From TradeBriefs <[email protected]>
Subject Hurricane Ernesto Nears Bermuda, With 'Life-Threatening' Rip Currents On East Coast - Forbes (No paywall) - Aug 16, 2024
Date August 16, 2024 5:43 AM
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-------------------------

The top stories being read around the world right now!

From the Editor's Desk

Americas Missed Chance in Afghanistan - Foreign Affairs (No paywall)

For many Americans, the dominant image of the United States’ 20-year
war in Afghanistan came at the very end: terrified Afghans storming
the Kabul airport, clinging to departing planes, some falling to their
deaths, desperately trying to flee the country as Taliban insurgents
closed in on the capital. Three years ago this month, the longest and
most expensive war in U.S. history, a conflict that resulted in 2,459
dead American soldiers and 20,000 more wounded, had ended in
spectacular failure.

Although accusations of American incompetence in Afghanistan now focus
on those last days in August 2021, the real error had been made long
before, at the moment of the United States’ greatest victory there:
the fall of the Taliban in December 2001. Flush with success, hungry
for vengeance, and confident of the Taliban’s complete defeat, the
United States sought neither reconciliation nor compromise with
Afghanistan’s former leaders. Instead, it sought to make an example
of them. In doing so, the George W. Bush administration planted the
seeds for the Taliban insurgency that would emerge and eventually wipe
away two decades of sacrifice in Afghanistan.

Continued here [[link removed]}&lead=419599&emailid=50165&nl=daily]

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Hurricane Ernesto Nears Bermuda, With 'Life-Threatening' Rip Currents
On East Coast - Forbes (No paywall) [[link removed]}&lead=419599&emailid=50165&nl=daily]  
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Hours after strengthening into the third hurricane of the season,
forecasters warn Hurricane Ernesto will bring "life-threatening" rip
currents to the East Coast as it barrels north toward Bermuda, after
pummeling Puerto Rico and the Virgin Islands.

Work

How Agns Varda Became an Icon of Cinema - The New Yorker (No paywall)
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With classic filmmakers, a biography is a peek behind the scenes,
whether a debunking or an astonishmentâa view of the human element
that made grand achievements possible. With modern filmmakers, whose
work is already inescapably personal, a biography is a virtual
extension of the films they've made. Agnès Varda is a central
modern filmmaker, and Carrie Rickey's fervently detailed and briskly
narrated new biography, "A Complicated Passion" (Norton), reveals that
the coalescence of Varda's art and life was even more thoroughgoing
than is apparent from the films themselves. The story that Rickey
tells imparts a retrospective sense of destinyâa vision of a career
that ran long enough, and changed enough along the way, as to cast the
entire scope of Varda's lifelong activity in a cinematic light. Even
the details of her pre-cinematic youth seem to line up in a pattern
that leads inevitably to movies.















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Iran's electronic confrontation with Israel - The Economist (No
paywall) [[link removed]}&lead=419599&emailid=50165&nl=daily]  
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ZIV HOSPITAL is nestled at the bottom of Safed, the highest city in
Israel, not far from the border with Syria and Lebanon. In November
the hospital acknowledged that hackers had penetrated its computer
systems. An Iran-backed hacking group would later claim to have gained
access to 500 gigabytes of patient data, including 100,000 medical
records linked to Israeli soldiers. That is hardly unusual. Hackers
regularly target and breach hospitals, usually to extort ransoms.

Work

Boston's lab market is in rough shape - STAT (No paywall)
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When demand for office space cratered during the Covid-19 pandemic,
many developers in the Boston area doubled down on building lab space
instead. Lately, it sure seems like they went overboard.














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3 Common Archetypes of Employees Who Commit Fraud - Harvard Business
Review (No paywall) [[link removed]}&lead=419599&emailid=50165&nl=daily]  
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Fraud is estimated to be a multi-trillion-dollar problem — and this
doesn’t even include undetected and unreported fraud. So how can
senior leadership teams fortify their organizations against massive
fraud schemes? By recognizing three archetypes of employees who commit
fraud — intentional perpetrators, accidental perpetrators, and
righteous perpetrators — leaders can spot red flags quickly in order
to prevent future losses and reputational damage.

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It Won't Be Easy to Stop Taxing Tips, as Trump and Harris Want -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=50165&nl=daily]  
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But experts say there's a reason Congress hasn't made such a change
already. It would be complicated, not to mention enormously costly to
the federal government, to enact. It would encourage many higher-paid
workers to restructure their compensation to classify some of it as
"tips" and thereby avoid taxes. And, in the end, it likely wouldn't
help millions of low-income workers.














