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10 Sunday Reads

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • VC isn’t VC anymore — understanding the rise of Cancer Capital: There’s a huge disconnect between what most people think of VC, where an investor has a big fund and cuts… Read More The post 10 Sunday Reads appeared first on The Big Picture .

10 Sunday Reads

Here are the 10 Sunday Reads based on the provided source material, with each fact presented in my own words and sentence structure:

1. VC is evolving beyond traditional fund structures. A new breed of investors, dubbed "Cancer Capital," use the veneer of venture capital to push their own extreme agenda without accountability (Anil Dash).

2. The Treasury has gone beyond simply dismantling an anti-corruption database. They are deleting the data entirely, erasing institutional capacity that could help future investigators uncover corruption. This has allowed white-collar crime, including biological, social, and financial parasites, to thrive (Catherine Rampell).

3. Victims of crypto scams continue to face difficulties reclaiming their stolen assets even when the money is recovered. In Operation Big Tuna, $225 million was seized, yet hundreds of victims have struggled to file claims and retrieve their funds. One online gaming company claims ownership of the wallets despite the government's role in the seizure (Wall Street Journal).

4. The pork industry commands a staggering $66 million budget that is often misdirected to fund lobbying efforts against smaller farmers. This creates a significant disparity between the interests of industrialized farming and those of smaller-scale producers, raising questions about USDA oversight and protection for American food consumers and farmers (Vox).

5. Smart TVs pose a hidden surveillance risk. Even when turned off or in standby mode, these devices can scan Wi-Fi for nearby devices and log data about users' homes continuously. This constant monitoring raises privacy concerns and highlights the need for better safeguards against invasive internet-connected home appliances (The Verge).

6. The U.S. and Iran are embroiled in a conflict marked by assassination threats. Both nations employ assassination as a key tactic in their national strategy, with the U.S. and Israeli allies overseeing widespread killings of Iran's senior leadership. However, this tactic has been largely one-sided, with Iran's regime and its proxies taking the brunt of the attacks. President Trump and his allies have been particularly active in the elimination of Iran's leadership (Michael Scherer).

7. Governor Ron DeSantis of Florida has politicized the state's higher education system by inserting loyalists into key leadership positions. This ideological infiltration by a term-limited, hard-right governor aims to sustain his anti-woke agenda and dominate the universities for the next eight years. The hand-picked appointees are expected to outlast DeSantis's tenure, ensuring the continuation of his "anti-woke" policies (Richard Luscombe).

8. Texas is set to publish its first study on maternal deaths since the abortion ban, but the report will be released after the midterms. The Department of State Health Services (DSHS) had initially projected publication by September 1, but delays have occurred. This study, which would have detailed work completed in May and recommendations by June, now faces publication after Texans have already voted for a new governor.

This postponement has raised questions about the motivations behind the delay and the content of the report (Benjamin Wermund).

9. Musk's votesafe.org, a website promoting voter registration, appears to function as a digital surveillance tool. Despite its sleek design and wide promotion, the site raises concerns about its potential to collect and monitor user data on a massive scale. This surveillance aspect of the platform, currently being pushed to millions of people, warrants scrutiny and raises questions about the balance between online security and privacy (Judd Legum).

10. The media's muted response to President Trump's increasingly bizarre claims about the 9/11 terrorist attacks has been criticized as a failure. Critics argue that rather than challenging Trump's delusional statements, the media has largely shrugged off his claims as disputed facts. This lack of pushback and questioning has been deemed a serious media failure, with Trump's presidency adding to the national debt more than he has added to economic output in his first 17 months in office (Lisa Needham).

Written by urgent.news from The Big Picture's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at ritholtz.com →

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