Category: technology | 技術 | 기술 | テクノロジー

It’s hard to explain to someone who didn’t live through it how transformation technology has been. When I was a child a computer was something mysterious. My Dad has managed to work his way up from the shop floor of the shipyard where he worked and into the planning office.

One evening he broad home some computer paper. I was fascinated by the the way the paper hinged on perforations and had tear off side edges that allowed it to be pulled through the printer with plastic sprockets connecting through holes in the paper.

My Dad used to compile and print off work orders using an ICL mainframe computer that was timeshared by all the shipyards that were part of British Shipbuilders.

I used the paper for years for notes and my childhood drawings. It didn’t make me a computer whiz. I never had a computer when I was at school. My school didn’t have a computer lab. I got to use Windows machines a few times in a regional computer labs. I still use what I learned in Excel spreadsheets now.

My experience with computers started with work and eventually bought my own secondhand Mac. Cut and paste completely changed the way I wrote. I got to use internal email working for Corning and internet connectivity when I went to university. One of my friends had a CompuServe account and I was there when he first met his Mexican wife on an online chatroom, years before Tinder.

Leaving college I set up a Yahoo! email address. I only needed to check my email address once a week, which was fortunate as internet access was expensive. I used to go to Liverpool’s cyber cafe with a friend every Saturday and showed him how to use the internet. I would bring any messages that I needed to send pre-written on a floppy disk that also held my CV.

That is a world away from the technology we enjoy now, where we are enveloped by smartphones and constant connectivity. In some ways the rate of change feels as if it has slowed down compared to the last few decades.

  • 8964 museum + more news

    8964 museum

    六四記憶‧人權博物館 8964 Museum – 8964 Museum is a site ran from outside Hong Kong that acts a memorial for events running up to the June 4th 1989 protests in Beijing’s Tiananmen Square. The 8964 museum site was originally built predominantly for a local Chinese audience in Hong Kong. The reason why its 8964 is because Chinese language is quite logical about structure. You go big to small, hence June 4th, 1989 is 4/6/89 in the UK and 8964 in Chinese. The 8964 Museum is a really nice piece of web design. The 8964 Museum goes back and shows the history of China from the founding of the People’ Republic through the 1989 student and worker’s protests and beyond. The 8964 museum is now blocked in Hong Kong.

    Beauty

    Unilever invites startups to partner through Positive Beauty Growth Platform | Unilever global company website – interesting Unilever Foundry concept aligned around ‘positive beauty’

    Business

    China’s Supreme People’s Court has Ruled against Apple, allowing a lawsuit to Proceed on Antitrust Grounds – Patently Applethe decision by China’s top court to allow the lawsuit to be considered by the Shanghai court could signal more trouble ahead for Apple in China, which now accounts for a fifth of its iPhone sales. Wang Qiongfei, Jin’s attorney, told the South China Morning Post in a telephone interview that a hearing is expected to take place in Shanghai next January. You Yunting, a senior partner at Shanghai Debund Law Firm, said that the top court’s ruling could have a far-reaching impact. “I think this case has established a new principle namely that antitrust cases are also rights infringement cases and thus can be adjudicated by local courts.”

    China Wields New Legal Weapon to Fight Claims of Intellectual Property Theft – WSJChinese courts granted so-called anti-suit injunctions blocking foreign companies from taking legal action anywhere in the world to protect their trade secrets…At Xiaomi’s request, a Chinese court in Wuhan issued an injunction barring InterDigital from pursuing its case against Xiaomi—in China or anywhere else. If InterDigital persisted, the Chinese court said, it would face fines equivalent to roughly $1 million a week.To trade lawyers and others who have tangled with Chinese companies over intellectual property, the InterDigital case is the latest sign of how China disregards the patents, copyrights and trade secrets of foreign companies

    Revealed: Bribery in advertising pitches is pervasive in APAC | Campaign Asia – I wonder if this is skewed to certain markets?

    China to block ‘core’ industrial, telecoms data from leaving the country | South China Morning Post – interesting, this could decouple everything from supply chains to billing systems and also make stocks even more opaque

    Global supply chains at risk of collapse, warn business leaders | Financial Times – the disparity between UK and US trucking problems is striking

    China

    Why China Is Alienating the World | Foreign Affairseven more striking than the backlash against China has been the country’s inability to recalibrate. Beijing’s response to the rapid deterioration in ties with Canberra was to confront Australia with a list of demands that it said were prerequisites for improving relations. China’s leaders have also repeatedly stressed that any improvement in relations with the United States must begin with concessions from Washington and issued Deputy Secretary of State Wendy Sherman a similar list of demands when she visited Tianjin in July. Officials in Washington have begun to see Beijing’s inability to shift course as an advantage in the emerging competition between the two countries – less an inability than no desire, this is more about culture. I was reminded of Huawei’s ‘shut up‘ incident a number of years ago

    Goldman Sachs was poised to triumph in China. What happened? | Financial Times 

    Consumer behaviour

    Conscientious Korean consumers demand the full package | Campaign Asia“Now more than ever, consumers are evaluating brands across multiple dimensions of functionality, personal relevance and collective contribution,” Mali Wuestenhagen, senior media director at Essence Korea, told Campaign Asia-Pacific. “The term ‘meaningful brands’ is gaining increasing importance. Consumers are looking for unique brand experiences, and not just product and service excellence. To connect with consumers on a deeper emotional level, brands’ values need to resonate strongly with consumers. Brand authenticity and brand responsibility are equally important factors in driving positive consumer sentiment.”COVID affected brand relevance

    Project MUSE – Perceptual Divided Leviathan and the Modes of Political Participation in Chinacitizens’ varying degrees of participation across a range of political activities. It considers the perceived Chinese divided leviathan as a crucial cognitive shortcut for ordinary citizens to assess the uncertain activism environment, estimate the relative costs and benefits of different political activities, and strategize their participation portfolios. Using nationally representative survey data, the article exploits latent class analysis to uncover four distinct mass participatory modes—outsiders, conventionals, agitators, and activists—and examines the impact of perceptual government trustworthiness and integrity on modal transition. The empirical results reveal that citizens’ perceptions of a division between the central and local government affect their choice of participatory activities but not their overall participation levels: people who perceive a greater integrity division tend to engage the state in an agitative and contentious mode, and are less likely to do so in an institutionalized, conventional mode

    Gender and Sexuality – CHINESE RELIGIOUS LIFE – really interesting article for anyone looking at China consumer behaviour in terms of foundations

