This situation actually reminds me a bit of the dotcom bubble collapse in the late '90s / early '00s, with slight differences.
Declining stocks & VC led to a bunch of startups initially being unable to obtain additional funding. To make matters worse, ad demand started falling, leading to lower revenues for ad-based internet services.
In this case, a decline of ad demand is trailing dotcom revenue shortages. I suspect currency & stock weakness & a slowing econ…
Sounds like Russia's tech industry - including internet, software, etc. - is seeing sharp declines in revenue, with widespread, major layoffs.
"The economy is in s***. It seems like everyone really needed IT specialists, there was a shortage of personnel, and all that. But the market has no money for development, the marketing tools have collapsed. Although both marketers and IT specialists are needed, there is no money. But everyone is hiding this."
Yesterday in #FuckThePolice
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A Portland Police Bureau report released late last month shows that the agency's review board recommended that a sergeant be fired after lying to investigators about placing a right-wing meme in a training presentation — a recommendation that Chief Bob Day and then-Mayor Ted Wheeler declined to follow.
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Known as the "Prayer of the Alt Knight," the meme has been traced back to a member of the far-right Proud Boys group and endorses police brutality against a "dirty hippy," showing an officer in riot gear with fist raised over a person with long hair.
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McDaniel denied the allegation that he'd put the slide in the presentation. Then-Chief Chuck Lovell ultimately concluded that it was "more likely than not" that McDaniel was responsible for the slide, according to the memo, though Lovell backed away from termination of the sergeant's employment and instead suspended him for 100 hours without pay.
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#PoliceDontKeepUsSafe #PoliceDontPreventCrime #DefundDisarmDismantle