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Go to Blogger edit html and find these sentences.Now replace these sentences with your own descriptions.This theme is Bloggerized by Lasantha Bandara - Premiumbloggertemplates.com.
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US counter-intelligence chief says China's spy services are aggressively using fake LinkedIn accounts to target US government workers for recruitment — WASHINGTON (Reuters) - The United States' top spy catcher said Chinese espionage agencies are using fake LinkedIn accounts to try …
Ask any 25-year old engineer what Labor Day means to him or her, and you might get an answer like: it’s the surprise three-day weekend after a summer of vacationing. Or it’s the day everyone barbecues at Dolores Park. Or it’s the annual Tahoe trip where everyone gets to relive college.
Or simply, it’s the day we get off because we all work so hard.
And while founders and employees in startup land certainly work hard, wearing their 80-hour workweeks as a badge of honor, closing deals on conference calls in an air-conditioned WeWork is a far cry from the backbreaking working conditions of the 1880s, the era when Labor Day was born.
For everyone here in Silicon Valley, we should not be celebrating this holiday triumphantly over beers and hot dogs, complacent in the belief that our gravest labor issues are behind us, but instead use this holiday as a moment to reflect on how much further we have to go in making our workplaces and companies more equitable, diverse, inclusive and ethically responsible.
On September 5th, 1882, 10,000 workers gathered at a “monster labor festival” to protest the 12-hours per day, seven days a week harsh working conditions they faced in order to cobble together a survivable wage. Even children as “young as 5 or 6 toiled in mills, factories and mines across the country.”
This all erupted in a climax in 1894 when the American Railway Union went on a nationwide strike, crippling the nation’s transportation infrastructure, which included trains that delivered postal mail. President Grover Cleveland declared this a federal crime and sent in federal troops to break up the strike, which resulted in one of the bloodiest encounters in labor history, leaving 30 dead and countless injured.
Labor Day was declared a national holiday a few month later in an effort to mend wounds and make peace with a reeling and restless workforce (it also conveniently coincided with President Cleveland’s reelection bid).
Today in Silicon Valley, this battle for fair working conditions and a living wage seems distant from our reality of nap rooms and lucrative stock grants. By all accounts, we have made tremendous strides on a number of critical labor issues. While working long hours is still a cause for concern, most of us can admit that we often voluntarily choose to work more than we have to. Our workplace environments are not perfect (i.e. our standing desks may not be perfectly ergonomic), but they are far from life-threatening or hazardous to our health. And while equal wages are still a concern, earning a living wage is not, particularly if the worst case scenario after “failing” at a startup means joining a tech titan and clocking in as a middle manager with a six-figure salary.
Even though the workplace challenges of today are not as grave as life or death, the fight is not yet over. Our workplaces are far from perfect, and the power dynamic between companies and employees is far from equal.
In tech, we face a myriad of issues that need grassroots, employee-driven movements to effect change. Each of the following issues has complexities and nuances that deserve an article of its own, but I’ve tried to summarize them briefly:
Thus, the reversal in sentiment against Silicon Valley this past year is sending a message that should resonate loud and clear — the products we build and the industries we disrupt here in the Valley have real consequences for workers that need to be taken seriously.
To solve these problems, employees in Silicon Valley needs to find a way to organize. However, there are many reasons why traditional union structures may not be the answer.
The first is simply that traditional unions and tech don’t get along. Specifically, the AFL-CIO, one of the largest unions in America, has taken a hard stance against the libertarian ethos of the Valley, drawing a bright line dividing the tech elite from the working class. In a recent speech about how technology is changing work, the President of the AFL-CIO did not mince words when he said that the “events of the last few years should have made clear that the alternative to a just society is not the libertarian paradise of Silicon Valley billionaires. It is a racist and authoritarian nightmare.”
But perhaps the biggest difference between what an organized labor movement would look like in Silicon Valley and that of traditional organized labor is that it would be a fight not to advance the interest of the majority, but to protect the minority. In the 1880s, poor working conditions and substandard pay affected nearly everyone — men, women, and children. Unions were the vehicles of change for the majority.
But today, for the average male 25-year old engineer, promoting diversity and inclusion or speaking out about improper treatment of offshore employees is unlikely to affect his pay, desirability in the job market, or working conditions. He will still enjoy the privileges of being fawned over as a scarce resource in a competitive job market. But the person delivering the on-demand service he’s building won’t. His female coworker with an oppressive boss won’t. This is why it is ever more important that we wake up and not only become allies or partners, but champions of the causes that affect our less-privileged fellow coworkers, and the people that our companies and products touch.
So this Labor Day, enjoy your beer and hot dog, but take a moment to remember the individuals who fought and bled on this day to bring about a better workplace for all. And on Tuesday, be ready to challenge your coworkers on how we can continue that fight to build more diverse, inclusive, and ethically responsible companies for the future.
