Patagonia Inc. founder and avid climber Yvon Chouinard’s autobiography, Let My People Go Surfing, provides important insights into his background and recent decision to sell his company. In 1970, he lamented the damage caused to his beloved Yosemite by fellow climbers hammering pitons into the rock. For Chouinard, this issue was personal because his company […]
Generation Z’s ‘Big Brother’ – TikTok’s Intrusive Data Collection Practices and Regulations
TikTok, arguably the most popular social media platform among gen-Z, has faced legal scrutiny over the past two years regarding its data policy and ties to China. The debate about cybersecurity is not an unfamiliar one, as it’s commonplace for social-media giants, such as Facebook and Twitter, to invasively collect and use personal information from […]
Sentenced to Life (Unemployed): Hiring the Formerly Incarcerated Amid Labor Shortage
An increasing number of businesses are adopting open hiring practices—often referred to as second-chance hiring—by eliminating previous restrictions placed on applicants with criminal records. In doing so, these companies have produced a two-fold economic and societal gain. That is, these amended hiring processes help alleviate the gaps of the current U.S. labor shortage, all while […]
The Knives Are Out for Startup Acquisitions: Predictions on the Adobe-Figma Deal
Big Tech has grown in size and scope over the past decade through acquisitions of hundreds of smaller players in the market. Emerging tech startups with innovative products and business models were attractive targets in the eyes of Big Tech and technology investors. US antitrust regulators have historically paid less attention to these tech deals, […]
Does Russia’s War in Ukraine Mark a Shift in Corporate Policy?
With the recent sanctions imposed by the US and Europe Union, Russia is facing mounting economic pressure to stop its invasion into Ukraine. In order to comply with the sanctions as well as the requests of Ukrainian officials, Western companies ranging from energy to technology sectors have curtailed their operations in Russia. However, many corporations […]
SPAC Mania: A Volatile Market and Undaunted Backers
In the last two years, Special Purpose Acquisition Companies (SPACs) have taken the financial world by storm, outdoing both IPOs and direct listings. SPACs have increased speed and the certainty of deal completion. However, SPACs are notorious for allowing companies to make projections about future performance—conduct that is strictly prohibited in traditional IPOs. In the […]
A Digital Dollar: Pending Homework for the Fed
The history of money is entering a new chapter. The world’s central banks are realizing that they need to respond to the increasingly proliferating cryptocurrencies and stable coins. The alternative they propose is a digital fiat currency backed by central banks that functions similarly to traditional fiat money, so-called Central Bank Digital Currency (CBDC). It […]
Short-Term Investors Are Behind the Increase of Your Netflix Monthly Subscription
Hopefully, this article will be more thrilling than the latest show you binge-watched on Netflix. Bill Ackman, a famous activist shareholder, announced on January 26 that Pershing Square acquired more than 3.1 million shares of Netflix in a 1.1-billion-dollar transaction. As a top-20 shareholder in the company, Pershing Square is now “all-in on streaming” and […]
Venture Capital Values: How China Can Shape Its Innovation Environment
In the modern era of commerce, Silicon Valley stands as a monument to fast-paced, unrestrained, competitive innovation. According to an article by Grep Ip, many countries have long envied American startup culture, and have sought to compete with Silicon Valley. China is the only country who has come close to succeeding. China’s influx of venture […]
“Monopoly”, “Monopsony”, “Middleman.” FTC Takes Big Tech Head-On
Nearly 100 years ago, Supreme Court Justice Louis Brandeis wrote “We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.” Keeping those words in mind, the U.S. House Democrats’ antitrust subcommittee published an Investigation of Competition in Digital Markets […]