Tuesday, December 20, 2022

December 21, 2022 - Research: Few Corporate Spinoffs Deliver Value



S20
Research: Few Corporate Spinoffs Deliver Value

Large companies routinely spin off existing units to become public companies of their own, in an attempt to focus management attention and capture larger multiples in equity markets. An analysis of 350 large spinoffs from 2000 to 2020 reveals the average one creates negligible value. A study of the best-performing separations concludes that to succeed, leaders must create a compelling separation thesis, one that consists of four parts: an equity story, target financials, an asset perimeter, and program design.

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S70
Zelensky Knows the Clock Is Ticking

When Volodymyr Zelensky arrives in Washington—his first time leaving Ukraine since the Russian invasion last winter—he will find a city that is even more obsessed with itself than usual. The Republicans are about to take over the House with a tiny majority and a passel of empowered kooks, and a congressional committee has recommended that a former president of the United States be prosecuted for an attempt to defeat the constitutional transfer of power.

The American drama is important and the stakes for democracy are high, but President Zelensky will touch down in D.C. for a visit to the White House and a joint address to Congress after leaving a war zone where he and his compatriots are literally fighting for their lives and for the survival of their nation against a Russian dictator who intends to erase Ukraine as an independent state from the map.

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S21
Ron Howard on Collaborative Leadership and Career Longevity

For decades, actor-producer-director Ron Howard has made popular and critically acclaimed movies while also maintaining a reputation for being one of the nicest guys in Hollywood. He explains how he turned early TV gigs into long-term success and why he often involves his cast and crew members in creative decisions. His latest film is Thirteen Lives.

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S40
The board game getting kids excited about school

Going to school in a refugee camp can be complicated: students encounter crowded classrooms, rigid curricula and limited access to teachers. Joel Baraka, who grew up in the Kyangwali refugee camp in Uganda, is determined to change that for the better. He shows how educational board games can be a fun and effective way to improve access to learning and help kids thrive in and out of school.

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S42
Spaceflight Companies Promised to Do Science—So How's It Going?

In the summer of 2021, billionaires Richard Branson and Jeff Bezos skimmed the edge of space in their new Blue Origin and Virgin Galactic spacecrafts, officially launching an era of commercial spaceflight. Then SpaceX's Inspiration4 mission took private spaceflight to the next level by propelling a different billionaire, Jared Isaacman, and three lucky passengers into orbit. Axiom Space's Ax-1 flight to the International Space Station followed this April, lofting four passengers, including two multimillionaires and a billionaire, to the orbiting platform.What these flights had in common—other than many ultra-wealthy passengers—was that they each promised to carry out some kind of scientific experiment. And unlike most space agency flights since the 1970s, almost none of the passengers had any scientific background, with a few notable exceptions, like geoscientist Sian Proctor, who flew on Inspiration4.

Virgin Galactic's crew took along an imager for plants, and Blue Origin's crew ran an experiment studying liquid and vapor interfaces in microgravity. The Inspiration4 passengers measured their heart activity, blood oxygen saturation, and immune system function and scanned their organs with an ultrasound device while they experienced zero-G life for a few days. The Axiom flight supported 25 research projects, including experiments investigating how space travel affects aging cells and heart health, and tested an anti-space-radiation vest.So far, the research aboard all those flights has resulted in only one published paper—and it wasn't about scientific findings. It was on Expand, a new biomedical database designed to collect physiological data from all commercial space passengers and store it in a single place. 

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S27
Is Your Phone Actually Draining Your Brain?

A new study puts the “brain drain hypothesis”—the idea that just having a phone next to you impacts your cognition—to the test to see if the science passes muster.

Tell me if this sounds familiar. You’re trying to get some work done, and you find yourself continually picking up your cell phone. In frustration, you might slam the phone down beside you and swear to leave it alone—theoretically allowing you to focus on what you’re doing.

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S28
The Biggest Health and Biology Breakthroughs of 2022

From reviving dead pig organs to measuring viruses in our poop, here are some of the most intriguing medical advances of the year

It’s been a rough year, especially on the health beat. The COVID pandemic continued to bulldoze its way through the population, causing surges in cases and related deaths. Somewhat forgotten viruses such as mpox, flu and RSV reared their head unexpectedly. And the U.S. Supreme Court overturned a nearly 50-year-old right to reproductive freedom established by Roe v. Wade.

