Opinion

In the age of 5G, hottest telecom assets are towers

There are plenty of reasons why Deutsche Telekom AG and Vodafone Group Plc make for uneasy bedfellows. But if Europe’s biggest telecommunications firms can overcome their differences, they would benefit from forging a strong alliance for one of their biggest cost centers: towers. The structures on which mobile operators install their antenna have generated a flurry of dealmaking as valuations ...

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Mythology of Big Tech

“Everyone seems to agree … that these companies are fundamentally different … [and] the old rules of capitalism simply do not apply to them” —Economist Thomas Philippon, author of “The Great Reversal:How America Gave Up on Free Markets” The public face of American capitalism is Big Tech. Its constituent firms — Apple, Amazon, Google and Microsoft, to name a few ...

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Trump EPA makes excuses for polluters

The Trump administration has developed a way to make pollution sound appealing. President Donald Trump’s Environmental Protection Agency (EPA) has a plan to relax regulations to allow Americans to be exposed to more dirty air. But the agency has dressed it up to look like it’s just advocating the use of stronger, more transparent science. The policy, sometimes called the ...

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TikTok is aiming at a bigger audience than US senators

As US political opposition hardens to TikTok, the globally popular video app from Beijing-based ByteDance Inc., some inside the company want to find ways to make the business appear to be less Chinese. That’s a smart move, aimed less at critics in Congress and more at two other East Coast power centers: Madison Avenue and Wall Street. TikTok delivers short, ...

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Watch for sparks as jet engines hit their limits

Earlier this week, Bloomberg Opinion columnist Chris Bryant examined the ongoing troubles for advanced jet engines used on today’s commercial airliners. These engines now seem to be reaching their technical limits, and as Bryant says, we may be asking too much of the technology. That’s not great news for the companies making those turbines, or for those flying the aircraft. ...

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Macron wants to slam the door on expansion of EU

The French government has made it clear what President Emmanuel Macron meant by a reform of the European Union (EU) accession process, which he sees as a prerequisite to the bloc’s further enlargement. The proposed process wouldn’t be much of an improvement on the current one; rather, Macron appears to be trying to drown the issue of further EU enlargement ...

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HP doesn’t need Xerox, which may have been the point

After HP Inc. rebuffed Xerox Holdings Corp.’s attempted $34 billion takeover attempt, don’t be surprised if the printer company’s next step is to say, “You don’t buy us, we buy you.” But don’t expect any offer to be generous. A counteroffer from its bigger rival may have been Xerox’s plan all along. The two companies have been involved in tentative ...

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How to overcome losing 600,000 people a year

You know times are hard in provincial South Korea when the guy selling walkers and hearing aids can only make ends meet by day trading. Ho Cheol Lee, 52, keeps his eyes on flashing stock quotes while his shop, crammed with wheelchairs, canes and other equipment for seniors, sits empty. Lee has run the store for roughly two decades, and ...

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While Trump played games with Ukraine aid, people died

As the House opens public impeachment hearings into the Ukraine scandal, the bottom-line question is dead simple: Did President Trump, for political reasons, manipulate military aid to an ally in a war that has cost 13,000 lives? When you think about the Ukrainian soldiers in the front lines of this nasty proxy battle against Russia, the debate becomes more visceral ...

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No, Germany doesn’t need stimulus

Now that Germany has avoided a technical recession, posting an economic output growth of 0.1% in the third quarter of 2019, it’s highly unlikely that the German government will deviate from its zero-deficit policy and offer any substantial fiscal stimulus. For now, the country’s domestic market has shown an uncanny ability to compensate for external turbulence. But faster growth is ...

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