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- The top 25 stories curated by editors and fellow readers!
Editor's Pick
Mental Models: The Best Way to Make Intelligent Decisions (~100 Models
Explained)
[[link removed]}&lead=419599&emailid=60035&nl=daily
models help us understand the world. For example, velocity is a mental
model that helps you understand that both speed and direction matter.
Reciprocity is a mental model that helps you understand how going
positive and going first gets the world to do most of the work for
you. Margin of Safety is a mental model that helps you understand that
things don’t always go as planned. Relativity is a mental model that
shows us we have blind spots and how a different perspective can
reveal new information. The list goes on.
Think of each model as a lens through which you can see the world.
Each lens offers a different perspective, revealing new information.
Looking through one lens lets you see one thing, and looking through
another reveals something different. Looking through them both reveals
more than each one individually.
Continued here [[link removed]}&lead=419599&emailid=60035&nl=daily]
"TradeBriefs inspires me to think beyond the headlines and see the
bigger picture. It's a constant reminder of the power of informed
action."
- Dr. Carlos Mendes, Global Policy Analyst
Work
Apple needs time to be on its side for AI iPhones - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=60035&nl=daily]
That is the reality for a company with a $3 trillion-plus market cap
that depends on a singular product line for more than half of its
business. Apple has made some worthy efforts over the past several
years to whittle away that dependence—services, Apple Watch and
AirPods have all helped. But a segment that sells more than 200
million phones in an off year at average prices now nearing $1,000
each casts a very large shadow. The iPhone business on its own would
rank as the 15th-largest company on the S&P 500 based on revenue for
the 12-month period ended June—larger than Chevron, Ford or General
Motors, according to data from S&P Global Market Intelligence.
Work
Robby Starbuck: the activist pushing US companies to ditch their DEI
vows - FT (No paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
Filmmaker and influencer is having success fighting what he sees as
leftwing ideology in boardrooms
Work
Job Cuts Are Everywhere, Except in These Very Specific Industries -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
Welcome to this week's Founder Focus! I'm Melissa Angell, Inc.'s
policy correspondent, and each week I'll be dissecting some of the top
policy issues small businesses face. You can sign up to get this in
your inbox every week here.
Work
4 Pillars of Innovation Every Organization Needs - Harvard Business
Review (No paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
Innovation doesn’t just come from serendipity. Leaders who nurture
great ideas rely on concrete mechanisms to ensure that they see the
right ideas, give them breathing room to development, and connect dots
throughout their organizations. In any company, the challenge with
innovation is seldom the volume of ideas. The challenge lies with
having ideas that are related to emerging trends, involve more than
the company can do on its own, require nurturing, and are
cross-functional in nature. Through interviews with 50 leaders across
industries, the author observed patterns of successful innovation
repeat across highly distinct settings. Those patterns are what he
calls the four pillars of innovation. If you’re struggling to
nurture the right ideas, creating these four pillars for innovation
can improve the odds that you’ll have high-quality ideas in your
pipeline.
Work
Tim Walz-JD Vance Polls: Walz More Popular Than Vance, New Poll Finds
- Forbes (No paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
Ohio Sen. JD Vance and Minnesota Gov. Tim Walz have each been thrust
into the spotlight as the running mate picks of former President
Donald Trump and Vice President Kamala Harris, and a new poll released
Thursday shows likely voters hold Walz in higher regard than Vance as
voters become familiar with both candidates.
Work
U.K. charities give $36 million to start new drugs for childhood
tumors
Work
Why are Remainers so weak in post-Brexit Britain? - The Economist (No
paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
It first became obvious that Sir Keir Starmer wanted to be prime
minister on September 25th 2018. The Labour Party was holding its
annual conference in Liverpool. Theresa May’s government was slowly
disintegrating over Brexit. Under Jeremy Corbyn, Sir Keir’s
predecessor as party leader, Labour was keeping its position on
holding a second referendum purposely opaque. From the stage Sir Keir
shattered that ambiguity, departing from his approved script with the
words: “And nobody is ruling out Remain as an option!” Pro-EU
delegates gave him a long, defiant ovation. A year and a half later,
they would elect him as their leader on a promise to “defend free
movement”. Unreconciled Remainers did not stop Brexit; they did
shape the Labour Party.
