Twitter to allow disappearing posts

WORKPLACE

Survey finds employees want to work from home — but not all the time

Office employees are getting used to the perks of telecommuting, and expect it to continue even after the pandemic ends, but most aren’t ready to abandon the office entirely, according to a survey by Jones Lang LaSalle Inc. A majority of employees want to continue working from home at least two days a week, according to the brokerage’s survey of more than 2,000 workers globally. Only 26 percent want to work from home full time after the COVID-19 pandemic passes. Twitter to allow disappearing posts

INDUSTRY

Production recovered a bit in October

US industrial production rose 1.1 percent in October, recovering much of the spring decline caused by the virus pandemic. It was a rebound after a downturn in September, but production still remains below pre-pandemic levels, the Federal Reserve reported Tuesday. The rise was

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Open source data startup Hazelcast fills five leadership roles

  • The data processing and computing platform Hazelcast announced Wednesday that it has hired a new chief financial officer and chief marketing officer, and it promoted a new chief product officer, chief technology officer, and chief revenue officer. 
  • Hazelcast CEO Kelly Herrell says the next phase for the company is to continue scaling, as it plans to double its growth rate and forge partnerships with companies like IBM.
  • Hazelcast’s cofounders have all left the company, but cofounder Talip Ozturk still serves on the advisory board.
  • Visit Business Insider’s homepage for more stories.

The data processing and computing platform Hazelcast has completely revamped its leadership team as it races towards aggressive growth targets. In a mix of promotions and new hires, the 12-year-old firm has made five new appointments: 

Hazelcast promoted former consultant David Brimley to chief product officer, former VP of solution architecture John DesJardins to chief technology officer, and former

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San Diego County approves Otay Ranch development, activists threaten lawsuits

Despite objections from the state Attorney General and various environmental activists, the San Diego County Board of Supervisors approved a large development in a fire-prone area northeast of Chula Vista.

The Board relied on the testimony of Cal Fire San Diego Unit Chief Tony Mecham, who said the Otay Ranch Village 13 development, “of all the projects that we’ve brought before the board, is probably the safest from a fire protection standpoint.”

The proposed development, dubbed Otay Ranch Resort Village, features 1,938 homes, a resort hotel, elementary school, fire station, more than 3 miles of trails, 40,000 square feet of commercial space, and 1,107 acres of nature preserves.

It would be located just northeast of Eastlake and south of Otay Village 14, another large development approved by the Board of Supervisors in June.

Attorney General Xavier Becerra and environmental activists from the Sierra Club said approving such a large development

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Library closed for 2 days due to quarantines; computer lab still open

CLOSE

HENDERSON, Ky. — The Henderson County Public Library closed to in-person services Wednesday and will remain closed Thursday.

However, the computer lab will remain open.

Interim Director Amber Potts said the closure is due to several staff members being in quarantine due to COVID exposure.

Potts said curb-side service will be available to patrons during closure.

“The Carnegie side of the building will remain open for computer use, but people should make an appointment to be let in at the Main Street entrance,” Potts said.  

More: Henderson County Public Library updating grievance policies, procedures

More: Kentucky sees ‘deadliest day’ yet in pandemic; new COVID-19 measures coming Wednesday

This is the second time in two months that the library has reverted to curbside service due to staff being exposed to the Coronavirus or testing positive for it.

In late September, the library closed to in-person services for several days after

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Sunshine Contacts is an invite-only address book app from Marissa Mayer’s new startup

Former Yahoo CEO Marissa Mayer has just revealed her first major product since stepping down back in 2017: a new contact management application for iOS devices called Sunshine Contacts.

Sunshine Contacts is the first product from Mayer’s Sunshine startup (previously known as Lumi Labs), and it promises to be “the world’s most advanced, intuitive contact manager.”

Sunshine’s goal is to unify and simplify your contacts across Apple’s Contacts app and Gmail, pulling down your data from those sources and combining it with publicly available information. At the same time, the app promises to help organize and clean up your contacts, filling in missing chunks of information, and deleting duplicate entries. Then, it can sync that information back to your contact app and help continue to keep it updated over time.

