Earth

Tuesday Set an Unofficial Record For the Hottest Day On Earth (apnews.com) 114

An anonymous reader quotes a report from the Associated Press: The planet's temperature spiked on Tuesday to its hottest day in decades and likely centuries, and Wednesday could become the third straight day Earth unofficially marks a record-breaking high. It's the latest in a series of climate-change extremes that alarm but don't surprise scientists. The globe's average temperature reached 62.9 degrees Fahrenheit (17.18 degrees Celsius) on Tuesday, according to the University of Maine's Climate Reanalyzer, a common tool based on satellite data, observations, and computer simulations and used by climate scientists for a glimpse of the world's condition. On Monday, the average temperature was 62.6 degrees Fahrenheit (17.01 degrees Celsius), setting a record that lasted only 24 hours.

University of Maine climate scientist Sean Birkle, creator of the Climate Reanalyzer, said the daily figures are unofficial but a useful snapshot of what's happening in a warming world. Think of it as the temperature of someone who's ill, he said: It tells you something might be wrong, but you need longer-term records to work like a doctor's exam for a complete picture. While the figures are not an official government record, "this is showing us an indication of where we are right now," said National Oceanic and Atmospheric Administration chief scientist Sarah Kapnick. And NOAA indicated it will take the figures into consideration for its official record calculations.

Even though the dataset used for the unofficial record goes back only to 1979, Kapnick said that given other data, the world is likely seeing the hottest day in "several hundred years that we've experienced." Scientists generally use much longer measurements -- months, years, decades -- to track the Earth's warming. But the daily highs are an indication that climate change is reaching uncharted territory.

The Almighty Buck

Spanish Minister Proposes $21,000 'Universal Inheritance' From Age of 18 (theguardian.com) 276

Yolanda Diaz, Spain's Labor Minister and candidate for Prime Minister with the progressive platform Sumar, has proposed a scheme to tackle social inequality by giving every young person in the country 20,000 euros (roughly $21,776) to spend on school, training or starting a business once they reach the age of 18. The Guardian reports: According to Diaz's Sumar platform, which announced the policy before Spain's snap general election on 23 July, the initiative would cost 10 billion euros, which would be raised by taxing the rich. Sumar said the aim was to guarantee "equality of opportunity" regardless of people's family backgrounds or earnings. The payments, which would begin at the age of 18 and continue until the age of 23, would be accompanied by administrative support to help people study, train or establish their own business.

DÃaz confirmed that the policy -- called the "universal inheritance" -- would be available to all young Spaniards regardless of their economic circumstances and would be funded by taxing people earning more than 3 million euros a year. Sumar estimates it would cost 0.8% of Spain's GDP. The minister, who was raised in a staunchly communist household, said she had been unable to follow her own dreams of becoming an employment inspector because there was not enough money for her to spend years studying. "Becoming an employment inspector in Spain would have taken about five years," she said. "I'm not an employment inspector because I'm the daughter of working-class parents and I could never have allowed myself to do that. This is a redistributive measure that will allow the young people of our country to have a future regardless of their surname."

The Courts

Uber, DoorDash Sue NYC Over Minimum Wage Law (nytimes.com) 63

Uber Eats, DoorDash, and GrubHub filed lawsuits on Thursday seeking to strike down New York City's minimum wage law for delivery workers. The New York Times reports: Uber, DoorDash and Grubhub on Thursday each filed a request for a temporary restraining order in State Supreme Court in Manhattan to stop the wage changes from going into effect on July 12. Relay, a smaller, New York-based food delivery platform, did the same. The new pay standard, which was announced last month, would require gig platforms to pay food delivery workers about $18 per hour and to increase that amount to $20 per hour by 2025. Delivery workers currently make around $11 an hour, according the city's estimate.

But Uber and the other gig companies say they will be forced to pass on the cost of the higher wages to consumers by raising prices. They argue that the city's modeling does not correctly calculate the degree to which these higher prices will harm local restaurants. And they say that the new system will work to deliverers' disadvantage because the company, to control costs, will have to strictly monitor how much time they spend online on the apps but not actually doing deliveries. "The rule must be paused before damaging the restaurants, consumers and couriers it claims to protect," Josh Gold, an Uber spokesman, said in a statement.

In a prepared statement, Vilda Vera Mayuga, the commissioner of New York City's Department of Consumer and Worker Protection, defended the new wage standard. "Delivery workers, like all workers, deserve fair pay for their labor, and we are disappointed that Uber, DoorDash, Grubhub and Relay disagree," she said. "These workers brave thunderstorms, extreme heat events and risk their lives to deliver for New Yorkers -- and we remain committed to delivering for them."