    Did Communism Smash the Patriarchy?In China, the government has maintained a monopoly of violence, rule of law and public trust. Men needn’t present as thuggish. But progress towards gender equality is still held back through the suppression of civil society. Taiwan and South Korea demonstrate what women can achieve when economic development is combined with democratisation and feminist activism. As Taiwanese women amassed wealth, status, and networks, they organised politically. Feminist lobbying secured gender quotas. Twice-elected Tsai Ing-wen now presides over a legislature that is 42% female. With strong female representation, the Government of Taiwan has strongly entrenched protections for women’s rights, criminalising sexual harassment. In South Korea independent civil society and religious groups were never fully suppressed under the military dictatorship. Anti-government coalitions of workers, students, priests, intellectuals, and farmers gained strength over the 1970s and 80s. South Koreans have now consolidated democratisation, on par with the UK!!  South Korea’s strong civil society laid the foundations for today’s feminist activism. 340 women’s organisations, labour unions and NGOs launched ‘Citizens’ Action with MeToo & campaigned ‘With You’. Recognising their collective strength and successes, women increasingly agitate for accountability. In 2018, 20,000 women marched against spy-cams (up-skirt and hidden cameras in loos) and revenge porn (which is then circulated online). This led to more government attention, a ministerial committee, and more police investigations. China lags behind, with the weakest protections against gender based violence. – things will get worse when the government has to come up with inventive ways to make the 3 child policy work

    Design

    BA06 – G-Class Governmental Business – I could totally see this screwing with the Ineos Grenadier

    Open Architecture: The husband-and-wife design duo redefining China’s cultural landscape – CNN Style – Beijing-based practice Open Architecture, are responsible for some of the last decade’s most thought-provoking Chinese arts destinations. Best known for transforming a series of aviation fuel tanks into a popular riverside gallery in Shanghai, the pair’s understated theaters and performance spaces offer a welcome dose of subtlety in a country with skylines all too often blighted by bold statements. “It’s about making a dialogue between us, as humanity, and nature,” Li said in a video interview.

    Economics

    Harper’s Magazine – Unmade in America — Open Markets Institute – America’s manufacturers spent those same happy years shifting many basic operations right off their factory floors. And by this I don’t mean simply offshore but right out of the company, along with the responsibility to make sure their world-spanning assembly lines always run right. Like Enron, our manufacturers did so largely to pump up the value of their stocks. And, like Enron, they will probably get to watch one day as their empty edifices collapse. Unlike Enron, however, this crash may bring down a lot more with it than one or a few companies. The global assembly lines that manufacturers such as Dell, Ford, Motorola, and Intel have so expertly engineered these last few years—in which, say, a single semiconductor might be cut from a wafer in Taiwan, assembled in the Philippines, tested in China, fit into a subcomponent in Malaysia, plugged into a component in Brazil, and loaded with a program designed in India—are just as audaciously complicated as any of Enron’s financial schemes. Yet because manufactured goods are so much less fungible than money, these systems are vastly more vulnerable to the mysterious mutterings of God or the deliberate hand of man and state – this was written back in 2002

    Hidden Performance: Salary History Bans and Gender Pay Gap by Jesse Davis, Paige Ouimet, Xinxin Wang :: SSRNAs of 2019, salary history bans have been enacted by 17 states and Puerto Rico with the stated purpose of reducing the gender pay gap. We argue that salary history bans may negatively affect wages as employers lose an informative signal of worker productivity. We empirically evaluate these laws using a large panel dataset of disaggregated wages covering all public sector employees in 36 states and find, on average, salary history bans lead to a 3% decrease in new hire wages. We find no decrease in the gender pay gap in the full sample and a modest 1.5% increase in the relative wages of women, as compared to men, among new hires most likely to have experienced gender discrimination historically.

    Ethics

    Apple’s fortress of secrecy is crumbling from the inside – The Verge – on Apple’s culture – executives make decisions about how the company will function, and employees either fall in line or leave. What choice do they have? Apple is currently worth $2 trillion, making it the most valuable company in the world, as well as one of the most powerful. Over the past few months, however, that culture has started to erode. As workers across the tech industry advocate for more power, Apple’s top-down management seems more out of touch than ever before. Now, a growing number of employees are organizing internally for change and speaking out about working conditions on Twitter.  “There’s a shift in the balance of power going on here,” says Jason Snell, the former editor of Macworld, who’s been covering Apple since the 1990s. “Not everyone is afraid that their boss at Apple is going to fire them. They’re saying, ‘I’m going to say some bad things about Apple, and if you move against me, it’s going to look bad for you.’”

    Murky waters: What next for the AUKUS nations and their allies? — 9DASHLINE – The development of global financial architecture in recent decades has transformed the transnational arena such that the old rules don’t necessarily apply. As the AUKUS announcement was being made, Russia’s political opposition was being undermined by groups including Google and Apple, who removed tactical voting apps for the country’s election. As attention in the US turns to the implications of growing Chinese power, the Chinese Embassy there can depend on Squire Patton Boggs, a lobbying firm in its pay. Included on the firm’s roster is the retired speaker of the House and one of the best-connected politicians in the US, John Boehner. Chinese leaders themselves are supported by a cast of western enablers who help secure their substantial fortunes offshore, most frequently in the British Virgin Islands

    Hong Kong

    Hong Kong schools lose 81 Primary One classes as wave of emigration saps student population | South China Morning Post 

    Hong Kong faces worst quarter for stock listings since pandemic | Financial Times – interesting that financial institutions bet that HK would be the new favoured market for IPOs hasn’t paid off

    How to

    Kibbles & Bytes #1171:The Plug Is Mightier Than the Puck: Wireless Charging Is Wildly Inefficient, Need to Share Files Securely? Try Password-Protected ZIP Archives – great points on wireless charging versus plug-in charging

    Ideas

    Regime Change #2: A plea to Silicon Valley – start a project NOW to write the plan for the next GOP candidate – by Dominic Cummings – this looks like Domnic Cummings is writing himself a job description and hopes that someone will employ him to do it.

    Innovation

    Dry Ice Detailing Cleans Car Back to Factory Condition Without Water | Business Insider – this was a very specialist thing used on classic and supercars, interesting to see it be mainstreamed

    Luxury

    LinkedIn Global Head of Luxury: “Audiences Are Looking For More Storytelling From Brands.” – ‘In the five years since Tatiana Dupond joined LinkedIn, the social media platform has become a key destination for luxury brands to communicate their messaging to its highly engaged audience. She speaks to Luxury Society about how brands can further the experience for their followers through richer storytelling and more meaningful content.’

