Wednesday, January 11, 2023

January 11, 2023 - Paris 2024 organisers warned security and transport a risk by top French auditors

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TradeBriefs Editorial

From the Editor's Desk

78% of Employers Are Using Remote Work Tools to Spy on You

78% of employers use software to spy on employees. But the research — and common sense — shows that this tempting practice does far more harm than good. And 83% of employers acknowledge that it's ethically questionable. When you spy on your people, you trade trust, culture and morale for sketchy data and productivity theater.

Work-from-home and hybrid models are here to stay. Companies everywhere are investing millions in digital employee experience (DEX), which reduces IT friction and makes employees happier and more productive. Separately, the same remote and hybrid shift has encouraged companies to deploy so-called productivity surveillance technologies. These have the opposite effect and even punish those who allegedly waste company time.

Continued here


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Paris 2024 organisers warned security and transport a risk by top French auditors
Paris 2024 organisers warned security and transport a risk by top French auditors
Organisers of the Paris 2024 Olympics need to finalise their security plans for the Games, France's top audit body said on Tuesday, warning that the opening ceremony on the River Seine posed a major challenge and would likely need police support.

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US has made 'substantive' change in weaponry provided to Ukraine, officials say | CNN Politics
US has made 'substantive' change in weaponry provided to Ukraine, officials say | CNN Politics
There has been a "substantive" change in the type of weaponry the US and its allies are providing to Ukraine to meet Kyiv's requests for firepower, two senior US officials tells CNN.


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After Rocky Start, Biden Builds Rapport With Mexicos President
After Rocky Start, Biden Builds Rapport With Mexicos President
Mr. López Obrador raved about how the American president “himself showed me how the buttons worked,” the Mexican leader said, referring to the vehicle’s controls. “President Biden is a friendly person.”


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Powell says Fed might have to make unpopular decisions to stabilize prices
Powell says Fed might have to make unpopular decisions to stabilize prices
The central bank leader noted that stabilizing prices requires making tough decisions that can be unpopular politically.


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Russia risks becoming a failed state in the next 10 years, analysts say
Russia risks becoming a failed state in the next 10 years, analysts say
Russia as we know it may not survive the coming decade and risks becoming a failed state as it pursues its costly Ukraine war, global analysts believe.


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Powell Says Fed Will Not Be a Climate Policymaker
Powell Says Fed Will Not Be a Climate Policymaker
In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.













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New York City man who fatally struck Chinese woman with a rock sentenced to 20 years in prison | CNN
New York City man who fatally struck Chinese woman with a rock sentenced to 20 years in prison | CNN
A New York City man who fatally struck a 61-year-old Chinese woman with a rock in an unprovoked attack in November 2021 was sentenced Tuesday to 20 years in prison.


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The oncologist who will refuse all medical treatment after 75 (even for cancer)
The oncologist who will refuse all medical treatment after 75 (even for cancer)
Health adviser Ezekiel Emanuel astonished America when we wrote that he wouldnt even want antibiotics in his twilight years. He tells Helen Rumbelow why


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The many similarities between Brazilian politics and the United States | Moira Donegan
The many similarities between Brazilian politics and the United States | Moira Donegan
Politics watchers tend to look at Europe for analogies to our history, but our hemispheric neighbors share more of our foundational pathologies


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Death Toll in Peru Rises to 47 Amid Extraordinary Violence
Death Toll in Peru Rises to 47 Amid Extraordinary Violence
The government said a delegation of high-ranking officials was being deployed to Puno to establish dialogue. But it was unclear whom they would speak with. On Monday, the interior minister, Mr. Rojas, said he was unable to find anyone in Puno willing to talk with him.


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Opinion: A 6-year-old shoots his teacher. Now what? | CNN
Opinion: A 6-year-old shoots his teacher. Now what? | CNN
When it comes to guns, there are simply no accidents. The presence of a gun itself creates the conditions for deadly violence. If an American wants to create those conditions, the current Supreme Court says that is their right. But they - and not a 6-year-old child - should be held responsible for the outcome.


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Amazons Buy with Prime is a positive step, but the stock is still expensive
Amazons Buy with Prime is a positive step, but the stock is still expensive
Amazon\'s (AMZN) soon-to-be widely available Buy with Prime service, which allows Prime members to use their Amazon accounts to shop with other online merchants, could be a profitable revenue channel for the e-commerce giant. However, the Club holding\'s stock is still expensive, a high multiple compared to the broader stock market.


