“He who controls the information, controls the universe!” That might not be the dastardly Baron Harkonnen’s exact words from Frank Herbert’s landmark sci-fi novel Dune; he was speaking about spice, of course. But like the spice that allows for space…
Epic Games, the creator of the immensely popular video game Fortnite, launched an antitrust challenge against Apple and Google last week that has rapidly escalated into an all-in corporate clash that could spell catastrophe for the losing side. If Epic…
At noon today, four of the world’s most powerful men will be brought together (via videoconference) to argue that they’re not so powerful after all. Jeff Bezos of Amazon, Mark Zuckerberg of Facebook, Tim Cook of Apple, and Sundar Pichai…
Tariffs are a popular remedy to maintain a favorable balance of trade and create domestic jobs. Some believe tariffs will foster a renaissance of American manufacturing, but let’s consider the facts. America has six million unfilled jobs, with almost every…
Undoubtedly, technology is one of the most dynamic sectors of the U.S. economy, providing innovation, boosting economic growth, creating jobs, and enhancing consumer welfare. The evolution of the Internet of Things and the deployment of the 5G network it requires…
President Trump cast doubts on a trade deal with China ahead of his meeting with Chinese President Xi Jinping at the G20 summit in Argentina, saying it is “highly unlikely” he would agree with a request from Beijing to postpone…
“Who is John Galt?” is a question that resonates throughout the ideological echo chamber of the Right. It’s a sort of mantra that dominates the underlying economic assumptions of everyone from Libertarian activists, like the Koch Brothers, to the corporate…
Mainstream big technology companies’ market value has exploded in 2018. At first glance, the rise seems understandable. The technologies developed are ubiquitous. When taking a closer look at the numbers, with particular reflection on the 2008 financial crisis, some serious…
Apple Inc.’s stock value topped one trillion dollars yesterday. Apple gained 2.9% from its opening, briefly tipping to one trillion, followed by a selloff. The stock ended the day above one trillion at $207.39 a share. The first member of…