HackerNews Summary (2023-05-15 07PM)

Source: Principal Engineer at Peoplebox

Summary
Peoplebox is hiring a remote-friendly Principal Engineer to guide their tech journey. The role requires ensuring engineering delivery, technical expertise and mentoring engineers for growth.

Facts

🔍Scope out features and launch value-driven initiatives

🏆Ensure top-quality output by leading detailed code and design reviews

🧑‍🏫Mentor engineers and encourage continuous learning and growth

🚀Stay updated on tech trends to stay ahead of the curve

🎯Ensure tech decisions meet user needs and expectations

🔧Smooth out deployments using Kubernetes, Docker, and ArgoCD

🔬 Establish strong QA processes

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Source: Ken Griffin’s Hand-Picked Math Prodigy Runs Market-Making Empire

Summary
Fashion designer and entrepreneur Marc Ecko discusses his rise from a graffiti artist to a philanthropist, creating Ecko Unlimited, Complex Magazine, and becoming a best-selling author.

Facts

🎨 As a young graffiti artist in New Jersey, Ecko spray-painted a red rhino, which later served as the logo for his brand.

💰 Ecko Unlimited reached a peak revenue of $1 billion before being sold for $109 million in 2009.

📰 Complex Magazine, which Ecko founded, has become a power player in pop culture and has featured celebrities ranging from Kanye West to Barack Obama.

📚 Ecko has authored two best-selling books, “Unlabel: Selling You Without Selling Out” and “Getting Up: From Street Art to Graffiti Art.”

🤝 Ecko is also a philanthropist who supports initiatives such as arts education and youth empowerment.

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Source: Column: These companies cynically used global crises to juice profits — and brought us inflation

Summary
“Greedflation”, defined as corporations raising prices higher and faster than needed to cover increases in their costs, has contributed more to 2021 inflation than wages and consumer demand, according to two recent papers.

Facts

💰 Corporate markups grew by 3.4% accounting “for more than half of 2021 inflation” when inflation reached an annualized rate of 5.8%.

🛍️ During a period in which consumer demand largely cratered, businesses raised prices more than was needed, more than compensating for the decline in overall sales.

🛒 Consumers came to expect higher prices, which were blamed more on inflationary factors than on businesses’ inclination to increase profit margins.

👥 As a result, “sellers’ inflation” posed problems for the Fed’s effort to bring inflation down that the central bank couldn’t adequately confront.

💸 Hiking interest rates is meant to increase unemployment, which hurts workers who’ve already been in a defensive position in this inflation.

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Source: The Ocean’s Largest Shark Has a Little Something to Say

Summary
In 2016, while reviewing footage captured for the Blue Planet II documentary series, Jonathan Green and his team discovered an unusual and mysterious low rasping sound coming from a whale shark swimming near Darwin’s Arch, an underwater cliff in the Pacific Ocean. As a general rule, sharks are silent, but the team recorded the sound and sent it to be reviewed.

Fact

🦈 Sharks are generally silent and no one has ever found an organ capable of making sounds, only one species in New Zealand “barks” by expelling water.

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Source: Vint Cerf’s Career Advice for Engineers

Summary
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Facts

🍪 IEEE websites use cookies to remember users’ preferences and activities on the site.

🔒 Cookies on IEEE websites ensure secure access to users’ accounts.

📈 IEEE uses cookies to track website usage and improve the site’s performance.

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