    The Deep-Dive: The Luxury Market Is Rebounding. Will It Last? | Luxury Society – Louis Vuitton, Chanel, Cartier and Hermès, to name but a few, have all seen a rise in brand desirability, according to data compiled by DLG, which found that Google searches for the brands have grown by 15 percent, 11 percent, 39 percent and 21 percent respectively, from January 2021 to June 2021, compared to a year earlier.

    TELFAR.TV – rather than write my take here’s Matt Muir’s: – this is an interesting bit of marketing from them, which is in part MEDIA EMPIRE stuff and in part a smart way of stopping bots from snapping up new stock for the resale market. Telfar TV is an online stream of…stuff, the gimmick being that it’s like public access cable insofar as anyone can submit video to be featured on the platform. Among the UGC stuff (I have only seen a couple of things and they are…I mean, look, let’s just say there was a STRONG AESTHETIC and if I were more inclined to look at video art then maybe I would have appreciated it more) will be scattered occasional QR codes which act as gateways to buy limited merch drops, in smart, bot-proof style. This is a super-interesting idea, which will almost certainly die a death based on a lack of people submitting content – I would add that they could also raid the internet archive for filler video content….

    Media

    New Bond Can’t Take On Beijing’s Supervillains | Foreign Policy 

    Adam Curtis: Social media is a scam | IdlerI’ve always thought John Le Carré did spies a great service because he made it seem as if there were endless depths of mystery and darkness when in fact, if you’ve ever researched the spies, they are (a) boring and (b) useless. I mean really, really useless. I researched MI5 once and they hardly ever manage to capture any traitors… it’s usually someone else who points them in the right direction. And in a way I think that’s true of this. The tech companies are powerful in the sense that they’ve got hold of the internet, which people like me think could be a really powerful thing for changing the world and disseminating new ideas, and they’ve got it in this rigid headlock. To do that, they’ve conned everyone into thinking that their advertising is worth it. And in the process, they’re destroying journalism – I would disagree with some of Curtis’ assertions but this feels right in terms of how they’re seen in terms of policy wonks now

    Facebook Views Preteens as ‘Untapped’ Wealth, Documents Show | Gizmodo – actually says valuable audience. Interesting that they were focusing on playdates as a possible media moment

    Retailing

    Shein exemplifies a new style of Chinese multinational | The EconomistXu Yangtian had none of their tailoring experience when he founded Shein (pronounced she-in) in 2008. Instead, the creator of the fashion world’s latest sensation was a specialist in search-engine optimisation. This expertise helped Mr Xu gain an understanding of how to draw shoppers’ attention in the digital world. And he has understood this very well indeed, bringing to an audience of rapt Western fashionistas a Chinese style of “social commerce”, which combines social media with online shopping. Add in a revolutionary approach to manufacturing and the results have been spectacular. In 2019 Shein’s gross merchandise volume (GMV), e-commerce groups’ preferred measure of total sales on their platforms, was $2.3bn, estimates to Zheshang Securities, a Chinese broker. This year it is forecast to surpass $20bn. By 2022 analysts expect Shein’s GMV to overtake Zara’s revenues. In May Shein was the most downloaded shopping app in America, overtaking Amazon

    Security

    C.I.A. Admits to Losing Informants – The New York Times – blames over optimism about their own abilities, under-estimating opponent intelligence services and over-optimism. What’s in the back of my mind is how much their electronic networks are compromised and how many are now double agents

    US has already lost AI fight to China, says ex-Pentagon software chief | Financial Times – blamed the reluctance of Google to work with the US defence department on AI, and extensive debates over AI ethics for slowing the US down. By contrast, he said Chinese companies are obliged to work with Beijing, and were making “massive investment” into AI without regard to ethics. Chaillan said he plans to testify to Congress about the Chinese cyber threat to US supremacy, including in classified briefings, over the coming weeks. He acknowledged the US still outspends China by three times on defence, but said the extra cash was immaterial because US procurement costs were so high and spent in the wrong areas, while bureaucracy and overregulation stood in the way of much-needed change at the Pentagon

    The entirety of Twitch has reportedly been leaked | VGC 

    GCHQ chief: Facebook is a worry but China is the real internet danger 

    The west sees China as a ‘threat’, not as a real place, with real people | The Guardian – Nazi Germany and the Soviet Union were both real places with real people

    Technology

    Study: Despite uptick in telehealth use, patient satisfaction sags – News – MM+M – Medical Marketing and Media – Learning more about unsatisfied patients can help healthcare marketers tailor efforts to reach them more effectively. To that end, the survey found that the industry provided uneven care to patients, with those deemed higher-risk – ones who self-reported their health as fair or poor – having lower satisfaction with telehealth offerings than people who self-reported their health as excellent.In addition, patients in better health were more likely to better understand information conveyed during telehealth visits and characterize these visits as more personalized.“The onus is on the telehealth industry to understand the analytics behind who these members are, and what sort of level of services they need that can be tailored to their healthcare conditions,” Beem said. – I wonder how this compares to in-person visits?

    The Impending Chinese NAND Apocalypse – YMTC 128 Layer NAND Is The First Semiconductor Where China Is Technologically Competitive – by Dylan Patel – SemiAnalysis 

    Wireless

    iPhone 13 Customers Sold On Longer Battery Life | Investor’s Business Daily – “Desire for a better battery life is the most popular reason for upgrading,” Daryanani said. “5G was not a popular reason for upgrading this year likely because 5G excitement in the U.S. remains well below the levels in China.” and working from home with your handset on wifi won’t help that sentiment

  • Tom Ford + more news

    Tom Ford

    The panellists look back to Tom Ford, in particular his notorious, provocative advertising campaigns during his tenure as creative director of Gucci, while wondering whether his present day collections have the same impact. The glamour of the Tom Ford tenures at YSL and Gucci including the old collections is also dissected. The analysis of the Tom Ford legacy is timely as Gucci has looked to relaunch some of his old signature pieces.

    The debate doesn’t touch on Tom Ford and his impact on culture beyond luxury such film making. The outtake for me is that Tom Ford may have a longer and more relevant career than Karl Lagerfeld.

