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.

  • ORAN problems & other news

    ORAN

    O-RAN in uncertain futureAlthough Europe’s four major telecom operators – Vodafone, Orange, Deutsche Telekom, and Telefonica – had signed memorandum of understanding on the implementation of Open RAN (ORAN) based networks in Europe in early 2021, Rakuten Mobile’s ongoing operating losses have put uncertainty to ORAN’s future. Rakuten Mobile is the only major telecom operator to adopt the ORAN architecture for its 5G network, but the financial results of the company for the first quarter of 2021 showed an expansion of 265% on year in its operating losses to JPY97.2 billion (US$880 million), the largest in the past five quarters. The company’s operating margin also reached negative 141.7%, down 77.4% on year. However, Rakuten Mobile’s revenues still grew JPY19.1 billion and 38.5% from a year ago to JPY68.6 billion for the first quarter of 2021. The figures show the company has continued to see its mobile business growing, but the high costs from its operation kept the company suffering losses. – so what are the hidden costs of ORAN? What is different about this ORAN situation conceptually to the use of white boxes in complex enterprise IT systems? Would this question have pointed towards the kind of problems that ORAN has been encountering?

    Banking

    US Graduates Are Snubbing Junior Banker Jobs Citing Work-Life Balance – I think that they will be replaced by candidates from China, India and other countries instead

    Consumer behaviour

    Men are much less likely to read books by women | Canvas8male readers are significantly less likely to opt for fiction books written by women. Of the top ten best-selling female authors, including Jane Austen, Margaret Atwood, and Danielle Steel, only one of five readers are male, whereas for the top male authors, including Charles Dickens and JRR Tolkien, 45% of readers are women. Meanwhile, data on Goodreads shows that enjoyment levels are not impacted by sex – on Goodreads, men give an average rating of 3.9 out of 5 to books by women while they give books by men an average of 3.8 – Sieghart’s interpretation of the data misses a key assumption that many women authors write books that don’t appeal to the majority of male readers interests, where as she assumes that they are not accorded as much authority as male ones. Those that do enjoy the kind of content that these women authors write find as much enjoyment in it. Examples of authors that cross the gender popularity gap include Gillian Rubinstein (aka Lian Hearn), Ursula Le Guinn and JK Rowling. TL;DR – sometimes its the product doesn’t float their boat rather than sexism

    In case you didn’t notice, nationalism in China at the moment is a bit cray – by Kevin Carrico – NSL can’t cancel me – TL;DR some Chinese academics believe that the US could have used a ‘Ming the Merciless’ style weather weapon to cause floods in China. A good number of Chinese netizens find this credible. Nationalism and gaslighting is a dangerous combination

    Screen Use Strongly Linked to Failing Eyesight in ChildrenAfter over a year spent indoors staring at movies, TV, and video games, scientists say that near-sightedness and other vision problems are skyrocketing among children

    Economics

    The young ‘lie flat’ as China’s growth model begins to fray | Financial Times – the money quote in this article for me is “The bulk of China’s population is doing worse in net terms as housing affordability continues to worsen and access to education and health becomes ore and more costly” – sounds like a lot of western developed economies. The key question is what impact this unfairness might have on the relationship between the populous and the communist party of China

    Germany

    Handel mit China: Braucht Deutschland eine Wende? | Frankfurther Allgemeine Zeitungthere are more important things than doing good business in China. Germany’s foremost business paper editorial swipe at Angela Merkel and selected big German enterprises (Daimler Benz, Deutsche Bank, T Systems and Volkswagen Audi Group)- short of name checking them with IG Farben I couldn’t see what else FAZ could do

    Innovation

    China’s CATL unveils sodium-ion battery to diversify from lithium — Quartz – this was going to have to happen sooner rather than later due to the challenge of sourcing lithium. It will be interesting to see how recyclable these batteries are

