Start up: China’s coming smartphone crash, Boston Globe v readers, Google Glass is back!, and more

A bucket with ice water: much cheaper, though it doesn’t have Bluetooth. Photo by mediadeo on Flickr.

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A selection of 9 links for you. They are what they are. I’m charlesarthur on Twitter. Observations and links welcome.

Dark patterns by the Boston Globe » The Rationalist Conspiracy

Alyssa Vance:

»After years of falling revenue, some newspapers have resorted to deception to boost their subscription numbers. These dishonest tactics are sometimes called “dark patterns” – user interfaces designed to trick people.

For example, this is a Boston Globe story on Bernie Sanders:

Before you can read the article, there is a pop-up ad asking you to subscribe. By itself, this is annoying, but not deceptive. The real dark pattern is hidden at the top – the ‘Close’ button (circled in red) uses a very low contrast font, making it hard to see. It’s also in the left corner, not the standard right corner. This makes it likely that users won’t see it, causing them to subscribe when they didn’t have to.

One the ‘Close’ link is clicked, deception continues:

At the bottom, there’s a non-removable, high-contrast banner ad asking for a paid subscription. Again, this is annoying, but honest. However, the circled text “for only 99 cents per week” is not honest. It’s simply a lie, as later pages will show.

«

Turns out that 99c is actually $6.93 per week, and you can only unsubscribe by phone. So wicked.
link to this extract

 


The blockchain menu » net.wars

Wendy Grossman:

»The Internet of Things is such an established concept that I’m startled to note that week’s (Lego) prototype was my first. Three cars want to park…somewhere. Their owners have preset the maximum they will pay. The system locates the nearest parking space, and they bid. The winner is directed to the space, and the fee is automatically deducted from the car’s balance. A display showed the auction in real time. All very nice until I injected reality by grabbing a car and plunking it in the space before bidding ended.

“Usurped” the contested space was now tagged. “You’ll be fined,” Consult Hyperion’s demonstrator said. Who will that stop in Manhattan, where friends have missed two successive movie showings because no parking space? This may be an entertaining solution wishing for a problem.

In that, it was not alone at this week’s Tomorrow’s Transactions Forum, Dave Birch’s quirky annual event where ideas about the future of money are smashed together like particles to see what happens.

«

I love the idea of app developers thinking people would be well-behaved and wait for their app to tell them where to park, while Noo Yawkers just PARK THE DAMN CAR THERE IN THE STOOPID SPACE.

But the article is actually about blockchains, which in a similar way are mostly a solution in search of a problem.
link to this extract

 


China’s crowded smartphone market heads for an epic shakeout » Bloomberg

David Ramli:

»The startup Dakele looked pretty smart when it released a phone in China four years ago. The market was doubling annually, and the company put brand-name components inside a device that cost a fraction of the iPhone.

That $160 gadget went on sale just four months after Dakele opened its doors, and soon the company, which translates as “Big Cola,” made inroads against Huawei Technologies Co. and Xiaomi Corp. Buzz was building for the Dakele 3 model last year, with online reviews calling it the best Apple Inc. clone.

Then the sizzle started to fizzle. Huawei spent $300 million on marketing, Xiaomi cut prices and clones of the clone appeared. Troubles with a supplier and raising money prompted Dakele to shut down last month—and it likely won’t be alone. China’s herd of 300 phone makers may be halved in 12 months by competition, a sales plateau and economic growth that’s the slowest in a quarter-century, according to executives and analysts.

“The mobile-phone industry changed more quickly and brutally than expected,” Dakele Chief Executive Officer Ding Xiuhong said on his Weibo messaging account. “As a startup, we couldn’t find more strategies and methods to break through.”

