Nearly a year after he’d been laid off because of Covid, my dad – a jubilant, always-smiling, 58-year-old Michigander best known for befriending everyone he meets – told me he wanted to go back to work.
Specifically, he wanted to work at Costco.
“OK,” I said, thinking: that is weirdly particular. “You’ll need a résumé. And, God, a different email. Not that Yahoo one you’ve had since before I was born.”
“I want to work on my feet,” he told me. “I want to work somewhere that appreciates me until I can retire. Can you help me apply?”
We’d been in Florida for a week, caring for my grandparents, and I’d started waking up at ungodly hours to accompany him on his five-mile morning walk. It had been six years since I’d moved out, and I missed him. Helping him find a job felt like the least I could do.
After a year of unemployment, Dad had hunted, fished, landscaped and DIYed himself to death. He was bored. He had worked all his life – first as a newspaper delivery boy, then a grocery store clerk, an automotive plant supervisor, a janitor and, for the past decade, a materials coordinator for a local hospital, until last April, when the hospital initiated mass layoffs facing a budget deficit from Covid.
There were other places that seemed ideal to him: delivering packages for UPS or FedEx, he reasoned, meant he’d get to move around. But he’d grown up only 15 minutes from our local Costco, and had heard their reputation for treating their employees well. With no college degree and a lifetime of working thankless jobs, a big-box store offering healthcare, paid time off and a decent work culture sounded like the dream.
“OK,” I promised. “We’ll apply tonight.”
And then I opened Twitter. I fired off a few funny tweets explaining my dad had been laid off due to Covid and really, really wanted to work for Costco.
In retrospect, I probably should’ve asked my dad if it was all right to tweet his job-hunting status.
I was hoping people would get a kick out of it. At best, maybe someone might have connections to a local store. I added a few more tweets to the thread, fondly joking about needing to fix his resumé, and included a picture of him in all of his Costco-hopefulness.
And then I forgot about it.
Until I logged into Facebook, and had a message request from an unfamiliar name.
A manager of a local Costco had contacted me. The company’s chief executive, Craig Jelinek, had somehow found my dad’s tweets, emailed several Michigan stores, and suggested they bring him in for an interview.
He ran a store 40 minutes away, but, he said, if my dad wanted to work at a different location, he’d be happy to give their store manager a call.
I freaked out.
I called my dad, who didn’t answer, texted him a screenshot, and called him again. As someone who only FaceTimes by accident, he didn’t really understand why I was freaking out. The sheer ridiculousness of a random tweet making it to the desk of the Costco chief executive mostly escaped him.
“Dad,” I said. “This is nuts. They’re going to hire you.”
“Maybe,” he said. “I’m not sure. But I’ll keep my fingers crossed.”
The next day, while jumping between meetings and client work, I refreshed my phone obsessively. When I got a text from my dad, I leapt on it, hoping to hear interview news. He had an interview.
“And do me a favor,” he said. “Don’t put that in a tweet.”
I laughed and promised I wouldn’t.
He called me after, bubbling over with excitement. It’d gone well, he thought. He was impressed by the fact that many of the staff had stayed on for years. He told me – somewhat maddeningly – that he’d avoided the subject of the tweets because he “didn’t want to get into all that” which was Dad-speak for “I am still very confused by that part, so I figured I’d best leave it alone”.
I congratulated him, and in his trademark style, he said: “Well, I might not get the job. But at least I tried.”
They called him in for a second interview, and then we heard nothing. But last Tuesday, a text from my dad popped up from my phone. It was just a picture, and the words: thank you. A picture of his new Costco badge.
He’d been hired part-time, starting in two days. I asked his permission to share on Twitter.
“Sure,” he said. “Not sure why people would care, though. It’s just a job.”
The social media explosion that followed was surprisingly pleasant. Some expressed that their parents had also, after a lifetime of working, found joy in working for big-box stores where they had the freedom to move around and talk to customers. A few hundred informed me the story made them cry. Some asked for his walleye fishing spot. (They’re out of luck, because he won’t even tell me.)
Mostly, after a nightmare year of record unemployment rates and unprecedented grief, it seemed people were just happy to share in a moment of weird, collective joy on a website often aptly described as a cesspool.
