Google used a secret program called “Bernanke” that used historical bidding data to give its ad-buying system a major advantage over its rivals, an antitrust lawsuit filing claims, a program that earned the company hundreds of millions of dollars in revenue.
Google is in the process of dealing with an antitrust lawsuit from a group of state attorneys general, about its advertising technology and ad industry dominance. In a response to the lawsuit filed by Google in early April, the search company accidentally let slip of some of its behind-the-scenes work.
In the initial version of the filing, seen by the Wall Street Journal, Google failed to properly redact some sections, revealing the secretive business elements. A federal judge allowed Google to refile the properly-redacted version under seal.Source: Apple Insider
Bernanke? Does that tell you something? Oh yeah right! The head of the US Federal Reserve. The one responsible for zero interest rates and money printing. And for the billions of billions for the banks in the financial crisis. For the largest bottom-up redistribution of wealth in the history of the world. That Bernanke!
It’s a zombie economy. For 40 years, we’ve eroded the wages of workers and transfered their share of profit and productivity to owners of capital. This is a problem, because people need money to buy things, and if they run out of money, they stop buying and profits vanish.Source: Cory Doctorow
US President Joe Biden has put Vice-President Kamala Harris in charge of controlling migration at the southern border following a big influx of new arrivals.
Mr Biden said he was giving her a “tough job” but that she was “the most qualified person to do it”. The numbers of people arriving have grown since Mr Biden took office. They include hundreds of unaccompanied minors who are being held in immigration detention facilities. Mr Biden’s predecessor, Donald Trump, was widely criticized over his government’s treatment of young migrants at the US-Mexico border.
Since January, the Biden administration has reversed a policy of turning away unaccompanied children, instead choosing to process them and place them with sponsoring families in the US. But Mr Biden’s critics say his policies have led to a surge in illegal migration.Source: BBC
A team of researchers looked to see whether the success of a startup company can be predicted after it is trending on Twitter.
As a result, the mood on Twitter turned out to be of little significance for long-term success.Source: Heise
With that being said, Twitter is and remains completely irrelevant.