    Business

    Soho China shares plunge 40% after Blackstone deal collapses | Financial Times – this isn’t just about a property sector rout, but also about the founders wanting to be independent of China moving forwards

    Macau casino stocks shed $16bn as government seeks greater oversight | Financial Timesthe Chinese territory opened a 45-day public consultation on revising its gaming law, which is expected to step up scrutiny of operators in the world’s biggest gambling hub. Casino groups’ 20-year concessions to operate in Macau are set to expire next year. The authorities’ move to tighten control of casinos is also proceeding as Beijing embarks on a broad campaign to reshape the country’s business, political and cultural landscape in a bid to stamp out inequality and promote “cultural prosperity”. Chinese regulators have imposed stringent conditions on the country’s biggest companies in the tech, online education and video gaming sectors, and authorities have targeted social behaviours perceived as harmful

    EXCLUSIVE Didi co-founder Liu told associates she plans to leave – sources | ReutersReuters claims that Jean Liu ‘told some associates that she expected the government to eventually take control of Didi and appoint new management, said the two sources.’ – its a shame Liu seemed to be one of a new breed of execs in China

    A decade of the Tim Cook machine — Benedict Evansit will carry on making a certain kind of product for a certain kind of customer. That’s been the plan ever since the original Macintosh, and in some ways all that’s changed is how many more of those customers there are. The original Mac sold a few hundred thousand units in 1984, but Apple now sells half a million iPhones every day. Apple and the market grew into each other

    In Depth: How Evergrande Hid Its Debt – Caixin GlobalA source familiar with the capital market in Hong Kong said that Evergrande had raised a lot of money overseas at interest rates higher than 15%, which one source found to be perplexingly high. “How could Evergrande make a profit borrowing at such high interest rates?” the source asked. – I don’t think Lehman Brothers is the right analogue, but maybe Enron or MCI Worldcom are?

    Consumer behaviour

    Why Is America So Bad at Keeping People Alive? – The Atlantic 

    China cold war nothing to do with us, say European Union voters | The Times – heads in the sand

    Kids who grew up with search engines could change STEM education forever – The VergeIt’s possible that the analogy multiple professors pointed to — filing cabinets — is no longer useful since many students Drossman’s age spent their high school years storing documents in the likes of OneDrive and Dropbox rather than in physical spaces. It could also have to do with the other software they’re accustomed to — dominant smartphone apps like Instagram, TikTok, Facebook, and YouTube all involve pulling content from a vast online sea rather than locating it within a nested hierarchy. “When I want to scroll over to Snapchat, Twitter, they’re not in any particular order, but I know exactly where they are,” says Vogel, who is a devoted iPhone user. Some of it boils down to muscle memory.  But it may also be that in an age where every conceivable user interface includes a search function, young people have never needed folders or directories for the tasks they do. The first internet search engines were used around 1990, but features like Windows Search and Spotlight on macOS are both products of the early 2000s. Most of 2017’s college freshmen were born in the very late ‘90s. They were in elementary school when the iPhone debuted; they’re around the same age as Google. While many of today’s professors grew up without search functions on their phones and computers, today’s students increasingly don’t remember a world without them

    Finance

    Financial blogger crackdown leaves China investors scrabbling for data | Financial Times – it gives you an idea how opaque things already were that these blogs were a source of information to institutional users on management changes, regulatory investigations and arrests – key sources of information for institutions buying debt issues

    Germany

    Germans Demanding New China Policy. Will the Next Chancellor Deliver? | National Reviewno matter who wins, German public opinion, pressure from the United States, and the strong possibility of having to partner with the Green Party in a coalition government make it likely the victor will be pushed in a more hawkish direction. The same hardening found among the German public is also happening in Parliament and the foreign ministry. Conservatives in the United States rightfully lament how bureaucracies often influence policy outcomes against the wishes of the principals leading them, not the other way around. When it comes to the future of Germany’s China policy, those bureaucratic exertions might not be such a bad thing

    Most Germans believe their ‘golden age’ is over, poll finds“These findings suggest that, while Angela Merkel has cemented Germany’s position as a great European power, the cornerstones of her legacy – neutrality and consensus building – will not be enough to defend the unity of the EU, and its place in the world, in the years to come.” Germans will head to the polls on September 26 to elect a new parliament and choose a successor to Mrs Merkel, who has served as chancellor since 2005. Her own party, the Christian Democratic Union, is lagging its coalition partner, the centre-left Social Democrat Party, in polls. Mrs Merkel’s SPD finance minister, Olaf Scholz, is likely to become the next chancellor.  

    More related content here.

    Innovation

    British Airways operates passenger flight using recycled cooking oil | The Guardian – biodiesel makes a lot of sense for jet turbines because of energy density

    Mossad Used Remote-Controlled Machine Gun to Kill Iran Nuke Expert: NYT 

    Japan

    Japan urges Europe to speak out against China’s military expansion | Japan | The Guardian

    Legal

    Hong Kong Police Arrest Three Student Activists For ‘Inciting Subversion’ – Police say snacks and personal items stored for donation to prisoners are intended to incite ‘hatred’ of the government.

    Foreign Office ‘warned UK-based Hong Kong critics about extradition risk abroad’ | Hong Kong | The GuardianHong Kong government figures list 19 extradition agreements with other nations including India, Indonesia, Malaysia, Singapore, South Africa and Portugal. In response to the law, several countries including the UK, Australia, Germany, France and the US, tore up their Hong Kong agreements. Chinese authorities record at least 59 extradition agreements, including with countries across Asia and Europe, although not all are ratified. Several countries including France and Australia have indicated they will not ratify their agreements

    Luxury

    Explained: The Chinese take on DIY luxury | Vogue Business

    Marketing

    How China’s ‘996’ culture is changing | Advertising | Campaign Asiabrands should be “non-judgmental and show empathy and kindness towards the young generations.” By doing so, they can keep momentum going even after “lying flat” no longer trends. “If brands can even help young people to achieve their personal goals, that would help build the loyalty of the younger consumers in the long term,” she advised. brands should be “non-judgmental and show empathy and kindness towards the young generations.” By doing so, they can keep momentum going even after “lying flat” no longer trends. “If brands can even help young people to achieve their personal goals, that would help build the loyalty of the younger consumers in the long term,” she advised.

