Schools have low coronavirus infection rate, German study finds – CNBC

Children in an elementary school class wear masks and sit as desks spaced apart as per coronavirus guidelines during summer school sessions at Happy Day School in Monterey Park, California on July 9.

Frederic J. Brown | AFP | Getty Images

A study of 2,000 children and teachers at a school in the German state of Saxony has found very few coronavirus antibodies among them, suggesting that schools and young people do not play as big a role in transmission as previously feared.

The study was carried out in May by theMedical Faculty of the TU Dresden and University Hospital Carl Gustav Carus and the results of the first test phase were released Monday.

The results showed that out of 2,045 blood samples collected from students and teachers from across 13 secondary schools in the region only 12 samples were found to contain antibodies against Covid-19.

Tests were carried out in several schools where there had been known outbreaks of the virus, and 24 of the participants had at least one confirmed coronavirus case in their household. Nonetheless, only one of those 24 participants was found to have antibodies, the study noted.

It is the largest study in Germany to date and was carried out after the country reopened schools after lockdown, with the aim of assessing how many students and teachers carry antibodies against the virus and how its spread changes over time.

The results showed that"the dynamics of virus spreading have been overestimated," the universities said, adding that the study suggested that schools did not become the coronavirus "hotspot" after reopening, as had been feared.

"The numbers provide information about the current immunity status of teachers and students ... (and) provide important clues as to how school operations can continue after the summer holidays," theMedical Faculty of the TU Dresden said in a statement Monday.

"Corona cases were confirmed in three of the schools examined.Nevertheless, above average antibodies were not detectable among the teachers and students of the institutions concerned, which suggests that the schools have not developed into hotspots," the statement noted.

Professor Reinhard Berner, director of the Clinic and Polyclinic for Pediatrics and Adolescent Medicine of the University Hospital Carl Gustav Carus, said the study suggested that children did not spread the virus as much as had been believed.

"We are going into the summer vacation 2020 with an immunity status that is no different from that in March 2020.Of the more than 2,000 blood samples examined, only 12 were able to detect antibodies, which corresponds to a share of well below one percent.This means that a silent, symptom-free infection in the students and teachers we examined has so far occurred less frequently than we had suspected," he said.

Speaking at a news conference Monday, Berner reportedly stated that"children may even act as a brake on infection," according to Reuters, saying infections in schools had not led to an outbreak and that the spread of the virus within households was also less dynamic than previously expected.

"These results of the investigation provide evidence that virus transmission in families is not as dynamic as previously thought,"Berner said in a comment within the study.

"More than 20 of the examined subjects had at least one proven corona case in the family;however, antibodies were found in only one of these study participants, which would mean that the majority of schoolchildren did not go through an infection themselves despite an infection in the household.This finding must also be taken into account when it comes to deciding on measures to limit contact."

He added thatthe study was representative for the state of Saxony, however, which has a relatively low rate of infection compared with other parts ofGermany.

The study is the latest to analyze the presence of antibodies among individuals and there is an increasing amount of evidence to suggest that coronavirus antibodies might wane over time, as WHO officials noted Monday.

A U.K. study published Saturday suggested that immunity to Covid-19 may only last a few months, with research showing that the antibody response to the virus peaked around three weeks after the first onset of symptoms but then began to decline in as little astwotothree months.

Going into the methodology of the German school study in more detail, physicians from the Dresden University Hospital Carl Gustav Carus examined a total of 2,045 blood samples from schoolchildren and teachers from 13 secondary schools in Dresden and the districts of Bautzen and Grlitz.Of the 2,045 samples, 1,541 came from schoolchildren, mostly in grades eight to eleven (13-16 years old).

In addition, a total of 504 teachers participated, their ages ranged from 30 to 66 years.The proportion of male and female study participants was roughly the same among schoolchildren. Coronavirus cases were diagnosed in some of the 13 schools, the study noted.

More here:

Schools have low coronavirus infection rate, German study finds - CNBC

Test-driving this obscure 1997 sports car convinced Elon Musk to make electric cars and invest in Tesla – CNBC

In the early 2000s, Tesla Motors was a small start-up underdog in the automotive industry.

Itfacednaysayers because "no one was doing electric cars," CEO Elon Musk said on the "Third Row Tesla" podcast in February.

But despite the odds, Tesla became the world's most valuable automaker itsmarket capitalization surpassed Toyota'sfor the first time on July 1.

And thanks to Tesla's success, on Friday, CEO Musk became the seventh-richest person in the world, according to the Bloomberg Billionaire Index. His net worth is currently$70.5 billion. (Musksurpassed in wealth even legendary investor Warren Buffett, who is worth $69.2 billion, although Buffett did announce a donation of nearly $3 billion in Berkshire Hathaway shares on Wednesday.)

Musk recalled on the "Third Row Tesla" podcast in February the experience that led him to invest in Tesla in the first place.

In 2003, Musk, long interested in sustainability and electric cars, test drove a model car called the Tzero.

[The first Tzero model] literally didn't have doors or a roof, or any airbags or an effective cooling system. It was not safe or reliable," Musk said on the podcast. But it intrigued him.

The electric sports car built in 1997 by a small California company calledAC Propulsion, was essentially a version of "the prototypical Tesla Roadster,"according to Wired. But while AC Propulsion founder Alan Cocconi and then-CEO Tom Gage were "technology visionaries,"according to Wired,they didn't have "the entrepreneurial vision to see just how big an idea it could become" or "the means to achieve it."

Musk did.He was inspired and saw an opportunity to bring the electric car to market.

Although Musk didn't want to take on another start-up (he had just founded aerospace company SpaceX), he asked Cocconi and Gage if he could commercialize the Tzero. They agreed, according to Musk, and Gage suggestedMusk speak with electric car start-up Tesla Motors and its founders, engineers Martin Eberhard and Marc Tarpenning, whowere alsolooking to commercialize the Tzero.

With money Musk earned as a co-founder of PayPal, which eBay bought for $1.5 billion in 2002, he invested $6.3 million in start-up Tesla Motors in 2004, according toWired. (The company had five co-founders: Eberhard and Tarpenning, who started the original Tesla Motors in 2003, as well as Ian Wright, JB Straubel and Musk.)

Four years later, Musk became the CEO of Tesla after deciding to invest more of his personal fortune into the company.

"Major credit to AC Propulsion for the Tzero electric sports car 1997-2003 that inspired Tesla Roadster," the electric car company's first release, Musk tweeted in December 2018.

"Without that, Tesla wouldn't exist or would have started much later."

Check out: The best credit cards of 2020 could earn you over $1,000 in 5 years

Don't miss:

Original post:

Test-driving this obscure 1997 sports car convinced Elon Musk to make electric cars and invest in Tesla - CNBC

Tesla registrations in California nearly halved in second quarter – CNBC

Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020.

Aly Song | Reuters

Tesla's vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data.

Most parts of the United States were under government-imposed stay-at-home orders between April and June to combat the spread of the coronavirus outbreak, which impacted production and caused a plunge in auto sales.

Tesla's only U.S. vehicle factory in California was shut for some six weeks of the quarter.

The report released on Wednesday showed registrations in California, a bellwether market for the electric-car maker, plummeted almost 48% from a year earlier to 9,774 vehicles in the three months ended June 2020.

Model 3 registrations in the state, which accounted for more than half of the total registrations, fell 63.6% to 5,951 vehicles.

Total vehicle registrations in the 23 states from where the data was collected fell nearly 49% to 18,702 vehicles.

The automaker had earlier this month outpaced analysts' estimates for vehicle deliveries in the second quarter, defying a trend of plummeting sales in the auto industry as Covid-19-related lockdown orders kept people at home.

Registration figures might not accurately reflect the number of vehicle deliveries during the quarter as registrations in the United States typically take about 30 days from the time of sale.

Subscribe to CNBC on YouTube.

Read more:

Tesla registrations in California nearly halved in second quarter - CNBC

Shifting Gears transportation newsletter: Tesla, a new Bronco, and more – Business Insider – Business Insider

Happy Friday and welcome back to Shifting Gears, Business Insider's weekly roundup of all things transportation.

We're back from a few weeks' hiatus and there's plenty of things to catch you up on. Don't forget to sign up here to get this sent straight to your inbox every week.

Let's dive in:

The world's most valuable automaker can gain and lose the entire market value of one of its Detroit competitors in a single day's trading. The meteoric rise has even made Wall Street analysts scratch their head to explain it.

To understand the stark difference between Elon Musk and his competitors, there are two key charts to digest. Here's what you need to know.

Dave Mosher interviewed Peter Beck, founder and CEO of SpaceX competitor Rocket Lab, and talked about its recent mission failure and what comes next.

"You don't get into this business and don't expect to have a failure," he said. You can read all the conversation's highlights here.

The automaker this week revealed a fresh version of its iconic Bronco SUV the one of OJ Simpson fame and the pre-order frenzy crashed its website.

Kristen Lee points out that "love for off-roading and 'go-anywhereness' never went away, as evidenced by fans and buyers of the off-roading Ford F-150 Raptor pickup truck. Match that enthusiasm with the return of a body-on-frame, cartoonishly boxy four-wheel-drive off-roader with a famed nameplate and cultlike following, and it could challenge the Jeep Wrangler. No wonder customers said the site crashed."

Airlines saw an uptick in reservations as lockdown orders began to lift, helping the stocks get their feet back under them a bit. But with virus cases still surging in the US more than anywhere else in the world travel plans seem to have hit a plateau.

And with money from the first round of economic stimulus soon to run out at the end of July, many of the largest airlines have warned of impending layoffs. In hindsight, Warren Buffett's exit seems very well timed.

Get the latest Ford stock price here.

Read the original:

Shifting Gears transportation newsletter: Tesla, a new Bronco, and more - Business Insider - Business Insider

Bulls And Bears Of The Week: Disney, GE, Tesla And More – Benzinga

As the effects of the pandemic continued to dominate the headlines, the Dow Jones industrial average and the S&P 500 ended the week marginally higher, while the Nasdaq slipped about 1%.

It wasa week in which investors were keeping an eye on Warren Buffettand the big banks kicked off the dreaded new earnings season with mixed results. A top social media platform suffered a large, embarrassing hack, and an iconic name returned to the auto market.

