By EditorDavid from Slashdot's tomorrowland department
Silicon Valley angel investor Jason Calacanis just announced the "Openbook Challenge," a competition to create a replacement for Facebook.
"Over the next three months, 20 finalists will compete for seven $100,000 incubator grants," explains long-time Slashdot reader reifman. "Their goal is to find startups with a sustainable business model e.g. subscriptions, reasonable advertising, cryptocurrency. etc. And they want it to be 'good for society.'"
Jason Calacanis writes:
All community and social products on the internet have had their era, from AOL to MySpace, and typically they're not shut down by the government -- they're slowly replaced by better products. So, let's start the process of replacing Facebook... We already have two dozen quality teams cranking on projects and we hope to get to 100...
This is not an idea or business plan competition. We're looking for teams that can actually build a better social network, and we'll be judging teams primarily based upon their ability to execute... Keep in mind, that while ideas really matter, Zuckerberg has shown us, execution matters more.
Calacanis has even created a discussion group for the competition...on Facebook. And his announcement includes a famous quote from Mark Zuckerberg.
"Don't be too proud to copy."Read Replies (0)
By EditorDavid from Slashdot's publicly-owned-infrastructure department
Universal Basic Incomes aren't really the issue, argues Fast Company staff writer Ben Schiller. "It's how you find $2 trillion to pay for it."
One answer may come in the form of "universal basic assets" (UBA). UBA can mean a fund of publicly-owned infrastructure or revenue streams -- like Alaska's Permanent Fund which pays residents up to $2,000 a year from state oil taxes. Or, it can mean actual assets that drive down the cost of living, like tuition-free education and free public broadband. There are lots of proposals going around now that fall into these two camps...
Entrepreneur Peter Barnes has called for the creation of a Sky Trust that would both limit the amount of carbon dioxide in the atmosphere and provide revenue from carbon taxes. These "carbon dividends" solve two problems at once: income inequality and climate change. He would also tax corporations for using natural resources, on the thinking that the atmosphere, minerals and fresh water around us represent a "joint inheritance." He would also tax speculative financial transactions and use of the electromagnetic spectrum. The U.K. think-tank IPPR recently proposed a similar "sovereign wealth fund owned by and run in the interests of citizens." It would finance the fund with "a scrip tax of up to 3% requiring businesses to issue equity to the government, or pay a tax of equivalent value," sales of land owned by the U.K. monarchy, and higher inheritance taxes.
Blockchain can help. Blockchain technology could offer a way to divide publicly-owned infrastructure so it's genuinely publicly-owned. We could issue tokenized securities in the assets around us giving everyone a stake in their environment. Then they could trade those tokens on exchanges, like they were cryptocurrencies, or use the tokens as collateral on loans.Read Replies (0)
By EditorDavid from Slashdot's social-network-effect department
An anonymous reader quotes the New York Times:
Riots and lynchings around the world have been linked to misinformation and hate speech on Facebook, which pushes whatever content keeps users on the site longest -- a potentially damaging practice in countries with weak institutions and histories of social instability. Time and again, communal hatreds overrun the newsfeed unchecked as local media are displaced by Facebook and governments find themselves with little leverage over the company. Some users, energized by hate speech and misinformation, plot real-world attacks.
A reconstruction of Sri Lanka's descent into violence, based on interviews with officials, victims and ordinary users caught up in online anger, found that Facebook's newsfeed played a central role in nearly every step from rumor to killing. Facebook officials, they say, ignored repeated warnings of the potential for violence, resisting pressure to hire moderators or establish emergency points of contact... Sri Lankans say they see little evidence of change. And in other countries, as Facebook expands, analysts and activists worry they, too, may see violence.
A Facebook spokeswoman countered that "we remove such content as soon as we're made aware of it," and said they're now trying to expand those teams and investing in "technology and local language expertise to help us swiftly remove hate content." But one anti-hate group told the Times that Facebook's reporting tools are too slow and ineffective.