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S11
To Build a Great Brand, You Have to Be Focused

Find what sets your business apart from the crowd and stick with it.

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S29
Dietary Restriction Works in Lab Animals, but It Might Not Work in the Wild

Scientists looking outside typical lab conditions find some surprises when examining the link between eating less and living longer

Hungry laboratory animals tend to live longer. Over and over, in organisms ranging from fruit flies to mice (and sometimes even in primates), scientists have seen that cutting back on food extends their study subjects’ life span. But do wild animals also benefit from eating less? And if so, why? Some scientists are trying to move their experiments beyond typical lab conditions to answer these questions.

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S44
What happens when an astrophysicist puts ChatGPT to the test?

All of us, whenever we seek to understand something more deeply, run into an awkward situation: where we think we understand how something works, only to discover that we ourselves are misinformed. Sometimes it’s only about trivial matters that don’t impact our ability to accomplish what’s important in our lives, but at other times it’s absolutely essential that we put in the time and effort to improve our understanding. This involves not only learning what’s true, but learning why what we thought was true was, in fact, false, and how to catch ourselves from slipping up again in precisely the same fashion.

This is something that every budding and aspiring scientist runs into frequently along their educational journey: discovering our own misconceptions. Those of us who go through the hard work of learning how we led ourselves astray, what the actual truth is instead, and how to get it right from now on often indeed go on to become successful in our careers; those who continue to insist, incorrectly, that they were right all along rarely do.

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S22
A new mission to see Titanic

Four-hundred miles from St Johns, Newfoundland, in the choppy waters of the North Atlantic Ocean, a large industrial vessel swayed from side to side. Onboard, Stockton Rush expressed a vision for the future:

"There will be a time when people will go to space for less cost and very regularly. I think the same thing is going to happen going under water."

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S4
14 of My Favorite Home Offices Around the World

When I look around my home office (if you can call the awkwardly placed desk in my tiny apartment a home office), I see a lot of things that make me happy. I see the houseplants that I’ve miraculously kept alive. I see my favorite vinyl records that I like to listen to while I work. I see the comfy chair I sit in when I need to zone out and scroll through my phone for a while.

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S47
Despite gloomy headlines, our planet is getting cleaner and healthier

There is no shortage of bad news in media headlines. “Climate change is already killing us,” the World Health Organization (WHO) declared in the run up to the UN’s COP 27 Climate Change Conference. “Low levels of air pollution deadlier than previously thought,” McGill University lamented. “Brazil’s plans to pave an Amazon road could open path to more deforestation,” yet another despondent headline from NPR blared. 

Most people undoubtedly accept that climate change, air pollution, and deforestation are very real problems we ought to take seriously. What fewer of us seem to realize, however, is that the world has taken these issues seriously and made significant progress toward solving them as a result. This observation leads us to an important but oft-overlooked conclusion: Economic growth and technological innovation are making our planet a cleaner, safer place to live.

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S7
How to Stay Focused at Work After a Breakup

How do you cope with a romantic breakup while at work? Research shows that the grief of a heartbreak can just be as potent as the death of a loved one. It can evoke feelings of desperation and change our mood, behaviors, and emotions as we process these feelings. Here are some ways to take care of yourself and be productive while dealing with a breakup.

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S69
‘No One Wants to Talk About Mortality’

Joanna Hogg is probably the most understated filmmaker to currently have an entire cinematic universe revolving around her. The British director emerged with her 2007 debut feature, Unrelated, which had an autobiographical tinge, and went on to make two other brilliantly quiet interpersonal dramas, Archipelago and Exhibition. But it was with 2019’s The Souvenir that Hogg began to build out an interconnected series that blurs the line between fiction and memoir. She drew from her own life in telling the story of Julie, a young film student in the 1980s who embarks on a formative, if disastrous, relationship while trying to find her artistic voice.

In that movie, and its sequel (2021’s The Souvenir Part II), Julie was played by Honor Swinton Byrne, and her mother, Rosalind, was played by Tilda Swinton, Honor’s real-life mother. Hogg’s next project, The Eternal Daughter, now in theaters and available on demand, is one she’s long considered filming. Set closer to the present day at Christmastime, it follows a mother and daughter who visit an old hotel and sift through sometimes-fraught memories together. Hogg knew she wanted to tell a story about facing the mortality and vulnerability of one’s parents. But only late in its development did she decide to name the characters Julie and Rosalind, suggesting that they’re older versions of the Souvenir characters.