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Extreme weather, fueled by climate change, cost the U.S. $165 billion in 2022
Extreme weather, fueled by climate change, cost the U.S. $165 billion in 2022
\"This sobering data paints a dire picture of how woefully unprepared the United States is to cope with the mounting climate crisis and its intersection with other socioeconomic challenges in people\'s daily lives,\" said Rachel Cleetus, a policy director at the Union of Concerned Scientists said in a statement. \"Rather than responding in a one-off manner to disasters within the U.S., Congress should implement a comprehensive national climate resilience strategy commensurate with the harm and risks we\'re already facing.\"


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New York man sets world record for eating at most Michelin-starred restaurants in a day
New York man sets world record for eating at most Michelin-starred restaurants in a day
A New York man has set a world record for eating at the most Michelin-starred restaurants in a single day.


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Macron is either brave or foolhardy as he tries to get the French to work for longer
Macron is either brave or foolhardy as he tries to get the French to work for longer
An explosive year lies ahead as the last time these policies were tried there were months of industrial unrest and protests.


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Capella Space raises $60 million from fund run by billionaire entertainment exec Thomas Tull
Capella Space raises $60 million from fund run by billionaire entertainment exec Thomas Tull
San Francisco-based satellite imagery specialist Capella Space raised $60 million from the U.S. Innovative Technology Fund of billionaire Thomas Tull.


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WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup
WSJ News Exclusive | Several Top Rivian Executives Depart the Electric-Vehicle Startup
You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.


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Britain's satellite hopes undimmed by mission failure
Britain's satellite hopes undimmed by mission failure
Britain's hopes of becoming a prime launch site for small satellites remain intact despite the failure of what would have been the first launch into orbit from western Europe, business minister Grant Shapps said on Tuesday.


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Virgin Orbit: how the UKs first space launch ended in failure
Virgin Orbit: how the UKs first space launch ended in failure
A 27 per cent chance of failure. Buried in the documents submitted to the Civil Aviation Authority ahead of Britains first attempt to launch satellites from UK soil, a risk analysis laid bare the challenges of getting a rocket into orbit.Virgin Orbit planned for 17 launches from British soil betwee


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App marketers are turning to machine learning to prevent high-value user churn
App marketers are turning to machine learning to prevent high-value user churn
Machine learning can help identify the likelihood that a user will churn, and the steps to take to avoid that.


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Brazils attempted coup was thwarted by Lulas decisive action, minister says
Brazils attempted coup was thwarted by Lulas decisive action, minister says
Exactly who orchestrated and bankrolled Sunday's violence - and what their precise goals were - remains unclear.But Padilha said he believed the insurrectionists had come to the capital convinced they could close down the Brazilian presidency, congress and supreme court and that a parallel "political command" would be able occupy that space with the help of sympathetic military or other security forces."Many of them [imagined their actions] might open the door to some kind of action from security officers or members of the armed forces that would make it impossible for the Brazilian government to operate and impair the role of the supreme court," he said.Padilha said the government had intelligence showing that Bolsonarista reinforcements were set to be bussed into the capital on Sunday night from three Brazilian states - São Paulo, Minas Gerais and Goiás - to bolster the coup attempt.There is no evidence that Jair Bolsonaro was directly involved in any such a plot. The former army captain and president, who is currently in the US, has denied involvement in the mayhem.But Lula's minister blamed Bolsonaro's relentless undermining of Brazil's democratic institutions for creating the backdrop for the upheaval."For four years the ex-president Bolsonaro spread and cultivated an atmosphere of hatred in this country, not just against political parties, the opposition and in particular the leadership of President Lula, but also against Brazil's supreme court," he said.Padilha admitted that Brazil's security forces had been "contaminated" by Bolsonaro's antidemocratic ideals."We know that numerous institutions have been contaminated by Bolsonarista hatred and the putschist practices of the Brazilian far right," he said.


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Here's what to know about a new student loan proposal that provides payment relief to borrowers making less than $30,600 | CNN Politics
Here's what to know about a new student loan proposal that provides payment relief to borrowers making less than $30,600 | CNN Politics
A new proposal from the Biden administration would lower federal student loan payments for some Americans -- and pause payments completely for anyone making less than $30,600 a year.


