Monday, March 18, 2024

Mar 18, 2024 - Apple's claims about risk of outside payments 'do not survive scrutiny',

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TradeBriefs Editorial

From the Editor's Desk

A Stoics Key to Peace of Mind: Seneca on the Antidote to Anxiety

“The truth is, we know so little about life, we don’t really know what the good news is and what the bad news is,” Kurt Vonnegut observed in discussing Hamlet during his influential lecture on the shapes of stories. “The whole process of nature is an integrated process of immense complexity, and it’s really impossible to tell whether anything that happens in it is good or bad,” Alan Watts wrote a generation earlier in his sobering case for learning not to think in terms of gain or loss. And yet most of us spend swaths of our days worrying about the prospect of events we judge to be negative, potential losses driven by what we perceive to be “bad news.” In the 1930s, one pastor itemized anxiety into five categories of worries, four of which imaginary and the fifth, “worries that have a real foundation,” occupying “possibly 8% of the total.”

A twenty-four-hour news cycle that preys on this human propensity has undeniably aggravated the problem and swelled the 8% to appear as 98%, but at the heart of this warping of reality is an ancient tendency of mind so hard-wired into our psyche that it exists independently of external events. The great first-century Roman philosopher Seneca examined it, and its only real antidote, with uncommon insight in his correspondence with his friend Lucilius Junior, later published as Letters from a Stoic (public library) — the timeless trove of wisdom that gave us Seneca on true and false friendship and the mental discipline of overcoming fear.

Continued here


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Apple's claims about risk of outside payments 'do not survive scrutiny',  
  

Apple's claims about risk of outside payments 'do not survive scrutiny',
Epic's barristers will on Tuesday outline the gaming platform's case against Google in the continuation of opening submissions. The court is expected to hear opening submissions for the first two weeks of the 16-week case.


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FA Cup: Liverpool manager Jurgen Klopp gets irked with 'stupid question' after loss to Man Utd - WATCH   
  

FA Cup: Liverpool manager Jurgen Klopp gets irked with 'stupid question' after loss to Man Utd - WATCH
English Premier League side Liverpool's outgoing manager Jurgen Klopp got irked at a reporter after losing a thriller to Manchester United in FA Cup on Sunday (March 17). Klopp termed the reporter's question as stupid when asked if his side lacked the energy in extra-time during the match. Notably, United's Amad Diallo scored a goal in the 121st minute to help his team win 4-3 and book a place in the competition's semi-finals.






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Will Bernie Sanders' proposed 32-hour workweek pass Congress?  
  

Will Bernie Sanders' proposed 32-hour workweek pass Congress?
A push to slash the standard workweek from 40 hours to 32 achieved a breakthrough this week, gaining a foothold in the Senate with a proposal that would require businesses to offer the 32-hour workweek but preserve employee pay.


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Private equity firms step up pursuit of white-collar partnerships - FT (No paywall)  
  

Accounting firms, consultancies and other professional services take outside cash to fund growth




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Sadiq Khan promises 40,000 new London homes if he wins third term  
  

Sadiq Khan promises 40,000 new London homes if he wins third term
Appearing at an event in London on Monday, alongside the Labour leader, Keir Starmer, with whom the mayor has had public policy clashes in recent months, Khan will promise to build 40,000 new homes in his next term.


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College Degrees Lead To $14.2 Trillion Gain In Career Earnings, Study Finds - Forbes (No paywall)  
  

College Degrees Lead To $14.2 Trillion Gain In Career Earnings, Study Finds
The proportion of U.S. adults with a college degree increased by 6.7 percentage points, from 38.5% to 45.2% between 2010 and 2020. As a result, U.S. workers are estimated to earn an additional $14.2 trillion over their lifetimes. That’s one main takeaway from a recent report from the Georgetown University Center on Education and the Workforce.




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Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale  
  

Modular homes were hailed as a solution to housing crises. But the sector is now struggling to scale
Modern tech-enabled versions of modular housing promise a faster, more sustainable solution to housing crises, according to experts. But the sector has seen better adoption in some countries compared to others where it has failed to scale — such as the U.K.


