New AMD Patent Proposes Teleportation to Make Quantum Computing More Efficient

Based on a multi-SIMD quantum processor architecture
Read more: https://www.tomshardware.com/news/amd-teleportation-quantum-computing-patent?source=Snapzu

Amazon's biggest, hardest-to-solve ESG issue may be its own workers

Amazon founder Jeff Bezos raised a few eyebrows this summer when he returned to Earth after a historic space flight in July and gave a speech thanking company employees and customers, “because you paid for all of this.″ The comments came as Amazon, the second-largest employer in the U.S. after Walmart, has faced persistent allegations regarding workplace safety.
Read more: https://www.cnbc.com/2021/08/29/amazons-biggest-hardest-to-solve-esg-issue-may-be-its-own-workers.html?source=Snapzu

Report: Tim Cook wants to oversee 'one more major new product category' before stepping down as Apple CEO

Over the last few years, speculation about who will take over as Apple CEO following Tim Cook has started to grow. Most recently, Cook himself confirmed that he “probably” won’t be at Apple in 10 years’ time. In the latest edition of his Power On newsletter, Bloomberg’s Mark Gurman speculates on the future of the Apple CEO position and says that the belief inside Apple is that Cook wants to stick around “for one more major new product category.”
Read more: https://9to5mac.com/2021/08/29/tim-cook-apple-ceo-step-down-bloomberg/?source=Snapzu

Digital culture built on the seamless speed of the jet age

Jet-age glamour was more than just aesthetic: its promise of motionless movement reshaped perception of time and space
Read more: https://aeon.co/essays/digital-culture-built-on-the-seamless-speed-of-the-jet-age?source=Snapzu

Zendesk acquires AI automation startup Cleverly to advance customer service

Zendesk is looking to grow its customer service capabilities, and today it announced the acquisition of early-stage artificial intelligence startup Cleverly. Financial terms of the deal are not being publicly disclosed at this time and Cleverly has not been entirely public about the size of its funding. Founded in 2019, Cleverly is based in Lisbon, Portugal and, according to its site, has received funding from the European Union’s Horizon 2020 research and innovation programme.
Read more: https://techcrunch.com/2021/08/26/zendesk-acquires-ai-automation-startup-cleverly-to-advance-customer-service/?source=Snapzu

Apple's major supplier has reportedly increased the cost of its chips

Apple is going to release the iPhone 13 series at a price that was comparable to, if not lower than, the price of the iPhone 12. Recent events, on the other hand, suggest that the business may be rethinking its position in light of the additional expenditures that may be incurred in the manufacture of the new iPhones soon.
Read more: https://www.technotification.com/2021/08/apple-price-increase-tsmc.html?source=Snapzu

Rapper Lil Nas X appointed chief impact officer of Taco Bell as more brands embrace uninhibited stars

The singer represents "an authentic manifestation of this openness, this irreverence, this rebellion" that brands want to capture, one marketing expert said.
Read more: https://www.nbcnews.com/business/business-news/lil-nas-x-appointed-chief-impact-officer-taco-bell-more-n1277473?source=Snapzu

Life After White-Collar Crime

Every week, fallen executives come together, seeking sympathy and a second act.
Read more: https://www.newyorker.com/magazine/2021/08/30/life-after-white-collar-crime?source=Snapzu

Delta Air Lines to add $200 monthly health insurance charge for unvaccinated staff

Delta Air Lines on Wednesday said employees will have to pay $200 more every month for their company-sponsored healthcare plan if they choose to not vaccinate against COVID-19.
Read more: https://www.reuters.com/business/aerospace-defense/delta-add-200-monthly-health-insurance-charge-unvaccinated-staff-2021-08-25/?source=Snapzu

OnlyFans Drops Planned Porn Ban, Will Continue to Allow Sexually Explicit Content

OnlyFans dropped plans to ban pornography from its service, less than a week after the U.K. content-creator subscription site had announced the change citing the need to comply with policies of banking partners.
Read more: https://variety.com/2021/digital/news/onlyfans-drops-porn-ban-sexually-explicit-policy-1235048705/?source=Snapzu

Coinbase slammed for what users say is terrible customer service after hackers drain their accounts

Customers of the nation's largest cryptocurrency exchange, Coinbase, say their accounts were taken over by criminals and the company's customer service is poor.
Read more: https://www.cnbc.com/2021/08/24/coinbase-slammed-for-terrible-customer-service-after-hackers-drain-user-accounts.html?source=Snapzu

