Category «Financial System»

Cisco: Avoid coronavirus, stay home, use Webex

ars technica: “Networking giant Cisco is getting into the coronavirus monitoring and mitigation game with its Webex remote meeting property. The company notes that in the wake of mandates issued to employees to halt travel plans and/or work from home, traffic across its Webex backbone has increased significantly. Webex meeting traffic connecting Chinese users to …

Subjects: Economy, Financial System, Health Care, Internet, Knowledge Management

GAO – federal government misspent $175 billion in fiscal 2019

Federal Agencies’ Estimates of FY 2019 Improper Payments – March 2020 – GAO-20-344 – “Agency-reported improper payment estimates for fiscal year 2019 totaled about $175 billion, based on improper payment estimates reported by federal programs, an increase from the fiscal year 2018 total of $151 billion. Of the $175 billion, about $121 billion (approximately 69 …

Subjects: Economy, Financial System, Government Documents

How to work during a pandemic

TechCrunch: “The world is bracing for the seemingly inevitable proliferation of SARS-COV-12, also known as COVID-19 and coronavirus, which has already paralyzed cities and isolated millions. In the U.S., especially the nonstop work culture in startups, we tend to think we’re immune to such things and carry on business as usual. We are not only …

Subjects: E-Government, Economy, Financial System, Government Documents, Health Care, Internet, Medicine

Printing’s Not Dead The $35 Billion Fight Over Ink Cartridges

Bloomberg – America’s onetime innovation icons are wrestling over their biggest remaining piles of money: “The HP 63 Tri-color ink cartridge retails for $28.99 at Staples. Stuffed with foam sponges drenched in a fraction of an ounce of cyan, magenta, and yellow dyes, this bestseller, model No. F6U61AN#140, can spray 36,000 drops per second in …

Subjects: Economy, Financial System, Intellectual Property, Internet, Legal Research

When AI Can’t Replace a Worker It Watches Them Instead

Wired – Whether software that digitizes manual labor makes workers frowny or smiley will come down to how employers choose to use it….”Many jobs in manufacturing require dexterity and resourcefulness, for example, in ways that robots and software still can’t match. But advances in AI and sensors are providing new ways to digitize manual labor. …

Subjects: AI, E-Records, Economy, Financial System, Legal Research, Privacy

New database aims to expose companies that make employees arbitrate sexual harassment claims

Washington Post – “Using the same spreadsheet-style activism she did with #GrabYourWallet, Shannon Coulter emailed some 500 companies, asking detailed questions about their forced arbitration policies for sexual harassment, which require employees to resolve complaints out of court. She and her partners, social impact investor Rachel Robasciotti and principal Iris Kuo, then published their answers …

Subjects: Civil Liberties, Economy, Financial System, Knowledge Management, Legal Research

AI Comes to the Tax Code

WSJ.com: “Governments are increasingly relying on machine learning and data analytics to analyze troves of data as they seek to detect tax evasion, respond to taxpayers’ questions and make themselves more efficient…The Internal Revenue Service is designing machine-built graphs to plot the relationships among participants in business deals, giving auditors a new tool to analyze …

Subjects: AI, Economy, Financial System, Government Documents, Legal Research

The 10 most overpaid CEOs in the US

Fast Company – “The median employee at Align Technologies, the company that makes Invisalign, makes $13,180 a year. The CEO makes $41,758,338. That’s a pay ratio of 3,168:1. And if you look at how the company performed over the long term, he was only worth about about $14 million dollars, meaning he was overpaid by …

Subjects: Economy, Financial System

Coronavirus Live Updates: Disruptions, Rising Cases, Market Tremors,Warnings

The New York Times Coronavirus Live Updates: “For the U.S., it’s not if but when, federal officials say. Americans should brace for the likelihood that the coronavirus will spread to communities in the United States, the Centers for Disease Control and Prevention warned Tuesday. “It’s not so much of a question of if this will …

Subjects: Economy, Financial System, Government Documents, Health Care, Knowledge Management

Artificial intelligence What Think Tanks are thinking

European Parliamentary Research Service Blog: “Artificial intelligence (AI) is usually understood as the ability for a machine to display human-like capabilities such as reasoning, learning, planning and creativity. The ‘Holy Grail’ for many governments and companies seeking to benefit from the digital revolution, the first to invent and apply true AI could achieve an enormous …

Subjects: AI, Cybersecurity, E-Government, Economy, Financial System, Knowledge Management, Legal Research

When Speakers Are All Ears

When Speakers Are All Ears – Understanding when smart speakers mistakenly record conversations. Daniel J. Dubois (Northeastern University), Roman Kolcun (Imperial College London), Anna Maria Mandalari (Imperial College London), Muhammad Talha Paracha (Northeastern University), David Choffnes (Northeastern University), Hamed Haddadi (Imperial College London) Last updated: 02/14/2020 Summary – Voice assistants such as Amazon’s Alexa, OK …

Subjects: Congress, E-Commerce, E-Records, Economy, Financial System, Privacy

Financial Secrecy Index 2020

Tax Justice Network – “The Financial Secrecy Index ranks jurisdictions according to their secrecy and the scale of their offshore financial activities. A politically neutral ranking, it is a tool for understanding global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or capital flight. The index was launched on 18 February 2020. The …

Subjects: Economy, Financial System, Legal Research