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Record 6.7m people in Britain are in financial difficulty, warns debt charity  
  

Record 6.7m people in Britain are in financial difficulty, warns debt charity
A survey for Debt Justice found that 13% of adults had missed three or more credit or bill payments in the last six months, a figure that rose to 29% among 18- to 24-year-olds and a quarter of 25- to 34-year-olds.




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United Arab Emirates is using cloud seeding tech to make it rain  
  

United Arab Emirates is using cloud seeding tech to make it rain
The United Nations projects that by 2025, 1.8 billion people will face absolute water scarcity across the world. The Middle East stood out as one of the most water-stressed areas with around 83% of the population in the region prone to experiencing high levels of water stress. 


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Meet the Tech Company That Had a Better Year Than Nvidia - WSJ (No paywall)  
  

Super Micro Computer has gone from an obscure server maker to a $60 billion company set to join the S&P 500 Monday




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Europe kicked out Vladimir Putin's spies. Now they're back - FT (No paywall)  
  

Game of ‘cat and mouse’ returns to cold war levels, say intelligence officers




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xAI open-sources base model of Grok, but without any training code | TechCrunch  
  

xAI open-sources base model of Grok, but without any training code | TechCrunch
Elon Musk’s xAI has open-sourced the base code of Grok AI model, but without any training code. The company described it as the “314 billion parameter Mixture-of-Expert model” on GitHub.


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Apple is reportedly exploring a partnership with Google for Gemini-powered feature on iPhones | TechCrunch  
  

Apple is reportedly exploring a partnership with Google for Gemini-powered feature on iPhones | TechCrunch
Apple is looking to team up with Google for a mega-deal to leverage the Gemini AI model for features on iPhone, Bloomberg reported. This will put Google in a commanding position as the company already has a deal with Apple as the preferred search engine provider on iPhones for the Safari browser.




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Opinion | We’re Not Burdens on Society. We’re Engines of Economic Progress.  
  

Opinion | We’re Not Burdens on Society. We’re Engines of Economic Progress.
Take the economy. Research has shown that immigrant workers pay taxes and have a net zero effect on government budgets. Whether behind a pupusa stand or a polished desk in a major corporation, Latino workers occupy every rung of the economy and own a considerable stake in the financial success of this country.




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Rule of law declining across EU, report warns  
  

Rule of law declining across EU, report warns
In Greece, Italy and Slovakia, politicians openly criticised court decisions or gave instructions in ongoing cases, while governments’ refusal to comply with rulings in asylum and border protection cases reached record highs in Greece and Belgium.


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The broken housing market is merging with America's polarized political culture - Fortune (No paywall)  
  

The broken housing market is merging with America's polarized political culture
It’s no secret that America is an increasingly polarized nation. It stands to follow that our places of residence would also be divided. But instead of a donkey and an elephant, the new emblems of each party might as well be an unowned apartment in a big city and a home in the suburbs. Just consider what Aziz Sunderji has stumbled onto.


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The G.O.P. Flamethrower With a Right-Wing Vision for North Carolina  
  

The G.O.P. Flamethrower With a Right-Wing Vision for North Carolina
As he runs to replace the term-limited Gov. Roy Cooper, a Democrat, and give Republicans full control of state government, Mr. Robinson has shown no sign that he plans to moderate his message for the November general election. He may see a plausible path to victory through his appeals to the Christian right, given North Carolina’s vast evangelical community: Roughly 35 percent of the state’s adults identify as evangelical Protestants, according to the Pew Research Center.


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Justice Breyer, Off the Bench, Sounds an Alarm Over the Supreme Court’s Direction  
  

Justice Breyer, Off the Bench, Sounds an Alarm Over the Supreme Court’s Direction
The book devotes considerable attention to Dobbs v. Jackson Women’s Health Organization, the 2022 decision that eliminated the constitutional right to abortion. Justice Breyer, who had dissented, wrote that the decision was stunningly naïve in saying it was returning the question of abortion to the political process.