As politicians accuse search and social media firms of censorship, the real focus should be on opaque algorithms and reckless amplification of harmful content — THE ALGORITHMS THAT govern how we find information online are once again in the news—but you have to squint to find them.
Apple’s secretive self-driving vehicle program has disclosed its first accident, according to a report filed with the California Department of Motor Vehicles.
The low speed accident, which occurred August 24, is a milestone of sorts for the company, albeit not one that is being celebrated. These days, as more companies head out onto public streets to test their autonomous vehicle systems, accidents have become more common. The vast majority are minor, low-speed incidents.
There was just one accident involving a self-driving vehicle (that one was owned by Delphi) reported to the DMV in 2014. So far this year, there have been more than 40 accidents involving self-driving cars reported to CA DMV.
The first fatal autonomous vehicle accident, which involved an Uber self-driving vehicle striking a pedestrian, occurred in March in Arizona.
The Apple test car was attempting to merge onto an expressway near its headquarters in Cupertino, California, and traveling about 1 mile per hour, when it was rear-ended by a Nissan Leaf, according to the report. There were no injuries reported. Both parties reported moderate damage to their vehicles.
Apple doesn’t talk about its self-driving vehicle program. The tech company’s permit with the California Department of Motor Vehicles, the agency responsible for monitoring AVs in the state, is the only official acknowledgment that it even has a program. Apple’s self-driving program has been considered an open secret in Silicon Valley. And more recently, CEO Tim Cook has made references to the company’s interest in autonomous systems. In an interview with Bloomberg, he called it the mother of all AI projects. But the company doesn’t talk about its program or its ultimate product plans.
The accident report doesn’t reveal much, beyond the make and model of Apple’s test vehicle. The self-driving test vehicle involved in the accident was a 2016i Lexus RX450H. This the same make and model that Google used to test its self-driving system.
While United States regulators are still trying to figure out how to think about cryptocurrencies, Thailand’s government is already mapping out its own central bank digital currency.
This is just one of numerous examples how Thailand has emerged as one the most interesting cryptocurrency and blockchain countries in Southeast Asia in 2018.
Since the start of the year, the Thai government has become increasingly outspoken and welcoming of cryptocurrency projects and exchanges. In just a few months, Thai regulators have made notable progress, from setting up cryptocurrency company licenses to permitting exchanges and ICOs. More importantly, the country has attracted foreign companies by providing clear and explicit guidelines for foreign blockchain companies to operate. It’s a pattern that we are seeing across Southeast Asia, and one that blockchain and cryptocurrency startup founders should take note as they think about global expansion.
To understand how a small country like Thailand can move so quickly in the blockchain space, it’s crucial to understand the strategy of regulators and local companies. Unlike their U.S. peers, most Asian blockchain companies and exchanges work with local regulators right from the beginning, even as they are first building their products and growing their communities. These teams use formal and informal relationships to get buy-in from their respective local governments in order to bolster their credibility. This pattern is particularly true for Southeast Asian countries such as Thailand.
However, it isn’t just startups that are trying to curry ties with government officials – these relationships work in both directions. Take for example Pundi X, which is a technology company building out a blockchain-based point of sale solution in Southeast Asia and globally. Its CEO, Zac Cheah, is Malaysian and local to the Southeast Asia region, and discussed with me how regulators are engaging with the startup community:
I think government is morphing and changing and many governments that we know are not you know exactly the ones that we say that are lagging behind. They, in fact, have like people, young or not so young people, that are very knowledgeable about what is happening right now. So in fact sometimes when we go to core blockchain meetups, we actually see some very core people from the regulatory side […] they know that this will change the landscape a lot so I think they are trying to think through the, if I may, the ‘tokenomics’ of how they want to get involved.”
These types of regulatory engagements are encouraging signs for the region and particularly for Thailand, where regulators have been working quickly to provide a legal path for blockchain and cryptocurrency technologies.
In June, Thailand’s government legalized seven cryptocurrencies (Bitcoin, Ethereum, Bitcoin cash, Ethereum classic, Litecoin, Ripple, and Stellar). It has also permitted a limited number of cryptocurrency exchanges and broker-dealers to apply for operating licenses. Then in July, the Thailand SEC permitted additional digital token issuers to file for applications. In the same month, the securities regulator categorized ICOs into three types: investment tokens, utility tokens, and cryptocurrency. As should be clear from this timeline, the speed at which these regulators execute decisions has surpassed that of most countries in the West as well as the rest of Asia.
Part of that speed is that in Thailand, regulators have shown an openness to knowledge exchange. For example, recently the Thailand SEC held a dialogue with Vitalik Buterin and the OmiseGo team on the status of exchanges and Initial Coin Offerings (ICOs). For Thailand, having a local, knowledgeable, and well-established team such as Omise is very helpful to building a clear regulatory environment for companies.
