News
October 08, 2019
12 billion: Brazil's government, which earlier this year rejected aid to put out raging fires in the Amazon, now says that if other countries really want to preserve the rainforest, they should put their money where their mouth is: by sending Brazil some $12 billion a year to pay farmers not to develop their lands. Critics note that this would have no real effect since most fires are set illegally.
2,759: Police in Nigeria allegedly demanded a bribe of 1 million Naira ($2,759) to release a local software developer after arresting him on suspicion of being an internet scammer, simply because he was carrying a laptop. Nigeria's scammers are legendary, but the thriving local tech community in Lagos says corrupt shakedowns of talented pros like this are common and that they worsen brain drain from Africa's largest economy. #StopRobbingUs
230 million: The United Nations is facing a funding shortfall of $230 million and could run out of money by the end of this month, according to the organization's Secretary General. A third of member states, including the US and much of Latin America and Africa, have not paid their dues in full. Here's a map of the delinquents.
40 million: Facebook's policy of deliberately inflating video viewership numbers led to a class action suit that will now result in a $40 million settlement for advertisers. Some journalists have pointed out that none of this money will go to the many print hacks who lost their jobs amid the frantic push to "monetize video." Amen.
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Chris, an Army veteran, started his Walmart journey over 25 years ago as an hourly associate. Today, he manages a Distribution Center and serves as a mentor, helping others navigate their own paths to success. At Walmart, associates have the opportunity to take advantage of the pathways, perks, and pay that come with the job — with or without a college degree. In fact, more than 75% of Walmart management started as hourly associates. Learn more about how over 130,000 associates were promoted into roles of greater responsibility and higher pay in FY25.
Microsoft, Europol, and industry partners took coordinated action to disrupt Tycoon 2FA, a major phishing‑as‑a‑service operation designed to bypass multifactor authentication. Active since 2023, the service fueled large‑scale online impersonation, enabling fraud, data theft, and disruptions across sectors, including healthcare and education. Acting under a US court order, the coalition seized hundreds of domains powering Tycoon 2FA’s infrastructure — underscoring the need for global, public‑private cooperation that is essential to counter industrialized cybercrime and protect digital trust. Read the full blog here.
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