Hidden truths: How Reputation.com helps sanitise its 1.6 million client’s online reputation

Hidden truths: How Reputation.com helps sanitise its 1.6 million client’s online reputation

February 1, 2014

Fake versions of yourself online? Anna Funder doesn’t mind the idea, but mass disinformation has its drawbacks.

Recently we took the children to the Spy Museum in Washington DC. All the expected natty James Bond devices were there: a camera in a shoe brush, a .22 calibre pistol in a cigarette, a cyanide pill in the arm of some 1970s spectacles. And more. Read more of this post

Ban banks from wealth management; Economist say banks should get out of wealth management and consumer protection should be improved

Ban banks from wealth management: economists

February 1, 2014

Clancy Yeates

Economists also see no role for banks in wealth management.

David Murray’s financial system inquiry should examine ways to beef up consumer protection and improve disclosure standards for retail investors, some of the country’s top economists say. Read more of this post

Google DeepMind Deal Hastens Computers That Think Like People

January 31, 2014, 10:00 AM ET

Google DeepMind Deal Hastens Computers That Think Like People

By Steve Rosenbush

Deputy Editor

Google Inc.’s latest acquisition—an artificial intelligence company called DeepMind—points toward a not-so-distant future when computers learn and reason the way people do. Of course, this is an evolutionary process, and there’s no neat definition of how human minds work, either. But the direction is clear–computers are increasingly able to learn from experience, to figure context into their decision making, and more. Read more of this post

Private-Equity Firms’ Fees Get a Closer Look; Industry May Be Underpaying Taxes by Misrepresenting Payments

Private-Equity Firms’ Fees Get a Closer Look

Industry May Be Underpaying Taxes by Misrepresenting Payments

MARK MAREMONT

Feb. 2, 2014 4:48 p.m. ET

Gregg D. Polsky, a tax-law professor, has long been a thorn in the side of the private-equity industry. Now he is at it again.

In 2009, Mr. Polsky wrote an article criticizing a strategy that allowed many fund executives to save on taxes by converting ordinary fee income into capital gains taxed at substantially lower rates. The Internal Revenue Service later started examining the propriety of the practice, called a management-fee waiver, and recently said it plans to issue new guidance on it. Read more of this post

Free People, Anthropologie Stores Fuel Urban Outfitters’ Growth

Free People, Anthropologie Stores Fuel Urban Outfitters’ Growth

Company Boasts Savvy Management, Increasing Earnings and a Strong Balance Sheet

SANDRA WARD

Feb. 1, 2014 8:22 p.m. ET

Always an upstart and maverick in the retail industry, Urban Outfitters URBN -0.39% ‘ performance this past holiday season also made it stand out.

Its same-store sales rose a year-on-year 3% for the two months ended Dec. 31. That was a sharp contrast to many of its peers, which posted steep declines—especially those catering to fickle and fiscally challenged teens.

Yet, the gain was less than the 5% anticipated by Wall Street, and disappointed investors sold off the shares.

They focused on the 6% decline in same-store sales posted by the Philadelphia-based company’s flagship chain, Urban Outfitters, which accounts for about 45% of overall sales.

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While the company cited a difficult retailing environment for the sales slide, it mainly blamed its own fashion misses, narrow product offerings, and lack of a clear popular fashion trend, which prompted heavier-than-usual discounting. Rompers, jumpsuits and sweatshirt dresses didn’t catch on among the college-age hipster crowd that Urban Outfitters targets. Read more of this post

Samsung Challenge to Apple and Google Stumbles; Telecoms Balk at Korean Firm’s New Tizen Mobile OS

Samsung Challenge to Apple and Google Stumbles

Telecoms Balk at Korean Firm’s New Tizen Mobile OS

JONATHAN CHENG

Updated Feb. 2, 2014 6:02 p.m. ET

SEOUL—An ambitious effort by Samsung Electronics Co. 005930.SE -0.08% to roll out smartphones powered by a new operating system is on shaky ground.

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The world’s largest smartphone maker is investing a large amount of resources on an operating system called Tizen to challenge the mobile software duopoly of Apple Inc.AAPL +0.16% and Google Inc. GOOG +4.01%

But some of the world’s major wireless carriers are beginning to pull their support of phones slated to run the platform. Read more of this post

The Great Chinese Internet Crash; The Internet suffered perhaps its largest crash of all time on Jan. 21, when most of China’s 500 million Web users were unable to get online for up to eight hours

The Great Chinese Internet Crash

Web freedom is the best answer to Beijing’s foreign media crackdown.

