They’re ripping us off — The chief executives of America’s top 350 companies earned 312 times more than their workers on average last year, according to a new report published by the Economic Policy Institute. The rise came after the bosses of America’s largest companies got an average pay rise of 17.6% in 2017, taking home an average of US$18.9m in compensation while their employees’ wages stalled, rising just 0.3% over the year.
Is it any wonder young Americans are souring on capitalism? Less than half, 45%, view capitalism positively, representing a 12-point decline in young adults’ positive views of capitalism in just the past two years and a marked shift since 2010, when 68% viewed it positively.
While we’re talking about inequality, over 300 newspapers have denounced Trump’s attacks on the media in coordinated editorials.
Can of worms — Yes, we opened it. The White House was forced to backtrack after wildly misstating the level of job gains by African-Americans under Trump’s predecessor, the presidential [see what I did there?] Barack Obama. Trump’s regime was only wrong by 2.9 million jobs, though …
Can Trump legally keep former staff quiet? No, probably not. Manigault Newman’s nondisclosure agreement, like others, contained a no-disparagement clause: a pledge to never, ever disparage the campaign, Trump, Vice President Pence, their families, their families’ companies, and so forth. [And she may have done some really dumb things in her life, like , you know, working for Trump, but at least she refused to sign it.]
Torturing CIA chief — Gina Haspel was confirmed by the US Senate to be director of the CIA on May 17th. But the public never got to see the memos that she wrote and authorised about the brutal torture of Al Qaeda suspects at a CIA black site that she oversaw in Thailand in 2002. Until now. [Yes, it’s weird and horrific. Yes, we should be deeply worried.]
Trade war — when Donald Trump had a brain-fart [does anyone have a better explanation?] and decided to embark on trade wars with America’s biggest trade partners, not many Americans realised what impact this would have in the shops. NPR has investigated what this may mean.
Devices, data and destruction — Artificial intelligence will reshape the world of finance over the next decade. It will do so by automating investing and other services – but it could also introduce troubling systematic weaknesses and risks, according to a new report from the World Economic Forum (WEF).
Firefox snoops — Mozilla has removed 23 Firefox add-ons from its add-on store that snooped on users and sent data to remote servers, a Mozilla engineer told Bleeping Computer. [The real question being why were these ever allowed in the first place?]
Facebook and the murder gf Rohingya — More than 1000 anti-Rohingya posts featuring calls for their murder among other hate speech were live on Facebook last week. But it seems the network is still being used to encourage violence against the Muslim minority in Myanmar despite the tech firm promising to tackle the issue.
Speaking of which, the CW’s new Batwoman, Ruby Rose, is the latest high-profile actor to quit social media after facing harassment from so-called fans over her role. It’s becoming more common for actors and creators to leave social media platforms because of online abuse, enough that it’s starting to feel like an everyday annoyance we can ignore. It’s not. And we shouldn’t.
German kids drowning because of parents’ phone use — The German Lifeguard Association (DLRG) has made a direct connection between children getting into difficulty in the water and parents being too busy on their mobile phones to notice. More than 300 people have drowned in Germany so far this year.
People maim their pets to get opioids — A recent survey suggests that some people struggling with opioid addiction might be turning to a tragically desperate method to get more prescription painkillers: hurting their own pets. And veterinarians themselves may be abusing opioids or helping to illegally sell them.
And forget peer pressure, future generations are more likely to be influenced by robots, a study suggests — The research, conducted at the University of Plymouth, found that while adults were not swayed by robots, children were.
Sleepless people may infect you with loneliness — A new study from the University of California, Berkeley suggests that poor sleep can be a nightmare for our social lives too. It just might turn us into lonely outcasts, capable of spreading our misery to others. [Damn it, I like being a lonely outcast!]
The weather — yeah, it’s really out there. Tiny though they are, microscopic phytoplankton, when infected with a particular virus, may influence atmospheric processes such as cloud formation, according to new research.
But there’s hope — a tiny sliver anyway. The US Department of Defence is one of the few federal agencies that still treats climate change as a threat under President Donald Trump. [The others have either been decapitated or have assumed the Ostrich Position.]
And … people are finally realising climate change is real — The scorching temperatures and forest fires of this summer’s heatwave have finally stirred the world to face the onrushing threat of global warming, claims the climate scientist behind the recent Hothouse Earth report. Following an unprecedented 270,000 downloads of his study, Johan Rockstrom, executive director of the Stockholm Resilience Centre, said he had not seen such a surge of interest since 2007, the year the Nobel prize was awarded to Al Gore and the Intergovernmental Panel on Climate Change. Even in the US, whose president [that’s Donald Trump, although I still feel incredulous about this] has vowed to pull out of the Paris accord, public opinion surveys have shown a growing acceptance of climate science. [See? I always try and end on a good note after this avalanche of human stupidity.]