United's passenger-beatings are a feature of its business, not a bug

In a world where the airlines record-smashing profits comes from a small number of increasingly luxurious first-class seats, the entire focus of the industry is on figuring out how to convince just a few marginal customers to spend more for one of those profit-centers instead of deadheading in coach. Read the rest

After ratting out users to China, Yahoo created (and then blew) a $17m "dissidents' fund"

It's been a decade since Yahoo got raked over the coals by Congress for helping the Chinese government spy on journalists and dissidents, some of whom were then arrested and tortured. Read the rest

Betsy DeVos ends ban on crooked loan-collectors in the student debt biz

Education secretary (and Ponzi-scheme billionaire heiress, anti-public-education crusader, and sister of notorious war criminal Eric Prince) Betsy DeVos just killed the recent Department of Education/Consumer Financial Protection Bureau guidelines that banned dirty bill-collectors from going after people with delinquent student bans.

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Cyber-arms dealers offer to sell surveillance weapons to undercover Al Jazeera reporters posing as reps of South Sudan and Iran

Companies in the EU and China have been caught offering to commit fraud to launder sales of mass surveillance weapons to Al Jazeera reporters posing as representatives of autocratic regimes under sanction for gross human rights abuses; these weapons would allow their users to target and round up political dissidents for arbitrary detention, torture and murder. Read the rest

The self-driving cars wars have triggered vicious shenanigans over top engineering talent

With companies like Uber betting billions on self-driving cars, amid competition from Apple, Google, Tesla and the major automakers, the shortage of qualified engineers is sparking vicious legal battles. Read the rest

The Financial Times: Uber is doomed

On FT's Alphaville, Izabella Kaminska takes note of the excellent, deep series on Uber's Ponzi-economics that Hubert Horan published last year on Naked Capitalism and calls out some juicy highlights. Read the rest

Wealth inequality is correlated with CO2 emissions

A new paper from a trio of Boston College researchers shows that the states with the highest degree of income inequality are also the worst offenders for carbon emissions; as the share of wealth and income claimed by the richest 10% increases, the amount of carbon-intensive consumption they engage in grows, as does their political clout, allowing them to buy laws and policies that let them pollute more. Read the rest

"Global Britain": the plan to turn post-Brexit Britain into the world's money-laundering arms-dealer

UK Prime Minister Theresa May says that post-Brexit Britain won't rely on the EU, but will become a "Global Britain," turning to the rest of the world to bring the the billions the UK will lose when it departs from the European Union. Read the rest

The linguistic backflips used by Deliveroo to pretend its employees are independent contractors

Deliveroo is a "gig economy" company that hires people to cycle around big cities, delivering meals, while pretending that all their riders are actually "independent contractors" running their own businesses through which they subcontract to Deliveroo, thus dodging any need to pay benefits or comply with basic labor, health and safety rules. Read the rest

The truth behind Pepsi's tone-deaf #blacklivesmatter-commodifying TV spot

How, you say, could Pepsi have been stupid enough to run a TV ad that trivialized the popular uprising against the official murder of black people by American law enforcement? The answer is obvious: They Live. (via JWZ) Read the rest

Poisoned wifi signals can take over all Android devices in range, no user intervention required

Vulnerabilities in the Broadcom system-on-a-chip that provides wifi for many Android devices mean that simply lighting up a malicious wifi access point can allow an attacker to compromise every vulnerable device in range, without the users having to take any action -- they don't have to try to connect to the malicious network. Read the rest

IoT vendor objects to "rude" review, renders complainer's device inoperable

R Martin bought a Garadget -- a device that lets you verify whether your garage door is closed using a mobile app -- and couldn't get it to work and left an intemperate 1-star Amazon review for the product. Read the rest

China announces "medical tourism" special economic zone on Hainan Island

Hainan Island will be designated a special economic zone for "medical tourism," where foreigners will be able to fly to get cheap health care (similar to how offshore entities can go to Guandong Province to have cheap electronics manufactured) Read the rest

IBM reports data breaches were up 566% (4B docs!) last year

Information security is a race between peak indifference to surveillance and the point of no return for data-collection and retention. Read the rest

A rare class-action victory over Wells Fargo's fake accounts proves binding arbitration sucks

Wells Fargo got caught ripping off millions of customers by setting up fake accounts in their names, then billing them for "services" related to those accounts, sometimes tanking their credit-ratings, costing them jobs, even their houses -- but the company says you're not allowed to sue them because their employees fraudulently signed your name to a "binding arbitration" agreement that forces you to take your case to a fake judge whose salary they pay. Read the rest

The 265 Republican Congressjerks who just nuked your online privacy sold out for chump change

Yesterday, Congress voted to bar the FCC from ever making a rule that limits how your ISP can spy on you and sell your data, without your permission. Read the rest

20 years ago, Ted Cruz published a law paper proving companies could always beat customers with terms of service

You might think that when companies impose crappy, abusive terms of service on their customers that the market could sort it out, by creating competition to see who could offer the best terms and thus win the business of people fed up with bad actors. Read the rest

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