Analysts: Google to pay Apple $15 billion to remain default Safari search engine in 2021

It’s long been known that Google pays Apple a hefty sum every year to ensure that it remains the default search engine on iPhone, iPad, and Mac. Now, a new report from analysts at Bernstein suggests that the payment from Google to Apple may reach $15 billion in 2021, up from $10 billion in 2020. In the investor note, seen by Ped30, Bernstein analysts are estimating that Google’s payment to Apple will increase to $15 billion in 2021, and to between $18 billion and $20 billion in 2022. The data is based on “disclosures in Apple’s public filings as well as a bottom-up analysis of Google’s TAC (traffic acquisition costs) payments.”
Read more: https://9to5mac.com/2021/08/25/analysts-google-to-pay-apple-15-billion-to-remain-default-safari-search-engine-in-2021/?source=Snapzu

OnlyFans' CEO blamed his decision to ban porn on pushback from Bank of New York Mellon, JPMorgan, and Metro Bank: 'We had no choice'

OnlyFans CEO Tim Stokely said wariness from investors did not influence his decision to ban porn, and insisted banks were to blame.
Read more: https://www.businessinsider.com/onlyfans-ceo-tim-stokely-bny-mellon-jpmorgan-porn-ban-2021-8?source=Snapzu

As demand for bikes surged, Amazon got in the way

Customer service on Amazon can’t compare to an independent bike shop.
Read more: https://www.theverge.com/22618306/pacific-northwest-components-bike-company-quit-amazon-support-indie-shops?source=Snapzu

65% of U.S. workers are looking for a new job

Nearly two-thirds of workers are on the hunt for a new job—and they’re getting them. Nearly nine out of 10 company executives say they are seeing higher-than-normal turnover at the organizations, according to a new survey from PricewaterhouseCoopers.
Read more: https://fortune.com/2021/08/20/us-workers-looking-for-jobs/?source=Snapzu

Hackers hit Japanese crypto exchange, steal nearly $100 million

Hackers have drained Japanese cryptocurrency exchange Liquid of $97 million worth of Ethereum and other digital coins. The company, in a tweet posted late Thursday, announced the compromise and said it is moving assets that were not affected into more secure “cold wallet” storage. The company has also suspended deposits and withdrawals.
Read more: https://fortune.com/2021/08/19/hackers-liquid-crypto-exchange-japan-100-million-ethereum/?source=Snapzu

Excommunicated Spanish ‘witch’ village turns curse into tourist cash

Tucked into the foothills of northern Spain, the village of Trasmoz attracts thousands of tourists each year. For many, the allure is not its half-ruined castle nor stunning mountain backdrop but rather a curious quirk of history: Trasmoz is Spain’s only excommunicated and cursed village.
Read more: https://www.theguardian.com/world/2021/aug/22/excommunicated-spanish-witch-village-turns-curse-into-tourist-cash?source=Snapzu

Top talent departs Jeff Bezos' Blue Origin as NASA lander fight escalates

Blue Origin has lost a number of key leaders and engineers this summer, CNBC has learned, with most leaving in the weeks after founder Jeff Bezos' spaceflight.
Read more: https://www.cnbc.com/2021/08/20/jeff-bezos-blue-origin-losing-top-talent-during-nasa-lander-fight.html?source=Snapzu

Millennials Control Just 4.6 Percent of US Wealth

The millennial generation, people born between 1981 and 1996, make up the largest share of the U.S. workforce, but control just 4.6 percent of the country's total wealth.
Read more: https://journal.media/millennials-control-just-4-6-percent-of-us-wealth?source=Snapzu

The Epic v. Google lawsuit finally makes sense

There was never any question what Epic Games wanted when it took Apple to court: the 48-second “Nineteen Eighty-Fortnite” made it clear App Store hypocrisy was the agenda. But the justification for a parallel case against Google wasn’t as clear-cut until today — it’s only now we’re learning about the most damning accusations against the Android giant.
Read more: https://www.theverge.com/2021/8/19/22632804/epic-google-lawsuit-unredacted-complaint-antitrust?source=Snapzu

OnlyFans Creators React to Site’s Porn Ban With Anger, Confusion

OnlyFans is pulling the rug out from under the sex workers and performers who turned it into a billion-dollar business. And those who have relied on OnlyFans as their key source of income are furious at the about-face.
Read more: https://variety.com/2021/digital/news/onlyfans-creators-react-to-porn-ban-anger-1235045452/?source=Snapzu

