#Trading services cost

[ninjatradinginsights]

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[aeternusfoundation]

Crypto Tokens: The New Shade of Lifestyle

[akashzipaworld]

Overcoming Challenges in Ocean Freight Forwarding | Practical Tips and Strategies

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[trademarkagentservicesblog]

Affordable Trademark Registration in Solan: Expert Services Available

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[smelly-fozzy]

How do they expect you to get job experience if they won’t give you the job? Like- they can’t train you after they hire you? You already have to go through training and rules, so can’t that be how you get experience??

[happensss]

Boosting Business Productivity with a Dubai Setup: Strategies and Definition

Dubai is a vibrant center of commerce with a pro-business atmosphere, a strategic position, and a wealth of commercial prospects in the global business scene. In order to enhance production, a firm in Dubai must take use of the city's special advantages in addition to Business setup companies in Dubai to establish a shop. This blog post will examine methods for increasing corporate productivity in a Dubai setting and go into what productivity means in this particular situation.

What Productivity Means in a Dubai Environment:

In the context of a Dubai business setting, productivity is more than just efficiency. It includes the capacity to use the city's strategic advantages in order to get the best outcomes. Dubai is a great place for international trade because of its strategic location, which links companies to markets in Asia, Europe, and Africa. Utilizing this geographic advantage to improve lead times, optimize logistics, and boost overall operational efficiency is key to productivity in a Dubai setup.

In addition, Dubai's infrastructure and business-friendly policies boost productivity by creating an atmosphere that is favorable to growth and innovation. Beyond output, productivity also involves the capacity to change with the times and prosper in a fast-paced business environment. Businesses that are successful in Dubai are aware that maintaining a competitive edge necessitates ongoing innovation, embracing new technologies, and forming strategic alliances.

Techniques to Increase Dubai's Business Productivity:

Accept Technological Developments:

One distinctive feature of Dubai's commercial environment is the speed at which technology is developing. Businesses need to use cutting-edge technology like blockchain, data analytics, and artificial intelligence to increase productivity. By putting these technologies into practice, one can improve decision-making, automate repetitive chores, and gain insightful knowledge for strategic planning.

perspective due to Dubai's cosmopolitan culture and multinational business community. This entails adjusting to various business methods, comprehending a variety of market realities, and customizing goods and services to satisfy international standards. By doing this, companies can extend beyond local borders and take advantage of the diverse talent pool in the city.

Strategic Collaborations and Networking:

Dubai's productivity is frequently correlated with the strength of its business networks. Forming strategic alliances with other companies, domestically and abroad, can lead to new markets, resources, and economic prospects. Using networking sites, joining business councils, and taking part in industry events are all crucial tactics for building deep relationships that support company expansion and productivity.

perspective due to Dubai's cosmopolitan culture and multinational business community. This entails adjusting to various business methods, comprehending a variety of market realities, and customizing goods and services to satisfy international standards. By doing this, companies can extend beyond local borders and take advantage of the diverse talent pool in the city.

Strategic Collaborations and Networking:

Dubai's productivity is frequently correlated with the strength of its business networks. Forming strategic alliances with other companies, domestically and abroad, can lead to new markets, resources, and economic prospects. Using networking sites, joining business councils, and taking part in industry events are all crucial tactics for building deep relationships that support company expansion and productivity.

Invest in Employee Development:

The abilities and drive of a company's personnel are fundamental to its success. Productivity is increased when training programs, skill-building projects, and a supportive work environment are invested in employee development. The varied workforce in Dubai values organizations that place a high priority on professional development since it increases employee happiness and, as a result, productivity.

Flexibility and Quickness:

Dubai's business environment is dynamic, with laws and market trends changing quickly. Businesses that exhibit agility and adaptability will be better able to handle these developments. This entails keeping up with industry trends, attending to consumer requests promptly, and having a flexible business plan that can be modified in response to new possibilities or difficulties.

In the context of a Dubai company structure, "productivity" refers to more than just traditional measures. It encompasses a comprehensive strategy that includes networking, personnel development, global viewpoint, technical innovation, strategic geographical benefits, and flexibility. Businesses that use these tactics can prosper in a cutthroat international market in addition to gaining a firm footing in Dubai. Dubai's appeal as a business location is derived not only from its infrastructure but also from its capacity to boost productivity for companies that take advantage of its special ecosystem. Dubai can be so dependable in setting up a business in Dubai with the right guidence and proper structure form business setup consultants in Dubai can be really easy to setup business in Dubai.

[andrioddeveloperscommunity]

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[cathkaesque]

Relentless direct action has secured another victory in the fight against Israel’s arms trade, as Elbit Systems are forced to sell their ‘Elite KL’ factory in Tamworth.

The company had previously manufactured cooling and power management systems for military vehicles, but was sold on after stating that it faced falling profits and increased security costs resulting from Palestine Action’s efforts. 