Work
How Drake Lost the Plot - The New Yorker (No paywall)
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Has there ever been as clear a loser as Drake? When his long-standing
cold war with Kendrick Lamar turned into a full-on feud, this past
spring, the stakes seemed relatively low. Both artists appeared immune
from actual consequence, a pair of megastars playing chicken with
Monopoly money. Lamar, a Pulitzer Prize recipient and the winner of
seventeen Grammys, is rap’s de-facto laureate, a linguistic prodigy
with a love of free jazz and theatrical concept albums. Drake, on the
other hand, is an unflagging hitmaker with as many No. 1 singles as
Michael Jackson, a genre-fluid Lothario whose forays into nineties
R. & B., Caribbean dancehall, and U.K. grime have come to define the
contemporary pop-music canon. Despite representing different factions
within hip-hop, the pair have spent a decade indirectly jockeying for
position as their generation’s greatest rapper. But in March, a few
months after J. Cole claimed, on Drake’s song “First Person
Shooter,” that he, Drake, and Lamar were the “big three,” Lamar
voiced his resentment on a guest verse for Future and Metro Boomin,
asserting that “it’s just big me.” So began the months-long
Drake-Lamar dispute (Cole quickly bowed out), which culminated in
“Not Like Us,” Lamar’s knockout blow. The song, with sing-along
refrains about Drake being a pedophile, and its supplementary
materials—a didactic music video and a live-streamed
concert—solidified Lamar as the victor. For a diss track, it has
achieved a level of unthinkable popularity: last month, California
used it as one of its state songs during the Democratic National
Convention roll call.
Work
Why Nvidia triggered a stock market freakout
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Independent journalism is more important than ever. Vox is here to
explain this unprecedented election cycle and help you understand the
larger stakes. We will break down where the candidates stand on major
issues, from economic policy to immigration, foreign policy, criminal
justice, and abortion. We’ll answer your biggest questions, and
we’ll explain what matters — and why. This timely and essential
task, however, is expensive to produce.
Work
The 100 Most Influential People in AI 2024
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Reporters: Vera Bergengruen, Harry Booth*, Charlie Campbell, Andrew R.
Chow, Katharine Gammon, Chad de Guzman, Caroline Haskins, Garrison
Lovely, Billy Perrigo, Tharin Pillay*, Astha Rajvanshi, Yasmeen
Serhan, and Stephen Thomas
Work
How NBA star Damian Lillard turned a common foot injury into a sneaker
business
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While playing college basketball at Weber State University, Damian
Lillard suffered a broken bone in his right foot as a junior that kept
him out of all but nine games of the 2010-2011 season.
Work
Waymo's Robot Taxis Are Almost Mainstream. Can They Now Turn a Profit?
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Once a novelty service that opened last year for limited downtown
trips, Waymo rides are now open to the general public, ubiquitous on
the city’s hilly roads. The company, which is owned by Google’s
parent, Alphabet, has also expanded onto California freeways and into
Los Angeles.
Work
The First Nuclear Clock Will Test if Fundamental Constants Change |
Quanta Magazine
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At 11:30 one night in May 2024, a graduate student, Chuankun Zhang,
saw a signal that physicists have sought for 50 years. As a peak rose
from the static on his monitor at the research institute JILA in
Boulder, Colorado, Zhang dropped a screenshot in a group chat with his
three lab mates. One by one they hopped out of bed and trickled in.
After several sanity checks to make sure that what they were looking
at was real — a signal from a thorium-229 nucleus switching between
two states, known as the “nuclear clock” transition — the young
researchers took a selfie to commemorate the moment. Time stamp: 3:42
a.m.
Work
Strength training activates cellular waste disposal, interdisciplinary
research reveals
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This article has been reviewed according to Science X's editorial
process and policies. Editors have highlighted the following
attributes while ensuring the content's credibility:
Work
California companies wrote their own gig worker law. Now no one is
enforcing it
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Nearly four years after California voters approved better wages and
health benefits for ride-hailing drivers and delivery workers, no one
is actually ensuring they are provided, according to state agencies,
interviews with workers and a review of wage claims filed with the
state.
Work
Startup says Nvidia and Microsoft 'formed an illegal cartel' in patent
infringement lawsuit
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“Xockets is taking a stand on behalf of all innovators” Robert
Cote, a Xockets board member and IP investor, said in a statement.
“Xockets is seeking strict enforcement of its IP rights by seeking
injunctive relief to put an end to the RPX cartel that Big Tech uses
to devalue the IP of other innovators, and to halt the willful patent
infringement,” he added.
Work
Start-Up Investors Push Back Against Venture Capital's
Bigger-Is-Better Mantra
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But that changed in recent years as investors poured billions of
dollars into unproven start-ups with little diligence and investment
firms expanded rapidly into new strategies and geographies. Last year,
venture capital managed $1.1 trillion, up from $297 billion in 2013,
according to PitchBook, which tracks start-ups.
Work
Salesforce to acquire startup Own for $1.9 billion in cash
[[link removed]}&lead=419599&emailid=60035&nl=daily]
"We're going to be looking at products organically, but, yes, we will
continue to look at products inorganically," Benioff told analysts on
Salesforce's May earnings call. "But as we've committed to you, if
we're looking at a large-scale acquisition, we're going to make sure
that it is not dilutive to our customers, that it's accretive, that it
has the right metrics."
