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Invite Friends   From the Editor's Desk Entrepreneurs and the Truth They often bend it. But don't demonize them - the problem is systemic. In the early days of Vice Media, cofounder Shane Smith sent a few copies of the Montreal-based start-up's fledgling publication to a record store in Miami and a skate shop in Los Angeles so that the company could tell advertisers its readership was distributed across North America - an act befitting the monicker "Bullshitter Shane," reportedly bestowed on him by a friend and colleague. Such chicanery is too common in the start-up world. The norms of entrepreneurship encourage founders to be hustlers and evangelists for their companies. Indeed, legendary founders are celebrated for their ability to inspire others, even if that means stretching the truth. Consider Steve Jobs, the quintessential start-up pitchman. Early Apple employees describe him as able to "convince anyone of practically anything." In the words of engineer Andy Hertzfeld, Jobs had a "reality distortion field, a confounding mélange of a charismatic rhetorical style, an indomitable will, and an eagerness to bend any fact to fit the purpose at hand." That's a vital skill for founders, who must persuade their audiences to temporarily suspend disbelief and see the opportunity the entrepreneur sees: a world that could be but is not now. However, reality distortion is a slippery slope. Enthusiasm can lead to exaggeration, exaggeration to falsity, and falsity to fraud. This descent is embodied in Elizabeth Holmes, the Theranos founder and Jobs devotee who allegedly deceived investors and customers by marketing bogus blood tests. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month.     These gorgeous tiny houses can operate entirely off the grid It can even generate its own water. Possible Failure Point Emerges in Miami Building Collapse Some engineers looking at the failure of a 13-story condo tower in Florida said the collapse appeared to have begun somewhere near the bottom of the building. Questions over a billion dollars as Bitcoin owner dies: Here's how you can protect your cryptocurrency... To solve this problem, cryptocurrency exchanges and wallet services have come up with services to help access the coins in case of the death of the owner. 'Arrogant' US e-commerce giants flout our laws, says Piyush Goyal Goyal said companies were using their scale and access to large pools of low-cost capital to indulge in predatory pricing practices 'to the detriment of mom-and-pop stores' � � Americans aren't just quitting—they are retiring at record rates, too The Fed and US Treasury may be overestimating the future workforce. More than 230 deaths reported in British Columbia amid historic heat wave More than 230 deaths have been reported in British Columbia since Friday as a historic heat wave brought record-high temperatures, officials said Tuesday. The province's chief coroner called it an "unprecedented time." 'Disgusted' And 'Outraged': Women Who Accused Bill Cosby Of Sexual Assault Stunned By Release “He is released because a prosecutor promised him years ago that he would not be brought to justice," said attorney Lisa Bloom. 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Moderna shares rise after it says Covid vaccine shows promise in a lab setting against delta variant Moderna's results, while promising, may not reflect how the vaccines actually perform in real-world scenarios against the delta and other Covid variants. The World's Most Beautiful Beaches, According To Instagram Money.co.uk recently revealed its list of the world’s most beautiful beaches, analyzing more than 26 million hashtags related to popular beaches and calculating how many Instagram posts were shared per meter based on the length of each beach. Here are the results. You Might Like � � � Behind China's Takeover of Hong Kong One year ago, the city’s freedoms were curtailed with breathtaking speed. But the clampdown was years in the making, and many signals were missed. The party island of Phuket opens to those willing to follow its many rules Thailand’s largest island is now open to vaccinated travelers who are willing to abide by a laundry list of rules designed to safely restart tourism. Why Young Adults Are Among the Biggest Barriers to Mass Immunity Many young adults are forgoing Covid vaccines for a complex mix of reasons. Health officials are racing to find ways to change their minds. � India's vaccine diplomacy is at the center of a procurement scandal in Brazil India's homegrown Covid-19 vaccine is at the epicentre of a controversy—yet again. Kim Jong-un signal for help could mark a turning point in North Korea's Covid fight Analysis: leader’s talk of huge crisis, despite no admission of Covid cases, comes amid concerns over health infrastructure and food shortages US ships first Pfizer vaccine doses abroad, donating 2 million to Peru The United States on Monday will begin shipping its first doses of Pfizer's coronavirus vaccine abroad as part of the Biden administration's pledge to donate millions of vaccine doses to other countries, a White House official told CNN. � South Asians are a dominant force in the UK government, but it's nothing to do with diversity Sajid Javid becomes the latest South Asian member of the cabinet, replacing Matt Hancock, who quit as health secretary. Binance, the world's largest cryptocurrency exchange, gets banned by UK regulator Britain's Financial Conduct Authority said that Binance Markets Limited "is not permitted to undertake any regulated activity in the U.K." China is facing its worst power shortage in a decade. That's a problem for the whole world China is in the middle of a huge power crunch as extreme weather, surging demand for energy and strict limits on coal usage deliver a triple blow to the nation's electricity grid. It's a problem that could last for months, straining the country's economic recovery and weighing on global trade. � Mumbai: Registration of housing properties in BMC region jumps over 4-fold in June Out of the total registration numbers, 42 per cent were from sales concluded during June 2021.The registrations for June 2021 were also 39 per cent higher than June 2019 Qatari sprinter Abdalelah Haroun dies at age 24 Qatari sprinter Abdalelah Haroun, who won bronze in the 400m at the 2017 World Athletic Championships, has