Yogthos
The McRecession is affecting the fast-food industry, with low- and middle-income consumers cutting back on visits to restaurants like McDonald's and Starbucks due to economic pressure.
https://www.axios.com/2025/05/01/mcdonalds-restaurants-fast-food-recession-starbucks
Yogthos
China's UBTECH has deployed its Walker S1 humanoid robots in Geely's smart factory, performing precision tasks like sorting and crate carrying. Smart factories are becoming real-world proving ground for humanoids robots.
With plans to roll out 500+ units, UBTECH sees humanoids as the future of embodied AI. The company is now piloting small-scale production, and plans to target full industrial mass production within 1-2 years.
Yogthos
Another day, another scientist defecting from US to China. 👏
Yogthos
China's National Computer Network Emergency Response Technical Team/Coordination Center disclosed malicious foreign websites and IP addresses.
The identified sources were mainly from the US, Sweden, and India. The attacks involved botnet creation, backdoor exploitation, and data theft.
Seven of the nine malicious IP addresses were traced to locations in the US. The cyberattacks posed a significant threat to institutions and internet users in China.
Yogthos
Burgerland consumer sentiment sees largest drop since 1990 after Trump tariff chaos.
https://www.theguardian.com/us-news/2025/apr/25/trump-tariffs-trade-war-consumer-sentiment
Yogthos
The US is now at the point where The Onion and real life are indistinguishable from one another.
Yogthos
The Long Transition lays bare the global contradictions of capitalism and delivers a strategic blueprint for building a socialist world rooted in historical lessons and urgent contemporary realities.
free download here https://www.iskrabooks.org/the-long-transition
Yogthos
China is exploring alternatives to US Treasuries as part of its foreign exchange reserves due to concerns about the safety and potential freezing of assets by the US government. Despite the large holdings of US securities in China's reserves, there are growing concerns about the safety of these assets due to the unhinged nature of US policies.
https://www.ft.com/content/fdad7e0b-aa23-4b7b-8f1a-fc1d48468631
Yogthos
@get cope harder loser
Yogthos
Yogthos
Millions took to the streets across Cuba for International Workers’ Day, with 600,000 marching in the capital Havana.
Yogthos
Mike Waltz was using an unofficial version of Signal, a messaging app designed to archive messages, raising questions about the classification of information discussed on the app and its security.
The photograph showed messages from various top-level government officials, including JD Vance, Tulsi Gabbard, and Marco Rubio.
Yogthos
China's e-commerce sector, particularly companies like Temu, Shein, Alibaba, JD.com, and PDD are working to help exporters find buyers in the domestic market, investing billions to support local sales.
Chinese tech giants, including DiDi and Tencent, have also joined the effort to help exporters pivot to the domestic market.
The domestic pivot has led to a surge in retail sales in China, with a 5.9% increase in March 2025.
Yogthos
Sheinbaum launches campaign to cut Mexico's workweek by 8 HOURS, gradually reducing it to 40 HOURS before her term ends.
On this May 1st, the most fiercely championed demand of Mexican workers is finally coming to fruition. 🔥
Yogthos
On the International Workers’ Day, we remember that every right we have, the 8-hour day, weekends, safety laws, was wrested from the bosses by worker solidarity. They want us divided, scared, and grinding ourselves to dust for their profits.
But history’s arc bends toward justice when labor rises together. The machines run on our sweat, the cities stand on our backs, and the future belongs to those who dare to seize it. Solidarity forever; the struggle continues! ✊
Yogthos
@adiz yeah forcing people who work on a computer to commute to work in an office is just cruelty. On top of that, letting people work from home removes huge amounts of traffic from the roads.
Yogthos
Japan intends to push back against any US effort to bring it into an economic bloc aligned against China due to the importance of Tokyo’s trade ties with Beijing.
Japanese officials have conveyed to China that they don’t fully align with the US on chip-related exports and semiconductor restrictions.
Yogthos
A survey by the Society for Human Resource Management found that workers at companies that brought employees back to the office reported 62% more incivility compared to those whose companies didn't return to the office.
Employees in industries like music and event production have taken the RTO mandates poorly, with many expressing frustration and disrespect towards their employers.
Yogthos
Subtitle glasses invented in China!
Chinese and French guests tried the Rokid AR glasses and spoke in their native languages while subtitles instantly appeared on the lenses, allowing for a chat in two different languages. 👏
Yogthos
Contract workers for Meta, TikTok, Google, and more are forming a global group to fight for better working conditions.
https://www.theverge.com/news/658566/content-moderator-union-alliance-meta-tiktok-google
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