Carmen Rojas witnessed this firsthand. A first-generation Latina, she was raised by parents who didn’t graduate from high school, and with siblings who had no aspirations to attend college. Friends and other family members were all low-wage workers. Rojas chose a different path, graduating from UC Berkeley with a PhD in city and regional planning, and going on to nonprofit work serving the needs of low-income communities and minorities in the Bay Area before landing at Living Cities, where she worked with 22 of the largest foundations and financial institutions in the world to improve opportunities for low-income people. … [Read more...] about Meet The Woman Working To Change Low-Income Workers’ Prospects
Why firing a bad cop is damn near impossible
The board of M&M held a special meeting held on April 3 to review investments in SsangYong and discuss the approach to capital allocation. M&M has been trying to find new investors for SYMC since the last few months after failing to turn around the latter's loss-making operations since its acquisition 10 years ago. … [Read more...] about This week in Auto: When Royal Enfield becomes more valued than Jaguar; Mahindra refuses to bail out SsangYong
But the greatest turnaround might be that of Facebook. The service has long been in a quiet decline, especially among younger users, be it from widespread knowledge that the company has been irresponsible with our data, competitors (even those it owns) like Instagram and WhatsApp, or just a wave of people trying to digitally detox for their own mental health. However, Facebook usage has surged in every country affected by COVID-19 by a reported 50%. As the NYT put it, “Coronavirus ended the screentime debate. Screens won.” Indeed, with so little face time with friends, and so little reliable information coming from our government, the big blue social network seems more irresistible than ever. … [Read more...] about The rise of quarantine UX: How COVID-19 has upended the very idea of convenience
On dozens of Twitter accounts and online forums, people are drawn into private group chats on Discord, an app that has been popular in far-right circles. There, people share Zoom codes, raid video conferences simultaneously and designate point values for certain types of harassment in order to drive competition. The Times discovered 14 active Discord chats with dozens of messages sent a minute, with the most popular chat hosting more than 2,000 people. … [Read more...] about ‘Zoombombing’ becomes a dangerous organised effort
The services sector has been the worst hit. Consider, for instance, the services sector PMI in Italy, which plunged to a record low of 17.4 in March, down from 52.1 in February. A reading below 50 indicates contraction from the previous month, while one above 50 denotes expansion. Even Germany and Japan, countries that have managed the epidemic relatively better, saw their services sectors shrink substantially in March. A steep recession in much of the world is in the offing. … [Read more...] about Moneycontrol Pro weekender | Will April be the cruellest month?