Subject: We can't remember the world before iPhones, either
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 29 Jun 2017 05:31:11 -0400 (EDT)

A daily digest of opinions and analysis

Put Down Your Smartphone and Appreciate Its Genius

Happy birthday, iPhone! Apple introduced the gadget 10 years ago, and since then it’s reshaped mining, manufacturing, music, and perhaps even how we think. Tyler Cowen looks back on a decade of revolutionary change that we mostly take for granted.

Don't Want Cyberattacks? Move to the Cloud

Tech giveth, and tech taketh away: For proof, just consider the latest international malware attack, which should really motivate businesses to get their security act together. Elaine Ou explains why cloud computing services — which have yet to suffer a single known breach, despite handling massive amounts of data — offer a new approach to old-school data security.

The U.S. Will Pay a Price for Trump’s Global Unpopularity

The latest Pew poll of global attitudes gives American president a 22 percent confidence rating, and the mood seems especially dark among U.S. treaty allies. James Gibney warns that gives foreign leaders a major incentive to thumb their nose at U.S. demands and entreaties.

Merkel’s Gay Rights Pivot Is Smart Politics in Germany

Germany’s Christian Democratic Union has long opposed gay marriage, but its leader, Chancellor Angela Merkel, is finally opening the door to same-sex unions — and outflanking her foes in the process. For Leonid Bershidsky, the move shows Merkel as a deft politician with a subtly progressive bent.

Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.

Ritholtz’s Reads

No investor is fully passive (Morningstar)

The economic origins of the populist surge (Financial Times)

The amount of work that once bought an hour of light now buys 51 years of it (Washington Post)

(Read Barry Ritholtz’s full daily news roundup here.)

Bloomberg Gadfly

The short life of the oil short squeeze

Banks have hefty payouts, if not hefty growth

Debt-trading death by a thousand boring days

(Read more from BV’s sister site for fast business commentary.)

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