Albert Fong
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albertfong98.bsky.social
Albert Fong
@albertfong98.bsky.social
Marketing dude, tech geek, heavy metal & '80s music junkie. Fascinated by meteorology and all things in the cloud. Opinions are my own.
A storm is brewing on your television. Your local weather forecast will never be the same. If you've tuned in to you the news station where you live, that friendly weather team has likely been replaced or will soon be www.ajc.com/news/busines... #weather #weatherchannel #atlanta
Atlanta’s Weather Channel building to become hub for TV weather reports across U.S.
Allen Media, owner of the Weather Channel, is reassigning or moving local meteorologists in two dozen local TV station markets to Atlanta in a new "hub" set up.
www.ajc.com
January 21, 2025 at 8:52 PM
Stripe is great at payments, but it's not immune to the layoff bug going around. The fintech giant is laying off 300 people, though it plans to increase headcount by 17 percent by the end of the year. AI may be the reason www.businessinsider.com/stripe-layof... @businessinsider.com #stripe #payments
Leaked memo: Stripe lays off 300 employees, mostly in product, engineering, and operations
Stripe's chief people officer, Rob McIntosh, told employees in an email that the company still planned to grow its head count this year.
www.businessinsider.com
January 21, 2025 at 7:59 PM
AI has been on the Soul Train of hype over, most notably, the past two years. The underlying premise lately is AI will be smarter and able to think like humans. We may want to reign in our overzealous expectations around superintelligence fortune.com/2025/01/20/s... @fortune.com #ai #openai
Sam Altman tells OpenAI fans to lower their expectations
OpenAI CEO Sam Altman has shut down viral rumors that his company has built AGI.
fortune.com
January 21, 2025 at 7:36 PM
The Red Dragon is open to making a deal. Uncertainty about the longevity of TikTok in the U.S. remains, and it's a big reason why China is willing to work with the government to keep TikTok ticking in the U.S. www.wsj.com/tech/china-s... @wsj.com #tiktok #china #app
China Signals It Is Open to a Deal Keeping TikTok in U.S.
The founder of the app’s parent, Beijing-based ByteDance, met with Elon Musk last year.
www.wsj.com
January 20, 2025 at 7:20 PM
La-la Land has been noticeably Ho-hum Country. The fires in Los Angeles are likely to hasten the exodus from Hollywood even further, which would be an economic disaster for the region and California www.axios.com/2025/01/20/l... @axios.com #hollywood #losangeles #entertainment #movies #television
LA fires threaten to push Hollywood further away
Hollywood has been drifting out of Hollywood.
www.axios.com
January 20, 2025 at 6:56 PM
The Big Four accounting firms may be about to see the impact of changes in the accounting and legal industries. KPMG's plans to become the first Big Four firm to practice law in the U.S. likely will open the door to bigger transitions www.wsj.com/articles/kpm... @wsj.com #kpmg #accounting #legal
KPMG Wants to Be the First Accounting Giant to Own a U.S. Law Firm. Here’s Why.
The bid in Arizona would break a barrier, potentially signaling deep changes for the accounting and legal industries.
www.wsj.com
January 20, 2025 at 6:22 PM
Costco is on the verge of becoming the latest member of a union strike. It's now facing its own potential strike as the Teamsters union authorized a strike that could begin as early as February www.businessinsider.com/costco-strik... @businessinsider.com #costco #union #teamsters #labor #workers
Costco's unionized workers vote to authorize a strike
Costco workers affiliated with the Teamsters have voted in favor of going on strike if no deal is made ahead of a January 31 contract deadline.
www.businessinsider.com
January 20, 2025 at 6:34 AM
Wine and dine has given way to wine in decline. Americans are going dry on wine, which is tanking sales demand across the board in restaurants, bars and stores. And, wine and other types of alcohol are all seeing declines www.nbcnews.com/data-graphic... @nbcnews.com #alcohol #wine #consumers
Wine sales drying up as Americans turn elsewhere
U.S. wine sales continued a multiyear decline in 2024, which experts attribute to shifting demographics, health concerns, new competition and economic forces.
