Apr
04

Hot startups like Bird, Wonderschool, and ZipRecruiter have been doing layoffs via massive video calls. Here's the humane process you can follow instead.

Shayanne Gal/Business Insider
Layoffs at some high-profile startups — including Bird, Wonderschool, and ZipRecruiter — were announced via mass video calls.Experts say that's hardly best management practice.Even during an extended period of remote work, you can conduct layoffs with respect and compassion. One strategy is to arrange one-on-one meetings with managers and employees.Mishandling layoffs could hurt a brand's reputation in the long term.Click here for more BI Prime content.

On March 27, employees at the buzzy scooter startup Bird were invited to a 30-minute Zoom meeting titled simply, "COVID-19 Bird Update."

Within a few minutes of the meeting start time, Dot.LA reported, an unidentified member of Bird's staff came on the line (there was no video) to announce that management had been forced to make difficult decisions in the midst of the coronavirus pandemic and the economic recession. One of those decisions was eliminating some roles.

Immediately after the message was delivered, employees said, their company-issued laptops restarted and they no longer had access to their computers. Some of those people told Dot.LA that they weren't certain what had happened until they saw a TechCrunch article about the layoffs.

Ultimately, 30% of Bird's staff was laid off. The company had raised $275 million in funding several months ago.

Bird is just one example of startups — including the childcare startup Wonderschool and the employer marketplace ZipRecruiter — that have conducted layoffs via mass videoconference in the last few weeks.

These videoconference layoffs have elicited strong emotions from former employees.

"I find a lot of the actions that took place on Friday horrendous," former Bird employee Jenny Li Alva wrote in a Medium blog post. 

Bird's CEO, Travis VanderZanden, subsequently tweeted that managers had been asked to connect with laid-off employees individually after the Zoom meeting. A Bird spokesperson confirmed that managers, executives, and HR representatives followed up with the employees who'd lost their jobs. The spokesperson also said that, during the Zoom meeting, a slide was projected indicating that laid-off employees would receive four weeks of pay, three months of medical coverage, and extra time to exercise their stock options.

The fallout from this sort of employer-employee drama can come in many forms.

"This is the moment where brands are built or brands are dented," said Yair Riemer, president of career transition services at the HR technology company CareerArc. If the company mishandles layoffs, Riemer added, "it absolutely will impact recruitment and talent because the world is small."

Many high-flying startups have been hit hard by the recession 

Startups are often risky bets to begin with, ideas that could either become the next Amazon or the latest flop.

The New York Times' Erin Griffith reported on April 1 that in the few weeks prior, more than 50 startups had cut or furloughed a total of roughly 6,000 employees. Those startups include fitness platform ClassPass, clothing retailer Everlane, clothing rental service Rent the Runway, flexible-space company Knotel, corporate travel company TripActions, and women's coworking space The Wing.

Just a few months ago, these companies were flying high, backed by millions of dollars in funding from prominent venture capitalists including Andreessen Horowitz and Sequoia Capital.

But that's changed.

At ZipRecruiter, all employees were invited to a webinar with CEO Ian Siegel, Business Insider's Meghan Morris reported. According to two employees that spoke to Morris on condition of anonymity, Siegel spoke for less than 10 minutes and said that the company was laying off some employees. A total of 443 employees were laid off and 49 were furloughed, according to Dot.LA, which first reported the news that ZipRecruiter was conducting layoffs. ZipRecruiter raised $156 million in a Series B round in October 2018, when it was valued at $1.5 billion.

Wonderschool delivered the news about layoffs during an all-hands meeting on Zoom, Business Insider's Melia Russell reported. According to a former employee, staff were told that the only way for Wonderschool to survive the financial crisis was to let some people go. About 50 employees, or 75% of the staff, were let go.

It's important for leaders to conduct layoffs with compassion and respect for the employees

Announcing layoffs via a mass virtual meeting is hardly best management practice.

Elaine Varelas, managing partner at the career-management firm Keystone Partners, previously told me that leaders should have one-on-one meetings with every employee who's being let go. (In this case, those meetings can be virtual.) No one should be "treated like suddenly they're a criminal," she said.

Layoffs are an example of a situation where the standard startup playbook — "move fast and break things" — doesn't quite apply, said Riemer, of CareerArc. Efficiency and nimbleness typically work to startups' benefit, Riemer added, but in this extended crisis situation, "that attitude needs to be modified." A one-and-done videoconference just isn't the right move. It's especially important to support employees getting laid off from a high-growth startup because this may be the first job they've ever held, Riemer said.

A recent blog post from David Ulevitch, a general partner at Andreessen Horowitz, outlines strategies for conducting layoffs at a startup while everyone's working remotely during the pandemic. For example: Don't send a "subtle" calendar invitation for a meeting with the employee, their manager, and an HR representative. Have your camera turned on when you announce layoffs virtually. Essentially, Ulevitch is reminding startup executives that there's a human being on the other side of the call, someone who's smart but also has feelings.

"Remember that with every decision you make in this process you need to err on the side of doing whatever you can to help the impacted employee," Ulevitch wrote. That probably means, he added, that you allow employees to continue to use their company-issued laptop, especially since it may be the only computer they have right now. (Ulevitch said management should be clear that the computer is still company property and will need to be returned later.)

Beyond logistics, management should make the motivating factors for staff cuts clear. That helps leaders avoid subjectivity and bias. Once the announcement is made, some employees may request an explanation for why they were let go, but their colleague wasn't — and you'll want to have an answer ready. Buffer CEO Joel Gascoigne, for example, wrote a blog post in 2016 about how the company ended up laying off 10 employees, including a flow chart illustrating management's methodology for deciding which positions to eliminate.

Mishandling layoffs can hurt a brand's long-term prospects

It's possible for a company to recover from a management misstep. Specifically, Riemer said, they can rebuild trust among the employees that are left behind and worried about their own job security.

Execs might use some variation of Riemer's script: "We made an error here. We believe in this business. We believe in this company. We're acknowledging the pain that we've put on others, and you guys are still here with us. We're going to make the best possible plans to ensure that it doesn't happen again."

In the Medium blog post, Alva, the former Bird employee wrote that "I still believe in the product" and in the dream of getting people on scooters and bikes, instead of "isolated in cars." But after the way the company handled layoffs, Alva said, "I'm unsure if I believe in the brand anymore."

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Original author: Shana Lebowitz

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Apr
04

Cultivating adaptability is a pandemic coping skill

Jason Shen Contributor
Jason Shen is a three-time startup founder and the CEO of Midgame, a gaming technology company backed by Techstars and Betaworks.

It’s no secret that adaptability has become a critical trait for knowledge workers. To stay on top of a rapidly evolving world, we must assess new situations, make intelligent decisions and implement them effectively.

A 2014 research report by Barclays indicated that 60% of employers say adaptability has become more important during the last decade, and BBC called adaptability the “X factor” for career success in an era of technological change.

But even the most intrepid executive, entrepreneur or freelancer would be forgiven for struggling to adapt to a global pandemic. The impact of coronavirus has been unrelenting: hospitals at capacity, students sent home, conference cancellations, sold out inventory, markets in free fall and cities under lockdown.

Whatever you thought 2020 was going to look like, you were dead wrong. Box CEO Aaron Levie and Stanford professor Bob Sutton’s recent Twitter exchange said it all:

Not just start-ups. Every big company, every nonprofit, every government organization, and most people too

— Bob Sutton (@work_matters) March 16, 2020

This moment requires us to learn new skills, develop new habits and let go of old ways of working. In the book “Range,” there’s a chapter about “dropping familiar tools” that details how experienced professionals will overlearn specific behavior and then fail to adapt to a new circumstance. This mentality affected everyone from firefighters to aviation crews to NASA engineers, often with deadly results, and underscores how hard it can be to adapt to change.

To help us cultivate adaptability in this unprecedented moment, I sought answers in unexpected places. Here’s what I learned.

Let go of your attachments

Adaptability is required first and foremost when circumstances change. It’s easy to get attached to certain outcomes, especially when they’ve been planned long in advance or have significant emotional weight.

Due to coronavirus, a couple I know is postponing their wedding originally set for April. Having tied the knot only a year ago myself, I can’t imagine how frustrating that must be for them. But it was the right decision; demanding that the show go on would have been dangerous for their families, friends and the public at large.

I recently spoke with my friend Belinda Ju, an executive coach with a longstanding meditation practice. Non-attachment is a core concept of Buddhism, the spiritual path she’s followed for many years, and I wanted her thoughts on how that idea might help us adapt to unforeseen circumstances.

“Attachment doesn’t work because certainty doesn’t work. You can’t predict the future,” she explained. Being attached to something means “seeing the world through a false lens. Nothing is fixed.” For Ju and her clients, non-attachment doesn’t mean giving up on goals — it means focusing on what you can control.

“You might have a fixed goal of needing to raise X million dollars to keep your team afloat,” she said. “But in the age of coronavirus, investors might be slower to respond. So what are the levers in your control? What are the options you have and the pros and cons to each one?”

Her points hit home for me. As a NYC-based startup founder, I was preparing to make several trips to the West Coast to raise the next round for my company, Midgame, a digital party host for gamers.

I like pitching in person, but that’s obviously not going to happen, so I need to embrace video calls as my new reality. By doing that, I can get to stocking up on coffee, cleaning up my work space and setting up a microphone so when I do pitch over video, I’m bringing my A game.

Be present

Another way to think about adaptability is that it’s the ability to improvise. In theater, improv performers can’t rely on prewritten lines, and have to react in real time to suggestions from the audience or the words and actions of their scene partners.

“ ‘Playing the scene you’re in’ is a principle from improv which means to be present to the situation you’re in.”

That’s what Mary Lemmer told me. As an entrepreneur and VC who spent a stint at The Second City improv theater in Chicago, Lemmer knows a thing or two about having to adapt. Today, she brings her insights to corporations through training and workshops.

She explained that as an improv performer, you may start a scene with a certain idea in mind of how it will go, but that can quickly change. “If you’re not present,” she said, “then you’re not actively listening and because there’s no script, you’ll miss details. That’s when scenes fall apart.”

When I was a PM at Etsy and we had a major launch, we’d get engineering, dev ops, product, marketing and customer support together in a room to talk through the final event sequencing. These weren’t always the most exciting meetings and it was easy to get distracted by email or chat. One time engineering announced a significant last-minute issue that almost slipped through the cracks. Luckily, someone piped up with a clarifying question and we were all able to work together to minimize the issue.

Lemmer argues that in improv, like in business, you can’t make assumptions about people or situations. “We see this a lot in board meetings. People start to assume ‘Sally’ will always be the proactive one or ‘Jim’ will always be the naysayer and tune out.”

This is kind of attitude is problematic in a stable environment, but downright dangerous in an unstable situation where new data and events can quickly open up a new set of challenges and opportunities.

Early on, some experts thought the coronavirus crisis would stabilize globally by April. In early February, S&P Global stated that in the “worst-case scenario,” the virus would be contained by late May. A month later, that prediction already looked wildly optimistic.

