The automotive industry has accelerated its transition to sustainable energy. Last week, an electric vehicle company completed one of the largest IPOs on Wall Street. One day later, six carmakers and thirty governments announced that they will only sell zero-emission vehicles by 2040. This shift to clean transportation requires substantial investments, and green bonds could […]

During the insurgence of positive COVID-19 cases, major festivals were put on hold as health officials grappled with the breadth of the virus. Almost immediately, it became apparent that it would be a major health concern to continue hosting large events during the pandemic. One by one, the concert business began to announce cancellations until […]

The last two months have been devastating for Facebook. In September, its stock price soared to the highest it has ever been. Since then, the price has fallen nearly 20%, in large part over revelations of how the company balances its commercial interests with user safety — both on and off the platform. The Facebook […]

The Chinese Communist Party’s (CCP) recent reforms are creating uncertainty in the world’s second largest economy. For the last two decades, the CCP stuck to politics and left business to businesses. This hands-off approach led to the rise of China’s multi-billion-dollar giants like Alibaba and Didi. In big tech, the CCP nurtured the growth of […]

Embroiled in a number of controversies — from indifference to election tampering allegations to whistleblower reports regarding ignored health implications for young users — Facebook announced last month that it would change the company’s name to Meta and shift focus to virtual and augmented reality technologies. At Facebook’s annual Connect Conference, Facebook CEO Mark Zuckerberg articulated […]

Coca-Cola has exercised its right to acquire full control over BodyArmor in its latest attempt to wrestle complete dominance of the sports beverage industry away from Gatorade, a PepsiCo subsidiary. Coca-Cola, which acquired a 30% stake in BodyArmor in 2018, has acquired the remaining 70% of the company for $5.6 billion, establishing the brand’s total […]

After the financial crisis in 2008, Americans’ confidence in banks dipped to an all-time low and has remained low ever since. However, the crisis also opened an opportunity window for newfangled technological innovation businesses to enter the financial services industry and gain more customer trust. Companies like Square (SQ), founded in 2009, seized the opportunity […]

Despite corporate law firms’ calls for their commitment to diversity, the data on diversity at these firms paint a different picture. According to the National Association for Law Placement, a 2020 survey of 882 law offices showed that 10.2% of partners were people of color. In fact, the data showed 4.08% were Asian American, 2.10% […]

The Silicon Valley tech startup world is constantly evolving. The latest evolution, particularly during and post the pandemic, is the number of CEOs getting massive paydays in the form of special stock awards as these tech companies prepare to go public. Gone are the days when Silicon Valley leaders like Jeff Bezos and Mark Zuckerberg […]

After gaining enormous success with their video game Fortnite, Epic Games placed a heavy bet by initiating a lawsuit against Apple last August. Specifically, Epic challenged Apple’s iOS policy where Apple requires developers to bill customers through the App Store and charges a 30% fee on all purchase. Epic and other developers could either bypass […]