Tag: business brokerages

The principal value of a business broker is to act as a buffer between the buyer and the seller

COVID-19 was a disaster for organ transplants. Here’s how they’re recovering

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Organ transplants in the United States have been increasing over the last several years. In 2019, transplants from deceased donors rose by 10% while living donors increased by 7%. The growing system combines education, technological advances, various research, and public policy work to save lives off the 100,000-person waitlist. While kidneys are the top organ in transplant numbers, other key organs transplanted in America include the liver, heart, and lungs. The transplant community has been working together for years to increase organ donations for those in need. Experts say that deceased donors alone will not resolve the waitlist. Organizations like the American Kidney Fund (AKF), among other things, work to get rid of kidney disease in the first place. They provide education and access to resources to help make it easier, and encourage living donors to save a life. As a kidney donor myself, I can confirm that multiple organizations work hard to make organ donation a safe and rewarding experience. Despite the progress in recent years, more living donors are necessary. Especially now. Beginning in late March of last year as the COVID-19 pandemic swept the U.S., the country’s transplant system came to a screeching halt. Deceased donor donations dropped by 50% and living donor donations dropped by 90%. “The pandemic caught everybody off guard,” says Dr. David Klassen, chief medical officer at United Networks for Organ Sharing (UNOS). “Nobody really saw it coming. Transplant is really a collaborative process by nature.” In order for a surgery to be successful it requires both the transplant center and the donor hospital to be fully operational and functional, along with the organ procurement team for deceased donor organs; potential recipients and donors also have to have access to healthcare. Not only did COVID-19 affect all these groups individually, but it only takes one of them with a problem to disrupt the entire system. Waves of impact Once the pandemic hit, healthcare resources had to pivot Read More …

AI promises to make life easier. But it could also change what it means to be human

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The history of humans’ use of technology has always been a history of coevolution. Philosophers from Rousseau to Heidegger to Carl Schmitt have argued that technology is never a neutral tool for achieving human ends. Technological innovations—from the most rudimentary to the most sophisticated— reshape people as they use these innovations to control their environment. Artificial intelligence is a new and powerful tool, and it, too, is altering humanity. Writing and, later, the printing press made it possible to carefully record history and easily disseminate knowledge, but it eliminated centuries-old traditions of oral storytelling . Ubiquitous digital and phone cameras have changed how people experience and perceive events . Widely available GPS systems have meant that drivers rarely get lost, but a reliance on them has also atrophied their native capacity to orient themselves Read More …

‘This is bigger than just Timnit’: How Google tried to silence a critic and ignited a movement

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Timnit Gebru—a giant in the world of AI and then co-lead of Google’s AI ethics team—was pushed out of her job in December. Gebru had been fighting with the company over a research paper that she’d coauthored, which explored the risks of the AI models that the search giant uses to power its core products—the models are involved in almost every English query on Google , for instance. The paper called out the potential biases (racial, gender, Western, and more) of these language models, as well as the outsize carbon emissions required to compute them. Google wanted the paper retracted, or any Google-affiliated authors’ names taken off; Gebru said she would do so if Google would engage in a conversation about the decision. Instead, her team was told that she had resigned. After the company abruptly announced Gebru’s departure, Google AI chief Jeff Dean insinuated that her work was not up to snuff—despite Gebru’s credentials and history of groundbreaking research . The backlash was immediate. Thousands of Googlers and outside researchers leaped to her defense and charged Google with attempting to marginalize its critics , particularly those from underrepresented backgrounds. A champion of diversity and equity in the AI field, Gebru is a Black woman and was one of the few in Google’s research organization. “It wasn’t enough that they created a hostile work environment for people like me [and are building] products that are explicitly harmful to people in our community. It’s not enough that they don’t listen when you say something,” Gebru says. “Then they try to silence your scientific voice.” In the aftermath, Alphabet CEO Sundar Pichai pledged an investigation; the results were not publicly released, but a leaked email recently revealed that the company plans to change its research publishing process, tie executive compensation to diversity numbers, and institute a more stringent process for “sensitive employee exits.” In addition, the company appointed engineering VP Marian Croak to oversee the AI ethics team and report to Dean Read More …

If DoorDash wins, what do we lose?

