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October 2021 - Things of Interest


Windows 11, releasing on 5 October, seems okay

EU questions Microsoft rivals over Teams integration in Office

Daron Acemoglu on The Bitcoin Fountainhead: While it is clear that cryptocurrencies are here to stay, it remains to be seen what economic role they will – or should – play

What if deepfakes made us doubt everything we see and hear?

Biden Administration works to prevent AI harms. It’s hard to keep up with how quickly data-driven technologies are transforming how we live. Alongside major advancements, challenging problems have arisen from rapid growth and lack of regulation

Duelling visions of U.S. cryptocurrency regulation

Maybe losing the AI race to China isn’t such a bad idea. A top Pentagon software official recently quit his job, claiming that the US is dragging its heels

Frustration with Big Tech does nothing to fix the China challenge

Your guide to the Third-Party Cookie – everything to know about what it is, why it’s going away, and what’s next

Donald Trump runs face first into intellectual property buzzsaw. Open-source licenses are no joke

The FCC takes key steps toward securing US tech infrastructure

Facebook again asks court to dismiss lawsuit to force sale of Instagram, WhatsApp. It says FTC fails to provide a ‘plausible factual basis for branding Facebook an unlawful monopolist’

Apple is appealing the Epic Games ruling it originally called a ‘resounding victory’ and it is likely to face a DOJ antitrust suit

How Lina Khan debunked the DOJ antitrust case against Google. FTC should resist temptation to ‘move fast and break things

Ex-intel officials claim antitrust action to break up big tech could hurt U.S. in China tech race

Epic Games opposes Apple's effort to pause antitrust trial orders

Republican Ken Buck working with Democrats for big tech regulation

Sens. Amy Klobuchar (D) and Charles E. Grassley (R) are going after Big Tech with a new bill

Should you date someone based on their music taste? A new dating app called POM (Power of Music) is matching couples by analysing the music they listen to on their phones. The start-up has more than 10,000 people and £1.5m in investment

A Korean filmmaker breaks down the themes of Netflix’s runaway hit, Squid Games, and what it reveals about Korea, especially its real-life personal debt crisis. Household debt is now equivalent to over 100% of GDP and has gone hand in hand with a dramatically widening income gap

Darryl Hall & John Oats and Nine Inch Nails mashup

And Tears for Fears are back, 17 years after their last album. The first single, The Tipping Point, is hauntingly beautiful, IMHO

The 500 greatest songs of all time, updated for the first time in 17 years

Researchers analysed 700-plus songs known to give people chills. Here’s the Spotify playlist

The unlikely fashion explosion of Squid Game. Sales of white Vans are up, and one actor's got a high-profile fashion gig. Pretty good for a show about the perils of capitalism!

Navigating data privacy legislation in a global society

In September, Last week, nine senators sent a letter to Lina Khan asking the FTC to create “strong protections for the data of members of marginalized communities, prohibitions on certain practices (such as the exploitative targeting of children and teens), opt-in consent rules on use of personal data, and global opt-out standards.” To justify immediate regulatory action in the face of congressional inaction, they said that “consumer privacy has become a consumer crisis.” Should the FTC jump in?

Related to this, the FTC’s staff report puts spotlight back on ISP data collection and use practices, suggesting more FCC re-regulation. Also, ISPs, The FTC has You in their Crosshairs

Facebook and social media endanger Americans. We need a federal data agency, says Kirsten Gillibrand, United States senator from New York. A Data Protection Agency would safeguard Americans' personal data and civil liberties.

The FCC wants to force wireless carriers to finally stop SIM hijacking. FCC rule update takes aim at rampant identity and cryptocurrency theft made possible by wireless number port-out fraud

Saudi Arabia passes its data protection law

DOCUMENT: Recommendation of the [OECD] Council on enhancing access to and sharing of data

Is the UK about to scrap GDPR?

A judge has ruled that security cameras and a [Amazon] Ring doorbell installed in a house in Oxfordshire "unjustifiably invaded" the privacy of a neighbour

Apple’s new privacy feature affecting others ad business but not its own

Social media giants face $10m fines for privacy breaches under proposed Australian government reform

This new podcast dispels the myth that data isn’t objective. Data journalist Mona Chalabi’s new podcast, ‘Am I Normal,’ explores what happens when numbers don’t tell the full story.