    Japan

    China and South Korea car makers vying for SE Asia EV market – surprising that Japan isn’t in the mix given their factories in the region? For instance, Toyota has a major plant in China

    Saitama man repeatedly steals food from store by making his phone say “PayPay♫” | SoraNews24 -Japan News- – clever mix of social engineering and mobile payments in Japan

    Legal

    UK’s Draft Online Safety Bill Raises Serious Concerns Around Freedom of Expression | Electronic Frontier Foundation – which attempts to tackle illegal and otherwise harmful content online by placing a duty of care on online platforms to protect their users from such content. The move came as no surprise: over the past several years, UK government officials have expressed concerns that online services have not been doing enough to tackle illegal content, particularly child sexual abuse material (commonly known as CSAM) and unlawful terrorist and extremist content (TVEC), as well as content the government has deemed lawful but “harmful.”

    2022 Beijing Olympics: Sponsors Grilled on China Human Rights Abuses – Variety – AirBnB, Coca-Cola, Intel, Visa and Procter & Gamble are going to have a bumpy ride in their home market

    Two arrested over online calls for boycotts, threats against Hong Kong broadcaster TVB | Hong Kong Free Press HKFPcontinuously and widely disseminated a large amount of messages through social media groups and pages, intending to smear the media organisation, and also to use threatening means to pressure different advertisers into stopping advertising with this media. [Their] goal is to cause reputational and financial damage,” said Superintendent Wilson Tam of the Cyber Security and Technology Crime Bureau. – sounds like what pro-Beijing politicians have done on several occasions. Angry emojis organised was seen to be criminal damage

    Marketing

    Internet backlash against Fila sportswear after Hong Kong badminton player seen drenched in sweat | Hong Kong Free Press HKFP – that has screwed Korean owned Fila brand in terms of clothing performance

    FundFemme – I think what the site is trying to do is good. The thing I don’t like about this is the cynical approach of WundermanThompson who are trying to distract and run crisis comms on their unfair dismissal of Chas Bayfield and Dave Jenner. The domain was registered on June 30th via Squarespace

    Security

    Chinese hacking group APT31 uses mesh of home routers to disguise attacks – The Record by Recorded Future 

    Phantom Warships Are Courting Chaos in Conflict Zones | WIREDBergman has found no evidence directly linking the flood of fake AIS tracks to any country, organization, or individual. But they are consistent with Russian tactics, says Todd Humphreys, director of the Radionavigation Laboratory at the University of Texas at Austin. “While I can’t say for sure who’s doing this, the data fits a pattern of disinformation that our Russian friends are wont to engage in.”

    Streetwear

    Foot Locker targets Japan and sneakerheads with atmos purchase — Quartz – I can understand why Hidefumi Hommyo would want to sell, but I do wonder if the heat will move on from Atmos now the with the footlocker buy. More related content here.

  • Michael Malone & things this week

    Michael Malone

    Michael Malone was famous to me as a writer on the San Jose Mercury News online site. Michael Malone had been a long time writer on the paper and chronicled all the happenings in Silicon Valley. Michael Malone is now the co-host of The Silicon Insider podcast. In the past he has written numerous books covering different parts of the history of Silicon Valley. So he has a unique perspective on the place and the technology sector.

    Michael Malone was interviewed by NBC reporter Scott Budman on behalf of the Computer History Museum based in Silicon Valley.

    Dune trailer

    Denis Villenueve is the director that Hollywood seems to trust with difficult to tell films like the Blade Runner sequel. He is also the director who is likely to get closest Alejandro Jodorowsky’s attempt to film Dune in the mid-1970s. Green screen and digital cinema offer Villenueve tools that Jodorowsky could only have dreamed of four decades earlier.

