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Business

Everything you need to know about California’s new Electronic Communications Privacy Act – latimes.com

Gov. Jerry Brown signed the California Electronic Communications Privacy Act on Friday in what the American Civil Liberties Union described as a “landmark victory” for digital privacy. – Tracey Lien

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Business

Lyft’s new partnerships will give drivers free gas and access to rental cars – theverge.com

Ride-hailing service Lyft wants to stay on drivers’ good side, and sign up new ones in the process. So the company announced today that it has partnered with gas company Shell and the Hertz car-rental service to provide discounts for both current users and prospective drivers thinking about joining Lyft. – Nick Statt

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Business

TWITTER IS REPORTEDLY MAKING JACK DORSEY ITS PERMANENT CEO – fastcompany.com

Nearly four months after Dick Costolo stepped down as CEO, Twitter appears to have found a new chief executive: its original one. Cofounder Jack Dorsey will reportedly be named permanent CEO of Twitter “as early as tomorrow,” according to Re/code. Dorsey, who originally ran the company from its founding up until 2011, returns to Twitter at a challenging time in

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Business

‘Uberisation’ of economies pinching state tax revenues – businessinsider.com

With “sharing economy” services like Uber, Blablacar and Airbnb spreading among consumers, state tax collectors risk experiencing a revenue pinch as these new collaborative players capture market share from traditional businesses – Valentin Bontemps

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Technology

Instagram Hits 400M Users Just 9 Months After Announcing 300M – techcrunch.com

Today, Facebook-owned photograph-centric social network Instagram announced that it has hit 400 million users. This comes just nine months after announcing that it hit the 300 million mark. – Drew Olanoff

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Business

European court adviser finds against US data sharing deal in Facebook case – thenextweb.com

A long-running legal battle between Facebook Ireland and Max Schrems, an Austrian privacy activist, has resulted in the European Court of Justice (ECJ) recommending that the passing of data between Facebook’s Irish and US headquarters is in breach of European data protection laws. – Ben Woods

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Business

The rise of Asian American leaders in tech

Page and Brin will oversee Alphabet, giving Pichai complete latitude in running Google, currently the sixth largest tech company in the world, and arguably the one most omnipresent in our digital lives. By Jeff Yang, CNN

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Business

Google Creates Parent Company Called Alphabet in Restructuring

Google Inc. unveiled a sweeping reorganization that separates its highly profitable search and advertising business from fledgling efforts in an array of so-called moonshots.By  ALISTAIR BARR and ROLFE WINKLER,Updated Aug. 10, 2015, THE WALL STREET JOURNAL.

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Business

Alibaba, eBay and counterfeit products.

It is the federal court for the Southern District of New York, a favoured battleground for the decidedly unglamorous war against counterfeit goods. Aug 1st 2015, New York, THE ECONOMIST Print Edition.

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Business

California’s drought is ‘a harbinger of the coming global water crisis’ – businessinsider.com

The four-year California drought is causing unparalleled devastation to the region. By COREY STERN, BUSINES INSIDER.  

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Business

Anthony Pratt Is Getting Wealthier Off Americans’ Trash – forbes.com

When Anthony Pratt, the affable, orange-haired Australian billionaire behind America’s biggest maker of fully recycled cardboard boxes, takes you on a tour of his factory in Valparaiso, Ind., you’re bound to stop for the bronze plaque outside: By Chase Peterson-Withorn, Forbes

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Business

After Deal, Europeans Are Eager to Do Business in Iran – nytimes.com

PARIS — Before the ink was even dry on the Iran nuclear deal, European leaders and executives were heading to the airport to restart trade with an Iranian market described in almost feverish terms as “an El Dorado” and potential “bonanza.” By ALISSA J. RUBIN, NYTimes

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Science

World’s first artificial surfing lake – bbc.com

Britain’s first artificial surfing lake is due to open in Snowdonia next year. Camera/editing: Tony Smith, BBC

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Technology

Google hires team behind cleaning startup to help find you a plumber – engadget.com

This morning, Homejoy, an on-demand cleaning service startup in San Francisco, announced that it would be shutting down on July 31st. CEO Adora Cheung told Re/Code that the decision came about in large part due to four ongoing lawsuits brought against the company by workers who wanted to be reclassified as employees – Nicole Lee

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Technology

The Inside Story of Oculus Rift and How Virtual Reality Became Reality – wired.com