The great book shortage of 2021, explained. Demand for books is way up this year. Supplies are way, way down

Work by James Suzman is a study of how we spend our time

Parag Khanna on the forces creating a new geography of opportunity in Move: The Forces Uprooting Us

How to become your best self, according to science, is the premise of Katy Milkman’s book, How to Change: The Science of Getting from Where You Are to Where You Want to Be

5 Key Insights from author April Rinne are in Flux: 8 Superpowers for Thriving in Constant Change

5 new books about the future of everything

AI 2041: Ten Visions for Our Future

RIP Mihaly Csikszentmihalyi, author of "Flow" (1934-2021)

The Human Element: Overcoming the Resistance That Awaits New Ideas by Loran Nordgren (an organisational psychologist) and David Schonthal (a venture capitalist) is a resource for innovators who want to get their ideas to lift off, and then stay in flight, by looking beyond the hype and curbside appeal of their pitch, and into the details of why enticing offers and products often become crashed failures

McKinsey never told the FDA it was working for opioid makers while also working for the agency

M&A activity is surging again. How one approach to M&A is more likely to create value than all others

Welcome to Britain, the bank scam capital of the world

The Commodity Futures Trading Commission (CFTC) announced Thursday that it has paid nearly $200 million to a whistleblower, the agency's largest-ever award for a single individual

FATF, the global money laundering watchdog says uh, yeah, better regulate cryptocurrency. Focused on curtailing financial crimes, it has published a new report suggesting the need for additional strictures on digital currency

The key to regulating digital platforms. Europe must leverage the tools it already has to ensure transparency and fair competition

Big tech earnings may be another test for global markets. Companies representing 46% of S&P 500’s market value due to post results. Move over Apple, Microsoft now the world's most valuable company

Many firms are rolling in dough. Wouldn’t it be nice if they would pay it forward, literally?

Breaking the code: Unlocking digital and analytics at scale for consumer goods

A digital market regulator fit for the digital age

Jeff Bezos in talks to back Indonesian e-commerce Ula

Amazon will spend billions to minimise impact on shoppers and sellers during the holidays – no supply chain crisis is going to stop the company from delivering the gifts you want this year, even if it has to shell out the big bucks.

Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

E-Commerce brands look to reputation management to boost sales

Open-source e-commerce: The next wave of value for the enterprise

The Nobel Prize in Economic Sciences 2021 goes to half David Card, University of California, Berkeley, USA, “for his empirical contributions to labour economics” and and the other half jointly to Joshua D. Angrist, Massachusetts Institute of Technology, Cambridge, USA, and Guido W. Imbens, Stanford University, USA, “for their methodological contributions to the analysis of causal relationships”. See also “3 US-based economists win Nobel for research on wages, jobs

OECD’s Ruben Maximiano and Lorena Giuberti Coutinho on Trade and Competition: Best Friends Forever?

A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today's economy

Economies of the future. While long-accepted principles of free trade face populist challenges, transformative new ideas are emerging. How will capitalism and currencies look a decade from now? Can we save the planet and eliminate poverty?

The economy is a doughnut, says Kate Raworth

Billionaire wealth (collectively $2.1 trillion richer than before the pandemic), U.S. job losses, and pandemic profiteers…see the article on inequality.org. Can billionaires save the world?

How much does discrimination hurt the economy?

Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful. Here’s a simple guide. Pakistan's Imran Khan pledges to 'investigate wrongdoing'

Pandora Papers show the value of financial transparency, the critical role of whistleblowers – and the need for additional regulation

The success of Indonesian President Joko Widodo deserves wider acclaim and appreciation

Trade agreements and trade resilience during COVID-19 pandemic

Man Jailed for 25 Years in Dubai over small amount of CBD vape oil

‘Dictating what is Indian’: backlash over Urdu phrase in fashion advert. Fabindia brand ad taken down after BJP claims use of Urdu was offensive to Hindu majority

Adam Tooze trains a historian’s eye on the fragilities and strengths of our global systems

Asia’s consumers on the move: The future of mobility

A covid pill could drastically reduce the risk of becoming seriously ill with Covid-19

Moderna has become the world's vaccine boogeyman

Want to add healthy years to your life? Here’s what new longevity research says.

