“We recognise that the era of growth at all costs is over” said Dara Khosrowshahi, the CEO of Uber. This statement was accompanied by the disclosure of the company’s fourth-quarter financials, as well as the moving-forward of the company’s targets to achieve profitability by a year to the fourth quarter of 2020.
All in World
Facebook, Amazon and the Role They've Played in the Great Privacy Awakening
Recent scrutiny of tech giants’ business strategies has resulted in the revelation of illegal conduct or abuse of dominant power, meaning firms have been fined or asked to change the way they operate as a result. Facebook and Amazon, in particular, have been targeted recently for the way they handle consumer data, and investigations have been launched from NY’s AG, EU Commissioners and Italian Competition watchdogs who have been concerned about the way the companies are functioning.
Investors punish FedEx as it struggles to adapt to the rise of e-commerce
FedEx is struggling due to its lack of competence in the rise of e-commerce and is falling behind its competitors such as UPS and Amazon.
Germany: is recession imminent for the European powerhouse?
With US-China trade tensions rising incrementally over time and uncertainty over Brexit rising, Germany finds itself in an uncomfortable position as its main industrial hub takes on a heavy blow. The question is: should Germany be willing to sacrifice tried-and-tested policy for a dive into the deep end by relegating their alignment to caps on government debt finance?
Germany’s strategy to phase out its use of coal-fired power stations by 2038
Germany promises big things with a move away from its coal industry entirely by 2038. A move towards renewables is great, but how will it be instituted? What happens to the lives dependent on the coal industry? How will Germany account for all of this?
Warren and the Presidential Primaries
With Trump seemingly the undisputed Republican nominee, the parameters for victory will be determined on a day-to-day basis, scandal by scandal. Warren’s vision of compassionate capitalism seems to be resonating with the electorate thus far – but whether she can overturn the dominate PACs is another, far larger problem.
WeWork’s failed IPO
WeWork is an American commercial real estate company that provides shared workspaces for established enterprises and growing start-ups. The company has just undergone a failed IPO.