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The Entire Economy Is MoviePass Now. Enjoy It While You Can.

Inspired by Silicon Valley’s hyper-growth, companies elsewhere are burning cash in hopes of being the next big thing.

Click to view the original at nytimes.com

Hasnain says:

"For consumers who are willing to do their research, though, this can be a golden age of deals. We can get our “Avengers: Infinity War” tickets and pecan-crusted salmon meal kits, reaping the benefits of artificially cheap goods and services while investors soak up the losses. The current crop of money-losing companies may not survive forever, but as long as someone is willing to keep funding these types of gambles, there’s no reason to stop enjoying the fruits of their optimism."

Posted on 2018-05-16T21:58:52+0000

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US cell carriers are selling access to your real-time phone location data

The company embroiled in a privacy row has "direct connections" to all major US wireless carriers, including AT&T, Verizon, T-Mobile, and Sprint -- and Canadian cell networks, too.

Click to view the original at zdnet.com

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Why Traditional TV Is in Trouble

Dropping ratings, especially among young people, and more viewing options mean broadcast TV is in a precarious position as it pitches itself to advertisers.

Click to view the original at nytimes.com

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GDPR will pop the adtech bubble

In The Big Short, investor Michael Burry says “One hallmark of mania is the rapid rise in the incidence and complexity of fraud.” (Burry shorted the mania- and fraud-filled subprime mor…

Click to view the original at blogs.harvard.edu

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Man Allegedly Used Change Of Address Form To Move UPS Headquarters To His Apartment

Prosecutors say he received thousands of pieces of mail intended for the company, including checks and corporate credit cards. He is now facing federal charges.

Click to view the original at npr.org

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Able, Allowed, Should; Navigating Modern Tech Ethics

I want to share a talk I gave on the design track at SXSW in early March of this year. This talk was inspired by a deeply held belief that…

Click to view the original at medium.com

Hasnain says:

“After reading his story, we invited him to Facebook to talk about his experience. His talk deeply influenced the design team and one thing he said was turned into a memorable poster by our Analog Research Lab: “When you say “Edge Case” you’re really just defining the limits of what you care about”.”

Posted on 2018-05-09T17:15:41+0000

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Google Duplex: An AI System for Accomplishing Real World Tasks Over the Phone

Posted by Yaniv Leviathan, Principal Engineer and Yossi Matias, Vice President, Engineering, Google A long-standing goal of human-comput...

Click to view the original at ai.googleblog.com

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96-Year-Old Secretary Quietly Amasses Fortune, Then Donates $8.2 Million

A frugal woman from Brooklyn, who rode the subway to work at one law firm for 67 years, left millions for students at Henry Street Settlement and Hunter College.

Click to view the original at nytimes.com

Hasnain says:

“She was a secretary in an era when they ran their boss’s lives, including their personal investments,” recalled her niece Jane Lockshin. “So when the boss would buy a stock, she would make the purchase for him, and then buy the same stock for herself, but in a smaller amount because she was on a secretary’s salary.”

Posted on 2018-05-07T04:37:20+0000

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Canada facing ‘brain drain’ as young tech talent leaves for Silicon Valley

A new study one-in-four recent STEM graduates from three of the country’s top universities were working outside Canada

Click to view the original at theglobeandmail.com

Hasnain says:

"Pearl Sullivan, the dean of Waterloo’s engineering school, disputed the assertion that a high number of Waterloo students head south after graduation, maintaining that 85 per cent of alumni list a Canadian address as their preferred point of contact. According to the university, migration rates have dropped sharply since 2000 and are now around 10 per cent."

Posted on 2018-05-05T17:42:33+0000

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The Man Who Cracked the Lottery

When the Iowa attorney general’s office began investigating an unclaimed lottery ticket worth millions, an incredible string of unlikely winners came to light - and a trail that pointed to an inside job.

Click to view the original at nytimes.com