Discussion topics

On Saturday Oct. 21st—just two weeks after a top Russian banking authority hinted that Bitcoin exchanges would be banned in the country—Russian President Vladmir Putin released five Presidential orders related to the regulation of cryptocurrencies and blockchain technology.

National regulations have been proposed as mechanisms to reduce scams and crime facilitated by cryptocurrencies, but in the case of Russia it may be tied up in the country's alleged plans to launch a national cryptocurrency.

The world will need "carbon sucking" technology by 2030s, scientists warn.

As efforts to cut planet-warming emissions fall short, large-scale projects to suck carbon dioxide out of the atmosphere will be needed by the 2030s to hold the line against climate change, scientists have said.

“If you’re really concerned about coral reefs, biodiversity [and] food production in very poor regions, we’re going to have to deploy negative emission technology at scale,” said Bill Hare of Climate Analytics, a science and policy institute.

Imagine a world where your daily activities were constantly monitored and evaluated: what you buy at the shops and online; where you are at any given time; who your friends are; how many hours you spend watching content or playing video games; and what bills and taxes you pay (or not).

On Wednesday, Melinda Gates joined LinkedIn (now owned by Microsoft) and penned her first column about changing the high-pressure culture.

She writes that in fact technology has made it harder to pull away from our jobs, and easier to wonder whether a night off or a long weekend is damaging our careers.

The result is a work ethic that hurts everyone. When companies demand that employees work themselves into the ground, those that want to balance career with family life lean out. Some of them leave the corporate world altogether, which limits diversity.

Once upon a time, the American dream was built on the ideal that hard work leads to success. But today, with the rise of technology, the message has become: work all the time or you will fail, Melinda Gates argued in her first column on LinkedIn. 

This workaholic culture is particularly harmful to women, Gates writes, because women are still being told by society that home care and child care is up to them as well. She explained:

Japan's push to attract innovative financial technology (fintech) startups to the country could spell trouble for the US.

On Wednesday at the New York Stock Exchange, Japanese Prime Minister Shinzo Abe said the government was moving forward with a plan to roll back regulations on some fintech startups to help spur the development of emerging technology and drive growth in the country.

The footballer Neymar has dismissed suggestions his world-record £198m move to Paris Saint-Germain was motivated by money and instead insisted he moved to the French capital for “a new challenge”.

“I wanted something bigger, a bigger challenge. This was about ambition,” Neymar said. “I was never motivated by money. I thought about the happiness of my family, regardless of money.”

Nasser al-Khelaifi, the PSG owner, said “For me Neymar is the best player in the world. With him our project will grow even stronger. Let’s enjoy Neymar.”

In America, on a unanimous voice vote, a Senate committee approved legislation that authorizes self-driving car makers to sell as many as 80,000 vehicles a year within three years that would be exempt from current safety standards as manufacturers develop technology for autonomous vehicles.

Transport for London has announced it will not renew ride-sharing app Uber’s license because it has identified a “lack of corporate responsibility” in the company. But did the company deserve to have its licence revoked?

A number of Japanese banks are set to launch a new national digital currency in a bid to wean citizens off cash, the Financial Times reports.

The FT says that a consortium led by Mizuho Financial Group and Japan Post Bank plan to launch the new digital currency in time for the Tokyo 2020 Olympics.

The new project, which has the support of Japan's central bank and regulators, aims to develop technology to allow Japanese people to pay for goods and services with their smartphone.

To say the words, “I agree”—whether it’s agreeing to join an organization, or submit to a political authority, or subscribe to a religious faith—may be the basis of every community.

But to say, I disagree; I refuse; you’re wrong—these are the words that define our individuality, give us our freedom, seize our attention, energize our progress, and make our democracies real.

China’s Huawei technologies, the world’s third largest smartphone maker after Apple and Samsung, has announced plans to build new R&D facilities in Chiba, Japan.

This news shows the general trend of Chinese corporations becoming multinationals, but what struck Japanese people is not this news, but other news that Huawei Japan is offering the starting monthly salary of 400,000 Japanese yen.

One of my favorite economists, Dan Ariely, tells this story about a locksmith. When the locksmith was new at his job, when he was an apprentice, he took a really long time to open a lock. And people saw him working away, struggling, really having a hard time. And often they'd end up giving him a tip. But then when the locksmith got better at his job, when he got so good at his job he could open pretty much any lock in just a minute or two, then his customers started complaining. They were like, you want $200 for that? This took you, like, 30 seconds. And you can see why, right?

Amazon and Microsoft are teaming up to get their virtual assistants to talk to each other.

Someone with an Amazon Echo smart speaker might use Cortana to book a meeting or to check a calendar, Amazon suggested in a press release announcing the news on Wednesday. Or Cortana users could control their smart home via Alexa.

In 2013, Volvo announced a potentially revolutionary approach to designing electric vehicles (EVs). It wanted to replace some of the steel body panels in its cars with carbon fiber composite materials that can store power like a battery.

The rechargeable panels would be composed of multiple layers of carbon fiber, which are insulated from each other by fiberglass inserts. The result is a structural component that can be charged like the battery.

A test of self-driving bus services organized by the transport ministry kicked off in Tochigi Prefecture on Saturday.

The ministry hopes to launch the autonomous bus services in fiscal 2020 to provide a means of transportation for elderly people living in hilly and mountainous areas with dwindling populations.

The ministry hopes automated public transport services will help elderly people who have trouble visiting hospitals or shopping because they can no longer drive or their bus services have been canceled.

Japanese automotive giant Toyota has made a strategic investment in South East Asia taxi-hailing service Grab.

Not every successful product is “the best” product in its category.

The point of Ikea or Toyota isn’t to be the greatest, most high-end offering in the realm of houseware or cars, the point is to meet a practical consumer need at an attractive price. There are Ferraris and Porsches in the marketplace, too, but making “the best” car isn’t necessarily a more successful business strategy than making a good enough car at a reasonable price.

Amazon.com Inc. spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as much as 43 percent.

In a sign of how the retailer is changing, the Amazon Echo, a voice-activated electronic assistant, was also for sale, for $99.99—a sharp pivot into electronics for a company known for kale and quinoa. The Echo Dot, a smaller version, was advertised for $44.99.

A startup in South Korea is making headlines for only hiring staff that are aged 55 years and over.

The founder of content monitoring company EverYoung established the rule to prove the futility of age discrimination – a phenomenon that's reportedly prevalent in modern Korean corporate culture.

Employees at EverYoung monitor blog content on Korean web portal Naver and detect sensitive information on Naver Maps, as well as perform other IT tasks, including running coding classes for school students.