Category Archives: Uncategorized

xxx “Identity fraud significantly increased in 2018, with 189,108 cases recorded an 8% increase on 2017’s figures. Plastic cards were hit the hardest with 82,608 reports of fraud, up 41% from 2017. More fraud means more victims – 19 out of 20 frauds involved a victim left to pick up the pieces. .” From “New annualContinue reading “New annual figures show UK fraud continues to rise”

xxx “Delegated Account Recovery lets people use their Facebook account to recover access to your service if they forget their password.” From “Delegated Account Recovery”. xxx

xxx In practice, “coordinated inauthentic behavior” has become a sort of catchall label for untoward meddling on Facebook, snagging everyone from Burmese military officers to Russian meme spammers. From Project Veritas Admits It’s Violating Facebook Policies. xxx

xxx One of the things we are learning about digital technology is that in almost every area of its deployment it has become an amplifier of inequality. From The robots are definitely coming and will make the world a more unequal place | John Naughton | Opinion | The Guardian. xxx

xxx Global central banks may have to issue their own digital currencies sooner than expected, the general manager of the Bank for International Settlements has said, after Facebook recently unveiled plans to create its own stablecoin. Agustín Carstens, who heads the BIS, known as the central bankers’ bank, told the Financial Times that the organisationContinue reading “Central bank plans to create digital currencies receive backing | Financial Times”

xxx So when I find, buried in Libra’s whitepaper, two sentences that imply Facebook’s real aim in creating Libra is to set the standard for global digital identities, my hair stands on end. From The Real Threat From Facebook’s Libra Coin. xxx

xxx In our view, the bigger narrative here is that Facebook will be able to implement a global identity scheme. From Calibra — Ask Not ‘What’ But, ‘Why’? – CoinShares – Medium. xxx

xxx If you really don’t want to trust Facebook, then use another wallet. From Facebook’s Marcus Says Libra Association Will Be Independent ‘by Launch’ — The Information. xxx

xxx Tearsheet Research polled a small sample of digital finance executives about the relative potential competitive impact of Google, Apple, Facebook, and Amazon (GAFA). The executives gave their readings in two categories: consumer banking and business banking, and over two time frames, over the next one-three years and the next three-ten years. In both bankingContinue reading “Amazon Forges Financial Alliances as Bank Execs Brace for Full Invasion”

xxx Neven says that Google’s best quantum chips have recently been improving at an exponential rate. (This rapid improvement has been driven by a reduction in the error rate in the quantum circuits. Reducing the error rate has allowed the engineers to build larger quantum processors, Neven said.) From Does Neven’s Law Describe Quantum Computing’sContinue reading “Does Neven’s Law Describe Quantum Computing’s Rise? | Quanta Magazine”