Sunshine also offers more granular settings for sharing contacts, allowing users to share more specific personal information (for close friends)

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Cogito raises $25 million to analyze phone calls with AI

Boston-based call analytics startup Cogito today closed a $25 million convertible debt round led by Goldman Sachs Growth Equity, Salesforce Ventures, and other new and existing investors. The company says this latest capital will be used to expand its go-to-market efforts and accelerate the development of new products.

Algorithm-driven call center platforms promise unprecedented insight into the performance of customer support agents. That’s particularly valuable in the midst of the pandemic, when historic call volume and physical distancing precautions make the need for triaging more acute. In March, as call center workers in the Philippines began to social distance, hold times for U.S.-based companies like TD Bank, Delta, and American Express increased dramatically.

Cogito, which was cofounded by MIT computer scientist Alex Pentland, develops software that performs emotional and sentiment analysis on call center conversations using natural language processing. It measures energy level, pace, tone of speech, and other factors

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Nvidia (NVDA) earnings Q3 2021

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019.

Patrick T. Fallon | Bloomberg | Getty Images

Nvidia beat analyst expectations on both earnings and revenue in its fiscal fourth quarter, but the stock dropped more than 3% in extended trading after the company said that revenue from its data center segment would decline sequentially in the current quarter.

Here’s how Nvidia did in the quarter ending in October:

  • Earnings: $2.91 per share, adjusted, vs. $2.57 per share as expected by analysts, according to Refinitiv. 
  • Revenue: $4.73 billion, vs. $4.41 billion as expected by analysts, according to Refinitiv. 

Analysts had been expecting a big quarter from the Santa Clara chipmaker driven by sales of its graphics processing unit chips, which are increasingly important for both games and artificial

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Apple’s ‘Batterygate’ Saga Wraps Up With $113 Million Settlement

Apple CEO Tim Cook makes his settlement face.

Apple CEO Tim Cook makes his settlement face.
Photo: Mandel Ngan (Getty Images)

Younger readers might not know, but there was once an annual tradition in which Apple would release a new iPhone, old iPhones would suddenly start performing poorly, and users would speculate about a conspiracy to get them to buy the shiny new thing. It turned out that a conspiracy, of sorts, did exist, and Apple has been trying to make the whole embarrassing saga go away for years. On Wednesday, the finish line came into view after Arizona Attorney General Mark Brnovich announced that an investigation involving 34 states is concluding with a settlement and no admission of guilt from Apple.

In 2017, Apple admitted that updates to iOS were throttling older iPhone models but framed it as a misunderstanding. Apple said that the software tweaks were intended to mitigate unwanted shutdowns in devices

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Trumpian Internet data detectives outsmart themselves

As the Trump campaign offered up dubious anecdotes of election-rigging, Trump-friendly Internet data detectives raised an alarm of their own: allegations of voter fraud based purely on mathematics. One such analysis relied on Benford’s Law, a tool of forensic accounting ordinarily used to identify when records have been fabricated. By scrutinizing precinct-level vote totals in Illinois, Wisconsin, and Pennsylvania, the amateur data sleuths cited Benford’s Law to report that Biden’s votes seemed fishy whereas Trump’s looked genuine.

Alas, while the idea of employing a method for exposing white-collar financial crimes to catch the Biden campaign supposedly cooking the books has obvious appeal to Trump supporters, the argument is nonsense.

Benford’s Law concerns the first digits of a group of numbers; with the numbers 329, 490, and 1,232, we would focus only on the 3, 4, and 1. Counterintuitively, the law predicts that in many circumstances — business expenses, population sizes,

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London steps up charm offensive for $4 billion Deliveroo listing: sources

LONDON (Reuters) – The London Stock Exchange and British government and banking officials have launched a charm offensive to persuade British online food delivery business Deliveroo to list in London early next year, three sources familiar with the matter told Reuters.

Deliveroo has appointed Goldman Sachs and JPMorgan to manage an initial public offering (IPO) of between 35-40% of the business in the first half of 2021, the sources said. London and New York are the main options for the deal.

The London-based firm could be valued at more than 3 billion pounds ($3.99 billion), the sources added, after a boost from the COVID-19 pandemic when many restaurants turned to Deliveroo for home delivery services.

Deliveroo and JPMorgan declined to comment. The LSE and Goldman did not immediately respond to requests for comment.

Historically, European tech companies such as Spotify have chosen a New York listing to access the world’s

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