died aged 24, according to the Qatar Olympic Committee. When a Valedictorian Spoke of His Queer Identity, the Principal Cut Off His Speech The principal also took away the valedictorian's prepared remarks, so the student recited the speech from memory. � Covid-19: Crowds flee Dhaka ahead of strict Bangladesh lockdown Cases of Covid-19 in Bangladesh have surged since May, largely because of the Delta variant. These charts show the dramatic increase in China's debt China's debt pile is one of the biggest economic challenges confronting the ruling Chinese Communist Party that turns 100 this week. Remote working v the office: four company bosses have their say Working longer hours or getting more done? Managers debate the upside and downside of how we work � Czech President calls transgender people 'disgusting' Milos Zeman called transgender people "disgusting" during a televised interview on CNN affiliate CNN Prima News on Sunday, during a discussion of a new law in Hungary banning LGBTQ content in schools. Marco Gobbetti, Burberry's chief executive, quits to join Ferragamo. Shares fell 8 percent on news that Mr. Gobbetti, who joined in 2017 with a goal to take Burberry further upmarket, was leaving. Belgium Beats Portugal at Euro 2020, Sending Cristiano Ronaldo Home Early A failed strategy sent defending champion Portugal out early at Euro 2020 and kept alive the title hopes of Belgium's golden generation. Europe wants to stop the Covid delta variant. But experts say it may already be too late The coronavirus delta variant first discovered in India has now spread around the world, prompting further waves of infections in countries like the U.K. Tigray rebels vow to drive out 'enemies' despite ceasefire declaration Celebrations on streets of Mekelle after soldiers and officials appointed by Ethiopian government flee city Miami Building Collapse Victims: Who They Were The death toll has climbed to 18, with almost 150 people missing. Pet lion confiscated in Cambodia after TikTok videos The 18-month-old animal, weighing 70kg, is discovered at a villa in the capital Phnom Penh. Virus Cuts Over a Year From Brazil's Life Expectancy The pandemic, driven by the Delta variant, is surging again in many nations. Unequal access to doses has created an "unacceptable" situation in Latin America and the Caribbean, a W.H.O. official said. The world's fastest electric motorcycle has a new aerodynamic challenger White Motorcycle Concepts is targeting an Electric motorcycle land speed record with its WMC250EV concept.. Warren Buffett says the pandemic has had an 'extremely uneven' impact and is not yet over Legendary investor Warren Buffett said the economic consequences of the pandemic are falling disproportionately on small businesses. The Delta variant and vaccine failures push South Africa back into lockdown South Africa is in the grip of another resurgence of Covid-19. A Black Hole Feasted on a Neutron Star. 10 Days Later, It Happened Again. Astronomers had long suspected that collisions between black holes and dead stars occurred, but they had no evidence until a pair of recent detections. Sydney McLaughlin obliterates women's 400m hurdles world record in a day of record heat American athlete Sydney McLaughlin obliterated the women's 400m hurdles world record at the US Olympic trials on Sunday. New York and New Jersey Need an $11B Tunnel. Will Biden Make It Happen? The transportation secretary said building a new rail link under the Hudson River is critical to the economy far beyond the region. Hong Kong Philosopher Taught Life's Meaning. Now He Visits Students in Jail. Chow Po Chung pushed his students to participate in public affairs â€" idealism that he worries could cost them their freedom. 'F9' has highest opening weekend of the pandemic with $70 million box office haul "F9" tallied $70 million in box office receipts during its opening weekend, the most of any movie released in the wake of the coronavirus pandemic. Johnson Johnson to Pay New York $230 Million to Settle Opioid Case The settlement agreement came just days before opening arguments in a sweeping trial of several defendants, including the company. Best New Hotels In Paris: The 7 Places To Stay Right Now While travel came to a standstill when the pandemic hit, a handful of hoteliers kept the show running in Paris and opened spots that range from design-forward hotels to a palatial abode on the grounds of the Chateau de Versailles just outside the city. It's time to celebrate these new hotels. Kamala Harris Isn't Being Helped by Joe Biden Harris is a historic but inexperienced vice president, struggling at times, and she is not being helped by her boss. The Indian state that hosted the super-spreader Kumbh Mela was on the verge of "inviting a catastrophe again" The Uttarakhand government postponed the Char Dham Yatra—a Hindu religious trip spanning Badrinath, Kedarnath, Yamunotri, and Gangotri. Typically, over 380,000 pilgrims undertake the Char Dham Yatra every year. Caged animal farming: EU aims to end practice by 2027 It comes after a petition demanding an end to the controversial system collected 1.4 million names. [Turning point] How a visit to Thailand markets helped these entrepreneurs build ecommerce unicorn Zilingo The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at the Southeast Asian ecommerce giant Zilingo. India's consumer protection rules: What foreign e-commerce entities need to be cognisant of By Stella Joseph, Prakhil Mishra, and Surabhi Prabhudesai The recent difference of opinions between the Government and Twitter brings to fore the increasing scrutiny that foreign digital/e-commerce players are facing from multiple regulatory check-points in India, a trend which is mirroring the global current in that direction. Since many entities in the digital space have […] TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) Addresses of importance Dharmendra Kumar AID INDIA, Bihar Chapter west from state tube bell lohiya path linked with Jagdeo Path patna-14 (Bihar) call @ 9431477171, 9801157286 (India #) Account Details Account Number: 03510020000278 Bank Name: Kotak Mahindra Bank Account name: AID INDIA Bihar Chapter Medicine List Click here for the list of medicine you can donate. If you can donate please coordinate with Dharmendrajee@9431477171 , his number is given Thanks Please donate! 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