After the sale was completed last month, Elite KL’s new owners, listed as Griffin Newco Ltd, confirmed in an email to Palestine Action that they will have nothing to do with the previous owners, Elbit, and have discontinued any arms manufacturing:

“Following the recent acquisition of Elite KL Limited by a UK investment syndicate, the newly appointed board has unanimously agreed to withdraw from all future defence contracts and terminate its association with its former parent company”.

This victory is a direct result of sustained direct action which has sought, throughout Palestine Action’s existence, to make it impossible for Elbit to afford to operate in Britain. Before they sold the enterprise to a private equity syndicate, Elbit had reported that Elite KL operating profits had been slashed by over three-quarters, with Palestine Action responsible: Elbit directly cited the increased expenditure on security they’d been forced to make, and higher supply chain costs they faced.

And these actions did, indeed, cost them. The first action at the site, in November 2020, saw Elite KL’s premises smashed into, the building covered in blood-red paint. Between March and July 2021, the site was put out of action three times by roof-top occupations – drenched red in March 2021, with the factory’s camera systems dismantled, before again being occupied in in May. Another roof-top occupation in July, despite increased security, saw the site forced closed – once again painted blood-red, and with its windows and fixings smashed through.

In February 2022, activists decommissioned the site for weeks – closed off after an occupation that saw over £250,000 of damages caused, the roof tiles removed one-by-one. After this, Elbit erected a security perimeter around the site – but to no avail. One month later, six were arrested after Palestine Action returned to Tamworth – again taking the roof and smashing through, preventing the production of parts for Israel’s military machine.

Elite KL is a ‘specialist thermal management business’. Since the sale, the company focuses on cooling systems for buses and trains, but it had, under Elbit, manufactured these systems for military vehicles. Until December of last year, Elite KL’s website was advertising its military and defence products, and it was known to provide parts for Israel’s deadly Merkava tanks, with export license records demonstrating its provision of ‘ML6a’ components for military ground vehicles to Israel. The company was also known to manufacture crew cooling systems, for the military vests of tank operators.

Elbit Systems itself provides 85% of the drones and land-based military equipment for the Israeli military, along with a wide range of the munitions and armaments currently being used against Gaza’s beseiged population. Its CEO, Bazhalel Machlis, has claimed that the Israeli military has offered the company its thanks for their “crucial” services during the ongoing genocide in Gaza

A Palestine Action spokesperson has stated:

“Each activist who occupied and dismantled Tamworth’s Israeli weapons factory did so in order to bring an end to Israel’s weapons trade, and to end the profiteering from Palestinian repression. Every defeat Elbit faces is a victory for the Palestinian people.

Kicking Elbit out of Tamworth shows once again that direct action is a necessary tactic. It is one which must be utilised and amplified in the face of the Gaza genocide.”

[southsouthcooperationday]

The elimination of Non-Tarriff Barriers Mechanism (NTBs).

The elimination of NTBs is critical to boosting intra-Africa trade and achieving the objectives of the AfCFTA. It will reduce the costs of trading across borders and ease cross-border movement of goods. The bulk of the AfCFTA benefits will be realised if State Parties efficiently manage and eliminate NTBs. The Protocol on Trade in Goods establishes a reporting, monitoring, and elimination mechanism where traders can file a complaint on a specific trade obstacle they have encountered during the process of moving goods and services across borders.

[exhibitionboothdesigncompany]

Elevate Your Trade Show Presence: Trade Show Booth Rental Cost and Exhibits Company

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At Local Exhibits Company, they understand that each business has unique requirements and budget constraints. Therefore, they offer trade show booth rentals at varying price points to accommodate different needs. From small and cost-effective options to larger and more elaborate setups, LocalExhibits ensures that businesses can find a booth that aligns with their budget and goals. Their transparent pricing and customizable solutions enable businesses to maximize their return on investment while creating a visually stunning and engaging booth.

LocalExhibits takes pride in providing high-quality exhibits and designs that reflect the brand identity and messaging of each client. Their experienced team collaborates closely with businesses to understand their objectives, helping them create a booth that captures attention and effectively communicates their products or services. From booth layout and graphics to lighting and interactive elements, LocalExhibits ensures that every detail is carefully considered to create an impactful and visually appealing exhibit.

In addition to trade show booth rental cost, LocalExhibits offers comprehensive exhibit services, including logistics, installation, and dismantling. Their dedicated team handles the entire process, alleviating the stress and allowing businesses to focus on their core objectives. With LocalExhibits as your partner, you can confidently navigate trade shows, knowing that your booth will be expertly managed and executed.

