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Facebook is as bad for your health as smoking, say tech experts, who think the cure is breaking up the social network https://read.bi/2Hr9sLH Reuters
DAVOS — Nearly a year ago to the day, tech billionaire Marc Benioff chose the World Economic Forum's Annual Meeting in Switzerland to tear into Facebook. Speaking to CNBC, the Salesforce CEO said Mark Zuckerberg's social network should be regulated by US lawmakers with the same vigour as the cigarette industry. It's a theory he has since built on a number of times, perhaps most vividly in November, when he told tech journalist Kara Swisher: "Facebook is the new cigarettes. It's addictive, it's not good for you, there's people trying to get you to use it that even you don't understand what's going on." Since then, Facebook has continued to be used as a tool for democratic interference and has been at the centre of giant data scandals, not least the Cambridge Analytica breach. And the people Benioff credits with helping him arrive at his opinion are more convinced than ever that Facebook is as bad for people as smoking, and action is needed. Jim Steyer, the founder of Common Sense Media, which lobbies for better protections for children online, was one of the people Benioff spoke to before rounding on Facebook. "We believe there are huge issues around addiction, attention, and distraction caused by social media platforms," he told Business Insider. "Last year was a tipping point moment in the relationship between tech and global society. The emperor was shown to have no clothes, meaning Facebook. And Facebook and others were exposed for the fact that they committed assaults on our democratic institutions." Rob Kim/Getty Roger McNamee, an early Facebook investor and former mentor to Zuckerberg, was another who discussed the tobacco analogy with Benioff. He told Business Insider: "Marc Benioff has chosen to look at this through the lens of public health, which, in my opinion, is the exactly the right starting point. "The incentives to manipulate attention are all about preying on the weakest elements of human psychology. It’s no longer enough just to know a lot about us, the goal now is to change what we think and what we do." Steyer added: "The cigarette comparison was awesome in my opinion because the average person gets it ... There needs to a global conversation about this, and there needs to be common sense regulation of the tech companies." A break up could be the cureThe Common Sense Media CEO was involved in drawing up new privacy laws in California and was in Brussels, Belgium, last week to talk to lawmakers about GDPR and other tech regulation. "Now people realise there has to be a balanced approach to tech. The idea that they will protect the public interest and self-regulate is folly. You need a much more public interest-orientated approach," he explained. McNamee thinks the power of companies like Facebook, Google, and Amazon should be curbed. In a piece for Time magazine ahead of the release of his book next month, he suggested stopping them from making acquisitions and preventing data sharing between subsidiaries. "The economy would benefit from breaking them up," he added. Steyer agreed. He said: "Maybe they should be forced to divest of Instagram and Facebook. [A breakup] would not be a bad idea at all. Let them concentrate on their core business." Facebook declined to comment. COO Sheryl Sandberg told the DLD conference in Munich on Sunday that Facebook is open to working with regulators and is striving to improve. "We need to stop abuse more quickly and we need to do better to protect people's data. We have acknowledged our mistakes," she said. NOW WATCH: Apple forever changed the biggest tech event of the year by not showing up See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 02:57AM
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The 10 most important things in the world right now https://read.bi/2U8j93h (Photo by Anthony Devlin/Getty Images) Hello! Here's everything you need to know on Wednesday, January 23. 1. The record-long US partial government shutdown could be about to box President Donald Trump into his worst nightmare. Trump may have to choose between his border wall and the US economy. 2. Now tech giant Oracle is in the crosshairs. The US Labor Department says Oracle has underpaid women and minority workers to the tune of $401 million. 3. What is Trump's lawyer Rudy Giuliani thinking? No one knows, but plenty of people are asking. 4. A leaked secret presentation reveals details about how the British might react to a no-deal Brexit. It looks like it will be inconvenient. 