Gig Economy Business Model Dealt a Blow in California Ruling

Gig Economy Business Model Dealt a Blow in California Ruling
Published on May 02, 2018 at 12:45AM
In a ruling with potentially sweeping consequences for the so-called gig economy, the California Supreme Court on Monday made it much more difficult for companies to classify workers as independent contractors rather than employees. The New York Times: The decision could eventually require companies like Uber, many of which are based in California, to follow minimum-wage and overtime laws and to pay workers’ compensation and unemployment insurance and payroll taxes, potentially upending their business models. Industry executives have estimated that classifying drivers and other gig workers as employees tends to cost 20 to 30 percent more than classifying them as contractors. It also brings benefits read more

Some YouTube Stars Are Being Paid To Sell Academic Cheating

Some YouTube Stars Are Being Paid To Sell Academic Cheating
Published on May 02, 2018 at 12:05AM
A BBC investigation has found that more than 250 YouTube channels are being paid to sell academic cheating. Specifically, they are promoting EduBirdie, which allows students to buy essays, rather than doing the work themselves. From the report: The BBC Trending investigation uncovered more than 1,400 videos with a total of more than 700 million views containing EduBirdie adverts selling cheating to students and school pupils. EduBirdie is based in Ukraine, but aims its services at pupils and students across the globe. Essay writing services are not illegal, but if students submit work they have paid for someone else to do the penalties can be severe. The company is not just aiming to capture the attention of read more

Facebook hopes to write the security ‘playbook’ for others to follow

Stamos said on stage, during a keynote dubbed “Security at Facebook Scale,” that the company has a responsibility to the world to build products that bring people closer together, but at the same time keeps them safe from abuse. He added that one of the biggest challenges Facebook has had to face recently is knowing that, even though its tools are designed to create positive connections between people, building them comes with a risk. And that’s something the company has had to learn the hard way in the past couple of years, after what happened with the 2016 election in the US and, most recently, the Cambridge Analytica data misuse nightmare.


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Alex Stamos shows an image of what Facebook’s network looks like.

“Protecting people’s data is extremely important,” Stamos said. “But doing that is not enough. I personally had to adjust to understand that security is more than

Scossa di terremoto avvertita in mezza Toscana

Castelnuovo Val di Cecina (Pisa), 1 maggio 2018 – Una scossa di terremoto di magnitudo 3.6 è stata chiaramente avvertita in diverse parti della Toscana. Come indica l'Istituto di geofisica e vulcanologia, la scossa ha avuto come epicentro la zona tra
by Livio Acerbo #greengroundit #thisisnews

Launching Today…The Institute For Block Chain Innovation

You can always tell when a new technology vertical starts to mature and to organize itself as an industry.  In 2018, the block chain industry began that transition.   In January, at the World Economic Forum in Davos, Switzerland, many of the official sessions and off-site events were about bitcoin, crypto currency and block chain.  It was not clear how many of the WEF attendees understood the real impact that these technologies and their variations are going to have on society in the long run, but the World Economic Forum provided an important vehicle to start thinking about it in earnest.

Today, in another step forward, the Institute for Blockchain Innovation was launched by several leading companies and investors from the United States and Canada.    The objective of the Institute is to help envision and read more

Apple Posts Solid iPhone Sales, Adds $100 Billion to Buyback Plans

The shares closed at $169.10 each on Tuesday ahead of the earnings report, nearly flat this year, even as shares in some other tech giants have continued to rise, with Amazon.com Inc. closing in on Apple's title as most-valuable company. Shares rose modestly in after-hours trading on Tuesday, …
social experiment by Livio Acerbo #greengroundit

New story in Business from Time: The 24 Rules for Success Left Behind by a Legendary Wall Street Banker

Richard Jenrette, who co-founded the investment bank Donaldson, Lufkin & Jenrette in 1959, spent four decades on Wall Street. When he died last week from complications of cancer at the age of 89, he left behind on his desk 24 rules to succeed — in finance, and in life. The list, titled “What I Learned,” was shared Sunday at an intimate memorial service for family and local friends in Charleston, South Carolina. Here’s what it said:

What I Learned (How to Succeed) (and have a Long and Happy Life)

  1. Stay in the game. That’s often all you need to do – don’t quit. Stick around! Don’t be a quitter!
Don’t burn bridges (behind you)

Remember – Life has no blessing like a good friend! You can’t get enough of them. Don’t leave old friends behind – you may need them

Try to be nice and say “thank you” a lot!

Stay informed/KEEP LEARNING!

Study — Stay Educated. Do Your Home Work!! Keep learning!

Cultivate friends of all ages – especially younger

Run Scared — over-prepare

Be proud — no Uriah Heep for you! But not conceited. Know your own worth.

Plan ahead but be prepared to allow when opportunity presents itself.

Turn read more