Benzinga continues to examine the prospects for many of the stocks most popular with investors. The following are some of this past week's most bullish and bearish posts that are worth another look.

"Credit Suisse Doubles Tesla Price Target: 'Priced For Perfection'" by Priya Nigam suggests that Tesla Inc (NASDAQ: TSLA) has delivered a phenomenal rally in 2020 and hasmorepositive catalysts ahead.

In "Why Microsoft Is Morgan Stanley's Top Pick Ahead Of The Q4 Print," Sanju Swamy examines why near-term demand and secular trends should benefit Microsoft Corporation (NYSE: MSFT).

A flurry of bullish option trades suggests some deep-pocketed investors see significant upside for General Electric Company (NYSE: GE), according to Wayne Duggan's "Flood Of Unusual GE Call Buying Suggests Major Upside In The Next 6 Months."

Shanthi Rexaline's "Moderna Analyst: Coronavirus Vaccine Will Get Approved, Clock $5B+ In Orders Over Next Few Years" reveals why one analyst predicts billions in sales for Moderna Inc (NASDAQ: MRNA).

"Nvidia Analyst Says AI Is Fueling Data Center Growth" by Jackson Chen discusses why the pandemic driving artificial intelligence demand is a boost for NVIDIA Corporation (NASDAQ: NVDA) stock.

For additional bullish calls, also have a look at "The Cybersecurity Stocks That Could Benefit From The Twitter Hack"and "10 Reasons Why Investors May Start To View Walmart As A Tech Stock."

In Priya Nigam's "Netflix Lacks Lack Near-Term Catalysts, Credit Suisse Says After Q2 Report," see what lies ahead for Netflix Inc (NASDAQ: NFLX) after the crisis-driven boost in viewership.

Wayne Duggan's "Disney's Stock Falls On Downgrade, Cowen Says Parks Won't Fully Recover Until 2025" looks at why one Walt Disney Co (NYSE: DIS) bull has run out of patience as the pandemic drags on.

The recent run at Spotify Technology SA (NYSE: SPOT) has made its valuation less attractive. So says "Spotify Hit With Double Downgrade As Upside Optionality Looks Fully Priced In" by Shanthi Rexaline.

Be sure to check out "Several Fundamental Risks Overlooked As Tesla Approaches $2,000: Morgan Stanley"and "OPEC Warns Second 'Strong Wave' Of Coronavirus Will Lead To Drop In Oil Demand."for additional bearish calls.

At the time of this writing, the author had no position in the mentioned equities.

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

View post:

Bulls And Bears Of The Week: Disney, GE, Tesla And More - Benzinga

Instead of criticizing valuations of Tesla & Apple, embrace them – Economic Times

By Saku PanditharatneThe Covid-19 pandemic may have hurt the economy, but for technology stocks it feels like 1999 again. The Nasdaq Composite Index just reached a record high having rebounded about 50% from its low of the year in March. The stock market is not the economy, but it does feel strange for stocks to be soaring in the middle of a deep recession.

The difference is timescale: stock prices represent revenue and earnings very far out into the future, not today. If plans for new technology are sound, the outlook can still look bright even though the present seems gloomy. The rationale for sky-high valuations for tech stocks in the late 1990s also came from projected profits in the decades to come. These so-called concept stocks won investors through a compelling story about future potential, even though the company in the near term would generate little-to-nothing in terms of real revenue.

Maybe concept stocks were a crazy phenomenon from a more exuberant time, such as Beanie Babies or jelly shoes. But take Tesla Inc. True fans are buying the stock because they believe in a vision of a technologically advanced electric car and other products, while grouchy short-sellers write long, critical blog posts about the companys weak balance sheet and high debt. Is it better to price the stock on the concept, or on the fundamentals alone? Neither seems like the perfectly accurate way to value the company.

Valuations that are too high can lead to vaporware and waste, but a valuation that is too low can become a self-fulfilling prophecy. In other words, if Tesla were valued only on its balance sheet, the company might not be able to raise enough cash to keep building and developing electric cars. It seems a fairly safe bet that Tesla is innovative enough to keep coming up with new inventions, above and beyond their existing revenue lines, but when new products are involved, the expected future profit and revenue over the long term is difficult to predict.

Many people would put a high probability on Apple Inc. coming out with a new product, such as virtual reality glasses, but the companys shares were trading at around a relatively paltry 20 times earnings through much of 2019, which amounted to not much more than future iPhone revenue. Although the ratio has moved up to about 30, that still seems low for a company like Apple and may be a sign investors are shifting away from valuing it just on iPhone revenue. Experienced venture capitalists are happy to take the risk on hypothetical products for early-stage startups, but the stock market hasnt figured out how to price in products that are yet to be created by established public companies.

To be sure, the difficulty of pricing in new product lines does exist in the realm of private companies. Softbank Group Corps Vision Fund made big and bold bets in promising companies, valuing them above what their revenue might suggest. But some of these companies were not able to meet their targets, collapsing under the weight of too much capital. For growing tech unicorns, valued in the $1 billion to $50 billion range, it is certainly difficult to raise money for a new product line based on intangible assets. Capital should be flowing into these highly innovative, cutting-edge companies in the current low-interest rate world, but few understand how to structure the appropriate financing.

With an economy in trouble, the path back to prosperity depends on tech companies rapidly scaling up, generating revenue and creating jobs. Finer-tuned pricing of intangible assets could speed up the recovery process, allowing growing tech companies to raise money for new product lines, rather than just to scale up old ones. It could also help them to acquire old economy companies in leveraged deals financed around symbiotic revenue benefits.

In some ways, intangible capital is reminiscent of the nascent days of high-yield bonds in the 1980s, in that an accurate formula could change the world. Price it correctly, and you would be able to leverage small amounts of capital to totally reshape the economy instead of promoting breakups and hostile takeovers. So instead of criticizing high stock prices for tech companies, embrace and understand them for they may be the key to the economic recovery. The race is on to figure out the winning formula.

Originally posted here:

Instead of criticizing valuations of Tesla & Apple, embrace them - Economic Times

Teslas earnings on tap next week: Will a loss end its blowout stock rally? – MarketWatch

Tesla Inc.s second-quarter results come amid another massive rally for the stock, which has boosted the companys valuation to nearly $300 billion.

The Silicon Valley car maker TSLA, +0.01% is expected to report quarterly numbers on Wednesday after the bell. A call with analysts at 5:30 p.m. Eastern will follow.

Teslas shares have quadrupled in price this year, with volume nearly tripling this week from a six-month average.

The rally has pushed the electric car makers market value to around $280 billion, making Tesla the most valued car company in the world after Japans Toyota Motor Co. TM, +0.45%, which sold more than 10 million vehicles last year, including 2.4 million in North America.

Don't miss:Tesla at $2,000 is new bull case for Morgan Stanley

Wall Street is calling for GAAP and adjusted quarterly losses for Teslas second quarter, but that hasnt quelled hopes that Tesla could surprise markets with a quarterly profit, which would put the stock on track to join the S&P 500 index within three to six months. One of the criteria for the indexs inclusion is GAAP profitability for four consecutive quarters.

Joining a major index would get Tesla shares to the portfolios of thousands of index-tracking funds, and send managed funds scrambling to catch up with it as well.

Heres what to expect:

Earnings: Consensus from 33 Wall Street analysts polled by FactSet calls for a GAAP loss of $1.02 cents a share, which would compare with a GAAP loss of $2.31 a share in the first quarter of 2019. The analysts expect an adjusted loss of 14 cents a share, which would compare with an adjusted loss of $1.12 a share a year ago.

Estimize, a crowdsourcing platform that gathers estimates from Wall Street analysts, as well as buy-side analysts, fund managers, company executives, academics and others, is expecting an adjusted profit of 6 cents a share.

Revenue: The analysts surveyed by FactSet expect sales of $5.15 billion for Tesla, down from $6.35 billion a year ago. Estimize sees revenue of $5.32 billion for the company.

Stock movement: So far this year, Tesla shares have gained 260%, a stark contrast with losses of around 6% for the Dow Jones Industrial Average DJIA, -0.23% and breakeven for the S&P 500 index SPX, +0.28% in the same period.

What else to expect: A clearer picture of the coronavirus pandemic impact on the company will likely emerge with the quarterly results.

For most of the three-month period, Teslas sole U.S. car-making factory in Fremont, Calif., was closed (and became a point of contention between Chief Executive Elon Musk and local health authorities, with the factory reopening against shutdown orders), with production from Teslas Shanghai factory offsetting some of the effects of Fremonts closing.

The share rally, which started in December, most recently picked up steam after the company earlier this month reported better-than-expected second-quarter sales without Fremont at full speed.

The stocks valuation is likely dislocated from traditional valuation metrics, analysts at Evercore ISI said in a recent note.

Tesla could weaponize it, and go for another equity raise, despite having done so as recently as February, they said. The money could be used to improve its balance sheet, and expand capacity faster.

More clarity on the pace of Model Y production and deliveries is also high on investors list for the quarter.

See also:Tesla stock rockets higher as quarterly sales crush expectations

Tesla lumped second-quarter production and sales of the Model Y, a compact SUV, with those of the Model 3, saying that it sold 80,050 and produced 75,946 of both, the vast majority being Model 3s.

Besides the focus on demand for the Model Y, Wall Street is bound to parse out any mention of 2020 sales goals.

Tesla in April said it has the capacity installed to deliver more than half a million vehicles in 2020 despite announced production interruptions.

The analysts at Evercore ISI on Monday tweaked higher their expectations for 2020 deliveries to 460,000 vehicles, from their previous expectation of 435,000 vehicles. The FactSet consensus calls for 435,000 units to be sold this year.

Another potential catalyst for the shares is around the corner, and Tesla could provide more details about it during the call. Tesla has set its battery day for Sept. 22 alongside its annual shareholder meeting. The expectation is that the company will unveil a million mile battery and showcase advances that would put the company comfortably ahead of competition.

Battery-technology innovations remain the key ingredients in Teslas success on the battery front and we believe the company is getting closer to announcing the million mile battery, Dan Ives of Wedbush said in a recent note. Such a battery could last for decades, withstand all types of weather/terrain, and be another major milestone for the Tesla ecosystem.