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S23
Pakistan's lost city of 40,000 people

A slight breeze cut through the balmy heat as I surveyed the ancient city around me. Millions of red bricks formed walkways and wells, with entire neighbourhoods sprawled out in a grid-like fashion. An ancient Buddhist stupa towered over the time-worn streets, with a large communal pool complete with a wide staircase below. Somehow, only a handful of other people were here – I practically had the place all to myself.

I was about an hour outside of the dusty town of Larkana in southern Pakistan at the historical site of Mohenjo-daro. While today only ruins remain, 4,500 years ago this was not only one of the world's earliest cities, but a thriving metropolis featuring highly advanced infrastructures.

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S56
Kremlin-backed hackers targeted a "large" petroleum refinery in a NATO nation

One of the Kremlin’s most active hacking groups targeting Ukraine recently tried to hack a large petroleum refining company located in a NATO country. The attack is a sign that the group is expanding its intelligence gathering as Russia’s invasion of its neighboring country continues.

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S62
An Alternative to Overspending on Presents

Gift-giving is a beloved—and expensive—tradition. But some people have found a way to partake without the cost.

Anna Rollins and her father have a valued Christmas tradition. For several years, the two have exchanged books with political themes that reflect their respective ideologies. They’re confident in their choices, because they’ve typically already read the book—usually the same copy they’re now giving away. The practice may be unorthodox, but according to Rollins, it has allowed her and her father to better understand each other’s points of view. “I’ll give him a book that is meaningful to me, and he’ll read it and come at it from this very open space,” the 34-year-old educator in Huntington, West Virginia, told me.

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S19
Innovating in Uncertain Times: Lessons from 2022

Too many leaders succumb to fear of missing out (FOMO) when new tech trends emerge and demand that something — anything — using the new tech be implemented immediately. This leads to wasted investment, missed opportunity and disillusionment about the new landscape. Emerging technologies are critical and demand attention and investment, but managers must exercise patience and avoid falling victim to the hype. Responsible exploration is key.

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S13
3 Strategies Businesses Can Utilize to Own Their Industries

Owning your industry equals business success, but it's not always easy to increase market share. To rise to the top, you need strategies that improve perception of your brand and the customer experience.

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S39
The U.S. Economy Is Doing Just Fine -- For Now

Wharton's Iwan Barankay isn’t too worried about the possibility of a recession in America. Inflation, however, is still a threat.

Wharton’s Iwan Barankay speaks with Wharton Business Daily on Sirius XM about how the economy is in better shape than many may assume.

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S52
Lenovo announces cheaper Mini LED monitors with 140 W power delivery

Lenovo is preparing to release a pair of Mini LED monitors that are cheaper than its current Mini LED offering but don't skimp on features. The 4K USB-C displays offer up to a whopping 140 W over USB-C, the most extreme power-delivery spec we've ever seen a monitor claim.

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S17
Why This Founder Chose Her Husband As Her Co-Founder

Siff Haider, co-founder of wellness brand Arrae, talks about the pitfalls and pros of being married to her co-founder.

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S50
Framework, Noctua, and other brands add official 3D models to Printables

A number of device and accessory brands—including Adafruit, Framework Computer, Noctua, and Raspberry Pi—have started sharing free official 3D-printable models of parts, accessories, and mods on Printables, kicking off what the site hopes is a general trend toward repair-friendly parts and community mods.

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S2
Strategy for Start-ups

In their haste to get to market first, write Joshua Gans, Erin L. Scott, and Scott Stern, entrepreneurs often run with the first plausible strategy they identify. They can improve their chances of picking the right path by investigating four generic go-to-market strategies and choosing a version that aligns most closely with their founding values and motivations. The authors provide a framework, which they call the entrepreneurial strategy compass, for doing so.

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S41
Tired, Filthy, and Overworked: Inside Amazon's Holiday Rush

Tyler Hamilton has optimized his every waking minute. Between Black Friday and Christmas, five nights a week, he pulls himself out of bed, brushes his teeth, and rushes to his car just before sunset. On his drive to the Amazon fulfillment center in Shakopee, Minnesota, he stops at Wendy's to buy two bourbon bacon burgers, two large chilis, fries, and a drink.

