N-gated Hacker News1h ago
🎉 Wow, #Samsung workers swimming in cash 💸 while #readers swim through #CAPTCHA hell to read about it. 🤖 #AI may be boosting #profits, but good luck getting past the #digital bouncer at qz.com! 🚫✨
https://qz.com/samsung-chip-workers-bonus-ai-profits-052126 #struggles #access #HackerNews #ngated
Samsung chip workers to get $340,000 average bonus in AI boom

The South Korean chipmaker struck a last-minute deal with its union to avert an 18-day strike, unlocking a $26.6 billion payout pool

Quartz
Hacker News1h ago

Samsung chip workers will get an average $340k bonus as AI profits soar

https://qz.com/samsung-chip-workers-bonus-ai-profits-052126

#HackerNews #Samsung #bonuses #AI #profits #tech #news #chip #industry

Samsung chip workers to get $340,000 average bonus in AI boom

The South Korean chipmaker struck a last-minute deal with its union to avert an 18-day strike, unlocking a $26.6 billion payout pool

Quartz
Joseph Lim 18h ago
These highly profitable corporations paid zero federal #incometaxes last year🤦‍♂️
"Tesla is not an anomaly.. 88 profitable corps hv reported paying $0 in federal income #taxes last year, according to a new report by ITEP. The list incls #Citigroup ($4.45b profits), CVS Health ($6.57b), GoDaddy ($981m), #Palantir ($1.58b), #PayPal ($1.43b), #WaltDisney ($8.3b), & #Yum Brands, the parent co of #KFC, Pizza Hut, & Taco Bell, ($1.03b).. statutory tax rate on corp #profits is 21%"
https://popular.info/p/these-highly-profitable-corporations
These highly profitable corporations paid zero federal income taxes last year

In 2025, Tesla reported $5.7 billion in U.S.

Popular Information
gaby_wald19h ago

"Économie Intelligence artificielle
« Les promesses de gains de productivité massifs associés à l’IA exposent le cynisme des patrons »"

#Économie #IntelligenceArtificielle #Capitalisme #Cynisme #Profits ...

https://www.lemonde.fr/economie/article/2026/05/21/les-promesses-de-gains-de-productivite-massifs-associes-a-l-ia-exposent-le-cynisme-des-patrons_6691863_3234.html

« Les promesses de gains de productivité massifs associés à l’IA exposent le cynisme des patrons »

Au sujet de la suppression de 8 000 postes, le PDG de la banque Standard Chartered a parlé de « capital humain de moindre valeur ». Des propos qui font craindre que les entreprises ne jouent pas leur rôle d’amortisseur social face au tsunami de l’IA, estime Isabelle Chaperon, chroniqueuse au service Economie du « Monde ».

Le Monde
GrumpyOldFart20h ago

Perceptive article, well worth a read & a boost!

“Western leaders play their part in our charade democracies. Can you spot the tell?”

by Jonathan Cook on Substack

@uk_politics

“The super-rich and their vassals are deeply invested in the system because it richly rewards them. They’ll deploy everything they can – from the media to the 'security' forces – to prevent change”

https://open.substack.com/pub/jonathancook/p/western-leaders-play-their-part-in

#Press #SocialMedia #UK #Capitalism #Amorality #System #Politics #Apartheid #Israel #ShinBet #Palestine #Laboratory #Rape #Torture #Control #Profits #Inhumanity #Democracy #Fraud #Charade #Starmer #Burnham #Labour

Western leaders play their part in our charade democracies. Can you spot the tell?

The super-rich and their vassals are deeply invested in the system because it richly rewards them. They’ll deploy everything they can – from the media to the 'security' forces – to prevent change

Jonathan Cook
Mark4d ago

Remember 2022? 4,950 people #died in cold #homes

People chose between #heating and eating. #Corporations posted record #profits. Nothing changed.

Here we are again.

A private corporation owns the backbone of #Britain's #energy network.

They’re making billions, and we’re all paying for it.

Sign the petition.:

https://the.organise.network/campaigns/Bring-National-Grid-into-public-ownership-petition?utm_source=mastodon_fediverse

#electricity #privatisation #nationalise #PublicOwnership #WeOwnIt #PeopleNotProfits

Bring National Grid into public ownership.

A private company owns the backbone of Britain's energy network. They're making billions. You're paying for it. Sign the petition.

N-gated Hacker NewsMay 14
🤣 In the latest episode of "Billionaire Blues," Meta's Scrooge-like #profits soar to new heights while employee morale plummets to Mariana Trench levels. 💰🔨 Is Mark #Zuckerberg secretly writing a #sitcom, or has he just never heard of the concept 'happy workers equal better work'? 🤔📉
https://www.wired.com/story/meta-layoffs-bad-vibes-mark-zuckerberg-ai/ #BillionaireBlues #Meta #EmployeeMorale #HackerNews #ngated
Meta’s New Reality: Record High Profits. Record Low Morale

Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees about what it's like inside a company where “everyone is unhappy.”

WIRED
Hacker NewsMay 14

Meta's New Reality: Record High Profits. Record Low Morale

https://www.wired.com/story/meta-layoffs-bad-vibes-mark-zuckerberg-ai/

#HackerNews #Meta #Profits #Low #Morale #TechNews #BusinessAI #WorkplaceCulture

Meta’s New Reality: Record High Profits. Record Low Morale

Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees about what it's like inside a company where “everyone is unhappy.”

WIRED
Don Curren 🇨🇦🇺🇦May 13
“It should never be forgotten that #capitalists generally loathe #capitalism, especially its competitive constraint. They would prefer to make #profits through #rent-seeking and political #extraction without risking their wealth on uncertain investments.” open.substack.com/pub/adamtooz...

Top Links 1101 Will "gas" hit ...
Top Links 1101 Will "gas" hit $5? Capitalists =/= capitalism. "After Order" & the hidden charms of the "London system".

Great links, images, and reading from Chartbook Newsletter by Adam Tooze

Chartbook
RaymondPierreL3May 11

#AlanKohler is on board with Govt doing the job of building #SocialHousing as it cuts through a number of walls that seem intent on making sure Australia will never have enough houses to meet the needs of its population at an affordable cost/price.

“Like the NDIS (and child care), housing affordability is unsustainable and can't be left to be a by-product of monetary policy, the productivity and profitability of the building industry and the zoning vagaries of local councils.

And as with the NDIS (and child care), intergenerational fairness requires a radical solution: the government could do worse than going back to building some houses.” (Source: ABC News)

https://www.abc.net.au/news/2026-05-11/federal-budget-housing-build-more-homes/106663204

#HousingCrisis #AusPol #StateCapture #SocialHousing #TaxReform #Productivity #Profits #Employment #Tradies
#NIMBYism

The government has missed one idea to get housing back on track

If it's serious about improving intergenerational fairness and housing affordability in this week's budget, perhaps the federal government should just build some houses.