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Fundraising
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"content": "Welcome to Startups Weekly \u2014 your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here .\nIt was once again the private market that generated the most funding-related news in the startup world this week, both for companies and for funds. But it would be a mistake to forget the public sector; startups gathered with lawmakers, while others obtained and lost licenses.\nImage Credits:Bryce Durbin / TechCrunch\nThis week offered reminders that for better or for worse, startups have to interact with regulators to retain licenses and stay out of trouble.\nBumpy road: Fisker's bankruptcy process isn't going smoothly. The failed EV manufacturer is under investigation by the SEC, and earlier this week, American Lease, the company buying its remaining fleet, said it might not complete the purchase.\nSnapped: LoanSnap lost its license to operate in Connecticut, four months after TechCrunch's exclusive reporting about how the AI-powered mortgage startup was facing multiple lawsuits.\nLicensed to bill: French unicorn Alan expanded into Canada, where there hadn't been any new health insurance company since 1957. The startup plans to hire 50 people in the country.\nImage Credits:RiverRockPhotos / Getty Images\nSome of the rounds we learned about this week were quite big, but perhaps not overly so considering the problems these startups are tackling and the competitors they face.\nStriking gold: KoBold Metals, a minerals discovery startup, raised $491 million of a targeted $527 million round, according to an SEC filing. The company uses AI to surface data that can help locate cobalt, copper, lithium, and nickel.\nWell supplied: Auger, a company developing AI-powered supply chain tools, raised a giant $100 million seed round. Such a big raise could be because of its high-profile CEO, Dave Clark, formerly of Amazon and Flexport. But Auger also has to compete with well-funded rivals.\nProteinGPT: Basecamp Research, a London-based startup unrelated to Basecamp the product management platform, raised a $60 million Series B round of funding to build a 'GPT for biology.' The company claims that its foundational model, BaseFold, outperforms DeepMind's AlphaFold 2 at predicting large, complex proteins.\nAMD vs. Nvidia: Cloud infrastructure startup TensorWave wants to offer an alternative to Nvidia hardware for AI compute and secured a $43 million round with participation from AMD Ventures. It is based in Las Vegas, where energy costs are lower than in many major U.S. cities.\nLifeline: Qantev, a Paris-based startup that sells enterprise software helping health and life insurers use AI to process claims, raised a \u20ac30 million Series B round of funding led by Blossom Capital.\nImage Credits:Diagram\nClimate incubation: Montreal-based venture studio Diagram expanded into climate tech with the launch of its fourth studio fund, Diagram Climate Tech, which was oversubscribed and closed at $58 million.\nFollow-on: General Catalyst is working on raising a 'continuation' fund worth up to $1 billion, sources told TechCrunch.\nBalance: NFX laid off four employees in September \u2014 one product leader and three engineers. The VC firm is looking to 'rebalance' its resources toward its investing team, general partner Pete Flint told TechCrunch.\nImage Credits:Shield AI. Photo by Rod Lamkey, Jr.\nShield AI co-founder Brandon Tseng talked to TechCrunch about defense tech and the war in Ukraine, one week after he and other startup execs gathered with members of the U.S. House Armed Services Committee in a rare public hearing in Silicon Valley. A former Navy SEAL, Tseng is firmly opposed to fully autonomous weapons.",
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"content": "Welcome to Startups Weekly \u2014 your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here.\nIt was once again the private market that generated the most funding-related news in the startup world this week, both for companies and for funds. But it would be a mistake to forget the public sector; startups gathered with lawmakers, while others obtained and lost licenses.\nMost interesting startup stories from the week\nImage Credits:Bryce Durbin / TechCrunch\nThis week offered reminders that for better or for worse, startups have to interact with regulators to retain licenses and stay out of trouble.\nBumpy road: Fisker's bankruptcy process isn't going smoothly. The failed EV manufacturer is under investigation by the SEC, and earlier this week, American Lease, the company buying its remaining fleet, said it might not complete the purchase.\nSnapped: LoanSnap lost its license to operate in Connecticut, four months after TechCrunch's exclusive reporting about how the AI-powered mortgage startup was facing multiple lawsuits.\nLicensed to bill: French unicorn Alan expanded into Canada, where there hadn't been any new health insurance company since 1957. The startup plans to hire 50 people in the country.\nMost interesting fundraises this week\nImage Credits:RiverRockPhotos / Getty Images\nSome of the rounds we learned about this week were quite big, but perhaps not overly so considering the problems these startups are tackling and the competitors they face.\nStriking gold: KoBold Metals, a minerals discovery startup, raised $491 million of a targeted $527 million round, according to an SEC filing. The company uses AI to surface data that can help locate cobalt, copper, lithium, and nickel.\nWell supplied: Auger, a company developing AI-powered supply chain tools, raised a giant $100 million seed round. Such a big raise could be because of its high-profile CEO, Dave Clark, formerly of Amazon and Flexport. But Auger also has to compete with well-funded rivals.\nProteinGPT: Basecamp Research, a London-based startup unrelated to Basecamp the product management platform, raised a $60 million Series B round of funding to build a 'GPT for biology.' The company claims that its foundational model, BaseFold, outperforms DeepMind's AlphaFold 2 at predicting large, complex proteins.\nAMD vs. Nvidia: Cloud infrastructure startup TensorWave wants to offer an alternative to Nvidia hardware for AI compute and secured a $43 million round with participation from AMD Ventures. It is based in Las Vegas, where energy costs are lower than in many major U.S. cities.\nLifeline: Qantev, a Paris-based startup that sells enterprise software helping health and life insurers use AI to process claims, raised a \u20ac30 million Series B round of funding led by Blossom Capital.\nMost interesting VC and fund news this week\nImage Credits:Diagram\nClimate incubation: Montreal-based venture studio Diagram expanded into climate tech with the launch of its fourth studio fund, Diagram Climate Tech, which was oversubscribed and closed at $58 million.\nFollow-on: General Catalyst is working on raising a 'continuation' fund worth up to $1 billion, sources told TechCrunch.\nBalance: NFX laid off four employees in September \u2014 one product leader and three engineers. The VC firm is looking to 'rebalance' its resources toward its investing team, general partner Pete Flint told TechCrunch.\nLast but not least\nImage Credits:Shield AI. Photo by Rod Lamkey, Jr.\nShield AI co-founder Brandon Tseng talked to TechCrunch about defense tech and the war in Ukraine, one week after he and other startup execs gathered with members of the U.S. House Armed Services Committee in a rare public hearing in Silicon Valley. A former Navy SEAL, Tseng is firmly opposed to fully autonomous weapons.",
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"content": "SUMMARY\nIncorporated in March 2024, the sports tech startup will look to back and assist sports academies across India\nThe startup has so far raised INR 9.4 Cr in two tranches from the likes of Blume Ventures, Roots Ventures, and Kunal Shah's QED Innovations Lab\nMedda stepped down from his position as the CEO and cofounder of DealShare in January\nNine months after stepping down as the cofounder of ecommerce platform Dealshare, Sourjyendu Medda is said to have floated a new venture, Sports For Life (SFL).\nIncorporated in March 2024, the sports tech startup aims to create a 'lasting impact on India's sporting culture' by assisting sports academies across India.\nMedda (CEO) has founded SFL, along with former Cartesian employee Arman Tandon (COO) and Khushboo Talukdar. Operating under the aegis of parent entity Jambavan Academy Pvt Ltd, Bengaluru-based SFL counts Whiteboard Capital's partner Anshu Prasher as its advisor.\n'Sports For Life is dedicated to revitalising India's sporting culture, aiming to transform the sports landscape at grassroots levels in major cities, with a ripple effect that extends across the nation. Our goal is to redefine how our nation perceives and engages with sports,' SFL's website reads.\nMeanwhile, the company's filings with the MCA show that it has raised over INR 9.40 Cr ($1.1 Mn) in its seed funding round. It received the funding in two tranches of INR 4.65 Cr and INR 4.75 Cr in July.\nInvestors who backed the startup included venture capital (VC) firms Blume Ventures, Roots Ventures and Kunal Shah's QED Innovations Lab. It also received backing from Tandon Group's chairman Manohar Lal Tandon's family office and others.\nInc42 has reached out to Medda for a comment. This story will be updated based on his response.\nEntrackr was the first to report this development.\nNotably, Medda stepped down from his position as the CEO and cofounder of DealShare in January. Besides Medda, DealShare has also seen the exit of two more cofounders in recent times.\nIn November 2023, it was reported that cofounders Vineet Rao and Sankar Bora parted ways with the company. While Medda has floated his new venture, there seems no clarity on Bora's and Rao's next course of action.\nCofounder exits have come at a time when DealShare was said to be clocking hefty losses. The ecommerce platform reported a net loss of INR 502.7 Cr in the fiscal ended March 2023, up 14% YoY. In the same fiscal, its operating revenue grew a mere 5% to 1,963.5 Cr from INR 1,863.5 Cr a year ago. The company is yet to report its financial numbers for FY24.",