«

I can’t decide whether the smartphone market is telescoping a decade of the PC market into two years, or just going through the same as happened in 1985-9 in about the same length of time.
link to this extract

 


Kickstarter’s biggest shitshow somehow got even messier » Motherboard

Jaason Koebler:

»A decidedly not chill development for 36,000 Kickstarter backers of the “Coolest Cooler”: Coolest is now considering asking people who haven’t yet received their coolers to pay an additional $97 for “expedited delivery” of the long-past-due all-in-one disaster, a prospect that has allegedly led some backers to threaten Coolest employees.

If you’re not familiar, at the time it launched, the Coolest Cooler was the most popular Kickstarter of all time, raising $13 million. The 55-quart cooler has a built-in blender, a waterproof Bluetooth speaker, a USB charger, and a bottle opener. You can buy one on Amazon, right now, and have it by the weekend if you pay $399.99.

That $399.99 price point is important—when Coolest Cooler was launched on Kickstarter, it cost between $165 and $225, a price its creator Ryan Grepper said in an update to backers was far too low…

…Coolest Cooler doesn’t have money to produce the remaining coolers, which is why it’s selling existing stock on Amazon but not sending them to backers who haven’t yet received the product (the company has delivered about 20,000 coolers to backers, but 36,000 more people are waiting). Reviews of the cooler are mixed — most say that it is indeed cool, but that it is very heavy and isn’t worth $400.

«

I’m trying to imagine a cooler that would be worth $400, even with those add-ons. The article’s comparison with the Welsh drone screwup Zano isn’t right, though; Zano had absurdly inflated claims. This is just poor pricing.
link to this extract

 


CDC: two of every five U.S. households have only wireless phones » Pew Research Center

»More Americans than ever have cut the (telephone) cord, but the growth rate of wireless-only households slowed last year.

About two-in-five (41%) of U.S. households had only wireless phones in the second half of 2013, according to a report released today by the National Center for Health Statistics. The center, the statistical arm of the Centers for Disease Control and Prevention, estimated that 39.1% of adults and 47.1% of children lived in wireless-only households.

«

When I noted yesterday that “call mom” had overtaken “call home” as a Google search (hence almost certainly a voice activation), I thought it was because “mom” was likely to be at home. But as was pointed out, there might not be a “home” to call.

(Next up: can we calculate the divorce rate based on the rise of “call mom” v “call dad”?)
link to this extract

 


Google Glass startup Augmedix raises $17m from healthcare orgs » Re/code

Mark Bergen:

»The next time you spot a Google Glass in the wild, it might not be on the face of a fervid techie. It might be on your doctor.

Augmedix, one of several startups that formed around the computerized headgear — and kept spinning after the search giant ditched its first attempt — is raising a fresh round of capital to get Google Glass into more health care facilities. The four-year-old startup is part of a wave of Silicon Valley companies trying to tap the massive medical market. It primarily builds software for wearable devices that display electronic health records so that doctors can access them hands-free.

“They’re engaging with patients in front of them,” said CEO Ian Shakil. “In the background, we’re doing all the burdensome work.”

He’s not raising cash from Sand Hill Road. Instead, the $17m strategic investment comes from a quintet of medical institutions.

«

I always thought that Glass’s best use would be inside businesses, not among consumers.
link to this extract

 


Apple’s Watch outpaced the iPhone in first year » WSJ

Daisuke Wakabayashi:

»Apple doesn’t disclose sales, but analysts estimate about 12m Watches were sold in year one. At an estimated average price of $500, that is a $6bn business—three times the annual revenue of activity tracker Fitbit Inc.

By comparison, Apple sold roughly 6m iPhones in its first year. As a new entrant, the Watch accounted for about 61% of global smartwatch sales last year, according to researcher IDC.

And yet, there are detractors such as Fred Wilson, co-founder of venture-capital firm Union Square Ventures, in December declared the Watch a “flop.” Mr. Wilson, who owns shares of Fitbit through a fund, had earlier predicted the Watch wouldn’t be a “home run” like the iPad, iPhone and iPod, saying many people wouldn’t want to wear a computer on their wrist.