Build mental toughness

Experts are saying now that cases may peak in May or June, which means everyone should be hunkering down for eight or more weeks of social distancing and isolation. A COVID-19 vaccine just started human trials, but testing in large enough sample sizes to identify side effects and then ramping up large-scale production still might not be fully available for more than a year.

In other words, dealing with this virus is not a sprint, it’s a marathon. A marathon no one signed up for.

Someone who knows a lot about this topic is Jason Fitzgerald. A 2:39 marathoner, Fitzgerald now helps people run faster and healthier as an author and coach.

When we spoke over the phone, he pointed out that running, unlike say basketball or gymnastics, is a sport where “you have to voluntarily want to experience more and more discomfort.”

Fitzgerald calls this ability to endure “mental toughness,” and it’s a skill we all can build. For runners, it requires doing workouts that scare them, putting in mileage that’s higher than they have in the past and racing regularly. It’s also about accepting and even embracing the pain of running hard.

The same is true for adaptation. We can train ourselves to respond better to change (we’re all getting lots of practice right now!), but developing new habits and working in new ways is always uncomfortable. As decorated cyclist Greg LeMond once said, “it doesn’t get easier, you just get faster.”

We also have to recognize that we won’t get it right every time. “The more that we get comfortable with poor performances, the more we can learn from them,” Fitzgerald said, noting that he’s had his share of bad races, including failing to finish an ultramarathon in 2015. “Sometimes you dwell on a bad race for a couple days, but then you have to just forget about it and move on with your training.”

Many of us are reeling from more cancellations, suspensions and complete one-eighties in the last month than in the last five years. But we can’t let ourselves stay bogged down by our feelings of frustration or disappointment. We accept our new reality, learn what we can from it, and keep going.

It’s clear that the people who can let go of their past plans and embrace the new environment ahead will thrive. Already we’re seeing companies pivot from live events to online webinars, and remote-first workplaces becoming the new normal. Shares of Zoom have risen even as the stock market has taken a beating and I’m sure other winners will emerge in the coming weeks and months.

But adaptability doesn’t just matter for individuals or even companies, it matters for governments. For China, Taiwan and Hong Kong, thanks to aggressive testing and quarantining efforts, life is returning, somewhat, to normal. New cases are on the decline and there’s hope of life returning to normalcy in the near future. Countries that bungled their response to the disease progression, including Italy, Spain, the U.K. and the United States, are now facing increasingly dire consequences.

Whether you want to survive a global pandemic, reach the next phase in your career or be selected on a mission to Mars, it’s hard to overstate the importance of adaptability in getting there.

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Apr
04

Please Wear a DIY Cloth Mask in Public

The CDC finally issued guidance to Use of Cloth Face Coverings to Help Slow the Spread of COVID-19. If you go out in public, please wear a “Cloth Face Covering.”

I’m using every ounce of energy that I have to avoid talking about the politics of any of this. Rather, I’m focusing on actionable things with clear reasoning for them.

Before I explain why this is so important, here are two websites that clarify the types of face coverings I’m talking about. Specifically, these are homemade (or DIY) cloth face coverings.

CDC: Use of Cloth Face Coverings to Help Slow the Spread of COVID-19

Colorado Mask Project: Provide all Coloradans with DIY masks to help slow the spread of COVID-19.

You do not need an N95 mask. You do not need a surgical mask. You do not need a mask you buy in the store. You just need a cloth face covering that you can make yourself at home.

There has been endless discussion about the efficacy of masks in general, and more specifically for “the public.” There are plenty of recent credible discussions about this from sources like the American Association for the Advancement of Science (Would everyone wearing face masks help us slow the pandemic?). Feel free to wade through all that stuff, but here’s the punch line.

The Main Benefit: If you are asymptomatic or pre-symptomatic, you can spread the virus to healthy people. This means that even if you don’t have symptoms, you are sick and can spread the virus to others. When you are wearing a mask, it helps prevent you from spreading the virus to others. The virus spreads through droplets coming from your mouth and nose. If your mouth and nose are covered, the cloth mask catches the droplets when you sneeze, cough, breathe, and talk.

Secondary Benefit: We touch our faces thousands of times a day. The virus lives on surfaces for a long time (possibly up to 72 hours) and in the air for an indeterminate amount of time. We are constantly touching things the virus settles on. Then, when we touch our face (especially our eyes, nose, or mouth), we infect ourselves. A mask lowers the propensity for us to touch our own face (it’s an interesting psychological phenomenon).

Tertiary (and unclear) Benefit: A debate rages on about whether a cloth mask acts as an effective physical barrier to breathing in the virus. If it does, with any level of efficacy, this is merely a bonus to the first two benefits.

I think the best paragraph from the Science article Would everyone wearing face masks help us slow the pandemic? is:

But the greatest benefit of masking the masses, Cowling and others argue, likely comes not from shielding the mouths of the healthy but from covering the mouths of people already infected. People who feel ill aren’t supposed to go out at all, but initial evidence suggests people without symptoms may also transmit the coronavirus without knowing they’re infected. Data from contact-tracing efforts—in which researchers monitor the health of people who recently interacted with someone confirmed to have an infection—suggest nearly half of SARS-CoV-2 transmissions occur before the infected person shows symptoms. And some seem to contract and clear the virus without ever feeling sick. 

Right now, you have no way to know if you are infected when you aren’t showing symptoms, and given that it’s springtime in the US many people will have allergies so it’s even harder to tell who is sick. Given the completely inadequate testing activities right now in the US, along with lack of contact tracing apps, effective isolation for people who are sick, and the overall challenge of getting everyone to actually stay at home, by wearing a mask in public, you are protecting other people from you in case you are infected.

Finally, please do not buy or use medical-grade masks. There is still a huge shortage of these in the health care system and it’s expected that the shortage will continue. You’ll hear phrases like “surgical masks” and “N95 masks.” You do not need to wear one of these – they are needed for our front line medical workers.

Instead, make your own mask. And wear it whenever you leave your house.

Original author: Brad Feld

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Apr
04

29 tech startup founders and CEOs share their fears and strategies for navigating the coronavirus crash: 'We are now wartime CEOs'

Brightfield

Jesse Levin is CEO of Brightfield, a New York-based workforce analytics company, and his biggest fear is the rise of a "herd mentality" where startup leaders try to navigate the crisis based on a singe playbook.

He's particularly critical of the so-called "Black Swan" letter that Sequoia Capital published about a month ago as the coronavirus crisis was unfolding.

In the letter, Sequoia warned that "in downturns, revenue and cash levels always fall faster than expenses" and that, in terms of  headcount, "this might be a time to evaluate critically whether you can do more with less and raise productivity.

Levin lamented that the Sequoia letter "became gospel immediately and resulted in deep cuts across the same companies that they had encouraged to over-raise and overspend."

For startup founders and CEOs, now is the time to "reset your ambition to target a great return with more reasonable risk," Levin said. 

In a downturn that is in many ways more severe and unpredictable than past crises, Levin said startup CEOs should encourage their team leaders to be comfortable with uncertainty instead of intimidated by the blurry path ahead of them

"Ensure your leaders are comfortable with imposter syndrome," he said, referring to the psychological pattern of doubting one's ideas and abilities. "The pandemic recession has some attributes that are similar to past cycles, and many that are not.  Thus, your leaders must exhibit confidence and clarity even when they don't know what's next."

Another tip: focus on customers, accommodate their needs, even if doesn't boost your bottom line in the short-term.

"Customers and prospects do remember who invested in them at the bottom of a cycle and, in my experience, do find ways to balance the karma scales when the market comes back, Levin said.

Original author: Benjamin Pimentel

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Apr
04

Colors: Basque Hermitage, Storm Approaching - Sramana Mitra

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I...

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Original author: Sramana Mitra

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Apr
04

Wall Street's new disaster playbook; top restructuring lawyers

 

Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. 

If you aren't yet a subscriber to Wall Street Insider, you can sign up here.

Wall Street had to quickly adapt to a new work-from-home reality, and firms are already thinking about how the coronavirus will transform the way they work in the long run — Tradeweb's CEO called the shift to remote work a "fundamental game changer" when it comes to business and personnel impact.

Banks have been forced to rewrite continuity plans, including testing and deploying remote-working capabilities to their vast trading ranks. Dakin Campbell and Alex Morrell talked to more than a dozen insiders about the exact steps firms have taken to replicate trading floors at home.  

Read the full story here:

And as Casey Sullivan reports, top law firms are seeing a "great reset" that could reshape office needs and how they use tech to interact with clients. That's not to say everyone is looking to redefine business as usual — Dan DeFrancesco talked with NYSE's COO about how the exchange is thinking about its iconic trading floor.

Wishing everyone a healthy and safe weekend. As always, my line is open at This email address is being protected from spambots. You need JavaScript enabled to view it.. 

-Meredith 

'Hope for the best, but plan for the worst'

Samantha Lee/Business Insider

CB Insights research pegged fintech funding for the first quarter at around $6 billion — the lowest quarterly total since 2017. Dan DeFrancesco asked backers including Bain Capital Ventures, Index Ventures, and Goldman Sachs what advice they have for startups as the coronavirus throws global economies and markets into turmoil.

Read the full story here:

As fintechs face their first funding drought in 3 years, we talked to 11 top investors about what young companies should do to survive the downturn

Project MBD ARGO

A sign tells visitors that masks are required. Mount Sinai

Dakin Campbell gave a play-by-play on how Mount Sinai Health Systems secured a shipment of 130,000 N95 masks, with collaborators including senior Mount Sinai and Chinese healthcare execs, a senior partner at Goldman Sachs who serves as the chairman of the hospital chain, and a call to Warren Buffett. On the Goldman side, the project was code-named MBD ARGO — a reference to Goldman's merchant banking division as well as the 2012 film starring Ben Affleck. 

Read the full story here:

How a massive New York hospital secured 130,000 N95 masks from China with help from a senior partner at Goldman Sachs, private jets, and a call to Warren Buffett

Top restructuring lawyers gear up

Quinn Emanuel; Willkie Farr; Jones Day; Samantha Lee/Business Insider

As the novel coronavirus sweeps the globe, it will fall on a cadre of elite attorneys at the nation's top law firms to help guide companies through an unprecedented hit to revenue. Casey Sullivan talked with attorneys, consultants, and recruiters to identify 10 restructuring and bankruptcy lawyers to keep tabs on as the business landscape shifts dramatically in 2020.

Read the full story here: 

10 lawyers who navigated the biggest bankruptcies in history are set for a huge boom in business as the coronavirus fuels a restructuring surge

Hedge fund winners and losers

REUTERS/Lucas Jackson

March was a month of pain for investors in market-tracking index funds and sophisticated quant hedge funds alike, as a stock selloff knocked several hedge fund categories. Bradley Saacks rounded up the winners, losers, and those in between in the $3.3 trillion hedge fund industry.

Read the full story here:

Macro hedge funds are soaring while quants and stock-pickers tank. Here are the biggest winners and losers.

