Andrew Yang has some concerns about Zoom

There’s nobody quite like Andrew Yang, the erstwhile presidential phenomenon whose campaign for a universal basic income found an unlikely ally in the Trump White House—and helped lay the groundwork for direct cash payments during the pandemic. He’s a political outsider who loves to be on the inside; a tech cheerleader who worries about artificial intelligence; a progressive who’s not afraid of Joe Rogan; and now a New York City mayoral candidate who’s . . . never voted for mayor. He’s also a serial entrepreneur, with deep ties to the tech community and strong opinions about how the public and private sectors should cooperate to foster innovation. That’s one of Fast Company’ s bailiwicks too, so we decided to catch up with the father of two (and former Fast Company columnist) in New York to discuss the Great Reopening, the future of bitcoin, why Manhattan beats Miami, and the trouble with Zoom. Fast Company: Congrats on the latest poll . Were you surprised at all to be leading the field with 32%? Andrew Yang: I’m excited that New Yorkers are excited. I think a lot of people are frustrated with what’s been going on in the city this past number of months and years. We know we need a different kind of leadership. I’m thrilled that people see that we can do better for ourselves. That’s my main mission, to restart the engine of New York’s economy and get the agencies and bureaucracies functioning at a higher level. Right—the number one thing on most people’s minds right now is the reopening the economy. We’re poised for a massive rebound in economic activity, but there’s a general feeling that the guidance from the government—on schools, restaurants, where and when you can take off your mask—has been confusing and slow. I’ve talked to dozens, maybe hundreds of business owners here in New York City, small-business owners, comedy clubs, restaurants, bars—and they were very frustrated with the operating guidelines and the lack of visibility. Right now there are different restrictions in New York State as opposed to New York City, which I think made sense at a certain point during the pandemic, but it makes less and less sense now, given the expanded vaccination rates and the fact that infection rates are falling. So number one is, can you reopen your doors? Number two, can you manage all of your financial obligations, primarily rent? If you were the average bar or a restaurant, you might owe somewhere between 3 and 10 months of back rent, even if your landlord is cutting you a break in terms of your cash obligations. Read More …

The startup that saved the restaurant industry in the nick of time

Nick Kokonas, CEO of the restaurant reservations platform Tock, is meeting a handful of new employees over Zoom for the first time. The latest hires of his rapidly growing Chicago-based company are tuning in from their apartments. He’s logging in from a house in Lake Tahoe that he’s rented for a few weeks in January in an attempt to take a vacation after an extraordinarily busy year.  The plan is to welcome his employees to the company with an introductory pep talk. He’ll explain how his 6-year-old reservation system is designed to help chefs manage both their dining rooms and kitchens more efficiently. He’ll go on to tell them about the way it threw a lifeline to independent restaurants during the pandemic by allowing their kitchens to offer take out and delivery service on better terms than other platforms. And then he’ll explain how the 140-person company is now taking on some of the biggest industry players with a tech platform that gives more control to chefs and restaurateurs. He is, after all, co-owner of Chicago’s renowned Alinea restaurant, along with several other eateries in the city, and has spent the past decade and a half thinking about what a restaurant needs to survive and even thrive.  But before he begins, Kokonas wants to set one thing straight: He did not purchase the large wooden yin-yang that hangs above his head. “This is not my house. This is not my yin-yang,” he tells his new hires. “This is T. Read More …

The 10 most innovative Asia-Pacific companies of 2021

While China remains a powerhouse of innovation in Asia-Pacific—both Tencent and the Alibaba-backed cold-chain logistics startup Cainiao are on our list—companies across the region found game-changing solutions to difficult problems. South Korea’s Seegene helped the world diagnose the novel coronavirus quickly and effectively. India’s MilkMantra allowed the country’s small-scale dairy farmers to bring their products to market, while ensuring quality control. And Australia’s ProAgni has cleaned up the food chain by developing antibiotic-free supplement for cattle and sheep. Read on for more of this year’s best in Asia-Pacific. 1. Seegene For producing a COVID-19 diagnostic test and taking it global, sending more than 55 million test kits to 67 countries The biotech company built a molecular diagnostic test for the COVID-19 virus, which helped South Korea contain the virus in the spring of 2020: 80% of South Korean COVID tests taken in April were made by Seegene. As the coronavirus spread, the company went global, sending over 55 million test kits to 67 countries. 2. Milk Mantra For partnering with USAID to launch an initiative that lets small-scale dairy farmers access their payments digitally Odisha, India-based Milk Mantra sources, packages, and sells dairy products to more than 10,000 independent retailers and subscribers. The company works with farmers to process and test the milk to control product quality. This year Milk Mantra partnered with USAID to launch an initiative to let farmers access their paychecks digitally (previously, some had to travel long distances to access their finances). Milk Mantra also reduced its payment cycle to five days—from 10—to help farmers access their funds faster and avoid disrupting their operations Read More …

With this Black History Month misstep, Google forgot how racist the internet is

This February, Google made it easier for everyone to support Black businesses with its “search Black-owned near you” feature. This new feature has been heavily advertised and promoted. However, businesses and customers noticed a downside to Google’s Black History Month stunt: a surge of overwhelmingly racist reviews on business profiles. We live in a world where online reviews matter. After stock trading app Robinhood shut down Gamestop’s stock purchases, thousands of angry people took to the Google Play Store reviews section of the app. In just one day, Robinhood’s rating fell from five stars to one star and Google swept in to delete nearly 100,000 negative reviews, saying that the reviews were “inorganic.” Forbes reports that 93% of people read local reviews to make a shopping decision Read More …

5 hidden Google gems you aren’t using—yet

For a tool most of us use every day to find stuff on the web, Google has more than a few helpful tricks up its sleeve that aren’t super apparent unless you know where to look. Here are a few I’ve found recently that have saved me countless clicks, spared me visits to garishly designed apps, and generally made things a little less complicated. Order up some food There are enough food-ordering services out there that you might starve before flipping through them all to find something you want. Instead, just navigate to orderfood.google.com , and you’ll be presented with a map of nearby restaurants that offer pickup and delivery. Google pulls in listings from popular apps and services and lets you browse by category if you’re in the mood for a particular style of food. Once you’re ready to order, you can do so via a clean, easy, very Google-like interface instead of being shuttled off to a third-party app or site Read More …