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[exeggcute]

the great reddit API meltdown of '23, or: this was always bound to happen

there's a lot of press about what's going on with reddit right now (app shutdowns, subreddit blackouts, the CEO continually putting his foot in his mouth), but I haven't seen as much stuff talking about how reddit got into this situation to begin with. so as a certified non-expert and Context Enjoyer I thought it might be helpful to lay things out as I understand them—a high-level view, surveying the whole landscape—in the wonderful world of startups, IPOs, and extremely angry users.

disclaimer that I am not a founder or VC (lmao), have yet to work at a company with a successful IPO, and am not a reddit employee or third-party reddit developer or even a subreddit moderator. I do work at a startup, know my way around an API or two, and have spent twelve regrettable years on reddit itself. which is to say that I make no promises of infallibility, but I hope you'll at least find all this interesting.

profit now or profit later

before you can really get into reddit as reddit, it helps to know a bit about startups (of which reddit is one). and before I launch into that, let me share my Three Types Of Websites framework, which is basically just a mental model about financial incentives that's helped me contextualize some of this stuff.

(1) website/software that does not exist to make money: relatively rare, for a variety of reasons, among them that it costs money to build and maintain a website in the first place. wikipedia is the evergreen example, although even wikipedia's been subject to criticism for how the wikimedia foundation pays out its employees and all that fun nonprofit stuff. what's important here is that even when making money is not the goal, money itself is still a factor, whether it's solicited via donations or it's just one guy paying out of pocket to host a hobby site. but websites in this category do, generally, offer free, no-strings-attached experiences to their users.

(I do want push back against the retrospective nostalgia of "everything on the internet used to be this way" because I don't think that was ever really true—look at AOL, the dotcom boom, the rise of banner ads. I distinctly remember that neopets had multiple corporate sponsors, including a cookie crisp-themed flash game. yahoo bought geocities for $3.6 billion; money's always been trading hands, obvious or not. it's indisputable that the internet is simply different now than it was ten or twenty years ago, and that monetization models themselves have largely changed as well (I have thoughts about this as it relates to web 1.0 vs web 2.0 and their associated costs/scale/etc.), but I think the only time people weren't trying to squeeze the internet for all the dimes it can offer was when the internet was first conceived as a tool for national defense.)

(2) website/software that exists to make money now: the type that requires the least explanation. mostly non-startup apps and services, including any random ecommerce storefront, mobile apps that cost three bucks to download, an MMO with a recurring subscription, or even a news website that runs banner ads and/or offers paid subscriptions. in most (but not all) cases, the "make money now" part is obvious, so these things don't feel free to us as users, even to the extent that they might have watered-down free versions or limited access free trials. no one's shocked when WoW offers another paid expansion packs because WoW's been around for two decades and has explicitly been trying to make money that whole time.

(3) website/software that exists to make money later: this is the fun one, and more common than you'd think. "make money later" is more or less the entire startup business model—I'll get into that in the next section—and is deployed with the expectation that you will make money at some point, but not always by means as obvious as "selling WoW expansions for forty bucks a pop."

companies in this category tend to have two closely entwined characteristics: they prioritize growth above all else, regardless of whether this growth is profitable in any way (now, or sometimes, ever), and they do this by offering users really cool and awesome shit at little to no cost (or, if not for free, then at least at a significant loss to the company).

so from a user perspective, these things either seem free or far cheaper than their competitors. but of course websites and software and apps and [blank]-as-a-service tools cost money to build and maintain, and that money has to come from somewhere, and the people supplying that money, generally, expect to get it back...

just not immediately.

startups, VCs, IPOs, and you

here's the extremely condensed "did NOT go to harvard business school" version of how a startup works:

(1) you have a cool idea.

(2) you convince some venture capitalists (also known as VCs) that your idea is cool. if they see the potential in what you're pitching, they'll give you money in exchange for partial ownership of your company—which means that if/when the company starts trading its stock publicly, these investors will own X numbers of shares that they can sell at any time. in other words, you get free money now (and you'll likely seek multiple "rounds" of investors over the years to sustain your company), but with the explicit expectations that these investors will get their payoff later, assuming you don't crash and burn before that happens.

during this phase, you want to do anything in your power to make your company appealing to investors so you can attract more of them and raise funds as needed. because you are definitely not bringing in the necessary revenue to offset operating costs by yourself.

it's also worth nothing that this is less about projecting the long-term profitability of your company than it's about its perceived profitability—i.e., VCs want to put their money behind a company that other people will also have confidence in, because that's what makes stock valuable, and VCs are in it for stock prices.

(3) there are two non-exclusive win conditions for your startup: you can get acquired, and you can have an IPO (also referred to as "going public"). these are often called "exit scenarios" and they benefit VCs and founders, as well as some employees. it's also possible for a company to get acquired, possibly even more than once, and then later go public.

acquisition: sell the whole damn thing to someone else. there are a million ways this can happen, some better than others, but in many cases this means anyone with ownership of the company (which includes both investors and employees who hold stock options) get their stock bought out by the acquiring company and end up with cash in hand. in varying amounts, of course. sometimes the founders walk away, sometimes the employees get laid off, but not always.