    Junk sleep

    US speciality retailer Mattress Firm is doing a couple of new things with its adverts featuring Lev Schreiber. First of all was the concept in the creative of ‘junk sleep’ that reminded me of J Walter Thompson’s early work for Odorono, an early anti-perspirant that invented the concept of ‘body odor’ from a marketing perspective. People had always been smelly, but it was JWT that broached the subject in the adverts.

    https://youtu.be/WudcydXGWLI

    Junk sleep feels like a similar type of concept. As a strategist, I like the concept. The second aspect is the trippy nature of the ads which captures the feeling of sleep deprivation really well.

    Apple watch

    Apple put together a fun ad for health tracking on the Apple Watch. It gets over many of the activities that the Apple Watch can track.

    https://youtu.be/RkRQ_aykXw8

    It reminded me (unintentionally) of The Court of King Caractacus, made famous by Australian entertainer Rolf Harris. Harris had a five decade career in show business that ended in ignominy when he was convicted for 12 indecent assaults on against four girls.

    Emirates and Qatar Airways

    COVID-19 disrupted the airline industry since people weren’t flying. The asymmetry of opening up seems to be hammering the Middle East airline ‘super hub’ model according to this video by Sam Chui. Chui posits that super hubs offer the opportunity for a super spreading event and there is likely to be an uptake in customers wanting to fly direct in the immediate aftermath of COVID-19.

    If this is true, then there will be a knock on effect for duty free retailing and luxury sales as well.

  • TSMC analysis + more news

    TSMC analysis by DigiTimes

    Taiwanese technology industry publication DigiTimes has some some great ‘state of the industry’ analysis pieces. They have placed Taiwan Semiconductor Manufacturing Corp. aka TSMC at the centre of this.

    TSMC dossier (4): Technology contention among world-class leaders | DigiTimes – size of process is only part of the story. Interesting data on how TSMC, Samsung and Intel compare in terms of node transistor density by wafer foundry

    TSMC dossier (6): Possible ways to defeat the world’s top foundry houseTSMC’s concern is not getting surpassed in process technology or losing key customers but being overtaken by someone figuring out how to combine quantum technology and IC design. In-memory computing becoming a reality might be another scenario where TSMC could lose its competitive edge. However, according to Yu-Chung Lin, a DIGITIMES consultant devoted to the study of quantum technology application trends for years, large-scale commercialization of quantum technology is unlikely to happen before 2025. In-memory computing comes with high costs. If Samsung with leading-edge memory technologies really makes a breakthrough, TSMC will have to brace for challenges

    China

    The EU’s unsustainable China strategy | Chatham House – International Affairs Think Tank – really good read from Chatham House

    DiDi’s Troubles, Tweets of the Week (Corruption, Waluigi+Mao, Fish Hugging, Which Chinese Ministry Works the Hardest?) – by Jordan Schneider – ChinaTalk – interesting commentary on China’s regulatory environment, not so great news for western investors

    Consumer behaviour

    Mediatel: Mediatel News: Attention Revolution: a new column by Professor Karen Nelson-Field

    Recommitting to Trust | Edelman 

    Economics

    The Economic Fundamentals of Chinese Communism’s Successes and Failures by Nancy Qian – Project Syndicate 

    Germany

    China-Konzern will deutsche Gaming-Firma kaufen: Wegen Kriegs-Simulationssoftware? – Politik Ausland – Bild.de – Tencent is planning to take over the German game developer Crytek – but Bild reports they hope to use the “CryEngine” developed by Crytek to produce war simulation programs for the Chinese army

    Hong Kong

    Fall of Hong Kong’s opposition camp: mass arrests in era of protests and national security law – really nice visualisation showing the 173 activists including 108 district councillors have been arrested since 2019

    Leung Kin-fai and the question of condemning violence – by Kevin Carrico – so much in this essay to unpack

    Hong Kong’s national security trial debates Malcolm X’s legacy — QuartzLeung argued that forceful and peaceful resistance can play complementary roles in a social movement, invoking Martin Luther King and Malcolm X as representing the two different styles of resistance in the US civil rights movement. In that 2016 interview, Leung also advocated for protesters to use a level of force that’s equal to that of the police. It’s an idea that evokes another line in Malcolm X’s “The Ballot or the Bullet” speech: “I’m non-violent with those who are non-violent with me.” – so the Hong Kong government is not only oppressing its own people but suggesting that African Americans should have been jailed as national security risks?

