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11.04.16 | 6:49 pm

Californians are paying $50 billion more than they can afford for housing, report says  

One of the biggest domestic issues facing this country in 2016 is accessibility to housing—a problem politicians have been notably silent on. A recent report from McKinsey indicates people in California are over paying for housing, to the tune of $50 billion. That's a big discrepancy between the amount people are paying for housing versus what they can actually afford. That gap is costing the state $140 billion in lost economic opportunity from potential construction and new business.

The report says there is enough land in California to add more than 5 million housing units in so called "hot spots," which would in theory alleviate much of the housing pressure. In many areas, including California, there is a misperception that there is not enough available land for construction. But often impediments to development prevent new housing from going up.

McKinsey chose California as a case study to highlight the overall housing problem in the U.S. with the hope that some of its proposed solutions could provide insight for other regions.   

05.23.17 | 41 minutes ago

Scribd adds top newspapers to its premium digital subscription service

The digital reading subscription service is adding articles from the New York Times, Wall Street Journal, The Guardian, and Financial Times to its mix of books, audiobooks, magazines, and documents. It's also introducing platform enhancements, including a redesign and enhanced recommendation tools that feature the articles right next to its existing selection of content. Last November, Scribd expanded into magazine content, featuring current and archived stories from Ad Age, Bloomberg Businessweek, Entrepreneur, ESPN The Magazine, Foreign Policy, Fortune, New York Magazine, People, Time, and more.

"The holistic reading experience we present through books, audiobooks, magazines — and now premium newspapers — will continue to keep our in-the-know readers both informed and engaged in what's going on in the world," said Scribd CEO Trip Adler. "Additionally, we're continuing to help our publishing and trusted news partners reach new audiences."

05.23.17 | 2 hours ago

Watch live as NASA astronauts spacewalk to repair the ISS

Astronauts Peggy Whitson and Jack Fischer will replace a data box that controls solar arrays and other equipment on the space station.

05.23.17 | 2 hours ago

Hong Kong has arrested 21 Uber drivers

The arrests are the latest in a clampdown by the city on illegal car-hiring, reports Reuters. The 21 drivers were arrested for "illegally driving a car for hire and driving without third-party risk insurance." In a pointed message to Uber, Hong Kong's chief inspector of police for the Kowloon West district said:

"I would like to stress that our law enforcement action is ongoing and we do not rule out further arrests. We would like to say to the operator of the mobile phone application, as a responsible organization, you need to ensure cars for hire are equipped with a permit as required by Hong Kong laws. This is a basic responsibility to passengers and (shows) respect for Hong Kong laws."

05.23.17 | 3 hours ago

Google’s AlphaGo AI just beat the world’s number one Go player

Thankfully, humanity has a chance to fight back as there are still two more matches to go. Until then, we will admit it's getting scary at how well software is able to not only match but beat the strategic thought processes of a human. If you have six hours to kill, you can check out the first match below.

05.23.17 | 3 hours ago

Apple and Nokia bury the hatchet and hope to team up on health

The two companies have issued a joint statement announcing they've settled the patent suit Nokia brought against Apple last year. As part of the agreement, Nokia will receive an up-front cash payment from Apple, and its line of health tech products (formerly the Withings brand) will return to Apple Store shelves. Interestingly, the statement also says the two companies will be "exploring future collaboration in digital health initiatives" but doesn't get more specific than that.

05.23.17 | 3 hours ago

Here’s the latest on the terror attack in Manchester, England

• At 10:33 p.m. local time (5:33 p.m. EDT) a suicide bomber detonated an improvised explosive device (IED) as fans were leaving an Ariana Grande concert at the Manchester Arena.

• 22 people have so far died from the attack. Children are among the fatalities.

• 59 additional people were injured and many are being treated for life threatening conditions.

• U.K. Prime Minister Theresa May has called the incident a "callous terrorist attack"

• The attack was Britain's worse since 7/7, the July 7, 2005, London bombing where 56 people were killed on public transport including the tube and buses.

• Greater Manchester Police said the attack was carried out by a lone male who died in the explosion. However, they do not yet know if he was acting alone in planning the attack. The police believe they know the attacker's name, but is withholding that information for now.

• Greater Manchester Police have confirmed they have arrested a 23-year-old man. The arrest is connected to the terror attack.

The Independent is reporting that the first confirmed victim of the attack was 18-year-old Georgina Bethany Callander. In the tweet below you can see her standing next to Ariana Grande.

