Opinion

It’s still good to be a tech company

Tesla Inc became a trillion-dollar company, Apple Inc and Amazon.com Inc revealed some vulnerabilities, and FAANG became … MAANG? MANGA? MAGMA? It was a week of redefining the tech landscape. Let’s dive in to the details. Mark Zuckerberg stood in front of some BBQ sauce and revealed to the world Facebook Inc’s new name: Meta Platforms Inc. The name is ...

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How science fiction shaped Tesla’s Musk

Where does Elon Musk get his ideas from? What is he trying to achieve and who does he want to be? Many of us are desperate to understand the world’s richest man, whose electric vehicle maker Tesla is now, according to the stock market, worth a trillion dollars. Jill Lepore, a historian at Harvard University, suggests Musk was shaped by ...

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Will Big Oil’s ‘Friday feeling’ stay forever?

More than most weeks, Big Oil had reason to cheer the arrival a Friday. The day before, the CEOs of Exxon Mobil Corp, Chevron Corp and other industry bigwigs had been called to Congress (virtually) for one of those hearing/shellacking rituals, where they were accused of hiding the dangers of climate change. The latest UN climate summit kicked off in ...

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Airlines get ready to fly into an uncertain future

The world’s air carriers are preparing their cabins for take-off. After 18 months in which passenger planes were laid up in desert boneyards, converted into makeshift medical-supplies freighters, and even flown on short return hops just to maintain their pilots’ certifications, the machinery of the global aviation industry is gradually creaking back into life. Emirates, the biggest carrier by international ...

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Apple, Amazon come down to earth

The supply-chain crisis is driving a wedge through Big Tech. Earlier this week, Microsoft Corp. and Google parent Alphabet Inc. posted robust earnings results, as their software and internet-focused business models allowed them to avoid much of the supply-chain headwinds affecting other industries. But Apple Inc and Amazon.com Inc showed how vulnerable they were to the supply-chain mess. And it ...

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It’s, indeed, possible to grow rich, go green

For five decades, international environmental meetings have been riven by a north-south divide. While the rich nations of the global north have led calls to rein in emissions, their less affluent counterparts have largely remained on the sidelines. The Kyoto Protocol was in essence a treaty between the wealthy Group of Seven nations, the former Soviet Union, Australia and New ...

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Russia ain’t Europe’s reliable gas supplier

It doesn’t matter whether Russia couldn’t, or wouldn’t, boost natural gas supplies to Europe in recent weeks. Either way it has undermined its claim to be a reliable supplier. It’s also boosted the case for its most important customers to reduce their dependence on Moscow-controlled supplies and boost domestic renewable energy sources. The well-documented shortage of natural gas currently being ...

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Nato must mend its rift with Russia — with conditions

For many Americans, the news that Russia was severing relations with the North Atlantic Treaty Organization (Nato) may have been a surprise only in the sense that few would have suspected such relations ever existed. Yet since 2002 there has been a Nato-Russia Council to help avoid conflict and address shared concerns. Restoring that partnership would be in the interests ...

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Is Meta’s mediocrity the message?

Facebook Inc, you may have heard, has changed its name to Meta. Setting aside, briefly, the vital debate on Facebook Inc’s myriad evils, and focusing specifically on the name and brand, there are some elements of note. Given there is no “good” name for a “bad” company — and that nothing Mark Zuckerberg might do could ever win the internet ...

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Singapore is rewriting rules for global cities

Citigroup Inc, HSBC Holdings Plc, UBS Group AG: Global capital’s gleaming logos dominate the night skyline of Singapore’s central business district. They don’t have the vista from a balcony at the Marina Bay Sands hotel to themselves, however. Nestled among them, competing for eyeballs, is a tower bearing the logo of the National Trades Union Congress. Local lenders and property ...

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