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"https://twitter.com/sureshpprabhu/status/1005411209355636736",
"https://twitter.com/Inc42",
"https://angelx.vc/?utm_medium=website&utm_source=menu&utm_campaign=angelx&utm_content=hamburger-menu",
"https://d2cx.co/?utm_medium=menu&utm_source=website&utm_campaign=d2cx&utm_content=menu-button",
"https://d2cx.co/?utm_medium=website&utm_source=menu&utm_campaign=d2cx-2024&utm_content=hamburger-menu",
"https://managementx.com/?utm_medium=website&utm_source=menu&utm_campaign=angelx&utm_content=hamburger-menu",
"https://twitter.com/KirkDBorne/status/999487879314329600"
],
"rights": "inc42.com",
"rank": 12220,
"twitter_account": "@Inc42",
"id": "b320ea7bc5405442668b46d62e4c7267",
"name_source": "Inc42 Media",
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},
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"author": "Akshit Pushkarna",
"is_headline": 1,
"nlp": {
"summary": "Sourjyendu Medda has founded Sports For Life (SFL) with Arman Tandon, Khushboo Talukdar and Whiteboard Capital's partner Anshu Prasher. SFL will be incorporated in March 2024 and aims to create a 'lasting impact on India's sporting culture' by assisting sports academies across India. The startup has so far raised INR 9.4 Cr in two tranches from the likes of Blume Ventures, Roots Ventures, and Kunal Shah's QED Innovations Lab. Medda stepped down from his position as the CEO and cofounder of DealShare in January.",
"ner_PER": [
{
"entity_name": "Medda",
"count": 6
},
{
"entity_name": "Kunal Shah",
"count": 2
},
{
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},
{
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},
{
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},
{
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},
{
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},
{
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"count": 1
},
{
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},
{
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}
],
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"title": 0.8985,
"content": 0.977
},
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}
],
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{
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},
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},
{
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},
{
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},
{
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},
{
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},
{
"entity_name": "Jambavan Academy Pvt Ltd",
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},
{
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{
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}
],
"theme": [
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"Sports"
],
"ner_MISC": [
{
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"count": 6
},
{
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}
]
},
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"is_opinion": false,
"published_date": "2024-10-11 16:46:47",
"authors": [
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"Akshit P.",
"Palak S.",
"Lokesh C.",
"Nikhil S.",
"Suprita A."
]
}
]
},Corporate
Headquarter Changes
Track near real-time corporate headquarters shifts with details on event description, timing, new and old locations, affected employees, source, category, and relevance score. Additional insights, like sentiment analysis, are available on request.
Risk Analysis
Market Analysis
[
{
"id": "ylYknZMBvyT_ytpRSbrN",
"corporate_hq_changes": {
"how_much_related": "Good",
"location": [
{
"country": "United States",
"city": "Dallas",
"raw_location": "Dallas, Texas, United States",
"county": "Dallas",
"state": "Texas"
},
{
"country": "United States",
"city": "Granbury",
"raw_location": "Granbury, Hood County, Texas, United States",
"county": "Hood",
"state": "Texas"
}
],
"change_type": "new"
},
"event_type": "corporate_hq_changes",
"global_event_type": "CorporateHQChanges",
"associated_article_ids": [
"39bd49925a4abfc77b9364e57d403978",
"04788eda472bddc789b2c4babf0eb29a"
],
"extraction_date": "2024-12-06 18:03:41",
"event_date": null,
"company_name": "Landsea Homes Corp.",
"articles": [
{
"paid_content": false,
"link": "https://www.wfaa.com/article/news/local/california-company-north-texas-landsea-homes-granbury-development-homes-real-estate/287-7a86dcfa-1e94-4f5d-80c9-fc9887334629",
"description": "The company announced Dec. 5 that it bought 72 lots for a community called Pirate Village, located along FM 4 and Willow Ridge Circle.",
"language": "en",
"media": "https://media.wfaa.com/assets/WFAA/images/dcc1cbd0-b0f4-4ba1-ab71-630129623921/dcc1cbd0-b0f4-4ba1-ab71-630129623921_1140x641.jpg",
"all_domain_links": [
"bizjournals.com"
],
"title": "California-to-DFW homebuilder plans 'Pirate Village' development in North Texas",
"journalists": [
"Seth Bodine"
],
"content": "Dallas-based homebuilder Landsea Homes Corp. has purchased lots for its newest community, which will be Granbury, about 30 miles southwest of Fort Worth.\nThe company announced Dec. 5 that it bought 72 lots for a community called Pirate Village, located along FM 4 and Willow Ridge Circle. The name of the development stems from the pirate mascot of Granbury High School.\nThe development will feature 72 single-family homes with options for three to five bedrooms, ranging from 1,455 to 2,870 square feet. The company says prices will be announced at a later date, but model home construction is underway. Landsea (Nasdaq: LSEA) expects to sells the first homes early next year.\nEach home will be equipped with various smart home features, such as entry door locks, doorbell camera pre-wires, garage door opener control, thermostat control and wireless internet.\n\"Pirate Village is a brand new community in Granbury that we are excited to add to our portfolio in the greater Dallas-Fort Worth metro area,\" Melissa Kelly, Dallas-Fort Worth division president of Landsea Homes, said in a statement. \"Granbury's blend of history, culture, and plethora of outdoor activities makes it an enchanting place for its residents to call home. We look forward to offering new opportunities for homebuyers to experience our High Performance Homes.\"\nPirate Village exemplifies the residential development radiating outward from Fort Worth. Granbury is in Hood County, one of the areas that is starting to see significant spillover from the population boom in Tarrant County.\nIt's also a significant local project for Landsea following its headquarters relocation to DFW. The company moved its HQ to Dallas in 2023 from Newport Beach, California. In November, the company signed a lease in an office building in Irving for its Dallas-Fort Worth division, which executives have previously described as an important market for the company.\nLast month, Landsea Homes launched its newest community, Lovers Landing, in Forney east of Dallas. Home prices in that community start at about $430,000, according to the company's website.\nLandsea ranked No. 35 on the 2023 Builder 100 with 2,527 closings and $1.4 billion in revenue in 2022.",
"word_count": 351,
"domain_url": "wfaa.com",
"all_links": [
"https://www.bizjournals.com/dallas/news/2024/11/18/landsea-homes-irving-headquarters.html",
"https://www.bizjournals.com/dallas/news/2024/03/20/fort-worth-population-growth-tarrant-denton-county.html",
"https://www.bizjournals.com/dallas/news/2023/03/06/landsea-homes-headquarters-dallas-california.html"
],
"rights": "wfaa.com",
"rank": 4222,
"twitter_account": null,
"id": "39bd49925a4abfc77b9364e57d403978",
"name_source": "WFAA",
"extraction_data": {
"parent_url": "https://www.wfaa.com/dallaswings"
},
"full_domain_url": "wfaa.com",
"author": "Seth Bodine",
"is_headline": 0,
"nlp": {
"summary": "Landsea Homes Corp. has bought 72 lots for a new community called Pirate Village in Granbury, 30 miles southwest of Fort Worth. The development will feature 72 single-family homes with options for three to five bedrooms, ranging from 1,455 to 2,870 square feet. The company expects to sell the first homes early next year.",