"Though they and government officials had repeatedly asked Facebook to establish direct lines, the company had insisted this tool would be sufficient, they said. But nearly every report got the same response: the content did not violate Facebook's standards."Read Replies (0)
By EditorDavid from Slashdot's smiles-on-the-boxes department
Many of Amazon's warehouse workers have to buy their groceries with food stamps through America's Supplemental Nutrition Assistance Program, reports the Intercept.
In Arizona, new data suggests that one in three of the company's own employees depend on SNAP to put food on the table. In Pennsylvania and Ohio, the figure appears to be around one in 10. Overall, of five states that responded to a public records request for a list of their top employers of SNAP recipients, Amazon cracked the top 20 in four.
Though the company now employs 200,000 people in the United States, many of its workers are not making enough money to put food on the table... "The average warehouse worker at Walmart makes just under $40,000 annually, while at Amazon would take home about $24,300 a year," CNN reported in 2013. "That's less than $1,000 above the official federal poverty line for a family of four."
In addition Amazon uses temp workers who may also be on food stamps, notes the article, adding that in 2017 Amazon received $1.2 billion in state and local subsidies, while effectively paying no federal income tax.
"The American people are financing Amazon's pursuit of an e-commerce monopoly every step of the way: first, with tax breaks, subsidies, and infrastructure improvements meant to lure fulfillment centers into town, and later with federal transfers to pay for warehouse workers' food."Read Replies (0)
By EditorDavid from Slashdot's paying-with-plastic department
There's a new trend starting: restaurants that won't accept cash. USA Today reports:
Restaurant owners say ordering is faster from customers who slap down plastic instead of dollars, cutting a few seconds out of the process. But most of the benefits appear to accrue to the restaurants: less time taken counting bills, reduced pilferage, no armored-car fees or fear of stickups. It's a risky strategy. For starters, upscale Millennials -- among the most coveted of diners because of their youth and affluence -- prefer to pay in cash, according to Bankrate.com data. Also, more than a third of Americans between the ages of 18 and 37 do not have a credit card. For customers, patronizing restaurants that don't take cash means one less payment option when they need a quick meal during an all-too-short lunch hour. Plus, it raises questions about whether it discriminates against cardless teens and the poor... A committee in Chicago is weighing Alderman Edward Burke's proposed requirement that merchants accept cash. Massachusetts has had a Discrimination Against Cash Buyers rule on the books since 1978... Lana Swartz, co-editor of the book Paid: Tales of Dongles, Checks, and Other Money Stuff, says "One of the cornerstones of American capitalism is everyone's money is equal."
Meanwhile, the Associated Press reports:
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By EditorDavid from Slashdot's does-Reddit-need-editing? department
An anonymous reader quotes former Reddit product head Dan McComas:
I think, ultimately, the problem that Reddit has is the same as Twitter and Discord. By focusing on growth and growth only and ignoring the problems, they amassed a large set of cultural norms on their platforms. Their cultural norms are different for every community, but they tend to stem from harassment or abuse or bad behavior, and they have worked themselves into a position where they're completely defensive... I really don't believe it's possible for either of them to catch up on the problem. I think the best that they can do is figure out how to hide this behavior from an average user.
I don't see any way that it's going to improve. I have no hope for either of those platforms. I just think that the problems are too ingrained, in not only the site and the site's communities and users but in the general understanding and expectations of the public... I don't think that they're going to be able to turn these things around...
I fundamentally believe that my time at Reddit made the world a worse place. And that sucks, and it sucks to have to say that about myself... I've got a lot of advice for start-ups, and it's not very fucking complicated. It's just: Think about the impact that you want to have on your users and on the people consuming your content and do the right thing... Don't be idiots about it. You're people, you see what's going on, you see trends that are forming, just fucking do something. It's not that hard.Read Replies (0)
By EditorDavid from Slashdot's you're-welcome department
Eventbrite lets you sell tickets online for your events. An anonymous reader reports on Eventbrite's newly-updated merchant agreement.