    Ireland

    Irish language introduces new term for people of color | IrishCentral

    Legal

    Translation: Cybersecurity Review Measures (Revised, Draft for Comment) – July 2021 | DigiChina

    Luxury

    Defying conventions, Chinese millennials turn to watches | Vogue Business – “There are lots of common points among women who are enthusiastic about watches, including financial and intellectual independence, and having a refined attitude towards shopping luxury goods,”

    Luxury is culture now. Here’s how | Vogue Business – Vetements has teased a rebrand as a platform for young talent. Gucci spotlighted 15 emerging brands including Collina Strada and Bianca Saunders at November’s GucciFest film festival. Saint Laurent recently teamed up with Bang & Olufsen, Baccarat and JL Coquet on a lifestyle product series. Luxury brands no longer sell just their brand. In a new era of consumer expectation for shared values, brands are curating platforms to function as tastemakers to extend their own brand halo into the wider cultural world

    Marketing

    Dunkin’ drives audio ad results by matching background music to listeners’ tastes | Marketing Dive – this did make me wonder about brand. In particular the role of audio branding and about the role of jingles in culture.

    Splash and Dash; Ford Fragrance Shows Petrol Fans They Won’t Miss out with Mustang Mach-E GT | Ford of Europe | Ford Media Center – as a non-driver I miss the ritual of going to the petrol station and filling the tank. As a kid I loved accompanying my Dad to do it.

    Till Jagla adidas Collab King Exclusive Interview: Why He Left“Now Energy is a new hype creation unit that really puts storytelling at the heart of everything we do,” says Jagla. “It was literally starting a brand within a brand. It was all the bad and ugly of the startup brands.”

    Media

    Cannes Film Festival, Risking China’s Ire, to Screen Hong Kong Protest Documentary – WSJ – Hollywood has been trying to court China. This feels like they’ve given up the ghost on this.

    GB News in crisis as exec quits and presenter is pulled for ‘taking the knee’ | The Guardian – GB News – set up on the basis that free and open debate is no longer possible in the mainstream media due to an all-pervasive “cancel culture”, was overwhelmed with complaints that after only a few weeks on air it had gone “woke” and its content was not sufficiently rightwing.

    Online

    How Vietnam’s ‘influencer’ army wages information warfare on Facebook | Reuters

    Financial services advertisers in the UK must meet Google verification requirements by August 2021 – how on earth will YouTube survive? Unless Google sets the bar really low, or those ‘forex training courses’ count as education. But then, that’s how OneCoin managed to get around their problems as well. This might not be the panacea that Google would want it to be seen as.

    Pluralistic: 15 Jul 2021 – Pluralistic: Daily links from Cory Doctorow – interesting thread on how Facebook has disbursed its Crowdtangle analytics team. The reality is that social monitoring tools have been going dark for years. Most of them disproportionately rely on Twitter. Twitter has an outsized importance for its audience size due to it being favoured by journalists. Doctorow’s post however looks specifically at these Facebook moves

    Security

    We Got the Phone the FBI Secretly Sold to Criminals | Vice 

    Philippines calls claim China influenced 2016 election to favour Duterte ‘nonsense’ | South China Morning Post – Former foreign secretary Albert del Rosario made the claim at a forum on Monday, citing a ‘most reliable international entity’. He said senior Chinese officials were ‘bragging that they had been able to influence the 2016 Philippine elections so that Duterte would be president’ – I wouldn’t be surprised if China did try to influence the election result. However I am surprised that Chinese officials would be so indiscreet. The risks of that getting back to Beijing are too great, unless they wanted to be found out

    Threat to UK from hostile states could be as bad as terrorism, says MI5 chief | The Guardian – while the threat from Russia, as demonstrated by the poisoning of the Skripals in Salisbury, is familiar to the British public – the spy chief will argue that threats that typically come from China are not. McCallum will say that universities and researchers risk “having their discoveries stolen or copied” if they are not vigilant and that businesses could be “hollowed out by the loss of advantage they’ve worked painstakingly to build”.

