Facebook Has a Superuser-Supremacy Problem
Plus: Salesforce Is Making a Wellness Retreat for Workers, Digital books are not fireproof, and more ...
Good Morning! and Happy Friday. Here is what’s on today’s edition:
Facebook Has a Superuser-Supremacy Problem (Matthew Hindman via The Atlantic)
Salesforce Is Making a Wellness Retreat for Workers. (Katherine Bindley via Wall Street Journal)
Digital books are not fireproof. (Chris Freeland via ZDNet)
New algorithm bill could force Facebook to change how the news feed works. (Makena Kelly via The Verge)
The Fed is likely to still take a measured approach to rate hikes despite calls for bigger action. (Steve Liesman via CNBC)
Ada Palmer and the Weird Hand of Progress. (Gregory Barber via WIRED)
Affirm shares plummet after accidentally tweeting financial results early. (Kif Leswing via CNBC)
Enjoy! see you all on Monday.
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Today’s pick
Facebook Has a Superuser-Supremacy Problem
(Matthew Hindman via The Atlantic). Most public activity on the platform comes from a tiny, hyperactive group of abusive users. Facebook relies on them to decide what everyone sees. Read More.
Forget the Office-Salesforce Is Making a Wellness Retreat for Workers
(Katherine Bindley via Wall Street Journal) In the work-from-home era, the ranch is the tech company’s new corporate-culture epicenter. Read More.
Librarian's lament: Digital books are not fireproof
(Chris Freeland via ZDNet). Publishers are using copyright law as a battering ram to assert corporate control over the public good. Read More.
New algorithm bill could force Facebook to change how the news feed works
(Makena Kelly via The Verge) A new bipartisan bill, introduced on Wednesday, could mark Congress' first step toward addressing algorithmic amplification of harmful content. Read More.
The Fed is likely to still take a measured approach to rate hikes despite calls for bigger action.
(Steve Liesman via CNBC) Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path. Read More.
Ada Palmer and the Weird Hand of Progress
(Gregory Barber via WIRED) The sci-fi author writes about the 25th century and teaches college students about the 15th. The past we think we know is wrong, she says—and so is the future. Read more.
Affirm shares plummet after accidentally tweeting financial results early
(Kif Leswing via CNBC) Affirm stock dropped 21% to a share price of $58.68 on Thursday after the company reported second-quarter results ahead of schedule. Read More.
That’s all for today! Thanks for reading to the bottom and soaking in our Newslit fuelled highlights for your morning.
I hope you found it interesting and, needless to say, if you have any questions or feedback let me know by hitting reply or on Twitter.
Take care,
Jose