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White House’s Efforts to Combat Misinformation Face Supreme Court Test  
  

White House’s Efforts to Combat Misinformation Face Supreme Court Test
The court this term has repeatedly grappled with fundamental questions about the scope of the government’s authority over major technology platforms. On Friday, the court set rules for when government officials can block users from their private social media accounts. Last month, the court considered the constitutionality of laws in Florida and Texas that limit large social media companies from making editorial judgments about which messages to allow.


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Chicago Voters Face Choice on Tax to Fund Homeless Programs  
  

Chicago Voters Face Choice on Tax to Fund Homeless Programs
The vote on Tuesday is the culmination of a longtime goal for Chicago’s progressive movement, which has unseated moderate Democrats over the last decade and transformed from a band of scrappy political outsiders into City Hall establishment.


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Biden Announces Executive Actions to Expand Research on Women’s Health  
  

Biden Announces Executive Actions to Expand Research on Women’s Health
Mr. Biden’s executive order will require agencies to report annually their investments in women’s health research and to study ways that artificial intelligence can be used to advance such research. The N.I.H. will increase by 50 percent investments in small businesses focused on women’s health. The Defense Department also plans to invest $10 million to learn more about cancers and mental health issues affecting women in active military service.


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Uber agrees $178m payout to Australia taxi drivers  
  

Uber agrees $178m payout to Australia taxi drivers
\"This case succeeded where so many others have failed. In Victoria, Queensland and Western Australia, cases were brought against governments and all of them failed,\" Maurice Blackburn principal lawyer Michael Donelly said.


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My Tour Operator Is a B Corp. What Does That Mean? Should I Care?  
  

My Tour Operator Is a B Corp. What Does That Mean? Should I Care?
“Much of this work we were already doing, but we have now committed to much more accountability and made a legal agreement to sustainability,” she said, adding that Aurora also amended the company’s constitution and formalized internal policies as part of the B Corp process.


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Student Housing Pioneer Faces Angry Investors, Irate Judges and a $115 Million Bill  
  

Student Housing Pioneer Faces Angry Investors, Irate Judges and a $115 Million Bill
Mr. Nelson, 51, started Nelson Partners Student Housing in 2018 after parting ways with his brother, with whom he ran a student housing business for nearly two decades. The siblings were among the first to spot an opportunity that has become a $10 billion-a-year market. In 2017, Inc. magazine put their former firm on its annual list of the fastest growing private companies. Big players like Blackstone have entered the market in recent years, lured by the promise of rent payments that are virtually guaranteed because of student loan money.


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Storing Renewable Energy, One Balloon at a Time  
  

Storing Renewable Energy, One Balloon at a Time
“There is a real urgency around decarbonizing electricity on a timeline that is much faster than we’ve contemplated in the past,” said Elaine Hart, founding principal with Moment Energy Insights LLC, a clean-energy consultancy. “We don’t need technologies like long-duration energy storage or hydrogen today, but we might need them on a large scale in the next 15 to 20 years, so we’re in a critical time for their development.”


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The Department of Homeland Security Is Embracing A.I.  
  

The Department of Homeland Security Is Embracing A.I.
The plan to incorporate generative A.I. throughout the agency is the latest demonstration of how new technology like OpenAI’s ChatGPT is forcing even the most staid industries to re-evaluate the way they conduct their work. Still, government agencies like the D.H.S. are likely to face some of the toughest scrutiny over the way they use the technology, which has set off rancorous debate because it has proved at times to be unreliable and discriminatory.


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Five Takeaways From Putin’s Orchestrated Win in Russia  
  

Five Takeaways From Putin’s Orchestrated Win in Russia
There is a pattern to presidential votes involving Mr. Putin: His results get better each time. In 2012, he received 63.6 percent of the vote, and in 2018, after presidential terms were extended to six years, he got 76.7 percent. Pundits were expecting the Kremlin to peg the result at around 80 percent this time, but Mr. Putin received an even higher percentage, closer to 90 percent, although the count wasn’t yet final.


