Lyft 4 Sale? & Google Maps Makeover

‘Lyft hires investment bank Qatalyst Partners’

by Sangameswaran S (Reuters)

Ride-sharing service Lyft has hired investment bank Qatalyst Partners, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Qatalyst Chairman Frank Quattrone has contacted companies including large automakers about acquiring a stake in Lyft, the Journal said, citing the people.

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‘Google’s Satellite Map Gets a 700-Trillion-Pixel Makeover’

by Robinson Meyer (The Atlantic)

More than 1 billion people use Google Maps every month, making it possibly the most popular atlas ever created. On Monday, it gets a makeover, and its many users will see something different when they examine the planet’s forests, fields, seas, and cities.

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'GOT' Politics & A tragic split

‘GOT’ Politics & A Tragic Split

‘A Tragic Split’

by The Economist

How quickly the unthinkable became the irreversible. A year ago few people imagined that the legions of Britons who love to whinge about the European Union — silly regulations, bloated budgets and pompous bureaucrats — would actually vote to leave the club of countries that buy nearly half of Britain’s exports. Yet, by the early hours of June 24th, it was clear that voters had ignored the warnings of economists, allies and their own government and, after more than four decades in the EU, were about to step boldly into the unknown.

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by Emily Nussbaum (The New Yorker)

This season on “Game of Thrones,” Tyrion Lannister — a salty dwarf with a Wildean wit — cuts a deal with some powerful slave owners on behalf of his boss, the flame-resistant abolitionist desert queen Daenerys. If they agree to stop funding regime change, they will get seven years to phase out slavery. Tyrion’s aides, former slaves, object. “Slavery is a horror that should be ended at once,” Tyrion shoots back. “War is a horror that should be ended at once. I can’t do both today.”

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Roach Coaches — The Billion $ Industry

‘LED Lighting Up’

by Nanalyze

Hopefully, at this point in time, most Americans are familiar with the term “LED Lighting”, and hopefully, at this point in time, most Americans have been fortunate enough to experience the great power of this technology firsthand, whether it be via flashlights, car headlights, television sets, smart-phones, computer screens, etc. As the 21st century presses onward, LED Technology (Light Emitting Diode) is predicted to establish even more of an influential foothold in American life, and go on to eventually replace most, if not all, of the Incandescent Lighting systems that are still in use today. Incandescent Lighting Systems utilize the standard wire-filament glass bulbs that are most closely associated with Thomas Edison’s inventions. Most wise investors suspect that the advances being made in the field of LED lighting technology will significantly disrupt the current lighting industry, and in turn allow LED stock-market value to increase exponentially within the upcoming years. As LED manufacturing costs decrease, and technology improves, it is probable that the companies producing LED’s will sustain their burgeoning financial success well into the 21st century. Keen investors have taken notice of the surging LED trend, and they expect to see profitable returns as the lighting industry is forced to adapt to newer, and more efficient LED technology. The uses for LED lighting are increasing at quite a fair rate.

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‘How One Korean Taco Truck Launched an $800 Million Industry’’

by David Brindley (National Geographic)

Once frowned upon as “Roach Coaches”, and considered by many to be shamefully undesirable, “Food Trucks” are now being lauded as a culinary sensation, and they are expected to become a billion dollar industry by the year 2020. These special trucks roam from New York City, to Austin, to San Francisco, and they serve all different types of flavorful cuisine. In 2015 alone, Food Trucks generated a revenue of well over 800 million dollars; not bad for an industry that requires an average of 75K to break into. The popularity of Food Trucks is increasing by the minute, and their sudden rise to the top of the food chain has been in large part due to the connectivity of social media. 

The most successful of modern Food Truck owners, regardless of what food they’re selling, be it gourmet Lobster Rolls, or Vietnamese Sandwiches, frequently update their location via Twitter, Facebook, or specialized Smart-Phone Apps, in turn allowing their hungry customers to track their favorite truck’s location from wherever they happen to be, on whatever electronic device they happen to be using.
In the United States alone there are over 5,500 Food Trucks spanning across 236 cities that utilize Twitter to allow their customers to stay informed on their ever-changing location. In Los Angeles, one of the most popular areas for Food Trucks, there are over 250 of these “Social Media Equipped Meals On Wheels.” (AKA Food Trucks using Twitter). There are also several Smart-Phone Apps which allow users to track hundreds of Food Trucks in real time across the entire country (i.e “Roaming Hunger” and “Food Truck Fiesta”).

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Hump Day: Americans Love Opioids

‘Americans are increasingly addicted to opioids. People in poor countries die in agony without them’’

by The Economist

Opioid painkillers stimulate receptors in the brain and elsewhere to produce a powerful pain-numbing effect. They also lessen anxiety and depression — two common side-effects of intense pain.

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‘Man from the South’

by Roald Dahl (published in 1948)

It was getting on toward six o’clock so I thought I’d buy myself a beer and go out and sit in a deck chair by the swimming pool and have a little evening sun.

