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Big corporations acting badly is not a surprise. But I'll bet most folks don't know about Kytch.

McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup | WIRED • https://www.wired.com/story/kytch-taylor-mcdonalds-ice-cream-machine-smoking-gun/
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#mcdonalds #fastfood #business #economy

via Diaspora* Publisher -

McDonald’s Ice Cream Machine Hackers Say They Found the ‘Smoking Gun’ That Killed Their Startup

Kytch, the company that tried to fix McDonald’s broken ice cream machines, has unearthed a 3-year-old email it says proves claims of an alleged plot to undermine their business.
Andy Greenberg (WIRED)
#economy #business #FastFood #mcdonalds

‘Greedflation’: profit-boosting mark-ups attract an inevitable backlash

Some companies seized on widely reported disruptions to raise prices and increase margins at the expense of consumers

#news #finance #economy

https://www.ft.com/content/731e38d9-821d-4a6d-b9fd-22a5c6c0c0fd

‘Greedflation’: profit-boosting mark-ups attract an inevitable backlash

News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Anne-Sylvaine Chassany (Financial Times)
#news #economy #finance

Crypto is in crisis, Meta is crashing, Elizabeth Holmes is going to prison, and Elon Musk is doing all he can to destroy the reputation he spent decades building.

The tech industry is at a turning point, but where will it go next and how do we prepare for its next act?

📬 Read my newsletter: https://buttondown.email/techwontsaveus/archive/a-turning-point-for-the-tech-industry

#tech #future #economy #siliconvalley #elonmusk
The higher order system here isn't technology; it's capitalism. That's what will shape what comes next, unless we overturn it — a prospect I sadly don't see on the horizon anytime soon. That means we need to reject a desire to give into fantasy, and pay close attention to where venture capitalists and major tech firms allocate capital in the months to come: What are they betting the future will be, and how are their PR people going to try to sell it to us?

A turning point for the tech industry?

Less than a week since my last update, and I’m already in your inbox again! I couldn’t help myself from commenting on the downward slide the tech industry is...
buttondown.email
#tech #economy #elonmusk #future #siliconvalley

Looks like a sign-maker got a bit too enthusiastic.

#hiring #job #market #economy
#hiring #economy #job #market

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