There’s been quite a bit of attention paid in recent months to Donald Trump’s adult children, who’ve taken on a controversial role in their father’s transition team, making the president-elect’s conflict-of-interest problems considerably worse.
But when it comes to post-inaugural influence, it’s not just Trump’s adult kids who’ll need scrutiny; it’s also his son-in-law .
President-elect Donald Trump’s son-in-law Jared Kushner, who emerged as a key figure in the Republican’s successful 2016 campaign, will be named senior adviser to the president, the campaign announced Monday. […]
Kushner was an influential behind the scenes confidant to his father-in-law during last year’s election and has continued to be a leading voice in Trump’s transition to the White House. But a number of legal questions potentially complicate the billionaire real estate developer’s role in the incoming administration.
Transition officials insist there’s no controversy here, but there are three main angles to keep an eye on.
First, appointing Kushner to this post may not be entirely legal. Anti-nepotism laws have been on the books for decades, limiting a president’s power to appoint his relatives to powerful governmental posts. As a Washington Post report noted, it’s “not completely clear whether this law applies specifically to White House staff,” and Kushner is taking steps – including foregoing a federal salary – to help mitigate potential legal trouble.
It’s a safe bet there will be a lawsuit anyway, just as there was when then-President Clinton appointed his wife to lead a health care task force in 1993.
Second, there are the potential conflicts of interest. Kushner has said he’ll step down from his real-estate company and sell many of his assets, but as the New York Times reported , “[B]ecause he plans to sell to his brother or to a family trust controlled by his mother, some ethics lawyers interviewed questioned how meaningful the divestiture would be.”
What’s more, just last week, Kushner was working on “a deal with a major Chinese financial group with close ties to the Chinese government. The Kushner family business has done billions of dollars of business with foreign companies that threatens to complicate his role at the White House.”
Finally, presidents usually appoint senior White House advisors who have some kind of political or governmental expertise. Kushner is the 36-year-old head of his family’s real-estate company, with no relevant experience in government.
Indeed, the transition office’s press statement announcing Kushner’s role as a senior advisor to the incoming president said he’ll “work closely with Chief of Staff Reince Priebus and Chief Strategist Stephen K. Bannon to execute President-elect Trump’s agenda.” And while I’m sure they’ll try, Priebus and Bannon have as much experience in government as Kushner – which is to say, none.
We can go even further down this road. The president-elect, the first in American history to have literally no background in any kind of public service at any level, will have a chief of staff, a chief strategist, a chief counselor, and a senior advisor with a combined total of zero days of governing experience. Literally, none.
It’ll be quite an experiment in how amateurs perform in the White House.

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© Source: http://www.msnbc.com/rachel-maddow-show/trump-gives-key-white-house-post-son-law
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11:04 ET
Preview: Anti-counterfeit Pharmaceutical Packaging Market: APEJ Regional Market to Register Healthy CAGR During the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026
10:56 ET
Preview: Pharmacy Automation Systems Market: North America Projected to Dominate the Global Market Through 2026: Global Industry Analysis and Opportunity Assessment, 2016 – 2026

