1) Credit Suisse Said to Begin Sale of US Asset Management Arm.
According to reports, Credit Suisse will begin selling US asset management departments.
2) Microsoftml2’s remote-work-friendly CEO puts his finger on the big problem with working from home.
Microsoft is friendly to remote work, but he said there is another big problem.
Microsoft CEO Satya Nadella said workers and their bosses continue to disagree over their respective at-home productivity levels.
He said employees and their managers have different opinions on the productivity of working at home.
3) The US economy falling into recession within the next 12 months is a virtual certainty, according to the latest Bloomberg Economic forecast model released on Monday.
According to the latest Bloomberg economic forecast released on Monday, the US economic recession in the next 12 months is almost certain.
4) BTS will take a break as its members serve in the Korean military.
Korean BTS members will be enlisted and performing suspended.
5) A small modification allowed Tesla Model S to travel 1,600 miles without charging.
Someone made a small modification to the Tesla Model S, which can travel 1,600 miles without going to the charging station.
6) Government Scientists Make Breakthrough in Recycling Plastics That End Up In Landfills.
Scientists have made breakthroughs in plastic recycling and processing.
A new study published in Science on Thursday details a new process that could allow us to recycle these plastics that typically end up as waste that will take hundreds of years to degrade.
Science magazine published on Thursday an article about a new plastic recycling technology; usually plastics take hundreds of years to degrade.
7) Nigerian banking-as-a-service platform Maplerad raises $6M, led by Peter Thiel’s Valar Ventures.
Nigerian bank as a service platform Maplerad raised $6 million in financing, led by Pate Hill.
Banking-as-a-service platforms have become popular because large, incumbent banks have been relatively slow to bring their services up to speed with the pace of change in the world of tech and banking.
Banking as a service platform is popular because existing large banks cannot keep up with the changes in the technology and banking industry.