Link:

Teslas earnings on tap next week: Will a loss end its blowout stock rally? - MarketWatch

New Music Friday: JARV IS Beyond The Pale – Live4ever

By Live4ever -Posted on 17 Jul 2020 at 4:42am

Jarvis Cocker has released his debut album with the JARV IS collective today have listen on New Music Friday.

Beyond The Pale is released after Cocker first began performing under this slightly adjusted guise back in 2017 with Serafina Steer, Emma Smith, Andrew McKinney, Jason Buckle and Adam Betts; indeed, the records bare bones are recordings of live performances which have taken place since that introduction at Sigur Ros Norur og Niur festival in Iceland.

What emerges from a process which began semi-live is a record which similar to Baxter Drurys The Night Chancers is about dislocation, libido and growing older, one free from bitterness and observed as ever from the peculiar, perceptive view of a natural storyteller, our 8/10 review reads.

This bemusement at the modern world first breaks cover on MUST I EVOLVE?, six-minutes-plus of tantric jam and lyrical ruminations on where weve all come from, bearing confused witness to now and the futility of turning into anything else. Motorik and bafflingly good, its counterpoint is House Music All Night Long, a masterpiece of understated shuffling funk and MOR flourishes that sees club music stripped of all its abandonment, a Sorted For Es & Wizz with neither hedonism nor companionship.

Just Published:

See the rest here:

New Music Friday: JARV IS Beyond The Pale - Live4ever

Mars missions: NASA, China and the UAE launch new spacecraft this month – CNET

We're not sending astronauts to Mars yet, but July marks a significant month for launches to the red planet, aimed at seeking signs of life.

With travel greatly restricted across the planet, you might feel a little jealous of the three robotic explorers scheduled to depart to Mars in the next month. From this week until mid-August, a bevy of spacecraft will depart Earth with a one-way ticket to the red planet, tasked with uncovering secrets about past life and the planet's unusual atmosphere.

NASA will send the Perseverance rover, a next-gen wanderer that willexplore an ancient lake bed, looking for evidence of alien life. The Chinese space agency is launching a triple threat: An orbiter, lander and rover are on a mission to make China just the third country to land on Mars. And then there's Hope, the United Arab Emirates' orbiter, set to study the Martian atmosphere like never before.

It might seem unusual so many Mars missions are launching in such a small amount of time, but I can assure you it's not because the robots have achieved sentience and decided to flee the garbage fire that 2020 has become. It's justphysics.

From the cosmos to your inbox. Get the latest space stories from CNET every week.

The Earth and Mars orbit the sun at different speeds, but every 26 months, their orbits line up neatly enough for space agencies to take advantage of something known as a Hohmann transfer orbit.

"We do this kind of transfer orbit in order to use the least fuel," says James O'Donoghue, a planetary scientist with Japanese space agency JAXA. "We also must aim where Mars is going to be in the future."

"It's like passing a football to a striker, you've got to aim where they're going to be," he says.

The trajectory of the Insight lander (purple) as it leaves Earth (blue) and heads to Mars (green). The sun is the yellow dot, center-left.

NASAtook advantage of this window when it launched InSight,the Marsquake detector, back in May 2018. You can see the transfer orbit in action in the image to the right.

Mars is particularly good at destroying our robotic explorers: History shows that aroundhalf of the missions to Mars fail. But to paraphrase rogue galactic adventurer Han Solo, it appears three space agencies like those odds. Here's a brief overview of what you need to know about the big month of Mars missions.

Click here and you can find links on how to watch the upcoming launches live.

The atmosphere of Mars is much thinner than that of Earth and is primarily composed of carbon dioxide. It's so thin scientists are fairly certain liquid water cannot exist at the planet's surface but there're still a number of mysteries astronomers hope to solve about the red planet's atmospheric conditions.

Notably, Mars has thrown up some interesting questions when it comes to gases and the atmosphere. There's been an intense investigation of its methane, which seems to spike periodically in different regions across the surface.

To learn more about the planet's weird atmosphere, the United Arab Emirates will send the "Al Amal" probe -- also known as "Hope" -- to Mars on an unspecified date later in July. The small car-sized probe will unfurl its solar panels early in the mission and use star tracking to navigate its way to the destination. Once it reaches Mars in February 2021, it's orbit will see it circle Mars once every 55 hours.

So far, only the US and Russia have been able to land on the surface of Mars. China, however, has made one attempt to reach Mars' orbit -- but the rocket it was launched on never made it to space.

China is ready to make another attempt with Tianwen-1, a spacecraft containing a Martian orbiter, lander and a rover. It's name is inspired by a Qu Yuan poem of the same name and means "Questions to Heaven." Though only weeks away, the mission remains shrouded in secrecy. However, reports suggest it will look for signs of life and use ground-penetrating radar to help map the surface.

China has been particularly active in space exploration lately. At the beginning of 2019, it was able to land a rover on the far side of the moon for the first time but this mission was also rather secretive -- China didn't even provide an update of the landing site for a few weeks. Yutu-2, the rover, has been working away on the lunar surface,discovering unusual gel-like substances (which turned out to be some rock) and continuing on its merry way across the desolate plains.

Tianwen-1 is currently scheduled to launch on July 23 and, like the two other spacecraft heading to Mars, expected to arrive sometime in February 2021.

When a giant Martian dust stormended the history-making mission of the Opportunity in early 2019, only onerollingscience laboratory was left operational on the surface: Curiosity.

But in February 2021, provided all things go as smoothly as planned, NASA's lone rover will be joined by two new robotic allies: Perseverance,a cutting-edge alien hunting lab, andIngenuity, a "helicopter" set to take to the skies of the red planet.

Ingenuity could become the first vehicle flown on another planet, provided it unfurls from the belly of Perseverance correctly and is able to take to the Martian skies. It's hoped the mission will enable new ways to explore different worlds and potentially as-yet-unexplored moons of Jupiter or Saturn.

Now playing: Watch this: How NASA's Mars helicopter could change the future of...

5:20

Perseverance's touchdown point is an ancient lake bed known as Jezero Crater. The crater appears to have once been full of water and Perseverance's suite of scientific instruments should be able to analyze the soil and sediment to see if there's any possibility life once thrived there. It will also cache samples and leave them on the surface of Jezero Crater, with further missions to Mars aimed at retrieving the samples and bringing them back to Earth.

NASA's stance is that life cannot exist on Mars in the modern-day -- it's too cold and too dry. But Perseverance could answer the question "are we alone in the universe?" by finding the telltale signs of life in geological formations. Here's hoping it survives the"seven minutes of terror" synonymous with Martian landings.

If you're looking to catch the launch of the UAE's Hope probe and NASA's Perseverance rover to the red planet this month, you'll find them below. And if you're interested in celestial events and rocket launches, we recommend syncing your calendar with CNET's Space Calendar -- you'll never miss a launch again.

Note: A livestream of the Tianwen-1 launch is not expected and the dates are subject to change.

The rest is here:

Mars missions: NASA, China and the UAE launch new spacecraft this month - CNET

Why automation will underpin the future of channel management – ARNnet

Jay McBain (Forrester Research)

The days of manual, labour-heavy channel management processes could be coming to an end, with at least one industry analyst suggesting the future of channel partner programs and ecosystems will be anchored on automation, flexibility, scalability and self-service.

Given the rapidly shifting partner landscape, channel leaders and business-to-business marketers in the channel sector will find it increasingly difficult to succeed with manual, human-centric processes, according to channel partnerships and alliances principal analyst at Forrester Research Jay McBain.

Likewise, those individuals and organisations in the channel management space still relying on spreadsheets to manage their partner programs are set to struggle, McBain suggested in an online post.

Returning to the prospect of the so-called trifurcated channel model which played a major role earlier this year in McBains 2020 outlook for the channel and involves the separation of the channel landscape into influencer, transactional and retention categories the analyst suggested that managing multiple concurrent activities without sufficient automation is no longer possible.

This is where the channel software tech stack as McBain calls it comes in, providing the breadth and depth of solutions needed for channel-facing businesses, particularly vendors, to better manage their partner ecosystems.

The channel technology stack is a group of technologies that firms leverage to plan with, find, recruit, onboard, develop, enable, incentivise, co-sell with, co-market with, manage, measure, and report on partners, McBain said in his post.

It seems difficult to imagine that the relationship-driven nature of partner engagement, along with the human touch needed to make those relationships work, will no longer continue to be an essential factor in channel management.

However, McBain reckons that automation and other technology-based solutions are already becoming a dominant factor in the ultimate success or failure of the effective management of a channel ecosystem.

Delivering automation of indirect sales processes, workflows, and partner programs, channel software is becoming increasingly critical to a brands ability to win, serve, and retain its customers and partners. Its a fast-growing market, with 59 per cent of companies increasing spending across the stack, he added.

So, why is such specialised software essential today and into the future?

From McBains perspective, partner programs generate loads of data from a bunch of different internal and external systems. At the same time, data can often arrive at unpredictable intervals, and is sometimes incomplete or inaccurate.

Moreover, such data doesnt always offer an integrated view of each partner or channel performance as a whole.

Additionally, channel programs can also be very expensive, according to McBain, with front- and back-end discounts, rebates, programs, and incentives costing anywhere between 10 per cent to 50 per cent of the overall sale.

But, according to McBain, vendors are finding solutions to deal with these issues.

Vendors are quickly overcoming these challenges and beginning to offer AI [artificial intelligence]-infused, real-time, actionable insight, McBain said.

To accelerate performance of their partnerships, alliances, and channel ecosystems, companies are evaluating and adopting a range of contributing technologies. Often, the focus of channel technologies is to manage, monitor, and measure the partner journey while improving the overall partner experience, he said.

The channel software tech stack, according to Forresters research as outlined in The Forrester Tech Tide: Channel Software, Q2 2020 is made up of at least 159 companies, including IBM, Oracle, Salesforce, and SAP, along with small startups delivering point solutions, across seven technology categories, which are:

Partner relationship management (PRM);

Through-channel marketing automation (TCMA);

Channel learning and readiness (CLR);

Channel incentives management (CIM);

Channel data management (CDM);

Channel financials, pricing, and inventory;

And, channel ecosystem management.

Today, these even categories as a whole drive roughly US$2.1 billion in pure software revenue, Forresters research suggests, with the vast majority of these solutions packaged up in a software-as-a-service model.

