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How COVID-19 is accelerating the shift away from fossil fuels

Creative destruction “is the essential fact about capitalism,” wrote the great Austrian economist Joseph Schumpeter in 1942. New technologies and processes continuously revolutionize the economic structure from within, “incessantly destroying the old one, incessantly creating a new one.” Change happens more quickly and creatively during times of economic disruption. Innovations meeting material and cultural needs

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Hyderabad, with 500K+ CCTV cameras, has become India's most surveilled city and a test bed for AI-based visual surveillance tech for the rest of the country (Varsha Bansal/Coda Story)

{$inline_image} Varsha Bansal / Coda Story: Hyderabad, with 500K+ CCTV cameras, has become India’s most surveilled city and a test bed for AI-based visual surveillance tech for the rest of the country  —  Hyderabad’s IT industry brought jobs and growth to the city.  Critics now say the same technology is being used to watch the

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Chinese food delivery giant Meituan had sales of $3.6B, net profit of $317M in the June quarter; Meituan stock is up 2x+ in 2020, taking its market cap to $186B (Bloomberg)

Bloomberg: Chinese food delivery giant Meituan had sales of $3.6B, net profit of $317M in the June quarter; Meituan stock is up 2x+ in 2020, taking its market cap to $186B  —  – Food delivery, groceries were bright spots in the June quarter  — Meituan shares jumped 4.5% before earnings were released Chinese food delivery

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Uber and Lyft's potential franchise model is reminiscent of FedEx's similar move, when FedEx shifted from employing independent contractors to fleet operators (Sarah Kessler/OneZero )

Sarah Kessler / OneZero : Uber and Lyft’s potential franchise model is reminiscent of FedEx’s similar move, when FedEx shifted from employing independent contractors to fleet operators  —  A new ‘franchise’ model could help the companies without necessarily improving working conditions Uber and Lyft's potential franchise model is reminiscent of FedEx's similar move, when FedEx shifted

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IBM's team of hackers uncovered a way, in Sep 2019, to bypass security checks to access secured data in millions of IoT devices; vulnerability was fixed in Feb. (Adam Laurie/Security Intelligence)

Adam Laurie / Security Intelligence: IBM’s team of hackers uncovered a way, in Sep 2019, to bypass security checks to access secured data in millions of IoT devices; vulnerability was fixed in Feb.  —  By Adam Laurie co-authored by Grzegorz Wypych  —  Society relies so heavily on technology that the number … IBM's team of

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FBI and CISA warn of an ongoing voice phishing campaign targeting remote workers in the US aimed at stealing login credentials for corporate networks/VPNs (Brian Krebs/Krebs on Security)

Brian Krebs / Krebs on Security: FBI and CISA warn of an ongoing voice phishing campaign targeting remote workers in the US aimed at stealing login credentials for corporate networks/VPNs  —  The Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) on Thursday issued a joint alert … FBI and CISA

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Experian South Africa CEO claims someone posing as a client tricked the company into giving up personal information of an estimated 24M SA citizens in May (MyBroadband)

MyBroadband: Experian South Africa CEO claims someone posing as a client tricked the company into giving up personal information of an estimated 24M SA citizens in May  —  Experian South Africa CEO Ferdie Pieterse downplayed the seriousness of a data breach at his company which exposed the personal details of 23.4 million South Africans. Experian

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Helsinki-based Quuppa, whose Intelligent Locating System helps businesses accurately and reliably locate Bluetooth-enabled devices in real time, raises €20M (Charlotte Tucker/EU-Startups)

Charlotte Tucker / EU-Startups: Helsinki-based Quuppa, whose Intelligent Locating System helps businesses accurately and reliably locate Bluetooth-enabled devices in real time, raises €20M  —  Quuppa, a real-time location tracking startup, today announced its first ever round of funding, worth €20 million. Helsinki-based Quuppa, whose Intelligent Locating System helps businesses accurately and reliably locate Bluetooth-enabled devices

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Stop Partying in Your Airbnb

We’re many months into a global pandemic (have you heard?) with no end in sight, and while it shouldn’t need to be said, please: stop throwing in-person parties. And definitely don’t throw a party at your rented Airbnb—if you do, you could be banned from booking with the service in the future. Read more… Stop

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