The Coronavirus pandemic in the US in 60 seconds

The U.S. government wants to bolster its tech, starting with workers

Do you really want that promotion? Many powerful forces push high-performers into bigger jobs. But is that always the right move?

Strategy for a digital world. A winning digital strategy requires new twists to familiar moves

Future-proofing the organisation the ‘helix’ way: separating the company’s people leadership from its product lines improves both

McKinsey says that fast-growing companies spend 2.6 times more than slower ones on intangible assets like brand, skills, and knowledge

A transactional approach to power. Focusing on resources, not people, can help leaders avoid power’s worst pitfalls

BCG on How to Prepare for the Future of Work. Yesterday’s models can’t handle today’s challenges. Businesses won’t survive without a bold new approach for tomorrow

Forget the ladder. Here’s a better framework for your professional journey

American workers are fed up (no, not in the food sense)

Scientists who discovered how our bodies feel hugs and heat win Nobel Prize. The Laureates identified the missing links in scientists' understanding of senses and their relation to the environment

And here’s looking back at the remarkable history of the Nobel Prize from 1901-2021 using maps, charts, and tables

How does your personality type affect your income?

Plug-in cars are the future but the grid isn’t ready. By 2035, the chief automakers will have turned away from the internal combustion engine. It’ll be up to the grid to fuel all those new cars, trucks, and buses

Nonetheless, McKinsey says the promise of electric vehicles (EVs) at scale seems increasingly tangible

Read the Declaration of Enchantment: we cannot live for even a moment without some movement of imagination in mind and body

How to silence the “Impostor Syndrome

You don’t like Netflix but you won’t cancel your subscription…here’s why

A new type of resignation letter?

The world’s most influential values

How much do your friends affect your future? And how can we break our addiction to contempt?

Linda Evangelista lawsuit shows the dangers of plastic surgery — and denying aging. Botched plastic surgery is the most tangible evidence for why aging naturally is a healthier option, not just physically but emotionally

The Nobel Peace Prize goes to journalists in the Philippines and Russia. "I hope today's Nobel Peace Prize 2021 award will remind the authorities in the Philippines, Russia and around the world of the need to respect journalists and journalism," said Ressa, who faces multiple criminal charges in the Philippines and has been prevented from leaving the country. Duterte announces retirement from politics

William Shatner is going back to space. “What you have given me is the most profound experience,” an exhilarated Shatner told Bezos

Speaking of Bezos, he may have lied to Congress and members of the House Judiciary Committee said they were considering referring the firm "for criminal investigation."

The Forbes 400 ranks the richest Americans. Bill Gates drops to number 4

Five past tech whistleblowers on the pitfalls of speaking out. Frances Haugen joined a growing list of Silicon Valley former employees to call out company policies

Actress and neuroscientist Mayim Bialik on the surprising risks of academia and stability of show biz

'Why is the Indian PM's photo on my Covid vaccine certificate?'

Facebook, WhatsApp, Instagram suffer worldwide outage as cause remains unclear. Billions of users were unable to access Facebook, Instagram, and WhatsApp for hours while the social media giant scrambled to restore services. Twitter became the king of social media when they crashed. Locked out and totally down, Facebook’s scramble to fix a massive outage. What went wrong and why did it take so long to fix after social platform went down? When Facebook went down this week, traffic to news sites went up

Facebook whistleblower reveals identity, says Facebook chooses 'profit over safety.' Facebook put profit before reining in hate speech. Making Facebook safer means less money

Facebook’s whistleblower tells Congress how to regulate tech. Frances Haugen’s testimony offers a path forward on how to address Facebook’s harms

Facebook 'operating in the shadows', says whistleblower as US lawmakers demand probes but the dangers of lawmakers’ contradiction and confusion on Big Tech are problematic

