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Now that ‘Roe’ has been overturned, it’s up to the tech industry to protect our data

June 29, 2022 by www.fastcompany.com

Roe v. Wade is no more, but this is not 1972, the year before it was passed. In some ways, it’s even worse. advertisement advertisement When the Supreme Court ruled last week that banning abortion is not unconstitutional, abortion immediately became illegal in several states with “trigger laws” primed to take effect with just such a ruling. It’s about to become illegal in several more states in which previously passed laws restricting abortion had been blocked by federal courts. Millions of people are about to lose access to safe, legal abortions, and those who provide abortion access or support will face consequences ranging from civil suits to arrest in some states. These are grim times for abortion access. And the forecast is even more grim because we now live in an era of unprecedented digital surveillance. I’ve spent most of my career helping to protect activists and journalists in authoritarian countries, where it is often wise to think … [Read more...] about Now that ‘Roe’ has been overturned, it’s up to the tech industry to protect our data

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This CEO Won’t Stop Until He Reinvents The Hotel Management Business Worldwide

June 29, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Rami Zeidan, founder and CEO of hospitality tech darling Life House , is a busy guy. With 60 independent hotels currently under management (and another 40 expected before year’s end), as well as five Life House-branded hotels welcoming guests (and another two slated to open in 2022), the company is harnessing travel’s triumphant return to drive its ambitious agenda. I recently spoke with Zeidan to learn more about what makes Life House tick, and what the future holds for the company post-pandemic. His responses have been edited for length and clarity. Q: How would you explain Life House and its mission to someone who knows nothing about technology? A: Life House’s mission is to make travel more accessible and reliable for all types of travelers. However, because hotels are pieces of commercial real estate owned by investors seeking a financial return, we focus on owner issues (i.e., profitability) rather than … [Read more...] about This CEO Won’t Stop Until He Reinvents The Hotel Management Business Worldwide

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RBI Financial Stability Report: Fintech delinquencies halved to 2.26% in March

June 30, 2022 by www.moneycontrol.com

Representative Image Delay in loan repayments and defaults across fintech lenders has halved from its peak of 4.83 percent in September 2021 to 2.26 percent in March 2022, according to data in the Reserve Bank of India's (RBI) annual Financial Stability Report (FSR). According to the data by credit information company TransUnion CIBIL quoted in RBI's FSR, fintech delinquencies were higher than that of private sector banks and non-banking financial companies (NBFCs) or housing finance companies (HFCs) during the peak in September last year. As per data for March this year, delinquency levels in NBFCs and HFCs stand higher at 2.34 percent, while private bank defaults are far behind at 1.40 percent. The data is based on repayments due past 90 days, which in banking are categorised as Non-Performing Assets (NPAs). TransUnion CIBIL’s fintech category comprises NBFCs registered with RBI and active in the digital lending category, as well as peer-to-peer lending platforms. … [Read more...] about RBI Financial Stability Report: Fintech delinquencies halved to 2.26% in March

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A cybersecurity expert explains why it’s time to get serious about Zero Trust

June 30, 2022 by www.fastcompany.com

From keynote presentations at the cybersecurity industry’s biggest events to everyday news headlines, everyone appears to be talking about Zero Trust. The Biden administration has now even mandated it for government agencies. Countless security vendors put it in their marketing materials, but what is it, how did we get to this point, and how do organizations and now federal agencies put it into practice? advertisement advertisement Fundamentally, Zero Trust is a strategic approach to cybersecurity that secures an organization by eliminating implicit trust and continuously validating every stage of a digital interaction. We find implicit trust in many places within the IT infrastructure, such as trusting users sitting at headquarters differently than those working remotely from their home. Imagine if airports only checked your identity when you passed through the initial security checkpoint. Theoretically, once you’re in the concourse, you’d be free … [Read more...] about A cybersecurity expert explains why it’s time to get serious about Zero Trust

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China AI giant SenseTime dives as much as 51% as lockup expires

June 30, 2022 by www.theedgemarkets.com

- A + A HONG KONG (June 30): Chinese artificial intelligence software maker SenseTime Group Inc slumped as much as 51% in Hong Kong on Thursday, after a lock-up of its shares expired following its December initial public offering. The shares ended the day down 47% at HK$3.13, their lowest ever, and below their IPO price of HK$3.85. A lock-up on a portion of the stock owned by cornerstone investors and shareholders — amounting to 23.4 billion of shares — expired on Wednesday. “SenseTime’s average liquidity looks very low, and it’s also subject to US sanctions. That means its investor base is probably more concentrated, so the impact of lockup expiry is higher,” said Vey-Sern Ling, senior analyst with Union Bancaire Privée. SenseTime joins a list of technology companies that have seen insiders selling their shares after a strong rebound since mid-March. This week, Tencent Holdings Ltd’s major backer announced it will further cut its stake in the company. In May, JD … [Read more...] about China AI giant SenseTime dives as much as 51% as lockup expires