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Opinion | Mike Pence Rues the Day  
  

Opinion | Mike Pence Rues the Day
Gail: Speaking of our friend Donald, what did you think of Mike Pence’s announcement that he won’t support Trump for president? On one hand, pretty obvious given the murderous anti-Pence uprising Trump helped stoke after he lost the election. On the other hand, there are so many other people you’d think would be opposed to Trump’s return to power who are throwing in the towel. Like Gov. Brian Kemp of Georgia, who Trump attempted to bully into lying about the presidential vote tally in his state.


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Opinion | Is Voting Still Worth It? Just Ask Ms. Gadson-Birch.  
  

Opinion | Is Voting Still Worth It? Just Ask Ms. Gadson-Birch.
Mostly though, Ms. Gadson-Birch is looking ahead. She has hopes of resurrecting a Black newspaper, The Charleston Chronicle, which closed in 2021 when its founder and publisher died. Charleston not only lost the newspaper but also its offices, where residents could meet with candidates.


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Opinion | Trump Just Made the 2024 Choice as Vivid as Possible  
  

Opinion | Trump Just Made the 2024 Choice as Vivid as Possible
As with Gaza, the Ukraine remarks drew an impassioned reaction in the hall, and it brought me back to some of those earlier speeches where stars of Hollywood wanted to make a big point that went beyond their movies.


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How Does Paris Stay Paris? By Pouring Billions Into Public Housing  
  

How Does Paris Stay Paris? By Pouring Billions Into Public Housing
This summer, when the French capital welcomes upward of 15 million visitors for the Olympic Games, it will showcase a city engineered by government policies to achieve mixité sociale — residents from a broad cross-section of society. One quarter of all Paris residents now live in public housing, up from 13 percent in the late 1990s. The mixité sociale policy, promoted most forcefully by left-wing political parties, notably the French Communist Party, targets the economic segregation seen in many world cities.


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Alphabet up 2.7% in premarket trade after report Apple is in talks to license Gemini for iPhones  
  

Alphabet up 2.7% in premarket trade after report Apple is in talks to license Gemini for iPhones
Citing people familiar with the matter, Bloomberg said that the two tech giants are \"in active negotiations\" for Gemini to power certain new features due to be released to the iPhone software later this year.


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Saudi Arabia's massive wealth fund is in talks to acquire national airline Saudia: Report  
  

Saudi Arabia's massive wealth fund is in talks to acquire national airline Saudia: Report
According to the initial report, the acquisition would see the PIF take over the airline\'s ownership from the government to increase its efficiency and ability to make profit. It could then either be privatized or merged with Riyadh Air, a separate airline owned by the PIF and launched in March 2023 to compete with other more established Gulf airlines.


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South Sudan closes schools in preparation for 45C heatwave  
  

South Sudan closes schools in preparation for 45C heatwave
The World Food Programme in its latest country brief said South Sudan “continues to face a dire humanitarian crisis” due to violence, economic instability, climate change and an influx of people fleeing the conflict in neighbouring Sudan. It also stated that 818,000 vulnerable people were given food and cash-based transfers in January.


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NSW police say they will keep locking up young offenders but advocates say approach is 'draconian'  
  

NSW police say they will keep locking up young offenders but advocates say approach is 'draconian'
"[They're] forcefully entering people's homes in the middle of the night, motel rooms, particularly targeting elderly and vulnerable people with weapons and distributing or displaying a lot of violence," he said.


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Tropical Cyclone Megan makes landfall in NT as dangerous conditions prevent evacuations  
  

Tropical Cyclone Megan makes landfall in NT as dangerous conditions prevent evacuations
BoM expects Megan will weaken once over the mainland, easing back to a category two as it tracks southwest overnight, passing just south of Port McArthur, Borroloola and the McArthur River Mine.