"ner_PER": [
{
"entity_name": "Melissa Kelly",
"count": 1
}
],
"sentiment": {
"title": 0.9718,
"content": 0.9794
},
"ner_LOC": [
{
"entity_name": "Granbury",
"count": 4
},
{
"entity_name": "Pirate Village",
"count": 3
},
{
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"count": 3
},
{
"entity_name": "Fort Worth",
"count": 2
},
{
"entity_name": "Dallas",
"count": 2
},
{
"entity_name": "FM 4",
"count": 1
},
{
"entity_name": "Willow Ridge Circle",
"count": 1
},
{
"entity_name": "Hood County",
"count": 1
},
{
"entity_name": "Tarrant County",
"count": 1
},
{
"entity_name": "DFW",
"count": 1
},
{
"entity_name": "Newport Beach",
"count": 1
},
{
"entity_name": "California",
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},
{
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"count": 1
},
{
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},
{
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}
],
"ner_ORG": [
{
"entity_name": "Landsea",
"count": 3
},
{
"entity_name": "Landsea Homes",
"count": 2
},
{
"entity_name": "Landsea Homes Corp.",
"count": 1
},
{
"entity_name": "Granbury High School",
"count": 1
}
],
"theme": [
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],
"ner_MISC": [
{
"entity_name": "Dallas-based",
"count": 1
},
{
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},
{
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}
]
},
"published_date_precision": "full",
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"published_date": "2024-12-06 17:18:00",
"authors": [
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]
},
{
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"link": "https://www.bizjournals.com/dallas/news/2024/12/06/landsea-homes-pirate-village.html",
"description": "The company with more than $1 billion in annual sales just purchased lots for its next neighborhood in North Texas.",
"language": "en",
"media": "https://media.bizj.us/view/img/11860022/new-home-construction-dsc6382*1200xx4491-2526-0-55.jpg",
"all_domain_links": [],
"title": "Landsea Homes looks to Granbury for next DFW neighborhood",
"journalists": [
"Seth Bodine"
],
"content": "Dallas-based homebuilder Landsea Homes Corp. has purchased lots for its newest community, which will be Granbury, about 30 miles southwest of Fort Worth.\nThe company announced Dec. 5 that it bought 72 lots for a community called Pirate Village, located along FM 4 and Willow Ridge Circle. The name of the development stems from the pirate mascot of Granbury High School.\nThe development will feature 72 single-family homes with options for three to five bedrooms, ranging from 1,455 to 2,870 square feet. The company says prices will be announced at a later date, but model home construction is underway. Landsea (Nasdaq: LSEA) expects to sells the first homes early next year.\nBelow: Map of Pirate Village site in Granbury, southwest of Fort Worth.\nEach home will be equipped with various smart home features, such as entry door locks, doorbell camera pre-wires, garage door opener control, thermostat control and wireless internet.\n\"Pirate Village is a brand new community in Granbury that we are excited to add to our portfolio in the greater Dallas-Fort Worth metro area,\" Melissa Kelly, Dallas-Fort Worth division president of Landsea Homes, said in a statement. \"Granbury's blend of history, culture, and plethora of outdoor activities makes it an enchanting place for its residents to call home. We look forward to offering new opportunities for homebuyers to experience our High Performance Homes.\"\nBelow: Plat map shows how Pirate Village will come together.\nexpand\nPirate Village exemplifies the residential development radiating outward from Fort Worth. Granbury is in Hood County, one of the areas that is starting to see significant spillover from the population boom in Tarrant County.\nIt's also a significant local project for Landsea following its headquarters relocation to DFW. The company moved its HQ to Dallas in 2023 from Newport Beach, California. In November, the company signed a lease in an office building in Irving for its Dallas-Fort Worth division, which executives have previously described as an important market for the company.\nLast month, Landsea Homes launched its newest community, Lovers Landing, in Forney east of Dallas. Home prices in that community start at about $430,000, according to the company's website.\nLandsea ranked No. 35 on the 2023 Builder 100 with 2,527 closings and $1.4 billion in revenue in 2022.",
"word_count": 374,
"domain_url": "bizjournals.com",
"all_links": [],
"rights": "bizjournals.com",
"rank": 512,
"twitter_account": "@DallasBizNews",
"id": "04788eda472bddc789b2c4babf0eb29a",
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"extraction_data": {
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},
"full_domain_url": "bizjournals.com",
"author": "Seth Bodine",
"is_headline": "2",
"nlp": {
"summary": "Landsea Homes Corp. has bought 72 lots for a new community called Pirate Village in Granbury, 30 miles southwest of Fort Worth. The development will feature 72 single-family homes with options for three to five bedrooms, ranging from 1,455 to 2,870 square feet. The company expects to sell the first homes early next year.",
"ner_PER": [
{
"entity_name": "Melissa Kelly",
"count": 1
}
],
"sentiment": {
"title": 0.0,
"content": 0.8702
},
"ner_LOC": [
{
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"count": 5
},
{
"entity_name": "Pirate Village",
"count": 5
},
{
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"count": 3
},
{
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"count": 3
},
{
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},
{
"entity_name": "FM 4",
"count": 1
},
{
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"count": 1
},
{
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"count": 1
},
{
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"count": 1
},
{
"entity_name": "DFW",
"count": 1
},
{
"entity_name": "Newport Beach",
"count": 1
},
{
"entity_name": "California",
"count": 1
},
{
"entity_name": "Irving",
"count": 1
},
{
"entity_name": "Lovers Landing",
"count": 1
},
{
"entity_name": "Forney",
"count": 1
}
],
"ner_ORG": [
{
"entity_name": "Landsea",
"count": 3
},
{
"entity_name": "Landsea Homes",
"count": 2
},
{
"entity_name": "Landsea Homes Corp.",
"count": 1
},
{
"entity_name": "Granbury High School",
"count": 1
}
],
"theme": [
"Business"
],
"ner_MISC": [
{
"entity_name": "Dallas-based",
"count": 1
},
{
"entity_name": "Nasdaq",
"count": 1
},
{
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"count": 1
}
]
},
"published_date_precision": "full",
"is_opinion": false,
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"authors": [
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]
}
]
},
{
"id": "yVYknZMBvyT_ytpROLrv",
"corporate_hq_changes": {
"how_much_related": "Good",
"location": [
{
"country": "United States",
"city": "City of Industry",
"raw_location": "111 North Baldwin Park Boulevard, City of Industry, Los Angeles, California, United States",
"county": "Los Angeles",
"state": "California"
}
],
"change_type": "new"
},
"event_type": "corporate_hq_changes",
"global_event_type": "CorporateHQChanges",
"associated_article_ids": [
"a29d5acde4c7840096cc7930eac2fed2"
],
"extraction_date": "2024-12-06 18:03:37",
"event_date": null,
"company_name": "Howard's",
"articles": [
{
"paid_content": false,
"link": "https://commercialobserver.com/2024/12/howards-128ksf-industrial-lease",
"description": "The 68-month lease is valued at about $11.1 million.",
"language": "en",
"media": "https://commercialobserver.com/wp-content/uploads/sites/3/2024/12/Peter-Boutros-Howards-store-credit-Howards.jpg?quality=80&crop=0px%2C0px%2C1500px%2C788px&resize=1200%2C630&strip",
"all_domain_links": [
"commercialobserverreprints.com",
"onetrust.com",
"linkedin.com",
"twitter.com",
"facebook.com"
],
"title": "SoCal Appliance Retailer Inks 128K-SF Industrial Lease",
"journalists": [
"Nick Trombola"
]Object
Description
ID
Event id
associated_article_ids
IDs of the articles associated with this event
extraction_date
Date when the event was extracted
event_date
Date of the event
company_name
Name of the company
articles
News articles associated with the event, an array
how_much_related
Identifies how much the article is related to the event
change_type
Type of the HQ change
area_size_sqft
Area size in square feet
area_size_sqft
Area size in square feet
raw_area_size
Raw area size
employees_affected
Names of the employees involved in changes
summary
Short summary of the event
location
Location of the event
states
All the states mentioned in the news articles, a list
cities
All the cities mentioned in the news articles, a list
first_published_date
Date when the article about the event was published first
recent_published_date
Date when the most recent article about the event was published
Data Breaches
Stay ahead with near-real-time updates on the latest data breaches. This dataset includes comprehensive details such as the breach date, affected parties, types of data leaked, and involved companies or individuals.
