Does Google need a new CEO?
Google Market Cap. since Sundai Pichai become CEO (Source: Koyfin, 20 Feb 2023) This is the question that Om Malik is posing after Chat GPT launch from Open AI and their strategic partnership with Microsoft. Here I have some key takes: The Google stock performed extremely well under Sundai Pichai’s leadership, as can […]
Starbucks is going through transformational changes
Source: The Economy App; Starbucks’s Quarterly results (Q4 2022)[/caption] With 36k stores worldwide Starbucks has multiple challenges: As can be seen from the graphic, food is still underrepresented. What happens in a Starbucks after 16.00 PM? Nothing much…and that’s a problem. The future of restaurants is to go. LINK The most ordered drinks take more […]
Apple 2023 was not that bad
Apple announced the results of their last quarter and we now have a clear image of what’s happening there: 1/ The biggest hit was taken by the iPhone due to the “covid-zero” policy in China. (-8y/y) Here it is worth mentioning that the company built a state-of-the-art collaboration system with the suppliers and taught them […]
Netflix is may finding its way out
Netflix presented yesterday the results for Q4 2022 and made several announcements. Looking in their financials and on their video interview I identified some points that were not said and I think they are also important: 1/ Subscribers: in 2022 the company spent $2.53 bn on Marketing only to acquire 8.9 net subscribers. That’s […]
Tesla cuts prices
Source: Alex Castro / The Verge Tesla’s cutting pricing smells like panic, not strategy. The company argues that: “At the end of a turbulent year with interruptions to the supply chain, we have achieved a partial normalization of cost inflation, which gives us the confidence to pass this relief onto our customers”, but -20% […]
Apple is building a chip for WIFI, Bluetooth and Cellular Modem
“Apple will reportedly use in-house wireless chips in iPhones by 2025” (Engadget) More exactly, the chips aim to replace the current offering from Qualcomm and Broadcom: WIFI, Bluetooth and Cellular Modem. Why is it changing its strategy when it comes to chips? To understand this move we need to go to Clayton Christensen’s theory, […]
Global business predictions for 2023 with local impact
Happy New Year! 🎉🥂 So many events happen, that sometimes you need to prioritise what’s really important and why. Through the predictions below I want to cover what’s the most relevant for companies and individuals. 1/ Cash is king. The last decade was known as the “decade of free money”. With nearly zero interest rates, […]
Hyundai to add Nvidia cloud-based gaming to future cars
At CES 2023 we see also old fashioned automotive companies entering the EV race. Not that many considered in the past buying a car from Hyunday, but now with the new partnership with Nvidia things are changing. Nvidia announced it will bring its GeForce Now cloud-based gaming service to vehicles from the Hyundai […]
Sony and Honda to launch an EV
? Sony[/caption] Sony and Honda have created a joint venture, Sony Honda Mobility, to built a new Electric Vehicle called Afeela. The new project was announced at Consumer Electronics Show 2023 in Las Vegas. If in the past the focus was on power and performance, now the focus is on software, networks, and user […]
Tech layoffs
📸 WSJ, Layoffs.fyi WSJ has an extensive article on tech layoffs. Last December I had a discussion with an entrepreneur who was looking to hire a software engineer. The latter was asking EUR 5,000 (NET) per month and was not even willing to have a skills verification test. So, in a way, 2023 […]