Updated Feb. 2, 2014 4:21 p.m. ET

The Internet suffered perhaps its largest crash of all time on Jan. 21, when most of China’s 500 million Web users were unable to get online for up to eight hours. Nine days later New York Times NYT -2.68% reporter Austin Ramzy was forced to leave China, the latest in a string of foreign journalists denied work visas by the Beijing government. What these stories have in common is worth understanding—especially in Washington. Read more of this post

Report Hints of Strength of Anti-Reform Sentiment in Myanmar

Report Hints of Strength of Anti-Reform Sentiment in Myanmar

SHIBANI MAHTANI AND MYO MYO

Feb. 2, 2014 8:13 a.m. ET

YANGON, Myanmar—A committee looking at potential changes to Myanmar’s Constitution says most people who weighed in don’t want to alter the clause that prevents opposition leader Aung San Suu Kyi from assuming the presidency. Read more of this post

‘My Age of Anxiety: Fear, Hope, Dread and the Search for Peace of Mind’ by Scott Stossel

‘My Age of Anxiety: Fear, Hope, Dread and the Search for Peace of Mind’ by Scott Stossel

By Jen Chaney, Published: February 1

That Scott Stossel is an incredibly anxious person is no longer a secret. He has admitted this, in extensive detail, in his book, “My Age of Anxiety,” in recent interviews and in a lengthy excerpt that became a cover story for the magazine he edits, the Atlantic. He’s a man “buffeted by worry,” he explains, “stricken by a pervasive sense of existential dread” and plagued by various phobias, including claustrophobia, acrophobia (fear of heights), emetophobia (fear of vomiting), aerophobia (fear of flying) and aeronausiphobia (fear of vomiting on an airplane). He’s also mortally afraid of public speaking and typically chokes back some Xanax, blood-pressure medication and a shot or two of vodka every time he prepares to place his mouth near a microphone — which, these days, is fairly often. Read more of this post

Turn the Ship Around!: A True Story of Turning Followers into Leaders Hardcover

Turn the Ship Around!: A True Story of Turning Followers into Leaders Hardcover

by David Marquet  (Author)

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“Leadership should mean giving control rather than taking control and creating leaders rather than forging followers.”
David Marquet, an experienced Navy officer, was used to giving orders. As newly appointed captain of the USS Santa Fe, a nuclear-powered submarine, he was responsible for more than a hundred sailors, deep in the sea. In this high-stress environment, where there is no margin for error, it was crucial his men did their job and did it well. But the ship was dogged by poor morale, poor performance, and the worst retention in the fleet.  Read more of this post

My Age of Anxiety: Fear, Hope, Dread, and the Search for Peace of Mind Hardcover – Deckle Edge

My Age of Anxiety: Fear, Hope, Dread, and the Search for Peace of Mind Hardcover – Deckle Edge

by Scott Stossel  (Author)

A riveting, revelatory, and moving account of the author’s struggles with anxiety, and of the history of efforts by scientists, philosophers, and writers to understand the condition
As recently as thirty-five years ago, anxiety did not exist as a diagnostic category. Today, it is the most common form of officially classified mental illness. Scott Stossel gracefully guides us across the terrain of an affliction that is pervasive yet too often misunderstood. Read more of this post

Humble Inquiry: The Gentle Art of Asking Instead of Telling

Humble Inquiry: The Gentle Art of Asking Instead of Telling [Paperback]

Edgar H Schein (Author)

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Book Description

Publication Date: September 30, 2013 | ISBN-10: 1609949811 | ISBN-13: 978-1609949815

The Key to Effective Communication
Communication is essential in a healthy organization. But all too often when we interact with people—especially those who report to us—we simply tell them what we think they need to know. This shuts them down. To generate bold new ideas, to avoid disastrous mistakes, to develop agility and flexibility, we need to practice Humble Inquiry. Read more of this post

Leaders Eat Last: Why Some Teams Pull Together and Others Don’t

Leaders Eat Last: Why Some Teams Pull Together and Others Don’t Hardcover

by Simon Sinek  (Author)

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Why do only a few people get to say “I love my job”? It seems unfair that finding fulfillment at work is like winning a lottery; that only a few lucky ones get to feel valued by their organizations, to feel like they belong. Read more of this post

Creative Confidence: Unleashing the Creative Potential Within Us All

Creative Confidence: Unleashing the Creative Potential Within Us All Hardcover

by Tom Kelley  (Author) , David Kelley  (Author)