www.nbcnews.com
January 20, 2025 at 6:13 AM
TikTok has already shut down its service. The same goes for Apple and Google, who have removed TikTok from their app stores. Content creators and influencers have discovered it can all disappear quickly www.bloomberg.com/news/article... @bloomberg.com #apple #google #tiktok #appstore #unitedstates
Apple, Google Remove TikTok From US App Stores as Ban Kicks In
Apple Inc. and Google removed TikTok from their mobile app stores in the US as required by a law that took effect Sunday, after the social media company’s legal challenges failed to head off the measu...
www.bloomberg.com
January 19, 2025 at 7:42 AM
TikTokity or Perpletock? TikTok's days in the U.S. are coming down to hours, or is it? Perplexity AI is making a bid for the platform that goes beyond an acquisition, but actually merging the two companies to create a new entity www.cnbc.com/2025/01/18/p... @cnbc.com #tiktok #perplexityai #merger
Perplexity AI makes a bid to merge with TikTok U.S.
Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC has learned.
www.cnbc.com
January 19, 2025 at 12:05 AM
Walmart and luxury probably don't come up together in many conversations or thoughts. But, the giant retailer's new partnership with luxury reseller Rebag aims to change that, while attracting wealthier shoppers www.bloomberg.com/news/article... @bloomberg.com #walmart #rebag #retail #luxury
Chanel, Prada Added to Walmart Inventories as Part of Rebag Partnership
Walmart Inc. is partnering with luxury reseller Rebag to sell pre-owned handbags, jewelry and accessories online as the retailer looks to attract wealthy shoppers and fashion enthusiasts.
www.bloomberg.com
January 17, 2025 at 10:12 PM
IT is the new HR. AI agents or virtual employees replacing humans in the workplace. The challenge in the interim is how humans manage these 'AI workers' as if they're actual human employees www.zdnet.com/article/mana... @zdnet.bsky.social #aiagents #ai #workforce #work #humanresources #humans
Managing AI agents as employees is the challenge of 2025, says Goldman Sachs CIO
There may even be AI 'layoffs' as programs are replaced by more highly capable versions.
www.zdnet.com
January 17, 2025 at 7:53 PM
Silicon Valley, New York, Seattle...Phoenix? When you think of innovation hubs, the Valley of the Sun doesn't probably isn't the first place that comes to mind. But it should due in part of the AI revolution www.cnbc.com/2025/01/17/w... #phoenix #arizona #technology #ai #innovation #culture
Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.
www.cnbc.com
January 17, 2025 at 6:46 PM
TikTok's ban-or-sale doomsday is fast approaching after the Supreme Court's ruling has cast a shadow over TikTok's future in the U.S. The issue may soon be whether users can continue to the app after a ban www.washingtonpost.com/technology/2... @washingtonpost.com #tiktok #app #socialmedia
Can you use TikTok if it’s banned? Your guide to a likely shutdown.
We have no clue what’s going to happen with a possible TikTok ban. But here’s how to prepare in case TikTok is shut down, briefly or for much longer.
www.washingtonpost.com
January 17, 2025 at 6:19 PM
Get your chips ready because the bet is Intel may be an acquisition target. The company is certainly in dire straits as it gradually slips into oblivion based on bad strategic decisions and a fast-changing AI landscape www.bloomberg.com/news/article... @bloomberg.com #intel #chips #ai #acquisition
Intel Shares Jump on Report It’s an Acquisition Target
Intel Corp. shares jumped as much as 9.5% Friday morning after a report on a technology news site said the beleaguered chipmaker is an acquisition target.
www.bloomberg.com
January 17, 2025 at 5:55 PM
Google's not jiggy with the EU's new fact checking law. The company won't be adding fact checks to search results or YouTube videos, nor use fact-checking data when ranking or removing content. How the EU responds is quite another story www.axios.com/2025/01/16/g... @axios.com #google #eu #content
Google won't add fact-checks despite new EU law
The company informed EU officials in a new letter.