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Angelica Ross: 3 Lessons for Overcoming Your Biggest Challenges in Both Life and Business

June 30, 2022 by www.inc.com

Angelica Ross is the definition of a multi-hyphenate: As a founder, CEO, transgender rights activist, actor, producer, and singer-songwriter, she wears many hats at once. After teaching herself web design and coding, Ross began working as a webmaster. In 2014 she founded TransTech, a Chicago-based social enterprise company that trains transgender people in tech skills and helps to get them jobs. Now, since finding mainstream success on screen starring in FX's Pose and American Horror Story , Ross is launching a sister company, TransTech Global Enterprises, an agency that provides services including web development, app development, marketing, and social media management. In an Inc. Your Next Move interview with The Honey Pot CEO Beatrice Dixon, Ross discusses some of biggest things she's learned in her varied career. Here are three key lessons for entrepreneurs from the conversation. 1. Focus on yourself "People are constantly looking outside of themselves for … [Read more...] about Angelica Ross: 3 Lessons for Overcoming Your Biggest Challenges in Both Life and Business

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Xi Jinping: China’s dynamic zero-COVID policy works

June 30, 2022 by newsinfo.inquirer.net

President Xi Jinping talks on Tuesday with community workers, Party members and volunteers during an inspection tour of Wuhan, the capital of Hubei province, and hears about local efforts in the prevention and control of COVID-19 outbreaks. | XINHUA via China Daily/Asia News Network BEIJING — President Xi Jinping has reiterated that the dynamic zero-COVID policy has proved to be “correct “and “effective” in the nation’s response to COVID-19 outbreaks, saying that the “herd immunity “approach would cause unimaginable consequences in such a populous country as China. Xi, who is also general secretary of the Communist Party of China Central Committee, made the remarks on Tuesday during an inspection tour of Wuhan, the capital of Hubei province. The city reported the first case of COVID-19 in China. He visited a residential community and a high-tech enterprise in Wuhan, and highlighted the importance of coordinating the COVID response and socioeconomic development, as well as … [Read more...] about Xi Jinping: China’s dynamic zero-COVID policy works

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7 Renewable Energy Strategies We Can Learn From Iceland

June 28, 2022 by www.forbes.com

Share to Twitter Share to Linkedin “My favorite part of Iceland's renewable energy story is that it started small. It started with innovation, entrepreneurship,” Halla Hrund Logadottir , the Director-General of Iceland’s National Energy Authority (INEA), said in an extensive interview for my Electric Ladies Podcast during my whirlwind tour of their clean energy technologies recently. “In terms of how has this developed, originally organically and then supported by the government and by policies and funding, which is essential for any development.” Like any entrepreneurial venture, it started with one inspired person who bucked convention to find another way. “In the case of geothermal, there was a farmer who found a way in the early 1900s to connect his farm to a neighboring hot spring. And then, his municipality, (and) a few other farmers did the same. And then from there, it took off to politics….and became a part of government strategy to … [Read more...] about 7 Renewable Energy Strategies We Can Learn From Iceland

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SenseTime co-founder loses almost half his fortune after the AI giant’s stock slumps

July 1, 2022 by www.theedgemarkets.com

- A + A (July 1): A co-founder of SenseTime Group Inc. lost almost half of his fortune after shares of the artificial intelligence giant plummeted 47% on Thursday. Tang Xiao’ou, a Massachusetts Institute of Technology graduate and information engineering professor at the Chinese University of Hong Kong, has a 21% stake in the company. His net worth plunged by about US$2.4 billion to US$2.8 billion, based on the closing share price, dropping him off a list of the world’s 500 richest people, according to the Bloomberg Billionaires Index. The fall of SenseTime occurred after the lock-up period on a portion of shares held by cornerstone investors and stakeholders expired a day earlier. Some executives, including Chief Executive Officer Xu Li, pledged to extend the lock-up of their shares until Dec. 29. The tech company completed a Hong Kong listing in December despite US sanctions, and surged as much as 23% on debut. Thursday’s slump dragged the stock below the initial … [Read more...] about SenseTime co-founder loses almost half his fortune after the AI giant’s stock slumps

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These management changes for neurodivergent employees make work more accessible for everyone

June 29, 2022 by www.fastcompany.com

When we talk about inclusion today, we think of identity markers such as race, class, ability, and sexual orientation. But another important consideration is neurodiversity, which refers to the different ways in which people’s brains interact with the world around them. This facet of inclusion is gaining traction, but there is still a lot to be done in terms of designing workplaces that not just accommodate, but also nurture, neurodivergent employees. advertisement advertisement The full scope of neurodivergence is still under debate, but it includes a number of psychological profiles, with autism, dyslexia, and ADHD being prominent examples. It’s estimated that between 10 and 20% of the global adult population are neurodivergent, but with a steadily increasing number of diagnoses across the world, it’s clear that there are more neurodivergent people in the workforce than we may have initially thought. So, what should businesses and team leaders be … [Read more...] about These management changes for neurodivergent employees make work more accessible for everyone

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