Homeland Security wants to scan the faces of US citizens. Up until now, Americans have been exempt from the mandatory facial scans that non-citizen travelers face, but a new government proposal—which is already facing civil rights challenges—could change that.
Contributions
Is there much of a difference between facial scans and fingerprints? I mean we (mostly) all have driver’s licenses, which (spoiler alert) have photos.
Good morning.
Violent protests continue across India against a new citizenship law. Under the legislation, non-Muslims from adjacent countries can become Indian citizens. Some say the law is anti-Muslim, while others fear large-scale migration. India’s prime minister has appealed for calm.Quartz
China is boycotting a Premier League star, but most people there don’t know why. Arsenal’s Mesut Ozil, who is German of Turkish origin, and is Muslim, was critical of the country’s repression of Uyghurs, which led to the usual backlash. But the public in China hasn’t seen what he actually said.Quartz
Moving around
Even India’s most punctual airline is late a third of the time. A survey of domestic flights arriving in four major airports in the country showed that GoAir was on time in only two out of three flights. National carrier Air India was the worst of the six airlines surveyed.Quartz
Can electric air taxis replace the Uber ride? Investors seem to think so, as they're pouring money into startups trying to build small aircrafts capable of vertical take-off and landing. But research into this sector is expensive—certifying an aircraft can cost $1 billion—and ventures are burning cash.Quartz
How to navigate the business of water scarcity
The world is running out of freshwater, and businesses are largely to blame. It's a failure of capitalism, in part because water's value isn't reflected in its price. Quartz's latest field guide shows that investors are paying more attention to corporate water issues, and that lots of companies are starting to respond. ✦Quartz
Reading the tea leaves after the UK elections
Investor nuns take a stand against BlackRock
Electric car batteries hold up
What do you call meat grown from cell cultures?
"Lab-grown meat," by any other name... would be more appealing to consumers, according to some in the "cultured" or "cell-based" meat industry. As startups rush to bring a product to market in 2020, they're struggling to form a consensus on what to label this new meat.Quartz
Clean meat seems to be a good label. Cleanly grown, cleanly processed, or so like to I’d assume.
‘Cultured’ has been used in Jewelry for years mostly associated with pearls. It has been adapted to describe Lab Grown Diamonds, I think ‘cultured’ is a very good word to universally describe human-made product.
Have some historical perspective
We’ve been living in a post-truth world since propaganda was invented. John Huston's widely praised World War II "documentary," The Battle of San Pietro, harkens back to an era of truly fake news, when scenes were staged in service of a grander truth.JSTOR Daily
Our rules for gender, race, and sexuality are arbitrary. South Africa offers a convincing case study: British colonial authorities redefined African and Indian social practices as aberrant to uphold white settlers' power—and the legacies of these cultural battles extend into the present day.Quartz
If you thought Powerpoint was antiquated... scientists have dated the world's oldest visual story to 44,000 years ago. The cave painting in Sulawesi, Indonesia, may have been one prehistoric presenter's plan for an elaborate hunt.Quartz
If you enjoy an old-fashioned yarn, you might like this one about a 44,000 year old tale told on a cave wall in Indonesia. That is, if you don't mind an unhappy ending.
Pitching in action. Got to love the comparison with PowerPoint presentation.
Amazing how many secrets our planet still hides. We think that we know everything and then findings hidden deeply in a cave change our historic knowledge.
Hong Kong protests take a toll on tourism
Banks and fintechs battle behind the scenes
A Venmo glitch revealed the spat between banks and fintech companies. PNC Bank cut customers' access to Venmo, then suggested that they switch over to its rival payments platform Zelle.The Wall Street Journal
Getting open data/banking right will unlock tremendous values to consumers, businesses, and the financial industry as a whole. The key elements will be data governance and architecture, and consent management. Ultimately the rule of law must prevail.
Venmo is owned by PayPal, and it amazes me how PayPal has not started its own online bank company with interest rates for simple checking and savings accounts.
Taylor Swift vs. capitalist greed
Taylor Swift called out “the unregulated world of private equity” while accepting the award for Billboard's "Woman of the Decade." She singled out financial backers in the music industry for buying and selling artists' catalogues "as if it's an app or a shoe line."Quartz
Swift has always been vocal. But on the cusp of her 30th birthday she tackled a decidedly grown up topic.
I find it fascinating that she called out George Soros by name. There was a very dumb online patch maybe 18 months ago when she was tied to the alt right for completely made up reasons. Very stupid stuff. Yet bringing up George Soros name could see those same conversations re-opened. Ultimately I’m 100
I find it fascinating that she called out George Soros by name. There was a very dumb online patch maybe 18 months ago when she was tied to the alt right for completely made up reasons. Very stupid stuff. Yet bringing up George Soros name could see those same conversations re-opened. Ultimately I’m 100% with Taylor about this. Those people should be ignored and a public case is being made that private equity as its currently practiced in America (Toys R Us bankruptcy, etc) is completely indefensible.
A lot of private equity's methodology is very similar to the way successful startups build up:
Find the unexamined x-factors in an industry, and either acquire or build the ultimate solution.
In this case, owning song licenses have never been touched, with some arguments leaning towards creative commons
A lot of private equity's methodology is very similar to the way successful startups build up:
Find the unexamined x-factors in an industry, and either acquire or build the ultimate solution.
In this case, owning song licenses have never been touched, with some arguments leaning towards creative commons licenses (so others can also produce their own versions). But, and while I want to point out beforehand that it's ridiculous to paint the entire PE industry as these robbers, in this case, I'm with the singers and songwriters on this argument; they find other ways to make money off their music (concerts, festivals, merch, etc) because of their loose grips on their creations.
The bigger question is, will enough major musicians push their record companies to set riders where they own a majority or all of their music? Could another label rise up and offer that and make money though other means mentioned above?
Right now, I'm not optimistic, but Taylor's point is absolutely warranted.
While I certainly agree with the sentiment of artists owni their woks, the music and for that matter the entire entertainment industry is just that an industry driven by profit margins and ego. If an artist wants to keep control of their creations then the agent needs to include that in the contract
While I certainly agree with the sentiment of artists owni their woks, the music and for that matter the entire entertainment industry is just that an industry driven by profit margins and ego. If an artist wants to keep control of their creations then the agent needs to include that in the contract. ( this might work for established artists but for those starting out probably not)
The big name celebrities can't complain too much because it is the music industry that has made them rich.
See you later
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