    Technology

    Russia to Build 8-Core RISC-V CPUs for Laptops, Government Systems – ExtremeTech

  • WeChatlization

    WeChatlization is a term that I heard from Xinhua News journalist Wang Zichen. He shared the term on a stream of tweets that I have compiled into a quote below.

    If nobody has said this before, I am gonna coin the term WeChatlization: a growing number of Chinese public discourse is increasingly going – firstly if not exclusively – to the WeChat part of the Internet, at the cost of the traditional Google/Baidu searchable World Wide Web.

    The numerous and increasing amount of 微信公众号, called by WeChat itself as WeChat “Official Accounts” but in fact WeChat blogs, are gradually eroding the territory of traditional dotcom Internet sites.

    WeChat blogs are effectively not searchable via traditional search engines like Google or Baidu. So for the purpose of getting information, one gotta adapt to the change.

    Example No.1: the World Peace Forum starting today at Tsinghua University in Beijing doesn’t appear to have an updated dotcom, dotedu, or whatever site, but you will find the list of speakers at their WeChat blog

    Wang Zichen via Twitter.

    WeChatlization poses a number of challenges to the rest of the world and the open web. It makes information harder to find than the open web. It cripples opportunities for other Chinese information startups. Its not healthy, but then neither is Meta. Which brings us to our next point WeChatlization isn’t a new phenomenon. Prior to the open web taking hold there were closed communities on CompuServe, Prodigy and even AOL. For the duration of Yahoo! Messenger, there was a vibrant community underpinning the brokerage of oil to fuel ships.

    Outside of China you see media and communities that only exist, or publish first on Facebook. This is particularly true for lifestyle as well as current affairs based communities. Both of which are just as opaque to search engines as WeChat. Like WeChat, Facebook’s internal search mechanism leaves a lot to be desired.

    Prior to that there was a similar phenomenon with MySpace and Friendster. For many years after its peak in popularity, MySpace still hosted a vibrant community of HR professionals attached to the CIPD.

    You seem a similar phenomenon in AltspaceVR, a Microsoft owned VR social network that has hosted in-platform only business conferences. You have had similar kinds of happenings in games like Fortnite and both American electioneering and Hong Kong political protests happened virtually in Animal Crossing.

    All of this puts the communities under the arbitrary rules of the platform owner, be it the constraints that support an authoritarian government or a rapacious online advertising model. The ethics challenge the perception of open communications that these platforms allege to promise each other. More related content here.

  • Female voices impact + more news

    Pinay female voices power

    The Philippines’ secret weapon against Chinese incursions | The Economist – having women radio operators seem to be more successful and less likely to rise tensions, seems to be down to training and the nature of female voices. It reminded me of how early HCI experiments by DARPA found that jet fighter pilots responded best to ‘mature’ female voices on warning alerts. An interesting aside is that the radio altimeter on Airbus aircraft actually use an English mature male voice instead.

    Academic research gives us an idea of what kind of female voices are likely to be more effective. Maybe this authority is conveyed by the female radio operator training and the female voices selected by the Coastguard?

    Women with masculine voice are perceived to be more rational and persuasive than those with feminine voice. In addition, masculine voice is rated as more competent than feminine voice, regardless of the actual gender 

    It’s not What It Speaks, but It’s How It Speaks: A Study into Smartphone Voice-User Interfaces (VUI) by Jaeyeol Jeong & Dong-Hee Shin of Department of Interaction ScienceSungkyunkwan University, Seoul,Korea (2015)

    Other research suggested that a preference for female voices occurred over time, this might be due to technological change in voices. The heavily synthesised ‘Speak n Spell’ type voices were male, better technology allowed for great choices and detail in female voices to be conveyed.

