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Is Big Tech Destroying Retail Markets?

MARIA GONZALEZ-MIRANDA , IVAILO IZVORSKI--When online markets for consumer goods and services first emerged, they were hailed for empowering shoppers, encouraging competition, and reducing transaction costs. But much as changed since then,…

Tests of 5G networks poised to expand

Investment, research efforts by domestic firms pay off--China Mobile's 5G booth at an exhibit in Guangzhou, capital of South China's Guangdong Province in November 2017 Photo: VCG The nation's three major telecom operators have won…

The Rise of Silicon China

by Marion Laboure,Haiyang Zhang,Juergen Braunstein-Mareeg.com-CAMBRIDGE – In the future, if not already, the Silicon Valleys of artificial intelligence (AI) will be in China. The tech firms Xiaomi, Baidu, Didi Chuxing, Meituan, and Toutiao…

Social Media’s Junkies and Dealers

by Roger McNamee-NEW YORK – We were warned. The venture capitalist and Netscape founder Marc Andreessen wrote a widely read essay in 2011 entitled, “Why Software Is Eating the World.” But we didn’t take Andreessen seriously; we thought it…

Big Tech Meets Big Government

by Mohamed A. El-Erian-Mareeg-SINGAPORE – Impressive quarterly results from the biggest technology companies show that they are nowhere near saturating their consumer markets, exhausting their innovation cycles, or reaching growth…

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