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TradeBriefs Editorial

From the Editor's Desk

How the Pentagon Learned to Use Targeted Ads to Find Its Targetsand Vladimir Putin - WIRED (No paywall)

But to Yeagley, Grindr was something else: one of the tens of thousands of carelessly designed mobile phone apps that leaked massive amounts of data into the opaque world of online advertisers. That data, Yeagley knew, was easily accessible by anyone with a little technical know-how. So Yeagley—a technology consultant then in his late forties who had worked in and around government projects nearly his entire career—made a PowerPoint presentation and went out to demonstrate precisely how that data was a serious national security risk.

As he would explain in a succession of bland government conference rooms, Yeagley was able to access the geolocation data on Grindr users through a hidden but ubiquitous entry point: the digital advertising exchanges that serve up the little digital banner ads along the top of Grindr and nearly every other ad-supported mobile app and website. This was possible because of the way online ad space is sold, through near-instantaneous auctions in a process called real-time bidding. Those auctions were rife with surveillance potential. You know that ad that seems to follow you around the internet? It's tracking you in more ways than one. In some cases, it's making your precise location available in near-real time to both advertisers and people like Mike Yeagley, who specialized in obtaining unique data sets for government agencies.

Continued here


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Why Novo Nordisk Stock Topped the Market Today  
  

Why Novo Nordisk Stock Topped the Market Today
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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Photoroom, An App That Generates AI Images In One Second, Is Now Worth $500 Million - Forbes (No paywall)  
  

Photoroom, An App That Generates AI Images In One Second, Is Now Worth $500 Million
In 2018, Matthieu Rouif, a product manager at GoPro, hit a wall. He needed to create visuals for the camera manufacturer’s latest video editing app and his designer was on leave. He spent the afternoon, frustrated, clicking away on Photoshop. At the same time across the hall, the company’s AI team was automating parts of photo editing as part of internal research.






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More couples are choosing a 'dual income, no kids' lifestyle. Here's how that changes their finances  
  

More couples are choosing a 'dual income, no kids' lifestyle. Here's how that changes their finances
"This idea and household configuration of dual-income partners living alone without children is on the rise," according to Misty L. Heggeness, an associate research scientist at the University of Kansas' Institute for Policy and Social Research. "In 2022, it was around 43% of households, and that's about a 7% increase from a decade previously."


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Why widespread tech layoffs keep happening despite a strong U.S. economy  
  

Why widespread tech layoffs keep happening despite a strong U.S. economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The artificial intelligence boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year to date.




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Why Katie Britt's Giving the GOP Response to Biden's State of the Union Address  
  

Why Katie Britt's Giving the GOP Response to Biden's State of the Union Address
It’s not unusual for the party that does not control the White House to choose a fresh face to respond to the president’s State of the Union address. And for Republicans, a party with a poor reputation for diversity, it’s even less unusual to ensure that this fresh face is female. Of the seven Republican SOTU responses dating back to Barack Obama’s second term, five were delivered by women (Cathy McMorris Rodgers, Joni Ernst, Nikki Haley, Kim Reynolds, and, last year, Sarah Huckabee Sanders) with still another coming from a person of color (Tim Scott). So freshman Alabama senator Katie Britt, who will respond to Joe Biden’s big speech next week, fits the mold.


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The World Bank is betting on this company to 'green' the $1.6 trillion steel industry — take a look inside  
  

The World Bank is betting on this company to 'green' the $1.6 trillion steel industry — take a look inside
In an indistinct office park in the suburban outskirts of Boston, a ten-year-old startup is trying to reinvent a process at the core of the $1.6 trillion steel industry to reduce carbon emissions and fight climate change.




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Humpback Whale Sex Observed for the First Time Ever, between Two Males - Scientific American (No paywall)  
  

Humpback Whale Sex Observed for the First Time Ever, between Two Males
Each year humpback whales travel thousands of miles from their polar feeding grounds to the tropical waters where they mate, give birth and nurse their calves. But despite the breeding season attracting tourists and scientists from around the world, sexual behavior among humpback whales had never been documented—until now.


