Description: Warren Buffett has been working with his long-time friend and business partner, Charlie Munger, for over 40 years. The two men have experienced unparalleled success together, building an investment business with more than $736 billion in assets. And, perhaps even more impressively, they’ve never had one argument. Source: CNBC.com – video report Date: Jan 31, 2019 Link:… Read more »
Posts Categorized: Control
Insulin has become so expensive that this diabetic is trying to make his own
Description: Insulin is a life-saving drug for diabetics. Since 2002, the price has more than tripled and some diabetics can’t afford it. People have died rationing their doses, and some are turning to other countries to buy it at a cheaper price. Now, there’s a team of biohackers called the Open Insulin Project in Oakland, California who are… Read more »
People say they care about Facebook’s privacy scandals, but their actions show they don’t — here’s what that means for other tech giants
Description: Facebook pleased investors Wednesday by reporting a strong quarter of earnings led by impressive statistics on user activity for the fourth quarter of 2018. Source: CNBC.com Date: Jan 31, 2019 Link: https://www.cnbc.com/2019/01/31/people-say-they-care-about-facebooks-privacy-scandals-but-they-dont.html Questions for discussion: What does the report say about social media users’ attitudes toward privacy? How should management of social media firms deal with this… Read more »
Alibaba and the Future of Business
Description: Alibaba hit the headlines with the world’s biggest IPO in September 2014. Today, the company has a market cap among the global top 10, has surpassed Walmart in global sales, and has expanded into all the major markets in the world. Founder Jack Ma has become a household name. Source: HarvardBusinessReview.com Date: FROM THE… Read more »
Hedge fund billionaire Ray Dalio: ‘Capitalism basically is not working for the majority of people’
Description: With just over $18 billion to his name, capitalism has been good to Ray Dalio: He started his hedge fund, Bridgewater Associates, out of a two-bedroom New York City apartment in 1975 and it now manages $160 billion in assets and is the largest hedge fund in the world, according to Forbes. Source: CNBC.com – video… Read more »
Health care industry spends $30 billion a year on marketing
Description: Critics say patients are often misled by ads that advocate high-priced drugs, unapproved stem cell treatments or genetic tests. Source: NBC.com Date: Jan 08, 2019 Link: https://www.nbcnews.com/health/health-news/health-care-industry-spends-30-billion-year-marketing-n956251 Questions for discussion: Summarize the criticisms leveled at the health care industry in this report? Do you agree with the assessments? How should the industry, governments, and… Read more »
Facebook Advertising Profiles Are a Mystery to Most Users, Survey Says
Description: The scrutiny of Facebook’s collection and use of consumer data in recent years has prompted the tech giant to repeatedly defend its efforts around transparency and privacy. Source: NYTimes.com Date: Jan 16, 2019 Link: https://www.nytimes.com/2019/01/16/business/media/facebook-advertising-transparency-users.html Questions for discussion: Summarize the highlights in this report. What do you think is motivating FB to publicize this… Read more »
Inside Facebook’s ‘cult-like’ workplace, where dissent is discouraged and employees pretend to be happy all the time
Description: At a company-wide town hall in early October, numerous Facebookemployees got in line to speak about their experiences with sexual harassment. Source: CNBC.com – video report Date: Jan 08, 2019 Link: https://www.cnbc.com/2019/01/08/facebook-culture-cult-performance-review-process-blamed.html Questions for discussion: Summarize the managerial culture at FB. How are conditions affecting the company and its empoyees? How should management respond to… Read more »
Why the Arrest of Huawei’s CFO Has Helped Send Stock Markets Into a Tailspin
Description: Asian indices plummeted today—Nikkei 225 down 1.9%, Hang Seng down 2.5%, Shanghai Composite down 1.7%—and Europe’s Stoxx 600 is down 1.9% at the time of writing. The main catalyst for the continuation of this week’s selloff was the arrest in Canada of Sabrina Meng Wanzhou, the chief financial officer of Huawei and the daughter of… Read more »
Arrest of ousted Nissan Chairman Ghosn invites conspiracy theories, talk of ‘a coup,’ among auto executives
Description: If all had gone according to plan, Carlos Ghosn would have been winging his way to Amsterdam on his corporate jet Wednesday night en route to a potentially critical meeting of senior members of the Renault-Nissan-Mitsubishi Alliance — of which he has long served as CEO. Source: CNBC.com Date: Nov 30, 2018 Link: https://www.cnbc.com/2018/11/30/arrest-of-ousted-nissan-chairman-ghosn-invites-conspiracy-theories.html Questions for… Read more »
