THE RUSH from Russia was unlike anything in recent memory. Within days of Vladimir Putin’s invasion of Ukraine, American companies from Apple to Exxon Mobil suspended their business in Russia or said they would abandon it. Companies with factories and other assets in the country are now mulling ways to fend off possible expropriation. American…
Lily White
CALLS FOR the oil business to decarbonise are growing louder just about everywhere, and not merely from governments and environmentalists. Moody’s, a rating agency, reckons that half of the $1.8trn of global energy debt that it evaluates is held by asset managers and insurers that face increasing pressure on environmental, social and governance (ESG) fronts,…
In this fast-moving world, the use of applications is increasing at a very fast rate and with the ease of internet access,…
YOU HAVE to hand it to Mark Zuckerberg. When the founder of Facebook announced in October that he was changing the name of the social-media network’s parent company to Meta Platforms in order to help create an alternative digital reality known as the metaverse, he was mercilessly mocked. To some, he was generating a smokescreen…
HOW MUCH have you spent on the cloud today? It takes Robert Hodges only a few clicks to find out. He pulls up a dashboard on a computer in his home office in Berkeley, California, which shows cloud spending at his database firm, Altinity, in real time. The cloud represents half of Altinity’s total costs.Listen…
FATHER CHRISTMAS and the global container-shipping industry have similar objectives, though the timescales differ. Santa’s world-spanning logistics operation aims to deliver presents all in one night. Shipping firms step theirs up around September to ensure that gifts and other seasonal goods join a vast global supply chain. But a system that usually operates unnoticed (and…
ASKED WHAT labour wanted, Samuel Gompers, founding president of the American Federation of Labour in the late 1800s, is often quoted as responding: “more”. His actual answer was surprisingly lyrical. “More schoolhouses and less jails…more learning and less vice…more leisure and less greed…more of the opportunities to cultivate our better natures.” His ability to tie…
Customers’ “emotional data” can be hacked, and no one is checking if the apps workWHEN CAROLINA ESCUDERO was severely depressed, going to a therapist’s office became hard to face. So she joined BetterHelp, a popular therapy app. She paid $65 each week but spent most of her time waiting for her assigned counsellor to respond.…
Come to ChinaINVESTORS ARE still speculating about exactly what Didi Global, a ride-hailing giant, did to draw the ire of Chinese regulators. Some say it foolishly pushed forward with its $4.4bn initial public offering (IPO) in New York despite being told by officials to delay the listing. Others suggest it stole the thunder from leaders…
The trial of Elizabeth Holmes contains lessons for decision-makers of all kindsEARLY ON IN “The Inventor”, a documentary about Elizabeth Holmes, the founder of Theranos, she talks about her childhood-reading habits and her interest in what makes a great leader. “So much changes in our society technologically but as humans we don’t change a lot,”…