Tag Archive for Business

Give Your Resume a Post-Pandemic Refresh for 2023

Give Your Resume a Post-Pandemic Refresh for 2023It is time to give your resume a post-pandemic refresh for 2023. You should make sure that your resume is focused on current job skills. To make your resume more modern, focus on current job skills instead of those that no longer are quite so relevant. Here is a list of things you should take off your resume. These obsolete skills take up space on your resume. FinanceBuzz says they may actually reduce your chances at landing a new job.

Packaging and shipping

Packaging and shippingIn the past, mail rooms that packed and shipped memo, reports and packages were important to keep business moving. In 2023 you can delete the packing and shipping skills from your resume. These have been replaced by email and online programs that can print labels and track packages.

Typing

Typing is a skill that has become ubiquitous in the modern workplace. In the past, typing proficiency was reserved for people who held positions in which typing was regularly needed. Now, most employees have computers on their desks.

Filing

FilingFiling is another office skill that computers have replaced. Files are no longer pieces of paper, to be managed, they are kept in computers. There is no need to boast of this skill.

Web browser use

Using a web browser is another skill employers assume your have. It is pointless to list web browsers such as Microsoft Edge, Firefox, or Google Chrome on your resume. Be sure to delete references to outdated browsers like Netscape or (gasp) AOL.

Data entry

College degreeWith the rise of technology in the workplace, most workers have some understanding of basic data entry.  You can skip mentioning proficiency related to data entry unless the job requires you to add large amounts of information to a database. In that case, mention a specific database entry program you understand thoroughly.

Online research

In 2023, online research can come off your resume. Online research is another universal skill for most workers. Most workers know how to use online search engines like Google or Bing to find the information they need. Save the space on your resume for more relevant skills.

Email

EmailIt used to be that understanding how to write, send, or receive emails was a new concept, but that’s obviously not the case anymore. You can also remove any references to your work with Microsoft Outlook, as well as web-based email such as Gmail.

Computer languages

You might have experience with multiple computer languages, but it’s probably better to limit your resume to mentioning languages specific to a job opening. Some computer languages are outdated now, so adding them to your resume might make you appear out of touch with today’s technology.

Microsoft Word

Microsoft officeMicrosoft Word has become so prevalent in the workforce that employers assume you know it already. Adding it to your resume might be seen as unnecessary bloat. Word isn’t the only ubiquitous application. You can remove other Microsoft applications such as Microsoft Excel and PowerPoint from your resume.

Your address

City and state are really as granular as you need to get. These days, it can be dangerous to include anything more. “You don’t need everybody in the world knowing exactly where you’re living,” says CNBC. “A lot of people consider it a security concern, either for identity theft or because you don’t want someone showing up at your house.”  

College degree

College degreeDon’t overemphasize your degree. Harvard says employers might not be as interested in your college degree as they once were. Did you major in a field that doesn’t have much relevance to your current position? Did you graduate more than a decade ago?

If you’re an older worker and want to keep your college degree on your resume, remove your graduation date. Instead, highlight recent certification programs or continuing education classes that are relevant to your most recent positions.

 

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

6 Things to Never Save on Your Mobile Phone

6 Things to Never Save on Your Mobile PhoneTwo out of every three people are addicted to their mobile phone. The average user touches their smart phone 2,617 times a day. It is no wonder that most people view their cell phone as detailed summary of their personal life. This convenience comes at a price. A recent from report from Kensington found that 70 million smartphones are lost each year, with only 7 percent recovered.

dangerous to your privacy and your walletThere are things you should never store in your cell phone. Readers Digest says that keeping valuable info on your mobile is dangerous to your privacy and your wallet. You open yourself up to an invasion of privacy, identity theft and straight-up theft. Here are some things you should not keep on your phone.

Your passwords

If you keep your passwords on your mobile, you are putting you privacy at risk. Even if you keep them in a note, a document or even in auto-fill on your mobile, you’re putting your data at risk. The article says if you lose your phone, someone might easily see your “cheat sheet.”  Because everyone snoops through mobile phones. Even if you store your passwords on your mobile phone they can end up stored in the cloud, still putting your accounts at risk. Instead consider a password manager such as Keeper, or LastPass. That way all of your passwords can be accessed by you using one strong master password.

Your face and fingerprints

don’t use biometrics to open your phoneIf you really want to keep your cell phone secure, don’t use biometrics to open your phone (or any of its apps or accounts). There are many reasons why biometrics like fingerprints don’t make you more secure. Facial recognition apps are more dangerous that using a password. The author says the simple fact is that a phone that requires a password to unlock it requires more steps to unlock. That makes the mobile phone more secure.