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Tech Tuesday: Snapchat’s New Feature

‘You can buy ‘X-Men’ tickets through Snapchat’’

by Kurt Wagner (recode)

You can now buy movie tickets inside of Snapchat. Kinda.
On Monday, 20th Century Fox began a Snapchat ad campaign for its latest “X-Men” movie that included the option for fans to buy tickets to the movie inside the app.

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‘Netflix’s big exclusivity deal for Disney’s latest movies starts in September’

by Chris Welch (The Verge)

The blockbuster deal that Netflix and Disney reached all the way back in 2012 will soon take effect. Beginning in September, Netflix will be allowed to stream all Disney films — including Marvel, Pixar, and Lucasfilm titles — in the same window that they’d typically be made available to HBO, Starz, and other paid TV networks.

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Motivation Monday: An Openly Gay Man Runs The U.S. Army

‘An Openly Gay Man Runs the Army’’

by NY Times

Last week an openly gay man, Eric Fanning, became secretary of the Army. Read that sentence again and contemplate what it reveals about how much and how quickly American society has changed. Only five years ago, openly gay people were barred from serving in its armed forces.

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by Patrick Radden Keefe (New Yorker)

A few days before Christmas in 2008, Hervé Falciani was in a meeting at his office, in Geneva, when a team of police officers arrived to arrest him. Falciani, who was thirty-six, worked for H.S.B.C., then the largest bank in the world.

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Finance Friday: $9 Billion Theranos Goes Buh-Bye

‘Edward Snowden warns CIA ‘never destroys something by mistake’’

by Heather Saul (The Guardian)

Edward Snowden has responded to reports the CIA inspector general’s office “mistakenly” destroyed its only copy of a comprehensive Senate ‘torture report’ with a stinging rebuttal: “When the CIA destroys something, it’s never a mistake.”

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‘Elizabeth Holmes Admits Theranos’ “Technology” Is A Fraud: Restates, Voids Years Of Test Results’

by Zero Hedge

As a reminder, the basis for Theranos ludicrous $9 billion valuation which it appears was achieved without anyone doing any actual due diligence, were the “Edison” machines which were touted as revolutionary — not just by Holmes but by the fawning media and even the Clintons. Theranos has now told regulators that it threw out all Edison test results from 2014 and 2015, effectively confirming it has no proprietary technology, and also validating that its valuation should be zero.

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Throwback Thursday: Billy Joel

‘It was the worst of times’

by The Economist

IN FEBRUARY 1970 a 16-year-old boy, Zhang Hongbing, denounced his mother to an army officer in his village in Anhui province, in eastern China. He slipped a note under the officer’s door accusing her of criticising the Cultural Revolution and its leader, Mao Zedong. She was bound, publicly beaten and executed. Decades later Mr Zhang began writing a blog about the tragedy, seeking to clear his mother’s name and to explain how her death happened.

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‘Thirty-Three-Hit Wonder’

by Nick Paumgarten (New Yorker)

Joel has not released an album of new pop material since 1993. Since then, he has written and recorded just one song, “All My Life,” an ill-advised Sinatra-ish tribute to his then wife Katie Lee, which was released onPeople’s Web site on Valentine’s Day in 2007. He has been almost meticulously unproductive.

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Don't Compete With Uber's CEO

‘Why I would never want to compete with Travis Kalanick.

by Chris Sacca (Medium)

Over the last couple of days, there has been assorted press speculation about Google launching an Uber competitor. As a proud Google alum, I have deep respect for the company and, in particular, I consider Larry Page an absolute genius. Working with him was a privilege. However, when I posted this Tweet about Larry and Uber CEO Travis Kalanick, it led to a lot of reporters asking me for a deeper explanation:

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by Xavier Harding (Popular Science)

While Ta-Nehisi Coates handles writing Black Panther, artist Brian Stelfreeze is responsible for, not just drawing, but building the world of Wakanda. Those bird-looking ships? That’s him. Those hologram bracelets are him too. Marvel’s Black Panther film isn’t due out until 2018, but more visuals are set to release when issue 2 of the new comic drops tomorrow. Here’s how he created what we know of Wakanda in 2016.

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Swiss Basic Income Vote

‘Switzerland is about to vote on universal basic income — there’s just one problem

by Jack Smith (Business Insider)

The machines are coming for all of our jobs eventually, and in the face of that impendingunemployment apocalypse, basic income is oft trotted out the tonic that will cure us of extreme poverty and wealth inequality.

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‘The past day in Brazil has been a roller coaster. Here’s why.

by Zack Beauchamp (Vox)

Here’s the past 24 hours of politics in Brazil:
Brazil’s equivalent of the speaker of the house, Waldir Maranhão, basically calls backsies on an impeachment vote his predecessor in the house held against President Dilma Rousseff. I mean that literally: He said the vote to impeach Rousseff was “annulled.”

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