Facebook has just suffered its most devastating PR catastrophe yet

Facebook is having a Big Oil moment. As they’ve done with fossil fuels and tobacco in the past, lawmakers have set their sights on the social network

Why this Facebook scandal is different. Internal evidence shared by former Facebook product manager Frances Haugen shows Facebook has known — but ignored — the harm it causes. She will be in London to give evidence to UK Parliament on 25 October

Mark Zuckerberg hits back at Facebook whistleblower claims. Frances Haugen’s testimony that social networking company puts profit before people ‘just not true’

The SEC has been asked to probe whether his iron-fisted management style, described in newly released documents and by insiders, led to disastrous outcomes

Facebook was losing popularity with teens and young adults. It didn’t reveal this finding to its investors

Is Facebook the tobacco industry of the 21st century?

Is Facebook fixable? Sandeep Vaheesan on the underlying problem of surveillance advertising

Algorithms should be 'broadly' regulated with more transparency. “We can’t make all of these decisions and provide all these societal solutions on our own," said Nick Clegg, vice president of global affairs.

Facebook falters — but is regulation the answer?

Nick Clegg frantically trying to save Face(book). He took a damage-control tour over the weekend, as the whistleblower testimony continued to rattle the company inside and out

And Saturday Night Live covers the Facebook hearings

Facebook the target of new reports from NBC, the NYT, CNN, and Bloomberg drawn from documents provided by former employee Frances Haugen. The documents show that the company knew of the harms it caused but failed to address them

10 shocking revelations from the Facebook Papers. Thousands of internal documents leaked by Frances Haugen have inspired a bonanza of reporting on the beleaguered social media giant. Here’s what you may have missed

The Facebook Papers may be the biggest crisis in the company's history

And if you’re finding it hard to keep up with all the Facebook stories, go here

Facebook's own data is not as conclusive as you think about teens and mental health

Disturbing: Teachers come after TikTok and Facebook over 'devious licks.' Educators insist the "trends" are not alright, and social media is to blame

Facebook to change rules on attacking public figures on its platforms

Facebook disputes report its AI has little effect on hate speech. A Facebook exec says that hate speech on the platform has declined 50% in recent quarters. But in India, Facebook grapples with an amplified version of its problems. Internal documents show a struggle with misinformation, hate speech, and celebrations of violence in the country, the company’s biggest market

Facebook’s First Amendment rights complicate Section 230 debate

Wall Street doesn’t care about the Facebook leaks – its numbers are doing fine for now — but Mark Zuckerberg does as its reputation is not. “Good-faith criticism helps us get better. But my view is that what we’re seeing is a coordinated effort to selectively use the leaked documents to paint a false picture of our company,” said Zuckerberg. “The reality is that we have an open culture, where we encourage discussion and research about our work so we can make progress on many complex issues that are not specific to just us.”

Former members of Facebook’s integrity team share details on how it works, setting up an Integrity Institute to help other tech companies

Zuckerberg announces fantasy world where Facebook is not a horrible company. And Facebook changes its company name to Meta. Tech giant says the change would bring together its different apps and technologies under one brand – its new mission is to invent a ‘metaverse’ that will make us all forget what it’s done to our existing reality. Meta Platform’s shares rise as Facebook rebrands to focus on the metaverse. Rebranding comes in the wake of criticism over policing of market power, algorithmic decisions, and abuse of service

These emoji mean different things in different countries

And fictional influencers are a thing…One tech company has created a slate of scripted influencers, each with their own storylines. But how is anyone supposed to tell the difference between what’s real and what isn’t?

Speaking of influencers, AOC has spent millions on Facebook ads, despite comparing the social network to cancer

A survey by the Harvard Kennedy School’s Institute of Politics in March found that 36% of young Americans classify themselves as politically active compared to only 24% in 2009

Florida sheriff's department uses Facebook to find 'rightful owner' of $2 million in weed, offering to throw in an all-expenses-paid "staycation" for the owner to thank them and so they can "reflect for a while on exactly how much your lost property means to you!!" Hilarious!!!

This is interesting: The economist’s guide to parenting: 10 years later.

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