Your private photos and videos

You may have cleaned up your Facebook account, but what about your phone? What photos and videos do you store on your phone? If you have photos you wouldn’t want your spouse, children, or boss to see, then you shouldn’t store those photos on your smartphone according to the article. Media stored on your phone is saved in the cloud outside of your control.

Your naughty photos are one problem. Another is any photos containing private information. While photos of credit cards and ID can help you keep track of “what’s in your wallet,” they can also leave your information vulnerable to hacking. Again the photos are stored on the cloud. As with your naughty photos, Readers Digest suggests you store your pictures ID on a PC that only you have access to in a password-protected album.

Anything on your work phone

Do not save anything personal on an employer-provided mobileDo not save anything personal on an employer-provided mobile. There’s no such thing as a free lunch. The phone you were issued by your employer comes at a steep price: your privacy. You should have no expectation of privacy for anything you do on that phone. For your personal life the article recommends using a separate phone and phone number. One budget-minded option is a burner phone.

Your online bank account

Digital banking in the US is expected to grow from 197 million users in March 2021 to 217 million by 2025. But the convenience online banking affords—the ability to bank anywhere, anytime— comes at a cost: your privacy. Carrying your bank account with you on your phone means that you’re risking losing control of it in the event you lose your phone…or even lose track of an old phone that you no longer use they warn.

To manage the risk, you might consider avoiding doing your online banking on your phone. Instead, do it on a computer that never leaves your home. If you find that you simply must take your online banking with you wherever you go, just be sure to use a strong, unique password to unlock your banking app.

Your home address

Storing your home address in navigation app like Waze or Google Maps makes getting home from anywhere super-easy. But it can also leave you vulnerable. If a thief ends up with your phone, they can simply click on “home,” or “work,” and see what you’ve stored, and pay you a visit.

If you lose your mobile phone that are some steps you need to take according to Consumer Reports. As soon as you get your new mobile phone.

Use strong password protection on your mobile phone

Use strong password protectionThis is your first and strongest line of defense. You need a strong password, because one that’s easy to guess could unlock your phone and allow someone to override the biometric safeguards.

Skip the simple 4-digit PIN and instead create a strong password that contains a string of at least eight characters that include some combination of letters, numbers, and special characters that don’t form recognizable words or phrases, especially those that could be associated with you.

Password protection comes with another safeguard according to Consumer Reports. After several unsuccessful tries to enter a passcode, some phones will lock your device for a short period of time. This slows down attempts to access your phone. There’s also a setting on the latest Android phones that automatically erases all of your personal data after 10 unsuccessful log in attempts. Here’s how to activate it. Go to:

  • Settings | Lock Screen | Secure Lock Settings | and toggle the Auto Factory Reset option to switch it on. (The labels may vary slightly on other Android models.)

Enable location tracking

You must turn on the global positioning settings (GPS) in order to find a missing phone on a map. To enable this setting on an Android phone go to:

  • Settings | Security | Find My Device and toggle Find My Device.

Back up your photos and videos

Consider using a carrier-neutral service to back up your mobileConsider using a carrier-neutral service to back up your mobile. Apple’s iCloud or Android’s Google Drive may make it easier to retrieve your memories should your next phone be from a different carrier. Phone carriers, phone makers, and operating systems also offer free over-the-air backup for photos, settings, and more. These options can limit you if you select a new carrier for your next mobile phone.

Write down your phone’s unique ID number

Smartphones have a unique serial number known as an IMEI (International Mobile Equipment Identity) or MEID (Mobile Equipment Identifier). Unlike other information stored on the phone’s removable SIM card, these numbers are etched into its circuits and are difficult to alter. Your carrier already has this number and can use it to put the phone on a missing phone list. Some police departments ask for either of these numbers when you report a stolen phone. With the numbers they’ll be able to return a phone to you if it’s recovered. To find your phone’s unique IMEI or MEID number, use any of the following steps:

  • Dial *#06# from your phone. The number may pop up on your screen.
  • On an Android phone go to: Settings | About Phone. The number should be on that screen.

After the phone is gone, the sooner you act, the better your chances of retrieving your phone and securing your data. Here are key actions to take according to CR.

Seek and (possibly) destroy your mobile phone

erase the data on yourphoneIt is important that the minute you learn your phone is missing, you send it commands you think are appropriate. Time is of the essence because these next steps requires your phone to be on and have some battery life left.

