Description: Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also seems likely that the industry couldn’t survive regulation. Source: NYT.com Date: Nov 17, 2022 Link: https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html? Questions for discussion: What does… Read more »
Posts Categorized: International Business
Apple Built Its Empire With China. Now Its Foundation Is Showing Cracks.
Description: Every September, Apple unveils its latest phones at its futuristic Silicon Valley campus. A few weeks later, tens of millions of its newest handsets, assembled by legions of seasonal workers hired by its suppliers, are shipped from Chinese factories to customers around the world. Source: NYTimes.com Date: Nov 07, 2022 Link: https://www.nytimes.com/2022/11/07/business/apple-china-ymtc.html Questions for… Read more »
Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas
Description: Their lucrative Yeezy collaboration accounted for more than an estimated 40% of the shoe giant’s profits. But the partners had been bickering for years. Source: Bloomberg.com Date: Nov 01, 2022 Link: https://www.bloomberg.com/news/articles/2022-11-01/kanye-west-adidas-split-was-brewing-for-years?leadSource=uverify%20wall Questions for discussion: What are the lessons to be learned from this partnership between Ye and Adidas? Can Adidas ever afford to… Read more »
Twitter is now owned by Elon Musk — here’s a brief history from the app’s founding in 2006 to the present
Description: A decade ago, Twitter’s future was looking bright. The company was benefiting from a flood of funding into the social-networking space, eventually leading to an IPO in 2013 that raised $1.8 billion. Source: CNBC.com Date: Oct 29, 2022 Link: https://www.cnbc.com/2022/10/29/a-brief-history-of-twitter-from-its-founding-in-2006-to-musk-takeover.html Questions for discussion: Why do you think Musk bought Twitter? Do you think there are revenue models that… Read more »
Once wary of immigrants, Canadian town sends out global labor SOS
Description: The town council’s once deep-seated fear over accommodating immigrants at the expense of its French-speaking Quebec identity has given way to a more pressing concern: a need for more families to help fill jobs, attend its schools and sustain its population. Herouxville now wants to be known for its inclusion. It’s considering measures like… Read more »
SPOS #850 – Douglas Rushkoff On The Harmful Effects Of Technology On Our Future
Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #850. I’ve said it before… I will say it again: Douglas Rushkoff is – without a doubt – one of the smartest humans beings on this earth that I get to call a friend. Douglas is back with another compelling book about technology and how… Read more »
Apple Quietly Rolled Out a Change That Could Be the End of Facebook
Description: Apple isn’t just coming for Facebook’s money, it’s coming for its business. Source: INC.com Date: Oct 27, 2022 Link: https://www.inc.com/jason-aten/apple-quietly-rolled-out-a-change-that-could-be-end-of-facebook.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Oct%2026,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGHuDANPsXgpSh7DvX5FXGcVHzm_RyLSUzzo1GMOhx_ihLjxVqDuYCcWy0sJmhfyKYuCbqpclo0hn3hcyLM8sC9io0Oppj98rgzN4lSjw Questions for discussion: How will Apple revenue grow with this new requirement? Do you think it is the end of Meta? How can Meta and other apps counter this strategic move by Apple?
Anti-Defamation League urges Adidas to sever ties with Ye’s Yeezy
Description: The Anti-Defamation League is urging Adidas to sever ties with Ye, calling out his recent hateful comments in a letter to Adidas CEO Kasper Rorsted and Chairman Thomas Rabe. The rapper and designer, formerly known as Kanye West, has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with… Read more »
Pfizer CEO: 2023 will be a ‘pivotal year’ as COVID-19 drug sales wane
Description: Americans are moving on from COVID-19. Most public places, transit, and municipalities have gotten rid of mask mandates. Vaccine booster rates have plateaued, even with the introduction of a new “bivalent” shot targeting multiple variants, including Omicron. Source: Yahoo.Finance.com – video report Date: Oct 18, 2022 Link: https://ca.finance.yahoo.com/news/pfizer-ceo-2023-pivotal-year-as-covid-19-drug-sales-wane-195020896.html Questions for discussion: How is the… Read more »
Uber, Doordash plunge after Labor Department proposes change to gig worker classification
Description: The Biden Labor Department released a proposal Tuesday that could pave the way for regulators and courts to reclassify gig workers as employees rather than independent contractors. Source: CNBC.com Date: Oct 11, 2022 Link: https://www.cnbc.com/2022/10/11/uber-doordash-plunge-as-labor-dept-proposes-gig-worker-change.html Questions for discussion: What are the business implications for this change in status? Overall, do you think this is… Read more »
