Economy

Here's another reason to resist the internet of things.

"These phones come with all kinds of restrictions on their possible physical capabilities. You may not take them apart. Depending on the plan, not all software can be downloaded onto them, not every device can be tethered to them, and not every cell phone network can be tapped. "Owning" a phone is much more complex than owning a plunger. And if the big tech players building the wearable future, the Internet of things, self-driving cars, and anything else that links physical stuff to the network get their way, our relationship to ownership is about to undergo a wild transformation. They also suggest that planned obsolescence will become much more common. For example, take watches: a quality dumbwatch can last decades, but a smartwatch will be obsolete in a few years."

I see no advantage to the customer.

Anti-Facebook social media site surges.

Economic crisis looms.

"A “poisonous combination” of record debt and slowing growth suggest the global economy could be heading for another crisis, a hard-hitting report will warn on Monday."

You don't say.