Dangerous things, fossil fuels
A businessman with ties to Gazprom, the Kremlin-owned energy giant, has been found dead from a gunshot wound near St Petersburg, becoming the fifth Russian gas industry figure to die in violent...
View ArticleYes, it’s called capitalism
‘They were taking us for a ride’: how Uber used investor cash to seduce drivers Firm faces ongoing battles over workers’ rights and unpaid waiting times after drawing in drivers with huge subsidies...
View ArticleI’m cool with this Bernie Sanders idea
In my view, we must prevent microchip companies from receiving taxpayer assistance unless they agree to issue warrants or equity stakes to the federal government. If private companies are going to...
View ArticleErr, yes?
Shell has attacked the government’s energy profits levy on the North Sea, claiming that it will hit investment in oil and gas while failing to provide any incentive to invest in green energy. The...
View ArticleNot something I’ve really grapsed
The departures at GoPuff come as the once hot market for ultrafast delivery faces challenges from rising wages, labour shortages and the cost of living crisis. Rapid delivery companies raised billions...
View ArticleYeo
“I got this wrong,” was the blunt verdict delivered by the chief of Shopify as he laid off a tenth of his workforce last week. “We bet that the share of dollars that travel through e-commerce rather...
View ArticleThey’re lovely these people, aren’t they?
From PR email: Accountable.US’ review of R&D spending by the five-biggest U.S.-based pharmaceutical companies found the $112 billion they spent on R&D over the last three years has been...
View ArticleOh, good, so it worked then?
P&O Ferries owner reports record-breaking profits after mass sacking DP World called ‘corporate gangster’ after announcing half-year profits of £600m Sadly, nothing to do with it at all: DP World...
View ArticleSeems a long shot but what do I know?
The games business model is to make the hardware and sell it at a loss on first release. As components decline in cost over time – 50% a year is about right as a rough guess – then the hardware moves...
View ArticleEh?
Diversify your defences against inflation with this well run property company Questor share tip: this company chooses its properties carefully and carries very little debt When interest rates are minus...
View ArticleJust a passing phase, a mere coincidence even
Will today’s tech giants reach a century? It’s all about the quality of the product John Naughton If you want to be an internet-age version of General Motors or IBM, you need to sell something people...
View ArticleSlightly odd
Working from home leaves four of five bosses worried their staff are not being productive You can measure their output. If you can’t measure output then of course the people are doing little useful. So...
View ArticleRussian maintenance and NordStream pipelines
No, I don’t know this happened. From PJF in comments. I don’t even have enough to know that this could have happened – just don’t know enough about engineering. But if this is possible, methane...
View ArticleNot good but seriously folks…..
Europe is at the epicentre of a global manufacturing slump, according to a closely watched survey that showed the bloc’s two biggest economies are struggling to remain competitive. Activity in...
View ArticleCould be a connection here
Tesco has claimed it is raising prices “a little bit less and a little bit later” than its rivals, as it battles to hang on to customers squeezed by the cost of living crisis. Shares in Britain’s...
View ArticleAlready been done
A feasibility study suggests millions of dollars can be made by using fleets of bright cubesats to form advertisements high above Earth. It’s a clearly terrible idea, as it would tarnish our...
View ArticleSo, which industry has advanced the most over the past 50 years?
It’s difficult to decide which of the two assertions made by the CCIA – that strict liability is “ill suited” to software or that “innovation” is the defining characteristic of the industry – is the...
View ArticleAs someone around here said
Marks & Spencer is closing one in four of its larger stores as it looks to save hundreds of millions of pounds on rent. M&S told investors that it was speeding up plans to shut larger shops in...
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Could be fun
Elon Musk told prospective investors that he plans to eliminate nearly 75% of Twitter’s staff as part of his deal to take over the social media company, the Washington Post reported on Thursday. Given...
View ArticleBears : Woods interface
Days before Elon Musk’s deal to acquire Twitter could finally close, workers at the social company are warning that staff cuts would be “reckless.” Oh Aye?
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