Risk Analysis
Insurance
Financial Analysis
Compliance and Regulatory Oversight
Investment Management
[
{
"id": "kla1nJMBvyT_ytpRurq_",
"event_type": "data_breach",
"global_event_type": "DataMonitoring",
"associated_article_ids": [
"f30b4624096034df24f0ed5f8d3e1ee6",
"b79fbd549324dc57e729b5f9a11f6f54",
"c92eac461cf5cfe5ded274820453fcb2",
"fed0b489905ba3e35a12ef6ba310c200"
],
"extraction_date": "2024-12-06 16:02:55",
"event_date": "2021-11-27 00:00:00",
"company_name": "City of Hoboken",
"data_breach": {
"summary": "A massive cybersecurity breach in Hoboken city led to the theft of social security numbers, driver's licenses, payroll, health and other personal details of city workers and residents who applied for rental assistance. The breach, which occurred on Nov. 27, forced the shutdown of City Hall and impacted the municipal courts and some city services. The Russia-linked ransomware group ThreeAM claimed responsibility for the attack.",
"impacted": [
"City workers",
"Residents who applied for rental assistance"
],
"data": "social security numbers, driver's licenses, payroll, health and other personal details",
"data_type": "personal",
"title": "Massive Hoboken cybersecurity breach leads to thousands of stolen SSNs"
},
"articles": [
{
"paid_content": false,
"link": "https://www.nydailynews.com/2024/12/06/massive-hoboken-cybersecurity-breach-leads-to-thousands-of-stolen-ssns",
"description": "The social security numbers, driver's licenses, payroll, health and other personal details of Hoboken city workers were among the data stolen in a 'massive' cybersecurity breach last mo\u2026",
"language": "en",
"media": "https://www.nydailynews.com/wp-content/uploads/2024/12/shutterstock_2471308003.jpg?w=1024&h=576",
"all_domain_links": [
"cbsnews.com",
"nj.com",
"msn.com",
"nj.gov",
"nixle.com",
"socradar.io",
"patch.com"
],
"title": "Massive Hoboken cybersecurity breach leads to thousands of stolen SSNs",
"journalists": [
"Jessica Schladebeck"
],
"content": "The social security numbers, driver's licenses, payroll, health and other personal details of Hoboken city workers were among the data stolen in a 'massive' cybersecurity breach last month.\nAccording to a list of thousands of stolen files obtained by The Jersey Journal, every department in City Hall \u2014 ranging from payroll to construction, health, and animal control \u2014 was affected by the hack, with some of the pilfered information dating back to 1987\nThe personal information of residents who applied for rental assistance during the COVID-19 pandemic is also in the hands of the hackers, but it is unclear whether or not those affected have been notified.\nCity officials stopped short of providing how much sensitive information was leaked in the cybersecurity breach on Nov. 27, which forced the shut down of City Hall right before Thanksgiving. The attack also impacted the municipal courts and some of the city's services.\nOn Wednesday, nearly, a week after the attack, officials announced some of the city's digital operations have resumed. Officials also noted that majority of services remain available online, including purchasing temporary-no-parking signs, parking permits, and other services provided by third-party vendors.\n'The city of Hoboken continues to make progress recovering from last week's cyber attack,' officials said in a statement. 'The city is actively working with the Hoboken Police Department, federal law enforcement agencies, and IT specialists to thoroughly investigate the cause and extent of the incident.'\nIt continued: 'Out of an abundance of caution, individuals are encouraged to monitor and protect themselves from any unusual activity on any personal accounts.'\nThe Russia-linked ransomware group ThreeAM \u2014 also known as 3AM \u2014 has since claimed responsibility for the attack, NJ.com reported, though any demands they may have made of city have not been made public.",
"word_count": 291,
"domain_url": "nydailynews.com",
"all_links": [
"https://www.cbsnews.com/newyork/news/hoboken-n-j-ransomware-cyberattack/",
"https://socradar.io/dark-web-profile-3am-ransomware/",
"https://patch.com/new-jersey/hoboken/after-cyberattack-hoboken-city-hall-some-digital-services-return",
"https://www.msn.com/en-us/news/us/hoboken-city-hall-is-victim-of-cyber-attack-they-say-in-messages/ar-AA1uRBVm",
"https://www.nj.com/hudson/2024/12/massive-breach-social-security-numbers-health-info-and-much-more-stolen-in-hoboken-cyberattack.html",
"https://www.nj.gov/dca/cverap2.shtml",
"https://local.nixle.com/alert/11313969/?fbclid=IwY2xjawG_6rdleHRuA2FlbQIxMQABHWq-ph7NIUS2jBwIcdS3fZr6jySfp9RE5Si8tCJjPh0tnt_TAhtT2gQIaw_aem_B6NO_8kRWHkZgJchTHzFlw"
],
"rights": "nydailynews.com",
"rank": 679,
"twitter_account": null,
"id": "f30b4624096034df24f0ed5f8d3e1ee6",
"name_source": "New York Daily News",
"extraction_data": {
"parent_url": "https://www.nydailynews.com"
},
"full_domain_url": "nydailynews.com",
"author": "Jessica Schladebeck",
"is_headline": 0,
"nlp": {
"summary": "The data of Hoboken city workers was stolen in a cybersecurity breach last month. Every department in City Hall was affected, including payroll, construction, health, and animal control. Some of the stolen files date back to 1987. The hackers also stole personal information of residents who applied for rental assistance during the COVID-19 pandemic.",
"ner_PER": [],
"sentiment": {
"title": -0.9995,
"content": -0.9933
},
"ner_LOC": [
{
"entity_name": "Hoboken",
"count": 2
}
],
"ner_ORG": [
{
"entity_name": "City Hall",
"count": 2
},
{
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Description
ID
Unique identifier for the dataset entry.
event_type
Type of the event (e.g., data breach).
global_event_type
Unique identifier for thGeneralized category of the event (e.g., DataMonitoring).e dataset entry.
associated_article_ids
List of IDs for articles associated with this event.
extraction_date
Timestamp of when the data was extracted.
event_date
Date of the event
company_name
Name of the company involved in the data breach.
data_breach
Data breach associated with the event, an array
articles
News articles associated with the event, an array
Layoffs
Stay informed on layoffs reported from around the world, organized by company. Included information covers company name, number of employees affected, reasons for the layoffs, locations, and the full text of related news articles.
