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Business: A Dirty Word in Media?
Tom Glocer was the chief executive officer of Thomson Reuters, a leading global source of intelligent information for businesses and decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets.
Glocer originally joined Reuters Group in 1993 as vice president and deputy counsel of Reuters America and has held a number of senior leadership positions at Reuters, including President of Reuters LatAm and Reuters America, before being named CEO of Reuters Group PLC in July 2001, where he later oversaw the company's merger with the Thomson Corporation.
Glocer is on the board of Merck & Co., Inc., and serves as a member of the Council on Foreign Relations, the International Business Council of the World Economic Forum, the International Advisory Board of British American Business Inc., and various other corporate and philanthropic organizations. Glocer holds a bachelor's degree in political science from Columbia University and a J.D. from Yale Law School. You can read his blog at www.tomglocer.com.
Tom Glocer: I think journalists should be well paid. By and large these are very clever, trained professionals who work hard to produce quality content. My issue has never been with journalism or with journalists. It’s how does the current economic model, which is based on holding on to something that was brilliant and easy for generations, but suddenly turned and is no longer that easy, by which I mean: think of the basic model that producing a newspaper today is built on. You chop down a tree somewhere in Canada or in Finland. You haul it out to a port. You put it on a boat. You ship it over to a paper plant somewhere. You converted it to wood pulp. You create this huge paper rolls. Those get taken to a printing plant. That day’s newspaper gets printed on it. It gets distributed to people like me who read it as much cover-to-cover as I can. Others who get it in front of their door rushing out of a hotel room and throw it in the bin. And then it’s all recycled again.
If you’re going to invent what will be an efficient substrate to publish on, would you ever come up with something that is both so environmentally and economically inefficient? If I could give you instead a flexible, plastic, reusable printing device which you can carry around with you just as conveniently as a newspaper but which would refresh overnight with not one but as many old style papers as you wanted. But you didn’t have to turn to A13 to get the jump, but you could just scroll down with a finger, and what would have been on page A13 would fly to the front page.
That’s a very good user experience, and guess what, if I could also now search classifieds, which is something that seriously disrupted the newspaper model, but once I reunite electronic with what we thought of as paper, well hey, maybe the newspaper model comes back to working.
I always ask myself the question, “Can you abstract from the technology of the day?“ What we call paper at one point was animal skin, then it was papyrus, and yes for a very long time it’s been wood paper pulp based. But that doesn’t mean what we think of as paper for the next 500 years has to be built on that process.
That’s the part that I find so remarkable. That these wonderful institutions full of very clever people insist that journalism dies, and maybe the democracy dies, if they can’t print on trees anymore. I just fundamentally don’t buy that.
Recorded on: May 29 2009.
CEO of Thomson Reuters, Tom Glocer, disputes that journalism is dead.
Sallie Krawcheck and Bob Kulhan will be talking money, jobs, and how the pandemic will disproportionally affect women's finances.
Health officials in China reported that a man was infected with bubonic plague, the infectious disease that caused the Black Death.
- The case was reported in the city of Bayannur, which has issued a level-three plague prevention warning.
- Modern antibiotics can effectively treat bubonic plague, which spreads mainly by fleas.
- Chinese health officials are also monitoring a newly discovered type of swine flu that has the potential to develop into a pandemic virus.
Bacteria under microscope
needpix.com<p>Today, bubonic plague can be treated effectively with antibiotics.</p><p style="margin-left: 20px;">"Unlike in the 14th century, we now have an understanding of how this disease is transmitted," Dr. Shanthi Kappagoda, an infectious disease physician at Stanford Health Care, told <a href="https://www.healthline.com/health-news/seriously-dont-worry-about-the-plague#Heres-how-the-plague-spreads" target="_blank">Healthline</a>. "We know how to prevent it — avoid handling sick or dead animals in areas where there is transmission. We are also able to treat patients who are infected with effective antibiotics, and can give antibiotics to people who may have been exposed to the bacteria [and] prevent them [from] getting sick."</p>
This plague patient is displaying a swollen, ruptured inguinal lymph node, or buboe.
Centers for Disease Control and Prevention<p>Still, hundreds of people develop bubonic plague every year. In the U.S., a handful of cases occur annually, particularly in New Mexico, Arizona and Colorado, <a href="https://www.cdc.gov/plague/faq/index.html" target="_blank">where habitats allow the bacteria to spread more easily among wild rodent populations</a>. But these cases are very rare, mainly because you need to be in close contact with rodents in order to get infected. And though plague can spread from human to human, this <a href="https://www.healthline.com/health-news/seriously-dont-worry-about-the-plague#Heres-how-the-plague-spreads" target="_blank">only occurs with pneumonic plague</a>, and transmission is also rare.</p>
A new swine flu in China<p>Last week, researchers in China also reported another public health concern: a new virus that has "all the essential hallmarks" of a pandemic virus.<br></p><p>In a paper published in the <a href="https://www.pnas.org/content/early/2020/06/23/1921186117" target="_blank">Proceedings of the National Academy of Sciences</a>, researchers say the virus was discovered in pigs in China, and it descended from the H1N1 virus, commonly called "swine flu." That virus was able to transmit from human to human, and it killed an estimated 151,700 to 575,400 people worldwide from 2009 to 2010, according to the Centers for Disease Control and Prevention.</p>There's no evidence showing that the new virus can spread from person to person. But the researchers did find that 10 percent of swine workers had been infected by the virus, called G4 reassortant EA H1N1. This level of infectivity raises concerns, because it "greatly enhances the opportunity for virus adaptation in humans and raises concerns for the possible generation of pandemic viruses," the researchers wrote.
The word "learning" opens up space for more people, places, and ideas.
- The terms 'education' and 'learning' are often used interchangeably, but there is a cultural connotation to the former that can be limiting. Education naturally links to schooling, which is only one form of learning.
- Gregg Behr, founder and co-chair of Remake Learning, believes that this small word shift opens up the possibilities in terms of how and where learning can happen. It also becomes a more inclusive practice, welcoming in a larger, more diverse group of thinkers.
- Post-COVID, the way we think about what learning looks like will inevitably change, so it's crucial to adjust and begin building the necessary support systems today.
Scientists uncovered the secrets of what drove some of the world's last remaining woolly mammoths to extinction.
Every summer, children on the Alaskan island of St Paul cool down in Lake Hill, a crater lake in an extinct volcano – unaware of the mysteries that lie beneath.
The coronavirus pandemic has brought out the perception of selfishness among many.
- Selfish behavior has been analyzed by philosophers and psychologists for centuries.
- New research shows people may be wired for altruistic behavior and get more benefits from it.
- Times of crisis tend to increase self-centered acts.