Cristian

“The Halifax-Bank of Scotland merger brought to an end the greatest wave of consolidation in British banking history, wholly reshaping the industry in just a few years. It had begun with NatWest bidding for Legal & General; that caused the Bank of Scotland to make a surprise hostile bid for NatWest which it lost to Royal Bank of Scotland. In the meantime Lloyds bid for Abbey National which then approached Bank of Scotland – which merged with Halifax. It seemed like a great game of musical chairs, with Lloyds, which had earlier lost Midland to HSBC, the one left out.”
― Ivan Fallon, Black Horse Ride: The Inside Story of Lloyds and the Banking Crisis

“The more you sweat in training, the less you bleed in war.”
― David Robinson, The Substance of Leadership: A Practical Framework for Effectively Leading a High-Performing Team

“Perhaps, very soon, we will learn that Iranian and Russian trolls are bouncing the president’s messages around social media echo chambers. But even if they are, they are getting drowned out by real Americans. If the goal of Putin’s 2016 interference was to sow chaos and undermine democracy, then what is now playing out is beyond his wildest dreams.”
― Nicole Perlroth, This Is How They Tell Me the World Ends: The Cyberweapons Arms Race

“One probable near-term outcome of AI and a through-line in all three of the scenarios is the emergence of what I’ll call a “personal data record,” or PDR. This is a single unifying ledger that includes all of the data we create as a result of our digital usage (think internet and mobile phones), but it would also include other sources of information: our school and work histories (diplomas, previous and current employers); our legal records (marriages, divorces, arrests); our financial records (home mortgages, credit scores, loans, taxes); travel (countries visited, visas); dating history (online apps); health (electronic health records, genetic screening results, exercise habits); and shopping history (online retailers, in-store coupon use). In China, a PDR would also include all the social credit score data described in the last chapter.”
― Amy Webb, The Big Nine: How the Tech Titans and Their Thinking Machines Could Warp Humanity