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Hong Kong's future

China is creating a plan to replace Carrie Lam. If Xi Jinping gives the go-ahead, Lam’s replacement would be installed by March and serve out the rest of her term until 2022, CNBC reports. Timing is key as Beijing reportedly wants to wait until protests calm down.

Beijing reportedly developing plan to replace Hong Kong's leader by March

The PLA has a garrison of 6000 troops and armored vehicles in Hong Kong, on the island and in the New Territories. So, can we rachet back on the "troops on the border" rhetoric? They are already here. Carrie Lam had the opportunity to make some concessions to the protesters; an inquiry into violence

The PLA has a garrison of 6000 troops and armored vehicles in Hong Kong, on the island and in the New Territories. So, can we rachet back on the "troops on the border" rhetoric? They are already here. Carrie Lam had the opportunity to make some concessions to the protesters; an inquiry into violence and brutality and to reintroduce the 2014 suffrage legislation, flawed that it is. But having witnessed the chaos and destruction of the protesters first hand, I'm less inclined to believe they are truly protesting for democracy.

Lebanon, in 📉 and 📸

India's coal addiction

What makes coal so dirty? It’s a crucial question, given that without cutting its use drastically, the world won’t hit its greenhouse gas emissions targets. Quartz reporter Akshat explains the trouble with the sedimentary rock, which India uses for 55% of its energy. ✦

The science of what makes coal so dirty

Coal's many sins shouldn't be used to forget the value it has offered to humanity. Coal powered the industrial revolution and it continues to pull people out of poverty in much of the world. During the 17th and 18th centuries, coal helped create the carbon-based branch of chemistry we call "organic chemistry,

Coal's many sins shouldn't be used to forget the value it has offered to humanity. Coal powered the industrial revolution and it continues to pull people out of poverty in much of the world. During the 17th and 18th centuries, coal helped create the carbon-based branch of chemistry we call "organic chemistry," which I studied to gain my PhD from the University of Oxford. Organic chemists have won one in five of all Nobel Prizes in chemistry awarded over the last 120 years.

Coal is typically just carbon when taught in chemistry class. I had no idea that in reality, it contains so many other elements (mercury, cadmium, etc). The coal scientist Akshat quotes sums it up nicely: “coal is the most complex solid we’ve ever found and analyzed”.

China's tech darlings

India's online marketplace

Different kinds of jobs

Under Armour's founder will step down as CEO. Kevin Plank is handing the reigns of his sportswear empire to chief operating officer Patrik Frisk—who will still report to Plank in his new role as executive chairman. Plank will work on reenergizing its products and image.

Kevin Plank is stepping down as Under Armour CEO to work on reenergizing its products and image

Frisk helped build two of the strongest brands at VF Corp (The North Face and Timberland) up into the mainstream and did the same as CEO of Aldo. It's the right transition for the brand, but I'm not entirely convinced of its move away from athleisure.

UA's brand is performance, but having an "everyday

Frisk helped build two of the strongest brands at VF Corp (The North Face and Timberland) up into the mainstream and did the same as CEO of Aldo. It's the right transition for the brand, but I'm not entirely convinced of its move away from athleisure.

UA's brand is performance, but having an "everyday" or "off day" division of clothing may help balance the rise of athleisure brands like Lululemon slowly adding on performance divisions.

Why Nike selected a tech executive as its next CEO. The company has been investing heavily in tech and data analytics. It sees its new CEO leading it into a future focused on data-driven, direct-to-consumer sales.

Why Nike selected a tech executive as its next CEO

"Parker, who has been Nike's CEO since 2006 and has worked at the company for four decades, will become the company's executive chairman, according to the press release."

This is one of the most important parts; Nike needed Parker in some sort of capacity after he steps down as CEO for 13 years.

Why

"Parker, who has been Nike's CEO since 2006 and has worked at the company for four decades, will become the company's executive chairman, according to the press release."