    Media

    An interview with Bella Poarch on her move from TikTok to… – The Face – social is an on ramp, not a replacement for the media industry

    Retailing

    FamilyMart preps 1,000 unmanned stores in Japan by 2024 – Nikkei Asia – this makes a lot of sense. A lack of young people to be part time staff, a high trust society and a clear use case from automated stores that were trialled in China by Mukbang

    Pandemic Shoppers Are a Nightmare to Service Workers – The Atlantic 

    Security

    Lithuania says throw away Chinese phones due to censorship concerns | ReutersThe National Cyber Centre’s report also said the Xiaomi phone was sending encrypted phone usage data to a server in Singapore. A security flaw was also found in the P40 5G phone by China’s Huawei (HWT.UL) but none was found in the phone of another Chinese maker, OnePlus, it said. – given the closeness of Russia and China, at least some of the concern will about their mutual help of each other in the cybersecurity realm

    Taiwan

    On TECRO’s proposed name change: China, Taiwan, and the ruse of pragmatic moderation – by Kevin Carrico – NSL can’t cancel me 

    Technology

    Report: Fake chips flood in to exploit supply shortageOki Engineering has opened a chip verification service. And after opening the service in June, Oki had received 150 inquiries by August. After studying about 70 cases it found problematic chips in about 30 percent of them. With constrained supplies customers are prepared to buy from “unconventional sources,” the report said. Industrial and medical equipment manufacturers are amongst those to have subscribed to Oki’s chip verification service

  • Chinese institutions & more news

    Chinese institutions

    CSIS has a great talk that looks at the resilience of Chinese institutions. The CSIS is a US think tank better known as the Center for Strategic & International Studies. They held a talking on Rethinking Chinese Politics – in terms of having a better understanding of the dynamics and the resilience of the Chinese institutions involved. The recentralisation of power under Xi Jingping was seen to subvert Chinese institutions, but Jiang Zemin’s actions had a similar role in previous years.

    Interesting discussion on the resilience of Chinese institutions

    Consumer behaviour

    China’s Generation N: the young nationalists who have Beijing’s back | South China Morning PostNationalism has been on the rise, encouraged by the Communist Party and put to effective use by President Xi Jinping. Younger generations’ perceptions and expectations of their country differ from those of the past, offering the government support but also challenges – basically China might get screwed over by its own rhetoric and propaganda to its people. However it poses problems for western businesses that rely on the Chinese market

    State Media Calls on Hong Kong to Compensate For Tide of Emigration — Radio Free Asia“There is a high proportion of professionals — 12 percent — among those emigrating,” the article said. “The Hong Kong government should pay close attention to the increase in the number of professionals emigrating, and set out a long-term response strategy,” it said. The article appeared particularly concerned over the loss of medical professionals from Hong Kong, suggesting the government focus on recruiting healthcare workers from mainland China and overseas. The exodus looks set to hit the healthcare sector hard, with the Hospital Authority (HA) reporting the loss of 4.6 percent of doctors and 6.5 percent of nurses in public hospitals – there is a similar impact in third level teaching as well

    Economics

    George Soros: Investors in Xi’s China face a rude awakening | Financial Times – George Soros on Xi Jingping. There isn’t anything in Soros argument that Xi Jingping doesn’t admit himself in this op-ed in Quishi – the CPC’s political theory journal Understanding the New Development Stage, Applying the New Development Philosophy, and Creating a New Development Dynamic

    Chinese media back diatribe calling for crackdown to be expanded | Financial Times“The capital market will no longer become a paradise for capitalists to get rich overnight . . . the cultural market will no longer be a paradise for sissy stars and news and public opinion will no longer be in a position worshipping western culture,” – pretty much on point for Chinese state belief. There has been concerns that K-pop idol culture with its androgynous dressing stars would be ruining Chinese macho culture. This also fits into the dialogue about left behind women considered responsible for the decline in birth rate

    China to Cleanse Online Content That ‘Bad-Mouths’ Its Economy – Bloomberg 

    Finance

    Affirm soars 47% after partnering with Amazon to bring buy now, pay later service to the online retail giant | Markets Insider 

    Hong Kong

    SenseTime heads for IPO on Hong Kong exchange | Financial Times – SenseTime said it was subject to “complex and evolving” laws around data protection, including new draft regulations for cyber security reviews in China. “We cannot predict the impact of the draft measures, if any, at this stage,”

    Singapore

    PM Lee acknowledges work pass holders bringing in social practices and class distinctions that cause frictions – The Online Citizen Asia – Indian caste system exported

    Technology

    ARM China Seizes IP, Relaunches as an ‘Independent’ Company – ExtremeTech It is not clear how much pressure was put on SoftBank to form the merger, but this looks like one of the most blatant examples of IP theft that we’ve seen. The Chinese arm of a company has gone rogue and refused to obey the ruling of its own board. The head of that company is essentially treating it as a personal fiefdom, and Chinese authorities do not appear to have taken meaningful action to reign in Mr. Wu. While ARM China does not currently have access to the ARMv9 instruction set or any additional ARM IP, it appears that the company will attempt to use previously transferred assets to bootstrap its own transformation into an “independent” company – yes, sounds about right. China waging war by other means, also splitting fits into China’s desire to self-reliant

    Apple CEO Tim Cook Expected To Retire After Completing One Last Product Category / Digital Information WorldTim Cook noted that, when asked, he would probably not be around for Apple in approximately the next ten years. And just like that, one of the most influential men in the world steps down, leaving an unpredictable future in his stead. However, 10 years is a long time, and Tim Cook seems to have an idea as far as establishing a legacy goes. – the hubris of John Sculley and the Newton comes to mind….

  • Buy now, pay later + other news

    Buy now, pay later

    Paidy considers listing as ‘buy now, pay later’ catches on in Japan | Financial Times – Japan is a microcosm of what’s happening in terms of buy now, pay later on the web. Japan is notable, because like Germany, historically it has been a heavy cash focused consumer payments market. Mobile payments were mainly used for daily expenses like commuter travel or shopping at the combini. Many consumer e-commerce sites now have Klarna involved. Even Amazon is getting in on the buy now, pay later theme:Amazon Enters the ‘Buy Now, Pay Later’ Space Through Affirm – All of this looks like a consumer credit iceberg that might catch bankers et al by surprise. The buy now, pay later model itself isn’t new. Its payment by instalments model was used by catalogue businesses to furniture stores. It is lay away for more impulsive times.

    Business

    Strategising for Success in Winner-Take-All Industries | INSEAD Knowledge 

    Ethics

    Cantopop star Denise Ho flagged by law enforcement agencies: Sing Tao | The Standard – a few things are interesting which are further evidence of the maximalist interpretation of the Hong Kong National Security Law. Going after Ho is an indication that none of the pro-democracy movement will be tolerated, even as a Potemkin village type construct.