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Haiti left with no elected government officials as it spirals towards anarchy
Haiti left with no elected government officials as it spirals towards anarchy
At a summit in Mexico City on Tuesday Joe Biden was expected to lobby Justin Trudeau for Canada to lead an international security force – in part to help stem the flow of Haitian refugees reaching the US.


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Brazils Authorities Race to Identify Organizers of Braslia Riot
Brazils Authorities Race to Identify Organizers of Braslia Riot
A person’s presence at the protest camp in Brasília, or even on the avenue of the federal buildings, may not be enough to convict, said Bruno Baghin, a public defender and a law professor at the School of Public Defense of São Paulo State.


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Bolsonaro Did Not Seek Italian Citizenship, Rome Says After Brazil Violence
Bolsonaro Did Not Seek Italian Citizenship, Rome Says After Brazil Violence
Former Brazilian President Jair Bolsonaro has not requested Italian citizenship and probably would not get it even if he applied, Italy said on Tuesday, after hundreds of his backers were arrested for storming Brazil's state institutions.


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Gas-stove ban: U.S. moves closer to action as a consumer agency turns up its scrutiny
Gas-stove ban: U.S. moves closer to action as a consumer agency turns up its scrutiny
The U.S. could be edging nearer to a ban on gas stoves, if the interest of a federal consumer safety commission is any indication.


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Hackers can trick Wi-Fi devices into draining their own batteries
Hackers can trick Wi-Fi devices into draining their own batteries
Wi-Fi devices acknowledge each other, even when not connected to the same network, and hackers can exploit this to drain their batteries


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Opinion: Biden is hesitating at curbing the excessive rise in prescription drug prices | CNN
Opinion: Biden is hesitating at curbing the excessive rise in prescription drug prices | CNN
To meet the needs of millions of Americans struggling to afford necessary medications, Biden must ensure the narrow legislative progress made last year is catalyzed into much broader relief through executive action.


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Meek Mill apologizes for filming a music video in Ghana's presidential palace | CNN
Meek Mill apologizes for filming a music video in Ghana's presidential palace | CNN
To the people of Ghana no video I drop is ever meant to disrespect the people of Ghana …. The fastest way to make connection is thru music and I wanted to do that with displaying art … im in my 30's from America and didn't know much about the lifestyle here


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Matt Gaetz says defunding Ukraine should be top priority
Matt Gaetz says defunding Ukraine should be top priority
Matt Gaetz also said the U.S. could protect itself more efficiently as he spoke about the possibility of reducing defense spending.


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Allen Weisselberg, former Trump Org. CFO, sentenced to 5 months in jail | CNN Politics
Allen Weisselberg, former Trump Org. CFO, sentenced to 5 months in jail | CNN Politics
Allen Weisselberg, former President Donald Trump's long-time chief financial officer, was sentenced by a New York judge to five months in jail for his role in a decade-long tax fraud scheme after testifying as the state's witness against the Trump Organization.


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The most disturbing finding from Trumps tax returns
The most disturbing finding from Trumps tax returns
If Congress had known about Trump's foreign bank accounts earlier, they could very well have looked into them.


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German foreign ministers Kharkiv visit gives hope of tank supply
German foreign ministers Kharkiv visit gives hope of tank supply
The senior politician, a close ally of the Russian president, Vladimir Putin, said the west's plan was to "continue to pull Russia apart, and eventually just erase it from the political map of the world" and that the US was "a shell for a conglomerate of huge corporations that rule the country and try to dominate the world".


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Goldman Sachs raises $1.6 bln private capital for climate fund
Goldman Sachs raises $1.6 bln private capital for climate fund
Goldman Sachs Asset Management, the fund arm of Goldman Sachs , said on Tuesday it had raised $1.6 billion for its first private equity fund focused on investing in companies providing climate and environmental solutions.


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Babies R Us attempts comeback, plans to open store at American Dream mall in New Jersey
Babies R Us attempts comeback, plans to open store at American Dream mall in New Jersey
The new Babies R Us outpost will be a \"one-stop-shop for all things baby,\" the company said. In addition to the typical line of merchandise, it will offer customers a range of interactive experiences, including a stroller test track, photo-op station and a wishing tree. 