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Union sues Qantas for millions over 'largest case of illegal sackings' in Australian corporate history  
  

Union sues Qantas for millions over 'largest case of illegal sackings' in Australian corporate history
During Monday's hearing, Justice Michael Lee blasted union lawyers for failing to bring another claim for compensation - for the loss of membership fees as the result of workers being let go - at the same time as the former employees' case.


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Russia-Ukraine war live: west criticises Putin's election win as 'another breach of international law'  
  

Russia-Ukraine war live: west criticises Putin's election win as 'another breach of international law'
A drone strike at a military installation in Moldova's breakaway republic of Transnistria on Sunday destroyed a helicopter and ignited a fire, authorities in the pro-Russia region said, blaming the strike on Ukraine. However, Moldova's Bureau for Reintegration Policies said in a statement that after examining video footage, they "do not confirm any attack" on Transnistria and called it "an attempt to cause fear and panic in the region". It added that the military equipment destroyed in the footage, which appeared across social media, "has not worked for several years".


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Middle East crisis live: 'Israel is provoking famine' in Gaza, says EU foreign policy chief  
  

Middle East crisis live: 'Israel is provoking famine' in Gaza, says EU foreign policy chief
Anti-poverty charity Oxfam on Monday accused Israel of intentionally preventing the delivery of aid into Gaza during its war with Hamas, in violation of international humanitarian law. The non-governmental organisation said in a report that Israel continued to "systematically and deliberately block and undermine any meaningful international humanitarian response" in the Palestinian territory.


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Casualties reported after Israeli army raids al-Shifa hospital in Gaza City  
  

Casualties reported after Israeli army raids al-Shifa hospital in Gaza City
Guardian Newsroom: The unfolding crisis in the Middle East. On Tuesday 30 April, 7-8.15pm GMT, join Devika Bhat, Peter Beaumont, Emma Graham-Harrison and Ghaith Abdul-Ahad as they discuss the fast-developing crisis in the Middle East. Book tickets here or at theguardian.live


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Only 'one or two' Tory MPs plotting against Sunak, says Badenoch  
  

Only 'one or two' Tory MPs plotting against Sunak, says Badenoch
Asked by Sky News if the Conservatives should refuse new donations from Hester, a hugely wealthy IT entrepreneur, Badenoch said not, but hinted that this could change if new comments by him emerged, adding: "Obviously, if something else happens in the future, that might be something that we reconsider."


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Charities evoke spirit of Sure Start in call for bold Labour early-years policies  
  

Charities evoke spirit of Sure Start in call for bold Labour early-years policies
The chief executive of the NSPCC, Sir Peter Wanless, urged all parties to put babies at the heart of their plans. “The first few years of a child’s life are a time of growth and opportunity, but it is also when they are at their most vulnerable to abuse and neglect,” he said.


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Visitors to UK attractions increasing but still below pre-Covid levels  
  

Visitors to UK attractions increasing but still below pre-Covid levels
Donoghue said visitors were coming for shorter stays “and then leaving to go shopping in Paris or Milan or Rome. We are the only European nation now that doesn’t have tax-free shopping, and reintroducing it would help the recovery of UK tourism enormously.”


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Woman whose baby was stillborn in HMP Styal praises sentencing changes  
  

Woman whose baby was stillborn in HMP Styal praises sentencing changes
Amendments to fraud guidelines give more recognition to the impact on victims even where there is no or very little financial loss and amendments to the guidelines for sentencing individuals for fly-tipping and other environmental offences place greater emphasis on community orders rather than fines.


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An outmaneuvered Lauren Boebert will face more obstacles in 2024 elections  
  

An outmaneuvered Lauren Boebert will face more obstacles in 2024 elections
In December, self-styled “no-nonsense conservative” Richard Holtorf, a candidate in the district four primary, said in a tweet that “seat shopping isn’t something that the voters look kindly on”. It is unlikely that Buck’s decision will have gained her any more supporters.


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