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Daily Archives: July 22, 2019

China has reached parity with US on this year’s Fortune Global 500 list

Washington Post Daily Dot: “China has reached parity with the United States on this year’s Fortune Global 500 list, which dropped this morning. “As the Chinese Century nears its third decade, Fortune’s Global 500 shows how profoundly the world’s balance of power is shifting,” Geoff Colvin writes in the magazine. “American companies account for 121 of the world’s largest corporations by revenue. Chinese companies account for 129 (including 10 Taiwanese companies). For the first time since the debut of the Global 500 in 1990, and arguably for the first time since World War II, a nation other than the U.S. is at the top of the ranks of global big business. That shift is transforming not just the business world but the whole world. … The No. 1 nationality among the top 50 companies in this year’s Global 500 is American; among the bottom 50, it’s Chinese. Those companies near the bottom are rising quickly, and like their country, they’re burning with ambition.”

Also via the Washington Post Daily Dot – The New York Times reports that Chinese investment in the United States has plummeted by nearly 90 percent since Trump took office: “The falloff, which is being felt broadly across the economy, stems from tougher regulatory scrutiny in the United States and a less hospitable climate toward Chinese investment, as well Beijing’s tightened limits on foreign spending. It is affecting a range of industries including Silicon Valley start-ups, the Manhattan real estate market and state governments that spent years wooing Chinese investment, underscoring how the world’s two largest economies are beginning to decouple after years of increasing integration.”

Reconciling Social Media and Professional Norms for Lawyers, Judges, and Law Professors

McPeak, Agnieszka, The Internet Made Me Do It: Reconciling Social Media and Professional Norms for Lawyers, Judges, and Law Professors (May 1, 2019). Idaho Law Review, Vol. 55, No. 2, 2019. Available at SSRN: https://ssrn.com/abstract=3418088 “Social media platforms operate under their own social order. Design decisions and policies set by platforms steer user behavior. Additionally,… Continue Reading

Ranking Legal Publications: The Israeli Inter-University Committee Report

Birnhack, Michael D. and Perez, Oren and Perry, Ronen and Teichman, Doron, Ranking Legal Publications: The Israeli Inter-University Committee Report (July 18, 2019). Available at SSRN: https://ssrn.com/abstract=3422168 “The Report offers a global ranking of academic legal publications, covering more than 900 outlets, and using a four-tier categorization. The ranking is based on a combined quantitative… Continue Reading

The Law and Accessible Texts: Reconciling Civil Rights and Copyrights

“On July 22, 2019, the Association of Research Libraries (ARL) and the University of Virginia (UVA) Library released this white paper, The Law and Accessible Texts: Reconciling Civil Rights and Copyrights, authored by Brandon Butler (UVA), Prue Adler (ARL), and Krista Cox (ARL). This white paper, part of a project supported by a grant from… Continue Reading

Law Librarians: The Missing Link As Solo & Small Firm Lawyers Adapt to Artificial Intelligence

MyShingle – Nicole Black: “Earlier this week, I lead a roundtable discussion on Artificial Intelligence in Legal Research and Law Practice at the American Association of Law Librarians (AALL) which took place in Washington D.C.  I was grateful for the invitation from @robtruman, the law librarian at the Lewis & Clark Law School because the… Continue Reading

The internet is surprisingly fragile, crashes thousands of times a year, and no one is making it stronger

Phys.org: “How could a small internet service provider (ISP) in Pennsylvania cause millions of websites worldwide to go offline? That’s what happened on June 24, 2019 when users across the world were left unable to access a large fraction of the web. The root cause was an outage suffered by Cloudflare, one of the internet’s… Continue Reading

CRS – Bankruptcy and Student Loans

Library of Congress CRS Reports – Bankruptcy and Student Loans, July 1, 2019. “As overall student loan indebtedness in the United States has increased over the years, many borrowers have found themselves unable to repay their student loans. Ordinarily, declaring bankruptcy is a means by which a debtor may discharge—that is, obtain relief from—debts he… Continue Reading

All school and no work becoming the norm for American teens

Brookings – “From 2000 to 2018, the labor force participation rate of 16- to 64-year-olds fell 3.6 percentage points. In previous work, we have shown that declining labor force participation among young people contributed substantially to this decline. In this analysis, we describe how teenagers (16–19-year-olds) have shifted away from working or seeking work and… Continue Reading