During his break on his first day, he called to tell me it had gone well. He liked his co-workers, and was looking forward to having a job working on his feet. The past year has not been a kind one to my family; like many, we didn’t emerge from the pandemic without the loss of loved ones. It’s a gift to have this odd, wonderful, weird spark of joy amid a time of grief and chaos.
It’s extra lovely that it happened to my dad.
Before he went back to work, Dad had one more detail for me. He laughed as he said it. He said towards the end of his first shift, during a tour of the store, a bakery employee had off-handedly mentioned: “I wonder when they’ll hire the Twitter guy.”
To my dad’s utter delight, he got to say: I am the Twitter guy.
More recently, Cotter placed third in this year’s Ideate Ireland business competition, which rewards entrepreneurial skills and new ideas from undergraduate and postgraduate students. He shared his third-place prize of €5,000 with Dr Fiona McGillicuddy and Dr Rachel Byrne of MetHealth.
Earlier in the year, Cotter Agritech participated in the inaugural AgTechUCD Agccelerator Programme, which was dedicated to early-stage agritech and food-tech start-ups. At the end of the 12-week programme, Cotter Agritech was named the winner of the AIB and Yield Lab AgTech Start-up 2022 Award, winning €10,000.
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The EU has moved to rein in the “wild west” of crypto assets by agreeing a groundbreaking set of rules for the sector, adding to pressure on the UK and US to introduce their own curbs.
Representatives from the European parliament and EU states inked an agreement late on Thursday that contains measures to guard against market abuse and manipulation, as well as requiring that crypto firms provide details of the environmental impact of their assets.
“Today, we put order in the wild west of crypto assets and set clear rules for a harmonised market,” said Stefan Berger, the German MEP who led negotiations on behalf of the parliament.
Referring to the recent slump in cryptocurrency prices – the total value of the market has fallen from $3tn (£2.5tn) last year to less than $900bn – Berger added: “The recent fall in the value of digital currencies shows us how highly risky and speculative they are and that it is fundamental to act.”
The markets in crypto assets (MiCA) law is expected to come into force at about the end of 2023. Globally, crypto assets are largely unregulated, with national operators in the EU required only to show controls for combating money laundering.
Cryptocurrency is the term for a group of digital assets that share the same underlying structure as bitcoin: a publicly available “blockchain” that records ownership without having any central authority in control.
The sector’s supporters have said it represents a good investment because, for instance, it carries low fees and, unlike conventional currencies, is not tied to governments. Nevertheless, its detractors say a lack of regulatory oversight or implicit government support, because of crypto and bitcoin’s independent origins, make it susceptible to scams and wild fluctuations in price.
MiCA will be the first comprehensive regime for crypto assets in the world and will contain strong measures to guard against market abuse and manipulation, Ernest Urtasun, a Green party MEP, said.
The new law gives issuers of crypto assets and providers of related services a “passport” to serve clients across the EU from a single base, while meeting capital and consumer protection rules. Non-fungible tokens (NFTs), a $40bn market last year, are not covered by MiCA.
The EU negotiations on Thursday also focused on issues such as supervision and energy consumption of crypto assets. “We have agreed that crypto asset providers should in future disclose the energy consumption and environmental impact of assets,” Berger said.
The UK and US, two significant crypto centres, have yet to approve similar rules, although regulators in both countries have warned of the need for stronger safeguards in the sector.
The MiCA law is expected to set a benchmark for other regulatory regimes for crypto globally, although one expert said the all-encompassing nature of the EU regime might not be replicated.
Harry Eddis, the global co-head of fintech at Linklaters, a London-based law firm, said the EU had “nailed its crypto colours to the mast” with the law.
“Other jurisdictions have shown little appetite to date in following their lead in implementing such an all-encompassing regulation, although we can surely expect to see other financial services centres upping their game in regulating the crypto community, albeit in a more piecemeal fashion.”
In May, the Treasury declared it wants a regime in place for dealing the collapse of a stablecoin, a cryptocurrency that is backed by traditional assets such as short-term debt and therefore could pose a risk to the wider financial system.