• President Donald Trump has called the attacker a "loser": 

"We stand in absolute solidarity with the people of the U.K., so many beautiful young innocent people killed, living their lives [and] killed by evil losers. I won't call them monsters because they would like that term. They would think it was a great term. I will call them from now on losers. Because that's what they are—losers. We will have more of them but they are losers. Remember that."

• The vice president of the EU Commission's statement on the attack:

• Ariana Grande had this to say:

• Other major cities are stepping up security as a precautionary measure:

• Leaders around the world have expressed their condolences:

05.22.17 | 5:22 pm

Twitter picks e-sports king to lead its live business

Twitter CFO announced today that the company has hired Todd Swidler as its new "Global Head of Live Business." According to LinkedIn, Swidler was most recently CEO of the e-sports gaming company ESC Games.

Twitter is trying to become a more dominant digital player, and video is one of the company's big priorities, as CEO Jack Dorsey has repeatedly emphasized in recent months.

05.22.17 | 4:28 pm

UNHCR and Google partner on website to educate the public about Syria

Today the U.N. Refugee Agency (UNHCR) in partnership with Google announced Searching for Syria, a new website that combines Google Search trends, UNHCR data and stories, and other information to answer common questions about the Syrian refugee crisis. Questions tackle everything from what Syria was like before the war, to where refugees are going and how you can help. 

Jacqueline Fuller, vice president of says that among the top searches in Germany, France, and the U.K. last year was "What is happening in Syria?" The hope is that the website will help raise awareness about the current crisis and inform the public about what is happening and how they can help going forward.

05.22.17 | 2:49 pm

Tesla’s Elon Musk says new autopilot software is coming in June

On Sunday evening, Tesla CEO Elon Musk took to Twitter to discuss Tesla's new autopilot software, set to be released next month. According to Musk, the control algorithm in the new release is safer, but also feels "smooth as silk." June's update will also "hopefully" add perpendicular parking and rain sensors, according to his tweets.

05.22.17 | 2:29 pm

Twitter’s Jack Dorsey says he’s “kicked around” the idea of a premium subscription service

Speaking at Twitter's annual shareholder meeting in San Francisco on Monday, Dorsey said the company has considered a membership model. Here's his quote in full:

"Yeah, so this has been kicked around for quite some time. We do believe that there is a real importance that Twitter is accessible to everyone in the world no matter what their economic stature is and where they are in life, so the general case has been to make Twitter free and open. We're always talking with our customers around what could be and what they'd like to see, and this is an idea that has come up. We don't have any particular plans to announce today but we're always looking at those patterns, that feedback and understanding if it's the right thing to do for the greater Twitter audience."

05.22.17 | 11:34 am

Cargo pilots plan to protest outside Amazon’s annual shareholder meeting tomorrow

As Amazon ramps up its own logistics operations—which means the e-commerce giant is purchasing and leasing an increasing number of cargo aircrafts and crews—the pilots are seeing operational risks on the horizon. The companies Amazon contracts with—Atlas Air Worldwide Holdings (AAWW) and Air Transport Services Group (ATSG)—are seeing higher rates of attrition due to short staffing and alleged contract violations, claim the pilots. They hope their presence outside Amazon's annual meeting tomorrow will send a message to shareholders and pressure Bezos and his company to exert some influence on these cargo providers. 

05.22.17 | 11:33 am

Robocops are now patrolling the streets of Dubai 

Last year, Dubai announced that they wanted to modernize their police force. They weren't talking about new body armor, innovative handcuffs, or body cams, though, but a robot police force, which they hoped to have on the streets by 2020. Dubai beat their schedule, though, and the first robocop is on duty at the three-day Gulf Information Security Expo and Conference (GISEC). It is expected to be patrolling the streets by Wednesday, according to CNN

The Dubai Police Robot looks a lot more like a human than Silicon Valley's egg-shaped version (and hopefully it would fare better in a fight, too). In its current iteration, people can report crimes to the robot via a touchscreen on its chest, pay traffic fines, and submit paperwork, The Telegraph reports. The cop can also tip off its human coworkers to start investigations. As soon as they update its operating system, make sure its facial recognition technology is higher than its current 80% accuracy, and are confident it won't pull a Skynet, Dubai Police hope the metallic cop can start doing the hard work of chasing down suspects in the Dubai heat and making arrests.

Dubai isn't stopping there, though. To continue their reputation for being the model of a modern city, they hope to make a quarter of their police force require battery charging and system updates by 2030, according to CNN.  "We are looking to make everything smart in Dubai Police," Brigadier Khlaid Nasser Al Razouqi told Gulf News in March. "By 2030, we will have the first smart police station which won't require human employees." It makes sense, because robot cops will have an easier time keeping an eye on those flying taxis.

[Screenshot: Ruptly