On the move

Morgan Stanley hired a top trader away from Deutsche Bank in distressed credit— an area primed for a boom as corporate debt gets crushed. Deutsche Bank had tied with JPMorgan Chase for first place in credit-trading revenues in 2018, according to the most recent league table available from Coalition, and is home to one of the top distressed-debt houses on Wall Street. 

Hedge funds and investing

Careers

Original author: Meredith Mazzilli

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Nov
11

What Makes Startups Creativity-Tanks? - Sramana Mitra

As the coronavirus crisis forces people to work remotely, tools that help them stay connected and productive are booming in popularity.We asked a select group of VCs to name enterprise startups that could take off this year as a result of the changing work environment.Each investor named two "future of work" startups: one in their portfolio, and one company they admire but have no financial interest in.Visit Business Insider's homepage for more stories.

The coronavirus outbreak has changed not only where people work from, but how they work and what tools they use.

Already, apps like Zoom and Slack have seen huge increases in usage in the past few weeks, as users grab onto ways to stay connected in their work and personal lives while social distancing.

The urgent need for better work tools could catapult some enterprise startups into the pantheon of unicorn startups, as their users multiply and venture capital investors jump to fund them.

We wanted to find the startups that are already transforming the future of work, defining the new ways in which people are doing their everyday jobs. We reached out to a select group of venture capitalists with enterprise bets in their portfolios and asked them to name the startups that are positioned to have very good years.

When we spoke to each investor, we set some ground rules for participation: 

The VC had to tell us about one startup in their portfolio. After all, they had enough conviction in the company to write it a check.We also asked them to name one "future of work" startup where they have no financial interest. Those are the companies they're closely watching, maybe with a bit of envy.

Their nominations cover all aspects of work, from processes like recruiting and onboarding to products such as video conferencing, chatbots, and email.

Here are the 30 startups they named, listed in alphabetical order:

Original author: Melia Russell and Paayal Zaveri

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Nov
11

Marylene Delbourg-Delphis - Sramana Mitra

Amazon told sellers in a note this week that its price gouging rules could be confusing given the different state laws.The note comes a week after 32 US attorneys general told Amazon to fix price gouging activities on its marketplace.Amazon's always had a "zero tolerance" policy against sellers who exploit "an emergency by charging excessively high prices on products and shipping."But sellers say Amazon has now become too aggressive, often suspending sellers and products that are not engaged in price gouging.Amazon's spokesperson said the note was meant to provide "even more detailed guidance" on price gouging, but sellers say the guidelines on gouging are still unclear.Visit Business Insider's homepage for more stories.

Just a week after 32 US attorneys general told Amazon to fix price gouging on its site, Amazon acknowledged in a letter to sellers that its system may be difficult to understand. But sellers now say Amazon is overcompensating and pushing too hard, leading to a surge in unfair product and seller suspensions.

In a note sent to sellers on Wednesday, obtained by Business Insider, Amazon said its policy over what products or sellers get suspended for excessive price increases could lead to a "confusion" because it looks into a number of different factors. Amazon's system, which is mostly automated, has been kicking off groups of sellers and products from its marketplace lately for profiteering on items like hand sanitizers and face masks during the coronavirus pandemic.

"We recognize there may be some confusion as to what may trigger offer removal or account suspension for price gouging under this policy," Amazon said in the note.

Amazon said that it's difficult to set a one-size fits all policy because states have varying rules over price-gouging. For example, some states have a 10% ceiling on price increases during a national emergency, while others may have more vague guidelines, like banning unconscionably "excessive" price increases without a fixed cap, it said.

"Our systems attempt to account for these variations in state law while recognizing that the costs of many goods are increasing due to the worldwide effects of the COVID-19 pandemic," Amazon said in the note.

Amazon's response to sellers shows the difficulty in cleaning up its marketplace of bad actors that try to take advantage of consumers in need of essential items during the pandemic. As demand for online shopping has increased amid COVID-19, some sellers have set unreasonably high price increases on not just essentials but also everyday grocery products, like rice and milk.

Amazon has always had a "zero tolerance" policy against sellers who exploit "an emergency by charging excessively high prices on products and shipping." To combat the surge in price gouging, Amazon recently said that it had suspended over 3,900 US sellers for violating its fair pricing policy and removed over half a million products due to coronavirus-based price gouging. 

Amazon's representative told Business Insider in an email that the note was meant to provide "even more detailed guidance" on price gouging, as laws vary by state. Sellers who feel they were unfairly suspended should reach out to Amazon directly for a separate investigation, the spokesperson said.

"Amazon has always prohibited price gouging," the spokesperson said. "Our objective is to protect customers from clearly egregious price increases."

Price gouging is just one of the many challenges facing Amazon as the coronavirus pandemic continues to put a deeper strain across its business. The slowing supply chain has delayed shipments of some products by a month, while warehouse workers have staged walkouts demanding better safety measures at their facilities. Meanwhile, Amazon executives have come under fire following Thursday's report by Vice that showed them engaged in an internal discussion to smear a fired warehouse employee who led one of the strikes last week.

The note to sellers is Amazon's first response to sellers following last week's letter signed by US attorneys general in 32 states, including Pennsylvania, Connecticut, and California, that demanded Amazon and other retailers like Walmart come up with stronger protective measures to prevent price gouging. In the letter, the attorneys general urged for better policies and restrictions, and a new "fair pricing" portal where consumers can directly report price gouging incidents.

But some sellers say Amazon has now become too aggressive in enforcing its anti-price gouging policies, often unfairly suspending sellers and products that haven't engaged in any price manipulating activities.

Ed Rosenberg, who runs an online seller group called ASGTG, told Business Insider that there's been significant increases lately in sellers who got suspended, including those who haven't raised prices all year. He said Amazon seems to be struggling to find the right balance in enforcing its price gouging policy, given the complex nature around it.

"Amazon seems to have gone to the other extreme blocking items and suspending accounts that are not close to price gouging," Rosenberg said. "They need to find a middle ground."

For sellers, it's difficult to keep track of every state's different price gouging rules. For example, California and New York prohibits 10% price increases in national emergencies, while Pennsylvania and Kansas have a price cap of 20% and 25%, respectively. Texas, meanwhile, doesn't have a hard cap.

Amazon's vague guidelines are also a challenge, sellers say. In the note, Amazon told sellers to refer to Amazon's Marketplace Fair Pricing Policy before setting their own prices. But that page doesn't offer specific price guidelines, simply saying sellers shouldn't "mislead" consumers or set prices that are "significantly higher" than recent prices offered on or off Amazon.

One seller, who wanted to remain anonymous out of fear of retribution, said it's unclear how to calculate the past average sales price that serves as a baseline for determining price gouging. Another seller said that there's inconsistency across Amazon's different marketplaces, as a product banned in Italy was still being sold on its Spanish marketplace.

"The problem is defining price gouging. At the state and Amazon level, there is no clear definition for e-commerce sellers," this seller said.

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Original author: Eugene Kim

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Sep
22

What Is The Best Time of Day for Gambling

Business Insider
Zoom has become extremely prominent during the COVID-19 pandemic: its stock has doubled, its iOS app is No. 1 in the App Store, and schools are relying upon it to hold classes for students stuck at home.That spotlight has turned harsh, as the company has been battered by privacy and security scandals — so-called "Zoombombing" has become prevalent, as bad actors crash meetings, classes, and other online classes, while concerns swirl about how Zoom gathers user data.  Security experts and the company itself say the platform was not intended for this spike of global use in all kinds of areas. Rivals like Cisco are quick to slam Zoom, highlighting the steps that they take to protect user security and privacy.Experts say that while Zoom apparently has serious security issues as a product, they praise the steps the company has taken so far in addressing them, and the gravity with which the company is treating the claims. It's already taken steps to prevent so-called Zoombombing."During the COVID-19 pandemic, we are working around-the-clock to ensure that hospitals, universities, schools, and other organizations across the world can stay connected and operational," the company said in a statement. "We are proud of the role we are playing during this challenging time and committed to providing users with the tools they need."Visit Business Insider's homepage for more stories.

Chances are pretty good that at some point today you will stare into a screen at other people who are staring into screens. You will talk and listen and laugh and sneakily peer into each other's homes. And that odd activity will be an important way in which you interact with the world in the age of COVID-19. 

Videoconferencing is a central part of the hermit economy, and right now Zoom is its star – and its villain. And that is all of our faults, experts suggest.

Like Facebook more than a decade before, Zoom's popularity blew past its privacy issues, which seem to pop up like late coworkers on a mandatory video call, and they just keep on coming. 

Zoom is pulling the world together in this dark hour, while at the same time unleashing egregious security issues. And, as with Facebook, the onus is on you and your company and your group and your kid's school to investigate its privacy and security settings and protect yourselves.

It's as easy to blame Zoom as it was to blame Facebook, but the company made a valid point this week when its CEO wrote: "We did not design the product with the foresight that, in a matter of weeks, every person in the world would suddenly be working, studying, and socializing from home." 

Mark Ostrowski of Check Point, an Israeli security firm that identified Zoom vulnerabilities in January, gives the firm credit for speedily addressing issues. "We often look at these tools and complain about privacy and security, but they're free. You almost have to assume some of these things. You have to take security and privacy under our own responsibility." 

Which is to say: Security experts say that Zoom has serious issues that need addressing, and rivals like Cisco and Microsoft are quick to point out the ways that their more-mature technology protects users.

But many of those same experts also give Zoom credit for the gravity and speed of the company's response to those issues, and argue that users could be doing more to protect themselves, too. And even the most hard-boiled security experts note that if Zoom had not been focused on easy adoption without a lot of configuration, it might not have filled the immediate need for connection that neither it nor the world anticipated.

Zoom rides the zeitgeist

Zoom, a 2,000-person Silicon Valley company founded in 2011, has seen its stock nearly double this year while the Nasdaq market where it trades has tumbled more than 20%. Zoom calls were up 600% in March and the data they generated was up 1,200%, according to the cloud security firm Wandera. Zoom's iOS app is No. 1 for business, and No. 1 overall in downloads rated by the service App Annie. CEO Eric Yuan won hearts and minds by giving schools use of the videoconferencing platform. There has literally been a lovefest around the company: Insider recently reported that a London sex club hosted a "virtual orgy" on the platform with "a lot of nakedness and lingerie on display and people challenging each other to do certain things." 

It hasn't all been peace and love, though. This week the FBI warned the world about "Zoombombing," in which intruders with swastika tattoos were dropping into school web conferences, and screaming profanities and teacher's privacy information.  

Research from the University of Toronto cited a UK Cabinet meeting being held on Zoom, complete with meeting ID number and ministers' faces onscreen (not to mention virus-stricken Prime Minister Boris Johnson). This highly-classified use of the platform was even more questionable in light of the report's other findings that much of Zoom's development and some of its user data is run through China. 

—Amichai Stein (@AmichaiStein1) March 31, 2020

The New York Times found that Zoom's software automatically sent meeting participants' names and email addresses to a company system it used to match them with their LinkedIn profiles.

And a class action case with citations from the events of this week was filed on behalf of users whose information was given to Facebook via yet another Zoom privacy opening. 

