Category «Economy»

Bitcoin’s energy consumption ‘equals that of Switzerland’

BBC – “Bitcoin uses as much energy as the whole of Switzerland, a new online tool from the University of Cambridge shows. The tool makes it easier to see how the crypto-currency network’s energy usage compares with other entities. However, one expert argued that it was the crypto-currency’s carbon footprint that really mattered. Currently, the …

Subjects: Economy, Energy, Environmental Law, Financial System

‘Fingerprinting’ to Track Us Online Is on the Rise. Here’s What to Do.

The New York Times – Advertisers are increasingly turning to an invisible method that pulls together information about your device to pinpoint your identity. “Fingerprinting involves looking at the many characteristics of your mobile device or computer, like the screen resolution, operating system and model, and triangulating this information to pinpoint and follow you as …

Subjects: Civil Liberties, Economy, Internet, Privacy

Big Law’s Summer Job Is Launching ‘New Law’ Competitors

Big Law Business: “Some of the largest law firms are striking back at non-traditional competitors who’ve grown into formidable businesses by nibbling away at lower-cost, higher-volume work. Three major firms in the past three weeks have launched service offerings aimed at growing their share of the market for work increasingly handled by businesses often referred …

Subjects: Economy, Knowledge Management, Legal Research

Sens. Warner, Hawley Team on Social Media Data Monetization Dashboard

“Today, U.S. Sens. Mark R. Warner (D-VA) and Josh Hawley (R-MO) will introduce the Designing Accounting Safeguards to Help Broaden Oversight And Regulations on Data (DASHBOARD) Act, bipartisan legislation that will require data harvesting companies such as social media platforms to tell consumers and financial regulators exactly what data they are collecting from consumers, and how …

Subjects: Civil Liberties, E-Commerce, E-Government, Economy, Government Documents, Internet, Legal Research, Legislation, Privacy, Social Media

Following the Paper Trail of Federal Retirement Processing

WatchBlog: Official Blog of the U.S. GAO – “The Office of Personnel Management receives over 100,000 federal retirement applications each year. But the time it takes to process these applications can often be delayed. In fact, between 2014 and 2017, OPM didn’t meet its goal of processing most applications within 60 days. Today’s WatchBlog explores …

Subjects: Economy, Financial System, Government Documents

How Amazon benefits from counterfeit books

Vox – “Amazon has a counterfeit book problem. But it isn’t really a problem for Amazon itself, reporter David Streitfeld argued in an investigation published in the New York Times on Sunday. In fact, publishers and authors whose books are photocopied or otherwise plagiarized just come to rely on Amazon even more. Streitfeld starts by …

Subjects: E-Commerce, Economy, Education, Health Care, Intellectual Property, Internet, Knowledge Management, Legal Research, Libraries

How Retail’s Secret Surveillance Tracks Your Every Move

The New York Times: “Imagine you are shopping in your favorite grocery store. As you approach the dairy aisle, you are sent a push notification in your phone: “10 percent off your favorite yogurt! Click here to redeem your coupon.” You considered buying yogurt on your last trip to the store, but you decided against …

Subjects: Economy, Food and Nutrition, Knowledge Management, Privacy, Wireless Web

Don’t Know Which Toaster to Buy? There’s a Website for That

The Ringer – “More like a dozen, actually, for every type of online purchase—from appliances to sandals, from sunscreen to digital cameras. When did recommendation sites like the Wirecutter and The Strategist become such a central part of the online economy? And are they changing the way we shop?…anyone who has ever impulse-ordered something from …

Subjects: E-Commerce, Economy, Internet, Legal Research