5. China reportedly made a new app for its dystopian 'social credit' system. This one will alert the user if they're standing near someone in debt. 6. The head of the US Coast Guard is no fan of the partial government shutdown. In a fiery condemnation, Admiral Karl Schultz says some of his team have had to rely on "food pantries and donations," just to get by. 7. Apple, always on the lookout for the next big thing, has made a bold climate-change prediction. The tech giant says disasters could increase demand for its iPhones. 8. This transgender Navy SEAL calls 'bulls---' on team Trump. Bronze Star recipient, Kristin Beck says transgender soldiers are every bit as lethal as other soldiers. 9. It could have been any old day as a crisp Cristiano Ronaldo smiled and signed autographs. It was moments after the maestro copped a near $22 million fine and a 22-month suspended jail term over tax fraud. 10. Exactly one year ago, the founder of the world's biggest hedge fund predicted that people holding cash would 'feel pretty stupid.' He was wrong. This is why. And finally ... Here are the 11 cruelest 2019 Oscar snubs that have us shaking our heads »NOW WATCH: North Korea's leader Kim Jong Un is 35 — here's how he became one of the world's scariest dictators See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 02:45AM
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Jeremy Corbyn, Tony Benn, and me: The man who invented left-wing Euroscepticism tells us why he thinks Corbyn really favours Brexit https://read.bi/2sF1lRA John Mills / JML
LONDON — If you have been baffled by Labour party leader Jeremy Corbyn's Brexit tactics recently, you are not alone. Officially, Labour's policy is to demand the impossible: to leave the EU but retain the benefits of the Single Market and the Customs Union. Failing that, Labour wants to force a general election, in the belief that Corbyn can replace Theresa May as prime minister and get a better deal than the one she has put before parliament. And failing that, the party's line is to call for a second referendum or a "people's vote." But Corbyn has not built a majority in parliament — or even among his own party MPs — for any of these policies, even though May's plan has been defeated. His performance has left some questioning his motives. Some suspect Corbyn quietly favours Brexit more than May does. (She voted Remain; some people say he might not have even though he says he did). Corbyn's critics believe he would be pleased if Britain left the EU without a deal because it would free the country from Europe's laws on "state aid," which place certain limits on the powers of governments to nationalise industries or companies. Labour is committed to nationalising Britain's rail, energy, water and mail companies. What if Corbyn's "ineffectiveness" at toppling Prime Minister Theresa isn't a weakness but a strategy?If you believe this scenario, then Corbyn's "ineffectiveness" at toppling Prime Minister Theresa isn't a weakness, it's a strategy: He wants May to handle the unpopular details of Brexit. The exit from the EU will inevitably be economically damaging. Let May take the blame for the mess, so Labour can step in as a new government with a socialist program unfettered by the bureaucracy of Brussels. I discussed this scenario recently with John Mills, the former chair of the pro-Brexit Labour Leave campaign. Mills has some insight into Corbyn's thinking because both of them circled in the orbit of the late socialist Eurosceptic MP Tony Benn, who was a huge influence on Corbyn's thinking. Significantly, Mills has spent 40 years campaigning for Britain to leave the EU, after first developing a distaste for what used to be called the "European Economic Community" in the early 1960s. "I think Jeremy Corbyn is still rather in that frame of mind," the 81-year-old says. "I think it was one which was shared by Tony Benn. Tony Benn was particularly exorcised about lack of democracy in the European Union, and that's another theme that has been running through the left critique of it." The roots of the theory go back to the early 1970s, and Corbyn's alliance with Benn, the legendary, charming, left-wing Labour MP who was a cabinet minister in the Labour governments of the 1960s and 1970s. Corbyn's support for Benn became historically important in 1981, when Corbyn worked for Benn's campaign to become deputy leader of the Labour party. Benn lost by a margin of less than 1% of all votes cast. Corbyn was only 32 years old, and not yet an MP. It is not a stretch to think that the experience must have taught Corbyn that electing an unapologetically socialist Labour party leader was, under the right circumstances, only a hair's breadth away. (Also working on that campaign was a young activist named Jon Lansman. He is now 61, and better-known as the founder of Momentum, the left-wing insurgent group that organised 69-year-old Corbyn's successful bids for the Labour leadership in 2015 and 2017, fulfilling the Bennite promise 34 years later.) Benn "was a slave in chains in Brussels, and I loathed it when I saw what it was about"John Mills / Ferran Paredes / Thomson Reuters Benn was