This is one of the most important parts; Nike needed Parker in some sort of capacity after he steps down as CEO for 13 years.

Why?

Because Parker steered the company through countless potential disasters, from the gender discrimination mess in 2018 and the Kaepernick campaign backlash to their disservice to pregnant athletes. He didn't just address them; he fixed the problems, wiped out the bad actors, and managed to TRIPLE sales.

Parker is a heck of an architect.

If overall sales are booming for Nike while US sales are slowing down, that means that their footprint internationally is growing a lot (like Netflix and a few other US companies with a strong global brand identity). If they’re looking to the future, a former e-bay leader makes sense as someone to help

If overall sales are booming for Nike while US sales are slowing down, that means that their footprint internationally is growing a lot (like Netflix and a few other US companies with a strong global brand identity). If they’re looking to the future, a former e-bay leader makes sense as someone to help build online based infrastructure for the global market instead of having to build a deep network of vendors to sell their products like they have established at home.

This is a very interesting move. It just goes to show that the biggest companies on the planet are all actually tech companies today - whether you realize it or not...

Money, money, money

Lawmakers move to make it much harder to launder money in the US. A bill looking to dent America’s status as the world’s biggest tax haven—by forcing owners of US firms to disclose identities to law enforcement—passed a vote in the House.

Lawmakers move to make it much harder to launder money in the US

This would be a welcome, if painfully overdue, measure to curb the use of shell companies, etc. It’s just way too easy to hide assets on an incredible scale in the US, mainly because of the government’s refusal to do anything about it.

Of course, whatever actually gets implemented will probably be a

This would be a welcome, if painfully overdue, measure to curb the use of shell companies, etc. It’s just way too easy to hide assets on an incredible scale in the US, mainly because of the government’s refusal to do anything about it.

Of course, whatever actually gets implemented will probably be a halfhearted, loophole-ridden mess... but at least it would be something.

Now if only they’d crack down on corporate tax evasion. You’d think the government would have a strong incentive to make corporations and the rich pay what they owe, but that’s not the case when lobbyists run the country.

This is pretty big from the White House: "The bill got a late boost today when the White House commended it, saying it 'represents important progress in strengthening national security, supporting law enforcement, and clarifying regulatory requirements.'"

And if you haven't yet, definitely read colleague

This is pretty big from the White House: "The bill got a late boost today when the White House commended it, saying it 'represents important progress in strengthening national security, supporting law enforcement, and clarifying regulatory requirements.'"

And if you haven't yet, definitely read colleague Max de Haldevang's deep dive (Quartz member exclusive) into the United States as the world's largest tax haven: https://qz.com/1593317/welcome-to-the-worlds-biggest-tax-haven-the-usa/

It is a start but clever lawyers and international banking will avoid the traps. If they were really serious crypto payments and other anonymous payment systems would also have to be shut down.

The complexity of money laundering techniques make it challenging to uncover wrongdoing when information can be hidden about the nature and ownership structure of companies. It is good to see that the USA is joining others across the world to finally bridge this gap. One risk to guard against is the

The complexity of money laundering techniques make it challenging to uncover wrongdoing when information can be hidden about the nature and ownership structure of companies. It is good to see that the USA is joining others across the world to finally bridge this gap. One risk to guard against is the politically motivated investigations such added transparency could drive in the short run.

International Astronautical Congress

To infinity and beyond. Amazon founder Jeff Bezos has put together a new consortium to build a lunar lander for NASA’s Artemis program with his space company Blue Origin.

Jeff Bezos has built a team to take astronauts back to the moon

Blue Origin vs SpaceX seems like a very interesting “old school vs new school” battle - just in space. I think the real crux of this race is whether NASA will be the center body in the 21st century space race, like it was in the 20th century. If yes - it sounds like Bezos has this in the bag due to the

Blue Origin vs SpaceX seems like a very interesting “old school vs new school” battle - just in space. I think the real crux of this race is whether NASA will be the center body in the 21st century space race, like it was in the 20th century. If yes - it sounds like Bezos has this in the bag due to the ties he’s built to the space-faring establishment. If no - I’d say Musk has it because he has stronger brand identity with the public and he’s also doing regular business with other countries as well as private businesses for launching satellites and other equipment.

