Spend Matters Afternoon Coffee

Webinar tomorrow!
Pierce the Veil – How to Use Market Pricing for Services Spend Intelligence -- Historically speaking, even though procurement has been one of the least analytical and data-driven professions, it should be amongst the most. While many procurement departments may be well-versed in how to use commodity price indices for better insight into sourcing and suppliers, the market pricing of services spend has remained hidden behind a veil of complexity, confusion and isolation.

Let's make a deal.
From Spending to Cuts, While the Economy Stalls -- The nation's political leaders agreed on Sunday to spend and invest less money in the American economy, a step that economists said risks the reversal of a faltering recovery, in the hope of improving the nation's long-term prosperity.

That's one solution, I suppose...
Foxconn to replace workers with 1 million robots in 3 years -- Taiwanese technology giant Foxconn will replace some of its workers with 1 million robots in three years to cut rising labor expenses and improve efficiency, said Terry Gou, founder and chairman of the company, late Friday. The robots will be used to do simple and routine work such as spraying, welding and assembling which are now mainly conducted by workers, said Gou at a workers' dance party Friday night.

Taking matters into their own hands.
Japanese Find Radioactivity on Their Own -- So starting in April, Mrs. Okoshi began using her dosimeter to check nearby forest roads and rice paddies. What she found was startling. Near one sewage ditch, the meter beeped wildly, and the screen read 67 microsieverts per hour, a potentially harmful level. Mrs. Okoshi and a cousin who lives nearby worked up the courage to confront elected officials, who did not respond, confirming their worry that the government was not doing its job.

Scary software.
Face-ID Tools Pose New Risk -- As Internet giants Facebook Inc. and Google Inc. race to expand their facial-recognition abilities, new research shows how powerful, and potentially detrimental to privacy, these tools have become. Armed with nothing but a snapshot, researchers at Carnegie Mellon University in Pittsburgh successfully identified about one-third of the people they tested, using a powerful facial-recognition technology recently acquired by Google.

- Sheena Moore

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