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Why the T in ChatGPT is AI's biggest breakthrough - and greatest risk
- New Scientist (No paywall) [[link removed]}&lead=419599&emailid=50165&nl=daily]  
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AI companies hope that feeding ever more data to their models will
continue to boost performance, eventually leading to human-level
intelligence. Behind this hope is the "transformer", a key
breakthrough in AI, but what happens if it fails to deliver?

Work

Here's How Dinosaurs Still Exist Today - Discover Magazine (No
paywall) [[link removed]}&lead=419599&emailid=50165&nl=daily]  
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Did all dinosaurs become extinct, killed when an asteroid hit the
Earth 66 million years ago? Or could a few of them, somehow, have
survived that mass extinction event – with their descendants living
even today?














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Inflation Reduction Act at 2: The most important law most haven't
heard of
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Middletown, Ohio, is one of the many struggling communities around the
country that stand to benefit from the nation's biggest investment in
clean energy, the Inflation Reduction Act, or IRA, signed into law by
President Joe Biden two years ago this week.

Work

What can be done about this Supreme Court's very worst decisions?
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The Supreme Court’s recent opinion in Trump, which held that
presidents have sweeping immunity from criminal prosecution for any
official act — even something like ordering the Justice Department
to round up and arrest their political foes — is such an
unimaginable betrayal of the justices’ oath to “administer justice
without respect to persons” that it casts a shadow over every
decision these justices have ever handed down.














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Heman Bekele Is TIME's 2024 Kid of the Year: TIME's Kid of the Year
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Heman Bekele whipped up the most dangerous of what he called his
“potions” when he was just over 7 years old. He’d been
conducting his own science experiments for about three years by that
point, mixing up whatever he could get his hands on at home and
waiting to see if the resulting goo would turn into anything.

Work

Ex-Google CEO Eric Schmidt sees Nvidia as big AI winner: 'You know
what to do in the stock market'
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Schmidt, who started venture firm Innovation Endeavors in 2010, still
holds about 147 million shares of Alphabet, according to Bloomberg,
valued at about $24 billion. In addition to startup investing, he has
been a philanthropist and advised several government committees on
technology.














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Man Arrested After Escalating Threats Condemning Support for Israel
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“Such acts and threats of violence, whether they are targeting the
places that Americans frequent every day or our country’s critical
infrastructure, are extremely dangerous and will not be tolerated,”
Attorney General Merrick B. Garland said in a statement.

Work

Ukraine's Incursion Into Russia Reveals a Dramatic Shift
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Ukraine’s monthslong buildup to the counteroffensive played out in
the open. The Ukrainians had sought to retake territory but stumbled
when they failed to punch through dug-in Russian defenses, which
Moscow reinforced as Ukraine trained for the drive. Ukraine also split
its forces during that offensive, against American advice, rather than
focusing them as they have this month.














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NASA is worried the Boeing Starliner could 'spin out' and hit the
International Space Station
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The issues surrounding Starliner have been the latest in a long list
of bad press that American aerospace company Boeing has faced so far
this year. In January, one of the company’s 737 Max aircrafts blew
open mid-air when a door plug failed and questions have repeatedly
been raised about production and quality control at Boeing. This
reached a head last month when Boeing was convicted as a felon over
its handling of the 737 Max fiasco.

Work

From Lauri Moore to Vic Singh, venture capitalists continue to play
musical chairs
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Former Google CEO Eric Schmidt, who has since moved on to greener and
perhaps more dangerous pastures, told an audience of Stanford students
recently that “Google decided that work-life balance…













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3 takeaways from a strong earnings season, according to Goldman Sachs
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“Outside of the hyperscalers and AI infrastructure companies, other
firms highlighted efficiency and productivity gains from the use of AI
within their businesses,” the strategists noted.

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America's car recall system is badly broken -- and the industry knows
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Of course, the dealer association emphasizes that not all recalls are
created equally, and many of them are minor enough to still allow
customers to drive while waiting for repairs. The association has said
a blanket ban on selling used cars with open recalls would lead to
additional costs to the customer.

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'Nothing stopping' child abuse sharing on WhatsApp, group warns
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"Technology exists to detect and prevent the abhorrent abuse of
thousands of children and ensure victims are given privacy by stopping
the repeated sharing and viewing of images and videos of their abuse,"
the safeguarding minister said.

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Meta CEO Mark Zuckerberg receives letter from lawmakers concerned
about illicit drug ads on Facebook and Instagram
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"Drug dealers are criminals who work across platforms and communities,
which is why we work with law enforcement to help combat this
activity. Our systems are designed to proactively detect and enforce
against violating content, and we reject hundreds of thousands of ads
for violating our drug policies. We continue to invest resources and
further improve our enforcement on this kind of content. Our hearts go
out to those suffering from the tragic consequences of this epidemic
â it requires all of us to work together to stop it."

