The rich are getting free money and capitalism is broken, says US billionaire

The founder of one of the world’s largest hedge funds has slammed capitalism as “broken” in a post published on LinkedIn yesterday. In the post titled The World Has Gone Mad and the System Is Broken, Bridgewater Associates founder Raymond Dalio explained that current economic and market forces are driving the growing gap between the rich and the poor.
Read more: https://au.finance.yahoo.com/news/rich-free-money-capitalism-broken-ray-dalio-011750854.html?source=Snapzu

The new dot com bubble is here: it’s called online advertising

In 2018 $273bn was spent on digital ads globally. We delve into the world of clicks, banners and keywords to find out if any of it is real. What do we really know about the effectiveness of digital advertising?
Read more: https://thecorrespondent.com/100/the-new-dot-com-bubble-is-here-its-called-online-advertising/13228924500-22d5fd24?source=Snapzu

Uber’s Self-Driving Car Didn’t Know Pedestrians Could Jaywalk

The National Transportation Safety Board releases hundreds of pages related to the 2018 crash in Tempe, Arizona, that killed Elaine Herzberg.
Read more: https://www.wired.com/story/ubers-self-driving-car-didnt-know-pedestrians-could-jaywalk/?source=Snapzu

Antitrust 101: Why everyone is probing Amazon, Apple, Facebook, and Google

Being the biggest player isn't illegal—but cheating to stay that way sure is.
Read more: https://arstechnica.com/tech-policy/2019/11/antitrust-101-why-everyone-is-probing-amazon-apple-facebook-and-google/?source=Snapzu

Password Sharing Costs Netflix Over $1.5 Billion Annually

Password sharing between friends and family is pretty standard practice when it comes to the copious amounts of streaming platforms available. The Alliance for Creativity and Entertainment (ACE) -- an anti-piracy group featuring Warner Bros., Disney, Netflix, Sony and Paramount -- recently announced its intention to take action against people sharing their subscriptions
Read more: https://www.cbr.com/netflix-loses-over-1-5-billion-annually-password-sharing/?source=Snapzu

Facebook admits to another data leak, saying that up to 100 developers accessed people's data from Groups

More than a year after Facebook clamped down on how much personal data third parties could see, the company has found some app developers still had access to people's data through Facebook Groups. In the wake of the Cambridge Analytica scandal Facebook tightened its rules on what personal data app developers could access. Following broad changes made in 2018, app developers' access to groups was restricted to content, as opposed to the data of individuals belonging to those groups such as names and profile pictures.
Read more: https://www.businessinsider.com/100-facebook-app-developers-may-have-had-access-to-private-groups-data-2019-11?source=Snapzu

Pharma Giant Fails To Mention (For 18 Years) That US Government Helped Fund A Key Patent Used In Drug That Has Generated $53 Billion In Sales So Far

Many drugs are eye-wateringly expensive and companies maintain it's because of development costs, but in fact, many new drugs are made possible thanks to ground-breaking early work by academics in universities or institutes, not in companies.
Read more: https://www.techdirt.com/articles/20191101/08414243305/pharma-giant-fails-to-mention-18-years-that-us-government-helped-fund-key-patent-used-drug-that-has-generated-53-billion-sales.shtml?source=Snapzu