Tag: despite
Pixel 4a 5G and Pixel 5 get surprise updates, despite reaching EoL status last year
Taco Bell and KFC parent Yum Brands’ stock rises despite fourth-quarter earnings miss
Despite Final Fantasy 7 Rebirth not having a concrete PC release date, it’s just shot right to the top of my 2024 wish list for one hella big reason
Despite Final Fantasy 7 Rebirth not having a concrete PC release date, it’s just shot right to the top of my 2024 wish list for one hella big reason
Elon Musk doubles down on criticism of George Soros despite being branded anti-Semitic
Earnings Results: Container Store plans layoffs, sales expected to decline further despite Bed Bath & Beyond closures
Despite Layoffs, Open Source and Linux Skills are Still in Demand
But then Zemlin added that “open source is countercyclical to these trends. The Linux Foundation itself, for instance, had its best first quarter ever.”
As Hilary Carter, SVP of research and communications at the Linux Foundation, said in her keynote speech at Open Source Summit North America in Vancouver, Canada: “In spite of what the headlines are saying, the facts are 57% of organizations are adding workers this year.” Carter was quoting figures from the Linux Foundation’s latest job survey, which was released at the event.
Other research also points to brighter signs in tech employment trends. CompTIA’s recent analysis of the latest Bureau of Labor Statistics (BLS) data suggests the tech unemployment rate climbed by just 2.3% in April. In fact, more organizations plan to increase their technical staff levels rather than decrease.
The demand for skilled tech talent remains strong, particularly in fast-developing areas, such as cloud and containers, cybersecurity, and artificial intelligence and machine learning. So, what do these all areas of technology have in common? The answer is they’re all heavily dependent on open source and Linux technologies.
While layoffs are happening at Microsoft, Amazon, Google, IBM, and even Red Hat, “the Linux Foundation found senior technical roles are seeing the biggest cuts,” the article points out. “New hiring is focused on developers and IT managers.” And companies are also spending more on training for existing technical staff, “driven by the fact that there aren’t enough experts in hot technologies, such as Kubernetes and generative AI, to go around.”
Interestingly, a college degree is no longer seen as such a huge benefit. Businesses responding to the Linux Foundation’s research felt upskilling (91%) and certifications (77%) are more important than a university education (58%) when it comes to addressing technology needs.
Read more of this story at Slashdot.
Hacker marketplace still active despite police ‘takedown’ claim
Disney Plus Reduces Streaming Business Losses By $400 Million Despite Losing 4 Million Subscribers
According to a newly released earnings report, Disney+ experienced a decline in subscribers for the second consecutive quarter in the first three months of 2023, with 4 million customers dropping the service. The company had also seen a decline in subscribers at the end of 2022.
However, there was some positive news for the company, as they reported a reduction in streaming business losses by $400 million, which is a 26% year-over-year decrease.
At the end of the first quarter of 2023, Disney+ had 157.8 million subscribers, which Variety clocked as lower than Wall Street’s anticipated 163.17 million. The decline in subscribers was driven by a sequential drop of 4.6 million in Disney+ Hotstar, the version of the service available in India and Southeast Asia.