Online business revealed

Fighting the resource curse through online gaming
incomerevealed.com

ALAIN LILLE is not pleased. His wildcat oil firm spent a fortune looking for oil in Petronia, a former colony known for cashmere wool, long before anyone else was willing to take the risk. After sealing a deal with the long-ruling government, he was poised to reap the rewards. But in last year’s election, a […]

8
Like
Save
Italy’s resilient savers are driving consolidation in asset management
incomerevealed.com

THE rumour mill is grinding again. In early 2017 reports swirled of a possible merger between Generali, Italy’s biggest insurer, and Intesa Sanpaolo, the country’s second-biggest bank. That deal came to nothing. But Intesa is still looking for a partner. Now it is said to be in talks with BlackRock, the world’s biggest asset manager, […]

4
Like
Save
America Inc and the rage against Beijing
incomerevealed.com

ONE of the naughty secrets about America’s trade war with China is that it has the tacit support of much of America’s business establishment. For the past 20 years big firms’ default mode has been Sino-infatuation. Schumpeter attended a dinner in 2016 between the captains of USA Inc and Li Keqiang, China’s premier, and you […]

4
Like
Save
A disciplined startup emerges from the Wild West of crypto-currency
incomerevealed.com

MOST startups proudly announce their presence on buildings, billboards and any surface offering visibility. Not Coinbase, a crypto-currency startup. Visitors to its headquarters on a high floor of an office tower in San Francisco find themselves before an unmarked door and doorbell. They are asked to confirm by intercom which firm they intend to see. […]

6
Like
Save
John Flannery gets down to business restructuring General Electric
incomerevealed.com

John unwinds what Jeff did THIS should have been one of the very darkest weeks in the history of General Electric (GE). The firm founded by Thomas Edison has been a member of the Dow Jones Industrial Average, a stockmarket index composed of leading American companies, for over a century. Alas, mismanagement and a failure […]

7
Like
Save
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 […]

2
Like
Save
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 […]

10
Like
Save
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 […]

3
Like
Save
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 […]

10
Like
Save
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 […]

9
Like
Save