And that's not to mention the fact that the company has been lambasted for allegations that it made misleading marketing claims around the encryption of video calls on the service.

What Zoom says

It would be tempting to envy Zoom's popularity, but it clearly has brought challenges.

"Our platform was built primarily for enterprise customers – large institutions with full IT support," CEO Yuan wrote on the Zoom blog this week. "We now have a much broader set of users who are utilizing our product in a myriad of unexpected ways, presenting us with challenges we did not anticipate when the platform was conceived." 

The company noted it has deleted the tool exposed by The New York Times that accessed meeting participants' LinkedIn data, and froze new features so engineering can focus on security issues. 

On Friday evening, the company also announced new anti-Zoombombing measures coming on April 5th, including new default settings to enable both passwords and the "waiting room" feature that allows hosts to vet conference participants. 

"During the COVID-19 pandemic, we are working around-the-clock to ensure that hospitals, universities, schools, and other organizations across the world can stay connected and operational," the company said in a statement. "We are proud of the role we are playing during this challenging time and committed to providing users with the tools they need."

What the competition says

Cisco, makers of WebEx, an older and arguably more secure platform, was not shy about weighing in on its popular rival. "We are different. Security is not an afterthought. It's part of our culture," says Abhay Kulkarni, Cisco's general manager of WebEx Meetings. Cisco bought WebEx in 2007, but the company has been around since 1995 – a paleozoic era for web conferencing. (One of its early engineers was Zoom's CEO, Eric Yuan.) Kulkarni says WebEx meetings require a password, can be locked, and are harder to share online. 

Microsoft, makers of the web conferencing tools in its Teams coworking tools, says its video conferencing "is built with Microsoft security, identity and compliance technologies" including identity protection via multi-factor authentication; data-loss prevention, which prevents sensitive content from being accidentally shared; access controls; and the antivirus tools in its built-in  Microsoft Threat Protection. Microsoft is also providing some free access to its coworking tools during the virus crisis. 

Google declined to comment on the security of its Hangouts web conferencing app, but technical specs show its meetings are encrypted, that invitations cannot be shared except by a host organization, and that meeting codes are long, difficult to crack, and not available in advance of the meeting. 

Wickr, a high-security, software-as-a-service alternative to Zoom with end-to-end encryption, says its web conferencing is different because all data is only available at the end points involved in the individual conversations – not via a central server that could get hacked. Founded in 2012, Wickr has around 50 employees and is a privately held company that doesn't reveal financial records. Crunchbase reports it has raised $73 million in venture capital. 

"Is Zoom bringing the world together, or unleashing security threats? Both," says Joel Wallenstrom, CEO of Wickr. "I'm watching my kids' high school getting onto Zoom fast. People are using this to weather the storm. I think Zoom is doing a great job, but it's disingenuous to say they can serve large security needs."

What cybersecurity researchers say

In January, the Israeli cybersecurity company Check Point showed how hackers could eavesdrop into Zoom calls by generating and guessing random numbers allocated to Zoom conference URLs. Zoom fixed the security breach and addressed other issues.

"We followed the proper process of disclosure in January," says Ostrowski, its evangelist. "We went to them, Zoom fixed it, and then we released our research. Some of the people publishing right now about unfixed research flaws in Zoom are kind of piling on. I'm very impressed with how Zoom responded to this with an open dialogue and with the fixes they released very quickly." 

Zoom's viral popularity brought a rush of hacking and scrutiny to a platform never intended to host Cabinet meetings, or even board meetings without IT oversight. 

Patrick Wardle, a cybersecurity researcher who has presented findings at large security conferences such as BlackHat, DefCon, and RSA, recently published a blog post ("The 'S' in Zoom Stands For Security") detailing several vulnerabilities he found in Zoom, including flaws that could give hackers the ability to taken control of the microphone and camera on a Mac – or the entire computer.

"For better or worse, businesses generally value features and usability vs. security and privacy," Wardle says. "And Zoom both prioritized and shone in the former."

Original author: Jeff Elder

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22

Nintendo Direct on September 23 will focus on winter’s Switch games

For finance and tech firms, spring recruiting will look a bit different this year.

As the coronavirus pandemic has universities shutting down and recruiters working under shelter in place conditions, companies that are looking to hire have to rethink their traditional methods of finding talent.

HireVue, a Utah-based startup that private-equity giant The Carlyle Group owns a majority stake in, offers employers the ability to evaluate candidates and conduct interviews online. And as more Americans are staying home to prevent the spread of the virus, industries in need of workers are using HireVue to recruit from afar.

"Customers are trying to virtualize every part of the hiring process," said Kevin Parker, chairman and CEO of HireVue.

And HireVue offers more than just video interviewing. It also has AI-driven candidate evaluation tools, which can help hiring managers review candidates more efficiently.

HireVue is used by companies like Goldman Sachs, Hilton, and Intel to conduct both pre-recorded and live interviews, all online.

Kevin Parker, chairman & CEO of HireVue HireVue

Carlyle offers portfolio companies a way to hire through the crisis

With new deals paused because of economic turmoil, a near-term challenge for private-equity firms is helping out with operations at their own businesses. PE firms have been busy communicating with their existing portfolio companies about how to maneuver the fluid situation, Business Insider has reported. 

Carlyle bought a majority stake in HireVue last October. Financial terms of the deal were not disclosed, but Carlyle currently controls HireVue's board. Prior to Carlyle's investment last October, HireVue had raised $93 million in VC cash from investors including Sequoia Capital and TCV.

During the pandemic, HireVue is offering its platform for free to fellow Carlyle Group portfolio companies.

HireVue's platform will come in handy for Carlyle's finance and business services companies, like NetMotion, TCW Group, and Veritas Holdings. Now's the time when they're typically doing undergraduate and MBA recruiting, but for now, they're not unable to conduct spring interviews on campuses.

"Clearly no one's on campus, so it's really hard to do campus recruiting right now. But campus recruiting has been an area where HireVue has a lot of great customers," Ashley Evans, principal in the technology, media, and telecom group at Carlyle and member of the HireVue board.

In 2016, Goldman Sachs announced it would no longer travel to college campuses to conduct interviews. Instead, all first-round interviews for undergraduates are now conducted via HireVue's pre-recorded video platform.

"There's been a very measurable transition from that in-person experience on campus to more of a virtual experience," said Parker.

Goldman Sachs said that by using HireVue, the firm is able to interview a broader range of candidates outside of its typical Ivy League recruiting network.

And Parker thinks that online interviews will continue to catch on.

"I think the vast majority of campus recruiting for corporate America will transition to a video-based solution," said Parker.

In addition to its video platform, HireVue offers AI-driven assessment tools for recruiters and hiring managers to evaluate candidates. The startup, which facilitated 4.5 million interviews last year alone, also uses its own store of data to suggest effective interview questions.

"It's not enough just having a video connection to someone. You need intelligence and you need structured interviews," said Anderson. "You need ways to help recruiters and employers and interviewers deal with the scale of demand for jobs."

HireVue is currently free for hospitals, and it's supporting thousands of interviews daily

While the coronavirus pandemic has left a record number of Americans jobless, some industries, like healthcare and grocery stores, are rushing to hire.

Hospitals will also be offered HireVue's platform at no cost during the pandemic. 

"With as many people that are going to be looking for work as are right now, it was an easy decision for us," said Parker. 

The platform supports over 1 million interviews on a quarterly basis, and now, it's seeing those numbers climb.

"The business has the ability to deploy quickly and scale quickly," said Evans.

Grocery stores, the company said, are interviewing 15,000 candidates a day, using both live and pre-recorded interviews, for jobs like stocking shelves. And telecom providers whose call centers have been shut down due to the pandemic are hiring to re-insource things like customer service, and they're using HireVue to conduct interviews.

While candidates are typically given a few days to complete their interviews, HireVue has seen a 40% increase in the number of candidates sending in their videos the same day an employer offers an interview.

Remote interviews enable companies to hire during a lockdown

As unemployment rises due to coronavirus-related layoffs and business closures, more people are looking for jobs online.

While there's no shortage of candidates for jobs in hospitals, call centers, and grocery stores, companies may struggle to assess workers' transferable skills, said Matt Anderson, chief digital officer of Carlyle.

"Hourly workers make up the vast majority of the jobs in the country, and many don't have resumes," said Anderson. 

And this issue is made more acute in the current environment where hospitality and restaurant workers are largely out of work. They're turning to places like grocery stores to find new jobs, and while the skills can be transferable, it can be hard for hiring managers to sift through individual applications. 

"Suddenly you have grocers and healthcare systems that need people to come and do different work," said Anderson. "But a lot of the skills and abilities and underlying ways that we work can be extended into those types of applications."

HireVue's AI-driven platform can help companies scan candidates' skills and evaluate their potential, even without an exact match in prior experience.

Ashley Evans, principal at The Carlyle Group The Carlyle Group

Online recruiting will continue to grow as it enables job mobility

"As the familiarity with tools like this increases, I think the willingness to adopt them will go up," said Evans. 

But a shift in our norms takes time, and HireVue needs to make sure that companies understand the benefits of moving recruiting online.

"A big underpinning of our investment thesis was to break apart some of those preconceived notions that exist at employers and have people acknowledge that this is actually a great, more fair, more efficient way to acquire talent," said Evans.

Efficiency is a big selling point of HireVue, as recruiters can spend less time in transit and more time evaluating candidates online. What's more, recruiting online can also broaden a company's talent pool and increase mobility for workers.

"Even before the crisis, I think there was a belief that any worker could go and apply for any job and that just really wasn't true," said Anderson.

"Labor mobility and wage mobility, those were concepts that we talked about but they weren't really a reality," Anderson said.

For many, finding a new job requires not only dedicated time for the job search but possibly time off from their current jobs to sit interviews.

With HireVue's pre-recorded video platform, candidates get the flexibility to record their interviews at any time.

"Virtual interviewing is going to play a key role and I think it will probably play a key role from this point forward," said Anderson.

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Original author: Shannen Balogh

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20

Roundtable Recap: November 20 – Spotlight on Digital Health Startups - Sramana Mitra

A baseless, already-debunked rumor linking the novel coronavirus and 5G broadband technology is spreading across the UK and appears to have caused physical damage this week.A cellphone mast in Birmingham, England, is believed to have been set ablaze by anti-5G arsonists, and telecommunications engineers have reportedly been abused in the street by people who believe in the theory.Facebook has already removed one group where users were being encouraged to send in footage of them destroying mobile phone apparatus, The Guardian reported.Visit Business Insider's homepage for more stories.

A baseless conspiracy theory linking the novel coronavirus to 5G broadband technology is spreading across the UK, has apparently caused physical damage this week.

A 70-foot cellphone mast in Birmingham, England, went up in flames this week and is reportedly being blamed on people who allegedly believe in the bogus rumor, The Guardian reported.

EE, the network operator, told the newspaper that it is still investigating the fire but that it "looks likely at this time" to be the work of arsonists.

