Ellen Huet, reporting for Bloomberg: WeWork Cos., the $16B startup, plans to cut about 7 percent of its staff and has instituted a temporary pause on hiring, according to e-mails obtained by Bloomberg. The cutbacks come just three months after the New York company said it raised a round of $430 million led by Chinese investors. Managers were instructed to begin dismissals this week, said one of the e-mails. The startup, which lets members rent desks in an open office, ballooned from about 230 employees early last year to more than 1,000 today, according to research firm Mattermark. WeWork said it hired 175 people in May and expects to add about 500 employees by the end of the year. The company said it expects to lift the pause on hiring as soon as next week.

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Ellen Huet, reporting for Bloomberg: WeWork Cos., the $16B startup, plans to cut about 7 percent of its staff and has instituted a temporary pause on hiring, according to e-mails obtained by Bloomberg. The cutbacks come just three months after the New York company said it raised a round of $430 million led by Chinese investors. Managers were instructed to begin dismissals this week, said one of the e-mails. The startup, which lets members rent desks in an open office, ballooned from about 230 employees early last year to more than 1,000 today, according to research firm Mattermark. WeWork said it hired 175 people in May and expects to add about 500 employees by the end of the year. The company said it expects to lift the pause on hiring as soon as next week.

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Muhammad Ali's funeral will be held on Friday in his hometown Louisville, Kentucky, a family spokesman says.

An anonymous reader writes:Security expert Brian Krebs says more than half a dozen financial institutions contacted him, "all asking if I had any information about a possible credit card breach. Every one of these banking industry sources said the same thing: They'd detected a pattern of fraud on cards that all had one thing in common: They'd all been used in the last few months at various CiCi's Pizza locations... The data available so far suggests that hackers obtained access to card data at affected restaurants by posing as technical support specialists for the company's point-of-sale provider, and that multiple other retailers have been targeted by this same cybercrime gang." The pizza chain referred Krebs to an outside firm managing their restaurants, who referred him to an outside PR firm, so he eventually just contacted the chain's point-of-sale provider, Datapoint. They confirmed that the Secret Service was investigating several different point-of-sale vendors in "one particular franchise... All of these attacks have been traced to social engineering/Team Viewer breaches because stores from several POS vendors let supposed techs in to conduct 'support'."

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Entity-Attribute-Value data modeling (aka 'open schema') for Perl

Image Processing Algorithms

Client and worker libraries for gearman job dispatch dispatch. Server is in separate package.

Create tools to validate, migrate and edit configuration files

Maintenance release group messaging system and productivity tool address problems with the sign-in process. (Free with paid subscription options, 22.2 MB)

 

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Maintenance release group messaging system and productivity tool address problems with the sign-in process. (Free with paid subscription options, 22.2 MB)

 

Read the full article at TidBITS, the oldest continuously published technology publication on the Internet. To get a full-text RSS feed, help support our work and become a TidBITS member! Members also enjoy an ad-free version of our Web site, email delivery of individual articles, the ability to make long comments with live links, and discounts on Take Control orders and other Apple-related products.

Traditional companies continue to score a huge number of patents, reports Quartz. The publication deep dived into the patent filings to find which company has been awarded the most number of patents this year. According to its finding, IBM has been awarded 3,617 patents so far this year, whereas Samsung comes close with 3,032 patents during the same period. Behind these giants sit Google with 1,530 patents, Intel with 1,293, Qualcomm with 1,262, Microsoft with 1,232, and Apple with 1,060 patents. From the report: Although IBM's patent-producing power slowed somewhat in 2015, the number of patents it's received so far this year is up more than 13% compared to a year earlier. The company is in the middle of a painful reinvention, that sees the company shifting further away from hardware sales into cloud computing, analytics, and AI services. It's also plugging away on a myriad of fundamental scientific research projects -- many of which could revolutionize the world if they can come to fruition -- which is where many of its patent applications originate. IBM accounted for about 1% of all US patents awarded in 2015.

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Fourth seed becomes the first Spaniard to lift the Suzanne Lenglen Cup since Arantxa Sanchez Vicario in 1998.

Fourth seed becomes the first Spaniard to lift the Suzanne Lenglen Cup since Arantxa Sanchez Vicario in 1998.

OhPlz writes: A request was made back in 2011 for Microsoft to provide a 64 bit version of Visual Studio to address out-of-memory issues. After sitting on the request for all that time, Microsoft is now declining it, stating that it would not be good for performance. After almost five years, the request received 3,127 votes on the UserVoice forum for Visual Studio. Microsoft instead recommended the vsFunnel extension to optimize memory by filtering low-priority projects, adding "we highly value your feedback." They cited a December MSDN post that had argued "smaller is faster," and that no performance benefits would be realized for users whose code and data already fit into a 32-bit address space, while most other issues could be addressed with better data design.

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