The Watch has shortcomings. It is slow, with an underpowered processor that is throttled at times to extend the device’s battery life. It lacks mobile and Global Positioning System connections, meaning it must be accompanied by an iPhone, limiting its usefulness as an independent device. The battery needs to be charged every day.

Perhaps the biggest challenge is the Watch’s lack of a defining purpose. It does certain things well, such as activity tracking, mobile payments and notifications. But there is no task the Apple Watch handles that can’t be done by an iPhone or a less-expensive activity tracker.

«

The comparison with the first-year iPhone is meaningless – the Watch was released in more places, with more fanfare. Fred Wilson’s criticism, well, would the better metric be what proportion of devices are still in use? How would the Watch do against the Fitbit?

As to “defining purpose” – its purpose so far is to be an adjunct. It does that pretty well; satisfaction is high, according to survey firm Wristly.
link to this extract

 


Exclusive: Bangladesh Bank hackers compromised SWIFT software, warning to be issued » Reuters

Jim Finkle:

»The attackers who stole $81m from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, said security researchers at British defense contractor BAE Systems.

SWIFT, a cooperative owned by 3,000 financial institutions, confirmed to Reuters that it was aware of malware targeting its client software. Its spokeswoman Natasha Deteran said SWIFT would release on Monday a software update to thwart the malware, along with a special warning for financial institutions to scrutinize their security procedures.

The new developments now coming to light in the unprecedented cyber-heist suggest that an essential lynchpin of the global financial system could be more vulnerable than previously understood to hacking attacks, due to the vulnerabilities that enabled attackers to modify SWIFT’s client software.

«

Got in via a poorly secured $10 router, got away with $81m, hacked the software the world’s banks rely on. This could be worse, right?
link to this extract

 


The secret rules of the internet » The Verge

Catherine Buni and Soraya Chemaly, with a (quite astoundingly) long piece about the history of content moderation on social networks – if by “history” you mean “starting in 2004”:

»When Dave Willner arrived at Facebook in 2008, the team there was working on its own “one-pager” of cursory, gut-check guidelines. “Child abuse, animal abuse, Hitler,” Willner recalls. “We were told to take down anything that makes you feel bad, that makes you feel bad in your stomach.” Willner had just moved to Silicon Valley to join his girlfriend, then Charlotte Carnevale, now Charlotte Willner, who had become head of Facebook’s International Support Team. Over the next six years, as Facebook grew from less than 100 million users to well over a billion, the two worked side by side, developing and implementing the company’s first formal moderation guidelines.

“We were called The Ninjas,” he said, “mapping the rabbit hole.” Like Mora-Blanco, Willner described how he, Charlotte, and their colleagues sometimes laughed about their work, so that they wouldn’t cry. “To outsiders, that sounds demented,” he said.

Just like at YouTube, the subjectivity of Facebook’s moderation policy was glaring. “Yes, deleting Hitler feels awesome,” Willner recalls thinking. “But, why do we delete Hitler? If Facebook is here to make the world more open,” he asked himself, “why would you delete anything?” The job, he says, was “to figure out Facebook’s central why.”

For people like Dave and Charlotte Willner, the questions are as complex now as they were a decade ago. How do we understand the context of a picture? How do we assign language meaning? Breaking the code for context — nailing down the ineffable question of why one piece of content is acceptable but a slight variation breaks policy — remains the holy grail of moderation.

«

One could pick out any part of this piece. It’s interesting all through. The trouble is it’s so long (around 2,500 words) that you may struggle to find its thread, because there isn’t an actual, progressing, story.
link to this extract

 


Errata, corrigenda and ai no corrida: none notified.

Start up: hackers for hire, Chrome grows, Tinder’s CEO chats, and more


Google Timeline: law-enforcement-friendly, at least in theory. Picture by portalgda on Flickr.

Mumble mumble receive each day’s Start Up post by email. Rhubarb rhubarb confirmation link, mutter no spam.

