A beginner’s guide to Mastodon, the open-source Twitter alternative

As Twitter users fret over the direction that new owner Elon Musk is taking the company, masses of users have hopped over to Mastodon, an open-source Twitter alternative. Since October 27, when the SpaceX and Tesla CEO formalized his Twitter takeover, Mastodon has gained nearly 500,000 new users, effectively doubling its user base. But what…

I’ve worked with hundreds of unicorns: Here’s what founders and executives need to focus on

Matt Armanino Contributor Share on Twitter Matt Armanino serves as the CEO of national consulting and accounting firm Armanino, where he focuses on driving firmwide growth and innovation. Recent economic headlines have been dominated by the declining stock market, rampant inflation and widespread talk of recession. At Armanino, we use the term “VUCA” to describe…

The FBI says Russian hacktivists are only seeing ‘limited’ success with DDoS attacks

Russian “hacktivists” have been pretty active in cyberspace since the invasion of Ukraine began, targeting organizations in the public and private sectors throughout the western world with DDoS attacks, often targeting US government institutions.  However, the FBI’s latest report claims that these attacks have had “limited” success and have actually just been more of a…

Apple’s life-saving satellite feature could arrive in your iPhone 14’s next update

One of the biggest announcements to emerge from Apple’s iPhone 14 launch event concerned the company’s potentially groundbreaking Emergency SOS via Satellite feature – but until now, we’d heard precious little about when it might actually arrive.  In a new support post (H/T MacRumors), Apple says Emergency SOS via Satellite “will be available with an…

Russia is sending an ice-breaking tanker of oil to China via the Arctic Circle, opening up a faster route to Asian buyers

The journey marks the shortest route between Europe and east Asia, per Bloomberg. Photo by ANGELOS TZORTZINIS/AFP via Getty Images Russia is sending an ice-breaking tanker of oil to China via the Arctic Circle, Bloomberg data shows. It’s the 2nd time a cargo of Russia crude has taken the shortest passage between Europe and east…

The Fed may need to hike interest rates above 6% to crush stubborn inflation, ex-Treasury chief Larry Summers says

Larry Summers. REUTERS/Ruben Sprich The Fed may have to hike interest rates above 6% to curb stubborn inflation, Larry Summers said. The US economy seems to be shrugging off the rate increases so far, the former Treasury chief said. Summers warned that rising inflation expectations could lead to more, intractable price increases. Unrelenting inflation could…

Elon Musk’s Twitter laid off more than 90% of staff in India — now only about 12 employees remain, report says

Twitter owner Elon Musk. Muhammed Selim Korkutata/Getty Images Elon Musk’s Twitter slashed 90% of employees in India over the weekend, sources told Bloomberg. Twitter had about 200 staff in the country but now only about 12 remain, per the report. About 70% of the layoffs in India were in the product and engineering team, it…

The US is quietly asking major banks like JPMorgan and Citi to keep doing business with some Russian firms, report says

JPMorgan Chase & Co. CEO Jamie Dimon and Citigroup CEO Jane Fraser at a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill, September 22, 2022. Drew Angerer/Getty Images US officials asked major banks to maintain ties with Russian companies, Bloomberg reported Its report said banks were asked to keep dealing with firms…