Hamilton eats the burgers as he drives and then punches in to start his shift arranging incoming product inventory just before 5 pm. In the middle of the night, he takes thirty minutes of unpaid break time and reheats the chilis. By the time he clocks out at 5:30 am, his car has frozen, so Hamilton sits huddled in the dark until it warms enough that he can drive home.

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S12
How to Market Your Company as a Trustworthy Online Brand

Cybersecurity is a crucial component of your brand reputation.

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S61
The Homeownership Society Was a Mistake

It is a truth universally acknowledged that an American in possession of a good fortune must be in want of a mortgage. I don’t know if you should buy a house. Nor am I inclined to give you personal financial advice. But I do think you should be wary of the mythos that accompanies the American institution of homeownership, and of a political environment that touts its advantages while ignoring its many drawbacks.

Renting is for the young or financially irresponsible—or so they say. Homeownership is a guarantee against a lost job, against rising rents, against a medical emergency. It is a promise to your children that you can pay for college or a wedding or that you can help them one day join you in the vaunted halls of the ownership society. In America, homeownership is not just owning a dwelling and the land it resides on; it is a piggy bank, where the bottom 50 percent of the country (by wealth distribution) stores most of its wealth. And it is not a natural market phenomenon. It is propped up by numerous government interventions, including the 30-year fixed-rate mortgage. America has put a lot of weight on this one institution’s shoulders. Too much.

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S25
The vegan leather made from India's waste flowers

Inside a dusty compound in the northern Indian city of Kanpur lies a sterilised lab with an incubator full of flasks. Each of these flasks contains a small mound of what looks like a sourdough starter.

The room nextdoor houses a shiny metal cylindrical vessel called a bioreactor, akin to what you might expect to find in a laboratory which manufactures antibiotics. But this is no pharmaceutical facility – what is being made in the pipe-laden bioreactor won't save you from an infection. It could help make India's rivers a bit cleaner though

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S24
Autism: Understanding my childhood habits

No one knew I was autistic as a child but, looking back, there were a number of sensory clues. Apart from a tendency to repetitively stroke soft fabrics or run grains of sand through my fingers, I also found swirling and gentle rocking mesmerisingly soothing.

When I was eventually diagnosed with autism much later in life – at the age of 60 – it gave me a new understanding of how and why I behave the way I do. That includes certain childhood behaviours, from fabric-stroking to the way I played with toys and insisted on specific foods. But it also raised questions, such as what might these preferences reveal about how children with autism experience the world? And how could we use this understanding to help children fulfil their potential, form friendships, and enjoy life?

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S6
How (and When) to Say No to the Boss

Saying no is a difficult thing, especially if you’re in the early stages of your career or if you’re passionate about your job and find meaning in what you do. But research shows that purpose-driven work can negatively affect your mental and physical health if you don’t maintain work-life balance.

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S16
How 2 Purpose-Driven Brands Build Products That Give Back

In time for the holidays, the story of two purpose-driven luxury brands.

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S10
2 Essential Traits for Success in Your Business

These elements are key aspects every leader must have.

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S18
Research: Workplace Stigma Around Menopause Is Real

For half the global population, menopause is a natural part of life. It also happens to overlap exactly with the age at which employees are most likely to be qualified to advance into top leadership positions — and the authors’ new research shows that people experiencing menopause are often judged as less leader-like, thus creating yet another barrier that holds women back in the workplace. However, the authors also found that when women talk openly about going through menopause, it can reduce this bias, helping them to come across as having high leadership potential regardless of menopausal status. As such, the authors suggest that managers must normalize the open discussion of menopause (since many women are afraid to mention such a stigmatized topic at work), create psychologically safe workplaces that empower everyone to share and ask for support without fear of retribution or discrimination, and proactively ensure that all employees feel supported — not silenced — as they progress through the phases of their careers and lives.

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S66
The Prosecution of Trump Runs Into Some Serious First Amendment Troubles

But they are surmountable if the government takes into account his other actions on January 6, 2021.

Yesterday the House January 6 Committee unanimously voted to recommend that former President Donald Trump be criminally prosecuted, for charges including conspiracy to defraud the United States, obstructing an act of Congress, and, the most serious, insurrection. A congressional criminal referral of a former president is unprecedented, and if Special Counsel Jack Smith and the Department of Justice decide to prosecute Trump, they will have to address a formidable defense: that Trump’s speech on January 6, 2021, no matter how irresponsible or how full of lies about a “stolen” 2020 election, was, after all, a political speech and thus protected by the First Amendment.