A selection of 9 links for you. Free as in cabbage. I’m charlesarthur on Twitter. Observations and links welcome.

Hired-gun hacking played key role in JPMorgan, Fidelity breaches » Reuters

Jim Finkle and Joseph Menn:

The trio, who are accused of orchestrating massive computer breaches at JPMorgan Chase & Co and other financial firms, as well as a series of other major offences, did little if any hacking themselves, the federal indictments and a previous civil case brought by the U.S. Securities and Exchange Commission indicate.

Rather, they constructed a criminal conglomerate with activities ranging from pump-and-dump stock fraud to Internet casino break-ins and unlicensed Bitcoin trading. And just like many legitimate corporations, they outsourced much of their technology needs.

“They clearly had to recruit co-conspirators and have that type of hacker-for-hire,” said Austin Berglas, former assistant special agent in charge of the FBI’s New York cyber division, who worked the JPMorgan case before he left the agency in May. “This is the first case where it’s that clear of a connection.” Berglas, who now heads cyber investigations for private firm K2 Intelligence, said additional major cases of freelance hacking will come to light, especially as more people become familiar with online tools such as Tor that seek to conceal a user’s identity and location.

link to this extract


Living in different worlds » Benedict Evans

A few years ago, one of the big UK retailers told me an anecdote from some market research they’d done into cameras. Their customers had said they wanted a solution for storing all the camera cards they had. This puzzled the researchers, so they dug a little further, and found out that a lot of their customers had dozens and dozens of memory cards.…

[they] just took the memory card out of the camera at the end of a trip, and when they wanted to show people the photos they’d taken they retrieved the card and put it back into the camera. 

I recognise this behaviour because it’s what my father-in-law does – and when he wants to print something from his computer, he takes a photo of the screen, takes out the camera’s memory card, slots it into the printer and prints out the photo (he also made quite a lot of money day-trading Imagination Tech – over the phone). 

As we go from 1.5bn PCs, of which only half are consumer, to 3bn iOS and Android devices today and 4-5bn in the future, this will become ever more important.

link to this extract


Chrome’s number of monthly active users on mobile devices has doubled over the past year

Bertel King:

During the keynote address yesterday for this year’s Chrome Dev Summit, VP of Chrome Darin Fisher shared some numbers about the mobile web browser’s rate of adoption. tl;dr, people are flocking to Chrome, and fast. Over the past year, the number of 30 day active users has doubled from 400 million to 800 million.

Chrome’s adoption has been boosted by an increasing number of devices now shipping the browser by default. Chrome for Android users visit 100+ sites a month on average, showing a decent level of engagement.

The power of defaults. Once it was Internet Explorer; now it’s Chrome. That final sentence is maddening, though. Where’s the evidence that that’s a decent level of anything? What does it compare to? Three different sites per day is “decent engagement”? Seriously? There’s a new generation of people writing content who seem incapable of doing simple maths and following its thread. (1.4bn Google Android monthly active users, 800m Chrome monthly active users. Think about that too.)
link to this extract


Exclusive: Samsung Pay to launch in China, Spain, and the UK in Q1 2016 » SamMobile

As per the information that we’ve received, Samsung is planning to launch Samsung Pay in China, Spain, and the UK in the first quarter of 2016. Currently, only five Samsung devices – the Galaxy S6, the Galaxy S6 edge, the Galaxy S6 edge+, the Galaxy Note 5, and the Gear S2 – support Samsung Pay, though the Gear S2 only supports NFC payments.

Samsung uses MST technology, which mimics card swipes at regular checkout equipments to make payments, in Samsung Pay-enabled smartphones.

Card swipes are useless in the UK and Spain, as everything is chip-and-PIN. But Samsung Pay does support those too. Wonder if that will help sales of the high-end phones at all.
link to this extract


How law enforcement can use Google Timeline to track your every move » The Intercept

Jana Winter:

The recent expansion of Google’s Timeline feature can provide investigators unprecedented access to users’ location history data, allowing them in many cases to track a person’s every move over the course of years, according to a report recently circulated to law enforcement.

