Andersen: I’d consider it a victory if we just assemble the best clean data source on the Web. We really hope to create an ecosystem where there are non-financial rewards for working on problems like this and create a way where people can publish the results of their own credit rating algorithms, evaluate how well they did based on historical analysis, and foster a sort of reputational competition. If we can create that, we can show there are other forces we can leverage to get an understanding of the systematic risk and then let traditional market forces take over from there in terms of investing. … [Read more...] about FreeRisk: Crowdsourcing Credit Ratings?
Top losers in stock market today
What is the most common form of human infrastructure in the world? It may well be the fence. Recent estimates suggest that the total length of all fencing around the globe is 10 times greater than the total length of roads. If our planet’s fences were stretched end to end, they would likely bridge the distance from Earth to the Sun multiple times. … [Read more...] about The hidden cost of building fences
The move marks the most significant milestone yet in the streaming-versus-theatrical debate that has been roiling for years now, growing more agitated and desperate in recent months due to COVID-19, which has all but decimated the theatrical moviegoing business. Yet even as COVID-19 has shuttered movie theaters around the world and caused movie studios to make historically unheard-of decisions—for instance, moving would-be theatrical films such as Hamilton and Mulan over to their streaming services (both of those were released on Disney Plus) or selling off otherwise worthy films to Netflix or another tech giant (such as Enola Holmes and Greyhound, which bowed on Netflix and Apple TV Plus respectively)—studios have nonetheless clung mightily to the belief that when it comes to big-budget films, there is simply no upside in releasing them on streaming. The reason? The box-office revenue for those films is simply too vast to justify a streaming release. This explains why, up … [Read more...] about How WarnerMedia just killed the Hollywood way of doing business
Harry & David Harry & David’s Gourmet Turkey Dinner arrives fully cooked and ready to warm. The box features a 10-pound oven-roasted turkey, apple sausage stuffing, brussels sprouts, brown sugar sweet potatoes, and, naturally, a pumpkin cheesecake. For those just looking to supplement their sides, the company is offering a 10-pound hickory-smoked turkey, lobster pot pie, and a mushroom-and-bacon-stuffed chateaubriand. … [Read more...] about The best Thanksgiving treats you can get delivered to loved ones (or yourself)
TM: We can guess based on what we see currently in terms of their posture and positioning that Facebook has not come to the conclusion that they were wrong about anything. So I don’t foresee there being really big structural or cultural or tonal changes. I do think that it is very possible that they eliminate political ads because of the grief that the debate has given them. And that would be really problematic, but it also reinforces a bigger point, which is that no organization, campaign, or strategy should ever be reliant on one platform. … [Read more...] about The Democratic operative who beat Trump on Facebook is bracing for the war ahead