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'No Amnesty!': Brazilian Protests Demand Jail For Rioters
'No Amnesty!': Brazilian Protests Demand Jail For Rioters
Thousands of protesters demanded retribution against supporters of former President Jair Bolsonaro who stormed Brazils capital.


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Meet the designers printing houses out of salt and clay
Meet the designers printing houses out of salt and clay
Ronald Rael and Virginia San Fratello are rethinking the way we build and make things.


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What the US, Mexico and Canada agreed on ahead of 'Three Amigos' summit
What the US, Mexico and Canada agreed on ahead of 'Three Amigos' summit
The White House announced new agreements between the United States, Mexico and Canada on Tuesday, just hours before the countries' leaders meet for talks in Mexico City.


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Brazil's Bolsonaro tweets photo of himself in Florida hospital amid calls for him to be expelled from U.S.
Brazil's Bolsonaro tweets photo of himself in Florida hospital amid calls for him to be expelled from U.S.
"The United States should not be a refuge for this authoritarian who has inspired domestic terrorism in Brazil," said Texas Rep. Joaquin Castro.


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NSW Labor candidate Khal Asfour cleared of wrongdoing after allegations were made in parliament
NSW Labor candidate Khal Asfour cleared of wrongdoing after allegations were made in parliament
In the review, Moses made no findings over the use of parliamentary privilege to raise the claims but said he “noted and agreed” with comments by Icac’s chief commissioner, John Hatzistergos, that investigations into any allegations of misconduct were “rarely if ever assisted by premature publicity”.


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Amazon plans to close three UK warehouses, impacting 1,200 workers
Amazon plans to close three UK warehouses, impacting 1,200 workers
Amazon is considering closing three sites in England and in Scotland in a move union reps criticize despite the company's pledges of alternative jobs.


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British scientists plan to expand genomic sequencing from COVID to flu
British scientists plan to expand genomic sequencing from COVID to flu
Genomic sequencing allowed the world to track new coronavirus variants throughout the pandemic. Now British researchers plan to use it to better understand a host of other respiratory pathogens, from influenza to respiratory syncytial virus (RSV).


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Pizza Hut is bringing back a fan favorite from the '90s | CNN Business
Pizza Hut is bringing back a fan favorite from the '90s | CNN Business
Pizza Hut is bringing back a fan favorite after a nearly 25-year hiatus.


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Gwen Stefani draws backlash for saying 'I'm Japanese' in response to cultural appropriation charges
Gwen Stefani draws backlash for saying 'I'm Japanese' in response to cultural appropriation charges
Gwen Stefani is doubling down again on her infamous Harajuku era amid decades-long accusations of cultural appropriation, claiming "I'm Japanese."


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Navy seizes fishing boat carrying illegal weapons from Iran to Yemen
Navy seizes fishing boat carrying illegal weapons from Iran to Yemen
A fishing boat in the Gulf of Oman was carrying more than 2,000 assault rifles last week when it was stopped by forces assigned to U.S. Central Command, Navy officials said Tuesday.


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Winning another League Cup won't change my life, says Guardiola
Winning another League Cup won't change my life, says Guardiola
Manchester City coach Pep Guardiola said becoming the League Cup's most successful manager will not change his life, insisting the glory belongs to the players should his side add yet another trophy to their collection.


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How a speaker of the House can be ousted with a 'motion to vacate'
How a speaker of the House can be ousted with a 'motion to vacate'
Speaker Kevin McCarthy made concessions to the far right to get his job, including changing the rules to allow any member of Congress to force a vote to remove him.


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Facebook's 'Ethical' Outsourcing Partner Quits Content Moderation Work
Facebook's 'Ethical' Outsourcing Partner Quits Content Moderation Work
Facebooks largest content moderation provider in Africa said it would be discontinuing its work for the social media giant, nearly a year after a TIME investigation


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British scientists plan to expand genomic sequencing from COVID to flu
British scientists plan to expand genomic sequencing from COVID to flu
Genomic sequencing allowed the world to track new coronavirus variants throughout the pandemic. Now British researchers plan to use it to better understand a host of other respiratory pathogens, from influenza to respiratory syncytial virus (RSV).


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Russia risks becoming a failed state in the next 10 years, analysts say
Russia risks becoming a failed state in the next 10 years, analysts say
Russia as we know it may not survive the coming decade and risks becoming a failed state as it pursues its costly Ukraine war, global analysts believe.