Photo by Juan Antonio Segal used under Creative Commons.
In fact, we are seeing foreign companies already starting to gravitate towards Thailand’s crypto opportunity, with both Western and Eastern businesses seeking opportunities in the country. In early July, Bithumb, the second largest cryptocurrency exchange in Korea, announced that it plans to open in Thailand after receiving the required regulatory approval from the local government. IBM and Krungsri, one of Thailand’s largest financial institutions with 8.6mn credit cards, sales finance, and personal loan accounts, announced a five-year $140 million engagement to build out digital banking, including blockchain technology. The crypto momentum will likely continue in Thailand, and more announcements and developments should come in the second half of the year.
Not only has it become open to private cryptocurrency companies, but the Thailand government is also testing its own blockchain technologies. For example, it has allowed the Thai Bond Market Association to create a “BondCoin,” a custom token on a private blockchain between permissioned participants including issuers and investors alongside regulators and registered firms.
Then just last week, Bank of Thailand (BOT) outlined a preliminary roadmap for ‘Project Inthanon,’ its central bank digital currency (CBDC) initiative. This is following similar projects initiated by other central banks, including the Bank of Canada, the Hong Kong Monetary Authority and the Monetary Authority of Singapore. BoT plans to work with eight participating banks to start building a prototype. The announcement of Project Inthanon says: “The BOT and the participating banks will collaboratively design and develop a proof-of-concept prototype for wholesale funds transfer by issuing wholesale Central Bank Digital Currency (Wholesale CBDC).”
Phase 1 of Project Inthanon will involve development and testing of key payment features such as a liquidity-saving mechanism and risk management. It is expected to be completed by the first quarter of 2019, and its outcome will be very telling of Thailand’s progress in Southeast Asia.
For new companies going into the region, it may become increasingly more difficult to enter. Traditionally, a large part of doing business successfully in many parts of Asia requires forming the right connections and business relationships. As the blockchain space evolves, regulators are establishing more stringent requirements and higher standards to accept additional tokens and exchanges into the country. They’ll likely be influenced in their decisions by existing teams that they already have a relationship with. That dynamic is something cryptocurrency companies should think about as they build out their communities in Asia, as the most established countries may not necessarily provide the most opportunities.
One positive though is that we are still in the relatively early stage of adoption in Southeast Asia, and every country in the blockchain adoption phase is at different stages. A healthy competition between Southeast Asian nations is still brewing, which may benefit newcomers. That said, the strategies used to enter one of these markets will almost certainly change and mature compared to when these opportunities were very green.
In the long run, it’s very possible for many cryptocurrency and blockchain companies to develop a codependency with their respective local government. This doesn’t just apply to Thailand and Asia but to the rest of world too. Each region’s regulators will want to further advance their own interest and form allies with local token companies. So for a project that is thinking globally, forming too close of a relationship with a small set of regulators may pull the company in directions that it otherwise would not want to.
Ultimately, for a cryptocurrency company going into any foreign markets, it is important for one’s team to have a multi-country strategy to avoid developing biases and become overly influenced by one local government. However, to succeed locally, the teams on the ground will also have to be very deeply knowledgeable and experienced in understanding the business culture and regulatory environment there.
As Thailand proves, the ground is changing rapidly on which countries are most open for blockchain and cryptocurrency business, and adapting to these changing market dynamics is critical to the success of startups and companies in the space.
In what will be seen as a big recruiting and retention win for Cruise, employees will be offered equity in GM’s self-driving technology subsidiary rather than shares of GM. The securities offering was disclosed in a recent SEC filing for GM Cruise Holdings LLC.
The filing, which also lists the initial officers of GM Cruise Holdings LLC, is a result of SoftBank’s investment in Cruise earlier this year. SoftBank’s Vision Fund announced in May plans to invest $2.25 billion in Cruise. Once that deal closes, GM will invest another $1.1 billion.
GM Cruise Holdings LLC’s board of directors includes Cruise’s CEO and co-founder Kyle Vogt, GM chairman and CEO Mary Barra, GM president Dan Ammann, GM general counsel Craig Glidden and GM’s VP of autonomous technology Doug Parks. Vogt, Cruise’s CFO Geoff Richardson and Cruise general counsel Matt Gipple are executive officers of GM Cruise Holdings.
The equity structure gives all Cruise employees the chance to own actual shares of Cruise, not in GM. It’s a critical development for a company, even one flush with new capital like Cruise, that is working to deploy autonomous vehicles on a commercial scale.
“The goal was primarily to create a new equity structure so that we could recruit and retain the best talent by giving them direct participation in potential upside in Cruise through owning actual shares in Cruise, which we didn’t have before,” Cruise CEO and co-founder Vogt told TechCrunch.