Risk Analysis
Investment Management
Strategic Planning
Talent Acquisition
Industry Trends Detection
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"summary": "Debt-ridden global diabetes care company Embecta will lay off more than 100 workers at its Massachusetts facility while eliminating the expensive patch pump program. The layoffs are expected to occur between Feb. 3, 2025, and Aug. 1, 2025.",
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"title": "Debt-ridden diabetes care company laying off 100-plus workers in Massachusetts",
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"content": "A debt-ridden global diabetes care company that won FDA approval for its first wearable insulin delivery system in the summer will lay off more than 100 workers at its Massachusetts facility while eliminating the expensive product.\nEmbecta, headquartered in New Jersey, filed a Worker Adjustment and Retraining Notification with the MassHire Department of Career Services in late November, alerting the state that it would be laying off 118 workers at its Andover facility.\nOn the same day the state received the notification, company CEO Devdatt 'Dev' Kurdikar announced that the costly patch pump program would be discontinued as 'part of a broader restructuring,' Fierce Biotech, an industry insider, has reported.\nDuring its 2024 fiscal year, the company spent roughly $63 million to develop the patch pump. The wearable, fully disposable device provided adjustable basal and bolus insulin for up to three days for people with Type 1 or Type 2 diabetes.\nCompany officials said that eliminating the product, which received FDA clearance in September, from its business model while cutting its headcount in Andover is expected to save the company around $60 million to $65 million.\nFierce Biotech also reported that the company is looking to pay off its more than $1.6 billion in debt.\nThe company has not confirmed whether the reduced staff is 'directly related to the halting of the patch pump program,' industry insider Drug Delivery Business News reported on Thursday.\nAccording to the notice filed with the state, layoffs at the Andover facility are expected to occur between Feb. 3, 2025, and Aug. 1, 2025.\n'Following the recent U.S. FDA clearance that we received on the open-loop version of the pump that could be used by people with Type 1 or Type 2 diabetes, the decision to cease the pump program may come as a surprise,' Kurdikar said during an investors' call on Nov. 26.\n'However, it is important to understand that we did not intend to do a full-market launch of this product,' he added, 'as the open-loop product currently cleared requires additional enhancements to be commercially competitive\u2014including extensions of the product's shelf-life, as well as enhancements in the form of making the device compatible from a 'bring-your-own-device' perspective.' Originally Published: December 5, 2024 at 4:16 PM EST",
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"title": "E. Tammy Kim on South Korea's \u2018Mess of a Coup'",
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"content": "Sign up for The Media Today, CJR's daily newsletter.\nBefore COVID, there was 'CVID': complete, verifiable, irreversible denuclearization. This was, loosely speaking, a long-standing principle of US policy toward North Korea that the Trump administration restated in the context of talks with the country in 2018; as E. Tammy Kim wrote for CJR that year, CVID, while a 'catchy but unenforceable aim,' became the 'demand du jour' in US media and eventually seeped into its South Korean counterpart, even if many residents of that country saw the talks differently. ('Ordinary South Koreans care more about peace than uranium counts,' Kim wrote, 'but to a disquieting extent, their media outlets and politicians pay close attention to what Americans say.') The US media focus on the North Korean side of the peninsula was unsurprising: stories about South Korea were 'comparatively rare,' Kim wrote. When they did appear in US media, they tended to hew to what a journalist friend of Kim's identified as a handful of common themes: 'chaebol conglomerates, K-pop, kimchi, dog meat, and the aging society.'\nThis week, though, a South Korea story that had nothing to do with any of these things\u2014nor, indeed, its northern neighbor\u2014broke through in a big way, not only in the US media, but internationally: late on Tuesday night, Yoon Suk Yeol, the country's hard-line right-wing president, went on television and declared martial law. Quickly, protesters and journalists swarmed outside the National Assembly in Seoul; inside, lawmakers, some of whom reportedly had to climb through windows to get in, voted unanimously to reverse Yoon's declaration. 'It's a nation that is stunned,' Mike Valerio, a CNN correspondent, said on air. 'As more and more details were trickling out, people\u2014including myself\u2014were looking at their phones and we thought, wait, is this a typo? South Korea?'\nKim covered the chaos for The New Yorker, but not from the ground: she had spent much of November in the country\u2014 reporting, for example, on '4B,' a South Korean feminist movement that has gained traction in the US since the reelection of Donald Trump (as we also reported recently in this newsletter)\u2014but flew out on Monday, a feat, she wrote, of 'bad journalistic timing.' When we spoke yesterday, Kim told me that it was 'terrible, terrible luck' that she had missed the declaration of martial law, but that there was no way of foreseeing it; South Korean politics was in a turbulent moment, and Yoon was increasingly unpopular, but his declaration was 'incredibly unexpected.' As Kim sees it, the story cut through to such an extent in foreign media because 'the language of martial law, and what that means\u2026is something that's both exotic, in a sense, but also familiar to anyone who has any familiarity with Cold War happenings.' (Also helpful: the drama unfolded late in South Korea, coinciding with many journalists and news consumers logging on for the day in the US.) Watching the coverage unfold, Kim was generally impressed; the New York Times, for instance, started a live blog, drawing on its strong staffing in South Korea, including reporters, Kim said, who are 'completely bilingual and bicultural, which is pretty extraordinary in the history of foreign correspondence.' Since she wrote about US coverage of the Koreas in 2018, she added, there has also been an increase in South Korean titles publishing in English.\nThis has all happened despite an increasingly tough climate for press freedom in the country. (In 2018, Reporters Without Borders ranked it forty-third, out of a hundred and eighty countries worldwide, on its closely followed press freedom index; as of this year, it had slid to sixty-second.) This is the continuation of a longer-term trend: as Kim reported separately for us in 2019, South Korea's ranking had been even lower under Park Geun-hye, an eventually impeached conservative predecessor to Yoon whose administration 'aggressively censored and harassed reporters'; things generally improved under Moon Jae-in, a liberal successor to Park, but his administration would push a number of bills aimed at curbing so-called 'fake news,' including one specifically targeted at the media industry that elicited alarm from journalists and rights groups. (That bill was dropped in 2021.) At the time, Yoon's right-wing party called the bill 'dictatorial'; when he came to power in 2022, he 'seemed open to the press,' according to the Times, 'going as far as fielding questions from reporters in the morning as he arrived for work.' But that didn't last: he and his allies have since bashed journalists rhetorically and targeted them with lawsuits and even, in several cases, invasive investigations. 'What was the reason for coming into my home where my family lives, humiliating me by digging through my underwear drawer?' a journalist with the public broadcaster said after a police raid last year. 'The only explanation I can think of for why I was raided is that the administration is trying to scare us into submission.'