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S5
Turn Your Boring Job into a Job You'll Love

But these days, that mindset doesn’t work so well. Between rapid technological changes and shifting customer expectations, many roles can’t adapt quickly enough to stay relevant. If you do exactly what you were hired to do, odds are, you (and your job) will — eventually — become outdated. Plus, you will feel bored and uninspired.

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S14
The Employee Retention Credit Is a Great Deal--but Beware "ERC Mills"

Filing for the ERC is complicated, and some CPAs won't do it. That's forced founders to opt for pricey alternatives, some of which are more interested in fees than performance.

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S68
Megan Thee Stallion Is the Victim, Not the Defendant

Daystar Peterson, the performer known as Tory Lanez, is on trial in Los Angeles after he allegedly shot fellow rapper Megan Thee Stallion in both of her feet two years ago. But in the court of public opinion, she is the person who’s really being judged.

The critically acclaimed, top-selling artist, whose real name is Megan Pete, was injured in a July 2020 incident that began as she, Peterson, and others were driving away from a party. Ever since Pete identified Peterson as her attacker, the lack of empathy, concern, and protection for Pete—one of the biggest entertainers in the world and most successful female artists in hip-hop history—has been downright jarring.

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S9
The $275,000 Business Lesson That My Grandma Taught Me

To spot and seize business opportunities you have to think outside the box.

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S1
How Venture Capitalists Make Decisions

For decades now, venture capitalists have played a crucial role in the economy by financing high-growth start-ups. While the companies they’ve backed—Amazon, Apple, Facebook, Google, and more—are constantly in the headlines, very little is known about what VCs actually do and how they create value. To pull the curtain back, Paul Gompers of Harvard Business School, Will Gornall of the Sauder School of Business, Steven N. Kaplan of the Chicago Booth School of Business, and Ilya A. Strebulaev of Stanford Business School conducted what is perhaps the most comprehensive survey of VC firms to date. In this article, they share their findings, offering details on how VCs hunt for deals, assess and winnow down opportunities, add value to portfolio companies, structure agreements with founders, and operate their own firms. These insights into VC practices can be helpful to entrepreneurs trying to raise capital, corporate investment arms that want to emulate VCs’ success, and policy makers who seek to build entrepreneurial ecosystems in their communities.

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S58
Man simulates time travel thanks to Stable Diffusion image synthesis

Throughout December, a social media user known as Stelfie the Time Traveller has been crafting a time-hopping travelogue using generative AI. Thanks to Stable Diffusion and fine-tuning, an anonymous artist has created a fictional photorealistic character that he can insert into faux historical photographs set in different eras, such as ancient Egypt or the time of the dinosaurs.

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S55
Raspberry Pi 5 not arriving in 2023 as company hopes for a "recovery year"

Few who have tried to buy a Raspberry Pi in the last year may be shocked, but Raspberry Pi's CEO has an update on the next Raspberry Pi model: it's not arriving next year.

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S26
Tech founders say Nepal's new tax scheme is pushing workers to foreign firms

Until September, Ramesh, a Kathmandu-based software engineer in his late 20s, worked for the Nepali IT company CloudFactory (Sprout Technology Services Pvt Ltd), paying a 30% tax on his income to the federal government each month. Then, he joined a similar role for a foreign startup, working remotely from Kathmandu.

Because of a recently introduced government incentive, Ramesh’s taxes dropped to just 1%. “Although I have a similar job [now], I have more cash in hand,” Ramesh, who asked to use a pseudonym to avoid hurting his future job prospects, told Rest of World.

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S60
The Commons: Cursive Is History

Gen Z never learned to read cursive, Drew Gilpin Faust wrote in the October 2022 issue. How will they interpret the past?

Drew Gilpin Faust’s article on students’ inability to read cursive reminded me of a similar lack of knowledge that I encountered years ago, when I was teaching at the University of Colorado. I had assigned my students timed presentations. There were no clocks in our classrooms (supposedly too distracting), so I brought in a portable analog clock. To my surprise, none of my students could read it—they only told time on their cellphones.

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S65
Going "Sideways," Part Two

This is part two of a special three-part Famous People series about a single weekend in California. Check back in the coming days for part three! (If you missed part one, you can read it here.)