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Parents paying for college 'is the norm,' expert says. Here's how students can contribute  
  

Parents paying for college 'is the norm,' expert says. Here's how students can contribute
Most often, parents are on the hook for the bill, according to Sallie Mae's annual How America Pays for College report. For the 2021-22 school year, parents covered 43% of the cost of college with their income and savings, while students picked up about 11%. But students can contribute in other ways too, experts say.




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Here's why it 'doesn't make financial sense' for Americans living abroad to give up their U.S. citizenship, one expert says  
  

Here's why it 'doesn't make financial sense' for Americans living abroad to give up their U.S. citizenship, one expert says
Americans who move abroad still have a responsibility to file their taxes with the IRS, sometimes in addition to taxes paid in their place of residence. Unsurprisingly, the thought of renouncing their U.S. citizenship may have crossed their minds at least once.


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Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more  
  

Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more
The increase in borrowing costs that stems from Fed decisions does not affect all consumers immediately. It typically affects people who need to take new loans — first-time homebuyers, for example. Other dynamics, such as the use of contracts in business, can slow the ripple of Fed decisions through an economy.




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Newsom Faces Questions Over ‘Sausage Making’ in Wage Law  
  

Newsom Faces Questions Over ‘Sausage Making’ in Wage Law
“It’s déjà vu all over again, although this time Newsom seems to be trying to address it before a small problem turns into a big problem,” Mr. Schnur said. “Still, his office still hasn’t provided a credible explanation for why the bill was drafted the way it was.”


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C.D.C. Shortens Isolation Period for People With Covid  
  

C.D.C. Shortens Isolation Period for People With Covid
Dr. Cohen noted the sharp decreases in the numbers of Covid-related hospitalizations and deaths this winter compared with those in previous years, and said a vast majority of hospitalizations had occurred among Americans who did not receive the latest shots.




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The Funeral of Aleksei Navalny, in Photos  
  

The Funeral of Aleksei Navalny, in Photos
Thousands turned out for the service, Mr. Navalny’s supporters estimated. Foreign diplomats were among the crowd. Some Russians shouted, “No to war,” risking arrest. In the end, Mr. Navalny’s coffin was lowered into the cemetery grounds to the strains of the Sinatra song “My Way” and one from the movie “Terminator 2,” video showed.


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After Gains at Big Three, U.A.W. Aims at Nonunion Plants  
  

After Gains at Big Three, U.A.W. Aims at Nonunion Plants
The Volkswagen plant announced an 11 percent pay increase shortly after the strikes at the Big Three. The raise brought the top hourly wage for production workers to $32.40, but the comparable wage for the Detroit automakers will exceed $40 by the end of the new contracts. (Volkswagen said the wage adjustment was part of a yearly review.)


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U.S. Seeks to Boost Nuclear Power After Decades of Inertia  
  

U.S. Seeks to Boost Nuclear Power After Decades of Inertia
In the Senate, Republicans and Democrats have written their own legislation to promote nuclear power. The two chambers are expected to discuss how to reconcile their differences in the coming months, but final passage is not assured, particularly with so many other spending bills still in limbo.




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He Wants Oil Money Off Campus. She’s Funded by Exxon. They’re Friends.  
  

He Wants Oil Money Off Campus. She’s Funded by Exxon. They’re Friends.
We spent hours that day — first at her lab, then in his, and then off campus at a hole-in-the-wall Burmese joint — as the two disagreed and agreed in amiable and insistent ways about some of the biggest questions facing the next generation of climate scientists like themselves.


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Witnesses of Aid Convoy Violence Describe Shooting, Panic and Desperation  
  

Witnesses of Aid Convoy Violence Describe Shooting, Panic and Desperation
An Israeli military spokesman, Rear Adm. Daniel Hagari, said on Thursday that Israeli soldiers had been trying to secure the convoy and fired “when the mob moved in a manner that endangered them.” But he said the soldiers had not fired on people seeking aid. The military has said that most of the people died in a stampede and that some were run over by the trucks in Gaza City.


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Biden Says U.S. Will Begin Aid Airdrops in Gaza  
  

Biden Says U.S. Will Begin Aid Airdrops in Gaza
John F. Kirby, a senior National Security Council official, said that the first airdrops would focus on food, followed by water and medicine. A U.S. military official said the Air Force plans to drop 50,000 meal rations.


