This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Puerto Rico’s power struggles On the southeastern coast of Puerto Rico lies the country’s only coal-fired power station, flanked by a mountain of toxic ash. The plant, owned by the utility giant AES,…
As a result of being dragged kicking and screaming into allowing at least some work from home, the leadership of many companies fails to optimize their approach to hybrid work, undermining its potential for a major boost to productivity, retention and cutting costs.
Shein and Forever 21 have entered into a partnership that will give both brands new ways to reach customers, the retailers announced on Thursday. As part of the partnership, Shein will acquire around a third of Forever 21′s operator, Sparc Group. Sparc will also take a minority stake in Shein. The financial terms of the […]
Welcome back to Chain Reaction. If you haven’t heard about friend.tech this week, you’re probably living under a rock. But that’s ok, we dove deep into the hype.
Meta is shutting down Messenger Lite, its lightweight stripped-down version of Messenger, the company confirmed to TechCrunch. Users of the app are starting to see a message that advises them to “use Messenger to keep chatting.” The app has been removed from the Google Play Store for new users and will no longer be available […]
Labor productivity growth at a historically low rate — and this phenomenon isn’t localized to the U.S. The U.K. and Canada have seen the weakest annual growth since 2013, and Australia has witnessed its “biggest fall in labor productivity on record.” Here’s why.
In my 15 years as a business owner, I’ve encountered a lot of success and failure when bringing aboard both new team members and new clients. Here are some pointers to increase your chances of positive outcomes and avoid negative ramp-ups when you’re establishing new business relationships.