    Chinese Official Dismisses Wave of Emigration From Hong Kong — Radio Free Asia“Neither Beijing nor Hong Kong officials are willing to admit that there is a crisis in Hong Kong,” Cheng said. “Hong Kong residents lack confidence in the future and can’t tolerate the current situation, so a considerable number of people are choosing to emigrate.” 

    “I think the central government must care about that, because it will affect how its policies in Hong Kong are perceived in the international community,” he said. Cheng, who has himself recently emigrated, said the feelings of the people of Hong Kong are no longer being taken into account by Beijing. – I honestly think the Xi administration doesn’t care

    Why are these state media artists disrespecting the CCP? – by Kevin Carrico – I have been hearing about this from other people as well. I am surprised Twitter is blue ticking them. YouTube and Twitter are building up bad reputations for enabling Chinese and Russian state directed propaganda

    Legal

    Hong Kong censorship law to check old films for national security breaches | Yahoo! Singapore News – guessing that this would rule out a lot of the old police and triad films from Infernal Affairs to Election and pretty much the whole of the John Woo back catalogue

    Luxury

    The new threat to China’s luxury boom: What to know | Vogue Business – Xi Jingping’s push to a less rich society

    Xi Jinping’s call for wealth redistribution threatens luxury groups’ China boom | Financial Times – A small group of ultra-wealthy people — Jefferies reckons they number about 110,000 and each spend more than €100,000 a year on fashion and jewellery — account for almost a quarter of luxury sales to Chinese consumers

    Chinese gold jewellery sales shine amid demand for traditional designs and national pride among young consumers | South China Morning Post – modern simplicity is out and tradition is in when it comes to jewellery. The idea of guo chao seems to be moving into the luxury sector with an interest in ‘heritage gold’ jewellery designs

    Media

    Chinese government fines surrogacy controversy actress Zheng Shuang US$46.1 million for tax evasion | South China Morning Post – is it me or can anyone else understand how these stars are pulling down such huge sums? No explanation as China’s billionaire actress Zhao Wei blacklisted from Chinese internet | South China Morning Post 

    Philippines

    Accused of harassment, Gigil co-founder files libel complaint | Advertising | Campaign Asia – the Philippines might have its #metoo moment thanks to Deng Teng

    Retailing

    Urban Outfitters Is Launching an Online Thrift Store This Fall | Business Insider

    Security

    From Pearl to Pegasus: Bahraini Government Hacks Activists with NSO Group Zero-Click iPhone Exploits – The Citizen Lab – these are bought in services from the likes of NSO rather than homegrown hacking skills

    Tailoring Deterrence for China in Space | RAND 

    Chinese state hackers: Huawei data centre built to spy on PNG 

    Spies for Hire: China’s New Breed of Hackers Blends Espionage and Entrepreneurship – The New York Times 

    Beijing drafts rules to rein in the algorithms used by Big Tech to push videos and popular apps in widespread crackdown | South China Morning Postnew rules will ‘regulate algorithm-empowered recommendation activities on the internet’ – this is an interesting development and will likely impact TikTok overseas as well

    Technology

    Google confirms it’s pulling the plug on Streams, its UK clinician support app | TechCrunch – interesting that Google Streams is being abandoned now. Worthwhile reading this essay on Google’s messaging apps as well: A decade and a half of instability: The history of Google messaging apps | Ars Technica – both seem to be part of endemic behaviour at the heart of the Googleplex

    Data Stolen in Microsoft Exchange Hack May Have Helped Feed China’s AI Project : NPR

  • Afghanistan + other news

    Afghanistan

    I couldn’t avoid doing a post on Afghanistan given what had been going on this week. The Afghanistan conflict posed a number of interesting questions about:

    • What privacy and security means for the people left behind in Afghanistan in the digital age
    • Why strategy is seldom a teacher and several countries have made the same mistake in Afghanistan – (Britain did so twice!)
    • The failure of intelligence in Afghanistan reminded me of the failure of intelligence agencies to realise that the fall of the Berlin Wall would happen. There was also a failure to underhand who the players were and their motivations in Afghanistan
    • What will Afghanistan mean for Pakistan moving forwards? Once out, the west has the perfect opportunity to shun Pakistan; which will leave the country vulnerable to Chinese predatory practices

    The US Is Removing Records of Its War in Afghanistan From the InternetLives are on the line here, but helping them may mean destroying—even if temporarily—the memory of the war and all that happened. It’s a horrible problem to face. One potential solution would be for the U.S. and its allies to take as many Afghan refugees as want to flee the country. – it assumes that the Taliban and supporters like the Pakistani ISI intelligence agency haven’t been caching this material themselves over the years. Things got rolled up so fast, they probably have hold of records from Afghanistan government payroll ledgers to intelligence reports

    1999 Afghanistan
    1999 Afghanistan map, courtesy of the CIA

    Germany Flew 65,000 Beer Cans Out of Afghanistan, but Just 7 People on an Evacuation Flight“​​There was transport capacity for alcohol, but not for the local staff in Afghanistan,” read a piece in Germany’s Bild newspaper, referring to the fact that the German military had earlier flown home 65,000 cans of beer and 340 bottles of wine before it withdrew from its bases in Mazar-e Sharif and Kabul at the end of June. – surely they could have blown up the alcohol and put people on the flights? – this is the kind of thing that fuels future grudges that morph into terrorist attacks. But it also shows the colossal failure in intelligence in a microcosm

    How Social Media Helped ‘Taliban 2.0’ Take Control of Afghanistan | Vice – The modern, tech-literate Afghanistan Taliban aren’t the same as they were 20 years ago. Now they’re using technology to control the narrative and assert dominance.

