle exception yet.
So you never patronize any business that uses the .99 and .95 pricing schemes? Gas stations are the worst offenders with their sub-penny pricing schemes.
Practically all ads exaggerate to the point of lying. "Luxury apartment for rent" <-- just a run of the mill apartment, not luxurious. Etc.
Business culture is a culiure of lies.
And what's going to protect the lens from the lunar dust?
They might need a diamond lens or something.
There's always money/wealth in the economy. If the workers don't have it, someone else does. Find where the money is, and tax it. Then redistribute.
It's not a hard concept. It's a question of the political will. We know what to do, but will we do it?