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IDEO founder and Stanford d.school creator David Kelley and his brother Tom Kelley, IDEO partner and the author of the bestselling The Art of Innovation, have written a powerful and compelling book on unleashing the creativity that lies within each and every one of us. Read more of this post

Creative Intelligence: Harnessing the Power to Create, Connect, and Inspire Hardcover

Creative Intelligence: Harnessing the Power to Create, Connect, and Inspire Hardcover

by Bruce Nussbaum  (Author)

Offering insights from the spheres of anthropology, psychology, education, design, and business,Creative Intelligence by Bruce Nussbaum, a leading thinker, commentator, and curator on the subjects of design, creativity, and innovation, is first book to identify and explore creative intelligence as a new form of cultural literacy and as a powerful method for problem-solving, driving innovation, and sparking start-up capitalism. Read more of this post

Innovation–The Missing Dimension

Innovation–The Missing Dimension [Hardcover]

Richard K. Lester (Author), Michael J. Piore (Author)

Book Description

Publication Date: October 29, 2004 | ISBN-10: 0674015819 | ISBN-13: 978-0674015814 | Edition: 1

Amid mounting concern over the loss of jobs to low-wage economies, one fact is clear: America’s prosperity hinges on the ability of its businesses to continually introduce new products and services. But what makes for a creative economy? How can the remarkable surge of innovation that fueled the boom of the 1990s be sustained? Read more of this post

Die Empty: Unleash Your Best Work Every Day

Die Empty: Unleash Your Best Work Every Day Hardcover

by Todd Henry  (Author)

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“Embrace the importance of now, and refuse to allow the lull of comfort, fear, familiarity, and ego to prevent you from taking action on your ambitions…The cost of inaction is vast. Don’t go to your grave with your best work inside of you. Choose to die empty.” Read more of this post

How to Get People to Do Stuff: Master the art and science of persuasion and motivation Paperback

How to Get People to Do Stuff: Master the art and science of persuasion and motivation Paperback

by Susan Weinschenk (Author)

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We all want people to do stuff. Whether you want your customers to buy from you, vendors to give you a good deal, your employees to take more initiative, or your spouse to make dinner—a large amount of everyday is about getting the people around you to do stuff. Instead of using your usual tactics that sometimes work and sometimes don’t, what if you could harness the power of psychology and brain science to motivate people to do the stuff you want them to do – even getting people to want to do the stuff you want them to do. Read more of this post

Shaping Serendipity for Learning: Conversations with John Seely Brown

Shaping Serendipity for Learning: Conversations with John Seely Brown

July 31, 2013 12:40 AM

“Conventional wisdom holds that different people learn in different ways.  Something is missing from that idea, however, so we offer a corollary: 

Different People, 
when presented with exactly the same information in exactly the same way,
 
will learn different things. 
 
Most models of education and learning have almost no tolerance for this kind of thing.  
 
As a result, teaching tends to focus on eliminating the source of the problem: 
 
the student’s imagination.”

-John Seely Brown Read more of this post

Why John Seely Brown Says We Should Look Beyond Creativity to Cultivate Imagination

Why John Seely Brown Says We Should Look Beyond Creativity to Cultivate Imagination

By Heather Chaplin

1.8.14 | John Seely Brown is a visiting scholar and advisor to the provost at University of Southern California and independent co-chairman of the Deloitte Center for the Edge. He was chief scientist at Xerox Corporation and director of the Palo Alto Research Center. He cofounded the Institute for Research on Learning and was a trustee of the MacArthur Foundation until 2012.

This post is part of a series of conversations with thought leaders on digital media and learning, then and now. In conversation with journalist Heather Chaplin, leaders reflect on how the field of digital media and learning (DML) has changed over time, and where it’s headed.

Spotlight: Do I understand correctly that you started professional life as a bookie? Read more of this post

Why Imagination and Curiosity Matter More Than Ever

January 31, 2014, 1:04 PM ET

Why Imagination and Curiosity Matter More Than Ever

By Irving Wladawsky-Berger

Guest Contributor

A few weeks ago I read a very interesting online article: Why John Seely Brown Says We Should Look Beyond Creativity to Cultivate ImaginationJohn Seely Brown, aka JSB, was chief scientist at Xerox Corp. Ltd. and director of its Palo Alto Research Center. He is now the independent co-chairman of the Deloitte Center for the Edge and a visiting scholar at USC.  We’ve been friends for over 20 years. We both serve on the Advisory Board of USC’s Annenberg Innovation Lab. Read more of this post

