Who To Sue When A Robot Loses Your Fortune
The first known case of humans going to court over investment losses triggered by autonomous machines will test the limits of liability. A Hong Kong tycoon is going after the salesman who persuaded him to entrust his fortune to the supercomputer whose trades cost him more than $20 million.
Why A Struggling Rust Belt City Pinned Its Revival On A Self-chilling Beverage Can
Welcome to Youngstown, Ohio, home of Chill-Can, the self-chilling beverage container you’ve probably never heard of. Officials have gambled millions of dollars and demolished a neighborhood for the product. Not one job has been created yet.
Big Tech Takes Aim At The Low-Profit Retail-Banking Industry
After years of timidity Big Tech, with its billions of users and gigantic war chest, at last appears serious about crashing the fintech party. Amazon and Apple introduced a credit card. Facebook announced a new payments system and Google said it would start offering current (checking) accounts in America.
Farmer’s Fridge Wants To Make Eating Healthy Food As Easy As Getting Money From An ATM
Farmer’s Fridge retrofits vending machines to serve up healthy foods — salads, sandwiches, granola, etc. — for people on the go. In order to ensure restaurant-quality food, Farmer’s Fridge has a chef on board who receives feedback from customers to constantly tweak the menu and the food.
What Really Happens When You Donate Your Clothes—And Why It’s Bad
Contrary to popular (naive) belief, less than 20 percent of clothing donations sent to charities are actually resold at those charities. The other 80 percent is sent to textile recyclers who then determine the next cycle of the garment’s life.
How The Environmental Lawyer Who Won A Massive Judgment Against Chevron Lost Everything
Few news outlets covered the detention of Steven Donziger, who won a multibillion-dollar judgment in Ecuador against Chevron over the massive contamination in the Lago Agrio region and has been fighting on behalf of Indigenous people and farmers there for more than 25 years.
The Million-Dollar Hacker
Tommy DeVoss used to break into websites illicitly. But after serving time for his crimes, he now uses his skills to earn an honest living. Through arrangements known as bug bounty programs, companies pay him to find security holes in their systems. He’s now earned more than $1 million in this emerging profession.
How Ring Went From ‘Shark Tank’ Reject To America’s Scariest Surveillance Company
Amazon’s Ring started from humble roots as a smart doorbell company called “DoorBot.” Now it’s surveilling the suburbs and partnering with police. Although there’s no credible evidence that Ring actually deters or reduces crime, claiming that its products achieve these things is essential to its marketing model.
Rubber Tires — A Dirty Business
The booming global tire market is worth billions – but this comes at a high price, both to humans and the environment. Over 50 million car tires are sold each year in Germany alone. But where does the natural rubber for them come from?
How Big Tech Plans To Profit From The Pandemic
As the coronavirus continues to kill thousands each day, tech companies are seizing the opportunity to extend their reach and power. Towards a future in which, for the privileged, almost everything is home delivered, either virtually via streaming and cloud technology, or physically via driverless vehicle or drone.
Kudos, Leaderboards, QOMs: How Fitness App Strava Became A Religion
Strava is a fitness and sports tracking platform that launched in 2009 and bills itself the “number one app for runners and cyclists”. The app offers community, training data and motivation to millions of athletes. Even runners who dislike tech can’t bear to be without it.
Undercover Reporter Reveals Life In A Polish Troll Farm
Undercover reporter, Katarzyna Pruszkiewicz, spent six months this year working at Cat@Net, which describes itself as an “ePR agency comprising specialists who build a positive image of companies, private individuals and public institutions – mostly in social media.”.
Inside The Race To Build The Best Quantum Computer On Earth
Given their size and wealth, both Google and IBM have a shot at becoming serious players in the quantum computing business. Companies will rent their machines to tackle problems the way they currently rent cloud-based data storage and processing power from Amazon, Google, IBM, or Microsoft.
I Stumbled Across A Huge Airbnb Scam That’s Taking Over London
As the short-term rental goldrush gathers pace, Airbnb empires are being rapidly scaled and monetized. This is the curious tale of a man called Christian, the Catholic church, David Schwimmer’s wife, a secret hotel and an Airbnb scam running riot on the streets of London.
How A Long-lost Indian Disco Record Won Over Crate Diggers And Cracked The YouTube Algorithm
1982’s Disco Jazz has been reissued. “Aaj Shanibar,” one of its four tracks, has also started to spread through the strange rabbithole that is YouTube’s recommendation algorithm. With the benefit of time and technology, “lost” songs reach a new generation of listeners halfway around the world.
The Confessions Of Marcus Hutchins, The Hacker Who Saved The Internet
At 22, he saved the internet from what was the worst cyberattack in history: a piece of malware called WannaCry. It was Hutchins who had found and triggered the secret kill switch contained in its code, neutering WannaCry’s global threat immediately. Then he was arrested by the FBI.
The Malaysian Job: How Wall Street Enabled A Global Financial Scandal
The story of possibly the largest fraud in financial history—in which, billions of dollars were diverted from a Malaysian sovereign-wealth fund called 1Malaysia Development Berhad into covert campaign-finance accounts, U.S. political campaigns, Hollywood movies, and the pockets of innumerable other recipients.
Why The Coming Foreclosure Crisis Will Look Nothing Like The Last One
A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end. At first glance, those projections look bad. On closer inspection, however, this round of foreclosures should be mild in comparison to the financial carnage of 2008 to 2010.
The Display Of The Future Might Be In Your Contact Lens
As my eyes flitted around the room, I moved through a virtual interface only visible to me—scrolling through a calendar, looking up commute times home, and even controlling music playback. It’s all I theoretically need to do to use Mojo Lens, a smart contact lens coming from a company called Mojo Vision.
The Apps On My Phone Are Stalking Me
Your location, your purchases, video and audio from within your home and office, your online searches and every digital wandering, biometric tracking of your face and other body parts, your heart rate and other vital signs, your every communication, recording, and perhaps your deepest thoughts or idlest dreams.
Before Tinder, There Was Dateline
Operation Match was a computer dating service started at Harvard in 1965 by two undergraduates, that paired students together for dates for $3 a pop. Students filled in questionnaires which were processed by an IBM 1401 before receiving the names and telephone numbers of their matches in the post.