As soon as possible, call or text your phone from another device. That might be all it takes if your phone is just misplaced nearby.

Then log on to your Find My Phone service from a secure device. For an Android phone, go to Google’s Find My Device in a browser. Use the service to make your phone play a sound. You can also lock the screen and display a message for someone who finds your phone. An honest person may come across your device and notify you via the contact info on the screen. If you think the bad guys have your phone, you can erase the data on it using Find My Device.

Report the Loss to Your Service Provider

Inform your mobile carrier that your phone has been lost or stolen. It can suspend service to prevent anyone from using the device on its network. They may also mark the phone as unusable even on a new carrier or with a different SIM card. Note that your device will still be usable over WiFi. You can notify your provider by going to one of its stores, calling, or logging on to its website.

  • AT&T: Call 800-331-0500 or go to AT&T’s Suspend page.
  • T-Mobile: Call 800-937-8997 or go to My T-Mobile, and in the My Line section click on your device name to find the Report Lost or Stolen option.
  • Verizon: Call 800-922-0204 or go to the Suspend or Reconnect Service page in My Verizon and follow the prompts.

Change Your Important Passwords

Once you realize your phone is in danger, go to a secure PC,  log in to every account you had on your phone (banking, shopping, email, etc.) and change your passwords. Start with your email account. Then change the financial and shopping accounts that have your credit card on file, such as Amazon or your bank. Next move on to social networks. If you’ve set up a password manager, this task will be easy.

Report the Loss to the Police and File an Insurance Claim

Notify the police. This not only launches an official recovery attempt but also helps speed up the process of making an insurance claim (if your covered). You might also need a police report to dispute fraudulent credit card charges, and some credit card issuers will reimburse you for a stolen phone.

Wipe your mobile phone anyway

malicious app or spywareIf you recover your phone You never know what malicious app or spyware someone may have installed while the phone was out of your hands. To be on the safe side, reset the phone to factory settings. If you see an option to erase everything, make sure you select it. Before you nuke the phone, check your backups to make sure that you have copies of all the photos and videos that were on your phone.  On an Android phone, go to:

  • Settings | System | Advanced | Reset Options | Erase All Data (factory reset).

 

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

 

What If All The Ice on Earth Melted

What If All The Ice on Earth MeltedScience Insider gives us a look at a world where all the ice on Earth melted. This should be a dose of reality to the 53% of Americans who believe global warming will not harm them. The video shows the dire future of our planet as the oceans shallow major cities across the globe.

 

The encyclopedia Britannica says that global warming is the increase in the global average surface temperature resulting from the greenhouse effect. The greenhouse effect is caused primarily by air pollution. In 2007 the UN forecast that by 2100 global average surface temperatures would increase up to 7.2 °F. The UN is 90% certain that most of the warming observed over the previous half century could be attributed to greenhouse gas emissions produced by human activities.

Polar ice caps and mountain glaciers melt

Many scientists predict that such an increase in temperature would cause polar ice caps and mountain glaciers to melt rapidly. This will cause significant changes to the Earth. The changes include raising sea levels, and new patterns and extremes of drought and rainfall. These changes will seriously disrupt food production in certain regions.

How you can help Ukraine!

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

How to Buy a Non-Fungible Token

How to Buy a Non-Fungible TokenCNN reports that a new record price was paid for bottle of Champagne. The bubbly sold at auction for $2.5 million, making it the most expensive bottle of wine ever sold. The record setting magnum of Chateau Avenue Foch, 2017, comes with a bonus. For $2.6 million the owners also got a single non-fungible token (NFT). The NFT is for the rights to an image of “Bored Ape Mutant” and other cartoon figures that decorate the bottle.

What is a non-fungible token

What is a non-fungible tokenNon-fungible tokens (NFTs) are the latest cryptocurrency phenomenon to go mainstream. NFTs claim to transform digital works of art and other collectibles into one-of-a-kind, verifiable assets that can be traded on the blockchain. Sales of NFTs have been driven by celebrity endorsements, Online characeters like Elon Musk and Lindsay Lohan have pushed the NFT market to $41 billion in sales to 2021.

Non-fungible tokens are cryptographic assets on a blockchain with unique identification codes and metadata. These traits distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. This differs from fungible tokens like cryptocurrencies, which are identical to each other and, can serve as a medium for commercial transactions.

How to Buy NFTs

How to Buy NFTsTo get into the highly speculative non-fungible token market, you will need to do some work before you can own an NFT.

