S Pakhrin

Microsoft hosts private Sting concert in Davos hours before huge layoffs

On Wednesday morning Microsoft announced it was laying off 10,000 employees, about 5 percent of its total headcount, in response to lowered revenue and a “re-aligned core structure.” Hours earlier, dozens of Microsoft executives attended an exclusive, company-funded Sting concert outside of the World Economic Forum in Davos, Switzerland. The combination of the two events […]

Pierre Albouy/AFP via Getty Images

Elites fly to Davos via private jet to lecture climate change

At the World Economic Forum, which started Monday in Davos, Switzerland, the global business and political elite will discuss how to combat climate change, but their own private jet travel to attend the conference will cause a spike in planet-warming carbon emissions, according to a new study from Greenpeace International. The research, released last Thursday, […]