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Jessica Lessin is optimistic about the news — and ‘The Information’ is doubling down

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It’s not exactly the best moment for news, what with a president intent on attacking journalists and the public’s abysmal trust in the media. So it’s a little surprising to hear how optimistic Jessica Lessin is about the future. 

But there are better days ahead for an industry that has been in a multi-decade, internet-enabled tailspin, she believes.

“The reason I’m optimistic is because we have a model that works for quality information in 2017, and it’s a subscription business,” Lessin said. 

When Lessin started The Information in 2013, the notion of a $400-a-year subscription-based publication was perplexing. Free journalism abounded and the tech scene that her outlet covered was already the subject of intense reporting. Who would pay for this kind of thing? Read more…

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This backpack can carry all of your things — and you

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MOVPAK is an electric skateboard and a backpack all in one. The skateboard pops out from the bottom of the bag and pops back in after use. It can also reach speeds up to 15 mph and is remote controlled. The electric board takes 2 hours to charge and can ride for 9 miles on a single charge — allowing you to carry all your things on your back in the subway and ride the rest of the way to work. Read more…

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Russia says Syria is getting close to a congress of all ethnic groups

AssadAmmar Abdallah/Reuters

MOSCOW (Reuters) – A proposal to convene a congress of all Syria’s ethnic groups is a joint initiative which is being promoted by Russia and others and is now being actively discussed, the Kremlin said on Friday.

It is premature, however, to discuss the time and venue for the congress, which is seen as a mechanism to assist Syria’s post-war development, Putin’s spokesman Dmitry Peskov told a conference call with reporters.

Putin mentioned the idea of holding such a congress at a forum with foreign scholars on Thursday.

NOW WATCH: The 5 most annoying changes in the new iPhone update — and how to fix them

Business

Breast Cancer Awareness Month: Symptoms of Breast Cancer And What To Do About Them

There are a number of symptoms of breast cancer which mystifies a lot of people especially women. And the best remedy for that is proper education and training – even while you are young. Your health care needs change as you age so you should never feel complacent about your health. While it is true that prevention is better than the cure, early diagnosis can also help save a life. Believe it or not, breast cancer symptoms can be self-diagnosed. There are methods and ways to do it on your own, in your own time, and in the privacy of your own home. Unfortunately, there are various myths and old wives tales surrounding this dreaded illness. Like how wearing a wired bra or using antiperspirants can lead to breast cancer. Their persistence in society has lent it credence and, sadly, true. The thing is, both of these has already been debunked by even Dr. Wong Seng Weng who is the Medical Director at the Singapore Medical Group’s Cancer Center. Parts of your breasts In order to understand the symptoms of breast cancer, you have to know your breast thoroughly. Surprisingly, not all women are aware of this list. Since knowledge

The post Breast Cancer Awareness Month: Symptoms of Breast Cancer And What To Do About Them appeared first on The New Savvy.

Business

Lawmakers try their hand at banning ticketing bots, but it’s not the end of them

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The pain of narrowly missing out on concert tickets is an all too common feeling.

While we might be quick to blame our reflexes, scalpers employing bots have been wreaking havoc in the now mostly digital ticket selling business. 

The Australian state of New South Wales will ban these ticket bots as part of laws passed on Wednesday, which makes it the first jurisdiction in the country to do so.

The Fair Trading Amendment (Ticket Scalping and Gift Cards) Bill 2017 outlaws the use of bots, while also capping the transaction cost of resales to 10 percent of its sale price. Read more…

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Experts don’t know if the fake news problem will get more or less awful

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If you’re looking for good news about the future of false information on the internet, please close this little post and continue your search. Your eyes are wasting their time here. 

A Pew Research Center study published on Thursday polled more than 1,000 experts of various kinds on how they view the future of fake news. 

Here’s the survey question:

The results are decidedly mixed.

Just over 50 percent of respondents said the media environment won’t improve, while just under 50 percent said it will. 

