MARK ZUCKERBERG dubbed 2023 as Meta’s “year of efficiency”, corporate-speak for admitting that his social-media empire was bloated. Since November Meta has cut 21,000 jobs, or about a quarter of its workforce....
When Amazon announced the $13.7bn acquisition of Whole Foods Market in 2017, it followed some oddball attempts to strengthen its grocery business, some conceived by Jeff Bezos himself. One was to develop...
IN 2019, AS China’s trade war with America was heating up, the People’s Daily predicted that China’s monopoly on rare earths, minerals crucial to the production of most modern hardware, would become...
IT LOOKS LIKE cheese. It smells like cheese. It tastes like cheese (specifically mature cheddar). And it is cheese—at least under the microscope. “Synthetic dairy” is made with the same ingredients as...
It is something of a revolution in the country which once deemed yogurt-making to be a strategic industry. For the first time in the history of the fifth republic one of France’s...
Dear Max, I am an extremely nervous public speaker and I was told long ago that it can help to imagine that my audience is naked. I casually mentioned this piece of...
THE GAME is on. Or so ruled an American appeals court on July 14th when it threw out another effort by the Federal Trade Commission to block Microsoft’s $69bn acquisition of Activision...
IN INDIA’S STARTUP capital of Bangalore, auto-rickshaw drivers are no less prized than software engineers. Given the city’s chaotic traffic, rickshaws are sometimes the fastest way to get around. But finding one...