IPO: short for "initial public offering," this is when the company starts trading its stocks publicly, which means anyone who wants to can start buying that company's stock, which really means that VCs (and employees with stock options) can turn that hypothetical money into real money by selling their company stock to interested buyers.

drawing from that, companies don't go for an IPO until they think their stock will actually be worth something (or else what's the point?)—specifically, worth more than the amount of money that investors poured into it. The Powers That Be will speculate about a company's IPO potential way ahead of time, which is where you'll hear stuff about companies who have an estimated IPO evaluation of (to pull a completely random example) $10B. actually I lied, that was not a random example, that was reddit's valuation back in 2021 lol. but a valuation is basically just "how much will people be interested in our stock?"

as such, in the time leading up to an IPO, it's really really important to do everything you can to make your company seem like a good investment (which is how you get stock prices up), usually by making the company's numbers look good. but! if you plan on cashing out, the long-term effects of your decisions aren't top of mind here. remember, the industry lingo is "exit scenario."

if all of this seems like a good short-term strategy for companies and their VCs, but an unsustainable model for anyone who's buying those stocks during the IPO, that's because it often is.

also worth noting that it's possible for a company to be technically unprofitable as a business (meaning their costs outstrip their revenue) and still trade enormously well on the stock market; uber is the perennial example of this. to the people who make money solely off of buying and selling stock, it literally does not matter that the actual rideshare model isn't netting any income—people think the stock is valuable, so it's valuable.

this is also why, for example, elon musk is richer than god: if he were only the CEO of tesla, the money he'd make from selling mediocre cars would be (comparatively, lol) minimal. but he's also one of tesla's angel investors, which means he holds a shitload of tesla stock, and tesla's stock has performed well since their IPO a decade ago (despite recent dips)—even if tesla itself has never been a huge moneymaker, public faith in the company's eventual success has kept them trading at high levels. granted, this also means most of musk's wealth is hypothetical and not liquid; if TSLA dropped to nothing, so would the value of all the stock he holds (and his net work with it).

what's an API, anyway?

to move in an entirely different direction: we can't get into reddit's API debacle without understanding what an API itself is.

an API (short for "application programming interface," not that it really matters) is a series of code instructions that independent developers can use to plug their shit into someone else's shit. like a series of tin cans on strings between two kids' treehouses, but for sending and receiving data.

APIs work by yoinking data directly from a company's servers instead of displaying anything visually to users. so I could use reddit's API to build my own app that takes the day's top r/AITA post and transcribes it into pig latin: my app is a bunch of lines of code, and some of those lines of code fetch data from reddit (and then transcribe that data into pig latin), and then my app displays the content to anyone who wants to see it, not reddit itself. as far as reddit is concerned, no additional human beings laid eyeballs on that r/AITA post, and reddit never had a chance to serve ads alongside the pig-latinized content in my app. (put a pin in this part—it'll be relevant later.)

but at its core, an API is really a type of protocol, which encompasses a broad category of formats and business models and so on. some APIs are completely free to use, like how anyone can build a discord bot (but you still have to host it yourself). some companies offer free APIs to third-party developers can build their own plugins, and then the company and the third-party dev split the profit on those plugins. some APIs have a free tier for hobbyists and a paid tier for big professional projects (like every weather API ever, lol). some APIs are strictly paid services because the API itself is the company's core offering.

reddit's financial foundations

okay thanks for sticking with me. I promise we're almost ready to be almost ready to talk about the current backlash.

reddit has always been a startup's startup from day one: its founders created the site after attending a startup incubator (which is basically a summer camp run by VCs) with the successful goal of creating a financially successful site. backed by that delicious y combinator money, reddit got acquired by conde nast only a year or two after its creation, which netted its founders a couple million each. this was back in like, 2006 by the way. in the time since that acquisition, reddit's gone through a bunch of additional funding rounds, including from big-name investors like a16z, peter thiel (yes, that guy), sam altman (yes, also that guy), sequoia, fidelity, and tencent. crunchbase says that they've raised a total of $1.3B in investor backing.

in all this time, reddit has never been a public company, or, strictly speaking, profitable.

APIs and third-party apps

reddit has offered free API access for basically as long as it's had a public API—remember, as a "make money later" company, their primary goal is growth, which means attracting as many users as possible to the platform. so letting anyone build an app or widget is (or really, was) in line with that goal.

as such, third-party reddit apps have been around forever. by third-party apps, I mean apps that use the reddit API to display actual reddit content in an unofficial wrapper. iirc reddit didn't even have an official mobile app until semi-recently, so many of these third-party mobile apps in particular just sprung up to meet an unmet need, and they've kept a small but dedicated userbase ever since. some people also prefer the user experience of the unofficial apps, especially since they offer extra settings to customize what you're seeing and few to no ads (and any ads these apps do display are to the benefit of the third-party developers, not reddit itself.)