Drawing upon Accenture research that found 76 per cent of CEOs agree that their current business model will be unrecognisable in the next five years, with ecosystems being the primary agent of change, McBain suggests that the number of partnerships, whether transactional or non-transactional, will grow exponentially over that time frame.

This change will, of course, be accompanied by new partners needing to be found, recruited, onboarded, educated, trained and incentivised. As such, having the tools necessary to support and promote products and services at scale is essential.

The future of channel partner programs and ecosystems will be anchored on automation, flexibility, scalability, and self-service, McBain said. The effective use of technology tools is no longer optional ecosystems dont run on spreadsheets.

Error: Please check your email address.

Tags Jay McBain

Read this article:

Why automation will underpin the future of channel management - ARNnet

Automated Material Handling Equipment Market size Witness Steady Expansion During COVID-19 2024 – Kentucky Journal 24

Summary

North Americasautomated material handlingindustry is a highly innovative and aggressively changing landscape. The author recently ordered lumber online for home delivery. This is a significant departure from typical operations just a few years ago. While airborne drone delivery of lumber is not in the foreseeable future, drones for product delivery have recently been approved and are in operation in certain sectors.

This rapidly changing industry has many reasons for its significantly shifting nature. While many changes are being driven by suppliers seeking a competitive advantage with faster, more accurate delivery of a wider selection of products, change is also driven by a labor market in which it is increasingly difficult to recruit, train and retain competent workers. Very few in the industry see automation as a means of reducing the workforce; rather, it is partly as a necessity for dealing with fewer operators and as a means of improving conditions for their employees.

Request for Report Sample:https://www.trendsmarketresearch.com/report/sample/12584

The growth of automated equipment also means that information on the equipment and its operation is now available in huge quantities. Working with big data, sophisticated computer programs have been developed to not only control this equipment but also to use the data for numerous beneficial features. The growing interest in the Industrial Internet of Things, artificial intelligence, 3D printing, blockchains and numerous other features are made possible by this automation.

An analysis of the significant number of patents granted and patent applications filed reveal important insights into the direction the automated material handling market is taking.

As defined in this report, the North American automated materials handling market is estimated to have been worth nearly REDACTED in 2018 and is estimated to increase to roughly REDACTED by 2024.

The warehouse and supply chain software markets, directly affected by this equipment but also developing on their own, is estimated to have been worth over REDACTED in 2018. It is projected to increase to nearly REDACTED by 2024.

This report will show that not all suppliers are adopting these newer innovations. There are a significant number of smaller providers who find that their current operations are sufficient to meet their customers needs. However, failure to understand and adapt to consumer changes and expectations developed in other industries may be a snare for some latecomers to this technology. Suppliers who may not see an immediate need for automated equipment can still benefit from software programs that are in development. Indeed, some suppliers will need to adopt these systems to be retained in the increasingly sophisticated supply chain management systems of others.

Report Scope:

The scope of this report is specifically focused on automated industrial material handling equipment and software systems and programs in North America. The market is broken down by major equipment types, software programs and end user applications and industries. Further, regional breakdown of the markets in the United States and Canada are explored. The market is discussed with estimated values derived from available data.

This report focuses only on automated equipment. References are included for further information on traditional motive power industrial applications for material handling equipment. This report is not focused on the specialized equipment that may be automated for product manufacture. Most of that equipment is of specialized design to meet the needs of the manufacturer. However, the movement of finished goods and packaging and palletizing these goods for shipment to the attached warehouse or distribution centers is included. Material handling equipment is also used in large specialty applications such as ship cargo handling equipment, but this market was not considered.

The following are brief summaries of the chapters included in this report.

Chapter One presents the reports scope, methodology and structure, as well as reasons for doing this study.

Chapter Two provides an executive summary of the information presented in this report.

Chapter Three introduces automated material handling equipment types, the basis for the classifications used in this report, trade publications, trade shows, trade organizations and major benefits of automated materials handling equipment and software systems.

Chapter Four discusses trends in the industry, introduces the innovative developments that lie ahead and presents challenges for supply chain managers.

Chapter Five provides a comprehensive overview of the automated material handling market and warehouse and supply chain market by equipment and software types. In forecasting the changes in this market, three scenarios are developed based upon several factors that are important for the industry. For the purposes of this report, the geographic areas studied include the United States and Canada. The scenarios developed are then applied to these two countries in Chapter Five.

Chapter Six investigates the market for automated materials handling equipment by application, end users and geographically by regions within the United States and Canada.

Chapter Seven looks at the changes occurring in the industry by examining recently granted patents and patent applications filed. It identifies the major innovators in this market space.

The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors in these markets. Further, it explains the major drivers and dynamics of the market and current trends within the industry.

This report details figures for 2018 and compound annual growth rate (CAGR) projections for 2019 to 2024. A discussion of emerging technologies describes the areas in which research is being performed and incentivized and their anticipated effects in future markets.

Note that values are expressed in millions of dollars. Totals are rounded to the nearest integer (i.e., less than $500,000 is expressed as <1) or 0 if appropriate. Values are based on the equivalent of retail, which is the price publicly advertised.

Report Includes:

73 data tables and 190 additional tables An overview of North American market for automated material handling equipment Analyses of global market trends, with data from 2018, estimates of 2019, and projections of compound annual growth rates (CAGRs) through 2024 Explanation of major drivers and regional dynamics of the market and current trends within the industry Knowledge about Zigbee, Bluetooth, RFID integration, and bar coding and explanation of their role in enhancing automated material handling equipment industry growth A look into issues and costs associated with automated equipment applications Detailed profiles of major players in the industry, including Aagard Group LLC, BluJay Solutions Inc., C&D Skilled Robotics Inc., Dematic Corp. and Honeywell Intelligrated

More Info of ImpactCovid19@https://www.trendsmarketresearch.com/report/covid-19-analysis/12584

Originally posted here:

Automated Material Handling Equipment Market size Witness Steady Expansion During COVID-19 2024 - Kentucky Journal 24

Robotic Process Automation in the Telecommunications Market Analysis on Current Trends by 2024 COVID-19 Shatters Electronic Voice Changer Market as…

TheRobotic Process Automation in the Telecommunications Marketcarries out financial changes that occur year by years in market, with information about upcoming opportunities and risk to keeps you ahead of competitors. The report also describes top company profiles that present in market with trends worldwide. This research guided you for extending business.

The Robotic Process Automation in the Telecommunications Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

Request a sample of this premium research:https://www.bigmarketresearch.com/request-sample/3744641?utm_source=GEETA-3WN

Top Key Players involved in Robotic Process Automation in the Telecommunications Industry are:Blue Prism ,Automation Anywhere ,IPsoft ,UiPath ,Verint System ,Kryon Systems ,Nintex ,Thoughtonomy

The report begins with a brief introduction and market overview, in which the Robotic Process Automation in the Telecommunications industry is first defined before estimating its market scope and size. Next, the report elaborates on the market scope and market size estimation. This is followed by an overview of the market segmentations such as type, application, and region. The drivers, limitations, and opportunities are listed for the Robotic Process Automation in the Telecommunications industry, followed by industry news and policies.

The report offers an exhaustive geographical analysis of the Global Robotic Process Automation in the Telecommunications Market, covering important regions Such as:North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Global Robotic Process Automation in the Telecommunications market is presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.

The Global Robotic Process Automation in the Telecommunications Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

For the future period, sound forecasts on market value and volume are offered for each type and application. In the same period, the report also provides a detailed analysis of market value and consumption for each region. These insights are helpful in devising strategies for the future and take necessary steps. New project investment feasibility analysis and SWOT analysis are offered along with insights on industry barriers. Research findings and conclusions are mentioned at the end.

Reasons for Buying This Report:

Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement.

Request a discount on standard prices of this premium research:https://www.bigmarketresearch.com/request-for-discount/3744641?utm_source=GEETA-3WN

Table of Content:Chapter 1 Industry OverviewChapter 2 Major Segmentation (Classification, Application and etc.) AnalysisChapter 3 Production Market AnalysisChapter 4 Sales Market AnalysisChapter 5 Consumption Market AnalysisChapter 6 Production, Sales and Consumption Market Comparison AnalysisChapter 7 Major Manufacturers Production and Sales Market Comparison AnalysisChapter 8 Competition Analysis by PlayersChapter 9 Marketing Channel AnalysisChapter 10 New Project Investment Feasibility AnalysisChapter 11 Manufacturing Cost AnalysisChapter 12 Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 13 Marketing Strategy Analysis, Distributors/TradersChapter 14 Global and Regional Market ForecastChapter 15 Major Manufacturers AnalysisChapter 16 Market DynamicsChapter 17 Market Effect Factors AnalysisChapter 18 Conclusions

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact us:

Mr. Abhishek Paliwal

5933 NE Win Sivers Drive, #205, Portland,

OR 97220 United States

Direct: +1-971-202-1575

Toll Free: +1-800-910-6452

E-mail:[emailprotected]

See the original post here:

Robotic Process Automation in the Telecommunications Market Analysis on Current Trends by 2024 COVID-19 Shatters Electronic Voice Changer Market as...

TikTok: The Summation of 2020’s Duality and Chaos – Harvard Political Review

TikTok perfectly encapsulates the zeitgeist of 2020. The video-sharing social network from Beijing-based ByteDance is the perfected form of previous social media trends: Vines snappiness, Instagrams infinite scroll, and Reddits niche subsets. Now that quarantine has locked us away with phones as our constant companions, we suddenly have extra free hours that TikTok, like a gas, has expanded to fill. Since the start of 2020, Tiktok has surged in popularity, receiving 52.2 million unique American users, 12 million from March alone. It now sits as the most downloaded app in the world at more than 2 billion downloads.

TikToks growth points to a new form of digital identity that is both personal and public: a new norm for the 2020s that has evolved over the past few years. Thanks to the apps video-editing capabilities, the skill needed to make a TikTok is less than on other platforms, lending TikToks a homemade air. But the massive audience that TikTok videos can reach presents these casual clips to a very public eye. All kinds of content exist on the app; still, the carefully-curated For You page that greets every user ensures a finely tailored experience from the vast chaos. And, though the platform has been dismissed as a time-waster for teens, it has successfully capitalized on broader trends in how we consume social media and grown into a new behemoth for the decade. Though TikTok trends themselves tend to be short-lived, the apps duality may be the key to its longevity.

