Article

2023-07-12 Economy

Microsoft's 'indiscriminate' firing continues as hundreds more lose livelihoods

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2023-07-12 00:00|| || Front Page|| [19 views ] Top

#1 Yep, Bidenomics is fine. /sarc

Posted by Procopius2k 2023-07-12 07:38|| 2023-07-12 07:38|| Front Page Top

#2 there will be a burst of creative new companies

'Shark Tank' star issues dire warning to US businesses: Crisis is emerging

"If you're in the S&P 500, you have no trouble financing your business. You can't say that about small business anymore. The cost of capital has gone through the roof."

Posted by Skidmark 2023-07-12 09:34|| 2023-07-12 09:34|| Front Page Top

#3 Just smile, and think of Covid.

"I'm indispensable!"

Posted by swksvolFF 2023-07-12 10:07|| 2023-07-12 10:07|| Front Page Top

#4 My heart bleeds peanut butter.

Posted by Rex Mundi 2023-07-12 10:36|| 2023-07-12 10:36|| Front Page Top

#5 Virtual employees telecommuting to their virtual jobs. Paid in virtual currency. Where does it all lead?

Here...

Posted by M. Murcek 2023-07-12 10:38|| 2023-07-12 10:38|| Front Page Top

#6 ^ massive weight gain, poor hygiene, a false sense of security and commercial real estate implosion.

Posted by Super Hose 2023-07-12 12:00|| 2023-07-12 12:00|| Front Page Top

#7 Microsoft has said in recent months that clients are looking for ways to save money on their cloud computing bill.

You can go to any store like, say, BestBuy and buy a four terabyte solid state disk for your personal computer for maybe two hundred bucks. Why do you need a cloud that's liable to get hacked?

Posted by Abu Uluque 2023-07-12 13:10|| 2023-07-12 13:10|| Front Page Top

#8 ^ In the age of video "content" creators, 4 TB doesn't go very far. It takes a lot of space to store raw footage and edited clips of hundreds or thousands of TikTok videos.

That said, yeah, stay off the cloud storage if you can help it.

Posted by M. Murcek 2023-07-12 13:27|| 2023-07-12 13:27|| Front Page Top

#9 Lucky for me I'm not a content creator. But even if I was I could back up all those video files onto a removable USB disk and I know where I can get one terabyte USB disks for a hundred bucks. Label them so you know which files are on them, access them as needed and keep as many as you like. They'll never get hacked or lost sitting in a desk drawer.

Posted by Abu Uluque 2023-07-12 14:27|| 2023-07-12 14:27|| Front Page Top

#10 Home and small business NAS can easily get you into the 20-60 Terabyte range at a price that will pay for itself versus several years of renting that much cloud space.

And it's inaccessible outside your home network if you set it up correctly.

Posted by M. Murcek 2023-07-12 14:36|| 2023-07-12 14:36|| Front Page Top

#11 re: #9,

Hey, are those floppy disks? I had boxes of those things labeled and set to go. granted that was almost 50 years ago, but still.....

Posted by AlanC 2023-07-12 15:16|| 2023-07-12 15:16|| Front Page Top

#12 Most newer computers don't even have a floppy port on the mainboard, let alone a drive. I still carry a 1.44Mb outboard USB floppy drive in my "bag of tricks."

You really just never know...

Posted by M. Murcek 2023-07-12 15:24|| 2023-07-12 15:24|| Front Page Top

#13 Hackers believed to be linked to China have exploit vulnerabilities in Microsoft software to breach the email systems at over two dozen organizations, including some U.S. government agencies, as part of a suspected cyber-espionage campaign.

Posted by Abu Uluque 2023-07-12 17:03|| 2023-07-12 17:03|| Front Page Top

#14 The Wall Street Journal reports that the hackers, identified as “Storm-0558,” exploited a security weakness in Microsoft’s cloud-computing environment to gain access to sensitive computer networks. This development is especially concerning for officials and security researchers, as it is seen as part of a larger espionage campaign that could have compromised valuable U.S. government information.

Posted by Abu Uluque 2023-07-12 17:05|| 2023-07-12 17:05|| Front Page Top

21:05 Chris
20:46 Chris
20:44 Chris
20:25 SteveS
19:58 Crusader
19:55 magpie
19:16 Abu Uluque
18:56 Super Hose
18:50 Frank G
18:40 Frank G
18:13 swksvolFF
18:11 CrazyFool in Texas
17:49 swksvolFF
17:49 Beavis
17:11 jpal
17:05 Abu Uluque
17:04
17:03 Abu Uluque
16:35 Besoeker
16:32 swksvolFF
16:29 NoMoreBS
16:14 magpie
15:59 Punky Protector of the Jutes1381
15:57 trailing wife