  1. Set up a digital wallet that allows you to store NFTs and cryptocurrencies.
    2. Purchase some cryptocurrency. Eth, on the Ethereum network is the most popular cryptocurrency to buy NFTs. You can buy cryptocurrency using a credit card on platforms like Coinbase or PayPal.
    3. Move your cryptocurrency from the exchange to your wallet.
    3. Start shopping at non-fungible token marketplaces. NFT marketplaces are platforms that host thousands of non-fungible tokens creators and collectors.

NFT marketplaces

Foundation is a community-curated marketplace. It requires non-fungible token creators to be invited by other creators who are already part of the platform. 

Nifty Gateway is an non-fungible token marketplace with plans “to make NFTs accessible to everyone.” They work with big-name brands, athletes, and creators to create limited-edition digital art collections exclusive to the platform.

OpenSea.io is one of the first NFT marketplaces. It bills itself as  the “largest NFT marketplace.”

Rarible is a community-owned non-fungible token marketplace.  The platform focuses on art assets. It uses the RARI cryptocurrency issued on the platform.

The high profile NFT craze is attracting scammers. Some may try to sell you an non-fungible token when it’s not. Others may claim they have the right to sell an NFT they don’t own and didn’t create.

You have been warned.


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CNN reports that the Champagne was bought by Italian  cryptocurrency speculators. Despite their crypto profile, the purchase was made in dollars due to the recent cryptocurrency implosion. The price of a Bored Ape Yacht Club token has fallen. The price fell from an all-time high in April 2022 of 153 eth ($163,000), to 75 ethereum in May 2022.

Remember that the value of a non-fungible token is based entirely on what someone else is willing to pay for it. Therefore, demand will drive the price rather than fundamental, technical or economic indicators, which drive stock prices and investor demand.

Even if you buy a non-fungible token winner worth millions, Forbes warns that NFTs are subject to capital gains taxes. NFTs are taxable just like when you sell stocks at a profit. Since they’re considered collectibles, they may not receive the preferential long-term capital gains rates stocks do and may even be taxed at a higher collectibles tax rate. 

The cryptocurrencies used to purchase the NFT may also be taxed if they’ve increased in value since you bought them. This means you may want to check in with a tax professional when considering adding NFTs to your portfolio.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.

Cryptocurrency Implosion

Cryptocurrency ImplosionThe cryptocurrency world was rocked last week. The cryptocurrency market lost $500 Billion (Yes with a B). The popular cryptocurrency Terra Luna lost 99% of its value, dragging down a so-called “stablecoin” with it. The “stablecoin” cryptocurrency TerraUSD, (UST) fell from a high of $118.00 (in April 2022), to $0.09 on Thursday (05/12/2022).

maintained by a complex mechanismTerraUSD is an algorithmic stablecoin developed by Terraform Labs out of Singapore. An algorithmic stablecoin means it does not have reserves (fiat currencies or other highly liquid assets). Instead, its value was supposed to be maintained by a complex mechanism. Its value comes from swapping TerraUSD coins with a free-floating cryptocurrency called Luna to control supply.

What is a stablecoin

The goal of a stablecoin is to offer investors a safe harbor to avoid the fluctuations in other cryptocurrencies like Bitcoin and Ether. They are supposed to hold a constant value, no matter market conditions. Recently, stablecoins have  been used in international trade and as a way to avoid capital controls, according to experts. The theory behind stablecoins is try to ensure they remain in parity (peg) with certain assets. The assets can be the U.S. dollar – with one token equaling $1, for example. However that did not work for TerraUSD (UST),

stablecoins try to remain in parity (peg) with assets like the U.S. dollarThe core theory to maintain its peg is as old as the dismal science. They create supply and demand. Whenever the price of UST falls below $1, traders are incentivized to “burn” their UST tokens—taking them out of circulation—in exchange for Luna. The lower supply of UST, in theory, increases the stablecoin’s price back to $1 and maintains the peg. UST was also partly collateralized by billions of dollars’ worth of bitcoin (not highly liquid).

The “algorithmic stablecoin” tanked the broader cryptocurrency market when it fell well below its theoretically fixed peg of 1 to 1 to the U.S. dollar. After losing its peg, UST traded as low as 13 cents on Friday. Luna, its sister cryptocurrency, became nearly worthless overnight after trading for $80 a week earlier. As investors saw the stablecoin dropping, they rushed to withdraw their money (an online bank run). Major crypto exchanges ultimately delisted both Luna and UST to protect consumers.