The merchant agreement specifies that you "grant permission to Eventbrite and its agents to enter onto and remain on the premises (including real property, fixtures, equipment, or other personal property) where your event is hosted...with personnel and equipment for the purpose of photographing and recording the Premises, both internally and externally in connection with the production of digital content on the date of your event(s) and any other dates reasonably requested by Eventbrite (for example, during setup and breakdown for the event) (the 'Shoot')."
But in addition, you're also granting them permission to record and use footage of all your attendees and speakers, "in any manner, in any medium or context now known or hereafter developed, without further authorization from, or compensation to." And after that Eventbrite "will own all rights of every nature whatsoever in and to all films and photographs taken and recordings made hereunder, including without limitation of all copyrights therein and renewals and extensions thereof, and the exclusive right to use and exploit the Recordings in any manner, in any medium or context now known or hereafter developed..." You're even responsible for obtaining all the clearances and licenses "necessary to secure Eventbrite the permissions and rights described above," and you also release Eventbrite from any claims that may arise regarding use of the Recordings, "including, without limitation, any claims of defamation, invasion of privacy, or infringement of rights of likeness, publicity or copyright."
"So, yeah. No," tweeted Ars Technica's national security editor. "Eventbrite is now off my list for recommended event organizing tools."Read Replies (0)
By EditorDavid from Slashdot's 24-years-later department
Long-time Slashdot reader williamyf writes:
You may think of it as the end of an era, or as the final nail in the coffin. Today Lycos, one of the pioneering web portals of the '90s, notified all it's users that "On May 15th, 2018, we will no longer be offering free Lycos Mail accounts." They have been very upfront about the reason:
"Q: Why are you doing this?
A: Providing mailboxes costs us money, and we no longer make enough from ads to support the cost of the mailboxes."
At it's heyday, Lycos was acquired by Terra Networks (a division of Telefonica), then sold to Daum Communications in Korea and then to Ybrant Digital in India. The search engine and other parts (like Angelfire, Tripod and Gamesville) continue working. In the meantime, instructions are provided to download all your mail via POP3 for offline archiving, or to upgrade to Paid Accounts.Read Replies (0)
By EditorDavid from Slashdot's cars-vs-carbon-dioxide department
Lyft announced it will spend millions of dollars to make all its rides carbon neutral. An anonymous reader quotes CNN Money:
The San Francisco-based ride-hailing company announced Thursday that it will pay for a range of environmentally beneficial projects to compensate for the emissions from the millions of car journeys it provides every week. The tactic, known as carbon offsets, is a way for Lyft to do something about climate change without changing its business model. Lyft will fund initiatives including forestry projects, renewable energy ventures and capturing emissions from landfills. The efforts will put Lyft among the 10 largest voluntary offset programs in the world, according to 3Degrees, the renewable energy company Lyft is partnering with to find suitable projects... Lyft will track how many miles its drivers cover -- and the make and model of their vehicles -- to calculate exactly how many emissions it must offset. The company will not limit itself just to the carbon footprint from when passengers are in Lyft vehicles, but will also include the mileage its drivers rack up on their way to pick people up.
Lyft co-founder John Zimmer believes that within their first year they'll offset over a million metric tons of carbon -- "equivalent to planting tens of millions of trees or taking hundreds of thousands of cars off the road."
Zimmer told CNN that "With great scale comes great responsibility."Read Replies (0)
By EditorDavid from Slashdot's power-plays department
An anonymous reader quotes Electrek:
Almost 1 million ratepayers of the Puerto Rican Electric Power Authority on the island of Puerto Rico were reportedly without power Wednesday during an island-wide blackout. But a few hundred locations with Tesla Energy storage systems were able to keep the lights on, according to CEO Elon Musk... Some of those locations include very critical services. For example, Tesla deployed a series of Powerpack systems on the Puerto Rican islands of Vieques and Culebra for a sanitary sewer treatment plant, the Arcadia water pumping station, the Ciudad Dorada elderly community, the Susan Centeno hospital, and the Boys and Girls Club of Vieques. Furthermore, the automaker's energy division also deployed a solar+battery system at a hospital in Puerto Rico...