"To deliberately take away mobile connectivity at a time when people need it more than ever to stay connected to each other, is a reckless, harmful and dangerous thing to do," the company said, according to The Guardian.

Another fire was found by a 5G phone tower near Liverpool, England, late Friday night, the Liverpool Echo reported.

The cause of the fire is not clear, but hours earlier, Mayor of Liverpool Joe Anderson had condemned the "bizarre" conspiracy theories that 5G was a plot to spread the coronavirus, according to the Liverpool Echo.

 

Anderson had said: "I'm amazed that there are people out there who saying things like this — that COVID-19 is somehow linked to 5G. It's bizarre."

Elsewhere in England, telecommunications engineers are reportedly facing verbal abuse and threats of violence from people who believe in the spurious theory.

According to the MailOnline, an unidentified woman approached two workers laying cable in a London street, and blamed them for killing families.

"We're all going to be in hospital on breathing apparatus. It's because of this wire here," she said, according to the news site.

"How do you feel? Do you have children? Do you have parents? How do you feel? When they turn that switch on, you can say 'bye bye mama,'' she reportedly said. "Are you content to continue doing that job? Are you paid enough to kill her?"

The engineers were employed by Community Fibre and do not use 5G technology, according to the company.

UK Prime Minister Boris Johnson. Leon Neal/Pool via REUTERS/File Photo

Full Fact, the UK's independent fact-checking nonprofit, has already debunked the myth that there is any link between the 5G network in Wuhan, where the coronavirus broke out, and the disease.

"The main implication of the claim — that 5G can impact immune systems — is totally unfounded. There is no evidence linking the new coronavirus to 5G," Full Fact said.

Nonetheless, the rumors have spread rapidly on social media. According to The Guardian, Facebook has already removed one group where users were being encouraged to send in footage of them destroying mobile phone apparatus.

An online petition claiming that it was dangerous to live close to a 5G mast because it would enhance the chance of COVID-19 infection was shared by Amanda Holden, a judge on "Britain's Got Talent," according to The Guardian. The post was later taken down.

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06

Samsung takes a stab at its own immersive metaverse store

The novel coronavirus excels at spreading because it's contagious when there are few or no symptoms.That's why governments are resorting to lockdowns, travel bans, and other economy-crippling restrictions.A team of 130 volunteer researchers just rolled out a technology framework that aims to help people return to work using an epidemiological principle called contact tracing.Pan-European Privacy-Preserving Proximity Tracing would use Bluetooth low-energy (which nearly all smartphones have) to anonymously detect close encounters with infected users and warn those who were exposed.The group says it built the framework with anonymity and privacy as a cardinal rule.Visit Business Insider's homepage for more stories.

Dana is engrossed in the music piping through her Bluetooth headphones on her commute to work — a grocery-store worker, her job is considered essential — when a man sits down behind her on the bus.

She doesn't notice that he's come within 6 feet, and she doesn't hear him cough into his elbow.

But days later, a free app on Dana's smartphone alerts her to news she'd been dreading since installing it: She was likely exposed to someone with COVID-19.

Dana got the alert because the man on the bus saw a doctor, tested positive, and was given a special code to type into the same free app. Once he did, his phone uploaded a list of encrypted codes to a central server — strings of letters and numbers that anonymously represent every close interaction he's had with other app users over the past 21 days. The server then notified all the users that generated those codes of possible exposure, including Dana.

This is the future envisioned by a team of more than 130 European scientists and technologists. On Wednesday, after three weeks of near-continuous volunteer work, the group unveiled a framework (and a nonprofit organization) to support the scheme, called the Pan-European Privacy-Preserving Proximity Tracing project, or PEPP-PT.

The project scientists believe their initiative can get people back to work with minimized risk by using smartphone-to-smartphone wireless signals to detect who has been exposed to someone with COVID-19 and alert them. PEPP-PT relies on Bluetooth low energy, or BLE — a common mobile wireless technology — to perform what epidemiologists call "contact tracing." The process involves figuring out who came into contact with a sick person, then instructing those people to quarantine themselves.

"We all live in a global world, or we used to live in a global world, and we need to get back there if we don't want to break our livelihood completely," Hans-Christian Boos, an artificial-intelligence and computer-science researcher who helped organize the effort, told Business Insider.

PEPP-PT's teams focused on building an anonymous, easy-to-implement, internationally scalable, and essentially free phone-based approach that would not sacrifice privacy in the same way as other tracing initiatives used in countries like China, Israel, Singapore, and South Korea.

"We said, 'We need to do something, but we can't do it the way that China has done it.' Because if we did, we would at the same time just throw away freedom," Boos said.

Why anonymous digital contact tracing may help fight the pandemic

Healthcare workers wheel the body of deceased person from the Wyckoff Heights Medical Center during the outbreak of the coronavirus disease (COVID-19) in Brooklyn, New York City, New York, April 2, 2020. REUTERS/Brendan Mcdermid

The coronavirus can spread before infected people show any symptoms at all.

Marcel Salathe, a digital epidemiologist who helped develop PEPP-PT, said outsmarting that pernicious risk factor is key in curbing the spread of the virus.

"The first SARS virus, from 2000 to 2003, didn't have that, which is why it was easy to contain — 'easy' in quotes — because it was sufficient to just isolate people who got sick," Salathe told Business Insider. "Most countries are still thinking along those lines: 'Oh, we just have to isolate this sick people, and then we get the problem under control.' But that is not sufficient, because by the time they get sick, they may have passed it on."

Asymptomatic spread also makes traditional contact tracing, in which epidemiologists manually track down infected people to retrace their steps, inadequate, according to a recent study in the journal Science.

"We conclude that viral spread is too fast to be contained by manual contact tracing, but could be controlled if this process was faster, more efficient and happened at scale," the University of Oxford-based research team behind the study wrote.

That is the core idea behind PEPP-PT. Its founders say they did not create an app, but rather a whole ecosystem of technologies — servers, source code, and an international data exchange — that will make it easy for developers to build country-specific PEPP-PT apps, then publish them for people to download and use. Presumably, app users could then resume some movement outside the house, and self-quarantine only if they're alerted to exposure.

Boos said PEPP-PT as an organization (pending donations) is prepared to build and provide servers for free to states, countries, and other large-scale providers. If those entities pass validation by PEPP-PT — and don't "inject something nasty" into the source code to, say, funnel off private information, Boos said — they can join a data exchange.

A group in Germany — led by Ulf Buermeyer, a lawyer and information-technology expert who co-founded the country's Society for Civil Rights — recently described a similar model in a post at Netzpolitik.org.

Buermeyer told Business Insider the PEPP-PT framework seems to be "a privacy-compatible way of tracking people by Bluetooth," though he emphasized the group has yet to roll out its open-source code for the world to scrutinize.

"There are people who question that it is possible at all. I would say that it is possible," he said. "It's an approach that has strong upsides and I hope its implementation is successful."

How to track coronavirus exposure without sacrificing user privacy

People travel in a metro train during a partial lockdown imposed to prevent the spread of coronavirus in Moscow, Russia, April 2, 2020. Maxim Shemetov/Reuters

Some countries are already using technology-based contact-tracing systems. But they sacrifice significant amounts of their citizens' privacy to do so: Those apps analyze credit-card purchases, GPS location data, surveillance camera monitoring, and other information to follow the infected and alert the exposed.

Such approaches do seem to be working to curb the virus' spread, though. South Korea, for example, dropped from a peak of 909 new COVID-19 cases reported on February 29 to just 74 new cases reported on March 16.

"What might seem anathema to the US in ordinary circumstances now seems more tolerable in these extraordinary times," Sarah Kreps, who studies surveillance and cybersecurity at Cornell University, said in a recent press release. "On the one hand, giving up some privacy to save lives and regain some freedom of movement, commerce, and expression seems like a straight-forward calculation. On the other, historical experience suggests that once governments gain additional powers, they are loath to give them up, which could have lasting, adverse implications for civil liberties."

Boos says he fears greasing the wheels for an Orwellian future, but is convinced Draconian privacy-killing measures aren't actually necessary.

Bluetooth low-energy, or BLE, is already extremely popular — it's a primary way we connect our smartphones to wireless headphones, speakers, watches, TVs, and more. And it already offers a proximity sensing or "electronic leash" capability: it can broadcast a "hello" signal while also listening for such beacons from other devices.

By logging the strength of those wireless signals, distances between devices can be approximated measured. This is the foundation upon which PEPP-PT built its framework.

When a person downloads an app built on the scheme, they are automatically assigned an ID known only to a central server, anonymizing them. Their app then generates random codes tied to that ID and, using Bluetooth, broadcasts them. All the while, the app listens for similar random numbers from other smartphones.

"If they're close enough, within 6 feet, and for a long-enough time — more than a couple of minutes — we decide basically, on what the epidemiologists tell us, to record the random number," Thomas Wiegand, a leader of PEPP-PT and an electrical-engineering researcher at the Technical University of Berlin, told Business Insider. 

When two people's phones save the other's random numbers, they do so in an encrypted log that not even a phone's owner can access. Six feet was chosen because that's the distance at which the coronavirus can spread via droplets from coughing, sneezing, or breathing, according to the US Centers for Disease Control and Prevention.

Logging encounters does not require internet service. Each anonymous record of contact is kept in a user's phone for 21 days, and older entries get deleted on a rolling basis. Three weeks is a generous amount of time for how long it takes a COVID-19 infection to become obvious and a test for it to come back. An option in a PEPP-PT app would allow a user report they have tested positive and upload their 21-day history of contacts, though it's not as simple as that.

"You don't want the trolls to post that they're infected if they aren't," Boos said.

Claudio Furlan/LaPresse via AP To ensure only positive-test users can report an infection, a doctor or lab would give a special access code that allows a person to upload their contact history. No one can do so otherwise — so it remains on a phone indefinitely, in encrypted form, if a person doesn't test positive. 

"In Germany, hopefully 80 million apps will ask the server every two hours: 'Anything happen?' And they do this in the background, completely automatically. The server will reply to most of them, hopefully, 'nothing happened' in encrypted form," said Wiegand, who's also executive director of the Fraunhofer Heinrich Hertz Institute. "Those where something happened will be prompted a message, 'You may have been in contact with an infected person, and there's a risk of exposure. Here's how you can follow up.'"

In this way, the privacy of infected people would remain protected, as would that of anyone they had a close encounter with.

"It's an entirely closed system, meaning that we can't read the input and output. It's completely anonymous," Wiegand said.

Buermeyer said that from his assessment, the app tries to minimize how much data is gathered.

"What is gathered is basically anonymous IDs. Data that you don't acquire and store can't be hacked," he said. "It's also the most promising approach from a technical perspective — BLE allows you to scan for close contact. That is what it puts it way ahead of GPS or satellite."

The end result is that days or weeks of human epidemiologist work on a single case could be boiled down to a couple of hours, prompting exposed people to self-quarantine sooner.

PEPP-PT would have to be as popular as WhatsApp to be effective

A man enters the 23rd Street subway as New York City attempts to slow the spread of coronavirus through social distancing on April 1, 2020. John Lamparski/Getty Images

However, it remains to be seen how many people would actually use such apps.