If the dorm-room style space entrepreneurship plays out like Bezos mentions in this article - will those kids think to call Blue Origin or SpaceX first?

Marking 30 years of the web

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Uber is jumping on the dockless bike-share bandwagon

Uber is jumping on the dockless bike-share bandwagon

Read more on theverge.com

From Our Members

  • China's Didi (which bought out Uber here) began doing this last week. Dockless ride-sharing bikes are huge in China; so huge there is a glut in bikes nationwide. Mobike and Ofo are the two largest companies duking it out, but Didi did something remarkable, they offered users of their app to locate bikes

    China's Didi (which bought out Uber here) began doing this last week. Dockless ride-sharing bikes are huge in China; so huge there is a glut in bikes nationwide. Mobike and Ofo are the two largest companies duking it out, but Didi did something remarkable, they offered users of their app to locate bikes from ALL bike-share vendors.

  • Whoa: Uber is launching an e-bike program in SF. A lot of cities have implemented their bike share systems (like Citibike, Nike bikes in Portland, bikes in London, etc.) and now the current evolution is these heavy dockless bikes that are located in China and SF. With these new bikes, it was a natural

    Whoa: Uber is launching an e-bike program in SF. A lot of cities have implemented their bike share systems (like Citibike, Nike bikes in Portland, bikes in London, etc.) and now the current evolution is these heavy dockless bikes that are located in China and SF. With these new bikes, it was a natural fit for a major company to partner, and with ride sharing startups like Uber helping to connect more cities, it's the right move.

    Also important (from WIRED): "JUMP, the startup Uber partnered with, recently received the first and only permit to operate dockless bike-sharing in San Francisco. JUMP’s contract with the San Francisco Municipal Transportation Agency enables it to launch 250 of its dockless, electric bikes in San Francisco."

  • This is bad news for the numerous entrepreneurs getting into this space (including a friend out of Georgia Tech’s Flashpoint incubator presenting tomorrow in NY.) That said when this scales and they can figure out the litter issue mentioned above, it’s win for the planet and the consumer. I predict that

    This is bad news for the numerous entrepreneurs getting into this space (including a friend out of Georgia Tech’s Flashpoint incubator presenting tomorrow in NY.) That said when this scales and they can figure out the litter issue mentioned above, it’s win for the planet and the consumer. I predict that works by some sort of in-app incentive to secure the bike in the proper place, and rating decreases/fines if they don’t. (i.e. the next rider can rate the previous riders bike placement) Additionally this makes go to market much easier by removing the need to partner with and install at physical locations. All in all I’m excited to see how this scales up with Uber’s logistics and user base. And how Lyft responds.

  • I am still on the fence when it comes to dockless bike-sharing. On one hand, it’s great because it encourages us to lead a healthier lifestyle and has a positive impact on our environment while offering us convenience, but on the other hand, these dockless bikes have become quite annoying, to put it

    I am still on the fence when it comes to dockless bike-sharing. On one hand, it’s great because it encourages us to lead a healthier lifestyle and has a positive impact on our environment while offering us convenience, but on the other hand, these dockless bikes have become quite annoying, to put it nicely. The city I live in has been experimenting with LimeBike the past few months, and they are starting to become a nuisance. They are blocking sidewalks, driveways, crosswalks, and small business storefronts, and I have even found them parked in front of cars parked in handicap areas!

  • Yes! We need shared bikes now more than ever. I’m sure they will learn from the crazy glut of bikes in China to make sure this is a sustainable plan. It would be terrible if this was misexexuted and support faltered.

  • Don’t forget to wash your hands. #flu

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