Work
Wife of ex rugby star Scott Hastings missing after Firth of Forth swim
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In the UK and Ireland, Samaritans can be contacted on freephone 116
123, or email
[email protected] or
[email protected]. In the US, you
can call or text the National Suicide Prevention Lifeline on 988, chat
on 988lifeline.org, or text HOME to 741741 to connect with a crisis
counselor. In Australia, the crisis support service Lifeline is 13 11
14. Other international helplines can be found at befrienders.org
Work
Russian TV presenter charged with violating US sanctions and money
laundering
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“These defendants allegedly violated sanctions that were put in
place in response to Russia’s illegal aggression in Ukraine,” the
US attorney Matthew Graves said in a statement. “Such violations
harm our national security interests – a fact that Dimitri Simes,
with the deep experience he gained in national affairs after fleeing
the Soviet Union and becoming a US citizen, should have uniquely
appreciated.”
Work
Kamala Harris will win election, predicts leading historian Allan
Lichtman
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Lichtman claims even that blemish is unjustified, arguing that
thousands of disallowed ballots had been cast by voters who had tried
in good faith to back Gore, the then vice-president and Democratic
candidate, but had inadvertently spoilt their ballot papers.
Work
Osom is shutting down on Friday, as it had 'no customers for a mobile
phone' | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Salesforce acquires data management firm Own for $1.9B in cash |
TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Driverless car-sharing startup Vay steers toward B2B services |
TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Drip Capital, a fintech that provides working capital to SMBs, picks
up $113M | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
“Given that we have achieved profitability, we raised only the
amount of equity required for our next phase of growth while watching
dilution,” he said. He declined to disclose the valuation but
confirmed it was not a down round.
Work
Endolith is using 'Olympic-caliber' copper microbes to address the
copper shortage | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
A comprehensive list of 2024 tech layoffs | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Mintlify is building a next-gen platform for writing software docs |
TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
German LLM maker Aleph Alpha pivots to AI support | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Rivian's chief software designer is coming to Disrupt 2024 |
TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Zamp targets growing demand for sales tax solutions | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Zamp is not alone in the market for sales tax compliance solutions for
startups, particularly SaaS businesses. Its primary competitor is
Anrok, backed by Khosla Ventures and Sequoia. Anrok, founded four
years ago, may be slightly older and larger — having recently raised
a $30 million Series B — but Zamp’s rapid growth indicates there
is room for multiple players in this space.
Work
French clean tech startup Calyxia nets $35M to tackle microplastics
pollution | TechCrunch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
For financial institutions, complying with regulations is becoming a
costlier proposition. According to a recent poll, 76% of financial
services firms increased their compliance expenditure from 2022 to
2023, with…
Work
Trump Media's 69% Plunge Wipes Out Billions Before Lockups End
[[link removed]}&lead=419599&emailid=60035&nl=daily]
It is illegal for US sportsbooks to set odds on American elections.
But offshore gambling sites can take those bets, so there’s active
wagering globally on the outcome of the vote. Bettors give Trump a 48%
chance of winning, up from 43% on Aug. 12 but well below the peak at
69% on July 15 shortly after the assassination attempt, according to
PredictIt data. But they give Democrat Harris a 53% chance of winning,
up from 13% on July 15, PredictIt data show.
Work
US probes top airlines' frequent flyer programs for unfair practices
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Trade group Airlines for America, however, said U.S. airlines are
transparent about frequent flyer programs "and policymakers should
ensure that consumers can continue to be offered these important
benefits."
Work
The US economy may be on 'thinner' ice than investors think
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Ultimately, his view is one of caution: "With what we saw for the last
two years with this market backdrop, from these valuation levels, and
based on where I think we are in the business cycle, I think we're
going to be in choppy waters for a little bit."
Work
The American late bloomer who took down the World No. 1 at the US Open
- WSJ (No paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
The U.S. Open crowd inside Arthur Ashe Stadium was at her back. The
tension crept into her shoulders. With the world No. 1 across the
court, she could only muster a second serve at 65 miles per hour.
Work
The Atlantic has been suspiciously quiet this hurricane season - New
Scientist (No paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
For the past 27 years, without fail, the Labor Day holiday weekend in
the US has featured a storm in the Atlantic – but not in 2024. In
early September, the Atlantic basin remained suspiciously quiet,
continuing a run of calm weather that has lingered since Hurricane
Ernesto whipped through the Caribbean in mid-August.
Work
Kids Should Be Taught to Think Logically - Scientific American (No
paywall) [[link removed]}&lead=419599&emailid=60035&nl=daily]
In World War II’s most desperate months, the mathematician Alan
Turing assembled a team of codebreakers to decrypt intercepted Nazi
messages. He tested applicants with chess puzzles, hired a classicist
and steered away from applied mathematicians, instead looking for
staff good at solving logical puzzles. His team played a vital,
long-secret role in Allied success in the war.
