TECH AND health care have a fraught relationship. On January 3rd Elizabeth Holmes, founder of Theranos, a startup that once epitomised the promise of combining Silicon Valley’s dynamism with a stodgy health-care market, was convicted of lying to investors about the capabilities of her firm’s blood-testing technology. Yet look beyond Theranos, which began to implode…
A TEENAGED GIRL who periodically transforms into a giant panda is the improbable star of “Turning Red”, a coming-of-age movie from Disney due out next month. The world’s biggest media company, which will celebrate its 100th birthday next year, is no adolescent. But Disney is going through some awkward changes of its own as it…
FEW COMPANIES are more emblematic of the tech-obsessed, easy-money era of the early 21st century than SoftBank, the Japanese investment conglomerate founded and run by Son Masayoshi, or Masa for short. Starting life as an obscure Japanese software distributor in 1981, it has made one debt-fuelled bet after another to become an internet firm, a…
Why the technology-industry narrative of the 2010s no longer stacks upTHERE COMES a time in every great bull market where the dreams of investors collide with changing facts on the ground. In the subprime boom it was the moment when mortgage default rates started to rise in 2006; in the dotcom bubble of 2000-01 it…
Millions of Canadians far and wide love to spend their downtime playing games online. Whether it’s at an online casino or playing…
A MESSY WORLD is great news for those whose business it is to sort through a mess. One group in particular has had a fabulous time of late. “Business demand across every market has been strong,” beams Elliott Portnoy, chief executive of Dentons, the world’s fourth-biggest law firm by revenues. In 2021 Dentons, a product…
PAUL IS STRUMMING his guitar in a studio in London. George yawns and Ringo looks on listlessly. John is late, as usual. Suddenly, magic. A melody starts to take shape; George joins in on his guitar; Ringo claps out a beat. By the time John arrives, The Beatles’ next single, “Get Back”, is thrillingly recognisable.Listen…
Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the element.2021 HAS brought mixed blessings for business. American tech giants thrived while Chinese ones suffered (chart 1). Chip firms couldn’t keep up with soaring demand (chart 2), helping snarl up supply chains. Wall Street rainmakers have been…
Will it work better than it did a decade ago?IN 2013 THE EU launched an ambitious project. The aim was to double the share of microchips made in Europe to 20% of the global total by 2020. Nearly a decade later it remains stubbornly stuck at 10%. If that were not bad enough, Europe no…
Complex labour laws, organised labour, pricey workers and stingy consumers all play a partDELIVERY HERO has had a good run in the past couple of years. In August 2020 it ascended to the DAX, the stockmarket index of Germany’s most valuable listed firms. It is present in 50 countries on four continents. Revenue for the…
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