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January 10, 2017
— Snap, the parent company of picture messaging service Snapchat, will anchor its international headquarters in London, a move that dismisses fears of the UK’s departure from the European Union and possible shakeup the financial sector.
While several tech companies seeking to capitalize on low tax rates have chosen Ireland or Luxembourg for their international headquarters, a few have ramped up their investments in London, seeing value in the city’s booming creative hub. That’s good news for British leaders and workers, who have faced a future of financial uncertainty since the country voted to leave the EU in the controversial “Brexit” vote last June.
It is expected that 2017 will be a record year for Snap, which plans to go public after four years of developing and expanding its operations. The company has noted that the growing creative and tech centers in London could prove helpful to boosting their international efforts.
„We believe in the UK creative industries,” Claire Valoti, general manager of Snap Group in the UK, said. “The UK is where our advertising clients are, where more than 10 million daily Snapchatters are, and where we’ve already begun to hire talent. “
Snapchat, which was first released in 2012, has grown from a instant picture messaging service to an expanded social media operation, allowing users to not only communicate with one another but also to engage with news stories and advertising. It has become increasingly popular with middle- and high-school aged teens, who often opt to use the service over its more established competitors like Twitter and Facebook.
The UK headquarters will be responsible for recording both sales made in the UK and to clients outside of the US where the company has not set up a sales force.
The company already has a small staff of about 75 people in its London office, but plans to expand its base. Google, Amazon, and Facebook have all increased their investment in the area as well, with Google planning to hire 3,000 additional employees and Facebook amping up its efforts by 50 percent.
The trend brings some solace to post-Brexit London , which has proved its skilled workforce, booming advertising industry, and relatively low tax rates can still attract firms and talent in a time when markets have been disrupted by the vote. Some even speculate that EU crack downs on lower tax rates in Ireland and Luxembourg could push more companies to explore expansion options in the UK following its EU departure.
While Snapchat boasts 150 million daily users worldwide and a valuation of some $20 billion, it has yet to turn a profit, and may not be too concerned thus far about a slightly higher tax rate in London. That is expected to change in 2017, with the company forecasting revenue of as much as $1 billion. While that falls significantly behind that of Snapchat’s peer tech companies, the messaging service is growing in users at a rate some eight times that of its competitors, with 50 million of its users hailing from Europe.
This report contains material from Reuters.

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© Source: http://www.csmonitor.com/Technology/2017/0110/What-Brexit-Why-Snapchat-picked-London-for-its-new-headquarters
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Posted 5:00 a.m. today
By Liesl Nielsen, KSL.com
LAS VEGAS — It’s official. The future is here.
Seven Dreamers Laboratories, Inc. revealed the world’s first laundry-folding robot of its kind at the Consumer Electronics Show in Las Vegas, NV on Jan. 7.
The bot is called Laundroid and can both sort and fold clothes, unlike any other robot on the market.
According to Seven Dreamers, the average household of four members spends about 18,000 hours in a lifetime doing laundry and 9,000 of those hours are used sorting, folding and moving the laundry to the respective drawers and closets. In other words, most people spend about 375 days — or more than a year — doing laundry.
Laundroid wants to put an end to that.
The bot, which demonstrated its laundry-folding prowess for CES-goers Saturday, is operated with the press of a button. Load your washed and dried laundry and Laundroid will do the rest with the press of a button.
Laundroid, a large, rectangular box that looks a bit like an overgrown fridge, picks up the clothes, spreads, recognizes them, folds and sorts them automatically. When the laundry is folded, the machine’s button will turn yellow and the consumer can open up the shelves and pull out the folded clothes.
Laundroid will even separate the clothes into piles.
Laundroid operates in two modes. In the first mode, it sorts by type: the bot separates the laundry based on the type of object (shirt, pants, towel, etc.). In the second, it sorts by family member: the bot will place the clothes into a dedicated section for each individual family member.
To sort by family member, Laundroid does require the user to „register“ the clothes of each person through an app, allowing the bot to recognize whose are whose.
To sort and fold, the bot utilizes three different technologies: image analysis, artificial intelligence and robotics. It’s also connected through the Internet of Things, or the ever-growing network of everyday physical objects that have their own IP addresses and are connected to the internet.
The bot first picks up the clothes inside and uses image recognition and artificial intelligence to recognize the type of clothes. Once recognized, the bot folds the clothes with its robotic arms and places them in a specific section on a shelf.
Seven Dreamers also hopes to create a Laundroid by 2020 that, within the integration of a smart home, will be able to wash, dry, fold, sort and deliver the clothes into the respective drawers throughout the house.
Pre-sales for the Laundroid will begin in March 2017.

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© Source: http://www.wral.com/ces-2017-robots-can-now-fold-your-laundry/16419882/
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Americas
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
Asia Pacific
+65 6212 1000

Similarity rank: 7.7

Sentiment rank: 2.3

© Source: https://www.bloomberg.com/view/articles/2017-01-10/how-to-deal-with-trump-s-cabinet
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