Miscellany

Some recent nuggets in the news:

“Arrest Made in German VW Probe,” The Wall Street Journal, September 29, 2017 B1. German authorities arrest former engine chief in connection with emissions scandal.

“Volkswagen Adds to Diesel Costs,” The Wall Street Journal, September 30, 2017 B2.  Costs of scandal approach $30 billion.

“Boeing Disputes Battery Testing,” The Wall Street Journal, September 30, 2017 B4.  Does the government know more about how to test batteries that aircraft manufacturers?  Who decides?

“HSBC Is Slapped With Big Fine by Fed,” The Wall Street Journal, September 30, 2017 B9.  Bank fined $175 million for failing to adequately supervise foreign exchange traders.

“Google Probes Russian Activity On Sites,’ The Wall Street Journal, September 30, 2017 B1. Did Russians manipulate voters through ads on Google?

“Did You Watch the NFL?” The Wall Street Journal, October 2, 2017 A16.  Do employees have the right to voice their individual views in the workplace?  Can the business owners restrict political (or other) speech in the workplace?

“Twitter Faces Scrutiny Over Bots,” The Wall Street Journal, October 3, 2017 B5. Did Russians (or others) use bots to pump up the dialog leading up to the election (or anything esle)?  Does this undercut the Twitter brand?

“Yahoo’s Hack Hit Swells to 3 Billion Accounts,” The Wall Street Journal, October 4, 2017 A1.  Four years later, company discovers it’s initial estimates were off by 300%.  Could there be a more massive privacy breach?

“Extreme Facebook Ads Persisted,” The Wall Street Journal, October 4, 2017 B1.  Message manipulation continued until at least August 2017.

“Europe’s Top Court to Review Privacy,” The Wall Street Journal, October 4, 2017 B4. Can US companies store data on European citizens on computers in the US?

“Boards Wake Up to Company Culture,” The Wall Street Journal, October 4, 2017 B9.  Does this go beyond the culture of compliance and ethics?

“Wells Chief Defends Bank Amid Grilling,” The Wall Street Journal, October 4, 2017 B14.  Post-scandal CEO still fighting back over management’s role in the scandal.

“Fringe Clips Rank High on YouTube,” The Wall Street Journal, October 6, 2017 B1.  Algorithms fail to exclude posts from unverifiable sources.

“Dow Jones Publishes Errant Headlines in Systems Snafu,” The Wall Street Journal, October 11, 2017 B3.  Oops.  There were humans involved.

“Indonesia Scrutinizes U.K. Bank’s Clients,” The Wall Street Journal, October 11, 2017 B16.  Bank self-reports the transfers to Singapore, which happened just before new rules required banks in Guernsey to share information.  Privacy rules only protect you so far.

“NFL Eyes Rules During National Anthem,” The Wall Street Journal, October 11, 2017 A3.  Apparently, the employer can impose rules on the behavior of their employees.

“Trump Takes Aim at Sports Tax Breaks,” The Wall Street Journal, October 11, 2017 A3.  Is it governance to “influence” the behavior of owners?

“Qualcomm Draws Fine in Taiwan,” The Wall Street Journal, October 12, 2017 B5.  Patent licensing  business draws $773 million fine.  IP has value, but it also has risks.

“Jury Finds Kansas City Executive Guilty in Loan Scheme,” The Wall Street Journal, October 14, 2017 A3.  Executive and his lawyer (who was also convicted) used a scheme through Indian tribes to offer payday loans.

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