News You Can Use: 5/8/2019

  • The push to break up Big Tech, explained

    A few years back, for example, Amazon essentially monopolized the market for e-books. Major book publishers fought back by teaming up to take on the bigger company and the Justice Department filed an antitrust suit against them. Why? Well, Amazon was using its power in the marketplace to keep e-book prices low. The publishers, the government argued, were trying to form a cartel to force Amazon to raise prices. And, indeed, even though the publishers ended up settling with the government, the introduction of more competition into the e-book marketplace (primarily from Apple) has had the impact of making e-books more expensive than they were when Amazon ruled the roost. The standard, in other words, isn’t that one company dominating a market is bad. It’s that it’s bad if a company’s market domination leads to bad outcomes for consumers.

    Back to Facebook and Instagram. At the time, few observers saw how significant this deal was. But technology industry analyst Ben Thompson told the Code Conference audience last year that allowing this acquisition was “the greatest regulatory failure of the last 10 years” by allowing Facebook to entrench its dominance of social media. Yet under the contemporary antitrust framework, one might argue there’s no harm to consumers here — Facebook and Instagram are both free, so there’s after all no increase in prices. Yes, the fact that the combined entity is such an advertising juggernaut, pulling in $17 billion last quarter, is a big problem for other companies trying to sell ads (such as publishing companies that use ad revenue to fund actual journalism, for example) — but that’s not necessarily a problem for consumers.

    https://www.vox.com/recode/2019/5/3/18520703/big-tech-break-up-explained

  • Facebook Faces a Big Penalty, but Regulators Are Split Over How Big

    The F.T.C.’s five commissioners agreed months ago that they wanted to pursue a historic penalty that would show the agency’s teeth. But now, the members are split on the size and scope of the tech company’s punishment, according to three people with knowledge of the talks who spoke on the condition of anonymity.

    The division is complicating the final days of the talks.

    Along with disagreement about the appropriate financial penalty, one of the most contentious undercurrents throughout the negotiations has been the degree to which Mark Zuckerberg, Facebook’s chief executive, should be held personally liable for any violation of a 2011 agreement, according to two of the people.

    https://www.nytimes.com/2019/05/04/technology/federal-trade-commission-facebook-mark-zuckerberg.html

  • ‘Resulting’: Don’t mistake a bad outcome for a bad decision
  • Ajit Pai admits FCC got broadband growth figures wrong

    The impressive broadband growth numbers the FCC reported in February were actually off by millions, and now the agency has admitted in a revised draft that its figures were indeed inflated. It was advocacy group Free Press that originally revealed (PDF) the inaccuracy in March, though commission chief Ajit Pai didn’t even mention its role in the discovery. The organization found that a new ISP called BarrierFree falsely told the FCC that it has started serving 20 percent of the country just six months after it opened.

    That mistake led the agency to announce that the number of Americans lacking access to a fixed broadband connection was down to 19.4 million by the end of 2017 from 26.1 million the year before. Turns out, the correct figure is 21.3 million — a big difference, for sure, but not big enough for Pai to backpedal on his declaration that the changes he implemented led to massive broadband growth.

    https://www.engadget.com/2019/05/02/ajit-pai-fcc-broadband-growth-figures-error/

  • ‘996’ Is China’s Version of Hustle Culture. Tech Workers Are Sick of It.

    Across the different groups, the basic strategy is to push, but not so hard that the Chinese government feels compelled to react.

    That means no strikes and no demonstrations. In one group on the messaging app Telegram, references to Marx and Lenin are forbidden. The philosophies of communism’s leading lights often run contrary to the way China is run today. The government cracked down against a labor rights movement in the tech hub of Shenzhen this year.

    Instead of sit-ins, the tech workers are harnessing the power of memes, stickers and T-shirts. Some have pushed for a holiday to celebrate beleaguered software engineers. Mr. Zhuge is rallying workers to mail paper copies of China’s labor law to Mr. Ma of Alibaba.

    https://www.nytimes.com/2019/04/29/technology/china-996-jack-ma.html

Photo by Benjamin Combs on Unsplash

News You Can Use: 4/10/2019

  • The anti-competitive forces that foil speedy, affordable broadband

    Big players such as AT&T routinely issue press releases touting new deployments. But on closer examination, many of those touch only a few homes or businesses in an entire census tract, thus inflating the actual scope of the deployment, says Joanne Hovis, the president of CTC Technology & Energy, the company that prepared the broadband report for San Francisco. “The FCC’s data is very flawed,” she says.

