Uber PR Story on Supposed Financing Falling Apart as Warring Board Members Trade Barbs
Things are so bad at Uber that planted stories are falling apart within days.
Read more...Category Archives: Technology and innovation
New York Times Claims Bidders Circling Uber….But How Serious Is This, Really?
The Uber soap opera continues, and the New York Times is doing its part by applying lots of porcine maquillage.
Read more...Uber Descends Into Even More Turmoil With Benchmark Suit v. Kalanick
The war for control of Uber gets uglier…..
Read more...Wolf Richter: Amazon Online Grocery Boom? Not So Fast…
You can take the consumer to the online grocery store, but getting them to buy is another proposition entirely.
Read more...Is Skynet Really Coming After Jobs?
An Elon Musk tweet prompts a new round of debate over the risk of AI to jobs and social stability.
Read more...Facebook Now Out to Squish Even Newbie Potential Competitors
The Wall Street Journal gives a case study on how Facebook hounds even small fry competitors.
Read more...Flagging Productivity Growth – How Much Is Due to Bad Management?
Have management fads contributed to the fall in productivity growth?
Read more...Foxconn’s Con: Seeking Whopping Subsidies for Wisconsin, Michigan Manufacturing Jobs…If They Happen
What the dodgy Foxconn scheme to build factories in the US says about Trump’s commitment to job creation.
Read more...Fake Unicorns: Study Finds Average 49% Valuation Overstatement; Over Half Lose “Unicorn” Status When Corrected
Investors beware! A large scale study found that every unicorn it looked at was overvalued, on average to a significant degree.
Read more...How Electronic Health Records Degrade Care and Endanger Patients
A deep dive by a practicing surgeon into how electronic health care records are bad for patients and doctors but good for administrators.
Read more...Is Uber About to Take SoftBank for a Ride?
What to make of the rumor that SoftBank is interested in investing in Uber.
Read more...The US Retail Crisis
America is undergoing a retail sector crisis, partly related to the increase of competition from online commerce. We review this debate.
Read more...National Audit Office Warns of Brexit Customs IT Train Wreck….Nine Months After Naked Capitalism
Yet another big Brexit disaster in the making.
Read more...Wolf Richter: Cryptocurrencies Collapsed
Why “collapsed” is not too strong a word to describe the recent price action for currency wannabes.
Read more...Hallucinating Banks Believe They Are Technology Start-Ups
Banks are trying to make out like they are technology start-ups. But what’s their agenda? As usual, it is theirs, not their customers’.
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