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Big Revolution - When the mask slips

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Welcome to Wednesday's Big Revolution. There's a lot to share today, so let's get right on to it. – M
 
May 30 · Issue #94 · View online
Big Revolution
Welcome to Wednesday’s Big Revolution. There’s a lot to share today, so let’s get right on to it.
Martin

Big things you need to know today
- The most insane news of the crypto bubble so far: a startup called Block.one is on track to have raised $4.1bn by the end of its year-long ICO later this week. That’s despite the company not having announced what it plans to do with that cash. 🙄
- Uber has added a ‘panic button’ to its app in the US. The new feature calls the emergency services. It’s part of the company’s effort to rescue its tarnished reputation.
- Developers will soon be able to tap into Snapchat via a new ‘Snapkit,’ according to a report from TechCrunch. But will developers want to snap that offer up? Meanwhile, Snap-watchers will be keen to see Evan Spiegel open up to Kara Swisher about Facebook copying its features. But Snap will be less happy for you to hear about criticisms of its company culture.
- WhatsApp is set to launch its payments feature in India next week Bloomberg reports.
- Weird deal of the week: Poncho, the weather forecasting cat chatbot (catbot?) has been sold to… a drinks company?
The big thought
Damage control
When the mask slips
From Roseanne Barr having her show cancelled hours after she tweeted racism, to the recent storm over Elon Musk’s erratic behaviour, to Donald Trump’s seemingly off-the-cuff, grammatically-challenged presidential decrees in 280 characters – it seems Twitter is having more of an impact on the world than ever. 
Want to know what the wealthy millionaires and billionaires really think when they’ve got their guard down? Wait for their late-night, possibly sedative-influenced, tweets.
Real-world consequences of tweets are nothing new. Remember the guy who jokingly threatened to blow up an airport and ended up in court? That tweet was more than eight years ago now, but it was an early sign of things to come.
Sometimes the media storm around a tweet can be a bit much. Expect much more coverage of Roseanne’s tweets in days to come, as she tries to minimise the long-term damage to her career. Most of those stories will be unnecessary and make the whole thing seem exhausting, but there’s a plus side to all of this, too.
Most of us wouldn’t even think the kinds of racist things Roseanne has tweeted in the past, but by letting their masks slip even occasionally the wealthy and powerful are letting us know who they truly are. They’re just as flawed, messed up and stupid as the rest of us – sometimes more. And I can only see us knowing that as a net good for society.

One big read
How Anna Delvey Tricked New York’s Party People How Anna Delvey Tricked New York’s Party People
This is such a fascinating story about glamour and fraud that if it’s not a movie in a few years, I’ll be very surprised indeed.
One big tweet
Lifehack!
Alex Konrad
The birthday notifications on Facebook are a great tool for unfriending people you haven't thought about in years
5:17 PM - 29 May 2018
That’s all for today...
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