a famous Eurosceptic. He told biographer Jad Adams that as a minister he "was a slave in chains in Brussels, and I loathed it when I saw what it was about." Benn died in 2014, aged 88. In an effort to understand the roots of Corbyn's Euroscepticism — and the difficulty he now has running a party whose members are probably 88% in favour of the EU — I looked for some old speeches by Benn. In this one, from about 2008 when Benn was 82, Benn makes a strong case that the EU is "absolutely undemocratic" because it is run by commissioners who aren't elected. He then — at the 9.40 mark — pays tribute to John Mills, who is sitting beside him on the platform. "John's reports are brilliant. I don't know if you collect them but I've kept every one he's ever written. I'm going to publish the collected works of John Mills one day because it sets the whole case out so clearly." Mills is the founder of JML, a consumer products company that has the rights to sell the Snuggie in the UK, and has been a major donor to the Labour party in addition to being a long-serving Labour councillor in the North London borough of Camden. He is also a prolific writer on economics and published a series of eurosceptic papers over the years — which Benn devoured. He is best-known for favouring a devaluation of sterling, which would (in theory) make British exports more competitive, and rebalance the UK economy more toward manufacturing. He also appears in several scenes of the Benedict Cumberbatch movie "The Uncivil War," played by the actor Nicholas Day, although he says the portrayal of him was inaccurate. Mills is thus an exceedingly rare beast in British politics: A businessman, a socialist, and pro-Leave. (He was the chair of the anti-EU Labour Leave group, in fact.) "I was a Labour candidate in the 1979 European [parliament] elections and Tony Benn came up and supported me then. And, you know, I've been doing these bulletins every other month for years and years and years, and he obviously appreciated those. I'm not sure how big an influence I had on Tony Benn's thinking but I think he certainly read the stuff that I produced," he told Business Insider. Brexit might liberate a Labour government from EU "state aid" rulesI asked him if he believes that Corbyn might be thinking that dropping out of the EU would liberate a Labour government from state aid rules and enable it to pursue a policy of "socialism in one country." "I think he probably does," Mills told us. "I think the issue about the extent to which the EU would stop a Labour government implementing state aid-type policies, there is quite a bit of controversy about this. I think at an extreme level it certainly would do. But at a more moderate level, I'm not so sure it would [make much difference]. I think it depends on what sort of policies should be pursued. Jeremy is on the left of the party so he is more exorcised about this than a lot of other people in the Labour party might be." Corbyn's political base — Islington in North London — is next door to the constituency Mills served in Camden from 1971 to 2006. "Over the years I've bumped into him from time to time. I don't know Jeremy Corbyn well but I certainly knew him, and I think he would have known who I was and so on, well before he became the leader of the Labour party." Corbyn is "trapped" as the leader of a party whose membership he now personally opposesGettyHe believes that Corbyn's Euroscepticism is little-changed since Benn's heyday in the 1970s. "All his voting records certainly suggest that's the case," he said. "The left of the Labour party has always been distrustful of the EU as being a sort of capitalist club, very much oriented toward neoliberalism economic thinking, very much against state aid, planning, nationalisation, which the left of the Labour party has always been about." But today, the vast majority of Labour MPs and party members, and around half its voters, are pro-Europe Remainers. Corbyn's problem, Mills believes, is that while the left has taken a 40-year-long arc to come back to power inside Labour, it has ascended at a time when the arc of Euroscepticism has bent the other way. Labour and the Conservatives have essentially switched sides on the Europe issue, leaving Corbyn "trapped" as the leader of a party whose membership he now personally opposes. He can't hold off that contradiction forever, Mills believes."I think he is, as it were, trapped by the fact that [the party is largely pro-Remain] ... as part of his leadership position, he can't really question them in the way in which perhaps in the old days he might have done." "I think there's going to come a time fairly soon where these issues are going to come to a head and he's going to have to jump one way or the other," Mills says. "Reflecting on what's happened over the last 40 or 50 years about the pull within the Labour party and the Conservative party for the whole EU project, in 1975 when I was first involved, the Conservatives split about 80/20 in favour of Europe, whereas the Labour party was pretty well half-and-half. Now it's pretty much the other way around. The last 40 or 50 years has been an odyssey, where the Labour party has become more Europhile and the Conservative party becomes more and more Eurosceptic. And this caught all of us out. It has caught us all up, over this long period of time, and perhaps Jeremy Corbyn and Tony Benn as well as me," he says. NOW WATCH: MSNBC host Chris Hayes thinks President Trump's stance on China is 'not at all crazy' See Also:
SEE ALSO: The EU will happily punish delusional Britain for May's Brexit defeat Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 02:33AM
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Legendary billionaire Ray Dalio told a crowd at Davos that the next economic meltdown scares him more than anything — here's what he said, and why he's so worried https://read.bi/2U4NmQG Getty Images / Roy Rochlin
At this point, it's been all but accepted that an economic recession will strike at some point before the end of 2020. And Ray Dalio is among those resigned to this fate. The founder and co-chief investment officer of Bridgewater Associates — the world's largest hedge fund — said as much during a recent panel at Davos. It's well-traveled territory for any follower of Dalio's punditry over the past several months. He thinks we're in the seventh or eighth inning of a short-term debt cycle, which will need to be unwound in painful fashion. But it's external forces that worry Dalio. The drivers that exist beyond what we'd normally associate with a recession. He's specifically referring to political and social issues currently complicating matters in the US and abroad. Dalio argues that when it comes time for the Federal Reserve to step in and ease conditions once again — something it's repeatedly done over time to stimulate post-crisis growth — all bets will be off. "In the US, there will be a significant slowing in that particular period," Dalio said Tuesday during a panel discussion hosted by Maria Bartiromo of Fox Business. "The bigger issues really are connected to politics and the economic policies associated with that." At the root of Dalio's current view is the immense debt load that US companies have accumulated over the past decade. It's a reckoning that's going to come due sooner than later as borrowing costs rise, and Dalio doesn't expect it to be pretty. When conditions do start to go south, that could coincide with divisive political developments, amplifying the market's struggles. With respect to this, Dalio referenced the 70% income tax on the super-wealthy recently floated by Alexandria Ocasio-Cortez, although he didn't mention the politician by name. He was simply highlighting it as an example of something that could stir up social strife and serve as a headwind for companies. As for when it comes time for the US to claw out of its next economic hole, Dalio warns the nation could be hamstrung relative to history, at least with respect to rate hikes. In fact, the whole ordeal reminds him of the era surrounding the Great Depression. "We have limitations to monetary policy, which is our most valuable tool," Dalio said. "At the same time, we have greater political and social antagonism. That's why the next downturn in the economy worries me the most." He continued: "There are a lot of parallels between now and the late 1930s. From 1929 to 1932 we had a debt crisis — interest rates hit zero. Then there was a lot of printing of money, and purchases of financial assets brought their prices higher. That also creates a polarity, a populism, and an antagonism." Going beyond what conditions will surround the next major US economic downturn, Dalio is also acutely focused on China, and how it will deal with the end of its own cycle. Put simply, Dalio thinks the emerging nation will be just fine in the long term, largely because its monetary policy is denominated in Chinese yuan. "The debt is in their currency," Dalio said. "They can handle that cycle. But there’s a weakening there." But a short-term debt crisis will still sting, he argues. If you want to do business in China going forward, its enormous debt burden will flare up at some point, even if it eventually gets worked out. "If you were to take a 2-, 3-, 4-year perspective, that’s going to be an issue," he said. "I do think that capital flows, and the nature of that balance-of-payments issue, is going to be a factor in the years ahead. But whenever you're having a deleveraging, that's something that makes the country healthier." See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 02:27AM
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10 things in tech you need to know today https://read.bi/2CDUQTE Reuters/Pilar Olivares Good morning! This is the tech news you need to know this Wednesday.
Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings. NOW WATCH: This tiny building in Wilmington, Delaware is home to 300,000 businesses See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 02:15AM
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China is outraged that the US wants to take the arrested Huawei executive Meng Wanzhou off Canada's hands https://read.bi/2Wc27TO Drew Angerer/Getty Image; Huawei; Manuel Balce Ceneta/AP
American officials say they are on track to have Meng Wanzhou, Huawei's CFO delivered to the US to stand trial. Meng was detained at the request of the US while transiting through Vancouver airport on Dec. 1. "We will continue to pursue the extradition of defendant Ms. Meng Wanzhou, and will meet all deadlines set by the U.S.-Canada Extradition Treaty," Marc Raimondi, a Justice Department spokesman, said in a statement to The Times. "We greatly appreciate Canada's continuing support in our mutual efforts to enforce the rule of law." The US and Canada may not entirely be seeing eye-to-eye on the matter, as Ottawa increasingly finds itself caught between two strident superpowers. Canada’s ambassador to the US, David MacNaughton, told The Globe and Mail on Tuesday that “he has voiced Canadian anger and resentment to the Trump administration about the dispute that resulted from the arrest of Ms. Meng.” While the Americans "are the ones seeking to have the full force of American law brought against" Meng, MacNaughton said, it is Canada that is "paying the price." China, alert to cracks in any alliance, was quick to respond, demanding that the US retract the request. China's Foreign Ministry spokeswoman Hua Chunying, among now-routine insinuations of retribution, said Canada's extradition treaty with the US "severely infringes upon the security and legitimate rights and interests of Chinese citizens." "Anyone with normal judgment can see that the Canadian side has made a serious mistake on this issue from the very beginning," she said. "The Meng Wanzhou case is obviously not an ordinary judicial case." Hua accused both Canada and the US of "arbitrarily abusing their bilateral extradition." Read more: Huawei's CFO proves Trump's trade war is 'escalating to a new level' She urged the Canadian side to immediately release Meng and offered a warning to the US. "We strongly urge the US side to immediately correct its mistake, withdraw its arrest warrant for Ms. Meng Wanzhou and refrain from making formal extradition request to the Canadian side," Hua said during a daily briefing. The Times highlighted the timing of the extradition request, coming as it does amid the US-China trade dispute. Led by the top US trade representative and noted China hawk, Robert Lighthizer, the talks next week are another fresh beginning to an increasingly prickly standoff. With President Donald Trump staring down a record partial government shutdown and the trade war already causing an unknown but significant amount of economic damage to both nations, the Jan. 30 talks in Washington, have enough riding on them for the negotiators to seek every advantage and leverage every pressure point. While US officials originally sought to distance the detention and extradition of Meng from broader tensions with China, Trump has pointedly tweeted of his willingness to negotiate. The US side, often informed by Lighthizer, has come down hard on Huawei and its ambitions to embed its technology into the global heart of next-generation mobile and data networks. According to The Times, a senior Canadian Foreign Ministry official said Canada fully expects the US to go ahead and extradite Meng so she will face charges of lying to US banks about Huawei’s business conduct inside sanctions-addled Iran. NOW WATCH: North Korea's leader Kim Jong Un is 35 — here's how he became one of the world's scariest dictators See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 02:03AM
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Google and Facebook spend more than ever on U.S. lobbying efforts http://bit.ly/2CCt9uE (Reuters) – Alphabet’s Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices. In its filing to Congress on Tuesday, Facebook disclosed that it also spent more on government lobbying in 2018 than it ever had before at $12.62 million. That was up from $11.51 million a year ago, according to tracking by the nonpartisan Center for Responsive Politics. Google’s spent $18.04 million on lobbying in 2017, according to the center’s data. Google and Facebook declined to comment beyond their filings. U.S. lawmakers and regulators have weighed new privacy and antitrust rules