The Homemade Film Festival

TikToks user base skews young. Reuters reported in 2019 that about 60%of the platforms users in the U.S. are between the ages of 16 and 24. TikTok shares similarities with other apps targeted toward a young user base, like Snapchat, which is used by 69%t of U.S. teens. Both Snapchat and TikTok have a more informal culture, where the self-consciousness of more public social media platforms, like Twitter, Instagram, and LinkedIn, is nowhere to be found. While platforms like Facebook which 7 in 10 U.S. adults use see a broader range of ages among their users, TikTok is undeniably one for the first generation of true digital natives who have grown up alongside social media.

After tiring of the perfect presence one is pressured to curate on Instagram and the insecurities the platform tends to exacerbate it seemed only natural that apps, where imperfection and casual communication reigned, would gain traction. TikToks popularity points to a reaction to that image-consciousness, according to Karen North, a professor of communication at the University of Southern California specializing in social media and psychology. TikTok made everything extremely easy and really fun, North told the HPR. The whole culture of it is not to judge. For the uninitiated, TikTok is best known for its viral dance challenges, which users of all skill levels can participate in. It doesnt matter if you do it well or exceedingly poorly, North said, adding that TikToks algorithm and huge audience make it possible for anyone who participates in a challenge to get lots of views.

Beyond viral challenges that make it easy and appealing to jump in, TikTok also makes it easy for users to edit their own videos through the app. This, coupled with the overall flexibility for format on the platform, has brewed a perfect environment for encouraging users to experiment with their videos, which range from personal stories to comedy sketches to tutorials. And with stay-at-home advisories encouraging everyone to keep indoors, people have more free time to spend on their phones. The extra time has invited even adults and college students to join the TikTok craze, and with more users comes more content.

Its like a bunch of sixth graders hosted a film festival and didnt give you a program beforehand, said Eli Russell 20, who started making TikTok videos (@notchrissyteigen) after returning home in March when students left campus because of concerns about the coronavirus. Russell said that a combination of more time, more of his friends getting on the app, and the convenience of making videos on TikTok all factored into his start on the platform. Tyler Sanok 22 (@ksanok10) also cited extra time and the platforms convenience as the reasons he and his brother started posting TikTok videos during quarantine. Because the amount of time and effort needed to make a TikTok video isnt as much as that required for, say, a YouTube video, he said, theres no consequence for not shooting your shot.

It is also not surprising that for Generation Z users who grew up in the era of internet stardom, thanks to YouTube the prospect of TikTok celebrity is also an appealing motivator to produce videos. TikToks most popular creator, 16-year-old Charli DAmelio, gained more than 66 million followers in the span of a year, mainly for her dance videos and relatability, despite being an ordinary person without a large internet following before her start on the platform. Through some combination of luck, timing, and the omnipotent TikTok algorithm, TikTok fame could be within reach for any user.

The Algorithm

On any platform made for sharing content, there is potential for spreading messages. TikToks are punchy and to-the-point due to an upper time limit of 60 seconds. Its estimated audience of 800 million active users provides enormous potential for content of any agenda to go viral. In recent weeks, TikTok has been increasingly used for political organizing and educational efforts, though those efforts still stick to the pace of the apps other snappy videos. When you use any platform [for promoting causes] its important to do it so that it fits the culture of that platform, North said. TikTok videos often have background music or are filmed casually with a single person speaking directly to a camera. A scroll through the array of videos tagged with police brutality shows that many of these videos still maintain the same format.

Claira Janover 21 (@cjanover) said that when she first started making TikTok videos during quarantine, her videos focused more on humor. Since then, her channel has started to tackle topics like racism, sexism, and police brutality a gradual change prompted by comments shes received on her TikToks and her own changing focus. If I believe something, Im going to articulate it, Janover said. She added that she thought TikTok lends itself well to sharing information of substance because it adheres to the narrowing American attention span, but also has the power to influence.

Still, though, TikToks algorithm prevents it from being a completely effective means of communicating information to diverse audiences. TikToks impeccably-curated For You page an infinite scroll of videos presents each user with a feedback loop based on the content they have interacted positively with in the past. Sanok said that while it is beneficial for TikToks algorithm to help videos gain traction by presenting them to users with similar interests as the creator, when it comes to sharing political ideas in a productive way, the resulting echo chamber may fall flat. The people seeing this are not the people that you need to change their minds. You need to send it off to the people who dont necessarily agree with this or are not informed, he said.

Because of this, despite how quickly users can share content on TikTok, it is difficult to tell how broadly any given video spreads. Its not like Twitter, where you know whats trending globally, Russell said. Its a very tailored experience. He added that this aspect makes it difficult to make generalizations about the platform. Since every individuals experience is engineered to be specific to their interests, everyone is likely to find their niche, but breaking out of that niche requires actively searching for different content so that the algorithm can adjust. I think if I spent one day liking random dancing videos, then tomorrow, I wouldnt have any activist videos. I would just have those dance videos, Russell said.

Still, though, videos can make it outside of circles of like-minded users. Going into more of a political atmosphere of content, theres obviously a lot of conservative and a lot of libertarian pushback, Janover explained. She added that other TikTokers have put in the effort to make videos rebutting her videos, with some of those rebuttal videos receiving the same amount of attention as the original video evidence that TikTok has a pocket of like-minded users for nearly every possible perspective.

In July, one of Janovers videos went viral after conservative commentators shared it, sparking a wave of backlash that she said targeted not only her but also friends and supporters. In the satirical TikTok, Janover likened saying All Lives Matter in response to Black Lives Matter to claiming that a papercut matters just as much as a stab wound. Janover subsequently received death threats and lost an internship at Deloitte. Janover did not anticipate the video receiving so much attention. I posted that video almost a month ago. Its not new, Janover told the HPR. She added that she had seen progressive activist TikToks use extreme analogies before, and did not think her video was extraordinary.

It would be one thing to have had a conservative say, like, This type of demeanor isnt respected. This anger, this displacement even if it is an analogy is not appropriate or professional. I would have been able to see the validity in that, Janover explained, adding that it surprises her that so many people interpreted the TikTok video as a serious threat. But people of all political stances and age groups are paying attention to TikTokers, it seems. The fact that I even say, Oh, my TikTok is what caused this is very odd for me to think about, Janover said.

TikToks Future

TikToks short-lived predecessor, Vine, graced the Internet with its presence for just four years. Vines demise is primarily credited to rival apps adding improved versions of its features and an inability to adapt quickly enough to keep its users. TikTok, however, has steadily grown since its initial 2016 launch in China by demonstrating deft adaptability. When allegations that TikTok was censoring the Black Lives Matter movement tag drew attention, TikTok responded just days later with an apology, creation of a diversity council, and commitment to donating $3 million to nonprofits that help the Black communities hard-hit by COVID-19 as well as an additional $1 million toward fighting racial injustice in the U.S. The speed of the move demonstrated a close attunement to TikToks user base, which could protect TikTok from potentially being blindsided if any strong challengers to the video-streaming app market ever arise.

TikToks popularity in the U.S. comes amid deepening political partisanship. The video streaming app is not the only social media platform to use confirmation bias as a tactic to hook users on its content. However, the fact that doing so has only boosted TikToks popularity signals that perpetuating confirmation bias is profitable. Therefore, there is little incentive for social media platforms to move away from using confirmation bias. This tactic is especially troubling given that social media now outpaces newspapers as a go-to news source for Americans, according to the Pew Research Center. Social media incentivized in this way for functioning as an echo chamber will only further entrench polarization.

There is also, of course, the matter of privacy and security concerns. ByteDance, as a Chinese company, is subject not to privacy laws in the United States, but those in China. TikTok has faced several controversies over security in recent months. Most recently, the app came under scrutiny for reading text left on users pasteboards whenever TikTok was opened. It is no surprise that the app collects more information than users might anticipate; thousands of apps have been found to do so, either directly or by piggybacking on permissions given to other apps. But TikToks concerns over data privacy will likely persist in the public consciousness for years to come, as lawmakers struggle to keep pace with technological advancements.

Still, TikTok appears to have solidified its place among the most-used social media platforms and seems to be here to stay for better or worse. Its blend of private and public reflects a continuing trend of blending our personal and digital lives. Furthermore, the fact that, despite a history of security scandals, so many people continue to use TikTok, calls into question how much digital privacy invasion we are willing to tolerate from tech companies. And, despite the massive amount of content available on the app, the fact that users can find themselves in smaller echo chambers points to a growing trend of polarization; TikToks success only shows other tech companies that vindicating users by showing them personalized content will be rewarded. TikTok is fun, but the fun veneers deeper considerations well have to make as we accept that blend of public and private as fixtures in our daily lives. We will need to examine whether we want the perfected convenience of algorithmically-curated content, or whether its possible to reward breaking out of our bubbles.

Image Credit: The image by Kon Karampelas is licensed under the Pixabay License.

Read more here:

TikTok: The Summation of 2020's Duality and Chaos - Harvard Political Review

‘We Need To Dream’ – Maria Grazia Chiuri On The Role Of Fashion In Times Of Crisis – Grazia

Maria Grazia Chiuri is once again on the move after a very long pause. As we chat via Zoom she appears relaxed, dressed in a white T-shirt and Dior headscarf, sitting outside the house that once belonged to her father in Puglia. The sun shines on her back and a sprawling row of what appears to my untrained eye to be unusually photogenic olive trees provides the most impressive Zoom backdrop Ive seen during my lockdown experience so far. My father was a farmer. I grew up in this area, she explains in her robust Roman accent.

Just days before, Maria Grazia was in Paris where she conducted a global press conference alongside CEO, Pietro Beccari, to announce plans for her Christian Dior Cruise collection, which will take place in Puglia this month. The following week, a trip back to France to reveal her new couture collection during the Fdration de la Haute Couture et de la Modes much-anticipated first ever digital show week.

And after that, her attention will turn to London for an upcoming pop-up store in Harrods, opening 1 August. It will be a lush, velvet-clad space offering shoppers in search of newness after quarantine the chance to buy updates on the brands old and new signatures, including its top-selling saddle bags and book totes and a new personalisation service. The wheels of fashion are slowly grinding again after months of lockdown, and so her life is too.

