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Former Google exec Anthony Levandowski sentenced to 18 months for stealing self-driving car secrets
(08/04/2020)
- Former Google engineer Anthony Levandowski was sentenced to 18 months in prison for using Google’s trade secrets at his self-driving truck startup Otto and Uber (acquired Otto in 2016).
- Levandowski was a superstar at Google, jumpstarting its self-driving technology division that eventually became Waymo.
- He stole documents from his time at Google, allowing Uber to gain access to sensitive and confidential data.
- Levandowski also has to pay Google $757K in restitution and $179 million (separate lawsuit) for poaching Waymo engineers.
Tanzania’s President Says Country Is Virus Free. Others Warn of Disaster
(08/04/2020)
- Tanzania hasn’t submitted a coronavirus report to the World Health Organization since April 29th.
- Tanzania’s increasingly autocratic president promotes an herbal tea as a coronavirus remedy while dismissing mask wearing and social distancing.
- The head of Tanzania’s national laboratory was dismissed after the president claimed reliable test kits were inaccurate.
- In addition, videos of night burials have surfaced, causing accusations of a government cover up.
- Officials in Tanzania are continuing to enforce measures and collaborate with others to reduce the spread of the virus.
WHO Warns Africa Against Easing of Coronavirus Restrictions
(08/03/2020)
- The World Health Organization is concerned that Africa opening early will result in an increase of cases.
- Over 20 African countries have more new cases than in previous weeks with South Africa containing most of them.
- However, Uganda, Seychelles, and Mauritius are controlling the virus well.
- Spikes in some countries are caused by younger people believing the virus is only dangerous to older people, so the WHO is warning them that this is untrue.
- There are 890,000 reported cases and 18,000 deaths in Africa.
NYC Hedge Funds Angle for Work-From-Home Windfall on Their Taxes
(07/13/2020)
- Hedge funds that shutdown there NYC offices (coronavirus) are angling to lower their tax liability.
- NYC charges businesses (that aren’t corporations) an annual 4% unincorporated business tax (UBT) for operations taking place within the city.
- Since many hedge fund employees have fled the city, firms may not be liable to pay the tax.
- However, NYC tax authorities could counter that employees are still (remotely) utilizing technology located in NYC offices.
- NYC UBT revenue is forecast to decline 17% to $1.7 billion this year.
Children May Carry Coronavirus at High Levels, Study Finds
(07/30/2020)
- A recent Children’s Hospital of Chicago study found that infected children have at least as much coronavirus in their noses and throats as infected adults.
- Children younger than 5 may host up to 100x as much coronavirus in their upper respiratory systems as adults.
- However, the study examined genetic pieces of coronavirus (not the live virus) and children with mild symptoms (cough, fever).
- While it remains uncertain if children can pass on the virus, these new findings complicate re-opening schools.
Amazon invested in startups then launched competitors
(07/23/2020)
- A recent Wall Street Journal investigation discovered that Amazon has allegedly been meeting with and investing in startups to gain proprietary information then creating similar products.
- Dozens of startups claim they were crushed after sharing product details that were copied to make Amazon-brand products.
- For example, Amazon released the Alexa-enabled large screen device Echo Show eight months after investing and gaining information from home communication device maker Nucleus.
- Amazon denies allegations, claiming they’re being made by “self-interested parties who complain rather than build”.
Yelp report: 60% of restaurant closures permanent, more will close
(07/22/2020)
- According to restaurant-review site Yelp, 60% of US restaurant closures since March 1st (COVID shut-downs) have become permanent (16,000 closures).
- The highest share of restaurant closures were in California (14.4%), Texas (8.5%) and NY (8.4%).
- “States like Hawaii, Nevada, and California, which usually benefit from year-round tourism, have seen the highest closure rates proportional to their total number of businesses”.
- As lockdowns extend, more and more temporary closures are becoming permanent.
- “The virus isn’t going anywhere soon, so businesses will need to be resilient”.
How Trump Could Lose the Election—And Still Remain President | Opinion
(07/03/2020)
- Biden wins key swing states (eg Arizona, Wisconsin, Michigan, Pennsylvania) by small margins.
- Trump immediately declares rigged election, blaming mail-in voting fraud or China hacking.
- Trump invokes emergency powers by declaring a national security issue.
- Justice Department launches investigation that runs until December 14th, the deadline for appointing state-level Electoral College voters.
- All four swing states (under Republican control) refuse Electoral voting until investigation concludes.
- Voting goes to the House of Representatives where Republicans, who control majority of the House Delegations, elect Trump.
What Happens to Your Body on No Sleep?
(04/02/2019)
- Scientists have found that the effects of acute sleep deprivation, or all-nighters, kicks in after being awake for 16-18 hours straight.
- The first sign is a sluggish mind, with reaction times lagging to the equivalent of being legally drunk by the 24th hour awake.
- After 24 hours, your brain starts forcing you into 10-20 second periods of “micro-sleep”.
- After 35 hours, the brain’s emotion-emitting amygdala becomes 60% more reactive and the ability to regulate emotions declines.
- Hallucinations are common after 48 hours awake.