In a perfect world, the project's creators say, at least 60% of a given population would have capable devices with a PEPP-PT app installed and Bluetooth turned on. That number is what Salathe says would sufficiently reduce the disease's R0, or R-naught — a measure of how many people, on average, one infected person spreads the disease to. The coronavirus so far has an average global R0 of between 2 and 2.5. 

If an R0 dips below one, the disease loses steam and — at some point — vanishes. Brute-force methods like lockdowns are effective in reducing the spread, but badly damage economies. PEPP-PT may be able to achieve a similar effect without keeping most workers home.

"If you captured a contact before they can then spread it to the next round of people, that's how you actually really stop the whole thing," Salathe said. "That's where this 60% number comes from. If 60% participates, then that measure on its own should be sufficient to bring the reproduction number below one."

There's no question that Bluetooth is popular and pervasive: In 2019, more than 2 billion phones, tablets, and PCs with the standard were shipped, according to a 2019 market report by Bluetooth SIG, which developed the core technology.

"BLE was introduced in 2013 and has been used by Apple since iOS 7 and on the iPhone 4S," Steve Shepperson-Smith, a spokesperson for Vodafone, told Business Insider in an email. "Vodafone Germany data indicates that more than 95% of Android devices in Europe use BLE."

A worker sanitizes the Piazza dei Miracoli near to the Tower of Pisa in Pisa, Italy, on March 17 2020. Laura Lezza/Getty Images About 80% of the US population (kids included) has a smartphone, according to Newzoo. Germany and the UK also have an adoption rate of about 80%. But smartphones are less common elsewhere: In Italy, about 70% of people have one, and India, about 25% of people do.

Still, Europe is a promising place to start, according to Avi Greengart, a market analyst who researches device and technology adoption.

"Over 75% of Europeans had smartphones at the end of 2019," Greengart told Business Insider in an email, adding, "If a sizeable percentage of the group that does have an iPhone or modern Android phone runs the app, it should generate a rich trove of data and could be used to trace infection points."

But device adoption and compatibility aside, getting three-fifths of a population to do anything is still a challenge.In the US, 60% is a typical turnout of eligible voters during a presidential election, according to FairVote.  

"The bigger issue is if you can convince enough people to use the app, and that will vary by country. Surveys show that Germans are extremely privacy-wary, while other nationalities are less so," Greengart said.

He added: "government mandates could undoubtedly trump these concerns."

'It is useful even if just 1% of the population installs it'

Masked passengers ride a subway train in Nanjing in China's Jiangsu province on February 19, 2020. Passengers are called upon to scan QR codes of every train carriages and buses on a mobile phone app so that when a new COVID-19 patient is found, those who shared the same rides can get alerted. Feature China/Barcroft Media

Still, the creators of PEPP-PT (and other experts Business Insider interviewed) say that even without the ideal adoption rates, the framework can still make a significant dent in controlling the spread of coronavirus.

"Even if, say, 40% of people participate, it's going to have quite a strong impact on the epidemic," Salathe said.

Buermeyer was even more forgiving of low adoption: "It is useful even if just 1% of the population installs it, but it gets more useful as a larger percent of people install it," he said.

PEPP-PT's creators are also aware that the coronavirus can spread via contaminated surfaces, and they don't feign to address that. They simply see the project as one potentially major new tool in a toolbox of approaches.

"You won't capture everything with a system like this, but what you manage to capture is probably the dominant route through droplets. That's what we're going for. It's definitely not a catch-all solution," Salathe said. "The vaccine is the end game."

For PEPP-PT to work as an intermediate solution, though, fast, low-cost, and widespread tests are a must — otherwise users can't alert the system to their infection. But some countries, notably the US, still lag in providing sufficient testing.

This story has been updated.

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Original author: Dave Mosher

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20

424th Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M - Sramana Mitra

Business Insider
The two Boeing 737 Max plane crashes that killed 346 people have been attributed to a faulty automated system that pilots say they were not aware of.The crashes have sparked a huge crisis for Boeing, causing it to lose billions, face lawsuits, come under Congressional and regulatory scrutiny, lose plane orders, and lose its status as the world's largest plane maker.There is a cruel irony in Boeing's crisis, as the company has a reputation for being traditionally less in favor of automated systems than Airbus, its biggest rival.And even though Boeing has used automation for a long time, pilots and experts say the company's philosophy was always to keep pilots informed and give them ultimate control."I think why the pilots were understandably so upset with Boeing because, historically, Boeing insisted that they would keep the pilots in the loop," a former US aircraft crash investigator told Business Insider.Visit Business Insider's homepage for more stories.

The global aircraft industry is essentially a duopoly — a decades-long transatlantic rivalry between the US' Boeing and France's Airbus which, as trends change or one is hit by hardship, have continually overtaken each other to temporarily reign as the biggest in the world.

And over those decades, it has been certain philosophies in design and management that have kept the two distinct. The fundamental difference comes down to how those philosophies cause pilots to fly those planes.

Over history, Boeing was known for embracing pilot control over fully automated systems, while Airbus, its French-headquartered, but pan-European rival, pioneered such technology. Both viewed their strategy as fundamental to safety, ending up with similar safety records as a result.

But now, a new automated system that helped bring down two of Boeing's 737 Max planes, and pilots' claims that the company didn't tell them about that system, have caused the biggest crisis in the manufacturer's history. It hemorrhaging cash and trying to appease angry airlines and lawmakers, who could use the crashes to change the rules of aviation forever.

When an automated system failed, killing 346 people on two planes, pilots questioned Boeing's philosophy.

When the first Boeing 737 Max plane crashed in Indonesia in October 2018, killing all 189 people on board, pilots were concerned.

Families of the victims of Lion Air flight JT 610, visit an operations centre to look for personal items of their relatives in October 2018. Ulet Ifansasti/Getty Images

They saw news reports and preliminary information from the investigation that noted that a new automated system in the Max planes had misfired, leaving the pilots on board panicked and unable to regain control of the plane.

In the US, pilots from the Allied Pilots Association, the union that represents American Airlines pilots, turned their anger to Boeing executives, saying they had no idea the automated system was on the planes they were flying.

One pilot said: "I would think that there would be a priority of putting explanations of things that could kill you."

The purpose of the technology — called the Maneuvering Characteristics Augmentation System, or MCAS — was, of course, not to kill pilots.

The system was actually designed to help keep the 737 Max level in the air and prevent the plane's nose from pointing upwards risking engine stalls. It was installed because the 737 Max featured newer, heavier engines than previous 737 models, which had the potential to cause the issue.

Employees walk by the end of a 737 Max aircraft at the Boeing factory in Renton, Washington, US, in March 2019. REUTERS/Lindsey Wasson/File Photo

Boeing then offered assurances that a second crash would not happen, audio from that meeting showed, and said that it had not wanted to "overload the crews with information that's unnecessary" about the plane.

But then, five months later, a second 737 Max plane crashed in Ethiopia, killing the 157 people onboard

Separate investigations into both crashes found that MCAS malfunctions meant the pilots simply could not control the plane, with the final report into the Lion Air crash finding the pilots tried more than 20 times to stop the plane's nose pointing down before it crashed into the sea at 450 mph (724.2 kph).

The findings brought representatives for pilots and cabin crew to Congress, where they told lawmakers that Boeing not giving pilots enough information about the MCAS system was the company's "final fatal mistake."

Family members of those who died aboard Ethiopian Airlines plane sit with pictures of their loved ones during a Senate Commerce Committee hearing in October 2019 as then-Boeing CEO Dennis Muilenburg testified about the crashes. Win McNamee/Getty Images

Such hearings prompted flight crews to say they didn't want to fly on the plane anymore, even when it returns to the sky after its updates are approved by global aviation regulators.

The irony is that Boeing's philosophy was to put the pilot in control

In addition to the wider questions about automation in the industry that the MCAS has raised, a cruel irony has emerged in the aftermath of the crashes: Boeing was known as the planemaker that shunned very powerful automated systems, and trusted the skill of pilots.

An Airbus A350-1000 and a Boeing sign at the 2019 Paris Air Show. REUTERS/Pascal Rossignol

Najmedin Meshkati, an engineering professor at the University of Southern California who studies the role humans play in aviation safety, described the companies as traditionally having "two design philosophies."

"The level of control they give to the pilot and transparency — they're totally different. That's why I was unpleasantly surprised when the Max crashes happened. I thought Boeing even violated its own kudos and design philosophy."

An Ethiopian police officer walks past debris of the Ethiopian Airlines Flight ET 302 plane crash in March 2019. REUTERS/Baz Ratner

And Christine Negroni, an air-safety specialist and the author of "The Crash Detectives," a book about aviation disasters, said "the great irony is that it was Boeing who held back and had this idea that 'We feel the human in control is the best way to go about it. That's our philosophy.'"

Boeing has embraced automation for years, but the MCAS system appears to have been a fundamental break in its philosophy

To suggest that Boeing has not embraced automation would be deeply misleading. The company uses it across its fleet, and has done so for decades. The two plane makers have similar safety records, and aviation has only become safer since new technology has been introduced.

But experts say the key difference is this idea of pilot communication, as well as how had long wanted pilots to ultimately be in control.

Now, they say, MCAS appears to have totally overthrown that commitment.

The cockpit of a 737 Max plane. Associated Press

Alan Diehl, a former investigator with both the US's National Transportation Safety Board and FAA, told Business Insider: "I think why the pilots were understandably so upset with Boeing because, historically, Boeing insisted that they would keep the pilots in the loop."

Pilots and aviation industry experts describe the fundamental difference between Boeing and Airbus as being one about pilot control.

"Boeing always wanted to keep the pilots more in the loop," Diehl said.

"I think so many of the pilots felt they were betrayed by Boeing when they found out about the MCAS because they didn't know really what the function was, or how it worked, and most importantly how to shut it off, or when to shut it off."

Indeed, with the Max, Boeing maintains that pilots were able to override the automatic actions and disable MCAS with manual switches. But pilots say they were unaware of the system itself, never mind how to disable it.

Diehl noted that "automation has crept in to Boeing products" over time. He described MCAS as "a new level of, I don't want to say dis-information, but lack of information. "

"It was almost a total information blackout," he said. 

Chris Clearfield, founder of risk management consulting firm System Logic, a licensed pilot, and co-author of "Meltdown," a book about handling catastrophes, noted that "both Airbus and Boeing planes have an incredible amount of automation."

"Both are really fundamentally highly automated aircraft. I think the difference is that Boeing's design philosophy has always been that the pilots have direct access to the flight controls. Airbus has always put a lot of filtering between that."

Undelivered Boeing 737 Max planes are parked idly in a Boeing property in Seattle, Washington, on August 13, 2019. David Ryder/Getty Images

Mark Goodrich, an aviation lawyer and former aeronautical engineer and test pilot who focuses on automation, said that Boeing and Airbus' philosophies had been coming together long before MCAS.

