It’s clear that the constant claims of cyberattacks against the US served as a justification to give the US military and intelligence agencies more authorities in the cyber realm.
Seven banking and credit union associations have sent a letter to the Office of the Comptroller of the Currency (OCC), the regulator of national banks in the U.S., spelling out the dangers of the OCC approving a pending bank charter that would allow a national bank to accept and hold deposits that lack federal deposit insurance. The lack of federal deposit insurance triggered the bank runs and banks collapses that played a key role in ushering in the Great Depression. (More on that in a moment.)
Capitalism will not ‘automatically’ morph into some ‘postcapitalist’ or socialist system due to technology replacing the human workforce. As the MARX MEMORIAL LIBRARY explains, ending capitalism will require a conscious, collective action on the part of ‘the many’ — the working classDoes automation spell the end of capitalism?
Trump fired him, most likely!
The big takeaway is Mark Zuckerberg personally threatening Hancock with withdrawing investment in the UK in favour of another European country. Shockingly the threat appears to work. Rather than standing up to Zuckerberg, Hancock instead offers a “new beginning” and a tone shift from “threatening regulation to encouraging collaborative working to ensure legislation is proportionate and innovation-friendly”.Shocking revelations of a meeting between Zuckerberg and Hancock