“The personal privacy implications are pretty clear but so are the law enforcement applications,” according to the document, titled “Google Timelines: Location Investigations Involving Android Devices,” which outlines the kind of information investigators can now obtain.

The Timeline allows users to look back at their daily movements on a map; that same information is also potentially of interest to law enforcement. “It is now possible to submit a legal demand to Google for location history greater than six months old,” the report says. “This could revitalize cold cases and potentially help solve active investigations.”

Familiar? Exactly the same realisation for iOS in 2011, which was then quickly encrypted. Android was already doing that too.

Four years later, nothing’s really changed.
link to this extract


Tinder? I’m an addict, says hook-up app’s co-creator and CEO Sean Rad » London Evening Standard

Charlotte Edwardes swipes quite a weird interview, including this:

He’s obsessed with journalists — “too many are not seeking truth but fame” — and baffled by critics because “you can’t deny Tinder is what the world wants”. His own “truth” is that Tinder is “wonderful” — “we’ve solved the biggest problem in humanity: that you’re put on this planet to meet people.” 

In September Vanity Fair accused Tinder of heralding the “dawn of the dating apocalypse” in an article that interviewed twentysomethings in New York who used it solely for casual sex. 

Rad is “defensive” and still “upset” about the article, muttering  mysteriously that he has done his own “background research” on the writer Nancy Jo Sales, “and there’s some stuff about her as an individual that will make you think differently.” He won’t elaborate on the matter.

His argument for why the piece was “wrong” veers from “our research shows 80 per cent of users are looking for a long-term meaningful relationship” to “we believe in democracy. If society just wants to ‘hook up’, who am I to judge?” 

link to this extract


WhatsApp reneges on their promise of true message encryption » Medium

Dawud Gordon:

In interviews with journalists WhatsApp stated that they would use Public Key Encryption, where only the sender and recipient can unencrypted content. Indeed they did, but they used the same key for every user. This makes the Brno hack possible, meaning anyone on the same network as your phone could gain access to the content of your messages. Also, it means that WhatsApp themselves still have access to all message content. Moreover, their parent corporation Facebook has access as well and the ability to target you with advertising based on the content of your WhatsApp messaging. While this is surprising given WhatsApp’s previous PR, it does explain the mysterious $19bn price tag that Facebook was willing to put on WhatsApp.

link to this extract


India to overtake US next month with 402 million internet users » Tech In Asia

Malavika Velayanikal:

The number of internet users in India will reach 402 million next month, nearly 50% more than what it was last year, according to a study by the Internet and Mobile Association of India (IAMAI) and IMRB International. With the latest surge, India will overtake the US to have the second-largest internet user base in the world, next only to China. This will be music to the ears of mobile and internet-based businesses targeting the fast-growing digital market in India.

It took a decade for India to move from 10 million internet users to 100 million, but only four years to quadruple that figure. The primary driver of this takeoff is the boom in affordable smartphones over the past couple of years. But two-thirds of India’s population remain outside the internet, and broadband availability is poor.

link to this extract


Google Glass successor dumps some glass » The Information

Jessica Lessin:

So much for the screen. We’ve learned that Google’s revamped Google Glass project, dubbed Project Aura, is working on a wearable with a screen—and at least one without.

People tell us there have been three versions of the head-mounted device in development, although the three may be consolidated into two. One version, targeted at enterprises, has a screen. The others, one of which is targeted at “sport” users, doesn’t and relies on audio. They use bone conduction, like the original Google Glass. In other words, headphones worn on your face.

Or even like headphones worn on your head?
link to this extract


Errata, corrigenda and ai no corrida:

Start up: Samsung’s leukaemia compensation, Glass’s failure dissected, Pinterest v single ladies, unwritten Bitcoin tales, and more


Encryption (look closely). Photo by iceplee on Flickr.

