Collaborate Disseminate
An anonymous reader quotes a report from the Associated Press: The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering… Continue reading The World Could Get Its First Trillionaire Within 10 Years
Papua New Guinea declared a two-week state of emergency following riots and multiple deaths, triggered by a payroll system error that incorrectly applied higher tax rates to government employees’ salaries. The Register reports: The pacific nation recen… Continue reading ‘Technical Glitch’ In Payroll Software Sparks Riots In Papua New Guinea
SonicSpike shares a report from Forbes: X, the social media site formerly known as Twitter, announced it would begin rolling out a peer-to-peer payment service similar to Venmo or PayPal this year — a feature the social media site’s billionaire owner … Continue reading X Announces Peer-To-Peer Payment Service Will Launch In 2024
A breach of the Securities and Exchange Commission’s account on the platform formerly known as Twitter caused bitcoin prices to spike.
The post After hack, X claims SEC failed to use two-factor authentication appeared first on CyberScoop.
Continue reading After hack, X claims SEC failed to use two-factor authentication
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. From a report: Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the organizatio… Continue reading Global Economy Set For Its Worst Half Decade of Growth in 30 Years, World Bank Says
Inc. reports that funding for Web3 startups in 2023 “declined 73% from 2022, according to new data from Crunchbase.”
In total, Web3 startups netted $7.8 billion in 2023, compared with the $21.5 billion raised in 2022. It’s part of a broader and sobe… Continue reading ‘As AI Rises, is Web3 Dead in the Water?’
A bestselling personal finance author and entrepreneur admits that he has more than $1 billion in debt — and he doesn’t think that’s a bad thing. From a report: “If I go bust, the bank goes bust,” said “Rich Dad, Poor Dad” author Robert Kiyosaki in a … Continue reading ‘Rich Dad Poor Dad’ Author Says He’s Racked Up More Than $1 Billion in Debt
One of the country’s most influential courts has asked the nation’s top securities regulator for its views on an uncomfortable subject: whether audit reports by outside accounting firms actually matter. From a report: The court already ruled that, at l… Continue reading Burned Investors Ask ‘Where Were the Auditors?’ A Court Says ‘Who Cares?’
An anonymous reader quotes a report from the Associated Press: Social media companies collectively made over $11 billion in U.S. advertising revenue from minors last year, according to a study from the Harvard T.H. Chan School of Public Health publishe… Continue reading Social Media Companies Made $11 Billion In US Ad Revenue From Minors, Study Finds
GiveDirectly, a nonprofit providing cash assistance to low-income households, is conducting a large-scale basic income experiment in rural Kenya, giving varying payment structures to recipients. “It is giving around 6,000 people in rural Kenya a little… Continue reading First Results From the World’s Biggest Basic Income Experiment