Lizzie: We woke up in Buellton, California. What a feeling. We figured we should eat before a day of downing local syrahs. For breakfast our choices were: a bagel or yogurt from the continental breakfast at our motel, a meal at Pea Soup Andersen’s (“Serving Over 2 Million Bowls of Pea Soup a Year”), or Ellen’s Danish Pancake House, recommended to us by the front-desk staff the previous night and implied to be the only real option in town.

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S48
The brief history of artificial intelligence: The world has changed fast – what might be next?

To see what the future might look like it is often helpful to study our history. This is what I will do in this article. I retrace the brief history of computers and artificial intelligence to see what we can expect for the future.

How rapidly the world has changed becomes clear by how even quite recent computer technology feels ancient to us today. Mobile phones in the ‘90s were big bricks with tiny green displays. Two decades before that the main storage for computers was punch cards. 

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S46
PhD student solves a mysterious ancient Sanskrit text algorithm after 2,500 years

Around 350 BC, the scholar Pāṇini composed a grammatical treatise of astounding breadth and comprehension. Known as the Aṣṭādhyāyī, it contained 4,000 sūtras, or rules, for writing classical Sanskrit. The extensive work also distinguishes between how the language should be expressed colloquially or when reciting sacred texts.

To put that in perspective for a modern, English-speaking audience, the Aṣṭādhyāyī is what you would get if William Strunk Jr. and E.B. White’s The Elements of Style was an eight-volume tome designed to not only dole out advice but offered meticulous instruction for crafting any word or sentence in the language. (Fortunately for English 101 students the world over, Strunk and White’s efforts were less extensive.)

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S67
We Haven’t Seen the Worst of Fake News

Deepfakes still might be poised to corrupt the basic ways we process reality—or what’s left of it.

It was 2018, and the world as we knew it—or rather, how we knew it—teetered on a precipice. Against a rising drone of misinformation, The New York Times, the BBC, Good Morning America, and just about everyone else sounded the alarm over a new strain of fake but highly realistic videos. Using artificial intelligence, bad actors could manipulate someone’s voice and face in recorded footage almost like a virtual puppet and pass the product off as real. In a famous example engineered by BuzzFeed, Barack Obama seemed to say, “President Trump is a total and complete dipshit.” Synthetic photos, audio, and videos, collectively dubbed “deepfakes,” threatened to destabilize society and push us into a full-blown “infocalypse.”

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S8
It's Clear That Transparency Is a Phony Issue

Lots of companies are fussing over the idea, and promise transparency by the boatload--except when it really matters. For new businesses, transparency isn't always a virtue.

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S57
Study: 2017 rise in teen suicide rates due to seasonal shifts, not 13 Reasons Why

The controversial 2017 Netflix series 13 Reasons Why sparked years of contradictory academic studies on whether the show sparked a rise in teen suicides (suicide contagion, or copycat suicides). Some showed negative impacts, while others found beneficial impacts. The most damning study appeared in 2019, which reported a sharp increase in suicide rates among young people between the ages of 10 and 17 in the months after the first season's release—although it stopped short of finding a direct causal link between the two. In response, the streaming service edited out the original graphic three-minute bathtub suicide scene that ignited the controversy.

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S15
Inside the Macy's Plan to Fund Underrepresented Entrepreneurs

The megaretailer initially missed its mark on sourcing more products from diverse founders. Now the company is investing $30millionfor them to step up.

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S63
The Photographer Undoing the Myth of Appalachia

For Stacy Kranitz, replacing negative stereotypes with a triumphant counternarrative would be too easy.

If you wanted to understand why flipping through Stacy Kranitz’s recent photography book, As It Was Give(n) to Me, feels like plunging your head into ice water, you could ponder the omission of captions that might have contextualized her images of Appalachia. You could dwell on the dissonant chord struck by mixing beauty pageants, burning cars, and bloody teeth together on the page.

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S64
Maybe Consider Not Kissing That Baby

Barack Obama did it. Donald Trump did it. Joe Biden, of course, has done it too. But each of them was wrong: Kissing another person’s baby is just not a good idea.

That rule of lip, experts told me, should be a top priority during the brisk fall and winter months, when flu, RSV, and other respiratory viruses tend to go hog wild (as they are doing right this very moment). “But actually, this is year-round advice,” says Tina Tan, a pediatrician at Lurie Children’s Hospital of Chicago. Rain, wind, or shine, outside of an infant’s nuclear family, people should just keep their mouths to themselves. Leave those soft, pillowy cheeks alone!