    What’s more, roughly half of the new fiber deployments cited recently by the FCC were mandated as a condition for approval of AT&T’s acquisition of DirecTV, says Ernesto Falcon, legislative counsel with the Electronic Frontier Foundation. And deployments have slowed because the major players have already cherry-picked the neighborhoods that offer the best prospects for high-paying customers, he says.

    https://www.fastcompany.com/90319916/the-anti-competitive-forces-that-foil-speedy-affordable-broadband

  • In a WeWork World, Finding an Office Buddy Is a Social Minefield

    Co-working requires a special set of social skills. Nisha Garigarn was visiting the Wing, a women-focused work and community space in New York, when an acquaintance from an event at another venue three years earlier approached her.

    “She kind of inserted herself into the conversation I was having with my co-working friends,” said the 28-year-old co-founder of the co-working app Croissant. “It was really awkward.” Unable to extricate herself, Ms. Garigarn pulled out her laptop and pretended to read her email. Another friend got up to use the bathroom. Later, Ms. Garigarn watched a YouTube video on how to end a conversation gracefully.

    https://www.wsj.com/articles/in-a-wework-world-finding-an-office-buddy-is-a-social-minefield-11553873968

  • Universal basic income: The plan to give $12,000 to every American adult | Andrew Yang

    In an UBI economy, corporations (especially retail) will view these funds as a subsidy and find ways to pay employees less, and squeeze out more profit.
  • Repairing All the ‘Structurally Deficient’ Bridges in the US Would Take More Than 80 Years

    The ARTBA’s 2019 Bridge Report said that 8 percent—or 47,000 of the country’s 616,087 bridges—are “structurally deficient,” which the ARTBA estimates would cost $171 billion to fix. The report, published this week, is an analysis of data from the US Department of Transportation’s National Bridge Inventory.

    “There’s a lot of conversation on Capitol Hill about investing in infrastructure; it’s the one thing both Democrats and Republicans agree should be done,” John Schneidawind, vice president of public affairs at the ARTBA, told Motherboard in an email. “But there’s little agreement yet on how to fund that investment.”

    https://motherboard.vice.com/en_us/article/yw8ypb/repairing-all-the-structurally-deficient-bridges-in-the-us-would-take-more-than-80-years-artba

  • How to (Politely) Get Someone to Sign a Non-Disclosure Agreement

    “In the interest of maintaining good governance with future investors, we’re asking that anyone closely involved with this project at this early stage sign an NDA.”

    What you are saying is that you’re planning to approach investors who will want to see that you follow best practices in the way you run your business. The fact that you can produce a list of people who have been exposed to the concept and who have signed an NDA will bode well with professional investors doing due diligence. It will also prevent them from using this as an excuse to nibble down the valuation.

    https://www.entrepreneur.com/article/331079

Photo by Simon Maage on Unsplash

News You Can Use: 7/19/2017

  • This Public Speaking Habit Is Annoying Your Audience

    When you pace too much, you’ll lose out on the opportunity to use your movement to punctuate what you’re saying. In writing, you use spacing to separate paragraphs on a page, and punctuation to build pauses into a sentence. Movement can do the same thing when you speak.

    For example, suppose you said, “We have to move in new directions. We have to innovate.” If you stood still and delivered those two lines non-stop, they’d land with little impact. If added a short pause between the sentences yet remained still the whole time, you’d have a bit more impact. But if you paused and also moved between delivering the first line and the second, you’d have the most impact.

    https://www.fastcompany.com/40438283/this-public-speak-habit-is-annoying-your-audience

  • What is that agile certification really worth?

    “Agile project success has less to do with whether or not developers are certified and much more to do with whether or not the entire organization is making the culture shift towards an agile mindset all the way from the lowest-level developer up to the CEO,” Doucette says.