\nWhich brings us back to this week's declaration of martial law, which theoretically put the news media under military censorship. In the end, though, this was not enforced, and key communications networks stayed online; rather than being cowed, the Times noted, South Korean news organizations aggressively covered the unfolding chaos, while condemning it editorially. Amid the public pressure, and following lawmakers' binding vote against him, Yoon rescinded his declaration, and his days could be numbered; earlier today, the head of his party expressed support for his impeachment, while the country's military said it would reject any future declarations of martial law. Ultimately, South Korea's democracy proved resilient\u2014not least its vibrant media. 'It was remarkable, the extent to which nobody cared that parts of the martial law declaration were specifically targeting the press,' Kim told me yesterday.\nThat press will continue to face challenges, however, and not just from politicians; as is the case elsewhere, trust in the media is in decline while alternative sources of news\u2014and, importantly, disinformation\u2014are on the rise, especially on YouTube, as Kim wrote for us in 2019. When I wrote above that this week's events had nothing to do with North Korea, this isn't strictly true: in part, Yoon justified his declaration by gesturing at supposed pro\u2013North Korean sympathies within the opposition. This reflected something that Kim wrote for us in 2019: that the 'most resilient genre of disinformation' in South Korea is the 'North Korean conspiracy theory.' (In that piece, she explored how a somewhat innocuous Bloomberg headline\u2014apparently written by an editor in the US\u2014that referred to then-president Moon as the 'top spokesman' for North Korea blew up into a huge talking point on the political right.) Yoon subsequently entered office promising a much tougher line on North Korea. He, 'maybe even more than his recent conservative predecessors, has made the North Korea boogeyman a core tenet' of his politics, Kim told me.\nKim noted in 2019 that a central manifestation of the North Korean conspiracy theory \u2014one that was then having a moment politically\u2014related to a 1980 massacre of pro-democracy activists in the city of Gwangju; the military carried out the massacre under direct government orders (and with the knowledge of the US), but the perpetrators and elements on the political right have since sought to deflect blame onto North Korea. Writing for The New Yorker this week, Kim noted that the images from Seoul recalled Gwangju, which was the previous time a leader had instituted martial law. This time, there was no massacre. But Kim noted to me that there could easily have been; watching a livestream, she was worried that all it might take would be for one soldier to get angry. If things had played out only slightly differently, the world might have seen something 'extremely frightening,' Kim said. 'This was kind of a mess of a coup,' she added. It could have been more competent. Either way, 'bravo to people on the ground who were saying, We're not going to do this. This is not Korea of 1980. '\nOther notable stories:\nFor the Medill School's Local News Initiative, Paul Farhi and John Volk found that while the recent US election was close overall, in news deserts\u2014that is, counties lacking a professional source of local news\u2014Donald Trump won overwhelmingly. 'People didn't necessarily vote for Trump because they lack local news,' they write\u2014rather, it might just be the case that news deserts are concentrated in the sorts of places where Trump has traditionally done well\u2014but 'news deserts do have the potential to affect voting behavior in important ways.' Meanwhile, for CJR, Suzanne Sataline explored how news consumption affected the vote in a key Pennsylvania county that Trump won narrowly. The area is 'not a news desert,' but 'it can come up dry of facts, as much of the coverage comes from partisan media, some trafficking in fantasy.'\nIn Monday's newsletter, I wrote about past comments made by Kash Patel, Trump's pick to lead the FBI, in which he threatened to 'come after' people in the media. Now NBC News reports that the remarks are 'likely to become a central point of contention if he comes up for Senate confirmation,' with one Democratic senator calling them 'vile' and disqualifying, and one senior Republican expressing a need for clarification (though that Republican, John Cornyn, said yesterday that he expects Patel to be confirmed). Per NBC, Patel 'has privately conceded he needs to publicly clean up the remark.' Approached by NBC earlier this year, he suggested that his words had been blown out of proportion and praised reporters as 'invaluable.'\nEarlier this week, Oliver Darcy reported in Status that journalists at the LA Times are feeling demoralized and fear that Patrick Soon-Shiong, the paper's owner, presents an 'internal threat' to its future; before the election, Soon-Shiong set off an uproar when he spiked an endorsement of Kamala Harris, and he has since insisted that he be given veto power over opinion headlines (after expressing dismay over a headline about the Trump ally Elon Musk, per Darcy) and suggested publicly that he plans to introduce an AI-powered 'bias meter' for news coverage. Yesterday, Harry Litman, a contributor to the op-ed pages, resigned, accusing Soon-Shiong of appeasing Trump.\nIn other media business news, Vox Media announced layoffs and a reorganization at several of its publications: Thrillist, PS, and Eater; it wasn't immediately clear how many staffers were affected. Cond\u00e9 Nast also began to implement layoffs and a reorganization; according to the Hollywood Reporter, 'new positions are expected to open up in areas of the business next year that are considered promising, keeping the global headcount the same in 2025 as it was this year.' And, on the local news front, there were layoffs at TV stations in Wisconsin and newspapers in Oregon.\nAnd for Sports Illustrated, Chris Mannix profiled Adrian Wojnarowski, the star NBA reporter who stunned the world of sports journalism earlier this year when he stepped away from ESPN to manage the men's basketball program at his alma mater, St. Bonaventure in New York. 'There was no conspiracy,' Mannix writes; Wojnarowski was simply burned out and had recently been diagnosed with prostate cancer, which didn't force him out, but did 'bring some clarity.' His prognosis is good.",
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"summary": "Before COVID, there was CVID: complete, verifiable, irreversible denuclearization. CVID was a long-standing principle of US policy toward North Korea. The US media focus on the North Korean side of the peninsula was unsurprising. Yoon Suk Yeol, South Korea's hard-line right-wing president, declared martial law on Tuesday night. Kim covered the chaos for The New Yorker, but not from the ground.",
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"layoff": {
"summary": "John Deere plans to lay off 112 workers at Waterloo Works in Waterloo, Iowa on Jan. 5, 2024. This is the sixth layoff by Deere in Waterloo in 2024, with a total of more than 110 workers being laid off. The layoffs are attributed to lower demand forecasts for new equipment due to farm income projections for 2025 falling behind.",
"layoff_reason": "Lower demand forecasts for new equipment due to farm income projections for 2025 falling behind",
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Description
ID
Unique identifier for the dataset entry.
layoff
Layoff associated with the event, an array
event_type
Type of the event (e.g., layoff).
global_event_type
Generalized category of the event (e.g., Layoff).
associated_article_ids
List of IDs for articles associated with this event.
extraction_date
Timestamp of when the data was extracted.
event_date
Date of the event
company_name
Name of the company involved in the layoff.
articles
News articles associated with the event, an array
Remote Work Transitions
Get access to updates on remote work transitions. The dataset includes location, a brief summary, company name, type of change, number of people affected, and the full text of related articles.