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S59
Comcast agents mistakenly reject some poor people who qualify for free Internet

People with low incomes can get free Internet service through Comcast and a government program, but signing up is sometimes harder than it should be because of confusion within Comcast's customer service department.

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S51
MSG defends using facial recognition to kick lawyer out of Rockettes show

When Kelly Conlon joined her daughter’s Girl Scout troop for a fun outing to see the Rockettes perform their Christmas Spectacular show at Radio City Music Hall in New York, she had no idea she would end up booted from the show once she entered the building.

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S34
It's Not Just O'Reilly and Weinstein: Sexual Violence Is a Global Problem

Gender-based violence transcends national borders and class boundaries to touch the lives of roughly 33 percent of all women worldwide

The following essay is reprinted with permission from The Conversation, an online publication covering the latest research.

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S33
Reduce, Reuse, Recycle: Why All 3 R's Are Critical to a Circular Economy

To create a sustainable economy, we need to revamp how we reduce, reuse and recycle products to create less waste

Evidence of the economic opportunities that a circular economy could bring is mounting. The potential environmental impact is also clear. The move to a circular economy—a system that aims to reduce, reuse and recycle materials—could address 70% of global greenhouse emissions. As the benefits stack up, this transition is becoming a key focus for policymakers around the world. But there remains much confusion about what a circular economy is, and how it might be achieved.

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S37
How Data Analytics Can Help Deliver Social Good

The second of this year’s Beyond Business panels explored how data science innovations are bringing solutions to previously intractable social problems.

Innovations in data science are finding uses beyond business settings to bring effective solutions to pressing social problems. In one novel exercise, analysis of data on sex trafficking provided insights on directing preventive and remedial resources to poorer areas from where victims are trapped, instead of an earlier focus on richer, urban areas where they are sold. In another instance, machine learning tools helped the Greek government to identify incoming COVID-19-infected travelers at nearly double the volume that conventional random tests would have achieved, thereby reducing the spread of the virus within its country. Analytics can also correct long-held misperceptions such as the role of media in shaping public opinion: TV broadcasts are far more pernicious than social media in peddling biased reports, another study using analytics found.

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S45
What sort of ethics would aliens practice?

In this season of religious holidays, when we cherish peace and goodwill, those of us who think about our place in the Universe might wonder what ethical standards aliens — particularly technologically advanced aliens — might follow if we someday encounter them. Would they be similar to the ethical standards of humans?

Before you scream “I HOPE NOT!” consider that society’s values have changed quite a bit over the last 10,000 years or so of human history. Even today, ethical standards vary a lot from culture to culture. But let’s use as a modern reference point the values enshrined in the UN Charter and Universal Declaration of Human Rights. Article 1 of the Declaration states, “All human beings are born free and equal in dignity and rights,” while Article 2 adds that “everyone is entitled to all the rights and freedoms set forth in this Declaration, without distinction of any kind, such as race, color, sex, language, religion, political or other opinion, national or social origin, property, birth, or other status.”

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S32
The Best of JWST's Cosmic Portraits

Jupiter's rings, its moons Amalthea (bright point at left) and Adrastea (faint dot at left tip of rings), and even background galaxies are visible in this image from JWST's NIRCam instrument. Whiter areas on the planet represent regions with more cloud cover, which reflects sunlight, especially Jupiter's famous Great Red Spot; darker spots have fewer clouds. Perhaps the most stunning feature is the blue glow of the planet's auroras at the north and south poles. These light shows result when high-energy particles streaming off the sun hit atoms in Jupiter's atmosphere. Auroras are found on any planet with an atmosphere and a magnetic field, which steers the sun's particles to the poles; besides Earth and Jupiter, telescopes have seen auroras on Saturn, Uranus and Neptune.

The phantom galaxy, M74, forms mesmerizing swirls in this photo combining observations from JWST and Hubble. Visible-light data from Hubble showcase the starlight in this spiral, including older, redder stars at the galaxy's glowing core and younger, bluer stars on its outskirts. The infrared light captured by JWST, however, highlights the gas and dust threaded through the spiral arms, as well as a bright cluster of stars at the heart of the galaxy. Each telescope sees a different aspect of this cosmic wonder, and the combined image offers a fuller picture than ever before.