Apple delays recalling staff to the office until 2022

US tech giant Apple has delayed recalling staff to the office until January at the earliest amid fears over surging Covid cases. Employees were informed of the decision in a company memo on Thursday, which was first reported by Bloomberg News. The firm told staff it would reconfirm plans a month in advance and advised them to get vaccinated.
Read more: https://www.bbc.co.uk/news/business-58281902?source=Snapzu

Rocket builder ULA will require employees receive Covid vaccines beginning Sept. 1

Rocket builder United Launch Alliance, the joint venture of Boeing and Lockheed Martin, will require all employees to receive vaccinations against Covid-19 beginning Sept. 1, CNBC has learned.
Read more: https://www.cnbc.com/2021/08/19/united-launch-alliance-requiring-covid-19-vaccines-sept-1.html?source=Snapzu

61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a new report. The pandemic and federal stimulus led to a huge spike in the number of Americans who either owed no federal income tax or received tax credits from the government. According to the Urban-Brookings Tax Policy Center, 107 million households owed no income taxes in 2020, up from 76 million — or 44% of all taxpayers — in 2019.
Read more: https://www.cnbc.com/2021/08/18/61percent-of-americans-paid-no-federal-income-taxes-in-2020-tax-policy-center-says.html?source=Snapzu

Apple Card Ranked Top for Customer Satisfaction by J.D. Power

Apple today highlighted that the Apple Card and Goldman Sachs has been ranked top for customer satisfaction in the midsized issuer credit card segment, according to J.D. Power. The J.D. Power 2021 U.S. Credit Card Satisfaction Study showed that the ‌Apple Card‌ ranked highest with a score of 864.1, across all of the surveyed categories including interaction, credit card terms, communication, benefits and services, rewards, and key moments.
Read more: https://www.macrumors.com/2021/08/19/apple-card-ranked-top-for-customer-satisfaction/?source=Snapzu

Retrofitting: why carbon-reducing renovations are going to be big business

When Boris Afinogenov moved to Liverpool from Lithuania in 2011, he knew that most Britons preferred to live in houses rather than the Soviet-era tower block he had left behind. But in a rambling Georgian property, he quickly found himself missing his cosy old flat.
Read more: https://www.theguardian.com/money/2021/aug/18/retrofitting-why-carbon-reducing-renovations-are-going-to-be-big-business?source=Snapzu

Trump let this pesticide stay on the market. Under Biden, EPA is banning it on food.

For the past decade, environmental, labor and public health groups have clamored for phasing out the pesticide that can lead to headaches or blurred vision when inhaled or ingested.
Read more: https://www.washingtonpost.com/climate-environment/2021/08/18/chlorpyrifos/?source=Snapzu

Samsung confirms it’s removing ads from its stock apps later this year

Samsung has confirmed that it will stop showing ads in default apps including Samsung Weather, Samsung Pay, and Samsung Theme. It follows comments made by its mobile chief TM Roh in an internal town hall meeting reported by Yonhap. “Samsung has made a decision to cease the advertisement on proprietary apps including Samsung Weather, Samsung Pay, and Samsung Theme,” the company said in a statement given to The Verge. “The update will be ready by later this year.”
Read more: https://www.theverge.com/2021/8/18/22630332/samsung-ads-default-stock-apps-weather-pay-theme-confirmed?source=Snapzu

Goodreads' Problem With Extortion Scams and Review Bombing

Many authors and publishers now see the social networking site as a "necessary evil".
Read more: https://time.com/6078993/goodreads-review-bombing/?source=Snapzu

U.S. Halted Dollar Shipments to Afghanistan to Keep Cash Out of Taliban’s Hands

The Biden administration last week canceled bulk shipments of dollars headed for Afghanistan as Taliban fighters were poised to take control of the capital city of Kabul, part of a continuing scramble to keep hundreds of millions of dollars out of the hands of the terrorist group, according to people familiar with the matter.
Read more: https://www.wsj.com/articles/u-s-halted-dollar-shipments-to-afghanistan-to-keep-cash-out-of-talibans-hands-11629233621?mod=hp_lead_pos8?source=Snapzu