(let me add this preemptively: one solution I've seen proposed to the paid API backlash is that reddit should have third-party developers display reddit's ads in those third-party apps, but this isn't really possible or advisable due to boring adtech reasons I won't inflict on you here. source: just trust me bro)

in addition to mobile apps, there are also third-party tools that don’t replace the Official Reddit Viewing Experience but do offer auxiliary features like being able to mass-delete your post history, tools that make the site more accessible to people who use screen readers, and tools that help moderators of subreddits moderate more easily. not to mention a small army of reddit bots like u/AutoWikibot or u/RemindMebot (and then the bots that tally the number of people who reply to bot comments with “good bot” or “bad bot).

the number of people who use third-party apps is relatively small, but they arguably comprise some of reddit’s most dedicated users, which means that third-party apps are important to the people who keep reddit running and the people who supply reddit with high-quality content.

unpaid moderators and user-generated content

so reddit is sort of two things: reddit is a platform, but it’s also a community.

the platform is all the unsexy (or, if you like python, sexy) stuff under the hood that actually makes the damn thing work. this is what the company spends money building and maintaining and "owns." the community is all the stuff that happens on the platform: posts, people, petty squabbles. so the platform is where the content lives, but ultimately the content is the reason people use reddit—no one’s like “yeah, I spend time on here because the backend framework really impressed me."

and all of this content is supplied by users, which is not unique among social media platforms, but the content is also managed by users, which is. paid employees do not govern subreddits; unpaid volunteers do. and moderation is the only thing that keeps reddit even remotely tolerable—without someone to remove spam, ban annoying users, and (god willing) enforce rules against abuse and hate speech, a subreddit loses its appeal and therefore its users. not dissimilar to the situation we’re seeing play out at twitter, except at twitter it was the loss of paid moderators;  reddit is arguably in a more precarious position because they could lose this unpaid labor at any moment, and as an already-unprofitable company they absolutely cannot afford to implement paid labor as a substitute.

oh yeah? spell "IPO" backwards

so here we are, June 2023, and reddit is licking its lips in anticipation of a long-fabled IPO. which means it’s time to start fluffing themselves up for investors by cutting costs (yay, layoffs!) and seeking new avenues of profit, however small.

this brings us to the current controversy: reddit announced a new API pricing plan that more or less prevents anyone from using it for free.

from reddit's perspective, the ostensible benefits of charging for API access are twofold: first, there's direct profit to be made off of the developers who (may or may not) pay several thousand dollars a month to use it, and second, cutting off unsanctioned third-party mobile apps (possibly) funnels those apps' users back into the official reddit mobile app. and since users on third-party apps reap the benefit of reddit's site architecture (and hosting, and development, and all the other expenses the site itself incurs) without “earning” money for reddit by generating ad impressions, there’s a financial incentive at work here: even if only a small percentage of people use third-party apps, getting them to use the official app instead translates to increased ad revenue, however marginal.

(also worth mentioning that chatGPT and other LLMs were trained via tools that used reddit's API to scrape post and content data, and now that openAI is reaping the profits of that training without giving reddit any kickbacks, reddit probably wants to prevent repeats of this from happening in the future. if you want to train the next LLM, it's gonna cost you.)

of course, these changes only benefit reddit if they actually increase the company’s revenue and perceived value/growth—which is hard to do when your users (who are also the people who supply the content for other users to engage with, who are also the people who moderate your communities and make them fun to participate in) get really fucking pissed and threaten to walk.

pricing shenanigans

under the new API pricing plan, third-party developers are suddenly facing steep costs to maintain the apps and tools they’ve built.

most paid APIs are priced by volume: basically, the more data you send and receive, the more money it costs. so if your third-party app has a lot of users, you’ll have to make more API requests to fetch content for those users, and your app becomes more expensive to maintain. (this isn’t an issue if the tool you’re building also turns a profit, but most third-party reddit apps make little, if any, money.)

which is why, even though third-party apps capture a relatively small portion of reddit’s users, the developer of a popular third-party app called apollo recently learned that it would cost them about $20 million a year to keep the app running. and apollo actually offers some paid features (for extra in-app features independent of what reddit offers), but nowhere near enough to break even on those API costs.

so apollo, any many apps like it, were suddenly unable to keep their doors open under the new API pricing model and announced that they'd be forced to shut down.

backlash, blackout

plenty has been said already about the current subreddit blackouts—in like, official news outlets and everything—so this might be the least interesting section of my whole post lol. the short version is that enough redditors got pissed enough that they collectively decided to take subreddits “offline” in protest, either by making them read-only or making them completely inaccessible. their goal was to send a message, and that message was "if you piss us off and we bail, here's what reddit's gonna be like: a ghost town."