It’s similar to the idea that went behind the acquisition of Argo.ai, Gartner analyst Mike Ramsey noted to TechCrunch.
“The compensation structure at companies like GM and Ford make it difficult for them to compete with the Google’s of the world,” Ramsey said. “The potential for a giant, strike-it-rich pay out from an IPO is a carrot that will attract and keep talent that is in high demand.”
California passes a strong net neutrality bill, which now goes to governor; EFF has called it a “gold standard net neutrality bill” — It heads for the Governor's desk next — California's legislature has approved a bill being called the strongest net neutrality law in the US.
Skullcandy has always been an odd brand. Aimed at a younger, hipper audience, the headphones always featured wacky graphics and a lower price point. Now, facing competition from multiple players, they’ve decided to step up their game in terms of quality and style.
Their two new models, the noise-cancelling Venue and the bass-heavy Crusher 360, are designed to hit the Bose/B&O/Sony quality point while still maintaining a bit of Beats styling. The Venue are the most interesting of the pair. They are true over-ear noise cancelling headphones that cost a mere $179 – over $100 less than Bose’s best offerings.
The Venue’s noise cancellation was excellent as was the sound quality. The headphones were solidly built and last for two five-hour flights, a first for me when it comes to wireless or wired noise-cancelling headphones. Usually in almost every model I’ve tested I’ve had to charge or change the battery after about eight hours. This is a vast improvement.
As for audio quality I was quite impressed. Having heard earlier Skullcandy models, I went in expecting tinny sound and muddy bass. I got neither. What I got was a true sound without much modification and very nice noise cancelling. In short, it did exactly what it says on the tin.
One peeve is the size of the headphones and the case. Most headphones can fold up to a smaller package that is unobtrusive when it hangs off your back or sits in your lap. These headphones come in a massive, flat case that is not imminently portable. If you’re used to smaller, thinner cases, this might be a dealbreaker. That said, the price and sound are excellent and the Venue is a real step up.
[gallery ids="1702440,1702439,1702438"]Then we have the Crusher 360s. These are also well-made headphones that collapse into a slightly smaller package than the Venue’s. They also offer what Skullcandy calls Sensory Bass and 360-degree audio. What that means, in practice, is that these things sound like a bass-lover’s very effusive home theatre system on your head.
The Crusher, like the Venue, is wireless and lasts about 30 hours on one charge. They don’t have noise cancelling but what they do have is a set of haptics inside the ear cups that essentially turn bass events into wildly impressive explosions of sound. You can turn this feature up and down using a capacitive touch control on the side of the headphones and, if you’re like me, you probably will probably be using that feature multiple times.
How do they work? Well, the bass these things pump out is almost comical. While I don’t want to completely disparage these things – different ears will find them pleasant if not downright cool – the Crushers turn almost everything – from a drama to a bit of dubstep – into a bass-heavy party. I used these on another flight and heard every single bang, boom, and bop in the movies I watched and, oddly, I found the added bass response quite nice in regular music. If you like bass you’ll like these. If you don’t then you’d best stay away.
The headphones cost $299.
[gallery ids="1702432,1702431,1702430"]Skullcandy isn’t the audiophile’s choice in headphones. That said, their efforts to improve the brand, product, and quality are laudable. I avoided the company for years after a few bad experiences and I’m glad to see them coming back with a new and improved set of cans that truly offer great sound and a nice price. While the Crushers are definitely an acquired taste I could honestly recommend the Venue over any similarly priced noise cancelling headphones on the market, including Bose’s businessperson specials. These headphones aren’t perfect but they’re also not bad.
DMV report: Apple, which has 66 self-driving cars approved for road testing in CA, says one of the SUVs was rear-ended, its first self-driving collision in CA — Apple said that its first autonomous vehicle crash in California occurred last week. — The accident during …
Twitter head Jack Dorsey sent out a tweet this afternoon hinting the social platform might get a couple of interesting updates to tell us who else is online at the moment and to help us thread our Twitter conversations together.
“Playing with some new Twitter features: presence (who else is on Twitter right now?) and threading (easier to read convos),” Dorsey tweeted, along with samples.
The “presence” feature would make it easier to engage with those you follow who are online at the moment and the “threading” feature would allow Twitter users to follow a conversation easier than the current embed and click-through method.
However, several responders seemed concerned about followers seeing them online. Some may prefer not to let everyone knows they’re there. Twitter’s head of product Sarah Haider responded to one such tweeted concern at the announcement saying she “would definitely want you to have full control over sharing your presence.” So it seems there would be some sort of way to hide that you are online if you don’t want people to know you are there.
Both of these features sound intriguing though its unclear when they would roll out. We’ve asked Twitter and are waiting to hear back.
Of course, plenty of users are still wondering when we’re getting that edit button.
