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Monday☕️

Trending:

  • T-Mobile Layoffs
  • WordPress 100-Year Domain Plan

Markets:

  • Five years of S&P 500:
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  • Five years of Tesla:
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  • Five years of Gold:
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T-Mobile Layoffs:

  • T-Mobile recently announced it will lay off 5,000 employees, or 7% of its workforce, primarily in corporate, back-office, and technology roles, to improve efficiency and reduce costs. This decision comes shortly after the merger with Sprint, which had promised to create more jobs.
  • T-Mobile President and CEO, Mike Sievert, explained that the layoffs were necessary due to increased customer acquisition costs and the need to meet shareholder obligations. He emphasized that the company needs to move quickly, leveraging data, AI, and other tools to deliver personalized digital experiences for customers.
  • This move, while contrasting with the job growth promises made during the Sprint merger, is in line with a broader trend of companies like Google, Meta, and Amazon, optimizing their operations through AI automation. Despite assurances of no more widespread reductions in the foreseeable future, this development raises concerns about the long-term impact of automation on employment.

WordPress 100-Year Domain Plan:

  • WordPress has introduced a 100-year plan for domain registration and hosting, a solution designed for companies and families wanting to preserve their digital content for generations.
  • This offer goes beyond the typical 10-year registration cap, ensuring your website, along with its stories, photos, sounds, and videos, are preserved for a century. The package includes domain registration, hosting with unmetered bandwidth, 24/7 personalized support, multiple content backups across distributed data centers, and automatic submission to the Internet Archive for public content.
  • Additionally, ownership transfer protocols are in place to facilitate the transfer of the URL to a descendant or a new owner. Priced at $38,000 ($380 per year), this plan aims to protect and document the digital legacy of families and companies for the long term, although the cost may be prohibitive for many. Interested parties can apply via a form on the WordPress website.

Statistic:

  • Top 20 largest pharmaceutical companies by market cap:
  1. 🇺🇸 Eli Lilly: $525.57B
  2. 🇺🇸 Johnson & Johnson: $432.07B
  3. 🇩🇰 Novo Nordisk: $423.95B
  4. 🇺🇸 Merck: $279.66B
  5. 🇺🇸 AbbVie: $258.91B
  6. 🇨🇭 Roche: $237.55B
  7. 🇨🇭 Novartis: $213.76B
  8. 🇬🇧 AstraZeneca: $211.55B
  9. 🇺🇸 Pfizer: $205.40B
  10. 🇺🇸 Amgen: $137.13B
  11. 🇫🇷 Sanofi: $135.74B
  12. 🇺🇸 Bristol-Myers Squibb: $129.69B
  13. 🇺🇸 Gilead Sciences: $95.76B
  14. 🇺🇸 Regeneron Pharmaceuticals: $90.52B
  15. 🇺🇸 Vertex Pharmaceuticals: $90.34B
  16. 🇺🇸 CVS Health: $86.46B
  17. 🇺🇸 Zoetis: $84.15B
  18. 🇦🇺 CSL: $82.06B
  19. 🇩🇪 Merck KGaA: $75.59B
  20. 🇬🇧 GlaxoSmithKline: $71.77B

Article Links:

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Harnessing the Power of Data: The Integral Role of Data Centers
In today’s hyperconnected world, data centers play a monumental role in navigating the vast landscape of information. Serving as the nerve center of digital transformation, they encapsulate a variety of services - from data storage and cloud computing to data accumulation and the development of AI m…

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