Market Research
Risk Management
Real Estate Management
Talent Acquisition
[
{
"id": "aVZInJMBvyT_ytpRjrqy",
"remote_work_transition": {
"summary": "Leaders predict the death of return-to-work (RTO) policies in 2025, with a strong shift towards hybrid and remote work. Doug Dennerline, CEO of Betterworks, advocates for a Remote-First approach, stating that rigid RTO mandates are causing talented employees to leave. Andrea Lagan, COO at Betterworks, emphasizes the need for flexible workplaces and personalized development opportunities. Felix Kim, CEO of Redrob, believes in-office work is becoming obsolete and predicts remote work will prevail.",
"how_much_related": "Excellent",
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{
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"city": "Not specified",
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"county": "Not specified",
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}
],
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},
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],
"extraction_date": "2024-12-06 14:03:41",
"event_date": "2025-12-06 00:00:00",
"company_name": "Betterworks",
"articles": [
{
"paid_content": false,
"link": "https://www.forbes.com/sites/bryanrobinson/2024/12/06/leaders-predict-the-death-of-return-to-work-policies-in-2025",
"description": "Leaders make stunning predictions about who will win the return-to-work tug-of-war in the upcoming year. Discover which side will lose\u2014major businesses or hybrid workers?",
"language": "en",
"media": "https://imageio.forbes.com/specials-images/imageserve/67522e7407efef1e94c20b4a/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds",
"all_domain_links": [
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"amazon.com",
"youradchoices.com",
"thoughtful.ai",
"trysparrow.com"
],
"title": "Leaders Predict The Death Of Return-To-Work Policies In 2025",
"journalists": [
"Bryan Robinson"
],
"content": "Recent research shows that employees who use both in-person and digital wellness options are twice as engaged as those who only use one or the other. Still, this year has been the time of return-to-office (RTO) mandates, with companies like Amazon and Starbucks demanding employees back in the office five days a week. As the RTO war heats up into 2025, major companies say they're fine with employees quitting if they don't want to return. Other leaders say that hybrid and remote work are still on the rise. So when will the conflict end, and what will be the outcome? Business leaders share their predictions about the return-to-work policies in 2025.\nEarlier this year, I interviewed several business leaders who stated that hybrid careers will win the RTO war. More recently, I spoke to a larger group of leaders who made similar stunning predictions about the death of return-to-work policies in 2025.\nDoug Dennerline, CEO of Betterworks, insists that hybrid work is here to stay and predicts the death of RTO in the coming year. 'The mandatory return-to-office policies some companies are enforcing will disappear in 2025,' Dennerline told me by email. He admits to being a strong advocate for a Remote-First approach or, at the very least, a hybrid model, but also sees the writing on the wall.\n'These rigid mandates are causing talented people to leave jobs they genuinely enjoy, often placing managers in difficult positions where they have to 'bend' policies to offer the flexibility their teams need, but the company doesn't officially support,' Dennerline reveals. 'Let's face it: hybrid work is here to stay. I recently read an article about companies that experimented with four-day work weeks and saw productivity rise significantly over the traditional five-day model. Now, employees in those companies are resisting any return to the full five-day schedule\u2014proof that flexibility isn't just a perk; it's becoming an expectation.'\nAndrea Lagan, COO at Betterworks, agrees that 2025 will be the year of the employee experience, requiring flexible workplaces and personalized development opportunities. 'In 2025, employee expectations will continue to evolve, with flexibility, well-being and career growth becoming even more interconnected priorities,' Lagan believes. 'Employees will demand not just remote or hybrid work options, but the tools and structures to work seamlessly and productively across any environment. Flexibility will mean more than location; it will encompass how and when work is done, emphasizing autonomy and trust.'\nFelix Kim, CEO of Redrob, also believes that in-office work is obsolete and predicts that many companies will lose talent due to their strict thinking. 'Companies are forcing people to come back to work in the office, but the tide has shifted,' Kim asserts. 'There is going to be a big battle in 2025, and I think remote work will emerge as the winner in that. Hybrid full time is the way to go.'\nKim believes the big driver is AI, with the capacity to reach 1,000 candidates automatically. 'This is something that has never been possible up until now and is going to cause competition. Remote opportunities will be the driving force for talent and companies, requiring in person work, and we are going to see a lot of good talent leave,' he says.\nAlex Zekoff, CEO of Thoughtful AI, is another leader on board with the prediction that next year will be the time that smart companies adopt a hybrid model instead of enforcing return-to-work policies in 2025.'The best companies will move back to hybrid work structures,' he predicts. The best talent doesn't like to feel controlled. To build team chemistry and comradery, companies will focus on more meetups and super commuting events.'\nTom Keuten, Senior vice president and global Microsoft Alliance lead at Rightpoint, expects hybrid work to evolve with AI, re-thinking digital and in-person engagements. He proposes that as return-to-office policies in 2025 take shape and hybrid work models become the norm, AI will redefine how employees engage both digitally and in-person:\n'Tools like Microsoft Copilot are revolutionizing team collaboration by shifting from individual AI assistants to AI that supports group tasks. At the same time, in-person experiences will need to offer more meaningful engagement\u2014gathering employees with a purpose rather than out of routine,' he states. 'Companies must balance advanced AI tools that support digital collaboration with intentional, purposeful in-person experiences that foster deeper personal and professional connections.'\nJesse Murray, Senior vice president of employee experience at Rightpoint, is in alignment that companies will need to customize AI tools to enhance employee experiences. 'Recent AI-driven expansion of collaboration tool options and capabilities is creating user confusion, lost productivity and lower engagement,' Murray says. 'To address this trend of limitless options, companies will have to understand employees and personalize technologies accordingly, rather than employ something generic that will not stick. This includes integrating platforms with existing tools and systems.'\nDeborah Hanus, CEO of Sparrow, expects that a push for return-to-work policies in 2025 goes hand-in-hand with productivity decline and leave requests. \"The push for a return to office will have unintended consequences. We expect to see a rise in disability and caregiving leave requests as employees seek ways to maintain remote or hybrid work arrangements\u2014in addition to an increase in resignations as people find ways to maintain their routines with employers who support the reality of their needs to work remotely. Organizations clinging to rigid in-office policies risk alienating their workforce and losing productivity in the process.\"\nIn a more competitive labor market than ever before, many leaders insist that it's time for employers to value the needs of their employees and end return-to-work policies in 2025. And Hanus has a message for business leaders: 'If your company is the 70% that's pushing for RTO, don't be surprised by a mountain of paid leave requests\u2014or resignations,' she argues. 'Remote work lets any employee with a disability, mental health concern or a dependent achieve a realistic work-life balance.'\nOne Community. Many Voices. Create a free account to share your thoughts.\nOur community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.\nIn order to do so, please follow the posting rules in our site's Terms of Service. We've summarized some of those key rules below. Simply put, keep it civil.\nYour post will be rejected if we notice that it seems to contain:\nUser accounts will be blocked if we notice or believe that users are engaged in:\nSo, how can you be a power user?\nThanks for reading our community guidelines. Please read the full list of posting rules found in our site's Terms of Service.",
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"summary": "Doug Dennerline, CEO of Betterworks, believes that hybrid work is here to stay and predicts the death of return-to-work policies in the coming year. Felix Kim believes that in-office work is obsolete and predicts that many companies will lose talent due to strict thinking. Alex Zekoff believes smart companies will adopt a hybrid model instead of enforcing RTO policies in 2025.",
