At some point the market capitalisation of ZOOM was higher than EXXON’s. What happened?
It’s hard to believe that at some point the market capitalisation of ZOOM was higher than all mighty EXXON. What happened? Zoom discovered pretty fast what a “feature” is and Microsoft started to do products that just work, especially video conferencing (ie. Microsoft Teams). From there was only one simple step: network effects. Source: […]
Based on The Rolex Market Index, a recession is around the corner
The Rolex Market Index is an indicator of the financial performance of 30 Rolex watches on the secondhand market. They also show the overall image of the world economy. Beside IMF, EU and other institutions this is a reliably index that says one thing: a recession is around the corner; probably next year. Source: […]
The main focus of Meta’s Quest Pro will be (the future of) work, not gaming
The main focus on Quest Pro will be (the future of) work, not gaming. Microsoft and Meta are two companies that don’t have yet a platform, although they are not in a similar position. Microsoft missed mobile and Meta missed building & controlling their ecosystem. Apple was close to bankruptcy in the ’80 because they […]
Meta has a new VR device: Quest Pro, priced at $1,499
Meta has a new VR device: Quest Pro, priced at $1,499. In tech space today’s ideas happen usually in 10 years from now. That’s why I’m short regarding the next 1-5 years, but long on the next 10. Source: 📸 Meta What are really the main usages? Well….work, gaming, fitness & other (in […]
Renault wants to ditch their ICEs cars (ie. internal combustion engine) in order to focus on EVs
Renault wants to ditch their ICEs cars (ie. internal combustion engine) in order to focus on EVs. They are in discussions to sell their Dacia plant from Mioveni to Geely (Chinese company, owner of Volvo), but keeping the “Dacia” brand. In Romania Dacia employs around 14k employees, but with suppliers that amount reaches 100k. I’ve […]
We all have (business) ideas, but what we lack is the courage to put them into practice
We all have (business) ideas, but what we lack is the courage to put them into practice. Below is an email on how AirBnB started. Source: 📸 & 🔢: @techemails & AirBnB Joe Gebbia, AirBnB co-founder, identified a simple business opportunity to make extra-money: a conference in San Francisco led to 100% hotel […]
A bunch of US companies have initiated a project to regulate AI
A bunch of US companies have initiated a project to regulate AI (ie. ‘ethics AI’ being the first topic). As we can seen below, there are serious worries about General Artificial Intelligence. DALL-E & all are already producing images from text and going to the next level: translating text into videos. We learned […]
The power of “compound interest” is present in all aspects of our life
The power of “compound interest” is present in all the aspects of our life. It took me 9 years to reach 100 citation and only 9 months to grow from 400 to 500 citations. Sometimes we miss the “big picture” and fail to see that progress is real. Source: Google Scholar
Will Tesla remain dominant in the EV market?
Two thirds of the MIT Sloan Management Review Strategy Forum panelists think that Tesla’s dominance will come to an end. I agree with this conclusion, but the company will remain dominant. It’s an iPhone on wheels and last time I checked iPhones were still cool. Ivan Png from the National University of Singapore shows that brands […]
Stadia – a Google gaming service – is shutting down
I’m not sure if each tech company has a hidden strategy like “we should be in the gaming”, but it seems this is the case. Stadia – a Google gaming service is shutting down. Most of the people are hearing about it now for the first time. Why this failed? I have some hints: It […]