The collapse sent a tsunami thru the cryptocurrency marketsThe collapse sent a tsunami thru the cryptocurrency markets and spooked investors. Bank of America Research says it was the worst implosion since May 2021. It measures up to both the 2008 financial crisis and the dotcom crash in 2000. The entire cryptocurrency market now has a market capitalization of less than half of the $2.9 trillion it was worth in November 2021.

Bitcoin, which makes up around 44% of the crypto market, price dropped to a 90-day low of $26,350 per bitcoin. As UST fell BTC lost more than 56% from its November high of $68,990.90.

Coinbase logoCoinbase (COIN), the only major publicly traded cryptocurrency exchange, also fanned the fire. In midst of the cryptocurrency implosion, COIN warned customers that their cryptocurrency holdings could be at risk if Coinbase goes bankrupt. CEO Brian Armstrong said Coinbase issued the warning in order to comply with updated SEC guidance.

Ethereum (ETH), the second-largest cryptocurrency, dropped to a third from a November 2021 high of $4,812.09 to $1,748.30 during the UST meltdown.

Smaller cryptocurrencies were not immune to the cryptocurerncy implosion.

  • Monero (XMR) lost a third of its value during the implosion. It fell to a low of $119.30 from from a high of $457.15 set earlier in the week.
  • DogecoinDogecoin (DOGE) Elon Musk’s pet cryptocurrency fell from a high of $0.69 per coin to a low of $0.08 per coin. During the cryptocurrency meltdown It lost 88% of its value.
  • SHIBA INU (SHIB) fell to a low of $0.00001079/coin. It’s previous high set in May 2021 was $0.00008/coin.It lost nearly 93% of its record value.

So what happened?

crypto moves much more like a tech stockCryptocurrencies were once viewed as newest hedge against interest rates and inflation. However experience has proved they are far more correlated to overall markets than early adopters hoped. Crypto proponents tell us that cryptocurrencies are an uncorrelated assets. In other words, it should float freely, divorced from the rest of the market. But that is not true. Because crypto moves much more like a tech stock than it does an inflation hedge. When tech stocks tank, so do digital assets. Garrick Hileman research chief at Blockchain.com and visiting fellow at the London School of Economics said, “We see more overlap in ownership than we ever have, this kind of convergence between Wall Street and crypto.

Faulty cryptocurrency systems

The reason TerraUSD in particular went down so much is that the Terra blockchain network automatically shut down. Terraform Labs explained, the price of Luna tokens had dropped so low that it was unable to “prevent governance attacks.” That shutdown for a time prevented transactions in the algorithmic stablecoin. The company tweeted that the move was necessary to allow it “come up with a plan to reconstitute it.” Additionally, the company’s chat board posted a notice saying it had been “locked down so new people can’t come in and spread fear, uncertainty, doubt and misinformation.

Elon Musk flip flops on cryptocurrencies

Elon Musk flip flops on cryptocurrenciesThe cryptocurrency implosion follows a recent crash brought on by social media influencers. Elon Musk and Tesla made a U-turn on accepting Bitcoin as payment for its products.

Telsa bought $1.5b of Bitcoin shares, which sent the market price of both the crypto and TSLA soaring. The decision by Tesla to not accept cryptocurrency was seen by some as a ding on the credibility of cryptocurrency to compete against physical currencies. Another problem is Elon Musk’s support of Dogecoin. Dogecoin is so unstable it was off 88% from its high during the cryptocurrency implosion.

China outlaws cryptocurrency

China outlaws cryptocurrencyChina continues clamping down on non-Chinese cryptocurrencies. Recently the government blocked initial coin offerings, and warned against speculative trading. Additionally, China ordered Bitcoin mining in its Sichuan province to shut down completely and told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.

Additionally the country’s central bank, People’s Bank of China, has effectively banned digital coins after announcing all transactions of cryptocurrencies are illegal. This forced Chinese crypto miners to move to other jurisdictions that were more miner-friendly driving up coin costs.

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As we have seen a bad-timing and a number of missteps laid on top of a tumbling stock markets and war in the Ukraine caused many users to lose faith in UST and make an old fashioned bank-run on the cybercurrecny.

The Federal Reserve warned that stablecoins are vulnerable to investor runs because they are backed by assets that can lose value or become illiquid in times of market stress. A run on the stablecoin could therefore spill over into the traditional financial system by creating stress on these underlying assets, it said and we saw.

How you can help Ukraine!

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedInFacebook, and Twitter. Email the Bach Seat here.