A selection of 9 links for you. Do not apply to sensitive areas. I’m charlesarthur on Twitter. Observations and links welcome.

Hutchison may bid $13.6bn for UK’s O2, Sunday Times says » Bloomberg

Hutchison Whampoa Ltd. (13), the conglomerate controlled by Hong Kong billionaire Li Ka-shing, is in early talks to bid for UK mobile operator O2, the Sunday Times reported, citing sources it didn’t name.

Hutchison, which owns the Three mobile network in the UK, may pay O2’s owner Telefonica SA (TEF) as much as £9bn ($13.6bn) for the carrier, the newspaper said.

Telefonica has hired investment bank UBS AG to explore options for O2, according to the Times. The company, which is looking for ways to exit the UK to help pay off debts, may also consider selling shares of O2 to the public. Hutchison has hired Moelis & Co (MC) to look for possible deals in the UK, the newspaper said.

Telefonica has around €41.2bn of debt as of September and all its numbers (revenue, operating profit, EPS) are going negative. This would go some way to sorting some of that out.


Amid Bitcoin’s Bloodbath, Silence From Silicon Valley Press » RealClearMarkets

Andy Kessler:

So Tim Draper [who bought the bitcoins seized by the FBI in an auction in July and December 2014] invests some $18m in about 32,000 Bitcoin and today (wait for it…) they’re worth a whopping $6.7m, losing 63% in six months. Don’t get me wrong. I like Tim Draper. He’s a bit quirky and has an awful taste in ties. [Alternative successful auction bidder Barry] Silbert’s stake is now worth $10m – down 43% in a rotation of the moon. My point is less about the epic FAIL of their at the time hyped Bitcoin investing prowess. Jeez, we all make mistakes. No, my beef is more about the coverage.

Sure, Draper lost $11 something million in six months. Fool…money…etc. But my problem is that you wouldn’t know any of this from reading the Silicon Valley press, websites or blogs. Nothing. Pando Daily has run 14 stories on Bitcoin in the last month. But type “Tim Draper” into the search box in Pando. Nothing about the price drop. Try it at Techcrunch. Bupkis about the shellacking. My friend Kara Swisher at Re/Code? Zippo. Well, a pointer to an article in the New Statesman. Any mention of Draper or Second Market in that article? Nope. The new Valleywag? Surely old “Fake Steve Jobs” Dan Lyons is all over this? Oops. Not a peep. Venture Beat? Nah.

Um, good point.


Google Glass for work: still going strong » Business Insider

Julie Bort:

Google is instead shifting its attention to focus on the one area where Glass has done reasonably well: businesses. The Glass for Work program has about a dozen partners involved, all of whom are still writing apps for the device, our source says.

A business that wants ” a 100 [pairs of Glass] tomorrow, they can get it. They want 1,000 tomorrow, they can get it,” this source told us, and Google confirmed.

“We’ll continue to invest in our Glass at Work offering for enterprise developers and companies,” a spokesperson told us.

We’re not going to pretend that Glass for Work is a major focus or priority at Google. Other sources at the company have indicated to us that it isn’t, at least not yet.

But within the Glass for Work community, the death of the so-called Explorers program (in which Google sold the device to individuals for $1,500 a pop) is being met with a shrug.

Makes sense. Glass has also looked much more sensible as a product for specialist product niches than for consumers.


Pinterest congratulates single women on marriage » NYMag

A whole bunch of women are tweeting about an email they received from the manic pixie dream start-up that congratulated them on their impending nuptials. Super thoughtful— except most of them don’t even have significant others.

Some of the users think it’s because they’ve been pinning wedding-related objects like invitations and dresses to their boards…

Algorithms considered harmful.