Palantir to take bitcoin as payment, mulls betting on cryptocurrencies

Palantir Technologies Inc (PLTR.N) has started accepting payment in bitcoin and is considering investing in cryptocurrencies, the U.S. analytics provider disclosed, the latest firm to pivot to digital currencies that are gaining wider mainstream acceptance.
Read more: https://www.reuters.com/technology/palantir-allows-payments-bitcoin-mulls-investing-cryptocurrencies-2021-05-11/?source=Snapzu

Spirit Airlines says canceled flights cost $50M, hurt bookings

Spirit Airlines said Monday the cancellation of more than 2,800 flights over an 11-day stretch this summer cost the budget airline about $50 million in lost revenue and caused spending to soar. The airline said the service meltdown that started in late July and a rise in Covid-19 cases are causing more last-minute cancellations and softer bookings.
Read more: https://www.nbcnews.com/business/travel/spirit-airlines-says-canceled-flights-cost-50m-hurt-bookings-n1276960?source=Snapzu

New browser extension helps local businesses compete with Amazon

A lover of local business has created a free and easy way for people to keep their money in their community.
Read more: https://www.ktvh.com/news/national/new-browser-extension-helps-local-businesses-compete-with-amazon?source=Snapzu

Steve Jobs vs Tim Cook: Who Is Better As the CEO of Apple?

In the year 1997, Apple was not much far away from bankruptcy. The company was losing money after a few terrible years. Its entire business concept appeared to be flawed. But then came Steve Jobs, back at Apple. Having failed to make Pixar and NeXT successful as hardware companies, his arrival at Apple was not promising. But as history witnessed, it proved to be one of the greatest turnarounds in the history of business.
Read more: http://arcanelostcom.wpcomstaging.com/steve-jobs-vs-tim-cook/?source=Snapzu

‘They should be worried’: how FTC chair Lina Khan plans to tackle big tech

Lina Khan has some of the biggest companies in the world shaking in their boots. The 32-year-old antitrust scholar and law professor in June became the youngest person in history and the most progressive in more than a decade to be appointed as chair of the Federal Trade Commission (FTC).
Read more: https://www.theguardian.com/us-news/2021/aug/14/lina-khan-big-tech-ftc-antitrust?source=Snapzu

AMC theaters will start accepting Bitcoin this year

Wondering what to do with your Bitcoin stash now that you can't buy a Tesla? It might be time to catch a big-screen flick. According to CNN, AMC has announced that it plans to accept Bitcoin as payment for tickets and snacks at all US theaters by the end of 2021. Company chief Adam Aron didn't say how you'd make those payments, but he did hint that AMC was also researching other ways it could join the "burgeoning cryptocurrency universe."
Read more: https://www.engadget.com/amc-theaters-bitcoin-tickets-143803440.html?source=Snapzu

Best location to choose, to build the first city of a new (re-started) civilization

Response to: "If civilization restarted and you had to pick the best location to build the first city, which location would you choose to ensure a long term strategic and economic advantage?"
Read more: https://www.quora.com/If-civilization-restarted-and-you-had-to-pick-the-best-location-to-build-the-first-city-which-location-would-you-choose-to-ensure-a-long-term-strategic-and-economic-advantage/answer/Lennart-Jeuring?source=Snapzu

What we know and what we don't about universal basic income

Trials show how universal basic income performs in both stable and volatile settings but alternative and adjacent policy ideas need serious exploration.
Read more: https://www.weforum.org/agenda/2021/08/why-data-needs-to-underpin-the-basic-income-debate/?source=Snapzu

Google accused of infringing on Sonos patents by US ITC judge, could lead to an import ban

In a preliminary ruling, a US International Trade Commission judge has said that Google infringed on five Sonos patents.
Read more: https://9to5google.com/2021/08/13/google-sonos-patent-battle-preliminary-ruling/?source=Snapzu

Google Pay adds 19 US banks to its ridiculously long list of supported financial institutions

Google Pay has come a long way over the years, most recently with a complete redesign now under its belt. Not too long ago we crossed an eagerly anticipated milestone for the mobile payment app, with the service finally surpassing more than 3,000 banks in the US, and now it's adding even more.
Read more: https://www.androidpolice.com/2021/08/13/google-pay-now-supports-over-3000-us-banks/?source=Snapzu