Photographer: Ekua King Stylist: Fenella Webb

Fashion has always felt like a time warp, with its six months ahead of time show-to- retail cycle and three months ahead of time monthly fashion magazines. But that dizzying what season is it again? feeling has increased tenfold, thanks to Covid-19, which swooped in and left us suspended mid-action fashion cupboards full of clothing samples, factories heaving with yet-to-be-shipped orders and ad campaigns on the cusp of being shot for months on end.

It feels like its been a lifetime since I saw Maria Grazia, back in February, at her big ticket, big budget autumn/winter 20 show in Paris. That was roughly a week before she went into lockdown in Rome with her daughter Rachele Regini. (Her husband and son were in quarantine separately in their second home in Rome.)

Since then, everything and, in some ways, not enough has changed. I think there is an important lesson from Covid that we have to reinvent ourselves every day, she says.

Photographer: Ekua King Stylist: Fenella Webb

As far as re-entries go, Maria Grazias sounds as demanding as you would expect from the creative director of one of the luxury fashion worlds cornerstone brands. But listening to Maria Grazia describe it, her transition back into normal working life sounds more like a homecoming. Perhaps thats because one of her first orders of business, the Cruise show, happens to be taking place in her fathers birthplace, a region she summered in as a young girl. In this part of Italy everything is very familiar, she explains. Fashion in Italy I know everybody very well. Many companies are family companies. They are part, in some way, of my professional family. I call them for Christmas or holidays, she explains.

And while she began designing and planning the collection before coronavirus hit (it was originally scheduled to take place in May), the upcoming Cruise show has very much become a statement and a symbol of these Covid times. Maria Grazia wanted to support Italy, and specifically the Puglia region, which is on the verge of bankruptcy. We would like to send a message of support, hope and rebirth to the world; to the big suppliers and the small ones. Many still dont know how to survive, so this move is so important for the artisans that we need to preserve. We want to give them a reason to restart, Pietro Beccari said in the press conference.

One of the most striking aspects of Maria Grazias era at Dior is the socio-political messaging underpinning her clothes. She spent her first four years at the house using T-shirts, bar jackets, tulle skirts, tailoring and kitten heels to espouse feminism.

For example, she showed her A/W 20 collection held a day after Harvey Weinstein was found guilty of rape and sentenced to 23 years in jail against a set of neon signs by the art collective Claire Fontaine, broadcasting #MeToo-adjacent messages in caps lock, such as, CONSENT and PATRIARCHY = CLIMATE EMERGENCY. And theres a mentorship programme, Women@Dior, dedicated to gender equality and sustainability. In recent years, shes become more vocal about her growing awareness of climate change.

Today, its the economic fallout of coronavirus thats on her mind. It runs a through line in four talks we have in seven days (our Zoom interview, a collection preview and two press conferences), in which she regularly mentions how many people depend on Dior for their livelihoods. We give jobs to a lot of people, she says. The LVMH-owned house reported revenue of 53.7 billion in 2019. And there are lots of people in the fashion system: journalists, photographers, make-up artists... I felt I had to do something.

In the 1940s, Christian Dior, the man and the brand, played a part in lifting Europe out of a different sort of crisis. He showed his first collection in 1947, two years after World War II ended, eventually becoming a figure who helped a nation rehabilitate itself after one of the most devastating global conflicts in history. [Christian Dior] wasnt a revolutionary. He was a reactionary who reinvented national pride after a terrible moment, Florence Mller, a historian who helped curate the retrospective Dior: Couturier Of Dreams for Pariss Muse des Arts Dcoratifs told The Washington Post.

Maria Grazia seems acutely aware of her own responsibility in carrying on that legacy. This is not a war, this is another kind of problem, she says. And we have other problems now. Its not like in the Second World War. Now there is the pandemic and this problem of [climate change]. Its completely different. But, again, we give jobs to a lot of people. Sustainability means also to maintain jobs for the workers.

Photographer: Ekua King Stylist: Fenella Webb

For her couture collection, which she debuted with a big-budget film, Le Mythe Dior, directed by Matteo Garrone, of Gomorrah fame, Maria Grazia wanted to provide the other need Monsieur Dior met so famously during those post-war years in France: a bit of escapism. In some ways we are so conscious about this time. We are so conscious about whats happened about all these problems. People need to dream. I need to dream, she says.

But even in the dreaming, you get the sense that Maria Grazia is ever aware of the news cycle. Shes the woman who popularised activism in fashion with a T-shirt (We Should All Be Feminists, a slogan taken from the speech by Chimamanda Ngozi Adichie.) This is not a woman who designs in a bubble. So it was unexpected in some respects to see her surprise when questioned about the near all- white casting of the film, in an interview that followed its premiere. Just hours before Dior debuted the mesmeric movie short which featured nymphs and goddesses enchanted by doll-sized Dior gowns in the woods Naomi Campbell had opened the week with a speech about the need for more meaningful diversity within the fashion industry in the wake of the Black Lives Matter movement.

For me, I think diversity is important but it depends on the situation and the reference, Maria Grazia said, explaining that the casting boiled down to the films Greek mythology references. If I do another film, I probably make another casting. I dont think its possible to make all the things with the same language even if I completely agree with the value.

For context, shes set previous shows in California (inspired by, among other things, a Georgia OKeeffe exhibition) and Morocco (a celebration of Africa with a diasporic line-up of mostly Black creative collaborators). Fashion critics complained the Garrone-directed film was out of step with the cultural conversation defining the times. And that, as someone famous for being in tune with the zeitgeist, Maria Grazia had failed to read the room. For a woman so outspoken on social issues, it looked like she had missed an opportunity.

The strange thing is that Im very sensitive to these issues, even before Covid, she told me when I asked her about Black Lives Matter and the growing social justice movement, a week before she debuted the film. Im very happy that we speak about these problems. But it is also evident that these problems have a long history. I cant believe that only with this pandemic situation we start now to wake up, she said. And I think a lot of people who were scared to use their voice start to use their voice. That is good. Sometimes people attack me to say, You are a political designer. Everybody is political. If you are human, you are political. Nobody is perfect, but we have to try to make something. I dont think I can change the world, but I can do a little part. If everybody thinks they can do a little part all together, probably we can create a better place to live.

The Dior Harrods pop-up opens 1 August

See original here:

'We Need To Dream' - Maria Grazia Chiuri On The Role Of Fashion In Times Of Crisis - Grazia

The Tension Between Competition and Tech Are Gaining Global Attention – JD Supra

Antitrust concerns with big tech companies are gaining global attention. Antitrust laws protect consumers by promoting fair competition and preventing businesses from taking over or manipulating a market. In the digital world, companies can use the vast amount of data shared and leverage its value for competition purposes, which then raises concerns about antitrust violations. The U.S. Federal Trade Commission (FTC) and Department of Justice (DOJ) have been looking into big techs influence on competition for quite some time, particularly narrowing in on search engines, social media, and retail markets. Unsurprisingly, how these companies are treating consumer privacy through data collection and distribution is a huge focus. The FTCs most recent probe reviewed acquisitions that several big tech giants made of smaller organizations in the last nine years.

Both U.S. agencies are reviewing the situation and seeking ways to change antitrust policies to regulate big tech more tightly. Potential changes could include increasing FTC regulations on mergers and price fixing. However, there is currently nothing concrete in the works and the DOJ seems to want to avoid any major renovation of antitrust laws. The only thing that is certain is that the FTC plans to issue new guidelines on digital platform enforcements and horizontal mergers.

Since other countries across the globe have started to speak out more forcefully about antitrust issues in the technology industry, many countries plan to rework their anti-competition laws and policies to account for big techs dominant effect on data and the larger market. Some have even formally proposed changes. The primary areas of concerns that regulators are seeking to address is that tech giants will (1) gain so much power that they control big data, (2) implement anti-competition algorithms, and (3) restrict competitors through unfair terms and/or mergers. Below are a few examples of global reactions to the impending antitrust crisis in the tech industry.

The EU has already used enforcement powers under the General Data Protection Regulation (GDPR) to police tech companies over consumer privacy issues. Now, the EU is taking swift action to combat competitive behavior. Germany has proposed amendments to the countrys antitrust laws that would more firmly regulate big tech and focus on any business practices that would give them control over a significant amount of data. For example, the new law could prohibit a company from blocking data access to a market competitor. They are awaiting approval and, if all goes well, hope to implement the amendments later this year. Other EU member countries are making similar moves.

Australia is creating a committee specifically designed to monitor and review advertising that big tech companies use that could be deemed anti-competitive behavior.

Additionally, China recently proposed changes to their Anti-Monopoly Law. These changes include increasing fines if companies act inappropriately during a merger or fail to implement binding anti-competitive agreements.

So, what does this all mean for big tech and antitrust issues? First, it is important to remember that matters like this can take time, even when it seems like a global crisis. History demonstrates that some countries move faster than others do when it comes to responding to regulatory issues and implementing new laws. For example, the U.S. has been contemplating a comprehensive federal privacy law for years and has yet to draft one. The DOJ has expressed this is still the way they wish to regulate big tech, so there will likely not be a big antitrust overhaul in the states like there will probably be in other countries. For now, the biggest change in the U.S. will be how the FTC investigates and levies penalties for violations.

Regardless, the global uproar about big tech and antitrust violations will have both short-term and long-term effects. Similar to recent privacy upsets, the biggest issue will be that there is no global uniformity. Even though everyone wants to address the same behavior, each countrys legal system operates differently. They will have different laws or policies that regulate the same conduct yet vary in execution. The differences in policymaking are what makes global data regulation so tricky and keeps big tech on their toes. Also, the fear that lack of uniformity will allow tech giants to continue to get away with anti-competitive actions remains present. One additional worry is that companies may pull business from nations where they think antitrust regulation is too restricting.

The rise in big tech has also placed international data privacy in the realm of antitrust enforcement. There will be more overlap between privacy and antitrust than ever before. Privacy concerns will continue to intensify as the presence and growth of tech giants threaten market dominance. It is crucial for organizations to utilize providers that have sufficient privacy safeguards in place because of increased privacy regulations and the threat of data breaches, companies can use this to their advantage. For example, tech companies can cite consumer privacy protection as a reason not to share data with a competitor and, as a result, continue to gain advantage in the market.