"The philosophies were dramatically different. But they're not dramatically different anymore. And they have come together. Boeing took a very traditional approach for a long time," he said.

In comparison, Airbus is known for being all-in with automation

Airbus' A320 plane, unveiled in the 1980s, was the first plane to have two highly influential pieces of technology — called fly-by-wire and flight envelope protection — still used to automate parts of flight.

Fly-by-wire — a system that allows pilots to input plane commands into a computer instead of a using mechanical levers or dials — and flight envelope protection, which stops pilots from pushing the plane beyond certain control limits, have now become more or less standard in the industry.

But Michel Guerard, Airbus' vice president for product safety, told Business Insider that when Airbus introduced them "you had people who didn't like it."

"There was an argument about this in the early days," he said.

An Airbus assembly plant in Seville, southern Spain. Reuters

But now versions of fly-by-wire and flight envelope protection can be found on Boeing planes, and Guerard said that most planes now, including from Boeing and Airbus, "pretty much look the same in terms of automation. "

What people think about when it comes to the difference between Airbus and Boeing, then, comes from those early approaches, Guerard said.

"The story about our philosophy being different from Boeing," he said, "comes from the days when we had the A320, which was the first fly-by-wire and flight envelope protected aircraft."

But even as Boeing embraced some automated systems, it is still holding back more than Airbus.

Fly-by-wire on Boeing planes still has physical levers and gives feedback to the pilot that feel like older, manual controls.

And when it comes to flight envelope protection, for example, Boeing can pilots can "push the envelope" — bringing the plane beyond those limits with a lot of effort.

Guerard describes the envelope system as born from the idea that there a range of controls and actions that are safe to do during a flight, and a range of controls and actions that are not.

A worker fits a part to a wing of a partially-finished passenger plane of the A320 series in an assembly hall at the Airbus factory on July 14, 2017 in Hamburg, Germany. Sean Gallup/Getty Images

Pilots have control within those limits, but cannot totally override the plane's authority to go beyond them, because there is apparently no safe reason for them to do so: "The crew is not permitted to crash the aircraft, basically."

Both approaches have fans and detractors in the industry, and both have been credited for both saving lives and contributing to accidents.

John Lauber, the former Chief Product Safety Officer at Airbus, told Business Insider that much criticism of automated technology in planes is "nonsense," and that Airbus data shows that "each succeeding generation of aircraft is safer than its predecessors" as a result of it.

But, he said, automation poses its own challenges for safety if not designed and implemented properly, or if pilots are not properly trained. "But the safety record clearly shows that properly done cockpit automation significantly enhances the safety of aircraft operations," he said.

The 737 Max crisis has allowed Airbus to regain the title of the world's biggest planemaker. But the boost to Airbus has been minimal thanks to the nature of nature of the industry, where planes are ordered years in advance.

Boeing is fixing the Max, but whatever it does now could prove its philosophy has changed for good.

Boeing has spent months working on updates to the MCAS system, so it will take information from more than one plane sensor and can only activate once during flight. Boeing also reversed its position after long arguing that simulator training was not necessary for pilots.

The updates mean giving pilots more control, changing MCAS so it "will never provide more input than the pilot can counteract using the control column alone." Boeing says it will make it one of the safest-ever plane.

Investigators look at the debris from the crashed Ethiopian Airlines Boeing 737 Max plane in March 2019. Jemal Countess/Getty Images

Boeing is also reflecting more widely on the very way it builds planes, establishing a committee to review its design and development of planes, including reexamining how the company designs cockpits and expects pilots to interact with controls.

Peter Pedraza, a Boeing spokesman, said it has resulted in "immediate action" to strengthen safety.

But the fallout from the Max crashes may ultimately be overshadowed by a new crisis for Boeing, as countries around the world lock down their borders and demand for travel plunges due to the coronavirus, threatening the world's airlines and potentially causing them to cancel orders or stop placing new ones.

The virus, combined with its existing Max problems, has already pushed Boeing to offer voluntary layoffs to employees and note that it is in "uncharted waters."

Boeing CEO Dave Calhoun at a ceremony at the White House in January 2020. MANDEL NGAN/AFP via Getty Images

Boeing could also take this moment as a basis to turn to automation more than ever before.

In November, when he was still the company's chairman, Dave Calhoun, Boeing's new CEO, said: "We are going to have to ultimately almost — almost — make these planes fly on their own."

 

Original author: Sinéad Baker

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20

1Mby1M Virtual Accelerator Investor Forum: With Dafina Toncheva of US Venture Partners (Part 2) - Sramana Mitra

The chaos of "Tiger King: Murder, Mayhem, and Madness" is the perfect distraction from quarantine blues. Netflix

If you're hoping to forget your COVID-19 fears and get swept up in the niche drama of big cat captivity in the United States, there's no better quarantine activity than watching Netflix's newest docuseries "Tiger Cat: Murder, Mayhem and Madness."

The hit documentary chronicles the escalating conflict between big cat breeders who own private zoos and animal rights activists — a conflict that culminates in an alleged murder-for-hire plot. Ultimately, though, the appeal of "Tiger King" comes from the chaotic energy of its bizarre and compelling cast. 

Accordingly, the #TigerKing hashtag has dominated Twitter since the documentary premiered and celebrities are already angling to score roles in a potential movie remake. 

You don't have to experience the magic and chaos of "Tiger King" by yourself. Netflix Party, an increasingly popular feature from the streaming service, allows users to download a Google Chrome browser extension that facilitates group-watching. After downloading the extension, you are free to invite friends to watch content simultaneously — and everyone can share their thoughts in a virtual chat. 

For those who have already binged the series, Netflix's endless catalog of docuseries has other options, from "Making a Murderer" to "The Staircase." 

If the real-life drama of tiger breeding and captivity isn't your preferred genre of entertainment, you can peruse the streaming service's selection of sci-fi movies, from "The Matrix" to "The Lobster," or you can check out some of the more popular tear-jerkers for a change of pace. 

 

 

Original author: Margot Harris and Palmer Haasch

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20

1Mby1M Virtual Accelerator Investor Forum: With Alexander Ross of Illuminate Financial (Part 2) - Sramana Mitra

Amazon told employees in a voicemail on Thursday that a person who had been inside the warehouse in Springfield, Virginia, had subsequently been diagnosed with COVID-19, a source told Business Insider.The company confirmed the incident in a statement to Business Insider, saying it was "supporting the individual, who is recovering."Earlier on Thursday, the company told employees at another warehouse in Jeffersonville, Indiana, that a person with COVID-19 had been in the building on March 26. Business Insider previously reported that an image from that facility appeared to show some ignoring social-distancing guidelines.Visit Business Insider's homepage for more stories.

Employees at an Amazon warehouse outside Washington, DC, were told Thursday that a person infected with the novel coronavirus was inside the building on March 31, a source told Business Insider. 

The company has confirmed the incident. "We are supporting the individual, who is recovering," Amazon spokesperson Timothy Carter told Business Insider.

In a recorded phone call on April 2, the online retailer informed workers at its fulfillment center in Springfield, Virginia, just outside the nation's capital, that someone who had been in the building earlier in the week had subsequently been diagnosed with COVID-19. 

A person who received the message said that they felt conditions inside the warehouse were conducive to the spread of the virus.

"I feared for my safety," the source told Business Insider, requesting anonymity. "So many people [were] not being good about complying with physical distancing."

The Virginia location was not the only Amazon facility to report a positive test of COVID-19 on Thursday. Earlier in the day, the company informed employees at a warehouse in Jeffersonville, Indiana, that someone last in the building on March 26 was later found to have been infected.

The Los Angeles Times reported Thursday evening that Amazon had, in the last 24 hours, confirmed four additional infections at warehouses in Southern California.

Amazon has declined to reveal just how many facilities, in total, have reported positive test results among workers. However, there have been reports of COVID-19 cases at no less than 30 company facilities nationwide.

While Amazon has implemented a number of measures to promote health and safety during the pandemic, Business Insider reported Wednesday that managers at the Indiana location appeared to be failing to heed the stated policy of requiring employees to remain at least six feet apart.

Have a news tip? Email this reporter: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Original author: Charles Davis

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21

CV Compiler is a robot that fixes your resume to make you more competitive

A wave of startup layoffs prompted by the coronavirus pandemic appears to have hit almost every sector — travel companies like TripActions, child-care startup Wonderschool and electric scooter startup Bird have all been forced to lay off workers in recent weeks.

Venture-backed startups are grappling with a new economic reality brought by the coronavirus pandemic — plans to raise funding are dissolving rapidly as the threat of a recession grows. Already, funding for private companies has fallen by 12% according to CB Insights and it seems likely to dry up further.  There are also reports from founders saying investors are using the COVID-19 pandemic to renege on deals, Business Insider previously reported.

So as startups begin to draft emergency plans to conserve cash this week, job cuts across the ecosystem have ramped up further, even as the coronavirus outbreak prompts historic layoff activity across the entire US economy. 

Business Insider is tracking the layoffs and what's happening at each company. The numbers are based on our own reporting as well as media reports elsewhere. 

Original author: Bani Sapra

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20

Cloud communications platform Agora closes $70M Series C to create new developer tools

Zoom is improving the security settings on its app, after facing backlash from users.Starting April 5, Zoom will require passwords if a user tries to enter a meeting using just the meeting ID instead of the meeting invite link.It will also turn virtual waiting rooms on by default, so the meeting host will have to manually allow others to join the meeting.These changes are meant to prevent trolls or hackers from entering Zoom calls to share indecent messages or harass users — incidents called "Zoombombing."The new security enhancements come after Zoom CEO Eric Yuan apologized for the many privacy and security issues users found with the app and said the company will take steps to address it.Visit Business Insider's homepage for more stories.

Zoom is taking steps to make its app more secure, after facing backlash from users about the privacy and security settings of its product. 

Starting April 5, Zoom will require passwords if a user tries to enter a meeting using just the meeting ID instead of the meeting invite link. It will also make virtual waiting rooms on by default, so the meeting host had to manually allow others to join the meeting. These two changes will apply to free users and people who have personally upgraded their account to the first level of a paid plan. 

"We're always striving to deliver our users a secure virtual meeting environment. Effective April 5, we are enabling passwords and ​virtual waiting rooms by default ​for our Free Basic and Single Pro users. We strongly encourage all users to implement passwords for all of their meetings," Zoom said in a statement.

This comes after so-called "Zoombombing" incidents, where hackers or trolls will enter random Zoom calls to share indecent messages or other spam, became a frequent occurrence. Zoombombing affected online classes, corporate gatherings, and even virtual Alcoholics Anonymous meetings.

In an email sent to users on Friday the company said: "we've chosen to enable passwords on your meetings and turn on Waiting Rooms by default as additional security enhancements to protect your privacy." It also said previously scheduled meetings will have passwords enabled as well.

The company also explained how to find meeting passwords. "For meetings scheduled moving forward, the meeting password can be found in the invitation. For instant meetings, the password will be displayed in the Zoom client. The password can also be found in the meeting join URL," the email to users said. 

