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MakeUseOf: “Data brokerage is the underground economy that powers online advertising today. They follow us so much everywhere online; it’s hard to believe that this practice of buying and selling our data is even legal. The real-world equivalent of this practice is someone stalking you 24/7, noting your every move, with little or no consequence. …
Another update, November 19, 2021, via WSJ: “Citadel CEO Kenneth Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution. The 53-year-old billionaire paid $43.2 million for the historic document, plans to lend it to Crystal Bridges museum in Arkansas..” Update – “ConstitutionDAO loses $43 million auction of rare US Constitution copy. The …
The New York Times – “…Backlogs and cancellations are hitting growers as costs rise, profits slump and overseas customers shop elsewhere. A supply chain crisis for imports has grabbed national headlines and attracted the attention of the Biden administration, as shoppers fret about securing gifts in time for the holidays and as strong consumer demand …
MakeUseOf: “About to take the plunge into cryptocurrency? Stop! Make sure you research before parting with any of your hard-earned cash…Cryptocurrencies are built on solid software and there are genuine and promising applications for them. Furthermore, people do make money investing in cryptocurrencies, but people also lose a lot of money in cryptocurrency scams. Therefore, …
Vox: “How much is this worth?” It seems like a simple enough question. If the question is about a product, it likely comes with a price tag; if it’s a service, chances are it has an accompanying rate. As a customer, you either think it’s worth the price listed or not. When a customer answers …
IMF Departmental Paper No 2021/024 October 22, 2021 – “This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between …
Flowing Data – How Much Women and Men Work By Nathan Yau – “Over the years, more women have entered the workforce while the percentage of men has gone down slightly. The chart below shows the shifts since 1960. The breakdowns from 1960 to 1990 come from the decennial census. The data from 2000 to …
Fleiss, Alexander and Griessel Jr, Paul, Natural Language Processing and the Law (September 15, 2021). Available at SSRN: https://ssrn.com/abstract=3924429 or http://dx.doi.org/10.2139/ssrn.3924429 “Given the complexity of the M&A process, it makes sense that investment bankers have software such as S&P CapIQ, 451 Research, and PitchBook that allow them to instantly look up financial details and effectively …
Corporate Crime Reporter – The Justice Department maintains a comprehensive list of corporate crime settlements. The Trump Justice Department refused to make the list public. And now the Biden Justice Department is refusing to release the list. So last week, Jon Ashley filed a lawsuit to force the Biden Justice Department to release it. Ashley …
Bloomberg: “Scientists identified a specific gene that doubles the risk of respiratory failure from Covid-19 and may go some way to explaining why some ethnic groups are more susceptible to severe disease than others. Researchers from the University of Oxford found that a higher-risk version of the gene most likely prevents the cells lining airways …
GAO Watchdog Blog: “At the onset of the pandemic, IRS had to temporarily shut down its onsite operations, including its mail processing facilities. The impact could be felt by taxpayers, who waited longer for returns to be processed or to receive COVID-related economic relief checks. But the pandemic also disrupted IRS’s tax enforcement programs used …
“Senators Warren, King, and Wyden Announce Updated Proposal To Prevent The Biggest And Most Profitable Corporations From Paying Nothing In Federal Taxes. The Corporate Profits Minimum Tax Would Raise Hundreds of Billions in Revenue While Creating a Fairer Tax System. Updated Proposal to be Included as a Pay-for in the Build Back Better Plan…” Legislative …