to rein in the power of large internet service providers such as Google, Facebook and Amazon.com. Regulatory backlash in the United States, as well as Europe and Asia, is near the top of the list of concerns for technology investors, according to financial analysts. Microsoft spent $9.52 million on lobbying in 2018, according to its disclosure on Tuesday, up from $8.5 million in 2017 but below its $10.5 million tab in 2013. Apple spent $6.62 million last year, compared to its record of $7.15 million in 2017, according to center data going back to 1998. Apple and Microsoft did not respond to requests to comment. A filing from Amazon was expected later on Tuesday. Google disclosed that new discussion topics with regulators in the fourth quarter included its search technology, criminal justice reform and international tax reform. The company is perennially among the top spenders on lobbying in Washington along with a few cable operators, defense contractors and healthcare firms. Google Chief Executive Sundar Pichai, who testified in December before a U.S. House of Representatives panel for the first time, has said the company backs the idea of national privacy legislation. But he has contested accusations of the company having a political bias in its search results and of stifling competition. Susan Molinari, Google’s top U.S. public policy official, stepped down to take on an advisory role this month. Facebook said discussing “election integrity” with national security officials was among its new lobbying areas in the fourth quarter. The filing said the company continued to lobby the Federal Trade Commission, which is investigating its data security practices. (Reporting by Paresh Dave; Additional reporting by Diane Bartz in Washington; Editing by Bill Berkrot and Sonya Hepinstall) Business via VentureBeat https://venturebeat.com January 23, 2019 at 01:36AM
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Trump reportedly offered NASA 'all the money you could ever need' to land on Mars during his presidency https://read.bi/2CA6or4 Susan Walsh/AP
President Donald Trump reportedly offered the NASA "all the money you could ever need" to land on Mars by the first term of his presidency, according to a New York Magazine report citing an upcoming memoir from a former White House communications official. In "Team of Vipers: My 500 Extraordinary Days in the Trump White House," former White House Message Strategy director Cliff Sims recalls that immediately before a phone call with astronauts aboard the International Space Station in April 2017, Trump expressed a deep fascination for sending humans to Mars during his first term. In the private dining room with NASA officials, Trump reportedly queried his audience on the possibility of landing on Mars. Robert Lightfoot Jr., the acting NASA administrator, explained that the US would try landing a human on Mars by 2030. "But is there any way we could do it by the end of my first term," Trump asked, according to Sims. Pablo Martinez Monsivais/AP Sims writes that he was "getting antsy" in the room due to Trump's abrupt question shortly before a televised phone call with the Space Station. NASA officials were believed to have gone to great lengths to coordinate with the Space Station, which could only be reached during a certain time due to "orbital mechanics." "All I could think about was that we had to be on camera in three minutes … And yet we're in here casually chatting about shaving a full decade off NASA's timetable for sending a manned flight to Mars," Sims reportedly wrote. "And seemingly out of nowhere." Trump, who appeared "distracted," reportedly asked Lightfoot: "But what if I gave you all the money you could ever need to do it?" "What if we sent NASA's budget through the roof, but focused entirely on that instead of whatever else you're doing now. Could it work then," Trump asked. Lightfoot reiterated the logistical hurdles to Trump, who appeared to be "visibly disappointed," according to Sims. With seconds to spare, the report said, Trump went into a bathroom to check his appearance, looked in the mirror and said, "Space Station, this is your President." Trump went on to pose his previous question to astronaut Peggy Whitson aboard the Space Station. "What do you see a timing for actually sending humans to Mars," Trump asked Whitson during the call. After Whitson pointed out the technological and legislative challenges such an effort would entail, Trump appeared to joke that he wanted to complete the space mission "in my first term, or at worst in my second term." "So I think we'll have to speed that up a little bit," Trump said. One month prior to his phone call, Trump signed a $19.5 billion bill to fund NASA. The authorization bill required NASA to commit to exploring Mars and was reportedly the first of its kind in seven years. Sims, who worked on Trump's presidential campaign, now leads a boutique consulting firm. "Team of Vipers" is ranked No. 7 on Amazon's best-sellers list at the time of this writing. It is scheduled for release on January 29. NOW WATCH: The US Air Force refuels combat jets in midair with a 'flying boom system' — watch it in action See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 01:27AM
