CBR: Facebook and Google “Inspired” $1.5 Trillion Dark Web Entrepreneurs. “Cybercrime revenues now rival the GDP output of major world economies at a colossal $1.5 trillion annually, according to an independent academic study published today. Surrey University’s Mike McGuire spent six months researching cybercrime profit distribution for his ‘Web of Profit’ report; speaking with GCHQ, the FBI, Europol, global financial institutions and covert security workers that have infiltrated the dark web.”
State Scoop: Former U.S. Treasury official is building a financial transparency tool for everyone. “Four years ago, Christina Ho led an effort through the U.S. Treasury Department to help Americans track the federal government’s spending of public funds. Now, she’s left government and embarked on a new project: aggregating data from the country’s more than 30,000 municipalities to help citizens shape local policy.”
Librarianship Canada: Call for Applications: Digitizing Canadian Collections Funding
. “The National Heritage Digitization Strategy (NHDS) Steering Committee today announced the launch of the Digitizing Canadian Collections funding call. Thanks to a gift from a private donor, this one-time opportunity will provide funds to organizations to digitize, make accessible, and preserve documentary heritage material of national significance. Archives, museums, libraries, universities, colleges, and other cultural heritage institutions can apply to receive funding of up to $100,000.”
Campaign Finance Institute: Introducing CFI’s Groundbreaking Database Of State Campaign Finance Laws. “The Campaign Finance Institute is pleased to release a groundbreaking new tool, ‘CFI’s Historical Database of State Campaign Finance Laws’. The database covers all of the states’ campaign finance laws every two years since 1996. It is designed for everything from interactive and visualized lookups to downloadable datasets. “
Knowledge@Wharton: Should Facebook Go Freemium?. “With Facebook under heavy fire over its handling of privacy issues and its iconic head having been grilled by Congress over two days, the company is surely groping for ways to appease critics without derailing its money-machine model. In this opinion piece, Ravi Bapna, a professor at the University of Minnesota, suggests that a two-tiered service mode — including pay-for-service — could solve a lot of the social media company’s pressing problems.”
Omaha World-Herald: Warren Buffett plans to release video archive of past shareholder meetings. “Warren Buffett plans to make public a video archive of about 20 years of past Berkshire Hathaway Inc. shareholder meetings. It’s a potential treasure trove for students, teachers and financial types interested in his ideas and history, said Louis Pol, business dean at the University of Nebraska at Omaha.”
The Hill: Liberal group launches database to track corporations’ response to tax law. “The website from Americans for Tax Fairness, called ‘Trump Tax Cut Truths,’ contains searchable data about the size of corporations’ tax cuts as well as information about bonuses, wage increases, job cuts, new investments and stock buybacks companies have planned following the law’s enactment. The database contains information about more than 800 companies.” I hesitated to include this as I try to be apolitical. But since the information is fact-based, like the size of a corporate tax cut and information on stock buybacks – I feel okay about putting it here.