    Taking time as an organization to understand, adopt and apply agile principles and practices is what it’s all about, he adds; agile certification, scrum masters, agile coaches and the like are not going to be effective on their own unless there is company-wide buy-in of the principles and practices behind the methodology, Doucette says.

    http://www.cio.com/article/3033058/certifications/do-agile-certifications-mean-anything.html

  • How to Control Your Rage, With Buddhist and Michelin Star Chef Eric Ripert
  • Senators warn FCC that it better be ready for Wednesday’s net neutrality Day of Action

    Oregon Senator Ron Wyden and Hawaii’s Brian Schatz asked the commission to confirm that it won’t be caught flat-footed during Wednesday’s net neutrality Day of Action.

    The two pro-net neutrality Senate Democrats cited an incident in May during which the FCC’s comment portal crashed due to what Pai described as a “non-traditional DDoS attack.” The Senators were rightfully suspicious about the supposed DDoS claim as it would have coincided with a call to action by TV host John Oliver, who urged viewers to leave comments expressing their displeasure at the FCC’s policies.

    https://techcrunch.com/2017/07/10/wyden-schatz-letter-to-pai-net-neutrality-day-of-action/?ncid=rss

  • The Overlooked Job Skill That Could Be the Key to Your Next Raise

    A recent study out of the University of Iowa showed that those who can type quickly are more likely to emerge as leaders of remote groups. That’s a direct correlation between typing speed and being perceived as a high performer.

    It goes without saying that high performers at work get promotions and raises more quickly. Thus, better typing skills should lead to higher salaries. Somewhere, Mrs. Ames is reading this and thinking, “I told you so!”

    The Iowa study found that “individuals who can type faster are able to more quickly communicate their thoughts and drive the direction of a team.” In my experience, that is spot on.

    http://www.thesimpledollar.com/the-overlooked-job-skill-that-could-be-the-key-to-your-next-raise/

Photo: Brodie Vissers

News You Can Use: 5/3/2017

  • Tech Firms, Cable Companies Take Sides in Net-Neutrality Battle

    Mr. Pai has said he wants to eliminate what he regards as the excesses of the Obama -era rule, while preserving the basic principles of net neutrality.

    His plan—to be announced in a speech to conservative groups—is expected to focus on building a case for rolling back the reclassification of internet providers as common carriers.

    https://www.wsj.com/articles/tech-firms-cable-companies-take-sides-in-net-neutrality-battle-1493200800

  • How the most productive CEOs keep email in check

    Brad Smith, the CEO of Intuit, the maker of TurboTax and parent company of Mint, sums up his email approach as “read, act, file, or delete.” By limiting himself to these four options—and requiring that he performs one of them—Smith says he manages to clear his inbox daily without the help of an assistant. It “requires real commitment,” he concedes, but the goal is simple: “Never touch something more than once.” In order to leave time for regular inbox maintenance, Smith schedules meetings that can’t run longer than 45 minutes so he can catch up on emails during the 15 minutes in between meetings.

    https://www.fastcompany.com/40407454/how-the-most-productive-ceos-keep-email-in-check

  • Why It’s Good to Think You’re Bad at Your Job

    In this video, Entrepreneur Network partner Chris Haddon sits down with Mike McDevitt, CEO of Terra’s Kitchen and former CEO of Medifast. In the interview, McDevitt talks about Terra’s Kitchen, a Baltimore-based food delivery service, why he thinks retail grocery is the last “fat and happy” retail industry and how his company is tapping into an unmined industry.

    https://www.entrepreneur.com/video/293136

  • How Juicero’s Story Set the Company Up for Humiliation

    Their moment came this week, after some Juicero investors who received the product noticed something strange. The pouches didn’t require a $400 piece of equipment to yield juice. They required something less proprietary—fingers. Two Bloomberg reporters, Ellen Huet and Olivia Zaleski, performed their own test. They found that squeezing Juicero’s pouches in their hands for 90 seconds yielded as much juice from the bags as the industrial strength machine, which actually took 30 seconds longer to produce a similar amount of liquid. It appeared that Juicero’s vaunted product, which had so beguiled Silicon Valley, was basically a simple press—functionally the equal of a waffle iron, except one that can’t make waffles.

    https://www.theatlantic.com/business/archive/2017/04/juicero-lessons/523896/?utm_source=feed

    I am calling this story out because this is what happens when hype goes unchecked.