It was also reported that the Puerto Rican government was considering Tesla's plan for a series of microgrids to help bring back power on a larger scale. The government has confirmed that they "presented several projects in remote areas that would allow entire communities to be more independent" and they also "presented a proposal to the Authority for Public-Private Partnerships for the deployment of a large-scale battery system designed to help stabilize the entire Puerto Rico electricity network."
The proposal, involving de-centralized local solar farms, "should prove more resilient to natural disaster," Electrek reported earlier, adding " and of course, it would be a lot cleaner than their currently mostly fossil fuel-based power generation." Already Tesla batteries are "live and delivering power" at 662 locations, Elon Musk tweeted Wednesday.
Meanwhile, CNN reports that one Puerto Rico resident spent three weeks building his own solar power system using $7,500 in parts -- which will ultimately prove cheaper than the $350 a month he was spending to run a gas generator (and waiting as long as six hours in the long gas lines).
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By EditorDavid from Slashdot's making-bank department
Wells Fargo got hit with a $1 billion fine Friday -- the largest ever issued by America's consumer protection agency. An anonymous reader quotes Reuters:
Taken together, the mortgage and auto programs ensnared more than 600,000 customers and will require nearly $300 million in refunds, the bank has said. The programs allowed Wells Fargo to earn fees from unneeded car insurance and penalties on mortgage paperwork that the bank had botched. For homebuyers, Wells Fargo promised to "rate lock" or freeze the interest rate for borrowers who got their mortgage paperwork finished within a few weeks. When that deadline slipped and it was the bank's fault, Wells Fargo could blame the customer. The penalty for late mortgage paperwork often topped $1000, according to a borrower lawsuit...
Drivers stung by insurance fees were wrongly pushed into policies that they did not need... Insurers working for Wells Fargo pushed policies onto more than 500,000 customers who already had coverage, the bank has said.
The penalty comes 18 months after Wells Fargo "admitted it opened sham accounts for customers -- a practice that likely ensnared millions...
Wells Fargo agreed to the new $1 billion fine "without admitting or denying wrongdoing."Read Replies (0)
By BeauHD from Slashdot's call-to-arms department
An anonymous reader quotes a report from Forbes: Nvidia may not be talking about its GeForce Partner Program, but AMD has gone from silent to proactive in less than 24 hours. Hours ago Scott Herkelman, Corporate VP and General Manager of AMD Radeon Gaming, addressed AMD resellers via Twitter, not only acknowledging the anti-competitive tactics Nvidia has leveraged against them, but inviting others to share their stories. The series of tweets coincides with an AMD sales event held in London this week. This was preceded by an impassioned blog post from Herkelman yesterday where he comes out swinging against Nvidia's GeForce Partner Program, and references other closed, proprietary technologies like G-Sync and GameWorks.
AMD's new mantra is "Freedom of Choice," a tagline clearly chosen to combat Nvidia's new program which is slowly taking gaming GPU brands from companies like MSI and Gigabyte, and locking them exclusively under the GeForce banner. The GeForce Partner Program also seems to threaten the business of board partners who are are not aligned with the program. Here's what Herkelman -- who was a former GeForce marketing executive at Nvidia -- had to say on Twitter: "I wanted to personally thank all of our resellers who are attending our AMD sales event in London this week, it was a pleasure catching up with you and thank you for your support. Many of you told me how our competition tries to use funding and allocation to restrict or block [...] your ability to market and sell Radeon based products in the manner you and your customers desire. I want to let you know that your voices have been heard and that I welcome any others who have encountered similar experiences to reach out to me..." The report adds that Kyle Bennett of HardOCP, the author who broke the original GPP story, "says that Nvidia is beginning a disinformation campaign against him, claiming that he was paid handsomely for publishing the story."Read Replies (0)