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In the News 30.09.15 : Today’s Articles of Interest from around the Internets

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In the News 30.09.15 : Today’s Articles of Interest from around the Internets

Photo by Making Magique

How the Banks Ignored the Lessons of the Crash

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Ask people where they were on 9/11, and most have a memory to share. Ask where they were when Lehman Brothers collapsed, and many will struggle even to remember the correct year. The 158-year-old Wall Street bank filed for bankruptcy on 15 September 2008. As the news broke, insiders experienced an atmosphere of unprecedented panic. One former investment banker recalled: “I thought: so this is what the threat of war must feel like. I remember looking out of the window and seeing the buses drive by. People everywhere going through a normal working day – or so they thought. I realised: they have no idea. I called my father from the office to tell him to transfer all his savings to a safer bank. Going home that day, I was genuinely terrified.”

Read the rest of this article at The Guardian

Ina Garten Does It Herself

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Throughout her thirty-seven-year career in food, Ina has remained remarkably unchanged in both concept and presentation, with her bangs ‘n bob, and her cute, untucked, custom-made button-front shirts that are literally the only tops she wears. The only time I have seen her forehead is in a black-and-white picture from her wedding day. Her veil is pushed back and she is smiling, her husband Jeffrey is laughing and in uniform, and they are cutting what looks like a quite inedible three-tiered cake.

But even as she has stood all these decades stirring and paring, laughing and cocktailing, her hair, nails, skin — all the exposed human parts — each has become more coddled and elegant and more content. Her hair has reached peak spectacularity, it shines with under-color and moves with glory; her manicure is impeccable; the skin of her face is hydrated and lush. She looks flush, in a way that she didn’t when she started out marketing ideas of comfort and contentment and wealth. She laughs constantly.

And while many might think of her career as being a person who appears on television, she is rather a cookbook writer, one who happens to appear on the Food Network to service the audience for her cookbooks. The show, Barefoot Contessa, takes up small bits of her life, maybe six weeks a year total in two chunks. “My business is cookbooks, and TV is really good for supporting that,” Ina told me; to date, she has 10,600,000 of them in print. Her most recent, 2014’s Make It Ahead: A Barefoot Contessa Cookbook, which is basically about how to not have to spend precious moments cooking during a romantic New Year’s Eve in Paris, had a print run of 1.4 million.

Read the rest of this article at Eater

Thought Process: Building an Artificial Brain

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Paul Allen has been waiting for the emergence of intelligent machines for a very long time. As a young boy, Allen spent much of his time in the library reading science-fiction novels in which robots manage our homes, perform surgery and fly around saving lives like superheroes. In his imagination, these beings would live among us, serving as our advisers, companions and friends.

Now 62 and worth an estimated $17.7 billion, the Microsoft co-founder is using his wealth to back two separate philanthropic research efforts at the intersection of neuroscience and artificial intelligence that he hopes will hasten that future.

Read the rest of this article at The Washington Post

Donald Trump Is Not Going Anywhere

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‘I don’t worry about anything,’’ Donald J. Trump told me aboard his 757 as we were flying to the recent Republican debate at the Ronald Reagan Presidential Library in Simi Valley, Calif. He was dividing his attention between the bricksize slice of red­velvet cake he was annihilating and the CNN commentator on the 57­inch television who at that moment was talking about Trump, as most commentators have been at pretty much every moment for the last three months. The commentator, Dylan Byers, was saying that Trump now ran the risk of ‘‘jumping the shark’’ because voters were becoming so familiar with his act. ‘‘Nah,’’ Trump said, smirking at the screen. As the real estate and reality­­ show tycoon sees things, this is all win­win for him. Peggy Noonan of The Wall Street Journal wrote something to this effect recently, Trump told me, explaining that even if he loses, ‘‘he goes back to being Donald Trump, but even bigger.’’

Read the rest of this article at The New York Times

Made in Brooklyn: the New York Borough that Became a Global Brand

With all the hype around brand Brooklyn, is it in danger of losing what made it special in the first place?

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When Steve Hindy decided to name his craft brewery business after a local newspaper, he was warned against it. “When I came here, Brooklyn didn’t have such a great image and a lot of people, many of whom were my investors, questioned naming it Brooklyn, as they were not sure it would play outside of New York.”

Milton Glaser, the man behind the famous I [heart] NY logo, suggested, simply Brooklyn Brewery and was hired to create the brewery’s logo. Almost three decades on, the brewery, with its hoppy flagship lager, is the ninth largest craft brewer in the US, shipped to 30 countries and in the vanguard of businesses reviving manufacturing in Brooklyn.

“Brooklyn is an incredibly diverse place and has become a mecca for the creative class in America. Go to just about any city in the world now and people will show you their Brooklyn-like neighbourhood,” says Hindy. “And I think that is one reason why our beer has been successful as an international brand because of what’s happened here in Brooklyn and we are very much identified with that.”

Read the rest of this article at The Guardian

P.S. previous articles & more by P.F.M.