The Big China Short • Discoverology

The Big China Short

Business, Crime, Long Reads

Researchers had a hunch that Luckin Coffee, China’s fast-growing challenger to Starbucks and a company traded in the U.S. stock market, was falsifying financial statements to exaggerate its sales. A few months later, an anonymously written 89-page report landed on Wall Street and leveled one of China’s hottest startups.

Related tags
Related posts
There Is No Reason to Cross the U.S. by Train. But I Did It Anyway.

There Is No Reason to Cross the U.S. by Train. But I Did It Anyway.

Long Reads, World

Tell your fellow Americans that you plan to cross the United States by train, and their reactions will range from amusement at your spellbinding eccentricity to naked horror that they, through some fatal social miscalculation, have become acquainted with a person who would plan to cross the United States by train.

The SoftBank Effect: How $100 Billion Left Workers In A Hole

The SoftBank Effect: How $100 Billion Left Workers In A Hole

Long Reads, Tech, World

Masayoshi Son, SoftBank’s chief executive, was hailed as a kingmaker in 2016 when he unveiled the Vision Fund. Using the cash hoard, Mr. Son poured money into fledgling companies across the world, many of which have a business model of hiring contractors who deliver their services. Above all, he urged these start-ups to grow as fast as possible.

Uber Wars In Argentina

Uber Wars In Argentina

Apps, Long Reads, Tech

Since Uber arrived in Argentina in 2016, taxi drivers have come out in force, torching ride-share cars, beating drivers, and shaming passengers. There have been more than 1,041 fights — that have been reported to police, anyway.

Missouri Charmer Led Double Life, Masterminded One Of The Biggest Frauds In Farm History

Missouri Charmer Led Double Life, Masterminded One Of The Biggest Frauds In Farm History

Crime, Long Reads

Like all the best con artists, Randy Constant was a charmer, hard not to like. You’d never have guessed that the father of three, grandfather of five was a liar, cheat and serial philanderer who masterminded one of the biggest and longest-running frauds in the history of American agriculture.

How Space Tries To Kill You And Make You Ugly

How Space Tries To Kill You And Make You Ugly

Long Reads, Science

Outer space is the most noxious of substances: devoid of air and filled with a soup of deadly particles in the form of high-energy photons and energetic bits of atomic nuclei. The lack of gravity there affects every element of your being, as even the proteins in your body can’t figure out which way is up.

The Failure Of The Forever 21 Empire

The Failure Of The Forever 21 Empire

Business

If Forever 21 survives, it will be with fewer stores, fewer employees, and more manageable ambitions. But that more modest future likely depends on the Changs giving up control. If they don’t, Forever 21 may not have much of a future at all.

Puff, Puff, Pass: A New Vape With Hazy Origins Takes Juul’s Place

Puff, Puff, Pass: A New Vape With Hazy Origins Takes Juul’s Place

Health, Long Reads

Due to their popularity with teenagers, flavored vapes fell directly into regulator’s crosshairs. Pod-based vape companies, like JUUL, are now banned from selling any flavored pods, aside from menthol and tobacco. Now, Puff Bar’s popularity is surging, but no one knows anything about the mysterious company.

The Race To Develop The Moon

The Race To Develop The Moon

Long Reads, Science

For science, profit, and pride, China, the U.S., and private companies are hunting for resources on the lunar surface. It’s not difficult to imagine moon development, like all development, proceeding less than peacefully, and less than equitably.

Jeff Pike, Texas’s Own Tony Soprano

Jeff Pike, Texas’s Own Tony Soprano

Crime, Long Reads

Jeff Pike, the head of the infamous Texas-based Bandidos motorcycle club, went on trial in federal court for racketeering. Prosecutors called him a ruthless killer, the man behind one of the deadliest biker shootouts in American history at the Twin Peaks restaurant in Waco. Pike, however, said he was just a good family man.

The 30 Year-Old Airline That’s Never Flown

The 30 Year-Old Airline That’s Never Flown

Business, History, Videos

Back in 1989, a guy by the name of Igor Dmitrovsky filed the paperwork to incorporate a small little business in the state of New York. This company would enter the metal cylinder organism transport business under the name Baltia Airlines. The airline was to fly from New York, US to St Petersburg, USSR.

The Race To Understand Antarctica’s Most Terrifying Glacier

The Race To Understand Antarctica’s Most Terrifying Glacier

Long Reads, Nature

Thwaites Glacier has long been the subject of dark speculation. If this mysterious glacier were to break down into icebergs and eventually collapse into the ocean—it might be more than a scientific curiosity. It might be the kind of event that changes the course of civilization.

Extreme Loneliness Or The Perfect Balance? How To Work From Home And Stay Healthy

Extreme Loneliness Or The Perfect Balance? How To Work From Home And Stay Healthy

Business, Health, Life

More and more people are working where they live and living where they work, attracted by the promise of greater flexibility. Beyond the lack of interaction with colleagues – there are no ideas by osmosis, no overhearing others talking – there is also the lack of interaction with the wider world.

The Gambler Who Cracked The Horse-Racing Code

The Gambler Who Cracked The Horse-Racing Code

Long Reads, Tech

Bill Benter did the impossible: He wrote an algorithm that couldn’t lose at the track. Close to a billion dollars later, he tells his story for the first time. “I find the real business world to be a lot more difficult than horse racing.”

We use cookies on this website to analyse your use of our products and services, provide content from third parties and assist with our marketing efforts. Learn more about our use of cookies and available controls: cookie policy. Please be aware that your experience may be disrupted until you accept cookies.