The dream of owning a home is increasingly out of reach


Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions. It’s a phenomenon given wings by the pandemic. And it’s not just buyers — rents are also soaring in many cities. The upshot is the perennial issue of housing costs has become one of acute housing inequality, and an entire generation is at risk of being left behind. 

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Alan Crawford — Bloomberg

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Apple’s Double Agent


On Twitter and in Discord channels for the loosely defined Apple “internal” community that trades leaked information and stolen prototypes, he advertised leaked apps, manuals, and stolen devices for sale. But unbeknownst to other members in the community, he shared with Apple personal information of people who sold stolen iPhone prototypes from China, Apple employees who leaked information online, journalists who had relationships with leakers and sellers, and anything that he thought the company would find interesting and worth investigating.

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Lorenzo Franceschi-Bicchierai — Vice

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Beyoncé’s Evolution


Beyoncé Knowles-Carter came of age during that digital revolution, and knowing how to navigate that dissonance is part of her artistic superpower. She has built her company, Parkwood Entertainment, into a media conglomerate that includes a fashion line, IVY PARK. She is now a mother of three, to nine-year-old Blue Ivy and four-year-old twins Rumi and Sir, with husband JAY-Z. The iconic couple has just been named the new faces of Tiffany & Co., which was acquired earlier this year by LVMH and is relaunching under its auspices. And she is working on new music along with an array of other projects that promise to obliterate old boundaries and vault her further into uncharted territory.

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Kaitlyn Greenidge — Harper’s Bazaar

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The empty office: what we lose when we work from home


They also missed their humming rituals. As the meetings moved online, two-thirds of the respondents said they wanted to explore new ways to create rough consensus. “We need to figure out how to ‘hum’ online,” said one member. So the IETF organisers experimented with holding online polls. But members complained that virtual polls were too crude and one-dimensional; they crave a more nuanced, three-dimensional way to judge the mood of their tribe. “The most important thing to me about a hum is some idea of how many people present hummed at all, or how loudly. Exact numbers don’t matter, proportionality does,” said one.

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Gillian Tett — The Guardian

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Mark Bittman’s history of why we eat bad food.


We are all guilty of this. Powerful forces are at work.

As Bittman notes, the calories have to go somewhere, and—thanks in no small part to the advertising industry, which attached itself to the food industry like a remora to a shark—they went inside us; we look the way we do because of the need for the Krafts and Heinzes of the world to keep their profit margins growing by finding new ways to get us to consume their limited line of basic commodities. “Global sugar consumption has nearly tripled in the past half-century,” he writes, and so has obesity; the number of people worldwide living with diabetes has quadrupled since 1980. “Two thirds of the world’s population,” Bittman tells us, “lives in countries where more people die from diseases linked to being overweight than ones linked to being underweight.”

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Bill McKibben — The Nation

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Facebook Is a Global Mafia


What does Facebook want? To never pay a penny in taxes or fees, for starters. But the larger answer seems to be that Facebook wants the right to devour a country’s advertising market and freely tinker with the algorithmic dials governing what millions of people see. Anything that stands in the way of their autonomy to set a population’s informational intake—or that threatens to undermine the bottom line—is considered a threat. Facebook’s response in Australia shows that it’s not afraid to go nuclear to protect its market dominance and tens of billions in annual profits—a move that implicitly acknowledges that the company has too much power.

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Jacob Silverman — The New Republic

The New Americans


Here, in other words, was Occupy Wall Street in action, but maybe a hundred times more effective: ordinary people protesting against the financialization of the U.S. economy by taking collective action to squeeze the short-sellers, saving companies they cared about and saving thousands of jobs belonging to the people who work at those companies, while forcing the suits to disgorge some part of the money they were making by treating the market like a giant video game and squeezing the life out of companies for profit. Give the money back to the people! And hats off to them boyz and girlz willing to show their faith in collective action by putting their measly day-trading accounts on the line. What a perfectly American act. What a demonstration of collective solidarity in action at a time of increasing social atomization and economic suffering, in the dead of winter, in the middle of a pandemic—why, I could just go on and on and on. …

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David Samuels — Tablet Magazine

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The death of the city


“The skyscrapers and office buildings in the city centers that used to be our most valued real estate have become places people avoid out of fear of infection,” Bloom said. “I don’t see people growing comfortable with packed subway trains and elevators, and firms aren’t going to want to open and close every time there’s a wave.” “It’s the fear of the virus that keeps people at home,” said Sven Smit, senior partner at McKinsey & Company and co-chair of the McKinsey Global Institute. He added that while it was too early to be certain the shift would stick, “the tendency [for longer-term change] is there.”

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AITOR HERNÁNDEZ-MORALES, KALINA OROSCHAKOFF, JACOPO BARIGAZZI — Politico

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The reason Zoom calls drain your energy


Being on a video call requires more focus than a face-to-face chat, says Petriglieri. Video chats mean we need to work harder to process non-verbal cues like facial expressions, the tone and pitch of the voice, and body language; paying more attention to these consumes a lot of energy. “Our minds are together when our bodies feel we’re not. That dissonance, which causes people to have conflicting feelings, is exhausting. You cannot relax into the conversation naturally,” he says.

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Manyu Jiang — BBC

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How to Keep Complaints from Spreading


Which tactic worked best? Apologies and requests to switch to a private channel generally lowered virality, as long as they were communicated right away. Offering to compensate an unhappy customer had the opposite effect—a result that took the researchers by surprise. Expert opinion is mixed regarding the use of compensation as a service-recovery tool; it might ease a complaining customer’s frustration, the researchers say, but if companies suggest compensation immediately, other members of the community may see it as an opportunity to post a complaint in the hope of receiving something from the company themselves.

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Dennis Herhausen, Stephan Ludwig, Dhruv Grewal, Jochen Wulf, and Marcus Schoegel – HBR

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