    Ranger Wing to be sent to Kabul to aid in evacuation of Irish citizens | Irish Times – if you want to understand what a mess Afghanistan is, look at Ireland. Ireland hasn’t been involved in Afghanistan and has had to send a special forces team in to try and get three dozen Irish citizens out of the country

    SIGAR | Lessons Learned. The Ides of August – a couple of good post-mortem reads on Afghanistan. A few things struck me. Mission creep had been baked in, although much of that was down to the allies partnering with the Northern Alliance and liberal values. The dual nature of Pakistan, which I suspect Pakistan will get punished for in the longer term. The lack of intelligence on the main players involved such as former president of Afghanistan Hamid Karzai

    Beauty

    Skincare Preferences by Generation | NPD GroupDespite the generational differences in skincare preferences, there are also commonalities. At the end of the day, it seems we’re not so different, after all. Whether they are more like my mother or my cousin, we see from consumers across-the-board that they are open to trying new things, are looking for clean ingredients, and simply want skincare that produces results from a brand they can trust. Regardless of the trends driving the category, the demand for efficacy and transparency is here to stay

    Business

    Wolfsburg, we have a problem: How Volkswagen stalled in China | ReutersLast month, though, he said Volkswagen had fixed the problems revealed by the test, that the ructions of the episode had subsided and the carmaker’s Chinese business was recovering. “We have once again clearly one of the safest cars on the market in this segment,” Woellenstein told reporters in July. “We will once again take up the old leadership of the Passat.”But there is quite some ground to regain in the large family car segment. A total of 47,480 Passats were sold in the first six months of this year in China, some way behind the 91,110 Toyota Camrys (7203.T) and 89,157 Honda Accords (7267.T), according to LMC. The figures from the same period of 2019, before the pandemic struck, show how steeply the Volkswagen model has fallen away of late: 91,400 Passats were sold versus 111,968 Accords and 85,396 Camrys. – I am surprised by this, given Volkswagen’s obsession with common platforms

    Xi Jinping Millionaire Relations Reveal Fortunes of Elite – Bloomberg 

    Tata’s rise mirrors the sweep of India’s history | Financial TimesTata is no longer at India’s entrepreneurial vanguard. The likes of Mukesh Ambani’s Reliance Industries and Gautam Adani’s eponymous group, with their investments in telecoms and renewable energy, hold stronger claim to be the “nation builders” of today. These tycoons represent a different way of doing business, one that has prompted much consternation. They lack Tata’s ambivalence about the state, aligning themselves unabashedly with Narendra Modi, and share few of the conservative Tatas’ qualms about “wealth creation for its own sake”.

    Consumer behaviour

    Parents in China are giving their children growth hormones to make them taller | South China Morning Post 

    Biden is sandbagging on immigration – by Noah Smith – Noahpinionthe new American support for throwing open the country’s gates is more broad than it is deep. There’s a real desire to cleanse the stain of Trump’s human rights abuses and flirtation with white-nationalism — to at least be able to say that America is still the Nation of Immigrants, that we still have compassion for the people of the poor countries of the world. But beyond that idealistic impulse, I’m not so sure that most liberals have a strong, enduring commitment to welcoming in as many refugees, asylum-seekers, and economic migrants as possible. 

    One reason is that the Democratic party is increasingly the party of the educated, and to most educated Americans, people like refugees and asylum seekers live in a different world. There’s little natural class solidarity or empathy there. And when it comes to skilled immigrants — the people waiting desperately for that backlog of 100,000 green cards to be processed — well, to most educated Americans, that’s the competition. Both for themselves and for their kids in schools.

    Coronavirus: Singaporeans eye savings with bulk-shopping groups on WhatsApp, Telegram | South China Morning Post – interesting how these groups were informally formed

    Economics

    Beijing’s American Hustle | Foreign AffairsU.S. institutions, especially in finance and technology, cling to self-destructive habits acquired through decades of “engagement,” an approach to China that led Washington to prioritize economic cooperation and trade above all else. 

    If U.S. policymakers and legislators find the will, however, there is a way to pull Wall Street and Silicon Valley back onside, convert the United States’ vulnerabilities into strengths, and mitigate the harmful effects of Beijing’s political warfare. That must begin with bolder steps to stem the flow of U.S. capital into China’s so-called military-civil fusion enterprises and to frustrate Beijing’s aspiration for leadership in, and even monopoly control of, high-tech industries—starting with semiconductor manufacturing

    Why has the gig economy been a disappointment? – by Noah Smith – Noahpinion it seems likely that Uber and Lyft will survive, but not at the scale investors hoped — instead, they’ll mostly be boutique services for the well-heeled. And I expect they’ll probably take a hit to their valuations.

    Ethics

    Engrave Danger: An Analysis of Apple Engraving Censorship across Six Regions – The Citizen Lab

    Apple exports PRC censorship to Hong Kong and Taiwan – Protocol — The people, power and politics of techLiu believes what he calls the “lameness” of Apple’s China filter list suggests Apple might have its own in-house censorship team, because “if it were a Chinese company to provide censorship to Apple, they would’ve done a far better job.”

    China’s Hong Kong Crackdown Sweeps Away Unions, Activist Groups – Bloomberg 

    How Chinese pressure on covid origins probe shocked WHO — and led Tedros to push back – The Washington PostWhen a WHO scientist on a coronavirus origins probe announced in February that the idea that the virus leaked from a lab was “extremely unlikely” and unworthy of further investigation, senior WHO staff in Geneva were shocked. “We fell off our chairs,” one member told the authors. The team in Wuhan appeared to have given in to Chinese pressure to dismiss the idea without a real investigation. Later, when the WHO-China team released a report that again dismissed that scenario, Tedros pushed back, saying that the research was not “extensive enough” and that there had not been “timely and comprehensive data-sharing.” Since then, relations between the WHO and China have nosedived. Chinese officials said in July that they would not accept any further investigation into the origin of the coronavirus in China and accused the United States of pressuring scientists. The WHO last week released a statement that resisted the idea that “the origins study has been politicized, or that WHO has acted due to political pressure.”

    China, the WHO and the power grab that fuelled a pandemic | News | The Sunday TimesIn 2017 Chan crowned her final year in office by welcoming Xi to Geneva. While he was there, she signed an agreement that committed the WHO to working alongside China on health as part of the country’s Belt and Road initiative. It was the first time any UN agency had signed up to the initiative, which seeks to extend Chinese influence and trade in more than 70 developing countries by financing infrastructure projects. The initiative is highly controversial because its critics argue that China uses it to shackle countries, particularly in Africa, to “unsustainable debt” as a way of gaining access to the continent’s raw materials and buying political favours. “I think health is too special to get into the really seedy politics that Belt and Road is part of, and I wouldn’t want the WHO to be associated with it,” Gostin argues. “The cost in terms of human rights and debt, and other adverse events for Africa, was a bridge too far.”

    Hong Kong’s Leader Killed Her City – The AtlanticRegina Ip, a pro-Beijing lawmaker and member of Lam’s cabinet, told me that simply having the laws on the books would provide a “deterrent effect” to protesters, and that the fears of journalists and activists over the curtailing of freedoms were not “completely misguided.”