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For Navalny’s Followers, a ‘Surge of Inspiration’ at a Sad Event  
  

For Navalny’s Followers, a ‘Surge of Inspiration’ at a Sad Event
Mr. Navalny spent his last three years in prison, under increasingly inhumane conditions. But many opposition-minded Russians still saw him as their Nelson Mandela, poised to someday ascend as the leader of a democratic Russia.


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From a Funeral Image, the Textures of Faith and State in Russia  
  

From a Funeral Image, the Textures of Faith and State in Russia
Mr. Navalny’s funeral on Friday took place at the Church of the Icon of the Mother of God Soothe My Sorrows. A funereal chaplet, typically a paper or fabric ribbon with the image of Jesus Christ, the Mother of God and John the Baptist, was lain on his head.


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South Korea Needs Foreign Workers, but Often Fails to Protect Them  
  

South Korea Needs Foreign Workers, but Often Fails to Protect Them
After his bosses refused to call an ambulance, ​a fellow ​migrant worker ​rushed him to a hospital, where​ doctors found internal bleeding in his head and his skull fractured in three places. His employer reported only minor bruises to the authorities, according to a document it filed for workers’ compensation for Mr. Chandra without his approval.


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Opinion | How Bad Can It Get for Hollywood?  
  

Opinion | How Bad Can It Get for Hollywood?
As for new projects, the industry’s current whispered motto seems to be: Just survive till ’25. Writers and producers pitching projects are being warned to keep expectations at basement level: Nobody’s buying, everybody’s cutting costs, caution rules, and the boom times are over. To quote Tony Soprano — the main character in a hit show back when a golden age seemed to be dawning, not dimming — things are trending downward. He had no idea how prescient he was.


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Opinion | The Democrat Showing Biden How It’s Done  
  

Opinion | The Democrat Showing Biden How It’s Done
Representative Katherine Clark, the House Democratic whip, recently told me she thinks abortion will be “the No. 1 issue” in the election. This new emphasis is quite a turnaround after decades when party leaders treated abortion as a necessary evil and often spoke of it in nervous euphemisms, but it’s the sort of moment a leader like Whitmer seems made for.


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Opinion | The Ugly History at the Root of the Border Standoff  
  

Opinion | The Ugly History at the Root of the Border Standoff
To understand the political and cultural forces that inspire this mentality, we can look to the slogan “Come and take it,” used by Republicans to express the ethos behind Texas’ intransigence. The slogan refers to the 1835 confrontation between white immigrants in the town of Gonzales and Mexico, the governing nation, after Mexican soldiers attempted to reclaim a cannon.


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Inside the E.P.A. Decision to Narrow Two Big Climate Rules  
  

Inside the E.P.A. Decision to Narrow Two Big Climate Rules
“There are two key factors: the Supreme Court, and the election,” said Jody Freeman, the director of the Harvard Law School Environmental and Energy Law Program and a former Obama White House official. “There are some adjustments needed for both,” she said. “You’ve got make sure these final rules are legally defensible, and you’ve got to make sure you’ve done enough for the stakeholders that you have support for the rules.”


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Bitcoin is hurtling toward its record high of $69,000. Experts see $200,000 in sight  
  

Bitcoin is hurtling toward its record high of $69,000. Experts see $200,000 in sight
Quigley told Fortune that he believes Bitcoin’s price will continue to increase, although he ​​warned that investors should not get caught up in a herd mentality. He predicts that a bull market could begin in October or November and last about a year, bringing Bitcoin to a peak price of $250,000.


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Crowdfunding campaign brings first Timor-Leste float to Sydney Mardi Gras parade  
  

Crowdfunding campaign brings first Timor-Leste float to Sydney Mardi Gras parade
Despite these advances, LGBTQ+ people still face a frequent lack of acceptance, violence and discrimination, Guterres said, something he hoped having a Timor-Leste float as part of Sydney’s Mardi Gras could change.


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Russia-Ukraine war live: Two reportedly killed in Russian drone attack on Odesa apartment block  
  

Russia-Ukraine war live: Two reportedly killed in Russian drone attack on Odesa apartment block
Odesa’s regional governor, Oleh Kiper, said at 8.30am local time (0630 GMT) that work was ongoing to clear the rubble and that a man had been pulled out alive, having likely been in the basement at the time of the strike.


