Facebook is working behind the scenes to help launch a new political advocacy group that would combat U.S. lawmakers and regulators trying to rein in the tech industry, escalating Silicon Valley’s war with Washington at a moment when government officials are threatening to break up large companies. From a report: The organization is called American Edge, and it aims through a…
Tag: tax
Why America Can Make Semiconductors But Not Swabs
U.S. factories are as productive as ever but they’ve lost the process knowledge needed to retool quickly in a crisis, writes Dan Wang, a Beijing-based technology analyst at Gavekal Dragonomics, in an opinion piece on Bloomberg. From the story: In China, a vast pool of experienced engineers and a culture of nimble manufacturing have allowed companies to quickly shift production to…
What’s new on Coursera for Business – April 2020
By Adam Lewis, Skills Transformation Consultant As we continue to adapt to the new norm, here are 114 new courses and projects to pick out what’s important to you. You can try out Yale’s latest insights on why your Facebook friend is wrong about the stats they’re sharing. Or find your purpose with Michigan’s course […]
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Samsung Heir Apologizes For Corruption and Union-Busting Scandals
An anonymous reader quotes a report from The New York Times: The de facto head of Samsung, Lee Jae-yong, apologized on Wednesday for the corruption and union-busting scandals that have bedeviled his conglomerate, declaring that he will be the last of his family members to lead the South Korean corporate empire. During a nationally televised news conference, Mr. Lee, 51, said…
‘Burning Man’ Festival in Nevada Cancelled This Year, Will Move Online
“We don’t think it’s practical for us to continue waiting and hoping for the best,” explains the official Burning Man site, adding “public health and the well-being of our participants, staff, and neighbors in Nevada are our highest priorities.” And thus, SFGate reports that the 2020 festival’s communal creation of Black Rock City scheduled to begin August 30th “will now be…
Startups, VCs in India Request ‘Relief Package’ From the Government To Fight Coronavirus Disruption
More than six dozen startup founders, venture capitalists and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their businesses face due to the coronavirus outbreak. From a report: In a joint letter to India’s Prime Minister Narendra Modi, startups requested the government to bankroll 50% of their workforce’s salaries…
If Robots Steal So Many Jobs, Why Aren’t They Saving Us Now?
An anonymous reader quotes a report from Wired: Modern capitalism has never seen anything quite like the novel coronavirus SARS-CoV-2. In a matter of months, the deadly contagious bug has spread around the world, hobbling any economy in its path. […] This economic catastrophe is blowing up the myth of the worker robot and AI takeover. We’ve been led to believe…
Coronavirus: Trump Suspends Travel From Europe To US
President Trump announced he will restrict travel from Europe to the U.S. for the next 30 days in a bid to combat the spread of the coronavirus. The “strong but necessary” restrictions will not apply to the UK, where 460 cases of the virus have now been confirmed. “To keep new cases from entering our shores, we will be suspending all…
US Pledges More Testing as Trump Hints at Aid For Workers
Warning that the number of coronavirus cases in the United States was expected to grow, the Trump administration on Monday evening said that testing for the virus would ramp up quickly in the coming weeks while declining to estimate how many Americans had already been tested for the virus. From a report: The evening news conference at the White House came…
Epic Games’ Tim Sweeney Rips Google and Apple In Defense of Nvidia’s GeForce Now
bigwophh writes: As the number of publishers pulling out of Nvidia’s GeForce Now cloud game streaming service continues to grow, the company has found an ally in Tim Sweeney, CEO of Epic Games, who vowed on Twitter to “wholeheartedly” support the company’s efforts. He also took potshots at Apple and Google over the royalty rate each one charges on their respective…