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The Sy Hersh effect: killing the messenger, ignoring the message
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Jan 20, 2023 / Sundar Pichai
Letter from Google CEO to Employees: 12,000 jobs to be cut
Googlers,
I have some difficult news to share. We’ve decided to reduce our workforce by approximately 12,000 roles. We’ve already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices.
This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that. The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.
Mar 30, 2026 / Kyle Anzalone
Report: Iranian Oil Profits Doubled Since Start of War
Since the US and Israeli surprise attack on Iran, Tehran has continued to export oil that is selling at significantly higher prices. According to an analysis by The Economist, nearly all of the oil tankers currently exiting the Persian Gulf are linked to Iran. After the surprise attack on February 28, Tehran closed the Strait […]
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Mar 21, 2026 / Tyler Durden
US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply
US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply
On Thursday, Scott Bessent told Fox News that the US is considering unsanctioning Iranian oil, thereby making the 140 million barrels stuck on Iranian tankers, available to any buyer in the world and not just China, to ease the supply-chain bottlenecks that emerged after the Strait of Hormuz was blocked. In doing so, another formerly sanctioned US nemesis would be allowed free access to global markets, after Russia received a similar "temporary" permit a week earlier.
"In the coming...
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