from Fast Company Plant-based meat is so last year: The latest animal protein to go green in a big way is shellfish. Tyson Foods announced today that it’s investing in New Wave Foods, which expects to have a shrimp alternative ready for food-service operators by early next year. The terms of the deal were not disclosed. More here.
from The Atlantic When corporate boards pick out new CEOs, they scrutinize candidates’ qualifications, studying their performance in previous jobs and vetting their academic credentials. But a recent study suggests they might want to look even further back in the histories of corporate hopefuls: CEOs’ experiences in childhood seem to shape what kind of leaders […]
from readwrite Sprint’s recent launch of its 5G network in Kansas City, Missouri; Dallas; Houston; and Atlanta offers consumers and entrepreneurs a glimpse into the future. As rapid download speeds and seamless connectivity take hold in cities around the world, tech entrepreneurs will have more opportunities than ever before to make an impact. With 11.5 million people having access to Sprint’s network […]
from NYTs Nearly 200 chief executives, including the leaders of Apple, Pepsi and Walmart, tried on Monday to redefine the role of business in society — and how companies are perceived by an increasingly skeptical public. Breaking with decades of long-held corporate orthodoxy, the Business Roundtable issued a statement on “the purpose of a corporation,” […]
from NYTs The Labor Department weighed in Monday on a question whose answer could be worth billions of dollars to gig-economy companies, deciding that one company’s workers were contractors, not employees. As a result, the unidentified company — whose workers, it appears, clean residences — will not have to offer the federal minimum wage or […]
from The Verge Amazon’s fulfillment centers are the engine of the company — massive warehouses where workers track, pack, sort, and shuffle each order before sending it on its way to the buyer’s door. Critics say those fulfillment center workers face strenuous conditions: workers are pressed to “make rate,” with some packing hundreds of boxes […]
from Wired THE STREETS OF Davos, Switzerland, were iced over on the night of January 25, 2018, which added a slight element of danger to the prospect of trekking to the Hotel Seehof for George Soros’ annual banquet. The aged financier has a tradition of hosting a dinner at the World Economic Forum, where he […]
from Slate Over the weekend, news outlets reported that a New Zealand man named Andrew Barker had found a camera, hidden in a smoke detector, in his Airbnb that was livestreaming a feed of the living room. Barker was in Cork, Ireland, on a 14-month trip around Europe with his family when they checked into […]
from WaPo Widespread closures have roiled the retail industry, but many more stores are likely to shut down in coming years to keep up with a shift to online shopping, according to a report by investment firm UBS. An estimated 75,000 stores that sell clothing, electronics and furniture will close by 2026, when online shopping […]
from Axios Chris Petersen, a third-generation hog farmer who says “I bleed rural” and tears up at the fate of family and friends, has found a way to keep his small holding going, and avoid the exodus that so many are making. His grown son and daughter have, too. But meanwhile, Petersen is at war […]
from Fast Company A recurring theme of the last two years–politically, culturally, economically–has been yelling out loud what was supposed to be merely whispered or implied; throwing caution to the wind and, essentially, telling on yourself. That’s exactly what Apple did yesterday. This Monday, the beloved tech giant announced its big plans to seek fresh […]
from readwrite Finance is a central tenet of business and a pillar upon which any successful company stands. After all, the point of capitalism is to create organizations which not only do something useful but those which ultimately monetize their plans and bring value to shareholders. More here.
from The Atlantic In March 2009, Uber was born. Over the next few years, the company became not just a disruptive, controversial transportation company, but a model for dozens of venture-funded companies. Its name became a shorthand for this new kind of business: Uber for laundry; Uber for groceries; Uber for dog walking; Uber for […]
from Wired LAST WEEK, PRESIDENTIAL candidate Senator Elizabeth Warren (D-Massachusetts) announced an ambitious plan to break up big tech companies like Google, Facebook, and Amazon and block them from selling their own products on their platforms. Warren called out Facebook’s acquisitions of Instagram and WhatsApp and Google’s acquisition of online advertising giant DoubleClick as examples […]
from readwrite This January, a hacker broke into Ethereum Classic, one of the more popular cryptocurrencies, and began rewriting transaction histories. Until recently, blockchains were considered unhackable, but it’s clear that cybercriminals always find vulnerabilities. Here’s the lesson: If a blockchain can be hacked, no one is immune to the threat of cybercrime. And businesses […]