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In the first-ever season of Sesame Street , in 1970, cast member Bob McGrath appeared in a memorable sketch where he receives a delivery from his local grocer, a grumpy blue muppet. “Did you get everything I ordered?” McGrath asks. “No,” comes the reply, but he’s helpfully supplemented the delivery with other fresh veggies. McGrath breaks into song, a version of the now iconic “People in Your Neighborhood,” to explain to kids the role a grocer plays in the community. The grocer is the bearer of sustenance. A few weeks ago, during Super Bowl LV, “People in Your Neighborhood” got remixed into an anthem for the app-based delivery platform DoorDash to signal to the world that it is expanding from restaurants to convenience and grocery. In a crisp 60 seconds, a tap dancing Daveed Diggs ( Hamilton )—directed by French auteur Michel Gondry ( Eternal Sunshine of the Spotless Mind )—wanders through a hyperrealized Sesame Street urbanscape with Big Bird, Elmo, and Super Grover, pointing out all the great local businesses. His message: Your neighborhood is a bounty of bakeries, grocery stores, restaurants, and smoothie stalls. And in 2021, DoorDash is the bearer of sustenance. For DoorDash, its Super Bowl bet paid off. It informed tens of millions of viewers that DoorDash could bring them everything from both “big shops and mom and pops,” as Diggs crooned. It told investors that the company had a strategic plan to live up to and grow into its lofty valuation. Finally, it put a happy face on what’s a highly challenging, cutthroat business which has yet to produce a successful company built to last. The ad may have cost somewhere north of $10 million to produce and air, including a $1 million donation to Sesame Workshop, but DoorDash’s market cap increased by $10 billion, to more than $65 billion, in the 10 days after the ad debuted. For almost all of DoorDash’s seven-plus years, two things about the company have been true: It has aspired to be a logistics company that did more than restaurant delivery—one of the first articles ever written about the startup, in March 2014, was headlined ‘DoorDash enters food-delivery fray with much grander ambitions’—and it’s been controversial as it’s pursued those dreams. It has been accused of “ swiping “delivery driver tips, and restaurants have sued it for listing their eateries on its platform without their consent. DoorDash has also fielded complaints from the restaurants it aims to serve for taking too fat a slice of their revenues. Finally, it took part in a $200 million-plus campaign last year to convince Californians to legalize the use of contract labor in delivery, via ballot Proposition 22, thereby preventing workers from attaining the protections that come with employee status. So when DoorDash went public just over two months ago and stock-market investors bid the company’s shares up to 92% higher than its IPO price on its first day, the fervor, which valued the company almost four-times higher than its last private fundraising in June 2020, only further stoked the debate around DoorDash. Read More …

Why security experts were blindsided by the SolarWinds attack

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The SolarWinds cyberattack on U.S. government agencies and private organizations was and is frightening in its scale and success. It proved no match for the government agencies charged with defending against such things, and brought into sharp focus the fact that the government’s current model for responding to cyberthreats is lacking. The Senate Intelligence Committee hosted some of the main players in the SolarWinds saga Tuesday for some soul-searching on how the government and private tech companies should work together to stop future attacks. Some of the main themes discussed in the hearing are likely to end up in new cybersecurity legislation this year, a Congressional source told me. SolarWinds is the name of the Texas-based company whose IT management software is used by many government agencies and large corporations. Back in March 2020, the attackers—widely thought to be employed by Russia’s Foreign Intelligence Service—first planted malware in the SolarWinds system that sends updates to all its clients. When government agencies installed the update, they installed the malware, too. The attack was finally reported in December 2020 by the private security firm FireEye, and then only because the firm discovered its own systems had been infected. The SolarWinds attack was novel, in that it targeted both government and private-sector entities, and for its use of a government supplier (SolarWinds) as a Trojan horse to gain access to government agency systems. The white hats (security good guys) were not ready for this roundabout way of attacking. During the hearing, SolarWinds CEO Sudhakar Ramakrishna said the security community knows how to defend against direct attacks on networks and spear-phishing attacks in which hackers pose as a trusted party and try to trick employees of the target company into giving up their network credentials. Security experts have less experience with attacks that exploit a private-sector supplier of software to the government to gain entry. It’s hard for the eventual target organization—in this case government agencies and corporations—to see that kind of attack coming. The attackers attached malware to an update to SolarWinds’ Orion software. When the company’s clients—18,000 of them—installed the update, they also installed the malware. The attackers are thought to have penetrated the systems of 100 private companies and 11 government agencies, including the Departments of State, Energy, Homeland Security, and Treasury, and the National Nuclear Security Administration Read More …