The 10 most important things in the world right now

Hello! Here’s what’s happening on Friday. 1. Former FBI director James Comey’s private memos have been released to Congress. Among the claims: US President Donald Trump wants to put journalists in jail for leaks, and Russia’s Vladimir Putin reportedly told Trump that Russia has the world’s most beautiful hookers. 2. North Korean leader Kim Jong Un appears to be making…

The CEO of a $67 billion bank is watching these 4 industry drivers to avoid ending up like ‘Blockbuster or Kodak’

Lloyds CEO Antonio Horta Osorio gave a speech on “The Bank of the Future” on Thursday. He said he sees four main drivers over change over the next few years: customer expectations, tech, competition, and regulation. If banks don’t pay attention to these trends, they risk becoming the next Blockbuster or Kodak, he said. LONDON — The CEO of one…

Facebook doubled its European lobbying spend to $3 billion to handle crises like fake news and terrorism (FB)

Filings show Facebook shelled out a record amount on its European lobbying operations in 2017, doubling spend to $3 billion. The company faced multiple crises last year, including the spread of fake news, terrorist content, and election interference. European officials have called on Mark Zuckerberg and other senior Facebook execs to appear before the European Parliament to explain the Cambridge…

China is obsessed with stopping jaywalkers — and is now spraying them with water

One city in China has built bollards that spray jaywalkers with water, and tell pedestrians that “Crossing is dangerous.” The system also uses facial recognition technology to capture and shame wayward walkers. Facial recognition technology is being used more frequently to target jaywalkers because of a high number of road fatalities and traffic jams. But in an increasingly strict China,…