Day 356

Photo by Kira auf der Heide on Unsplash

Morning Reading – Tuesday, December 22, 2020

Shigeru Miyamoto Wants to Create a Kinder World | The New Yorker

The interesting thing about interactive media is that it allows the players to engage with a problem, conjure a solution, try out that solution, and then experience the results. Then they can go back to the thinking stage and start to plan out their next move. This process of trial and error builds the interactive world in their minds. This is the true canvas on which we design—not the screen. That’s something I always keep in mind when designing games.

US credit card applications tumble | Financial Times

Demand for consumer credit in the US has fallen dramatically during the Covid-19 crisis, with credit card applications falling to multiyear lows, according to a Federal Reserve survey released on Monday.

USPS struggles to deliver mail by Christmas – The Washington Post

“No parcels are moving at all,” said one postal worker in Michigan, who spoke on the condition of anonymity because he was not authorized to comment publicly. “As bad as you think it is, it’s worse.”

Trump assembles a ragtag crew of conspiracy-minded allies in flailing bid to reverse election loss – The Washington Post

President Trump has turned to a ragtag group of conspiracy theorists, media-hungry lawyers and other political misfits in a desperate attempt to hold on to power after his election loss.

So long, 2020. We won’t miss you. – The Washington Post

I believe I speak for humankind, with few exceptions, when I say we will all be overjoyed to see the back of this awful year.

JPMorgan M&A Co-Chief Anu Aiyengar Rakes in Billions for the Bank – Bloomberg

As JPMorgan Chase & Co. searches for its first major acquisition in more than a decade, Anu Aiyengar will have a hand in shaping the giant bank’s future.

Mark Zuckerberg Has Another Answer to Bitcoin. It’s Called Diem – Bloomberg

Given Zuckerberg’s tendency to issue half-hearted apologies before going back to breaking things, it’s not surprising that he’s gearing up for a second attempt to launch Libra next year.

Investors pour $1bn into buying up small merchants on Amazon | Financial Times

Instead of trying to build new consumer-goods brands from scratch, the new ventures each plan to buy up dozens of small merchants that have already proven successful on Amazon.

Westerners Grow Wary of China Travel Over Threat of Detention – Bloomberg

Interviews with a dozen executives, diplomats, consultants and academics show many of them believe there is an increased risk in traveling to China and — since the passage of a security law in June — the financial hub of Hong Kong.

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