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NSW Labor candidate Khal Asfour cleared of wrongdoing after allegations were made in parliament
NSW Labor candidate Khal Asfour cleared of wrongdoing after allegations were made in parliament
In the review, Moses made no findings over the use of parliamentary privilege to raise the claims but said he “noted and agreed” with comments by Icac’s chief commissioner, John Hatzistergos, that investigations into any allegations of misconduct were “rarely if ever assisted by premature publicity”.


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Daily Crunch: Citing 'unscrupulous actors' and market trends, Coinbase CEO lays off 950 workers
Daily Crunch: Citing 'unscrupulous actors' and market trends, Coinbase CEO lays off 950 workers
Some sources told Manish that OpenAI’s startup fund is in talks to invest in silicon chip bigwigs Sam Zeloof and Jim Keller, who started Atomic Semi to manufacture chips. And get this: the proposed $15 million investment will value the company at $100 million. Not too shabby, er, should we say silicon-y.


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Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx
Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx
Shoobx will be folded into Fidelity’s Stock Plan Services business, which provides equity compensation plan recordkeeping and administration services to nearly 700 companies with 2.5 million plan participants, totaling over $250 billion in plan value. Stock Plan Services is part of Fidelity’s Workplace Investing division, one of the country’s leading workplace benefits providers.


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6 crypto investors talk about DeFi and the road ahead for adoption in 2023
6 crypto investors talk about DeFi and the road ahead for adoption in 2023
This year, our focus is on helping founders find creative ways to grow through this market and position themselves for the next bull market. We’re also focused on sourcing opportunistic investments at attractive valuations and incubating more projects in-house.


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TechCrunch+ roundup: New success metrics, M&A timeline, 5 cloud trends for 2023
TechCrunch+ roundup: New success metrics, M&A timeline, 5 cloud trends for 2023
Even though crowdfunding fell from $486 million in 2021 to $426 million last year, “I’ve seen a lot more Y Combinator companies, Techstars and venture-backed companies,” said Krishan Arora, CEO and founder of the Arora Project.


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2023 will bring crisper methods for evaluating startup success
2023 will bring crisper methods for evaluating startup success
Assuming you have high gross retention rates, it may make sense to burn cash, but it won’t if you are burning more capital than the amount of new business accrued. As growth rates decline, many companies are slashing burn rates accordingly, resulting in a wave of layoffs even at companies with strong balance sheets and market positions.


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Data observability startup Metaplane lands investment from YC, others
Data observability startup Metaplane lands investment from YC, others
Hu didn’t answer questions about revenue, but said that Metaplane, which has a team of 10 employees, hasn’t yet faced roadblocks due to the broader tech slowdown. He attributes the success in part to Metaplane’s freemium model, which lets customers sign up for self-serve service and then opt to purchase a premium subscription.


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Ukrainian troops will travel to Oklahoma to learn to operate the Patriot missile system.
Ukrainian troops will travel to Oklahoma to learn to operate the Patriot missile system.
The United States has operated training programs for Ukrainian troops for years. It beefed up those programs after Russia’s illegal annexation of Crimea in 2014. Last year, the Pentagon trained around two dozen Ukrainians in the United States on how to use the Phoenix Ghost drone.


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The best job in America pays over $120,000 a year and offers a low-stress, healthy work-life balance
The best job in America pays over $120,000 a year  and offers a low-stress, healthy work-life balance
The following week, Facebook's parent Meta  META, +2.72%  announced it would lay off 11,000 employees, equivalent to 13% of the social-media company's employee base. And also in November, Amazon  AMZN, +2.87% said it plans to lay off 10,000 workers, or about 3% of its white-collar employees, and signaled that there may be more cuts this year.


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California storm damage could top $1 billion.
California storm damage could top $1 billion.
At least 40 percent of the land mass of the mainland United States has been in drought for the past 119 weeks — longer than at any other time in the 22 years the U.S. Drought Monitor has been keeping track.


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Used car prices post biggest drop ever as new luxury car sales boom
Used car prices post biggest drop ever as new luxury car sales boom
Bank of America analysts cited factors such as modest volume expansion, an upward bias on pricing, licensing opportunities, and a commitment to preserving the “exclusive luxury culture” (i.e., controlling production volumes) as “upside risks” for the stock going forward.




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