'Complete control': Apple accused of overpricing, restricting device repairs

Apple often overestimates the cost of repairs to its products and threatens third-party shops who are willing to fix them for a fraction of the price, a CBC News investigation has learned. Customers who enter an Apple Store with a seemingly minor hardware problem, such as a flickering screen, are often faced with a large bill because they are told they need to replace major parts of the device.
Read more: https://www.cbc.ca/news/thenational/complete-control-apple-accused-of-overpricing-restricting-device-repairs-1.4859099?source=Snapzu

Facebook reportedly aims to buy a 'major' cybersecurity company

Facebook is still reeling from the hack that exposed 29 million users, but it may have a solution: go shopping. Sources talking to The Information claim that Facebook is accelerating plans to buy a "major" cybersecurity company, and has already offered deals to "several" companies. While the tipsters haven't named candidates, Zuckerberg and team are reportedly likely to buy software that could fold into its existing services, such as tools for signalling hacking attempts or securing individual accounts.
Read more: https://www.engadget.com/2018/10/21/facebook-may-buy-large-cybersecurity-company/?source=Snapzu

Lockheed and Loaded

How the Maker of Junk Fighters Like the F-22 and F-35 Came to Have Full-Spectrum Dominance Over the Defense Industry. By Jeffrey St. Clair.
Read more: https://www.counterpunch.org/2018/10/18/lockheed-and-loaded-how-the-maker-of-junk-fighters-like-the-f-22-and-f-35-came-to-have-full-spectrum-dominance-over-the-defense-industry/?source=Snapzu

Google, Amazon, and Tesla are hurtling into a struggling industry — and it’s a sign the bloodbath is just getting started

In the course of Margaret Whelan’s conversations with homebuilders in Europe and Japan, she has noticed a difference between them and their American counterparts. “Everyone delivers houses in days, except here,” Whelan, CEO of Whelan Advisory, said at a recent conference in New York. The former JPMorgan managing director lamented that it often takes months, sometimes years, to build a house in the US.
Read more: http://entrepreneursays.com/2018/10/21/google-amazon-and-tesla-are-hurtling-into-a-struggling-industry-and-its-a-sign-the-bloodbath-is-just-getting-started/?source=Snapzu

The anti-politics of the poor: Unemployment, income and low trust in government

There is an increasing fascination among political scientists with the concept of anti-politics, an apparently growing sentiment of distrust with existing political institutions. It may be worth recalling then, that distrust in politics has economic roots. Bluntly, the economically marginalised do not trust politicians and this makes sense- if you’re not doing so well out of society, you will not trust those who run it.
Read more: https://medium.com/@sumdepony/the-anti-politics-of-the-poor-unemployment-income-and-low-trust-in-government-64366cb087eb?source=Snapzu

Bill Gates Honors Microsoft Co-Founder Paul Allen, Who Died of Cancer: He 'Changed My Life'

Bill Gates is paying tribute his late friend, Paul Allen, who co-founded Microsoft with him in 1975. Allen passed away at the age of 65 on Monday from complications from non-Hodgkin’s lymphoma, a cancer that kills nearly 20,000 people a year. At the time of his death, Allen was listed by Forbes as the 44th richest person in the world with a net worth of $20.3 billion.
Read more: https://people.com/human-interest/bill-gates-honors-microsoft-co-founder-paul-allen/?source=Snapzu

Micron Buying Out Intel's Stake in Flash Memory Joint Venture for $1.5 Billion

Micron (MU) is buying out Intel's (INTC) stake in a flash memory joint venture for $1.5 billion, the chipmakers said Wednesday. The venture produces 3D XPoint flash memory, which Micron says is 1,000 times faster than NAND memory.
Read more: https://www.thestreet.com/technology/micron-buys-intel-stake-in-flash-partnership-14750901?source=Snapzu