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For the Man Who Plays Lafayette, It's a Marquis Event
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For the past 25 years, Schneider has worked at Colonial Williamsburg
portraying the French aristocrat who arrived in America at age 19 and
became a hero of the American Revolution. But for “Marquis Mark,”
as friends jokingly call him, this has been an especially historic
summer.

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Opinion | Is It Morning in Kamala Harris's America?
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Yet voters didn’t seem to be feeling the good news, and until
recently Trump seemed to be running a successful campaign centered on
false claims that crime is “through the roof” and that we may be
in “the throes of a depression.” Oh, and that the price of bacon
has quadrupled.

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Opinion | Harris Gonna Code Switch
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Its normal for people, especially Black Americans, to dip into
colloquial speech depending on whom theyre talking to.

Work

Warren Buffett did something curious with his Apple stock holding
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"We own Coca-Cola, which is a wonderful business," Buffett said. "And
we own Apple, which is an even better business, and we will own,
unless something really extraordinary happens, we will own Apple and
American Express and Coca-Cola."

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Congress asks Mark Zuckerberg to explain why drug dealers are
advertising on Facebook and Instagram
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The letter requests details about Meta’s policies for enforcing
rules against drug-related ads, as well as information about how many
times the reported ads were viewed and interacted with. It gives Meta
a deadline of September 6 to reply. A spokesperson for Meta said the
company plans to respond to the letter and directed Engadget to a
prior statement, published by The Wall Street Journal, in which the
company said it rejects “hundreds of thousands of ads for violating
our drug policies.”

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Kim Dotcom, roguish face of 2010s online piracy, will finally be
extradited to the US
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Justice Minister Paul Goldsmith signed the extradition order on
Thursday and followed standard practice in giving Dotcom “a short
period of time to consider and take advice” on his decision.

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Google brings the AI feature that told Americans to eat rocks to six
more countries
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Update, August 15 2024, 12:50 PM ET: This story has been updated to
clarify that links within the text of AI Overviews are available for a
small percentage of users, not just those signed up for Search Labs.

Work

A fake political group that recruited a real candidate in Montana got
banned on Facebook
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Metas latest round of account takedowns includes a fake political
group that ran dozens of dummy accounts in an attempt to recruit
Americans to run for office.

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Contaminated blood scandal payouts to start by end of year, says UK
government
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“The government must work transparently and openly with the infected
blood community and explain its reasoning for the likely compensation
levels and the basis for these figures. Thousands of lives were
forever altered when people were given hepatitis C, and compensation
must reflect that reality.”

Work

Israel-Gaza war: Gaza death toll passing 40,000 is 'grim milestone',
says UN; UK foreign secretary 'to meet Netanyahu' ? as it happened
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The Houthis are also backed by Iran raising questions about whether
Tehran would support such a move. Another American official cited in
the CNN report was sceptical: "Houthis be a' Houthi-ing on their own."

Work

Biden and Harris celebrate landmark deal to lower medication prices
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Wes Moore, the governor of Maryland, introduced Biden and Harris,
referring to them as the 46th and 47th president of the United States,
which prompted chants of “48” – a promising sign for the
charismatic Democratic rising star.

Work

A comprehensive list of 2024 tech layoffs | TechCrunch
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Former Google CEO Eric Schmidt, who has since moved on to greener and
perhaps more dangerous pastures, told an audience of Stanford students
recently that “Google decided that work-life balance…

Work

Second wave of Startup Battlefield judges at Disrupt 2024 | TechCrunch
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Former Google CEO Eric Schmidt, who has since moved on to greener and
perhaps more dangerous pastures, told an audience of Stanford students
recently that “Google decided that work-life balance…

Work

Bridgit Mendler will join the Space Stage at Disrupt 2024 | TechCrunch
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Former Google CEO Eric Schmidt, who has since moved on to greener and
perhaps more dangerous pastures, told an audience of Stanford students
recently that “Google decided that work-life balance…

Work

CodeRabbit raises $16M to bring AI to code reviews | TechCrunch
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Former Google CEO Eric Schmidt, who has since moved on to greener and
perhaps more dangerous pastures, told an audience of Stanford students
recently that “Google decided that work-life balance…

Work

AI social media vetting startup Ferretly secures $2.5M, launches
election personnel screening tool | TechCrunch
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Former Google CEO Eric Schmidt, who has since moved on to greener and
perhaps more dangerous pastures, told an audience of Stanford students
recently that “Google decided that work-life balance…

Work

Clinical trials exclude disabled Americans because federal agencies
failed them, new report finds
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The report suggested that HHS and DOJ increase their oversight and
enforcement of Section 504 of the Rehabilitation Act of 1973 and
section 1557 of the Affordable Care Act at health care facilities to
ensure that programs and services are accessible. Those rules prohibit
entities, such as providers and health insurers that receive federal
funding, and federal agencies from discriminating against Americans
with disabilities.

