How The Doomed Masa Son-Adam Neumann Relationship Set WeWork On The Road To Disaster
For Japanese billionaire Masayoshi Son, Neumann was the prodigal son he never had, with a wild-eyed vision to rival Son’s own. The inside story of how it all went wrong.
Staring At A Digital Black Hole
On the morning of November 16, 2019, we, the exiled Iranians, woke up and like billions of other internet addicts in the world immediately checked our phones, only to realize that Iran had been cut off from the global internet.
How Big Tech Plans To Profit From The Pandemic
As the coronavirus continues to kill thousands each day, tech companies are seizing the opportunity to extend their reach and power. Towards a future in which, for the privileged, almost everything is home delivered, either virtually via streaming and cloud technology, or physically via driverless vehicle or drone.
In Venezuela’s Economic Crisis, Bitcoin Is a Lifeline
Faced with hyperinflation, a worthless local currency and a risky black market for dollars, Venezuelans are increasingly turning to bitcoin as a tool for survival in the world’s worst-performing economy.
They Loan You Money. Then They Get A Warrant For Your Arrest.
High-interest loan companies are using Utah’s small claims courts to arrest borrowers and take their bail money. Technically, the warrants are issued for missing court hearings. For many, that’s a distinction without a difference.
How The Far-Right Helped To Create The Most Powerful Facial Recognition Technology
Clearview is the most powerful form of facial recognition technology ever created, according to the New York Times. With more than 3 billion photos scraped surreptitiously from social media profiles and websites, its image database is almost seven times the size of the FBI’s.
India Plans To Build An All-seeing Database To Track Citizens’ Every Move
India, the world’s biggest democracy, built a massive database containing information and biometrics of its citizens in the form of Aadhaar back in 2009. Now, it’s planning to build a new database that will continually track the lives of 1.2 billion people living in the country.
The Four-Letter Code To Selling Just About Anything
As the father of industrial design, Raymond Loewy had an uncanny sense of how to make things fashionable. He believed that consumers are torn between two opposing forces: neophilia, a curiosity about new things; and neophobia, a fear of anything too new.
The Forgotten History Of How Automakers Invented The Crime Of “Jaywalking”
If there’s traffic in the area and you want to follow the law, you need to find a crosswalk. And if there’s a traffic light, you need to wait for it to change to green. Fail to do so, and you’re committing a crime: jaywalking. It’s the result of an aggressive, forgotten 1920s campaign led by auto groups and manufacturers.
Inside X, Google’s Top-Secret Moonshot Factory
Within Alphabet, Google’s parent company, it is grouped alongside Deepmind in “Other Bets”, although in that metaphor, X is more like the gambler. Its stated aim is to pursue what it calls “moonshots” – to try to solve humanity’s great problems by inventing radical new technologies.
China Aims To Launch The World’s First Official Digital Currency
Dozens of central banks have started looking at whether to issue digital currencies. But only a few have run trials and none has gone as far as China, which appears set to become the first country to put a central-bank digital currency (cbdc) into limited use.
How To Prepare Your Kids For Jobs That Don’t Exist Yet
Artificial Intelligence will rule the jobs of the future, so learning how to work with it will be key. “There’s three job opportunities coming in the future,” says Avi Goldfarb. He divides them up into people who build AI, people who tell the machines what to do and determine what to do with their output, and, finally, celebrities.
Setting A Maximum Wage For CEOs Would Be Good For Everyone
A limit would help to slow the growth of economic inequality and prevent reckless risk-taking by CEOs who otherwise might feel motivated to try to drive up the stock price of their company and therefore their bonus.
The Preposterous Success Story Of America’s Pillow King
The tale of Mike Lindell begins in a crack house. The 47-year-old divorced father of four had run out of crack, again. He realized that abusing crack and running a business weren’t compatible in the long term and vowed to fulfill his dream of making “the world’s best pillow.”
Zoom Company Story: How Eric Yuan Defeated Skype
Chances are you’ve used some sort of video call with family, friends or even to school and most likely it’s been Zoom, the videoconference software has taken the world by storm. But in the presence of giants like Microsoft, Skype, Teams and Google Hangouts, why is everybody using Zoom?
What Happens When Bitcoin Miners Take Over Your Town
Miners now pouring into Eastern Washington are building sites with tens of thousands of servers and electrical loads of as much as 30 megawatts, or enough to power a neighborhood of 13,000 homes. And in the arms race that cryptocurrency mining has become, even these operations will soon be considered small-scale.
The World’s Biggest Electric Vehicle Company Looks Nothing Like Tesla
BYD Co. is the No. 1 producer of plug-in vehicles globally, attracting a tiny fraction of the attention of Elon Musk’s company while powering, to a significant extent, a transition to electrified mobility that’s moving faster in China than in any other country.
Charity: How Effective Is Giving?
Philanthropists are putting record sums into tackling the world’s most pressing problems. And unlike the mega-donors of the past today’s philanthropists want to see the results in their lifetimes. But how altruistic is this new golden age of giving? Have these mega-donors become too powerful?
The Small Virginia Town Where Drone Deliveries Have Begun For Real
Wing, a subsidiary of Google, chose Christiansburg (population 22,500) as its first launching site for American commercial drone delivery operations — it’s also testing in Australia and Finland — not only because of the relatively flat terrain and low population density, but because of nearby Virginia Tech University.
The State Of Qatar’s Hack Of Democracies: A Global Cyber-Crime Operation
In one of the largest state-sponsored computer hacks ever detected, Qatar’s proxies cyberattacked more than 1,400 high-status and ordinary citizens who were exercising their free-speech rights in democracies across North America, the Middle East, Asia and Europe, according to U.S. court filings.
The ‘Hidden Mechanisms’ That Help Those Born Rich To Excel In Elite Jobs
Sociologists Daniel Laurison and Sam Friedman have uncovered a striking, consistent pattern in data about England’s workforce: Not only are people born into working-class families far less likely than those born wealthy to get an elite job—but they also, on average, earn 16 percent less in the same fields of work.