“Open data could improve rail travel for disabled passengers” say industry and passenger groups » Open Data Institute

Developers are already creating applications that turn data about train times, accessibility and facilities at stations into information that’s easy to access for those with disabilities. There are many existing applications that are useful for people with disabilities to help plan their journeys, including Twitter, Station Master (comprehensive 3D maps that show steps, lift access and ticket points of London Underground stations), Rail Point (live travel updates) and Realtime Trains (help users track their trains and find their platforms in advance).

So what is stopping more products and services from being developed to benefit commuters with disabilities?


For Google Glass to succeed, Tony Fadell needs to rip out the camera » Co.Design

Mark Wilson:

people don’t always just get used to it, and I learned that from my own case study with a wearable camera. After my son was born, I attempted to wear a Narrative camera most of the time. The Narrative is a diminutive, auto-shooting camera, the size of a small lapel pin, optimized to capture candid moments in your life. But family member after family member would spot it, ask what it was, and slowly tense in my presence, even when I’d promise these photos were private and wouldn’t be shared on Facebook. The next time they’d visit, their eyes would lower to my chest pockets again.

Nobody likes worrying they’re being recorded, and a subtle, spy-worthy piece of hardware does nothing to alleviate that concern. It made me realize that smartphone cameras didn’t offend anyone, because they live in a pocket, and it’s always obvious when someone’s taking a photograph with one. Along the same lines, I believe an embedded photographer photographing us with a large SLR would have offended my guests less than my tiny lapel camera. A few weeks into the experiment, I removed the Narrative to never wear it again, even though it captured some great shots.


Andrew Bower: The encryption ban makes us look like the Thick Party » Conservative Home

Opening paragraphs:

This week the Prime Minister introduced a policy of banning strong encryption in the UK in order to deny terrorists ‘safe spaces’ in which to operate. Sounds robust, doesn’t it? In practice such a policy is impossible to implement and so would never yield any security benefit. It would, however, leave all of us vulnerable to trivial cyber-attacks and David Cameron’s vision of a Digital Britain in tatters…

…By mobilising against encryption the government is contradicting the advice of its Information Commissioner on data protection for organisations and its own advice to the general public about being safe online.

About the author: “Andrew Bower works in the ‘Silicon Fen’, graduated in Computer Science from Cambridge University and has served as an Conservative Association officer.”

For non-UK readers, this means a member of prime minister David Cameron’s own party, the Conservatives, is telling him on a prominent site for his own party that his idea is complete and utter tosh.

Well, let’s hope one of his advisers reads it, at least.


Samsung to compensate all leukaemia-stricken workers » Korea Times

Kim Yoo-chul:

Samsung Electronics will compensate all former workers who contracted leukaemia and other diseases after working at its display and semiconductor facilities, the company said on Friday.
 
“Samsung Electronics will compensate all former workers who have developed leukaemia or incurable diseases, the families of the deceased and also current employees battling illness at our display and semiconductor plants,” said Samsung Electronics’ chief negotiator Baek Soo-hyun.

He made the remarks at a new round of compensation talks in downtown Seoul to resolve leukaemia-related issues with representatives of affected families.

“Samsung Electronics decided to widen the company’s scope of those who will be compensated,” Baek said during the talks. “In accordance with that principle, we will include all workers who’ve been suffering from acute lymphoid leukaemia-related diseases.”

This has been a long-running dispute in which relatives have sought compensation. This resolution is good.


iPad observations heading into Apple earnings » Above Avalon

Neil Cybart:

Where do iPad sales go from here? Exhibit 4 highlights three possibilities: 1) increase and start to  track iPhone adoption, 2) remain relatively steady to slightly down until a more sustainable sales level has been reached, 3) decline due to other reasons. My 2015 iPad estimates run with a scenario that falls somewhere between options 2 and 3.

Cybart, a former Wall Street analyst (though not of Apple), reckons Apple will sell 59m-60m iPads this financial year (from Oct 2014-Sep 2015), with shipment growth only showing in the April-June quarter. Why? It’s complicated.