Tag Archive : LongTerm

/ LongTerm

A rendering of one of Amazon’s new buildings in Bellevue, Wash. (Vulcan Image)

“HQ’s are finished.”

That was the hot take this week from Chris Herd, founder and CEO of remote work setup startup Firstbase. After speaking with about 1,000 companies over the past six months, he estimates that many will be cutting their office space by as much as 40% to 60%. About 90% of workforces indicated that they “never want to be in an office again full-time,” he wrote.

The latest example of the trend is the news this morning that working from home will be a permanent part of the mix at Microsoft. Boosting access to talent, reducing costs, and quality of life were among the benefits of remote work cited by companies in Herd’s informal survey.

“Good thread on the future of work. I agree with him,” former Zillow Group CEO Spencer Rascoff chimed in

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LONDON (Reuters) – China’s Huawei Technologies has failed to convince British security officials that the security risks of using its products in UK national infrastructure can be adequately managed, according to a government report released on Thursday.

A government-led board that oversees the vetting of Huawei gear in Britain said continued problems with the company’s engineering and security practices meant it could only give “limited assurance” that all risks to UK networks could be sufficiently mitigated long-term.

The board – which includes officials from Britain’s GCHQ signals intelligence agency – said Huawei had only made limited progress addressing issues raised last year and it had no confidence in the company’s ability to complete a previously-announced cybersecurity overhaul.

The findings will increase pressure on Huawei, the world’s biggest maker of telecoms networking equipment, which has been besieged by repeated rounds of U.S. sanctions and allegations that its products can be used

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