Wow. WeWork is not just a case study of how not to do an initial public offering (IPO), but of how not to run a business.
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So far, though, attempts to build supercomputer brains have not even come close. A multi-billion-dollar European project that began in 2013 is now largely understood to have failed. That effort has shifted to look more like a similar but less ambitious project in the U.S., developing new software tools for researchers to study brain data, rather than simulating a brain.
Big data hasn’t levelled the playing field. It has simply allowed wealthy organisations and individuals to further entrench their dominance. And regulators can’t keep up. New technologies make it almost impossible to trace the global flow of money World4Brexit may receive to fund its political campaigning
Digital platforms, the websites and apps which compete for our precious screen time, have successfully invaded the traditional territory of many sectors of the “old economy”. They have become the preferred – expected, even – domains for many kinds of human behaviour, from banking and property buying, to dating and entertainment.
This week in Light Start – no more loot boxes for Activision, Windows 7 will run out of time, Samsung losing its grip on China, and the ultimae hacker.
Perhaps there isn’t room for another would-be Tesla to challenge the established automotive industry with a novel electric car and leapfrog the challenges of manufacturing.
Today, Rwandan smartphone company Mara Group opened its second factory in Africa. And here are the Mara devices it’ll produce.
Reports of Facebook moderators’ appalling working conditions have been making headlines worldwide. Workers say they are burning out as they moderate vast flows of violent content under pressure, with vague, ever-changing guidelines. They describe unclean, dangerous contractor workplaces. Moderators battle depression, addiction, and even post-traumatic stress disorder from the endless parade of horrors they consume.
At the close of June’s G20 summit in Japan, a number of developing countries refused to sign an international declaration on data flows – the so-called Osaka Track. Part of the reason why countries such as India, Indonesia and South Africa boycotted the declaration was because they had no opportunity to put their own interests about data into the document.
Facebook leader Mark Zuckerberg recently took the unusual step of visiting lawmakers in Washington, including President Donald Trump in the White House. The reason? Congress’s anti-trust sub-committee has started demanding documents from Facebook and other big tech firms