The COVID-proof business models thriving in the pandemic

With the disruptions and uncertainties of snap lockdowns, it may seem like a crazy time to be starting a new business — and yet, some are thriving. So what are they? And why are they immune to the pandemic?
Read more: https://www.abc.net.au/news/2021-08-14/covid-proof-business-models-surviving-pandemic/100373174?source=Snapzu

Adidas sells Reebok to US conglomerate after shareholder pressure

Adidas is selling Reebok to the US brand management company Authentic Brands Group for up to €2.1bn (£1.8bn), as the German sportswear firm concentrates on its core marque after pressure from investors. Reebok was bought for €3.1bn in 2006 in a blockbuster deal designed to help the trainers and clothing company take on rival Nike, but it never returned to its 1980s heyday and Adidas investors demanded action.
Read more: https://www.theguardian.com/business/2021/aug/12/adidas-sells-reebok-to-us-conglomerate-after-shareholder-pressure?source=Snapzu

Biotechnology greed is prolonging the pandemic. It’s inexcusable

In the debate over vaccine patents, a flawed logic is being used to justify putting profits above saving lives
Read more: https://www.salon.com/2021/08/13/biotechnology-greed-is-prolonging-the-pandemic-its-inexcusable_partner/?source=Snapzu

New game studio Racoon Logic faces backlash for lack of diversity in staff photo

One of the most notorious images in games right now is a photo of 20 mostly white male staffers that was included as part of the announcement of a new Montreal game studio called Raccoon Logic.
Read more: https://www.axios.com/gaming-raccoon-logic-diversity-studio-staff-13f65d99-413a-4579-a7fe-94fd328573a5.html?source=Snapzu

How Cameo Generated $100 Million Last Year From Celebrity Shout-Out Videos

Social media provides an unprecedented way for stars to connect with their fans — but only the upper echelons of celebrities have been able to convert their online presence into cold, hard cash. Steven Galanis, co-founder and CEO of Cameo, says his company is part of a rising wave of direct-to-fan platforms that is changing that, by letting a much broader range of talent make money online. On the latest episode of Variety‘s Strictly Business podcast, Galanis explains how Cameo built a booming business by selling bespoke video shout-outs recorded by its roster of tens of thousands of celebs.
Read more: https://variety.com/2021/digital/news/cameo-steven-galanis-celebrity-videos-1234908473/?source=Snapzu

Reddit is now valued at more than $10 billion

Reddit, the self-declared ‘front page of the internet,’ says it is now valued at more than $10 billion after raising an additional $410 million in funding, with the final round expected to grow to up to $700 million. The company continues to build and sanitize its business, removing racist, misogynist, and otherwise controversial communities, as it prepares to go public at some point in the future.
Read more: https://www.theverge.com/2021/8/12/22621445/reddit-valuation-revenue-funding-round?source=Snapzu

Some Google employees reportedly face a pay cut of up to 25% if they work from home permanently, according to a leaked salary calculator

Google employees may face a pay cut if they decide to work from home indefinitely, according to a leaked internal salary calculator obtained by Reuters. The tech giant has appeared broadly supportive of remote workers since the outbreak of COVID-19, and just last week approved almost 10,000 employee requests to work from home. The firm pushed back its planned return-to-office date in light of the rising number of Delta variant cases, from September to October 18.
Read more: https://www.businessinsider.com/google-salary-calculator-work-from-home-pay-cut-technology-2021-8?utm_source=reddit.com?source=Snapzu

End of the line for Uber

Uber is a bezzle ("the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it"). Every bezzle ends. Uber's time is up.
Read more: https://pluralistic.net/2021/08/10/unter/#bezzle-no-more?source=Snapzu

Uber's Call Center Company Uses AI Cameras to Surveil Employee Homes

A call center company that works with big tech companies, goes a step further to install AI-powered cameras to monitor employees in their homes, bedrooms.
Read more: https://interestingengineering.com/ubers-call-center-company-uses-ai-cameras-to-surveil-employee-homes?source=Snapzu

In blistering drought, California farmers rip up precious almond trees

Crushed by a devastating drought and new water restrictions, Daniel Hartwig had no choice but to pull thousands of precious, fragrant almond trees from his California farm. "It breaks your heart," he sighed as he surveyed the once vibrant landscape before him -- curled, yellowed leaves covering the shrunken husks that would have been this year's crop of almonds, had the water arrived.
Read more: https://www.france24.com/en/live-news/20210805-in-blistering-drought-california-farmers-rip-up-precious-almond-trees?source=Snapzu