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"summary": "Elon Musk and Vivek Ramaswamy are advocating for a return-to-office policy for federal workers, claiming that only 6% of federal employees work in-person full-time, with many working from home part-time or full-time. Musk has been a vocal opponent of remote work policies, having removed such policies from his own companies.",
"how_much_related": "Good",
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"description": "In a move that has sparked controversy, a Biden administration appointee has negotiated a contract with the American Federation of...",
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"title": "Biden's Big Telework Play: Why Federal Workers Are CELEBRATING and Trump's Team Is FUMING!",
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"content": "This agreement would permit federal workers to continue their work-from-home arrangements until 2029. This development comes in the wake of concerted attempts by the Biden administration to counteract President-elect Donald Trump's initiatives to overhaul the federal workforce via his newly established Department of Government Efficiency (DOGE).\nAccording to The Post Millennial, the agreement was orchestrated by President Biden's recently resigned Social Security Administration Commissioner, Martin O'Malley. The revised contract safeguards telework until 2029, with the agency upholding its current hybrid work-from-home policies. These policies necessitate employees' physical presence in the office for two to five days each week.\nWE KNEW JAMES CARVILLE WAS NUTS BUT THIS ONE TAKES THE CAKE!\nRichard Couture, President of AFGE, communicated to union members, \"This deal will secure not just telework for SSA employees, but will secure staffing levels through prevention of higher attrition, which in turn will secure the ability of the Agency to serve the public.\"\nBIDEN'S BIG TELEWORK PLAY: WHY FEDERAL WORKERS ARE CELEBRATING AND TRUMP'S TEAM IS FUMING!\nIn anticipation of Donald Trump's inauguration next month, unions have been lobbying for the extension of existing collective bargaining agreements with federal employees. Certain union leaders are urging the current White House team to issue an executive order supporting these actions.\nJUSTICE SOTOMAYOR'S BIZARRE DEFENSE OF CHILD GENDER TREATMENTS SPARKS UPROAR!\nThe AFGE, as the largest federal worker union, along with other organized labor groups, represents over a million federal government employees. The existing durations of legally binding union contracts, which dictate terms on working conditions, can be modified or extended.\nMAYOR MELTDOWN: WACKADOODLE TIFFANY HEYNARD HAS A BIG PILL TO SWALLOW!\nIn a bid to reduce government expenditure and enhance operations, Trump has appointed billionaire Elon Musk and tech entrepreneur Vivek Ramaswamy to lead a new task force, the \"Department of Government Efficiency.\" Musk and Ramaswamy have expressed their intent to eliminate work-from-home policies and downsize the federal workforce. \"Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome,\" the duo stated in a Wall Street Journal op-ed published in November.\nSEVERAL 'CRYPTIC CLUES' WERE LEFT AT THE SCENE OF UNITEDHEALTHCARE CEO'S FATAL SHOOTING (DISTURBING VIDEO)\nWhile contract terms cannot override federal law, they can restrict the leeway of agencies in managing their personnel. Lawyers at the Department of Justice have been working with the National Treasury Employees Union to secure union recognition before Biden's exit from office. This move underscores the ongoing tension between traditional work structures and the evolving needs of a modern workforce.",
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"summary": "The agreement would allow federal workers to continue their work-from-home arrangements until 2029. The agreement was orchestrated by President Biden's recently resigned Social Security Administration Commissioner, Martin O'Malley. Trump has appointed billionaire Elon Musk and tech entrepreneur Vivek Ramaswamy to lead a new task force, the \"Department of Government Efficiency\". They want to reduce government expenditure and enhance operations.",
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"link": "https://ca.news.yahoo.com/musk-ramaswamy-eyeing-federal-remote-183700329.html",
"description": "Work-from-home policies came under fire from X and Tesla CEO Elon Musk, as he and Republican businessman Vivek Ramaswamy took their plans to reduce government waste to the floors of Congress Thursday.\u2026",
"language": "en",
"media": "https://s.yimg.com/ny/api/res/1.2/t6SEhpjipBn90mKE4BwbAQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/us.abcnews.go.com/8b55ba2705a19f75202a13239db96250",
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"title": "Musk, Ramaswamy eyeing federal remote work policies to help slash $2T from budget",
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"content": "Work-from-home policies came under fire from X and Tesla CEO Elon Musk, as he and Republican businessman Vivek Ramaswamy took their plans to reduce government waste to the floors of Congress Thursday.\nThe businessmen, who President-elect Donald Trump selected to lead an outside advisory board called the Department of Government Efficiency (DOGE), attended several closed-door meetings with GOP senators and House members to sell their plans to cut as much as $2 trillion from the federal budget of what they called waste.\n\"I think we should make sure we spend the public's money well,\" Musk told reporters between the meetings.\nMusk posted on his social media platform X from inside the Capitol about what he and Ramaswamy say is a key issue for DOGE: The number of federal employees working from home.\nMORE: Why a judge rejected Elon Musk's $50 billion Tesla pay package\nThe Federal Office of Management and Budget released a report in August that found \"as of May 2024, approximately 50% of federal workers worked every day in roles that are not eligible for telework, including those who work onsite providing healthcare to our veterans, inspecting our food supply, and managing Federal natural resources.\"\nMusk shared a new report from Sen. Joni Ernst, R-Iowa, the chair of the Senate DOGE caucus, which claimed only 6% of federal workers show up in person to work on a full-time basis. Many others work from home part-time, and roughly one-third work from home full-time, according to the report.\n\"If you exclude security guards & maintenance personnel, the number of government workers who show up in person and do 40 hours of work a week is closer to 1%! Almost no one,\" Musk posted in response to the report.\nErnst's report includes several anecdotes and alleged social media posts about federal employees who worked from home, including a Department of Veterans Affairs manager who posted a photo of himself working from a bathtub. Ernst's team included the photo in their report.\nMORE: Musk's DOGE wants to slash regulations. Workers and patients may suffer, experts say.\nThe OMB report found that \"telework-eligible personnel spent approximately 60% of regular, working hours inperson, at agency-assigned job sites.\"\nHouse Speaker Mike Johnson said he agreed with Musk's stance on work-from-home policies for federal workers and floated a claim, without any citation, that only 1% of federal workers were in their office.\n\"You will see a demand...that federal workers return to their desks. That's just common sense,\" he said at a news conference in between the meetings.\nMusk, who brought his son X to the proceedings, and Ramaswamy walked past reporters before the news conference began with Musk carrying his son on his shoulders.\nMusk has been a staunch opponent of work-from-home policies and removed such policies from his businesses, including X. He threatened layoffs for X employees who did not comply with his policy, which instructed any special requests for remote work needed to be reviewed by him before approval.\nJohnson praised DOGE's goals and said that Thursday's meetings were the first of many among Washington lawmakers.\nThe speaker dodged questions about pushback from federal workers' unions and possible cuts to social services and said he would not disclose more details about the proposed changes to the budget but stressed that the nation needed a \"leaner government.\"\n\"Government is too big and it does almost nothing well,\" he said.\nMusk, Ramaswamy eyeing federal remote work policies to help slash $2T from budget originally appeared on abcnews.go.com",
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"https://www.whitehouse.gov/omb/briefing-room/2024/08/09/omb-report-to-congress-on-telework-real-property-utilization/"
]Object
Description
ID
Unique identifier for the dataset entry.
remote_work_transition
Remote work transition associated with the event, an array
event_type
Specific type of event (e.g., remote_work_transition).
global_event_type
Generalized category of the event (e.g., Layoff).
associated_article_ids
List of IDs for articles associated with this event.
extraction_date
Timestamp of when the data was extracted.
event_date
Date of the event
company_name
Name of the company involved in the layoff.
articles
News articles associated with the event, an array
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We compute the sum of scores of all retrieved articles for each API option. As a result, NewsCatcher and Google News achieve the highest scores of 35 and 39, respectively. The other three APIs, Newsdata.io, Aylien, and NewsAPI.org, score 16.5, 30.5, and 23.5.
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