The new security enhancements come after Zoom CEO Eric Yuan apologized for the many privacy and security issues users found with the app and said the company will take steps to address it. One of those steps is stopping the implementation of any new features so the company can focus on solving existing privacy and security concerns.

The rise of Zoombombing prompted the FBI to warn users about the problem earlier this week, and the New York Attorney General to send a letter to Zoom asking what new security measures the company has put in place, if any, to protect user privacy amid its huge surge in usage.

The problem stems from the fact that anyone can join any open Zoom call if they find the meeting ID. Hackers have come up with tools to create giant lists of random meeting IDs, giving them a wide set of calls to crash in on, without knowing what they're walking into. 

The only ways to prevent it are to put a password on the meeting, or to use a virtual waiting room so the host can vet those who are joining. 

Yuan has said that its privacy struggles are rooted in the fact that it was originally intended for businesses, not consumers. But with shelter-in-place and social distancing mandates across the globe to help stop the spread of coronavirus, Zoom's user base has grown exponentially — 200 million daily free and paying users in March, up from 10 million at the end of December.

Got a tip? Contact this reporter via email at This email address is being protected from spambots. You need JavaScript enabled to view it. or Signal at 925-364-4258. (PR pitches by email only, please.) You can also contact Business Insider securely via SecureDrop.

Original author: Paayal Zaveri

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13

Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

Apple has begun offering a $100 reimbursement to store employees working from home and a new mental health benefit.The benefits signal that Apple is continuing to invest in its retail workforce as its stores remain closed.The offerings also come as other major retail chains are resorting to layoffs and furloughs as nonessential businesses across the US remain closed.Apple Stores outside of China have been temporarily closed until further notice since the middle of March.Visit Business Insider's homepage for more stories.

As Apple begins asking some retail employees to work from home while stores remain closed, the company is offering workers reimbursements for purchasing work-from-home equipment and a new digital resource for managing stress, according to three current employees. 

Taken together, the benefits signal that Apple is continuing to invest in its brick-and-mortar workforce as retail chains across the country are suffering and resorting to furloughs and layoffs to cut costs amidst the coronavirus pandemic. 

Apple is offering a $100 reimbursement for retail staff who need to purchase equipment like an office chair or desk, the people said. Apple may also offer reimbursements for those who need to upgrade their internet plan.

The tech giant also added a new wellness tool for retail employees in recent weeks through Sanvello, a digital service for managing stress and anxiety. It's the latest mental wellness perk for Apple workers, as the company had already been offering access to the meditation app Ten Percent Happier.

Apple did not immediately respond to Business Insider's request for comment on the additional resources for workers. 

Apple said on March 13 that it would temporarily close all retail stores outside of Greater China to protect employees and customers as the coronavirus pandemic spread. That was just before states across the country began issuing policies to close nonessential businesses.  

Apple CEO Tim Cook said in a memo published on March 13 that all hourly employees will continue to receive normal pay, and Apple also recently said it intends to continue paying contract workers as well, as The Wall Street Journal reported. 

It recently began asking retail staff to work from home to help manage the influx of customers seeking assistance with their devices, as Bloomberg first reported. 

The move comes as the coronavirus pandemic has sent ripples through the retail, travel, and restaurant industries and has shaken the global economy as 90% of Americans are under orders to stay at home. Hundreds of thousands of retail workers are being furloughed or laid off at major chains like Macy's, JCPenny, the Gap, and others. Companies hit hard by the pandemic, like Amtrak, La-Z-Boy, and Mattress Firm are cutting 401(k) contributions to save cash, according to The Wall Street Journal.

A record number of 6.64 million Americans filed for unemployment benefits in the week that ended on Saturday, coming after the figure spiked to an unprecedented 3.28 million the previous week.

Apple has not yet said when it plans to reopen its retail stores, but a report from Bloomberg suggests stores will remain closed until May. 

Are you currently an Apple Store employee? Business Insider wants to hear from you. Contact this reporter at This email address is being protected from spambots. You need JavaScript enabled to view it..

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Original author: Lisa Eadicicco

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03

The best gaming laptops

Dell

With so many impressive portables, choosing the best gaming laptop overall is no easy feat. That said, we choose the Alienware m15 for the excellent price-to-performance ratio it offers.

When it comes to gaming PCs, the most expensive or beefiest ones aren't necessarily going to be the most ideal options for every user, even if money is of no concern. There are other factors to consider as well: aesthetic, build quality, and display are just some of those. It's why we've picked the Alienware m15 as our best gaming laptop overall.

Alienware's "thinnest 15-inch laptop ever" offers that near-perfect balance of features you could ever want in a gaming laptop, starting with some pretty powerful hardware under the hood. With up to octa-core, 9th-generation Intel Core processors (CPUs) and Nvidia's best GTX and RTX graphics card (GPUs) for gaming, paired with up to 16GB of memory (RAM), it certainly touts internals that are ideal for more than just casual gaming.

Yet, Alienware doesn't stop there. It has also fitted the m15 with a stunning 1080p display that you can upgrade to an impeccable 4K screen, a keyboard that's comfortable to use with anti-ghosting and N-key rollover technology, and plenty of ports. If you have cash to spare, you can even opt to add Alienware's Cryo-Tech cooling v3.0 to keep the laptop extremely cool and prevent thermal throttling. And, did we mention this laptop is VR-ready?

All of that in a 15-inch gaming laptop that's less than an inch thick at its thickest point sounds almost impossible, but here it is. To round it all out, this laptop swaggers with a sturdy magnesium alloy construction and a smart, "2001: A Space Odyssey" inspired aesthetic.

Still, the best part of the Alienware m15 is its price tag. It isn't exactly the cheapest gaming laptop out there, but it does ring in at $1,349.99 for the base model. This is more than reasonable for a laptop of its caliber.

Pros: Powerful specs even in its base model, vast port selection, keyboard is a pleasure to use, gorgeous screen, classy gaming aesthetic, durable chassis, thin for a powerful gaming laptop, just right 15-inch size, affordable price

Cons: Might not be for the budget-minded, pay more for the 4K display and other extra features

$1,349.99 from Dell
Original author: Michelle Rae Uy

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03

ZmURL customizes Zoom link previews with images & event sites

Sick of sharing those generic Zoom video call invites that all look the same? Wish your Zoom link preview’s headline and image actually described your meeting? Want to protect your Zoom calls from trolls by making attendees RSVP to get your link? ZmURL.com has you covered.

Launching today, ZmURL is a free tool that lets you customize your Zoom video call invite URL with a title, explanation and image that will show up when you share the link on Twitter, Facebook or elsewhere. ZmURL also lets you require that attendees RSVP by entering their email address so you can decide who to approve and provide with the actual entry link. That could stop Zoombombers from harassing your call with offensive screenshared imagery, profanity or worse.

“We built zmurl.com to make it easier for people to stay physically distant but socially close,” co-founder Victor Pontis tells me. “We’re hoping to give event organizers the tools to preserve in-person communities while we are all under quarantine.”

Zoom wasn’t built for open public discussions. But with people trapped inside by coronavirus, its daily user count has spiked from 10 million to 200 million. That’s led to new use cases, from cocktail parties to roundtable discussions to AA meetings to school classes.

That’s unfortunately spawned new problems, like “Zoombombing,” a term I coined two weeks ago to describe malicious actors tracking down public Zoom calls and bombarding them with abuse. Since then, the FBI has issued a warning about Zoombombing, The New York Times has written multiple articles about the issue and Zoom’s CEO Eric Yuan has apologized.

Yet Zoom has been slow to adapt it features as it struggles not to buckle under its sudden scale. While it has turned on waiting rooms and host-only screensharing by default for usage in schools, most people are still vulnerable due to Zoom’s permissive settings and reused URLs that were designed for only trusted enterprise meetings. Only today did Zoom concede to shifting the balance further from convenience to safety, turning on waiting rooms by default and requiring passwords for entry by Meeting ID.

Meanwhile, social networks have become a sea of indistinguishable Zoom links that all show the same blue and white logo in the preview, with no information on what the call is about. That makes it a lot tougher to promote calls, which many musicians, fitness instructors and event producers are relying on to drive donations or payments while their work is disrupted by quarantines.

ZmURL’s founders during their only in-person meeting ever

Luckily, Pontis and his co-founder Danqing Liu are here to help with ZmURL. The two software engineers fittingly met over Zoom a year ago and have only met once in person. Pontis, now in San Francisco, had started bike and scooter rental software companies Spring and Scooter Map. Liu, from Beijing but now holed up in New York, had spent five years at Google, Uber and PlanGrid before selling his machine learning tool TinyMind.

The idea for ZmURL stemmed from Liu missing multiple Zoom events he’d wanted to attend. Then a friend of Pontis’ was laid off from their yoga instructor job, and they and their colleagues were scrambling to market and earn money from hosting their own classes over Zoom. The duo quickly built a beta, with zero money raised, and tested it with some yoga gurus who found it simplified promoting events and gathering RSVPs. “We’re all going through a tough time right now. We see ZmURL as our opportunity to help,” Pontis tells me.

To use the tool, you generate a generic meeting link from Zoom like zoom.us/ji/1231231232 and then punch it into ZmURL. You can upload an image or choose from stock photos and color gradients. Then you name your event, give it a description and set the time and date. You’ll get a shorter URL like https://zmurl.com/smy5m or you can give it a custom one like zmurl.com/quidditch.

When you share that URL, it’ll show your image, headline and description in the link preview on chat apps, social networks and more. Attendees who click will be shown a nicely rendered event page with the link to enter the Zoom call and the option to add it to their calendar. You can try it out here, zmurl.com/aloha, as the startup is hosting a happy hour today at 6pm Pacific.

Optionally, you can set your ZmURL calls to require an RSVP. In that case, people who click your link have to submit their email address. The host can then sift through the RSVPs and choose who to email back the link to join the call. If you see an RSVP from someone you don’t recognize, just ignore it to keep Zoombombers from slipping inside.

Surprisingly, there doesn’t seem to be any other tools for customizing Zoom call links. Zoom paid enterprise customers can only set up a image and logo-equipped landing page for their whole company’s Zoom account, not for specific calls. For now, ZmURL is completely free. But the co-founders are building out an option for hosting paid events that collect entry fees on the RSVP site while ZmURL takes a 5% cut.

Next, ZmURL wants to add the ability to link your Zoom account to its site so you can spawn call links without leaving. It’s also building out always-on call rooms, recurring events, organizer home pages for promoting all their calls, an option to add events to a public directory, email marketing tools and integrations with other video call platforms like Hangouts, Skype and FaceTime.

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Pontis says the biggest challenge will be learning to translate more of the magic and business potential off offline events into the world of video calling. There’s also the risk that Zoom will try to intercede and force ZmURL to desist. But it shouldn’t, at least until Zoom builds all these features itself. Or it should just acquire ZmURL.

We’re dealing with an unprecedented behavior shift due to shelter-in-place orders that threaten to cripple the world economy and drive many of us crazy. Whether for fostering human connection or keeping event businesses afloat, Zoom has become a critical utility. It should accept all the help it can get.

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