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Middle East crisis live: UN team saw 'large number of gunshot wounds' among Gaza food aid injured; Biden hopes for ceasefire by Ramadan  
  

Middle East crisis live: UN team saw 'large number of gunshot wounds' among Gaza food aid injured; Biden hopes for ceasefire by Ramadan
Agence France-Presse (AFP) also reports that Biden had said at the beginning of this week that he expected a deal by Monday for a six-week halt in the fighting between Israel and Hamas, but has steadily walked back the timeline.


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Researchers study brain activity of surgeons for signs of cognitive overload  
  

Researchers study brain activity of surgeons for signs of cognitive overload
“When it comes to neuro-augmentation that’s certainly more challenging ground and people become more sceptical,” said Leff. “It’s an area that’s going to struggle to garner much support as you are talking about sending signals to someone’s brain. fNIRS is harmless monitoring of what’s happening and we have seen that’s way more acceptable to people.”


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Pro-Palestine marches to continue after Sunak 'extremists' speech  
  

Pro-Palestine marches to continue after Sunak 'extremists' speech
Many of theprotests this weekend are directed against Barclays Bank, which the group claims holds "substantial financial ties with arms companies supplying weapons and military technology to Israel".


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Rail fares to rise by 4.9% in England and Wales on Sunday  
  

Rail fares to rise by 4.9% in England and Wales on Sunday
Khan said: “Encouraging more people back into the city on Fridays could give a much-needed boost to the hospitality, business and leisure sectors. So, I’m making a call to all Londoners: to help London keep roaring back – let’s do Fridays.”


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Labour plans training for all police officers over violence against women  
  

Labour plans training for all police officers over violence against women
The most serious are Couzens’ murder of Everard in March 2021 and the revelations that his colleague in the Met’s parliamentary and diplomatic protection command, David Carrick, was one of Britain’s worst serial sex attackers, admitting to 85 offences.


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How 'no-go zone' myth spread from fringes to mainstream UK politics  
  

How 'no-go zone' myth spread from fringes to mainstream UK politics
Begum said: "In terms of the reported incidents of violence relating to the hysteria that was generated, there was a real disconnect between the two. I think that these kinds of moral panics are generated at times of political and economic crisis, and we're in both."


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Iris Apfel, renowned New York designer and style icon, dies aged 102  
  

Iris Apfel, renowned New York designer and style icon, dies aged 102
When asked about ageing in a 2018 interview, Apfel said: “I wouldn’t want to stop the clock. No, that would be so boring. It would be like being caught in a time machine, a time warp. I don’t like that. I think variety is the spice of life.”


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Eli Lilly stock will surge 29% over the next year with its weight-loss drug on pace to do $60 billion in sales by 2030, BofA says  
  

Eli Lilly stock will surge 29% over the next year with its weight-loss drug on pace to do $60 billion in sales by 2030, BofA says
\"Given the robust P&L impact of Lilly\'s GLP-1 portfolio, its neuroscience, oncology, and I&I segments seem less impactful. That said, these other segments and diversification + optionality and for oncology / I&I, we see an impressive +16% 5-year CAGR,\" Meacham said.


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NYCB Downgraded to Junk by Fitch, as Moody’s Goes Even Deeper  
  

NYCB Downgraded to Junk by Fitch, as Moody’s Goes Even Deeper
“The company has strong liquidity and a solid deposit base,” Chief Executive Officer Alessandro DiNello, who took over this week, said in a statement earlier Friday. “I am confident we will execute on our turnaround plan to deliver increased shareholder value.”


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Detry endures rare 6-putt at Cauley-led Cognizant  
  

Detry endures rare 6-putt at Cauley-led Cognizant
Chad Ramey, who entered Friday tied for the lead, shot a 72 and was 6 under. Defending champion Chris Kirk (70) made the cut with ease at 5 under, tied for 23rd with, among others, Billy Horschel (71), Matt Fitzpatrick (67) and Nick Dunlap -- whose round of 70 was highlighted by an ace at the par-3, 7th hole.




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