www.axios.com
January 17, 2025 at 5:38 PM
You've seen them...those calorie counts on restaurant and fast food menus as well as at supermarkets. If you're like most, they don't really deter us from buying that juicy cheeseburger and choosing a healthier salad instead www.bloomberg.com/news/article... @bloomberg.com #food #health #lifestyle
Calorie Labels Have Limited Impact on Food Choices, Study Finds
Calorie labels in supermarkets and restaurants have little impact on consumer choices, researchers found, fueling doubts about whether the practice is worth keeping.
www.bloomberg.com
January 17, 2025 at 7:22 AM
Something broader is going on. Cancer rates among young people in the U.S. have been increasing for the past decade, particularly as more young and middle-aged women are diagnosed with breast cancer www.wsj.com/health/healt... @wsj.com #health #women #men #healthcare #cancer
Younger Women Are Now More At-Risk for Cancer Than Men
Trends in breast, prostate and lung cancer are shifting who is most at-risk.
www.wsj.com
January 17, 2025 at 7:03 AM
Cash App is being taken to the cleaners. How important is providing good customer service and listening to customers? For Jack Dorsey's Block, which owns Cash App, that's about to cost the company $255 Million in penalties over fraud www.nytimes.com/2025/01/16/b... @nytimes.com #cashapp #fraud
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.
www.nytimes.com
January 17, 2025 at 12:36 AM
Apple's China syndrome may soon create problems on this side of the pond. The iPhone is no longer the king of the hill in China, falling to third behind domestic brands Vivo and Huawei www.reuters.com/technology/a... @reuters.com #apple #iphone #china #ai #smartphone #technology
Apple loses smartphone sales crown in China, drops to third in 2024
Apple was dethroned as China's biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17%, data from research firm Canalys showed on Thursday.
www.reuters.com
January 17, 2025 at 12:18 AM
Spoon, what spoon? Soup as a hard candy...I have to admit the idea never (I mean, never) crossed my mind. But, Progresso believes it has potential with its Traditional Chicken Noodle Soup drops www.delish.com/food-news/a6... #progresso #soup #brand #marketing
Progresso's New 'Soup Drops' Are Wilder Than Willy Wonka Could've Dreamed
Here's how to get yours.
www.delish.com
January 16, 2025 at 7:03 PM
State Farm is doing an about face and offering renewals to policyholders it previously dropped and now affected by the L.A. fires. For residents, that's a silver lining in an otherwise dismal and depressing firescape www.latimes.com/business/sto... @latimes.com #statefarm #insurance #homes
State Farm to offer renewals to policyholders affected by L.A. County fires
State Farm, California's largest home insurer, said Wednesday that it will offer renewals to all L.A. County residential policyholders affected by the fires.
www.latimes.com
January 16, 2025 at 6:39 PM
State Farm won't be there for the Super Bowl. Insurance companies have been under spotlight lately. State Farm is pulling its Super Bowl ad amid the LA wildfires and increasing backlash www.rollingstone.com/tv-movies/tv... @rollingstone.com #statefarm #superbowl #losangeles #advertising
State Farm Pulls Super Bowl Ad: 'Our Focus Is Providing Support to the People of Los Angeles'
A planned State Farm commercial will not air during the Super Bowl: "Our focus is firmly on providing to support to the people of Los Angeles."
www.rollingstone.com
January 16, 2025 at 6:21 PM
The true measure of a company's values lies in its actions, not in the slogans displayed in the lobby. In a steady parade of companies that are retreating from their diversity efforts, Costco is standing out by holding tight www.wsj.com/business/cos... @wsj.com #costco #dei #diversity #workforce
Why Costco Isn’t Joining the Backlash Against DEI
The retail giant is swatting back at a conservative activist group, buoyed by loyal customers and staff.
www.wsj.com
January 15, 2025 at 9:16 PM
TikTok will need to sell its U.S. operations if it hopes to evade going dark at the end of this weekend. ByteDance or whoever's in charge could make significant rewards in the neighborhood of $50 billion is it sells www.cnbc.com/2025/01/15/t... @cnbc.com #tiktok #china #socialmedia
TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.
www.cnbc.com
January 15, 2025 at 8:52 PM