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Alessandro Cripsta

Good evening.

Moving forward

How marathons became big business. Running has evolved from an unglamorous, inexpensive, and accessible sport to one increasingly shaped by PR firms and advertising dollars.

How marathons became big business

As our society becomes increasingly focused on "experiences" and "wellness" as markers of status it should be no surprise that it's popular for highly motivated people to prove through performance their ability to train hours a day for months. It should also be no surprise that the aspirations of these

As our society becomes increasingly focused on "experiences" and "wellness" as markers of status it should be no surprise that it's popular for highly motivated people to prove through performance their ability to train hours a day for months. It should also be no surprise that the aspirations of these ultra-high achievers is ripe to be co-opted by brands for profit.

The way we work

How can you stay happy at work as a longtime employee? After years in the same position, a promotion always helps. But surprisingly, LinkedIn data shows that lateral career moves can be almost as effective to keep employees in place and satisfied.

The surprisingly effective retention power of lateral career moves

Keeping an open mind about lateral moves is a great way to maintain momentum in your career—new challenges often lead to new responsibilities, which can also lead to advancement, or just expose you to work you didn't know you'd find fulfilling. Case in point: I would never have discovered digital news

Keeping an open mind about lateral moves is a great way to maintain momentum in your career—new challenges often lead to new responsibilities, which can also lead to advancement, or just expose you to work you didn't know you'd find fulfilling. Case in point: I would never have discovered digital news if I hadn't been open to moving "over" instead of "up."

Cryptic crypto

ETFs are eating the market

What happens in a flash crash? And how are they related to ETFs? One of the big questions about ETFs is the extent to which their rapid growth has led to an increasing number of flash crashes and a greater risk for the mother of all liquidity events. A financial advisor who manages millions of dollars in assets describes his experience of one. ✦

It’s alive! ETFs as Frankenstein

While ETFs have done a lot of good for investors, they bear a certain resemblance to the aggregated financial products that set off the last financial crisis, especially newer forms of "synthetic ETFs" that are derivatives of equities and bonds. It's not hard to imagine how, in the event of broader market

While ETFs have done a lot of good for investors, they bear a certain resemblance to the aggregated financial products that set off the last financial crisis, especially newer forms of "synthetic ETFs" that are derivatives of equities and bonds. It's not hard to imagine how, in the event of broader market downturn, the small liquidity crises, or flash crashes, described in this piece could snowball into a much bigger market meltdown. 😬

The new face of education

Employers shouldn’t obsess over hiring elite students. Hiring from lesser-known colleges can benefit companies in surprising ways.

Only recruiting the smartest students is a dumb hiring strategy.

It is really important to hire people who have the humility to take feedback and the confidence to give it. The college elite may not always bring that to the table. It is also equally important to get people from a wider section of the society, especially if you are building a startup that would cater to the entire country.

Buying, mindlessly

Who’s in charge of Christmas?

Ironing out fashion’s wrinkles

Go, do your thing on the runway

Close
Facebook’s Data Deals Are Under Criminal Investigation

Facebook’s Data Deals Are Under Criminal Investigation

Read more on The New York Times

From Our Members

  • It's an investigation that could take a long time to resolve. They haven't been convicted of anything (yet) and could never be. Facebook has said some third-parties were abusive, so sounds like several of these big Tech companies could he ensnared in this. Nonetheless, I welcome anything that would prevent

    It's an investigation that could take a long time to resolve. They haven't been convicted of anything (yet) and could never be. Facebook has said some third-parties were abusive, so sounds like several of these big Tech companies could he ensnared in this. Nonetheless, I welcome anything that would prevent my data from being compromised in the future.

  • This is the first criminal case against an internet platform. If it is the last, I will be surprised.

    Thanks to the unexpected release of some files that the app developer Six4Three secured during the discovery phase of its case against Facebook, we already know that Facebook has almost certainly misrepresented

    This is the first criminal case against an internet platform. If it is the last, I will be surprised.

    Thanks to the unexpected release of some files that the app developer Six4Three secured during the discovery phase of its case against Facebook, we already know that Facebook has almost certainly misrepresented the deal it had with Cambridge Analytica. I have no idea what else is in the Six4Three files, much less what is on FB’s servers, but I look forward to finding out.

  • This is not even surprising. Which says a lot. Facebook allegedly shared hundreds of millions of users' personal information with some of the largest technology companies, sometimes without user consent. Data included users' friends, contact information, etc.

    Facebook will keep doing those kind of things

    This is not even surprising. Which says a lot. Facebook allegedly shared hundreds of millions of users' personal information with some of the largest technology companies, sometimes without user consent. Data included users' friends, contact information, etc.

