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The Dominos pizza checker is just the beginning workplace surveillance is coming for you | Arwa Mahdawi

The company, which uses a smart scanner to analyse whether food has been made correctly, is far from the only business to use tech to track workers, writes Arwa Mahdawi Hello? Is that Dominos? I would like a large cheese pizza with an ominous side of surveillance, please. Earlier this year, Dominos, the worldwide purveyor of mediocre pizza, introduced a snazzy tool called om Pizza Checker to its Australia and New Zealand locations. According to its website, in-store cameras use advanced machine learning, artificial intelligence and sensor technology to identify…

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I gave away our stuff: the minimalists doing more with less

Growing numbers of people, partly inspired by Marie Kondo, are ditching consumerism for a simpler life Its time to declutter. Fuelled in part by Marie Kondos call to eschew anything that does not spark joy, a growing number of people are questioning whether they are better off with less in life from old jackets stuck under the stairs to unnecessary shopping trips and gadgets that clog up the home, or even a property that is larger than they need. This new push towards minimalism, whereby people live with less, can…

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It’s now easier than ever for US small businesses to go bankrupt | Gene Marks

Reorganizing under chapter 11 of the bankruptcy code has been too onerous and expensive a task but the Small Business Reorganization Act provides relief With the economy relatively strong and most small businesses doing pretty well, this may not seem like the most opportune time to be thinking of bankruptcy. But lets face it: when the economy ultimately turns downwards, many small businesses are going to face financial hardship. And many of those may very well be forced into bankruptcy. In the past the problem has been that getting a…

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Odds and Ends 

PrimaryBid closes $8.6M round for its platform aimed to help retail investors

PrimaryBid, a UK-regulated platform connecting publicly listed companies with everyday investors for discounted share issuances has previously raised $3M. It’s now upped those stakes with an $8.6M funding round, led by UK VCs Pentech and Outward VC with participation from new and existing investors. Craig Anderson, a partner at Pentech, will join the PrimaryBidBoard of Directors with Outward VC having a Board Observer seat. This investment is representative of the trend towards unpacking complex financial investment products for the average person, especially in the UK. The FCA-regulated platform recently made…

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How do you get a loan when your business is in the ‘wrong’ part of town?

A study has found that businesses in lower-income and minority areas received surprise a smaller share of bank loans than those in richer, whiter areas Want to improve your relationship with your banker? The answers easy: just move your business to a nicer part of town. Unfortunately, thats the very real problem faced by many small businesses around the country who are located in lower-income or minority areas. This conclusion was reached in a told the Woodstock Institute. Beard cannot obtain a traditional bank loan so her new business, Marys…

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Odds and Ends 

Startups Weekly: SoftBanks second act

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I noted some challenges plaguing mental health tech startups. Before that, I wrote about Zoom and Superhuman’s PR disasters. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets. If you don’t subscribe to Startups Weekly yet, you can do that here. accelerating its IPO plans and targeting a September listing. We don’t…

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Superyachts and bad art: how Mykonos became the party island of the super-rich

The Greek island has long attracted a glamorous clique, but the influx of billionaires has transformed it into a haven of absurd luxury Theres nowhere to buy a bucket and spade, but you can pick up a 10,000 (9,000) Gucci clutch handbag or a 250,000 piece of graffiti art. This strip of sand, on the south-west coast of the Greek island of Mykonos, is no ordinary beach. Ha ha, no, says Anna, a smartly dressed hostess welcoming guests to Nammos beach club, when I pop by to ask if there…

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A higher US minimum wage is inevitable so businesses better be prepared | Gene Marks

A minimum wage increase will put pressure on everyones compensation, so businesses may have to cave and pay up Over the past few years many localities and cities, from New York City to Seattle, have passed legislation raising minimum wages that employers must pay to $15 an hour. Now, Washington is taking action. If youre a small business owner, you better be paying attention. Bloomberg very recent one from the Congressional Budget Office that show how a minimum wage hike would cost jobs. But there are other studies (like Read…

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Researchers Want to Link Your Genes and IncomeShould They?

The UK Biobank is the single largest public genetic repository in the world, with samples of the genetic blueprints of half a million Brits standing by for scientific study. But when David Hill, a statistical geneticist at the University of Edinburgh, went poring through that data, he wasn’t looking for a cure for cancer or deeper insights into the biology of aging. Nothing like that. He was trying to figure out why some people make more money than others. Along with a team of European collaborators, Hill sifted through the…

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Odds and Ends 

Payment service Toss becomes Koreas newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this deal. Others participating include existing investors Altos Ventures, Bessemer Venture Partners, Goodwater Capital, KTB Network, Novel, PayPal and Qualcomm Ventures. The deal comes just six months after Viva Republica raised $40 million to accelerate growth, and it takes…

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Odds and Ends 

Today in brighter crypto news: SEC says tokens are securities

Crypto news got a little boost last week after a dark month of crashes, stablecoins and birthdays. The SEC ruled that two ICO issuers, CarrierEQ Inc. and Paragon Coin Inc., were in fact selling securities instead of so-called utility tokens. “Both companies have agreed to return funds to harmed investors, register the tokens as securities, file periodic reports with the Commission, and pay penalties,” wrote Pamela Sawhney of the SEC. “These are the Commission’s first cases imposing civil penalties solely for ICO securities offering registration violations.” From the release: Airfox,…

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Odds and Ends 

In venture capital, its still the age of the unicorn

Howie Xu At the time, the piece defined a new breed of startup — the $1 billion privately held company. When Lee did her first count, there were 39 “unicorns”; an improbable, but not impossible number.. Today, the once-scarce unicorn has become a global herd with 376 companies on the roster and counting. But the proliferation of unicorns begs raises certain questions. Is this new breed of unicorn artificially created? Could these magical companies see their valuations slip and fall out of the herd? Does this indicate an irrational exuberance…

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Heres How Much Money You Need To Buy Different Everyday Items In Venezuela (11 Pics)

Crisis-stricken Venezuela is currently in the grip of hyperinflation, the worst case seen since Zimbabwe in 2007-09. By the end of the year, the inflation rate is predicted to top 1 million percent, a staggering large number which the government have attempted to curb by slashing 5 zeros off of the national currency, the Bolivar, and introducing new notes. For some time there will be a mix of notes in circulation, leading to confusing situations about the true price of items and making transactions a nightmare, particularly for poor Venezuelans…

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iOS 11.3 update breaks iPhone 8 devices with third party-repaired screens

Software update disables touchscreen on 700-plus smartphones that have not had their screens repaired by Apple Apples latest iOS 11.3 software update is causing iPhone 8 devices with third-party repaired screens to stop working. Users who have had a screen repair performed by a third party, rather than with Apple, on their iPhone 8 smartphones found that the iOS 11.3 update stopped the touchscreen from working, turn off the slowing down of smartphones related to the battery the storm caused by the so called Error 53, which rendered iPhones useless…

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Sex for rent the rogue landlords who offer a free room in return for favours

As the housing crisis deepens, words such as intimacy and benefits are starting to appear in the to-let columns To the unaware, the true meaning of some of the phrases used on the ads for tenants could be missed. Rooms for rent are offered in exchange for benefits or keeping me company. Others are less subtle free accommodation in exchange for an erotic arrangement. Renting rooms for sexual favours is seen as a growing menace by campaigners, and a byproduct of a housing crisis where young people are unable to…

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