    …the survey found that people preferred human-like, happy, empathetic voices with higher pitches. However, these preferences were not static; for instance, user preference for voice gender changed over time from masculine voices to more feminine ones. Based on these findings, the researchers were able to formulate a high-level framework to classify different types of interactions across various computer-based technologies

    The role of computer voice in the future of speech-based human-computer interaction – Tokyo Institute of Technology

    Other research that it is attitude rather than a female voice that matters. Which begs the question is it compliance to the radio operator training rather than a female voice that is more important in this context? Filipino culture has a certain amount of machismo and having female voices delivering the radio instructions might be a way around this dilemma.

    introvert participants rated the introvert computer voice as more attractive, credible, and informative, while the extrovert participants rated the extrovert voice more highly. Expanding on these findings, it was found that the personality conveyed by the voice was the dominant percept

    Voice as a design material : sociophonetic inspired design strategies in Human-Computer Interaction by Selina Sutton, Paul Foulkes and David Kirk of the University of York presented at CHI Conference on Human Factors in Computing Systems Proceedings (CHI 2019). (PDF)

    The use of female voices in this way could be accused of playing to sexist tropes

    China

    Another day, another reminder of how Brand China has deteriorated – Fawning and complacent, the West has eased China’s path to power | The Sunday Times – while the statement is true, it also shows how much the tone has changed towards China amongst UK political elites

    China goes on the defensive as Covid vaccine diplomacy backfires | The Times – Beijing’s hopes of winning favour by helping the world’s poorer nations out of the pandemic have been hamstrung by questions over the efficacy of the jabs on offer

    Alleged assault on scientists overshadows China’s space race success | Financial Times – Police detained Zhang Tao, chair and party secretary at China Aerospace Investment Holdings, for his alleged attacks on Wu Meirong and Wang Jinnian last month, the state-run Xinhua news agency reported on Tuesday. Wang and Wu had refused to recommend Zhang for membership of the International Academy of Astronautics, a Stockholm-based group that recognises distinguished scientists

    For China’s Business Elites, Staying Out of Politics Is No Longer an Option – The New York TimesThe Chinese internet immediately savaged Didi and Ms. Liu — and then Mr. Liu. A hashtag, #Didiapppulledfromappstores, which was started by the official People’s Daily, was viewed more than one billion times over a 24-hour period on the Chinese social media platform Weibo. Weibo users called Didi a “traitor” and a “walking dog of the United States.” They urged the government to also punish Mr. Liu for selling out national interests

    Underground front: the Chinese Communist Party in Hong KongContinuing to operate secretly in Hong Kong can only cause unnecessary discomfort. Hong Kong people already accept the CCP’s undoubted authority in leading the affairs of state. While the party appreciates that Hong Kong needs to function differently from the mainland, its basic instincts, which are Leninist in nature, make it difficult for the party apparatus not to over- extend its reach into the city’s public affairs. The sharpest point of departure between the party’s way and Hong Kong’s way arises from their different governing experience. (PDF)

    Consumer behaviour

    Japanese fax fans rally to defence of much-maligned machine | Japan | The GuardianMembers of the resistance said there were concerns over the security of sensitive information and “anxiety over the communication environment” if, as the government had requested, they switched exclusively to email. Japanese ministries and agencies use faxes when handling highly confidential information, including court procedures and police work, and the Hokkaido Shimbun said there were fears that exclusively online communication would result in security lapses