Work
U.N.C. Reports Declines in Black and Hispanic Enrollment
[[link removed]}&lead=419599&emailid=60035&nl=daily]
The Supreme Court’s decision to curb considerably the use of race in
admissions last summer shook higher education, forcing admissions
offices from coast to coast to rethink their procedures. But the cases
before the justices focused on only two schools, one private and one
public, both with extraordinary pedigrees: Harvard, the country’s
oldest university, and North Carolina, which, in 1798, became the
first public university in the United States to confer degrees.
Work
U.S. Charges American Commentator Who Works for Russian State TV
[[link removed]}&lead=419599&emailid=60035&nl=daily]
The Biden administration has been making a broad push against what it
says is a concerted effort by Russia to influence the fall vote.
American intelligence officials have said Russia’s president, Mr.
Putin, considers November’s election critical because of Democratic
support for Ukraine, which Russian troops invaded more than two years
ago.
Work
U.K. Prosecutors Drop Indecent Assault Case Against Harvey Weinstein
[[link removed]}&lead=419599&emailid=60035&nl=daily]
In April, New York’s highest court overturned Mr. Weinstein’s 2020
felony sex crimes conviction, ruling that the original judge had
deprived him of a fair trial. The court said that the original judge
should not have let prosecutors call witnesses who said that Mr.
Weinstein had assaulted them when their accusations did not form part
of the case.
Work
Nicaragua Releases 135 Political Prisoners on Humanitarian Grounds
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The Mountain Gateway pastors were arrested in December after
completing an eight-city evangelical crusade that cost $4 million and
was attended by nearly a million people. The pastors were sentenced to
12 or 15 years in prison, and fined a total of nearly $1 billion.
Work
An American Church Thrived in Nicaragua. Then Its Pastors Went to
Prison.
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Nicaragua’s president, Daniel Ortega, and his wife, Rosario Murillo,
who is the vice president, have waged a sweeping campaign against
nonprofits and religious groups. More than 1,600 organizations, many
of them evangelical churches, have been closed in the past month
alone.
Work
Blinken Visits a Haiti Wracked by Corruption and Gangs
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Those failures, as well as a legacy of colonialism, help explain why
the United States has played a supporting role behind Kenya’s
deployment of police officers, now numbering about 380 in the country.
That is well behind a stated goal of 2,500 personnel, to which at
least six other nations have said they would contribute.
Work
Trump says Elon Musk has agreed to lead a commission to slash
government spending
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Musk in 2017 resigned from his spot on Trump’s White House advisory
councils after the then-president withdrew from the Paris climate
agreement, calling the move “not good for America or the world.”
In an interview with Trump earlier this month, Musk said climate
change wasn’t an issue that needed immediate attention and walked
back his earlier, harsher comments on the oil and gas industry.
Work
JetBlue says it actually got a boost from the CrowdStrike meltdown
[[link removed]}&lead=419599&emailid=60035&nl=daily]
When the likes of American Airlines, Spirit Airlines, and especially
Delta Air Lines were struggling with extensive delays and
cancellations — the latter says it lost $500 million behind the mess
— JetBlue’s systems weren’t affected. That means it was able to
take on bookings for stranded flyers who didn’t want to deal with
waiting for other carriers to carry them to their destinations.
Work
America's biggest economic challenge in 2025, according to Chicago Fed
President Austan Goolsbee
[[link removed]}&lead=419599&emailid=60035&nl=daily]
“With an appropriate dialing back of policy restraint, there is good
reason to think that the economy will get back to 2% inflation while
maintaining a strong labor market,” he said. “The current level of
our policy rate gives us ample room to respond to any risks we may
face, including the risk of unwelcome further weakening in labor
market conditions.”
Work
Verizon will buy rival Frontier Communications for $20 billion to grow
its fiber network
[[link removed]}&lead=419599&emailid=60035&nl=daily]
“I am confident that this delivers a significant and certain cash
premium to Frontier’s shareholders, while creating exciting new
opportunities for our employees and expanding access to reliable
connectivity for more Americans,” Frontier CEO Nick Jeffery said in
statement.
Work
Trump says Musk could head 'government efficiency' force
[[link removed]}&lead=419599&emailid=60035&nl=daily]
Trump said he prefers to use sanctions for short periods and “as
little as possible”, so that countries are not encouraged to seek
out international alternatives to the US financial system and the
dollar.
Work
Why this US jobs report matters - and what to watch
[[link removed]}&lead=419599&emailid=60035&nl=daily]
If the figures fuel worries about the economy, however, a bigger cut
might be in order - though a cut driven by a stuttering economy and
Americans losing jobs would hardly prove a benefit to Democrats.
TradeBriefs Publications are read by over 100,000 Industry Executives
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