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Exclusive | Visa and Mastercard Near Deal With Merchants That Would Change Rewards Landscape

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🔥 Discover this insightful post from Hacker News 📖 📂 Category: 💡 Here’s what you’ll learn: Visa V -0.28%decrease; red down pointing triangle and Mastercard MA -0.24%decrease; red down pointing triangle are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, according to people familiar with the matter.Under terms being discussed, Visa and Mastercard would lower credit-card interchange fees, which are often between 2% and 2.5%, by an average of around 0.1 percentage point over several years, the people said. They…

The mathematician who tried to convince the Catholic Church of infinity

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✨ Check out this trending post from Culture Latest 📖 📂 Category: The Big Story,Culture,Culture / Books,Book Excerpt 📌 Main takeaway: may be The laity survived at the time, but for some observers, Leo Georg Cantor's original "naive" set theory caused a revolution and revolt in mathematical circles, with some adopting his ideas and others rejecting them.Cantor was deeply disappointed by the negative reactions, of course, but not by his own ideas. Why? Because he held to the belief that he had a main line to the Absolute, that is, that his thoughts came directly from him Divine intelligence (Divine…

World Rally Championship: Japan Rally winner Sebastien Ogier reduces Elfyn Evans’ lead ahead of the Saudi Arabia final

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✨ Discover this must-read post from BBC Sport 📖 📂 Category: 💡 Here’s what you’ll learn: Evans held a 13-point lead over both Ogier and Rovanpera at the event in Toyota City.However, the Finnish driver's hopes took an early hit, taking a backseat for more than five minutes on Friday after he suffered damage to his rear suspension after colliding with a barrier.Evans started slowly, finishing sixth on the opening stage, but took back-to-back wins on Friday and a strong sequence on Saturday morning to move up to second, just 1.4 seconds behind leader Ogier.The Frenchman responded with a dominant…

The hidden mathematics of ocean waves

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🔥 Read this awesome post from WIRED 📖 📂 Category: Science,Science / Physics and Math,Mathematical Physics 💡 Key idea: In 2011, DeConinck and Oliveras simulated different perturbations at higher and higher frequencies and saw what happened to Stokes waves. As they expected, the waves persisted in disturbances above a certain frequency.But as the couple continued to increase their frequency, they suddenly began to see the devastation again. At first, Oliveras worried there was a bug in the computer program. "Part of me was like, 'This can't be true,'" she said. “But the more you dig, the more it lasts.”In fact,…

Warren Buffett talks about why book value is not enough to measure the value of a business

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🔥 Read this trending post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Warren Buffett,Business Leaders,Business ✅ Main takeaway: Key takeaways Warren Buffett has pointed out that book value can significantly miss the intrinsic value of a business. He prefers to use intrinsic value, “the discounted value of the cash that can be taken out of the company over its remaining life.” Buffett goes so far as to say: "In all cases, what is clear is that book value is meaningless as an indicator of intrinsic value." Warren Buffett has repeatedly reminded investors that book value…

Under 40’s Declining Memory – The One Percent Rule

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🚀 Read this must-read post from Hacker News 📖 📂 Category: ✅ Main takeaway: Has social media engineered the collapse of the human mind? The answer is yes, if we believe the results of a measurable scientific research of this catastrophe, which was recently published in the journal Neurology. The paper, by Ka-Ho Wong and colleagues, is a data-rich examination of 4.5 million survey responses. Its finding is that “serious difficulty concentrating, remembering, or making decisions” is no longer a fringe complaint, but a surging public health crisis.Those 4.5 million survey responses were gathered over a decade through the CDC’s…

Premier League takeaways: Sam Parkin gives his views on Saturday’s game

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🔥 Explore this insightful post from BBC Sport 📖 📂 Category: ✅ Main takeaway: Middlesbrough boss Rob Edwards has been given permission to speak to Wolves.Parkin: “I'm surprised, because I think given where he is at Luton in terms of his stock, I think it was probably, with respect, as good as he would have hoped, the Middlesbrough job. It's a really big job.“It has turned the support from being a bit stagnant to feeling really positive.“So I'm surprised in that regard, because I think the opportunity to get Middlesbrough back into the Premier League would be fantastic for him."But…

TV Tonight: The heartbreaking story of a forbidden affair during the Troubles | TV and radio

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💥 Check out this insightful post from Culture | The Guardian 📖 📂 Category: Television & radio,Culture 💡 Main takeaway: Transgressions9pm on Channel 4Lola Petticrew played Dolours Price in last year's Say Nothing, and here she is in another brilliant drama about the Troubles. Based on Louise Kennedy's hit novel, the film is a story about the forbidden relationship between two opposite lovers - or rather, a Catholic and a Protestant in 1970s Northern Ireland. Cushella (Petticrew) is a Catholic teacher who also pulls pints at her family's bar, where she meets Michael (Tom Cullen), the "posh-brood" older lawyer. Cushella…

Google, Microsoft, and Meta have stopped publishing workforce diversity data

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🚀 Discover this trending post from WIRED 📖 📂 Category: Business,Business / Big Tech,DEIncognito 📌 Key idea: Some American technology The Giants are abandoning their decade-long practice of publishing statistics on the gender and racial makeup of their workforce. Google, which helped lead the way in releasing annual diversity, equity and inclusion reports, has no plans to disclose the information this year, according to four employees familiar with the discussions internally. Microsoft and Meta also will not publish diversity reports and data this year, spokespersons for both companies confirmed to WIRED.The broad, previously unreported loss in transparency could obscure the…

Manchester City vs Liverpool: How important is the Etihad match for Premier League title hopes?

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💥 Read this awesome post from BBC Sport 📖 📂 Category: ✅ Here’s what you’ll learn: Guardiola knew that Arsenal were building a team capable of chasing the championship. He's waiting to see if they have the stamina to continue their fast start."In the last two or three years, after the process of rebuilding the club and the team, Arsenal has been there. What they are doing for two or three seasons is exceptional," Guardiola said.“But it's early November. Nobody wins the title in early November. You can lose it, but nobody wins it."I know how quickly things can change.…