Facebook co-founder Chris Hughes says the 1 percent should give cash to working people
- In his new book, he argues that a guaranteed income for people in the U.S. could be financed by the one percent — a group that includes Hughes himself.
- On the new podcast, Hughes explained how his proposal for guaranteed income — $500 a month for everyone making $50,000 or less per year — differs from the more commonly discussed concept of universal basic income.
- The EITC already gives money to low-income people, but whether you’re eligible and how much you get can vary wildly depending on your age, location, marital status and many other factors, Hughes said.
- Even a couple hundred dollars could make a huge difference for people with no savings living paycheck to paycheck, who might not know how many hours they’ll be able to work next week, he explained.
'Star Wars' director says Kylo Ren and Rey touching hands in 'The Last Jedi' is the closet thing to a sex scene that 'Star Wars' will ever have
- In one of the movie's most memorable scenes, Rey and Kylo Ren are able to communicate with one another from across the galaxy through the Force.
- They're able to see each other and their surroundings.
- Rey then reaches out to hold Kylo Ren's hand.
- He removes his glove and feels her touch through the Force.
- The crowd erupted in laughter.
- Mark Hamill, who plays Luke Skywalker, made a special appearance during Johnson's talk at SXSW.
- He lamented that even Luke didn't get to hold hands with a romantic partner.
'Black Panther' hits $1 billion globally
- Chadwick Boseman in a scene from Marvel Studios’ ”Black Panther.” Marvel Studios Disney's megahit "Black Panther" has passed the $1 billion mark at the global box office.
- The studio said Saturday that the milestone is based on Disney's estimate of ticket sales.
- The announcement comes on the 26th day of release for the blockbuster.
- The movie is directed by Ryan Coogler and stars Chadwick Boseman and Michael B.
You can get some 'Mario Kart' in Google Maps starting today
- In simple terms, "Mario Mode" changes Google Maps' blue navigation arrow to a go-kart from the "Mario Kart" games.
- Starting today, Google Maps users can unlock the feature by clicking the question mark box at the bottom right corner of the Directions screen.
- From there, just click "Let's-a go!" and it's Mario time.
- The gimmick was announced as a celebration for March 10, named "Mario Day," because "MAR10" looks a little like the word "Mario" when written down.
- Google Maps confirmed via its official Twitter account that the feature will be available for a full week, so users can activate (or deactivate) "Mario Mode" at any time between now and March 16.
- The Japanese game company is currently working on "Mario Kart Tour," the first time the series will appear on smartphones.
- Get the latest Google stock price here.
Australia's Tax Office Targets Bitcoin Investors
- The ATO (Australian Tax Office) is tightening up in attempts to close loopholes in investments in cryptocurrencies like bitcoin.
- Cryptocurrency will be one area going under close attention, alongside work expenses and incorrect claims.
- Mark Chapman, H&R Block’s director of tax communications told reporters that these were areas that had seen “systemic abuse”, costing the budget over $2.5b a year.
- The document outlines that whilst cryptocurrency (specifically Bitcoin) is not seen as money or foreign currency, it is viewed as an asset subject to capital gains tax.
- There has been a range of cryptocurrency developments in Australia recently.
- Australia might not be alone in moving to tighten control of cryptocurrency taxes.
- A recent report found that 0.04% of US cryptocurrency users are paying taxes.
- With statistics like these beginning to appear, we may see authorities around the world look to tighten tax control.
From Harvey Weinstein to Mark Wahlberg, Jimmy Kimmel didn't pull punches in his Oscars opening
- From the best picture blunder that ended last year's show, to the recent #MeToo Movement, there was a lot to cover in the opening monologue.
- But Kimmel's juicy material came when talked about Harvey Weinstein being kicked out of the Academy following the dozens of sexual misconduct allegations against him, and the wave of allegations against other powerful men in the industry after that.
- Kimmel actually used a giant statue of the Oscar award on the stage next to him as a example of how men in Hollywood should act going forward.
- Kimmel then addressed the pay gap controversy surrounding the movie "All the Money in the World," in which it was reported Mark Wahlberg made much, much more than his costar Michelle Williams while doing reshoots of the movie after Kevin Spacey was replaced by Christopher Plummer (who is nominated for best supporting actor).
Uber’s hosting its flying taxi-focused Elevate Summit for a second year
- Uber will talk about flying taxis, autonomous aerial transport and everything in between, in an industry event designed to bring together stakeholder on the subject in one place.
- The event fill feature a ton of speakers working on making aerial personal urban transit a thing, including a whole host of folks (there seem to be a lot more focused on the subject internally than I remember).
- So far, the entire programme consists of Uber internal folks, including ex-NASA engineer Mark Moore and its related policy lead Justin Erlich (who spoke to Megan Rose Dickey for TC earlier this month).
- Uber’s probably also going to have a host of academics and external aircraft experts on hand, and the subject is gaining steam industry-wide, so it could end up being one of the more interesting agendas of the year in terms of tech conferences.