but, you may ask, if third-party apps only captured a small number of users in the first place, how was the backlash strong enough to result in a near-sitewide blackout? well, two reasons:

first and foremost, since moderators in particular are fond of third-party tools, and since moderators wield outsized power (as both the people who keep your site more or less civil, and as the people who can take a subreddit offline if they feel like it), it’s in your best interests to keep them happy. especially since they don’t get paid to do this job in the first place, won’t keep doing it if it gets too hard, and essentially have nothing to lose by stepping down.

then, to a lesser extent, the non-moderator users on third-party apps tend to be Power Users who’ve been on reddit since its inception, and as such likely supply a disproportionate amount of the high-quality content for other users to see (and for ads to be served alongside). if you drive away those users, you’re effectively kneecapping your overall site traffic (which is bad for Growth) and reducing the number/value of any ad impressions you can serve (which is bad for revenue).

also a secret third reason, which is that even people who use the official apps have no stake in a potential IPO, can smell the general unfairness of this whole situation, and would enjoy the schadenfreude of investors getting fucked over. not to mention that reddit’s current CEO has made a complete ass of himself and now everyone hates him and wants to see him suffer personally.

(granted, it seems like reddit may acquiesce slightly and grant free API access to a select set of moderation/accessibility tools, but at this point it comes across as an empty gesture.)

"later" is now "now"

TL;DR: this whole thing is a combination of many factors, specifically reddit being intensely user-driven and self-governed, but also a high-traffic site that costs a lot of money to run (why they willingly decided to start hosting video a few years back is beyond me...), while also being angled as a public stock market offering in the very near future. to some extent I understand why reddit’s CEO doubled down on the changes—he wants to look strong for investors—but he’s also made a fool of himself and cast a shadow of uncertainty onto reddit’s future, not to mention the PR nightmare surrounding all of this. and since arguably the most important thing in an IPO is how much faith people have in your company, I honestly think reddit would’ve fared better if they hadn’t gone nuclear with the API changes in the first place.

that said, I also think it’s a mistake to assume that reddit care (or needs to care) about its users in any meaningful way, or at least not as more than means to an end. if reddit shuts down in three years, but all of the people sitting on stock options right now cashed out at $120/share and escaped unscathed... that’s a success story! you got your money! VCs want to recoup their investment—they don’t care about longevity (at least not after they’re gone), user experience, or even sustained profit. those were never the forces driving them, because these were never the ultimate metrics of their success.

and to be clear: this isn’t unique to reddit. this is how pretty much all startups operate.

I talked about the difference between “make money now” companies and “make money later” companies, and what we’re experiencing is the painful transition from “later” to “now.” as users, this change is almost invisible until it’s already happened—it’s like a rug we didn’t even know existed gets pulled out from under us.

the pre-IPO honeymoon phase is awesome as a user, because companies have no expectation of profit, only growth. if you can rely on VC money to stay afloat, your only concern is building a user base, not squeezing a profit out of them. and to do that, you offer cool shit at a loss: everything’s chocolate and flowers and quarterly reports about the number of signups you’re getting!

...until you reach a critical mass of users, VCs want to cash in, and to prepare for that IPO leadership starts thinking of ways to make the website (appear) profitable and implements a bunch of shit that makes users go “wait, what?”

I also touched on this earlier, but I want to reiterate a bit here: I think the myth of the benign non-monetized internet of yore is exactly that—a myth. what has changed are the specific market factors behind these websites, and their scale, and the means by which they attempt to monetize their services and/or make their services look attractive to investors, and so from a user perspective things feel worse because the specific ways we’re getting squeezed have evolved. maybe they are even worse, at least in the ways that matter. but I’m also increasingly less surprised when this occurs, because making money is and has always been the goal for all of these ventures, regardless of how they try to do so.

[johnypage95]

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[reasonsforhope]

"Millions of Australians just got official permission to ignore their bosses outside of working hours, thanks to a new law enshrining their "right to disconnect."

The law doesn't strictly prohibit employers from calling or messaging their workers after hours. But it does protect employees who "refuse to monitor, read or respond to contact or attempted contact outside their working hours, unless their refusal is unreasonable," according to the Fair Work Commission, Australia's workplace relations tribunal.

That includes outreach from their employer, as well as other people "if the contact or attempted contact is work-related."

The law, which passed in February, took effect on Monday [August 26, 2024] for most workers and will apply to small businesses of fewer than 15 people starting in August 2025. It adds Australia to a growing list of countries aiming to protect workers' free time.

"It's really about trying to bring back some work-life balance and make sure that people aren't racking up hours of unpaid overtime for checking emails and responding to things at a time when they're not being paid," said Sen. Murray Watt, Australia's minister for employment and workplace relations.