    Facebook will keep doing those kind of things unless it is broken up and overseen by the public (via elected officials). Other options have been tried and have failed (2011 FTC agreement seems to have been violated, statements from Zuckerberg and other Factbook higher-ups about a clampdown on sharing users' data with outside developers seem to have been contradicted).

  • If the investigations demonstrate this level of corporate misfeasance and malfeasance with private data, GDPR and even PECR violations and penalties may happen if the same were found in Europe or the UK. For ESG funds or any investor that cares about responsible investments, this would be a major issue.

  • Good. It’s almost like powerful entities occasionally face the same rules as the rest of us. Occasionally.

  • I’ve believed for more than 3 years now that Facebook leadership might face criminal charges. I know I would have been locked up long ago if I didn’t report losing control of far more innocuous data. Their culture of denial and coverup makes it far worse. They just couldn’t bring themselves to be honest

    I’ve believed for more than 3 years now that Facebook leadership might face criminal charges. I know I would have been locked up long ago if I didn’t report losing control of far more innocuous data. Their culture of denial and coverup makes it far worse. They just couldn’t bring themselves to be honest about what was happening. In fact, they generally found it consistent with their overall business model.

  • The chickens come home to roost. Elizabeth Warren's call for the breaking up of the monopolies destroying democracy globally might begin in the courts. It seems this cryptocurrency-gilded age is as corrupt as the last one.

  • Investigate, sure... And apply justice if laws were broken... But NO, do NOT accept government interference in FB business.

    If you're personally disgusted enough w FB, move YOURSELF to a different social platform... There are literally a dozen or more FB alternatives to choose from now. YES, they are

    Investigate, sure... And apply justice if laws were broken... But NO, do NOT accept government interference in FB business.

    If you're personally disgusted enough w FB, move YOURSELF to a different social platform... There are literally a dozen or more FB alternatives to choose from now. YES, they are subscription, not free... But every adult knows TANSTAAFL anyway! The FB devil is in it's APPEARANCE of being free.

    Never involve bureaucrats because you discovered the carnival magician was fake... If you believed FB wasn't selling YOU to the open markets, it's because you were being willfully blind. You can stop being sold literally this second... Go uninstall FB, replace it with one of the pay subscription socials, then go invite your old FB "friends" to join you (and pay, instead of being the product being sold.)

    This is actually a very fascinating social study in the addiction to prostitution... Society of FB; look in the mirror

  • Well, it is as the saying goes "with great power comes a federal investigation". I'm sure the public was already skeptical of what was happening to their data when they signed up to a free service, but wasn't aware to what extent. This gives us a taste of how rampant it is and how many players are involved

    Well, it is as the saying goes "with great power comes a federal investigation". I'm sure the public was already skeptical of what was happening to their data when they signed up to a free service, but wasn't aware to what extent. This gives us a taste of how rampant it is and how many players are involved.

    I don't know that I could reasonably expect Facebook to keep that info to themselves when they have every incentive not to. I also don't know how Facebook could not have expected this to blow up in their face.

    But sure, let's hear more about how you want to be privacy focused and offer interoperablity with your platforms. 😬

  • It's funny because people keep telling me privacy isn't a problem in the US and I keep insisting that implementing a GDPR style regulation isn't far away. This probe is an example of this.

  • If there is even the slightest hint of impropriety an investigation is validated.

    The other side of the argument is if we put data out in the cyberspace it's no different than postcards and party lines from the forgotten past.

  • Even with this news...I bet more people will sign UP for Facebook rather than leave it.

    I honestly wish I could fully grasp just why and how this platform is so popular but my guess is that it all boils down to embedded narcissism that is rampant in our society these days.

  • Oy vay, here comes persecution due to beliefs. Here come the thought police.

  • The best response to the continued unethical, if not outrightly illegal, conduct of FB is for us "consumers" to just pull out. Go over to MeWe - or whatever ethical alternatives may arise - and abandon all the profiteering and Leftist censorship of FB!

  • A welcome development.

  • It's funny how high ranking individuals within corporations start jumping ship at these times. I'm sure nothing like that will happen with Facebook. *scrolls to next story* nvm

  • Need to have some sort of thing for you to do it all over here

  • Wasn't expecting this, but I'm very glad to see it.

  • Knew this was coming...

  • Facebook rocketed to the top of the social media food chain and now we are seeing the fallout from that speedy rise. #stayinformed #knowledgeispower

  • Yes is the truth is Facebook to investigation Facebook the reason is so mini thing like sex post

  • Facebook has entered the dark side, of constant investigation. Current questions will lead to additional investigations. Facebook will now suffer what Microsoft did, during its lost decade. Not saying they didn’t bring it on themselves...

  • What took so long....

  • How much of this is OUR own responsibility. If you don't want people to know your business, keep it to your self, ESPECIALLY Facebook

  • Excellent news! Hope all of them are lock in jail for a long long time!

  • Wow