Curated articles from various sources.
According to some technology and intelligence specialists, U.S. NSA Code Cracking supposed to protect the online traffic of the world’s largest Internet companies, will do more harm than good. These revelations raise fresh questions about the security of data held by companies including Google Inc., Facebook Inc. and Microsoft Corp. According to a particular senior staff technologist,…
The chairman of C&S Wholesale Grocers Inc – the biggest company no one has ever heard of – is one mysterious man with good reasons for staying out of the limelight. The 61-year-old ‘hidden billionaire Cohen’, has transformed C&S into the world’s largest grocery wholesaler since taking the helm of the business in 1989, making him one…
Tension in the highest ranks of engineering giant Germany’s Siemens had been brewing for months when top managers gathered late last month to review the state of the business. This, after the abrupt exit of 33-year long Siemens veteran CEO, followed by his replacement by and Austrian outsider. Even so, few could have predicted that…
As we know, the dawn of the oil age was fairly recent and since then, the demand for oil has risen steadily alongside ever-increasing travel by car, plane and ship. One of the oil giants, Britain’s BP, actually reckons it will grow from 89m b/d now to 104m b/d by 2030. But the Economist reckons they…
The Economist reports that Silicon Valley’s geeks are trying to turn themselves into jocks. In fact, none other than Facebook CEO Mark Zuckerberg, for one, informed the world that his resolution for 2016 was to run 365 miles. Indeed, gone are the days when geeks wore shapeless T-shirts to prove that they didn’t care about…
According to the Economist, businesses need to get better at charging more – especially in an age of austerity. When bosses promise to make their companies more profitable, they usually say they will do so by increasing sales or cutting costs. But a third road to profits is rarely mentioned: putting prices up. Because managers often…