The law doesn't give employees a complete pass, however...

"If it was an emergency situation, of course people would expect an employee to respond to something like that," Watt said. "But if it's a run-of-the-mill thing … then they should wait till the next work day, so that people can actually enjoy their private lives, enjoy time with their family and their friends, play sport or whatever they want to do after hours, without feeling like they're chained to the desk at a time when they're not actually being paid, because that's just not fair."

Protections aim to address erosion of work-life balance

The law's supporters hope it will help solidify the boundary between the personal and the professional, which has become increasingly blurry with the rise of remote work since the COVID-19 pandemic.

A 2022 survey by the Centre for Future Work at the Australia Institute, a public policy think tank, found that seven out of 10 Australians performed work outside of scheduled working hours, with many reporting experiencing physical tiredness, stress and anxiety as a result.

The following year, the institute reported that Australians clocked an average of 281 hours of unpaid overtime in 2023. Valuing that labor at average wage rates, it estimated the average worker is losing the equivalent of nearly $7,500 U.S. dollars each year.

"This is particularly concerning when worker's share of national income remains at a historically low level, wage growth is not keeping up with inflation, and the cost of living is rising," it added.

The Australian Council of Trade Unions hailed the new law as a "cost-of-living win for working people," especially those in industries like teaching, community services and administrative work.

The right to disconnect, it said, will not only cut down on Australians' unpaid work hours but also address the "growing crisis of increasing mental health illness and injuries in modern workplaces."

"More money in your pocket, more time with your loved ones and more freedom to live your life — that's what the right to disconnect is all about," ACTU President Michele O’Neil said in a statement.

The 2022 Australia Institute survey... found broad support for a right to disconnect.

Only 9% of respondents said such a policy would not positively affect their lives. And the rest cited a slew of positive effects, from having more social and family time to improved mental health and job satisfaction. Thirty percent of respondents said it would enable them to be more productive during work hours.

Eurofound, the European Union agency for the improvement of living and working conditions, said in a 2023 study that workers at companies with a right to disconnect policy reported better work-life balance than those without — 92% versus 80%."

-via GoodGoodGood, August 26, 2024

[akashzipaworld]

The Advancement of Ocean Freight Forwarding

The Advancement of Ocean Freight Forwarding" has undergone substantial transformation over the years. From traditional methods reliant on paper documentation and manual processes, the industry has shifted towards sophisticated, technology-driven solutions. Leading the charge in this evolution are companies like Zipaworld, which integrate state-of-the-art technologies to optimize every aspect of the shipping process. These advancements include robust real-time tracking systems that provide unprecedented visibility into cargo movements, automated documentation procedures that streamline paperwork and reduce errors, and advanced analytics for optimizing route planning and cost-efficiency. In today's globalized economy, efficient ocean freight forwarding is crucial for businesses seeking to navigate complex supply chains and meet customer demands. Modern ocean freight forwarders not only facilitate the smooth transportation of goods across international waters but also play a pivotal role in enhancing supply chain resilience and responsiveness. By embracing innovation and leveraging digital tools, companies like Zipaworld continue to redefine standards in the industry, ensuring reliable and timely delivery of goods while driving efficiency and competitiveness in global trade.

[twisted-broth]

Any of the boys you want do a challenge where (they aren't dating yet) but they are at a fair and they win a bear or a prize and s/o gives them a kiss on the cheek for how many they win and s/o says if they win 10 or more they will give them a kiss on the lips and spend a week together with just them (maybe show like if some did get the kiss and how they would react?) I thought this was cute lol

This has been sitting in my drafts for like a year so I just figured I would post the parts of it that were done.

Leave it to Crowley and Grim to get you into this situation. “Every dorm has to have a booth at the fair, prefect! Maybe you’ll even earn enough money to make some renovations to that shoddy old place!”

Crowley failed to take into consideration how making a carnival attraction costs money to be any good. Any cafe service would need more money and supplies than you could afford, a show would need more than two people, and a game would need prizes.

Grim is not one for bright ideas, but it would seem there was no other solution that wouldn’t cost all your food money for the month. So this is what it came to.

“Knock down all the pins and win a kiss on the cheek from Ramshackle’s prefect! Hit all three targets and he’ll give you a kiss on the lips!!!!”

It was probably in your top five most embarrassing moments of your life as your cat basically prostituted you at the top of his lungs. Surely no one would actually be enticed by a prize like that, right?

Trey

"You always manage to find a way to keep things interesting, don't you? For once I'm glad to be at a school mandated event."

Feels bad. Plays anyway.

No hard feelings, right?

