Hillicon Valley — TikTok, Snapchat seek to distance themselves from Facebook | TheHill


Senators grilled executives from TikTok, Snapchat and YouTube Tuesday as they continue to weigh proposals aimed at boosting kids’ online safety. Executives from the companies made one thing clear during the hearing — they don’t want to be tied to Facebook.

Source: Hillicon Valley — TikTok, Snapchat seek to distance themselves from Facebook | TheHill

Is remote work an ecological alternative? | Selen Uncular


The pandemic required many people around the world—except essential workers, such as in health, transport, care and nutrition—to work remotely and maintain social distance to prevent the spread of the coronavirus. As an atypical form of employment differing from the standard model based on the workplace, remote work existed before Covid-19. Yet it has been effected more than ever during the lockdowns and beyond, despite being associated with serious violations of rights.

The International Labour Organization defines the phenomenon as work performed fully or partly at a location apart from the default workplace, including one’s own residence, co-working spaces or other sites and houses. As an umbrella concept, it embraces telework, where workers use information and communications technology (ICT) to carry out work remotely. Telework and work at home constitute subcategories of remote work which can be designed, and combined, in several ways.

Source: Is remote work an ecological alternative? – Selen Uncular

Minimum wage—yet another gender divide? | Carlos Vacas-Soriano


Despite the progress in statutory minimum wages across many European Union member states over the last decade, there are important divides. In 2019, around 7 per cent of employees in the EU were statutory minimum-wage earners—earning no more than 10 per cent above or below the minimum wage rate in each member state. Across countries, this rate ranges from 10-15 per cent in some central- and eastern-European member states (Romania, Poland, Bulgaria and Lithuania) and Portugal to less than 4 per cent in Czechia, the Netherlands and Slovenia.

Against a background of generally notable minimum-wage hikes in many member states over the last decade—with statutory rates growing faster than average wages in most cases—a growing share of employees have fallen within the range of statutory minimum-wage levels. The 7 per cent proportion of minimum-wage earners in the EU is an increase from 5.5 per cent in 2010.

Source: Minimum wage—yet another gender divide? – Carlos Vacas-Soriano

What’s behind Shiba Inu coin’s stunning rise—up 777% in 30 days | Fortune


What has a bigger market cap than General MillsHP, or Nokia?

Would you believe it’s dog-theme cryptocurrency Shiba Inu? It’s true. After a crazy run, Shiba Inu now has a market cap of $38.5 billion. As Chris Morris wrote for Fortune: “The crypto that was long dismissed as a joke is up 777% in the past 30 days and hit an all-time high Wednesday amid talk that Robinhood might be considering listing it. That has boosted its market cap to a level that puts it alongside some of the biggest companies in the world—and in many cases, surpassing them.”

Source: What’s behind Shiba Inu coin’s stunning rise—up 777% in 30 days | Fortune

Don’t Turn the Chinese Missile Test Into a ‘Sputnik Moment’


The recent report in the Financial Times that China tested a nuclear-capable hypersonic weapon has pundits, members of Congress, and even Chairman of the Joint Chiefs of Staff Gen. Mark Milley worried about a “Sputnik moment.” Given the failure of the United States’ own test of a hypersonic missile last week, it seems to many that a hypersonic missile gap has opened, harming U.S. security.

But even if China’s test means it has perfected a new way to deliver a nuclear warhead—a big if—it’s no cause for alarm. A new nuclear delivery system will not meaningfully shift the balance of military power with the United States, nor would it enable a Chinese attack on U.S. partners and allies in East Asia. China already had an assured ability to conduct a nuclear strike on the United States. This test just makes it harder to pretend otherwise.

Source: Don’t Turn the Chinese Missile Test Into a ‘Sputnik Moment’

GlobalFoundries Sets IPO Share Price at $47 | GovCon Wire


GlobalFoundries will sell 55 million ordinary shares at a price of $47 apiece through an initial public offering.

The New York-based semiconductor company said Wednesday it will list the shares on the Nasdaq Global Select Market under the ticker symbol “GFS” and expects the IPO to kick off Thursday, Oct. 28, and run through Monday, Nov. 1.

GlobalFoundries is selling 30,250,000 shares through the IPO. Mubadala Investment Company PJSC, the Abu Dhabi government’s investment unit, is offering 24,750,000 shares.

Source: GlobalFoundries Sets IPO Share Price at $47 – GovCon Wire

Myanmar military uses systematic torture across country


The soldiers in rural Myanmar twisted the young man’s skin with pliers and kicked him in the chest until he couldn’t breathe. Then they taunted him about his family until his heart ached, too: “Your mom,” they jeered, “cannot save you anymore.”

The young man and his friend, randomly arrested as they rode their bikes home, were subjected to hours of agony inside a town hall transformed by the military into a torture center. As the interrogators’ blows rained down, their relentless questions tumbled through his mind.

“There was no break – it was constant,” he says. “I was thinking only of my mom.”

Source: Myanmar military uses systematic torture across country

Biden to head to Capitol to push agenda, unite Democrats


President Joe Biden headed to Capitol Hill early Thursday to make the case to House Democrats for a dramatically scaled-back domestic policy package, $1.75 trillion of social services and climate change programs the White House believes can pass the 50-50 Senate.

Biden is eager to have a deal in hand before he departs later in the day for global summits, but the revised new package is losing some of Democrats’ top priorities as the president’s campaign ambitions make way for the political realities of the narrowly divided Congress.

Source: Biden to head to Capitol to push agenda, unite Democrats

Must we accept the loss of beloved heritage to the climate crisis? | Aeon Essays


As an Amsterdam-born art historian, for the past three decades I’ve enjoyed guiding students and other visitors along the concentric canals that cup the city’s 17th-century historic center (now a UNESCO World Heritage site). With its tall gabled houses, arched bridges and stately municipal buildings, old Amsterdam has survived in a remarkably pristine fashion the wars and urban development that affected many other European cities. But for the past year or two, I have noticed that my students’ appreciation of the city’s visible antiquity has acquired a new dimension. This monument to human ingenuity, which rests on thousands of wooden poles hammered into the marshy soil, now seems to have a longer past than it does a future.

Source: Must we accept the loss of beloved heritage to the climate crisis? | Aeon Essays

Pelosi aims to light fire under budget package negotiators | Roll Call


House Democratic leaders sought to increase pressure for a deal on their mammoth spending and tax package that would allow a vote this week on a bipartisan infrastructure bill that faces a Halloween deadline.

Speaker Nancy Pelosi, D-Calif., said the House Rules Committee would hold a “hearing” Thursday on the still-unfinished Democratic budget reconciliation package to expand the social safety net and combat climate change. Progressives have said they would not vote for the infrastructure bill, offering $550 billion in new public works money, without a vote on the broader social spending bill.

Source: Pelosi aims to light fire under budget package negotiators – Roll Call