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LIVE: Henry Blodget leads a panel on facial recognition technology at Davos https://read.bi/2T9CvVw
Facial recognition technology presents the opportunity to bring exciting and groundbreaking benefits to people and institutions around the globe. But with these benefits also comes the potential for challenges and abuses. As facial recognition technology advances at a global pace, it is everyone’s responsibility to ensure that it is used in a way that respects human rights and reflects the world in which we want to live. How should the world come together to set the ground rules? What is the role of government, civil society, and the companies that create and use this technology? This session brings together leading voices from across government, business, and civil society to examine ways we can ensure that this technology, and the organizations that develop and use it, are governed by the rule of law. Speakers:
NOW WATCH: Japanese lifestyle guru Marie Kondo explains how to organize your home once and never again See Also:
Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 12:51AM
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A leaked secret presentation shows how the British might react to a no-deal Brexit https://read.bi/2HsVRUa
An internal government presentation reveals startling new details about how Britain could react to a no-deal exit from the European Union. Sky News has obtained the Border Force presentation titled "Freight Traffic Contingency Assumptions." The documents suggest that Britain, already humbled by its own indecisiveness and philosophic polarity, would begin life post-European Union with an 87% collapse in freight trade across the English Channel. According to Shehab Khan writing in The Independent, should Britain fail to secure a deal with the EU, the vacuum in freight trade could last up to six months. The leaked Border Force document, which provides a kind of ballpark prediction of contingency plans drawn up for the government, Britain will be stinging on all its Brexit pinch points — from border security, to migration, trade, and travel. The Border Force also warns the government of "significant outbound queues" and a "degradation of border security." The Home Office agency admits for the first time it will not be able to distinguish between EU residents and new EU arrivals. A sudden disconnection with its longtime European partners will invite the possibility of "disruption," "loss of data," and an "additional clandestine threat," Sky News says, citing the documents. The no-deal plan, which would come in if the UK leaves the EU with no agreements on a future relationship, also assumes that UK citizens will no longer have access to self-service, "ePassport" kiosks at immigration checkpoints when traveling to the EU, but EU citizens coming to the UK will continue to enjoy the privilege. The leaked document also details proposals to introduce customs controls and do away with the "blue exit" for British passengers returning from the EU. (Photo by Andrea Capello/NurPhoto via Getty Images) A government spokesperson told Sky News that it does not comment on leaked documents, but the official added: "We have set our no-deal planning assumptions for the border in December and the government has been planning for some time for all potential outcomes." If there is no agreement in place by March 29, roughly nine weeks away, that would be a no-deal Brexit scenario. If that happens, the Border Force says Brits, EU citizens, and visitors alike will have to get used to new travel protocols. 10 things you might dislike about no-deal Brexit travel:
NOW WATCH: North Korea's leader Kim Jong Un is 35 — here's how he became one of the world's scariest dictators See Also:
SEE ALSO: How British MPs plan to seize control of Brexit from Theresa May Business via Business Insider https://read.bi/1IpULic January 23, 2019 at 12:45AM |
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