He tells you that you have nothing to worry about, he's really a lousy shot anyway (as if he's not the best spelldrive player on Heartslabyul)

He easily knocks down the first two stacks, but misses the third

Maybe he missed, maybe he found it in his heart to show you mercy

He not-so-subtly implies that he's sure he could find a different way to win the "grand prize"

Despite his big talk, he still has a noticeable blush when you give him a kiss on the cheek

He would also keep an eye on your booth for the rest of the day to make sure not too many people are winning

For your sake, of course

Jade

“It would seem you’ve found yourself in quite the situation there, prefect. Please find it in your heart to forgive me if I take advantage.”

This is the funniest shit Jade has ever seen

How stupid do you honestly have to be to get yourself into this predicament?

Of course he’s playing the game. The scowl on your face when he trades in his tickets to Grim for three baseballs fills him with unbridled delight

His aim is a little wonky and you sigh in relief when his first three balls miss the target

He feigns disappointment before handing over another few tickets to the cat and grabbing the balls again

Of course he was hustling you. He let you think that even for a second you would be safe from this menace. For shame

Each ball is thrown with such force that pins from the first stack fly into the other stacks, easily ensuring that Jade clears the game with ease

He calls it beginners luck. Asshole.

Has the biggest shit eating grin on his face as he leans down to your face to claim his prize

Rook

"Mon amour, what a dastardly situation you've been resigned to! Not to worry sweet dame, I shall save you from the beasts at your heels!"

You knew you were in trouble the minute Rook’s gaze happened to fall on your stall

His eyes narrow and he smirks as he makes his way over to the stall

He's visibly holding back his excitement as he trades his tickets in to Grim

His idea of "saving you" is to hog the game- and the prize- for himself

He hits every stack with effortless accuracy, game after game

The second all three stacks have been knocked down, he prances over to you and leans down for his kiss. You can practically see the flower emojis radiating off his satisfied smile

This will continue until Grim gets fed up with him scaring away customers, or Vil comes to drag him away

You got so used to kissing him that you almost do it again the next time he leans down to talk to you

[happensss]

Beautyworld Middle East 2023: A Boon for Dubai’s Beauty Business Setup

Dubai, a city renowned for its extravagance and progressive business climate, will play home to Beautyworld Middle East 2023, an important occasion that is expected to revolutionize the beauty sector in the area. This yearly event, which is set to take place at the Dubai World Trade Center, is a fantastic chance for individuals wishing to launch or grow their beauty enterprises in this thriving industry as well as a symbol of the city's dedication to encouraging entrepreneurship.

Dubai is the ideal location for this kind of event because of its global appeal and reputation as a center of luxury and lifestyle. Professionals in the field, ranging from owners of beauty salons to producers of skincare products, can network and learn about the newest developments in the beauty business at Beautyworld Middle East. The focus of this year's edition is on sustainability, resilience, and adaptability—three important aspects of the post-pandemic beautiful landscape—which should make it more influential than previous.

The exposure to regional and international trends that Beautyworld Middle East offers is one of the main benefits of participating. This event provides an exceptional opportunity for networking and collaboration, as exhibitors and participants from all around the world come together. Dubai's beauty entrepreneurs may remain ahead of the curve and set themselves up for success by learning about customer preferences, sustainable practices, and innovative beauty technologies.

Furthermore, there are other exhibits outside product displays. A wide variety of seminars, workshops, and panel discussions with professionals from the business are included. These seminars address a wide range of subjects, including marketing tactics designed specifically for Middle Eastern consumers and the most recent developments in skincare and cosmetic procedures. Attendees can use this abundance of knowledge to improve client experiences, hone their company strategy, and adjust to the changing needs of the market.

Beautyworld Middle East provides a useful jumping off point for anybody thinking about setting up a beauty business in Dubai. The occasion offers an unrivaled chance to highlight goods and services and draws in possible partners, investors, and customers.

Dubai's advantageous location and business-friendly rules have made it a popular destination for foreign companies looking to grow into the Middle East. Beautyworld Middle East draws beauty experts from all across the region as well as from Europe, Asia, and beyond, perfectly aligning with the city's aim to become a worldwide commercial hub. This worldwide presence fosters innovation and adds a global perspective to the local beautiful terrain, creating an atmosphere that is ideal for cross-cultural exchanges.

Beautyworld Middle East contributes significantly to improving the standards of the Dubai beauty sector in addition to its financial gains. The show serves as a catalyst for growth and development by introducing regional companies to cutting edge technologies, global best practices, and environmentally friendly solutions.

Beautyworld Middle East 2023 is anticipated to be a game-changer for the structure of the beauty industry in Dubai. This exhibition captures the spirit of Dubai's vibrant and dynamic beauty sector, offering a range of services from a platform for networking and education to commercial prospects and international visibility. Participating in such events becomes not only advantageous but also necessary for businesses hoping to thrive in the constantly changing world of beauty, as the landscape of beauty continues to change. it's easy to setup up a beauty business by consulting a business setup consultants in Dubai.