    Patriotism Abroad: Overseas Chinese Students’ Encounters With Criticisms of China – Henry Chiu Hail, 2015research on international education suggests that host country students’ lack of interest in talking to international students is a major cause of international student segregation. Some Chinese international students, however, complain that although host students want to talk with them about China, they often exhibit misinformed, prejudiced and offensive views of Chinese current events. This has occasionally led to tensions between Chinese international students and host communities. Drawing on interviews and open-ended surveys of Chinese students at an American university, this study shows a variety of positive and negative cross-national interactions and uses social identity theory to explain why tensions may arise. Negative reactions to hearing criticism of one’s home country are often motivated by concerns for status, loyalty, harmony, or utilitarian politics. However, fostering a common group identity and the perception of mutual benevolence among students from different countries can promote positive cross-national interaction. Furthermore, international students may learn more about democracy and human rights through observing the host society rather than directly discussing these topics with host country members – basically the delta between western perceptions of China, versus domestic Chinese propaganda is going to drive that wedge deeper. Universities have Chinese students purely for the money as there is minimal wider benefit to their domestic student body. Which begs wider questions about the purpose and morality of many western third level education institutions

    Culture

    Trese: the true crime and folklore behind Netflix’s… – The Face – it reminded me of the animated Blade series and Ghost in The Shell. The Philippines could be an anime powerhouse

    Finance

    China’s Big Tech Crackdown Puts Dozens of U.S. IPOs at Risk – Bloomberg“The Chinese government could have stopped the IPOs from happening, like how they did with Ant,” said Sharif Farha, a Dubai-based portfolio manager at Safehouse Global Consumer Fund. “Instead, they allowed global investors to take pain, and consequently have broken trust with a lot of foreign investors. While we did not participate in any of these listings, we would imagine that several funds would consider exiting.” – it makes the Goldman Sachs ICBC deal look even more sketchy

    China Mulls Closing Loophole Tech Giants Use for U.S. IPOs – Bloomberg – on one hand I get it. Mainland Chinese are creating bubbles in areas like property and have poor returns because they don’t have stocks or ETFs that they can invest in. On the other hand this burns early stage foreign investors to the ground as they can no longer exit their money from China.

    Tell me lies, tell me sweet little VIEs | Financial Times – not terribly surprising. VIEs are the vehicle that Chinese companies use to go public abroad

    Chinese companies listing in the U.S. like DiDi face audit concerns – Protocol – basically you don’t know what you’re buying

    UK advertising watchdog to crack down on misleading crypto marketing | Financial Times

    Hong Kong

    Vitasoy faces boycott in mainland China following stabbing in HK | PR | Campaign AsiaFollowing the incident, an undated internal memo was circulated among Vitasoy employees expressing condolences to Leung’s family. A translated version of the memo, which leaked onto Chinese social media, mentions that “human resources has contacted [Leung’s] family and will follow up and provide assistance when needed.” The internal memo proved controversial, as Chinese social media users accused the brand of condoning violence and defending anti-China sentiments. – the red guard are already here. This wasn’t an endorsement of his act, but sympathy with the loss and grief that his parents must be feeling as they try and make sense of his actions.

    Crypto Keepers’ NFT-Backed Drama Series Hatched by AMM Global – Variety – the production company spun out of Hong Kong’s Asia Television – a former free to air TV station. Meanwhile in the UK, I heard that a production company is looking for people how have lost the password to their cryptocurrency wallet.

    Ideas

    If you hate the culture wars, blame liberals – Kevin Drum ….Over the last four years, white liberals have become a larger and larger share of the Democratic Party….And since white voters are sorting on ideology more than nonwhite voters, we’ve ended up in a situation where white liberals are more left wing than Black and Hispanic Democrats on pretty much every issue: taxes, health care, policing, and even on racial issues or various measures of “racial resentment.” So as white liberals increasingly define the party’s image and messaging, that’s going to turn off nonwhite conservative Democrats and push them against us. 