Crypto assets came under pressure after the collapse of the TerraUSD stablecoin project in May, with the major US cryptocurrency lending company Celsius Network freezing withdrawals and transfers. However, the sector has also proven susceptible to wider economic factors.
These include stock market declines linked to rising inflation and ensuing increases in interest by central banks. Raising rates – a path taken by the US, UK and Swiss central banks last month – can make risky assets less attractive.
For instance, certain tech stocks, whose price can be based on expectations of strong future earnings over many decades, can be less appealing than the fixed returns on offer immediately from investments such as bonds, which become more attractive in a higher lending rate environment.
The regulatory breakthrough came as India’s central bank said cryptocurrencies were based on “make believe”. The bank’s latest financial stability report said cryptocurrencies were no more than “sophisticated speculation”.
The bank’s governor, Shaktikanta Das, wrote: “Cryptocurrencies are a clear danger. Anything that derives value based on make believe, without any underlying [value], is just speculation under a sophisticated name.”
Dundee Satellite Station’s home turf at Scotland’s Errol Aerodrome is to host an Optical Ground Station to test and demonstrate satellite quantum secure communications.
The name may sound familiar. Dundee Satellite Station Ltd. is a phoenix rising from the ashes of the University of Dundee Satellite Receiving Station (DSRS), which was axed in 2019 after more than 40 years of operations.
The Natural Environment Research Council (NERC) cut funding for the facility in 2019 and, despite protestations from the likes of NASA, the lights went out when Dundee University refused to underwrite the annual costs of £338,000. As a reminder, the Principal of the University (paid nearly £300,000 including pension contributions) departed later that year under somewhat of a cloud.
The services provided by DSRS have proven invaluable over the years, with a vast archive of data collected from satellites by its receivers available to the public and industry alike. However, and despite repeated claims from politicians of the importance of space technology to the country’s economy, it appeared to be all over.
Or not. In 2020 former staffer Neil Lonie told The Register that plans were afoot to rescue the tracking antennas and reconstruct the facility at the RAF Errol airfied. The Register took a trip to the site this year, and we were impressed by the achievement of the small team in bringing the service back online.
Station operations director Neil Lonie and technical director Paul Crawford
The story of how Dundee Satellite Station Ltd. rose from the ashes of the Dundee Satellite Receiving Station is one of ingenuity and tenacity, particularly considering the pandemic. Having made the decision to proceed, the team were able to commence commercial operations in the opening months of 2021 (the first imagery was received by the 3.7m antenna in September 2020). Fiber has since been laid to keep the satellite data flowing.
The decision to host the quantum Optical Ground Station (OGS) at Errol is further testament to the effort that has gone into the resurrection of the facility.
The system will consist of a quantum signal transmitter payload on a satellite and a quantum signal receiver attached to the OGS on the ground. A reflective 70cm telescope will be used to track the Low Earth Orbit satellite with high precision. Quantum secure communications (another weapon in the armory against cyber attacks) usually run along terrestrial fiber links, but are limited by distance. The hope is that the use of satellites will allow quantum communications to be sent securely all over the world.
The project is a joint venture between Dundee Satellite Station Ltd. and researchers at Heriot-Watt University. The Errol site, located on the bank of the River Tay, benefited from excellent sight lines and low light pollution. Having visited, we’ll have to take the researchers word for cloud cover.
There are four antennas erected so far; 3.7-meter and 2.4-meter tracking antennas and a further two 2.8-meter antennas. Upgrades, the refurbishment of a another 2.8m antenna and a pair of geostationary antenna are in the pipeline, and now the OGS telescope. Reception and transmission in VHF, UHF, L-band, S-band, X-band, Ku-band, and the ground station support options are also on tap, and also handy for Scotland’s burgeoning vertical launch industry as well as satellite tracking.
Going forwards, there are plans afoot for an additional site and power backups beyond UPS units. While the site can be mostly remotely managed, the size of the team means round-the-clock coverage is tricky and depends on the needs of customers. “The goal is to have enough staff that we can actually do 24-hour support,” technical director Paul Crawford told us.
All of which require commercial contracts and revenues. The Dundee Satellite Station has been quietly notching up customers during its first year and a half of operations, and the OGS project is a further demonstration of the determination of a team unwilling to be parted from their antennas.