  • The Best Place to Stand at Networking Events for Better Schmoozing

    Aim for the social zone, usually around the bar, so that you can catch people once they’ve settled in and grabbed a drink to relax. Now people are in networking mode and ready to find someone to meet. As they walk away from the bar, there you are! Once you start chatting, you have a couple techniques to keep the conversation flowing and make a good impression: ask questions rather than just making small talk, focus on the other person’s passions to make things more interesting, or follow the FORD technique. And since networking events are about connecting with more than one person, have an exit line ready so you can gracefully move on after a few minutes.

    http://lifehacker.com/the-best-place-to-stand-at-networking-events-for-better-1794610102

Photo: Frances Gunn

News You Can Use: 4/26/2017

  • Buy American, Hire American – Coming Soon to Impact a Supply Chain Near You

    The Buy American, Hire American order is two-fold. The Buy American agenda will: (1) instruct agencies to conduct comprehensive assessments; (2) target waivers and exceptions allowing foreign goods advantages in U.S. government procurement; (3) require a review of WTO’s Agreement on Government Procurement and other trade deals to ensure compliance with new standards; (4) require Buy American bidding processes to take into account unfair trade practices; and (5) promote American-made steel. The Hire American agenda will: (1) enforce laws governing entry of foreign workers in order to promote rising wages and more employment; and (2) direct agencies to propose reforms to H-1B program.

    Industry trade groups, including the American Petroleum Institute and Interstate Natural Gas Association of America, claim the order will reduce competition leading to higher prices. Ken Simonson of the Association of General Contractors, states he expects prices to go up on key materials for construction projects, such as fuel, lumber, steel, and copper. Simonson warns trade restrictions limit the ability of contractors and manufacturers to control costs leading to projects being deferred or even canceled.

    http://www.natlawreview.com/article/buy-american-hire-american-coming-soon-to-impact-supply-chain-near-you
    Note: I have been trying to keep up with this topic personally and put together this post last week and Episode 58 of SourceCast.

  • FCC Chairman Ajit Pai Faces Balancing Act in Net Neutrality Rollback

    No matter which path he eventually chooses—fast or slow—Mr. Pai might feel he has to start soon. That is because he faces at least some risk that the lone remaining Democrat on the commission, Mignon Clyburn, could leave at some point after her term expires in June. There are already two vacancies on the five-member commission, so her departure could leave the FCC without a quorum, at least until a successor is confirmed. Then it would be far more difficult for the agency to vote on major policy changes—even just initiating them.

    https://www.wsj.com/articles/fcc-chairman-ajit-pai-faces-balancing-act-in-net-neutrality-rollback-1492340400

  • Has supply chain growth outpaced the talent it requires?

    “There have been a lot of changes. There’s more and more automation; transacting purchases with artificial intelligence (AI) is a radical change,” he told Supply Chain Dive. “Will you need people doing these things? [Currently] you find a supplier, put out the RFIs (requests for information) and get sourcing recommendations. I don’t know if that will be there in five or 10 years.”

    http://www.supplychaindive.com/news/talent-crisis-education-tech-supply-chain-nature/440392/
    Flashback to SourceCast Episode 55 – I go deep on this topic:

  • Most employees willing to share sensitive information, survey says

    According to an end user security survey released this morning, 72 percent of employees are willing to share confidential information. In the financial services sector, the percentage was even higher — 81 percent said they should share sensitive, confidential or regulated information.

    This is despite the fact that 65 percent said that it was their responsibility to protect confidential data.

    “There is an acknowledgment by employees that security is important,” said Brett Hansen, vice president for endpoint and data security at Dell, the company that sponsored the survey. “But their actions are not consistent with good data security.”

    http://www.csoonline.com/article/3191286/security/most-employees-willing-to-share-sensitive-information-survey-says.html

  • Why Tesla’s Future Is So Hard to Predict

    Earlier this month, Navigant Research published a report that declared the worldwide leader in self-driving tech is Ford, followed by GM, Renault-Nissan, Daimler, and Volkswagen—all car companies. Tesla finished 12th. One research report isn’t gospel. But it suggests that the “Tesla Is Apple, and Cars Are Smartphones” thesis has some serious limitations. In 2007, Apple’s competitors thought the iPhone was a terrible idea. But in 2017, almost all of Tesla’s competitors are engaged in a global race to build electric and autonomous vehicles, and some of them are arguably ahead of Musk in software and distribution capacity.

    https://www.theatlantic.com/business/archive/2017/04/tesla-future-of-driving/523224/?utm_source=feed

Photo: Sebastian Unrau