Online business revealed

How an algorithm may decide your career
incomerevealed.com

WANT a job with a successful multinational? You will face lots of competition. Two years ago Goldman Sachs received a quarter of a million applications from students and graduates. Those are not just daunting odds for jobhunters; they are a practical problem for companies. If a team of five Goldman human-resources staff, working 12 hours […]

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Do Britain’s railways need a Fat Controller?
incomerevealed.com

ON MAY 20th, the biggest changes to train timetables in modern British history took place, affecting commuters and business travellers across the country. In the weeks beforehand, the train-operating companies had been spinning the changes as good news for passengers due to an increase in the number of services offered. Journalists were being hosted on […]

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Trends in extortion payments by companies to Italy’s Mafia
incomerevealed.com

THE toll of “pizzo” protection payments made by firms to Sicily’s Mafia is closely monitored. Nearly half pay up these days, according to estimates from the Confartigianato, a national business association—a big improvement from the early 1990s, when at least four-fifths of Sicilian firms paid it. Back then the levy claimed nearly a tenth of […]

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Google runs into more flak on artificial intelligence
incomerevealed.com

DISCOVERING and harnessing fire unlocked more nutrition from food, feeding the bigger brains and bodies that are the hallmarks of modern humans. Google’s chief executive, Sundar Pichai, thinks his company’s development of artificial intelligence trumps that. “AI is one of the most important things that humanity is working on,” he told an event in California […]

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Can the solar industry survive without subsidies?
incomerevealed.com

A LITTLE over a decade ago, when JinkoSolar, a Shanghai-based company, entered the solar business, it was such a novice that when it visited international trade fairs, all it had was a bare table and a board with its name scribbled on it. But it also had luck, a technological edge and lots of public […]

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Xiaomi’s forthcoming IPO shows how the rules of business are changing
incomerevealed.com

IN 1987, when Lei Jun was a computer-science student in Wuhan, on the banks of the Yangtze River, he read a book about Steve Jobs and vowed to emulate him. If all goes to plan, this summer Mr Lei will take a leap towards that dream with the flotation of his firm, Xiaomi, at a […]

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The world's first commercial drone-delivery service takes flight
incomerevealed.com

Delivering the goods LATE on a Monday morning the village of Zhangwei is quiet. Chickens scratch and cluck at the side of the road. Workers use wooden spades to spread grain on the highway to dry, using half its width so that traffic can still pass on the other side. Yet at the community centre […]

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A tax-evasion scandal ensnares Chinese film-production companies
incomerevealed.com

Fan Bingbing, on location in Khorgos IT IS hard to go a day in China without seeing Fan Bingbing. The doe-eyed starlet gazes from film posters (she has averaged four films a year for the past decade), airbrushed ads for global brands and glossy magazine covers. But in the past week she has graced articles […]

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Comcast and Disney battle over Rupert Murdoch’s empire
incomerevealed.com

A YEAR ago, investors in 21st Century Fox, Rupert Murdoch’s entertainment empire, could have been forgiven a bout of the blues. Shares were down by 30% from their peak in December 2014. Viewership of most of the company’s American networks was in decline, and millions had dropped expensive pay-TV packages, including its own, in favour […]

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A critical task for the Greek economy enters a new phase
incomerevealed.com

OF THE €57.7bn ($68.2bn) of loans that Piraeus Bank, one of Greece’s four dominant lenders, had on its books at the end of March, €20.5bn were more than 90 days overdue. A further €11.7bn were also deemed unlikely to be repaid. In all, at the end of 2017 Greek banks carried €95.7bn of such non-performing […]

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