Slower Growth in Jobs Report May Give Fed Pause on Interest Rates

After two consecutive months of hearty jobs gains, hiring eased in August, with the government reporting on Friday that employers expanded their payrolls by 151,000 workers. The official unemployment rate, based on a separate survey of households, remained at 4.9 percent. Average hourly earnings grew slightly, bringing the 12-month increase in wages to 2.4 percent — a modest gain that still keeps most workers ahead of inflation.
Read more: http://mobile.nytimes.com/2016/09/03/business/economy/jobs-report-hiring-unemployment-wages-fed-interest-rates.html?referer=https://www.google.com/?source=Snapzu

Nestlé CEO: Water Is Not A Human Right, Should Be Privatized

Is water a free and basic essential human right, or should all the water on the planet belong to major corporations and the super rich that control them? Should the poor be put in a position where they are sentenced to death, just because they were born into unfair circumstances? According to the former CEO and now Chairman of one of the biggest corporations in the world, and the largest food product manufacturer in the world, corporations should, in fact, own every single drop of water on the planet, and no one should be allowed to have access to it, unless they pay for it.
Read more: http://www.anonews.co/nestle-ceo-water/?source=Snapzu

Uber generated almost $500 million from 'safe rides' fees

Uber's introduction of a "safe rides" fee years ago drew the ire of customers upset that they had to pay a fee for their safety. But for Uber, it was clearly cash cow, generating $449 million in revenue over the last two years, according to a report from Bloomberg. The number comes to light only after Bloomberg's Joel Rosenblatt spotted the figure in an improperly redacted court filing. Uber declined to comment.
Read more: http://www.businessinsider.com/uber-449-million-safe-rides-fees-2016-8?source=Snapzu

Stupid Patent Of The Month: Elsevier Patents Online Peer Review

On August 30, 2016, the Patent Office issued U.S. Patent No. 9,430,468, titled; "Online peer review and method." The owner of this patent is none other than Elsevier, the giant academic publisher. When it first applied for the patent...
Read more: https://www.techdirt.com/articles/20160831/15355335408/stupid-patent-month-elsevier-patents-online-peer-review.shtml?source=Snapzu

Study says people wouldn’t pay more than 15 bucks for Netflix

Yesterday was pretty much TV data dork Christmas, with Tivo’s Digitalsmith research firm releasing its latest white paper about the state of the stuff we spend so many hours of our lives with our eyes passively sucking in. Polling 3,000-some participants, the “Q2 2016 Video Trends Report” is a wide-ranging look at American viewing and spending habits, including a slight uptick in people cutting the cable cord (and grabbing their basic network channels via digital antenna), and a reiteration of the idea that almost nobody digitally rents.
Read more: http://www.avclub.com/article/study-says-people-wouldnt-pay-more-15-bucks-netfli-241935?source=Snapzu

CD Projekt Red is now worth $1 billion

It’s been a little over a year since The Witcher 3: The Wild Hunt was released, but CD Projekt Red is still riding high thanks to the adventures of Geralt of Rivia. Over the weekend, the company released its first-half financial report for 2016, and while its profits are slightly down year-over-year, its value on the Polish stock market is now $1 billion, thanks to the combined power of The Witcher 3 and Gog.com.
Read more: http://www.gamasutra.com/view/news/280129/CD_Projekt_Red_is_now_worth_1_billion.php?source=Snapzu

Vice shows how not to treat freelancers

In an era of journalism in which freelancers have grown accustomed to being treated like disposable cogs of news production, Vice appears to be in a league of its own. nterviews with more than a dozen freelance journalists suggest the young, edgy news organization heralded as the future of journalism also has ushered in a new low for its treatment of freelance journalists.
Read more: http://www.cjr.org/the_feature/vice_freelancers.php?source=Snapzu