For years, the non-tech sectors have looked with envy at the dominance of internet platforms like Facebook, Google and Amazon. These modern success stories benefit from network effects that enable them to operate at unprecedented scale, serving billions of users and generating billions in profits.
Boardroom confidence, cheap debt and record stock prices have spurred a wave of activity that left global dealmaking at a record high of $3.2tn. Companies are racing to remake themselves by snatching trophy assets or consolidating with rivals before the business cycle turns.
The world is not making nearly enough progress in reducing greenhouse gas emissions to achieve the goals for limiting global warming agreed at the Paris climate summit in 2015, a group of political and business leaders has warned.Read More
Software robots replicate the routine work humans often do in front of computer screens. As software applications have taken over mainline business processes, many back-office workers find themselves filling the gaps between fragmented systemsRead More
US and Chinese tech firms are a good bet despite the trade spat.U.S. and Chinese technology companies in the next ten years and would rather see cooperation between the world's two largest economies instead of "outright competition."Read More