
Millionaire Model Lily Cole Wastes £200k of Taxpayers’ Money on Preposterous Failed Social Network
British millionaire and model Lily Cole has spent the last three years and £200,000 of taxpayers’ money on a failed charitable social network

British millionaire and model Lily Cole has spent the last three years and £200,000 of taxpayers’ money on a failed charitable social network

Hzone, an online dating service for the HIV-positive, threatened to infect a writer and their family with HIV after learning that the DataBreaches admin would be writing a story about major data leaks from Hzone’s systems in November. The database leaks,

With the rise of Uber, Airbnb, and TaskRabbit, there’s a sinking suspicion that the traditional 9-5 job is being replaced by flexible, independent contract work. But, despite the existence of multiple billion-dollar Silicon Valley startups hiring an army of independent contract workers, economists have had difficulty finding any evidence that Americans were more likely to be self-employed.

(Ferenstein Wire)—Silicon Valley is coming after unionized industries. A top investor in the Valley, Paul Graham, lit up Twitter, tweeting, “Any industry that still has unions has potential energy that could be released by startups. (I don’t mean in simply paying people less, but rather that industries afflicted by unions are sclerotic so have left lots undone.)”

(Ferenstein Wire)—The technology industry is scrambling to understand how it will continue business in Europe, after the continent’s high court struck down a privacy agreement that protected U.S.-based companies operating abroad, known as Safe Harbor.

Global venture capitalists invested $56.31 billion in 4,894 deals during the first half of 2015–the lowest number of deals recorded by the Pitchbook blog over a six month period in the last 25 years. The major reason for a smaller number of companies being funded is that venture capitalists are throwing huge amounts of money at a small number of “unicorns.”