Tesla is implementing a hiring freeze, Mastodon is gaining more popularity, and Iran’s internet shutdown is affecting its economy.
This is all the tech news that is trending right now. Welcome to trending hashtags. It’s Thursday, December 22nd, and I’m your host, Asha Pamma.
According to reports, Tesla is laying off more employees in the next quarter Electric, The company is also considering a hiring freeze. This summer, Elon Musk said Tesla would cut its salaried workforce by about 10 percent over a three-month period. It’s unclear at this stage how broad the hiring freeze will be, especially with Tesla’s plans to expand into some manufacturing locations. The moves come as Tesla’s stock has been falling throughout the year, despite the company hitting new records every fiscal quarter. in reuters The report revealed that Tesla analysts have also cut their price targets on the stock, concerned that weakness in demand from China will weigh on the EV maker’s deliveries in 2023.
Twitter’s rival Mastodon has now grown eightfold in a matter of weeks, going from about 300,000 users in October to 2.5 million in November. The surge comes as Twitter users announced their plans to switch services amid chaos on the platform following Elon Musk’s acquisition. According to CNNAs of this week, Mastodon’s app was ranked number eight in free social networking apps on the Google Play Store and number 11 in the social networking category on Apple’s App Store. Only last week, Twitter began blocking links to Mastodon on its platform. Then it practiced an explicit policy on Sunday, before backlash forced Musk to suspend the policy in less than 24 hours.
Internet shutdowns, content filtering and platform blocking in Iran are affecting the country’s economy. In response to the massive anti-government protests and protests, the Iranian regime launched a massive shutdown in September that limited all digital communication in the country. These disruptions have affected businesses of all sizes. Several Iranian trade associations reported that their member companies were dealing with large losses. according to a report by wired, Some businesses have found that the recent power outage has affected hundreds of thousands of small businesses. The cumulative effect of these actions has affected the rights of the more than 80 million people currently in Iran and disrupted aspects of society in the country.
On January 1, 2023, works copyrighted since 1927 will enter the US public domain. They will be free for everyone to copy, share and build upon. Some of these works include Virginia Woolf’s To the Lighthouse and Arthur Conan Doyle’s final Sherlock Holmes stories. When works go into the public domain, they can now be shared legally without permission or fee. This means that online repositories such as the Internet Archive, Google Books, and the New York Public Library, for example, can make the work available in its entirety online. In addition, community theaters can screen films and youth orchestras can perform music in public without paying licensing fees. Center for the Study of the Public Domain has compiled a list of all the works that have entered the online domain.
All these technology related news are trending right now. Hashtag Trending is a part of the ITWC Podcast Network. Add us to your Alexa Flash Briefing or your Google Home Daily Briefing. Be sure to sign up for our Daily IT Wire Newsletter to get important news straight to your inbox every day. Plus, check out the next episode of Hashtag Tendencies, our weekly hashtag trending episode in French, which drops every Thursday morning. If you have any suggestion or tip, drop us a line in the comments or via email. Thanks for listening, I’m Aashi Pamma.