    Why is advertising still ignoring people in their 50s and 60s? | Campaign – TL;DR lazy generational thinking and ageism

    Finance

    Why Hong Kong’s crypto crown is slipping | Financial Times 

    Facebook (FB) Offers Loans as Tiny as $6,720 to Businesses in India – Bloomberg

    China’s Hong Kong Crackdown: Billions in Retirement Money Blocked for UK Emigres – BloombergChinese authorities consider the BN(O) policy as a “means to destabilize Hong Kong,” said Joseph Cheng, a retired political science professor who left Hong Kong shortly after the security law was imposed. “These people are seen as traitors and fugitives.”

    Luxury

    How the daigou can help new brands | Vogue BusinessThe classic image of the daigou is of an entrepreneurial and well-connected individual who buys global luxury brands on behalf of Chinese clients abroad, where prices are lower and hard-to-find products are more accessible. But the new model daigou is also working closer to home, and mixing emerging Chinese designers with foreign brands. The motivation for the evolution of the daigou’s role comes from a wave of young Gen Z Chinese consumers who are seeking more interesting and affordable fashion and don’t care as much about the name on the label. This is good news for new brands in China – and elsewhere. In a fiercely competitive market, any well-designed brand has the potential to catch consumers’ eyes. What’s needed in the early days of a new brand’s development is an effective sales channel. – Building a similar relationship with daigou, that brands currently have with fashion stylists

    Marketing

    Insight & Strategy: #LikeAGirl | Contagious – on brands taking a leadership position – a great example by Always

    Media

    [Report] Bad News, By Joseph Bernstein | Harper’s MagazineIn the beginning, there were ABC, NBC, and CBS, and they were good. Midcentury American man could come home after eight hours of work and turn on his television and know where he stood in relation to his wife, and his children, and his neighbors, and his town, and his country, and his world. And that was good. Or he could open the local paper in the morning in the ritual fashion, taking his civic communion with his coffee, and know that identical scenes were unfolding in households across the country. Over frequencies our American never tuned in to, red-baiting, ultra-right-wing radio preachers hyperventilated to millions. In magazines and books he didn’t read, elites fretted at great length about the dislocating effects of television. And for people who didn’t look like him, the media had hardly anything to say at all – give this a read

    Inside the Hong Kong Newsroom at the Edge of Autocracy – The Atlantic – SCMP bias on protests

    Security

    COVID slows Apple and Google production shift away from China – Nikkei AsiaAirPods — both entry-level and high-end models — were among the earliest products that Apple began making in significant amounts in Vietnam, having moved production there around two years ago during the height of U.S.-China trade tensions. Apple’s plan to bring some MacBook and iPad production to Vietnam has also been put on hold due to a lack of engineering resources, an incomplete notebook computer supply chain and the dynamic COVID situation, one of the people said. Production of smart doorbells, security cameras and smart speakers for Amazon, which recently moved to Vietnam, has also faced delays since May as assembly lines in the northern part of the country coped with a surge in local cases and tougher COVID prevention measures

    Apple’s NeuralHash Algorithm Has Been Reverse-Engineered – Schneier on Security

    Opinion | We built a system like Apple’s to flag child sexual abuse material — and concluded the tech was dangerous – The Washington PostOur research project began two years ago, as an experimental system to identify CSAM in end-to-end-encrypted online services. As security researchers, we know the value of end-to-end encryption, which protects data from third-party access. But we’re also horrified that CSAM is proliferating on encrypted platforms. And we worry online services are reluctant to use encryption without additional tools to combat CSAM. We sought to explore a possible middle ground, where online services could identify harmful content while otherwise preserving end-to-end encryption. The concept was straightforward: If someone shared material that matched a database of known harmful content, the service would be alerted. If a person shared innocent content, the service would learn nothing. People couldn’t read the database or learn whether content matched, since that information could reveal law enforcement methods and help criminals evade detection. Knowledgeable observers argued a system like ours was far from feasible. After many false starts, we built a working prototype. But we encountered a glaring problem

    Our system could be easily repurposed for surveillance and censorship. The design wasn’t restricted to a specific category of content; a service could simply swap in any content-matching database, and the person using that service would be none the wiser. 
    A foreign government could, for example, compel a service to out people sharing disfavored political speech. That’s no hypothetical: WeChat, the popular Chinese messaging app, already uses content matching to identify dissident material. India enacted rules this year that could require pre-screening content critical of government policy. Russia recently fined Google, Facebook and Twitter for not removing pro-democracy protest materials. 
    We spotted other shortcomings. The content-matching process could have false positives, and malicious users could game the system to subject innocent users to scrutiny.
    – Emphasis in bold is mine

    Technology

    Laptops Shortage Is Easing as Pandemic Demand Wanes – BloombergThe waning demand for PCs will likely last for at least several more quarters. Memory prices are dropping precipitously on fears the chip cycle is over. But it’s good news for anyone looking to buy a laptop, printer, webcam or router. Expect them to be much easier to find in stores this fall. – I am hoping that the price of SSDs will fall again

    Robinhood Q2 earnings: Crypto makes up 52% of company’s revenue — Quartz – would I be right in thinking that there is more derivatives and CFDs of crypto being sold then than there is crypto and could be vulnerable to a market squeeze?

    Intel with an old take on big.little for Alder Lake | EE News EuropeIntel’s next-generation desktop chip, code-named Alder Lake, is the company’s first hybrid architecture to integrate two core types – the Performance-core and Efficient-core. This is similar to ARM’s big.little approach which used a small core optimised for low power consumption with lower performance alongside a larger, higher performance core. Both cores could run the same code depending on the context, avoiding the problems of having a scheduler to allocate tasks to multiple cores. This has traditionally been a limiting factor for the system-level performance of multicore chip designs

    IBM shows first dedicated AI inference chip | EE News Europe – interesting that they fabbed it using Samsung’s 7nm process. It has 22 billion transistors. Indicates a move away from GPUs to put machine learning back on the CPU

    Wireless

    Epic’s Fortnite lawsuit has become a nightmare for Google – ProtocolGoogle ‘estimated in 2019 that it risked losing as much as $6 billion per year if app makers and app store operators banded together with Epic and began creating alternative distribution channels. So instead of offering a superior product, the company muscled its way to a market position now being viewed by U.S. regulators as potentially anticompetitive’ – this might feed into a wider FTC case later on given the focus on revenue. More related content here.