Nearly Half Of America Lives Paycheck-To-Paycheck

Nearly Half Of America Lives Paycheck-To-Paycheck

Tyler Durden on 02/01/2014 14:45 -0500

While stocks are still near record highs and the inventory-stuffed picture of economic growth for the US ticks up to its fastest pace in 2 years,Time reports that a study (below) by the Corporation for Enterprise Development (CFED) shows nearly half of Americans are living in a state of “persistent economic insecurity,” that makes it “difficult to look beyond immediate needs and plan for a more secure future.” In other words, too many Americans are living paycheck to paycheck… but their findings get worse. Read more of this post

Market Cornered: JPMorgan Owns Over 60% Notional Of All Gold Derivatives

Market Cornered: JPMorgan Owns Over 60% Notional Of All Gold Derivatives

Tyler Durden on 02/01/2014 20:03 -0500

Perhaps the only question we have after seeing the attached table, which shows that as of Q3, 2013 JPMorgan owned $65.4 billion, or just over 60% of the total notional ($108.2 billion) of all gold derivatives in the US, is whether the CFTC will pull the “our budget was too small” excuse to justify why it allowed Jamie Dimon to ignore any and all position limits and corner the gold market? Read more of this post

Indonesia bids to woo carmakers away from Thailand

Indonesia bids to woo carmakers away from Thailand

Sunday, February 2, 2014 – 06:00

Wahyudi Soeriaatmadja

The Straits Times

Honda opened its second car manufacturing factory in Indonesia this month, and Datsun is set to follow suit in April.

Toyota is also looking at expanding production in Indonesia, officials say, as ongoing political uncertainty in Thailand sees businesses and investors look elsewhere in the region. Read more of this post

Pakistan’s privatization tsar embarks on quest to revive economy

Pakistan’s privatization tsar embarks on quest to revive economy

6:55pm EST

By Mehreen Zahra-Malik

ISLAMABAD (Reuters) – Mohammad Zubair was on a cruise dinner with Pakistani Prime Minister Nawaz Sharif in Thailand when he was offered the hardest job of his life: privatizing a huge chunk of the economy while fighting resistance from the opposition and trade unions. Read more of this post

Australia’s home-brewed inflation a hangover for central bank

Australia’s home-brewed inflation a hangover for central bank

2:34pm EST

By Wayne Cole

SYDNEY (Reuters) – The laudable desire of Australians to be well educated and healthy is proving an expensive one as escalating costs add to inflationary pressures even as the broader economy slows. Read more of this post

Global automakers scour India’s backroads in search of dream market

Global automakers scour India’s backroads in search of dream market

4:26pm EST

By Aradhana Aravindan

MUMBAI (Reuters) – For global automakers, the dusty backroads of rural India could be the new El Dorado.

As economic torpor suffocates demand for new cars in India’s megacities, incomes are growing faster in small towns and country areas. That’s pushing the likes of General Motors (GM.N: QuoteProfileResearchStock Buzz) and Honda Motor Co (7267.T: QuoteProfile,ResearchStock Buzz) to fan out in search of buyers in places where fewer than 20 people in every thousand own a car – for now. Read more of this post

The Human Search for Meaning: “He who has a Why to live for can bear almost any How.”- Nietzsche

The Human Search for Meaning

January 28, 2014 by Shane Parrish

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“He who has a Why to live for can bear almost any How.”— Nietzsche

Holocaust survivor Viktor Frankl, is best known for his 1946 memoir Man’s Search for Meaning. The book sheds light on the horrible experiences of Auschwitz and what they taught him about life, love, and our search for meaning. When all seems hopeless, why is it that some people push forward while others subside. Read more of this post

Laws of Character and Personality: “One of the most valuable personal traits is the ability to get along with all kinds of people.”

Laws of Character and Personality

January 27, 2014 by Shane Parrish

“One of the most valuable personal traits is the ability to get along with all kinds of people.”

The Unwritten Laws of Engineering is a book for those engineers who have more obstacles of a personal nature in organizations than technical. First published as a series of three articles in Mechanical Engineering, the “laws” were written and formulated as a professional code of conduct so to speak circa 1944. Although fragmentary and incomplete, they are still used by engineers, young and old, to guide their behavior. Read more of this post

Race-religion rhetoric in Malaysia reaches new heights

Race-religion rhetoric in Malaysia reaches new heights

Sunday, February 2, 2014 – 06:00

Carolyn Hong

The Straits Times

MALAYSIA – A recent spate of vandalism targeting Christian sites has pushed the raging race-religion rhetoric to a new level, leaving Malaysians uncertain as to the direction the country is heading. Read more of this post