    ….If Democrats elevate issues or theories that a large minority of nonwhite voters reject, it’s going to be hard to keep those margins….Black conservatives and Hispanic conservatives don’t actually buy into a lot of these intellectual theories of racism. They often have a very different conception of how to help the Black or Hispanic community than liberals do – well worth a more in-depth read

    Culture Wars are Long Wars – The Scholar’s StageDemocrats under 40 take socialism very seriously. The Great Recession was their formative event; the old orthodoxy did not seem equal to the fear and heartache it caused. Thus, gradually, the younger cohorts have been won over to the socialist cause.5 All that keeps the socialists at bay is the power of their elders. That power cannot last. At some point in the next decade the transition point will arrive. Gradually will become suddenly, and America’s most popular party will be openly run by socialists – I don’t agree with a lot of the post, but it provides an interesting prespective

    Bristol Unpacked on whether white working class people are shut out of the equality debate, with Hartcliffe’s award winning filmmaker Paul Holbrook – The Bristol Cable – far too short a discussion session as podcast, it felt like they were just scratching the surface with this recording

    Erik Prince Had Pitched $10 Billion Private Army in Ukraine: Time – everything he does seems like it’s taken from the plot from William Gibson’s sprawl trilogy

    Innovation

    Institute for New Economic Thinking | How Intel finkncialised and lost its leadership in semiconductor technologyThe root of Intel’s failure in organizational integration lies in the financialized character of a third social condition of innovative enterprise, strategic control. Accepting stock yield as the measure of enterprise performance, in recent years Intel’s senior executives who exercise strategic control have lacked both the incentive and, increasingly we would argue, the ability, to implement innovative investment strategies through organizational integration. 

    Executive stock-based pay, in the form of stock options and stock awards, has created incentives for Intel’s CEOs to do large-scale buybacks to give manipulative boosts to the company’s stock price. Table 3 documents the total compensation, including realized gains from stock options and stock awards, of Intel’s CEOs over the past three decades

    Ireland

    Irish Times under fire for page of China propaganda | Ireland | The Sunday TimesThe newspaper, whose rate card sets a full-page colour ad at €34,000, ran the paid-for-content on page five of its news section under an “advertisement” heading last Thursday. The accompanying article by He Xiangdong, the Chinese ambassador, claimed the CCP enjoyed “solid” support from its people, and highlighted China’s vastly improved standards of living in recent decades – propaganda from draconian empires doesn’t go down that well in Ireland

    Luxury

    Supreme Italia Founders Sentences to Jail in Court | High Snobriety – this has been running for a long time. The key challenge was that they were headquartered in the UK. They could have got around this by being headquartered in a market that allows first registration as legitimacy for brands. More related content here.

    Philippines

    Duterte’s Pivot to China Yet to Deliver Promised Billions in Infrastructure – Bloomberg – from a Chinese communist perspective, why should they? They aren’t that good at being good to their word. Secondly, they are likely to view the Duterte regime as a vassal state and are getting everything they want out of the Philippines anyway

    Security

    Update Regarding VSA Security Incident | Kaseya – over 1,500 companies affected

    Code in huge ransomware attack written to avoid computers that use Russian, says new report – which begs the following questions / hypotheses? Are they in cahoots with Russian government? Was it that they didn’t want their own lives disrupted? Or are they petrified of the Russian security services coming after them, but relatively sanguine about foreign security services and law enforcement

    Technology

    The AI Wolf that Refuses to Play the Game Goes Viral – Google Docs – surely an issue of game design in terms of the way behaviours were rewarded and penalised rather than machine learning?

    The Tech Cold War’s ‘Most Complicated Machine’ That’s Out of China’s Reach – The New York Times – a great profile of ASML

    Musk has ‘mesmerised’ UK over electric power, says JCB chair | Financial Times – there’s a lot not to like about Lord Anthony Bamford, but I agree with him on this. Companies like BMW managed to extend this to cars. Bamford should be pitching this where there are hydrogen power plans like ireland