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S31
Neutrinos from a Nearby Galaxy Reveal Black Hole Secrets

The IceCube observatory has detected neutrinos from an active galaxy for the first time, revealing clues about how supermassive black holes gobble matter

In the zoo of subatomic particles, neutrinos are strange beasts. Unlike more familiar particles such as electrons and protons, ghostly neutrinos barely interact with normal matter at all: they can fly right through a planet as if it weren’t even there. This makes them irritatingly difficult to detect and, for neutrinos streaming in from cosmic objects in the sky, even harder to know exactly where they come from. However, in recent research published in Science, an extragalactic source for these subatomic particles has been identified.

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S35
Perfectly Preserved Insects and Plants Point to Warm Greenland Future

A mile-long ice sample extracted by the U.S. military while it was studying whether to arm Greenland with nuclear missiles during the Cold War is yielding insights into the ice sheet’s future in a warming world

Sixty years ago, at the height of the Cold War, U.S. military scientists achieved a major feat. They extracted a mile-long slender cylinder of ancient ice from the heart of the Greenland ice sheet—the first ice core ever to be drilled from the surface straight down to the bedrock.

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S30
Bacteria and Fungi Can 'Walk' across the Surface of Our Teeth

Clusters of bacteria and fungi seem to be capable of complex movement, setting tooth decay in motion

Most of us would rather not think about the cavity-causing microbes infesting our mouths. They coat our teeth, eat the same sugars we do and excrete acids that carve holes in our enamel. And the complete picture is even grosser.

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S53
Apple's self-service repairs expand to desktops like iMac, Mac Studio

Apple's Self Service Repair program continues to roll out in new regions and to new products. Earlier this month, the program expanded from the United States to eight European countries. Now, US customers are gaining access to manuals and parts for new devices: Mac desktops.

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S43
The Best Mobile Controllers for Gaming on the Go

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Mobile gaming has never been more popular. You can relax with a casual puzzle, indulge your tower defense addiction, or dip into some competitive shooter action. These days, there’s something for everyone. The latest phones can run demanding, graphically impressive titles, so ports of popular PC and console games are increasingly common, but they are not always fun to play with touchscreen controls. What you need is a mobile game controller.

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S38
Why Online Shoppers Aren’t Falling for Exploding Deals

Time-limited sales are a marketing staple in retail stores, but those same scarcity tactics don’t work online to move products and increase profits. Wharton marketing professor Cait Lamberton explains why.

Wharton’s Cait Lamberton speaks with Wharton Business Daily on Sirius XM about why online consumers resist time scarcity promotions.

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S54
Nations agree to preserve 30 percent of nature by 2030

It was a wild year for the UN Biodiversity Conference, this year known as COP15. The international event brought delegates from more than 190 countries to Montreal to discuss the steps the world needs to take to safeguard its species and ecosystems.

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S36
How Analytics Is Changing Finance

In the first session of this year's Beyond Business discussion series, Wharton professors Michael Roberts and Daniel Taylor explored how analytics is influencing the field of finance, bringing new efficiencies while creating new challenges.

The next big financial fraud may eclipse the recent collapse of cryptocurrency exchange FTX, which at last count had liabilities estimated at $8 billion. “You’re going to have larger frauds, and there might be more frauds,” Wharton accounting professor Daniel Taylor said during a panel discussion titled “The Analytics of Finance” held earlier this month. Stricter regulatory checks and audits may have averted the FTX scandal, he added, noting that it was the outcome of weak internal controls.

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S49
Generative AI: The technology of the year for 2022

When evaluating the most significant innovations of any calendar year, it’s often a struggle to decide among a handful of equally worthy contenders. Not this year. Over the last 12 months, one category of technology has made headlines so often and has impacted society so significantly, there is no question that 2022 will be remembered as the year that Generative AI stunned the world. I don’t just mean stunned the general public. Even lifelong technologists and AI researchers like myself were genuinely surprised by the speed and impact of recent advancements.

So, what is Generative AI? It’s a branch of artificial intelligence that enables computers quickly and convincingly to create original content ranging from images and artwork to poetry, music, text, video, dialog, and even computer code. The output is so impressive that it is easy to imagine that we’ve suddenly created sentient machines with a creative spirit, but that is absolutely “not the case.

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