In the modern era, almost everyone needs access to data and the latest technology for both business and personal reasons. Because of this, individuals may continue to use certain services even if privacy is compromised. When a provider dominates the market, it has the ability to skimp on privacy protections and users will have no comparable competitors available. All of this makes policing big tech extremely difficult, as regulators have to balance privacy and competition issues. Deciding which issue should have more weight seems like an impossible task.

Global antitrust policy changes will also affect many other markets, including the legal industry. Access to data is necessary for eDiscovery compliance. Law departments must ensure they utilize providers who have a global presence. Provide must have key capabilities like the capacity to collect data anywhere in the world and distinguish between several languages. However, there may be some roadblocks to international data collection as policies change. If companies pull their business from certain countries due to tighter regulations, it will be more difficult to collect data from that provider if it originated in that country prior to the change. An action like this invokes data preservation concerns and can greatly disrupt the litigation process.

Additionally, litigation and enforcement actions about data privacy may increase. If a company is not allowed to shield data from competitors because it would face antitrust violations, consumer privacy may be at risk and could then increase privacy actions or trigger a decline in business. On the other side, if a company cites consumer privacy as a reason not to disclose data to a competitor and that data becomes subject to litigation, this would interfere with collection. All of this shows that regulators will need to work towards finding a balance between privacy and antitrust issues if they want to regulate big tech successfully.

[View source.]

Go here to read the rest:

The Tension Between Competition and Tech Are Gaining Global Attention - JD Supra

The Information’s Takeover Target List – The Information

The season for M&A may soon be upon us. The pandemic has squeezed many businesses and made funding harder to get. Weve already seen Postmates sell to Uber and Grubhub sell to Europes Just Eat Takeaway, accelerating a long-awaited consolidation of the food-delivery market. Meanwhile, EW Scripps, grappling with a downturn in advertising, sold a high-growth businesspodcasting firm Stitcherto raise badly needed cash.

Many more deals are possible. One of the most unlikely just a few weeks ago, ByteDance selling TikTok, now seems quite possible. Its also easy to imagine Jeffrey Katzenberg throwing in the towel and trying to sell Quibi, his short-video app designed for phones. The pandemic and the intensely crowded streaming market have marred Quibis launch. The challenge for this kind of high-profile consumer internet firm will be on the buyer side: The antitrust scrutiny already focused on big tech firms like Facebook, Amazon or Apple likely limits their ability to make big acquisitions.

Excerpt from:

The Information's Takeover Target List - The Information

My Turn: How racism thrived after the war – Concord Monitor

In a recent and valuable My Turn, Katy Burns wrote about the Souths Lost Cause campaign launched several decades after the Civil War. Its efforts to glorify slavery and the Confederacy included the erection of most monuments currently targeted by the rapidly emerging Black Lives Matter movement.

The column speaks of northerners going home to work after the war while southerners sulked for years until launching their campaign, but this jumps over some important matters and I want to describe two of them.

First, the home that northerners returned to was highly racist. The war, after all, was fought over chattel slavery, not over racism, and most northerners shared the racial stereotypes of southerners. Recently I looked at an event in Indiana, the state where I grew up, and it illustrates my point. In 1850, Indiana held a constitutional convention. At it, delegates adopted Article 13 that prohibited Black people from moving to Indiana and also created a fund to remove free Black Indiana residents to Liberia.

Almost every speech during the five-day debate on the Article referred to Black inferiority and white supremacy in terms nearly identical to those of southern defenders of slavery. In 1851, the electorate adopted the new constitution overwhelmingly. Article 13 was voted on separately and adopted 113,828 to 21,873. At least five other northern states adopted equivalent constitutional amendments of legislation at about that time.

My second point is that the South didnt sulk after the war. Its planter elites immediately set out to snatch what victories they could from the jaws of defeat, and they had substantial success. For example, they sought and obtained the return to planters of 850,000 acres of land confiscated by the Union Army, preventing its redistribution to freed men. Planters frustrated the implementation of another land redistribution act, the Southern Homesteading Act.

Their efforts helped curtail the life of the Freedmens Bureau, a remarkable Reconstruction program that helped many ex-slaves gain education, the vote, and work. The program lasted only four years (and its schools an additional three years).

The South lobbied to remove northern troops and end Reconstruction, something it accomplished in a dozen years.

But the biggest challenge to the planter elite was regaining their earlier wealth. Before the War, the South was the richest region in America primarily because of King Cotton. In 1860, for example, cotton accounted for $191 million of the nations $333 million of exports. England, textile capital of the world, bought 80% of its cotton from the South.

Cotton was also vital domestically. For example, the 1860 Census reported that New Hampshire had investments of $23 million in 150 types of industries including over half ($12.5 million) in cotton goods manufacturing. Cotton alone accounted for 12,700 of the states 32,000 manufacturing jobs.

The planters key roadblock to regaining their prior wealth was, of course, the loss of the machines that had made that wealth possible slaves. Yet by 1870, just five years after the end of the War, cotton was again the nations largest export and would remain so until the Great Depression. This amazing victory from the jaws of defeat occurred because the South found an immediate cheap labor substitute for slaves ex-slaves. The story of how this happened is important.

In the decades leading to war, northern abolition efforts intensified; e.g. rapid growth of the Underground Railroad and attacks on slavery such as Uncle Toms Cabin. But during that same period, southern defenses of slavery escalated. Traditional defenses based on God, Nature, prosperity, science, and Christian humanity became more aggressive, but most importantly, the South devised a major, new defense.

It characterized the emerging system of industrial capitalism in the North as wage slavery, criticized it harshly, and argued that its own economic system of chattel slavery was superior and far more humane. The argument was pointed and its rhetoric often acerbic as seen, for example, in these excerpts from early southern sociologist George Fitzhugh. The northern system gives license to the strong to oppress the weak (and creates) the grossest inequalities of condition. Fitzhugh saw the strong as vulgar landlords, capitalists and employers psalm-singing regicides, these worshippers of Mammon (who) think they own all the property (and that) the rest of mankind have no right to a living except on the conditions they may prescribe.

The weak were wage slaves such as women and children (who) drag out their lives (in) the bowels of the earth [i.e. in mines] harnessed like horses. pallid children (who work in) some grand, gloomy and monotonous factory fourteen hours a day, and go home at night to sleep in damp cellars, the same cellars where aged parents too old to work are cast off by their employer to die.

Industrial capitalism created such evils as income ceases if a worker gets sick; laborers are at war with one another; child labor is common; retailers take advantage of ignorance and charge enormous profits; underbidding (by workers) never ceases resulting in wages too low to subsist and ending by filling poor-houses and jails and graves. Frequent riots and strikes were other problems as was widespread begging. One writer noted that you meet more beggars in one day in any street of the city of New York, than you would meet in a lifetime in the whole South.

The imagery of the wage-slave defense is as stark as Harriet Beecher Stowes attacks on slavery, and the arguments are ones that any socialist or union organizer would have made. In fact, these arguments would soon mobilize a progressive challenge to big industrial capitalism in the North beginning in the Gilded Age (1880 1910).

But what is most interesting about this southern attack on wage slavery is that, when the war ended chattel slavery, the South immediately adopted wage slavery in its place. Under slavery, slaves were property controlled by owners. In the new order, ex-slaves were freemen (free employees, sharecroppers, or tenants) controlled by contract.

The new scheme was possible because emancipated slaves deprived of promises of land desperately needed a way to survive and were readily exploited through contractual arrangements. Heres a simple example signed weeks after the wars end:

I, the within-signed woman of color, do hereby bind myself with E. W. Reitzell as laborer on his plantation from this the 1st day of August, 1865, to the 1st day of January, 1866. I further agree and bind myself to do all the work he may require of me, to labor diligently and be obedient to all his commands, to pay him due respect, and do all in my power to protect his property from danger, and conduct myself as when I was owned by him as a SLAVE.

These labor contracts, together with various techniques that forced freed men to renew them, confined millions of black farmworkers to southern plantations for two or three generations beyond the war until the Great Depression and after.

(Paul Levy lives in Concord.)

Read more:

My Turn: How racism thrived after the war - Concord Monitor

Poor working conditions ‘afflict 10000 people in Leicester’ – Personnel Today

Photo: Shutterstock

As many as 10,000 people could be working in conditions commonly associated with modern slavery in textile factories in Leicester, an investigation by Sky News has alleged.

Leicester City Council believes there to be about 1,500 textile factories across the city. Most are small businesses, essentially workshops that are housed in ageing, dilapidated buildings, such as the citys old Imperial Typewriter factory.

The east Midlands city was put under renewed lockdown restrictions on 30 June and it is thought that working conditions at many of the textile works may have contributed to the localised outbreak of Covid-19.

It is widely suspected that many of the businesses do not pay workers the 8.72 national minimum wage.

Deputy city mayor Adam Clarke called for government action and added that the working conditions in the workshops was not so much an open secret as just open.

Leicester East MP Claudia Webbe told Sky News she had been contacted by anonymous workers who were too scared to speak out publicly because many were fearful of losing their jobs.

Machinists are being paid 3 an hour, packers are being paid 2 an hour. That is what seems to be the standard, she said.

North West Leicestershire MP Andrew Bridgen told the broadcaster there was a conspiracy of silence that had allowed factories in the city to continue to exploit workers over many years.

The internet retailers have flourished during the Covid crisis because their competition has been shut down. So weve seen a huge extra demand for the products, said Mr Bridgen. He added that there had been a systemic failure of all the protections in Leicester that would prevent this from happening.

The governments Health and Safety Executive (HSE) is investigating allegations some factories forced people to work in unsafe conditions during lockdown.

Modern slavery took many forms, said Brigden, much of it hidden, but this type of exploitation people being paid well under the minimum wage, having to work in unacceptable conditions that sort of abuse has to be stamped out, it has to be examined, we have to follow the evidence and prosecute wherever possible.

Clarke made the point that enforcement of anti-slavery laws was made more difficult by the complex network of bodies involved. He said: There are just too many organisations, HMRC [HM Revenue & Customs], the GLAA [Gangmasters and Labour Abuse Authority], the HSE and others have enforcement responsibilities. There needs to be one enforcement body and that needs to be set up as quickly as possible.