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UnitedHealthcare's latest contract dispute, this time with Trinity
Health, leaves thousands out-of-network

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New Medicare drug prices, antimicrobial-resistant meningitis, unlucky
American women
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Mariska Vansteensel is a neuroscientist who has spent most of the last
decade experimenting with BCI at-home use. Her team followed one ALS
patient who used such a device for more than seven years. When the
study began, nobody with motor impairment had ever tried to use a BCI
implant at their home, she told STAT’s Timmy Broderick. The team
found that the person’s usage of the BCI increased as time passed
and paralysis increased.

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Three of the Strangest Paradoxes in Mathematics - Scientific American
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Sometimes your gut feelings lead you astray—particularly in
mathematics, in which one constantly comes across results that seem
impossible. For example, infinity does not always equal infinity, and
tortoises may outpace human athletes—at least from a certain
mathematical point of view.

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Harvard Names Conservative Legal Scholar as Permanent Provost
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Mr. Manning is considered a top contender to succeed Dr. Garber as
president. Dr. Garber is set to serve in the role through the 2026-27
academic year, and the search for his replacement will begin in 2026.

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After Shooting, Texas State Fair Bans Guns. Republicans Want Them
Back.
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Organizers of the state fair said that the decision was reached after
careful consideration, “reviewing the policies of similar Texas
events and consulting with all of our security partners.” In the
organization’s statement, Karissa Condoianis, a spokeswoman, said
that the fair continues to be “a strong supporter of the rights of
responsible gun-owning Texans.”

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Arizona Court Sides With G.O.P. Over Abortion Language in Voter
Pamphlets
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“This decision is beyond disgraceful,” Athena Salman, the director
of Arizona campaigns for Reproductive Freedom for All, said in a
statement. “Muddying the waters and relying on lies are the only
tools left for anti-abortion extremists, whose agenda is demonstrably
at odds with voters in our state.”

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At News Conference, Donald Trump Says He's 'Entitled to Personal
Attacks' Against Kamala Harris
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But during both his remarks and a question-and-answer session with
reporters, Mr. Trump bounced between his proposals to fight inflation,
his dry recitation of economic figures that he used to criticize Ms.
Harris and the Biden administration and a number of other wide-ranging
tangents, including complaints about Hillary Clinton, windmills, the
news media and President Biden’s decision to exit the race.

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Texas Parents Fed Smoothies to Sick Daughter Who Later Died, Police
Say
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“The Jourdanton ISD is currently dealing with the tragic loss of one
of our Jr. High students,” the district said in a statement. “In
our Junior High library, we made counselors available for anyone who
may need or want help or assistance.”

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A Disappearing President Steps Back Into the Limelight
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It all got me curious about what these past weeks have meant for Biden
— a man who is, of course, very much still president. My colleague
Peter Baker, our chief White House correspondent, has watched Biden
and Harris up close, and he spoke with me this afternoon from the
event in Maryland. Our conversation was edited for length and clarity.

Work

Boston Harbor Has a Rare New Resident: a Whale
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Andrew Mahr, a retail real estate consultant and developer, was out
fishing early Wednesday morning with his friend, Jake Gatof, who was
captaining their boat, when they recorded a video of the whale
breaching and then landing in the water with a magnificent splash.

Work

Harris's Debate Prep Is Underway at Howard University
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Ms. Harris and Mr. Trump agreed to participate in a presidential
debate, hosted by ABC, on Sept. 10. Their respective campaigns are
hashing out whether or not the two would appear onstage together again
and, if so, how many times. On Thursday, Ms. Harris’s campaign
proposed one more, in October, saying “the debate about debates is
over.”

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As Harris and Biden Take a Victory Lap on Drug Costs, She Sets the
Pace
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But Mr. Biden made it clear that part of his legacy included Ms.
Harris, whose campaign for the presidency will ride partly on policy
achievements she helped deliver during his presidency. Ms. Harris cast
the tiebreaking vote that allowed the Inflation Reduction Act to pass.

Work

Corey Lewandowski, Trump's Ex-Campaign Manager, Joins Team
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“As we head into the homestretch of this election, we are continuing
to add to our impressive campaign team,” Ms. Wiles and Mr. LaCivita
said, noting that all five additions were “veterans of prior Trump
campaigns and their unmatched experience will help President Trump
prosecute the case against Kamala Harris and Tim Walz.”

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