AS HE FLEW from Orange County to Seattle in September 2013, Brendan Iribe, the CEO of Oculus, couldn’t envision what the next six months would bring. By PETER RUBIN, WIRED

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Business

Opinion: Two reasons why gold may plunge to $350 an ounce – marketwatch.com

Gold bugs, who have just begun to digest bullion’s more than $100 drop over the past month, need to prepare for the possibility of an even bigger decline – Mark Hulbert

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Technology

A Week In, Casey Neistat’s New App Beme Has 1.1M Videos Shared – techcrunch.com

Launched about a week ago, Beme is a new video-sharing app built by viral filmmaker Casey Neistat and Matt Hackett, former VP of Engineering at Tumblr and Hacker-in-Residence at betaworks – Fitz Tepper

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Business

Come Monday Afternoon Can Baidu Revive Chinese Stocks? – forbes.com

Baidu, one of the largest Chinese companies in terms of value that trade on our shores, will report earnings for the second quarter after the close of regular market trading on Monday – Jay Somaney

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Science

Monsanto Is Trying To Become The Biggest Company In The History Of Agriculture – modernfarmer.com

  Monsanto, the enormous agricultural technology corporation perhaps best known for its genetically modified seeds and its herbicide Roundup, is on a mission.

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Business

Amazon is now bigger than Walmart – mashable.com

Amazon’s market value surged past Walmart’s in after-hours trading Thursday, fueled by an unprecedented lurch in the e-commerce giant’s profits

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Business

How one entrepreneur is turning his forgetfulness into a business – cultofmac.com

His father implored him to get a Day-Timer, an executive planner that was wildly popular in the ’80s. But the young entrepreneur dismissed the idea — his personal organizer was his iPhone. And that’s when it hit him: The world needed a Day-Timer for the iPhone

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Business

People Apparently Care More About the iPod Than the Apple Watch – esquire.com

If Google Trends is anything to go by, and it probably is since Google now owns every scrap of information in the known universe, the Apple Watch is getting searched for far less than any other Apple product out there, including the iPod, which debuted almost a decade and a half ago

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Science

Puerto Rico Water Crisis – nytimes.com

On an island that is flirting with default, fending off comparisons to Greece and losing its people to the mainland, the biggest problem most people face is something more elemental

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Business

Honda agrees to repay $24 million to minority auto-loan borrowers. – marketwatch.com

Honda Motor Co.’s auto finance unit will pay out $24 million in compensation to minority borrowers after the federal government said the car maker charged African-American, Hispanic and Asian borrowers higher interest rates on car loans than it did for whites

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Business

Trans-Pacific Partnership (TPP) : Big Changes Ahead.

June 24, 2015 the Republican controlled Senate passed the trade promotion athority bill.  This legislation  allows President Barrack Obama to expedite negotiations on the 12 country Trans-Pacific Partnership (TPP). What is the TPP?  At present, it is  ongoing trade negotioations involiving 12 Pacific rim nations: United States, Canada, Mexico,Peru, Chile on the Eastern Pacific rim, Australia, Brunei, Japan Malaysia, New Zealand, Singapore, Vietnam on

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Aetna CEO addresses antitrust concerns – reuters.com

Aetna Inc’s (AET.N) chief executive said Monday he was confident any antitrust review of the health insurer’s proposed purchase of smaller rival Humana Inc (HUM.N) would allow the deal to close in the second half of 2016 – reuters.com

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American Apparel to close underperforming stores – latimes.com

Struggling retailer American Apparel Inc. is laying off workers and closing some stores as part of an ongoing effort to turn around its business – latimes.com

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Silicon Valley struggles to pitch water-saving tech to farmers – latimes.com

They came to convince farmers that PowWow Energy’s Pump Monitor software can manage irrigation via smartphone. They spotted a prospect off the side of Highway 99

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Agricultural use of drones about to take off after being grounded – foxbusiness.com

Watching a flying demonstration on Maryland’s Eastern Shore, the Missouri farmer envisions using an unmanned aerial vehicle to monitor the irrigation pipes

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World Awaits Outcome of Sunday Referendum in Greece – foxbusiness.com

As Greece heads to a referendum on Sunday that could decide its future in the euro zone, long queues at cash machines have become the most potent symbol of the cost of the deadlock between the left-wing government and its international lenders.

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