This is a systemic issue that is borne out of poor regulation, poor legislation and exploitation at every level, he added. You have to ask yourself who actually has the power to change this? And that buck stops with government.

A Home Office spokesperson said: The National Crime Agency and others are looking into the appalling allegations about sweatshops in Leicester and the home secretary has been clear that anyone profiting from slave labour will have nowhere to hide.

We have regulations but they are not being policed properly. Its also the responsibility of consumers if you buy an incredibly cheap t-shirt then you know someone has been exploited Cherie Blair, campaigner and barrister

Fast-fashion firms based in the UK have come in for increased scrutiny as sales have boomed during the lockdown amid allegations over working conditions. Quiz said it had suspended a supplier after claims that a factory in Leicester offered a worker just 3 an hour to make its clothes.

It followsa report in the Timesthat an undercover journalist was told by a factory making Quiz clothes she would be paid below the minimum wage.

Quiz said if the claims were accurate, they were totally unacceptable.

Last week, Boohoo faced criticism after a report that workers at a factory supplying goods for one of its brands could expect to be paid as little as 3.50 an hour. Boohoo has stated it is investigating its supply chain to establish where points of vulnerability exist.

The Gangmasters and Labour Abuse Authority (GLAA) is one of the bodies trying to ensure regulations were being followed in factories in Leicester, initiating its investigation following concerns about how some businesses in the city have been operating before and during the localised lockdown.

It said multi-agency visits involving officers from the GLAA, Leicestershire Police, Leicester City Council, National Crime Agency, Health and Safety Executive, Leicestershire Fire and Rescue and Immigration Enforcement had been carried out within the past few weeks.

So far, it said, no enforcement had been used during the visits and officers had not yet identified any offences under the Modern Slavery Act 2015.

GLAA Head of Enforcement Ian Waterfield said: We would also encourage the public to be aware of the signs of labour exploitation and report their concerns to us, by calling our intelligence team on 0800 4320804 or emailing intelligence@gla.gov.uk.

According to campaigners the Medaille Trust, there are about 136,000 victims of modern slavery in the UK.

Leading human rights barrister and campaigner for womens and workers rights Cherie Blair told Sky News today that not only were workers being exploited but so were taxpayers, because of the benefits paid to low paid workers. She said the Modern Slavery Act of 2015 was groundbreaking but there had been a failure to police it and toughen it up, with the government failing to give it real teeth after a review of the Act last year made 80 proposals to give it more muscle. She said since 2010 there had only been seven prosecutions of people not paying the minimum wage.

She added: There have also not been anything like as many factory inspections as there should have been. We have regulations but they are not being policed properly. Its also the responsibility of consumers if you buy an incredibly cheap t-shirt then you know someone has been exploited. It is also the responsibility of companies buying products from these factories. Boohoo [which denies it has broken any law], for example, has a very nice glossy modern slavery statement but the reality of the industry is different.

Read more from the original source:

Poor working conditions 'afflict 10000 people in Leicester' - Personnel Today

Modern Slavery is Never Out of Fashion: Child Labour in the Clothing Industry – Byline Times

As part of his regular series on modern slavery, James Melville looks at how many of the garments we wear rest on a supply chain of child exploitation and misery

The received wisdom about slavery is that it is a thing of the past; a crime against human rights but a relic from an imperialist colonial era. But slavery still exists in many forms today and still affects millions of victims.

Fast fashion giant Boohoo is facing an investigation into accusations of modern slavery after it emerged clothing workers at factories in Leicester, UK, were being paid just 3.50 an hour. An investigation carried out by The Sunday Times last week claimed that textile workers producing clothes for Boohoos suppliers were being paid far below the UK minimum wage (9.30) while working in unsafe conditions.

Labour extracted through force, coercion, or threats produces some of the food we eat, the clothes we wear and the mobile phones that we hold

Even in the present day, men, women and children all over the world remain victims of modern slavery. They are bought and sold in public markets, forced to marry against their will and provide labour under the guise of marriage, working inside unfit-for-purpose factories on the promise of a salary that is often withheld, or toiling under threats of violence. They are forced to work on construction sites, in stores, on farms, or in homes as maids. Labour extracted through force, coercion, or threats produces some of the food we eat, the clothes we wear and the mobile phones that we hold.

There are an estimated 40.3 million people more than three times the number of victims of the transatlantic slave trade who are living in some form of modern slavery, according to the latest figures published by the United Nations International Labour Organisation (ILO) and the Walk Free Foundation. Children make up 25% of this total and account for 10 million of all the slaves worldwide.

Around 260 million children are in employment around the world, according to the International Labour Organisation (ILO). Of them, the ILO estimates that 170 million are engaged in child labour, defined by the UN as work for which the child is either too young work done below the required minimum age or work which, because of its detrimental nature or conditions, is altogether considered unacceptable for children and is prohibited.

The ILO estimate that there are 6 million children are in forced labour.

We are all unwittingly consuming products that have their origins in slavery. Consumers are often unaware that its hidden in the supply chains of everyday products, such as smartphones, laptops, shoes, chocolate, makeup, coffee and the supply chains of western clothing brands.

According to the Global Slavery Index, the fashion industry is one of the biggest promoters of modern slavery in the world. Clothing is the second-highest product at risk of being made by modern slaves. G20 countries imported $127 billion fashion garments identified as at-risk products of modern slavery. Slavery in the fashion world can appear in a variety of forms from harvesting the cotton for a t-shirt, spinning the fibre to yarn, sewing the garment and modelling the final product to satisfy the demand of consumers in Europe, the US, and beyond.

SUBSCRIBE TO BYLINE TIMES FOR AS LITTLE AS 29 A YEAR

Many large fashion brands and companies do not have full control over their supply chains, thus making illegal work practices possible (including sweatshops, trafficking and servitude).

As the Guardian reported in 2015 in a Unicef sponsored article Child Labour: Fixing Fashion mass-production fashion has engendered a race to the bottom, pushing companies to find ever-cheaper sources of labour. That cheap labour is freely available in many of the countries where textile and garment production takes place.

Corporations often build their factories in developing countries to keep their costs low, which leads not only to the use of slave labour but also the use of child slave labour. In countries like India, where textile and garment production occurs, childrens small hands are better suited for picking cotton, and sewing cheap garments for the fast fashion industry only requires a minimal amount of skill.

Children work at all stages of the supply chain in the fashion industry: from the production of cotton seeds in Benin, harvesting in Uzbekistan, yarn spinning in India, right through to the different phases of putting garments together in factories across Bangladesh.

In the cotton industry, children are employed to transfer pollen from one plant to another. They are subjected to long working hours, exposure to pesticides and they are often paid below the minimum wage.

75% of 219 brands surveyed did not know the source of all their fabrics and inputs

As Josephine Moulds wrote in the Guardian : One of the biggest challenges in tackling child labour in the fashion supply chain is the complex supply chain for each garment. Even when brands have strict guidelines in place for suppliers, work often gets sub-contracted to other factories that the buyer may not even know about. Sofie Ovaa, global campaign coordinator of Stop Child Labour, told Moulds that companies that sell their products in Europe and the US have no clue where the textiles are sourced.

In 2019 the National reported on how the garment supply chain is infamous for its complexity. A Behind the Barcodes report in 2015 documenting that 75% of 219 brands surveyed did not know the source of all their fabrics and inputs, and only half could trace where their products were cut and sewed, explained reporter Sass Brown.

Tackling child labour is further complicated by the fact it is just a symptom of larger problems. Where there is extreme poverty, there will be children willing to work cheaply and susceptible to being tricked into dangerous or badly paid work.

Fundamentally, our rampant consumerism continues to drive slavery. Servitude happens as a result of brands seeking to lower their production costs. Until there is a concerted attempt by governments and brands to tighten up regulations in the suppy chains, modern day slavery and the exploitation of millions of cheap labourers will continue.

This article was amended on 15/02/2020 to properly attribute a Unicef sponsored piece by Josephine Moulds in the Guardian and an article by Sass Brown in the National

Here is the original post:

Modern Slavery is Never Out of Fashion: Child Labour in the Clothing Industry - Byline Times

Modern slavery laws could be updated to tackle ‘sweatshops’ amid Boohoo allegations – iNews

Priti Patel is believed to be considering new laws on modern slavery in light of new revelations about illegal working conditions at fast fashion suppliers, citing concerns that existing legislation is not fit for purpose.

According to The Sunday Times, the Home Secretary reportedly believes that cultural sensitivities are preventing police and councils from confronting illegal sweatshops for fears of being labelled racist.

Fashion company Boohoo has appointed Alison Levitt QC to lead an independent review into allegations that their factories were paying staff below minimum wage and not complying with safety rules.

Its board was said to be shocked and appalled by the allegations.

The move follows an undercover investigation by The Times last week that revealed workers in a Leicester factory were being paid as little as 3.50 per hour.

Shares in Boohoo, which also owns fast-fashion brands Nasty Gal and PrettyLittleThing, plummeted nearly 40 per cent following the report, while Asos, Next and Zalando all dropped the fast-fashion brand from sale.

Poor working conditions are reported to be widespread for textile industry employees, who are largely of Asian descent.

Raj Mann, the police contact for Leicesters Sikhs, said some factory owners were cliquish and shared information about cheap workers and approaching raids and inspections.

The local authorities have known these sweatshops exist for decades but theyve been loath to do anything about it for fear of being accused of picking on immigrant or refugee communities, as a lot of the exploited workers are of Indian background, he said.

Within the Asian community people generally turn a blind eye to workers in the community who are on less than the minimum wage. They see it as being better than earning nothing at all.

Sara Thornton, the independent anti-slavery commissioner, said financial challenges caused by the coronavirus pandemic make workers more susceptible to exploitation.

As people have lost their jobs, they are increasingly desperate and will take exploitative work because at that point its the most rational option for them.

On the other side is that if employers are feeling desperate about getting their businesses back on track, they might also feel that they want to cut corners, she said.

At the moment the home secretary can injunct a company and require them to make a modern slavery statement. Thats never happened in five years but thats as powerful as it ever gets at the moment and I think it should be more.

Additional reporting by Press Association

Continued here:

Modern slavery laws could be updated to tackle 'sweatshops' amid Boohoo allegations - iNews