Why are some experts so pessimistic? According to the study, the two most common reasons are that the “fake news ecosystem preys on some of our deepest human instincts” and “our brains are not wired to contend with the pace of technological change.” Read more…

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Twitter shares its roadmap to curb abuse

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Twitter prides itself on being “what’s happening,” but unfortunately for the company’s users, what’s frequently happening is unchecked harassment. CEO Jack Dorsey apparently has plans to change all that, and today put forth a roadmap for curbing abuse on the social media platform. 

In an Oct. 19 post, the Twitter Safety team published a detailed calendar listing target dates and goals for changing the site’s rules. Taking it a step further, Twitter promised to share “regular, real-time updates” on its efforts to make the service “a safer place.” 

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Business

The iPhone 8 isn’t looking so great

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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AXP, APRN, UAL)

Kenya oppositionReuters/Baz Ratner

Here is what you need to know. 

It’s the 30th anniversary of the 1987 stock market crashThe Dow Jones Industrial average crashed more than 22% on October 19, 1987, making for the biggest one-day percentage drop in its history.  

China’s GDP slows down a bitData released by the National Bureau of Statistics on Wednesday showed the Chinese economy grew at a 6.8% year-0ver-year rate in the third quarter, matching estimates but down from the second quarter’s 6.9% print.

UK retail sales post their slowest growth in 4 yearsRetail sales rose 1.5% on a three-month basis, making for their worst performance since October 2013, according to data released by the Office for National Statisctics. 

Trump picks a new head of the FTCPresident Donald Trump has picked Joseph Simons, a partner at the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, to head the Federal Trade Commission. 

American Express’ CEO is stepping downKenneth Chenault is stepping down as chairman and CEO of American Express after 17 years, a company press release said Wednesday. He will be replaced by current vice chairman Stephen Squeri. 

Blue Apron lays off hundreds of workersThe meal-kit company announced Wednesday that it laid off 6% of its staff, or about 300 workers.  

United lost $185 million due to the hurricanesThe airline took a $185 million pre-tax loss as a result of canceled flights during the Atlantic hurricane season, Reuters reports.

Stock markets around the world trade mixedJapan’s Nikkei (+0.4%) led the gains in Asia and Germany’s DAX (-0.5%) trails in Europe. The S&P 500 is set to open down 0.39% near 2,551.

Earnings reports keep coming. Phillip Morris reports ahead of the opening bell while PayPal releases its quarterly results after markets close.  

US economic data flowsInitial claims and the Philly Fed will both be released at 8:30 a.m. ET. The US 10-year yield is down 3 basis points at 2.32%. 

Business

Top 5 Tips for Using Credit Cards Overseas

Before jetting off to tour Asia or backpack through Europe for your next adventure, you may find yourself caught in a dilemma on how to pay for your travel expenses incurred through transactions with merchants at the holiday destinations that you are heading to. You may ask yourself, what is the best way to pay all of these merchants? Would it be cash, cheque or a credit card? Here are five tips that you can follow to fully maximise credit overseas. 1. Choose The Right Card Before you start using your credit card all day every day abroad, understand how your credit card company may apply foreign transaction fees. Stop to read the fine print. Does your credit card charge any fees that you did not know about? Watch out for the hidden fees and train yourself to avoid those pesky charges. Many credit card companies charge a fee for transactions performed abroad, usually 2%-3% of your total purchase. It may not sound like a hefty charge but why spend more when you don’t have to? Take, for example, a total sum of $5,000 was charged to your credit card on hotels, taxis, restaurants, and other expenses as you tour

The post Top 5 Tips for Using Credit Cards Overseas appeared first on The New Savvy.

Business

Don’t settle for buffering —this lil gadget is here to help

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Just to let you know, if you buy something featured here, Mashable might earn an affiliate commission.

This may sound like heresy, but WiFi isn’t all it’s cracked up to be. Sure, it’s nice not having wires everywhere and it makes you feel like you’re living in the future, but WiFi can also have drawbacks. It can be painfully slow, has a limited range of coverage, and opens up your network to all kinds of security issues. It’s like trying to power an SUV with a sundial and wondering why it’s taking forever and doesn’t go very far. 

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