The Almighty Buck

NY Fed Says Months-Long Test on Digital Dollar Shows Speed Advantage 15

A monthslong test with some of the world's largest banks found that digital dollars could be an effective way to improve domestic and cross-border payments, according to a unit of the Federal Reserve Bank of New York. A report adds: The Fed's New York Innovation Center spent 12 weeks testing a technology known as a regulated liability network, which allows banks to simulate issuing digital money representing their customers' own funds before settling through central bank reserves on a distributed ledger. The test proved to the Fed that these so-called digital dollars have the ability to improve wholesale payments, and that the use of the ledger didn't alter the legal treatment of the deposits. "From a central banking perspective, the proof of concept was conducive to exploring tokenized regulated deposits and understanding the potential functional benefits of central bank and commercial bank digital money operating together on a shared ledger," Per von Zelowitz, director of the New York Innovation Center, said in a statement.
Businesses

FBI Hired Social Media Surveillance Firm That Labeled Black Lives Matter Organizers 'Threat Actors' (theintercept.com) 151

The FBI's primary tool for monitoring social media threats is the same contractor that labeled peaceful Black Lives Matter protest leaders DeRay McKesson and Johnetta Elzie as "threat actors" requiring "continuous monitoring" in 2015. From a report: The contractor, ZeroFox, identified McKesson and Elzie as posing a "high severity" physical threat, despite including no evidence that McKesson or Elzie were suspected of criminal activity. "It's been almost a decade since the referenced 2015 incident and in that time we have invested heavily in fine-tuning our collections, analysis and labeling of alerts," Lexie Gunther, a spokesperson for ZeroFox, told The Intercept, "including the addition of a fully managed service that ensures human analysis of every alert that comes through the ZeroFox Platform to ensure we are only alerting customers to legitimate threats and are labeling those threats appropriately."

The FBI, which declined to comment, hired ZeroFox in 2021, a fact referenced in the new 106-page Senate report about the intelligence community's failure to anticipate the January 6, 2021, uprising at the U.S. Capitol. The June 27 report, produced by Democrats on the Senate Homeland Security Committee, shows the bureau's broad authorities to surveil social media content -- authorities the FBI previously denied it had, including before Congress. It also reveals the FBI's reliance on outside companies to do much of the filtering for them. The FBI's $14 million contract to ZeroFox for "FBI social media alerting" replaced a similar contract with Dataminr, another firm with a history of scrutinizing racial justice movements. Dataminr, like ZeroFox, subjected the Black Lives Matter movement to web surveillance on behalf of the Minneapolis Police Department, previous reporting by The Intercept has shown.

Businesses

US VC Deal Spending Falls by Half in Second Quarter, Report Says (bloomberg.com) 14

Venture capitalists are funding fewer startups, especially at the earliest stages of a company's life, according to new data from research firm PitchBook. From a report: In the US, investors financed 3,011 startup funding deals last quarter, about a third fewer than a year ago. And they spent a lot less cash: $39.8 billion, down by nearly half from the same period last year. Take out the more than $6.5 billion investors spent on payments company Stripe, and the total looks even worse, said PitchBook analyst Kyle Stanford.

The biggest drop came in angel or seed deals, which is financing for startups usually still at the concept stage. In that category, there were half as many funding deals as there were a year earlier. Those early funding rounds -- when young companies are either nurtured or starved -- are generally considered to be critical to the health of the venture ecosystem. But the lower deal numbers aren't all bad news, Stanford said. In the heady days of the pandemic boom, there were "probably too many" startups raising money because the public markets can only support so many public offerings, he said. "Starting these companies slower is probably healthy."

Android

The User-Repairable Fairphone 4 Is Finally Coming To the US (theverge.com) 65

The Fairphone 4 -- a user-repairable smartphone built using ethically sourced materials -- is finally coming to the US, almost two years after it first debuted back in September 2021. The Verge reports: Fairphone is partnering with Murena, a company best known for de-Googling Android phones, to launch the US pilot of the Murena Fairphone 4 -- a variant of the handset that runs on a privacy-oriented Android-based operating system: /e/OS. There are two configurations available: one with 6GB of RAM and 128GB of storage for $599 and another with 8GB of RAM and 256GB of storage for $679. The storage of both models can be expanded via microSD, and the phone features a modular design that can be easily disassembled using a standard Phillips #00 screwdriver to replace broken components. It also has an IP54 rating, meaning the device is protected against dust and water sprays.

The Murena Fairphone 4 will ship to US customers with 5G and dual SIM support, a removable 3905mAh battery, a 48-megapixel main camera, a 48-megapixel ultrawide, and a 25-megapixel selfie camera. The phones will be available to order exclusively from Murena's webstore starting today. The Murena Fairphone 4 also comes with the /e/ operating system preinstalled, which is described as a privacy-focused, Google-free mobile ecosystem for folks who want to avoid handing any data over to the search giant. Instead of the usual Google apps, the Fairphone 4 will come with a range of default Murena Cloud apps for things like email, calendar, and cloud storage as well as a dedicated app store that highlights the privacy ratings of each app to help users monitor how their online activity is being tracked.

The Fairphone comes unlocked, but the press release mentions that T-Mobile and other operators based on T-Mobile's network are the only US carriers recommended to be used with the device. Fairphone is also providing an extended five-year warranty for the hardware, and /e/OS is similarly committed to fixing bugs and supporting security and feature updates for five years. The Murena version is the only Fairphone 4 model being introduced to the US, and there's no mention of the standard Android OS model joining it anytime soon.

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