Back to the future: The Nokia 3310 is about to be reborn. That’s right, the indestructible “feature” phone from 2000 will be back in a slightly re-imagined form on or about 26 February, according to a report from Evan Blass, the Man Who Brings Technology Leaks. Fastcodedesign has more. Privacy nerds and people who need […]
Author Archives: enterpriseam admin
America’s Morsi Moment continues
America’s Morsi Moment (h/t Taymour H.) continues: The president has, effectively, done nothing since assuming the office. The deep state and the press are pushing back against a deeply unpopular head of state. Nearly a third of the nation is having problems concentrating at work, because all they can talk about is the political event […]
The biggest insider trading case in history
This sounds a lot like a real-life version of the TV show “bns”: The largest ever known insider trading case in terms of actual profits was when Steven A Cohen’s SAC Capital made a profit and avoided losses of USD 275 mn. Sheelah Kolhatkar talks with Dave Davies about the case against Cohen on an […]
Bernie Madoff explains his Ponzi scheme
The USD 65 bn Madoff ponzi scheme was the biggest in history. We all think we know something about it, but have never heard the story from Bernie Madoff himself. Radiolab invited over reporters Steve Fishman and Ellen Horne to play snippets from their Audible series Ponzi Supernova, which features exclusive footage of Madoff. Madoff […]
Automating M&A at Goldman Sachs is scaring bankers
The automation of M&A at Goldman Sachs is scaring bankers: It’s revenge of the nerds over on Wall Street, as top firms look to automate M&A transactions to the dread of junior bankers. Programmers at Goldman Sachs have already taken over the trading floor, and the ‘strats’ — as they are affectionately known inside the […]
Ikea’s new venture in Africa
Ikea is partnering with over a dozen African designers from seven countries for its new African line, Quartz’s Lynsey Chutel writes. “We want to learn from the creative explosion which is taking place in several cities around Africa right now and spread it to the rest of the world by working with designers from several […]
Re-read Barbarians at the Gate
On our TBR list this weekend: At least one of us is stuck reading about transfer pricing this morning (trust us, you don’t want to know) and plans to cleanse his brain afterward by re-reading Barbarians at the Gate, a classic from 1989 that created the genre of “inside the deal” business reporting we know […]
Flying taxis in Dubai this year?
Something that would turn ugly in Cairo: Flying taxis. In the parallel universe that is Dubai, the Road and Transportation Agency announced self-flying taxis will be in the city’s skies by July, Leslie Josephs writes for Quartz. Yes, this July, as in July 2017. Check the video above for a display of the taxi’s features: […]
Making cities walkable again
Walkable cities are marvelous creations. They give us freedom from cars, freedom from sprawl, and freedom to walk our cities, as urban planner Jeff Speck says. Speck gave a TED Talk where he explained four planning principles to transform sprawling cities “into safe, walkable oases full of bike lanes and tree-lined streets.” His main point […]
The murky world of international cyber arms trade
An Italian held hostage in Mauritania over a multi-mn USD transaction gone bad? Just another Tuesday in the shadowy, high stakes world of cyber warfare. As demand for cyber espionage continues to rise, a thriving international cyber-weapons arms market worth bns is developing fast. Companies and countries are dishing out mns for “offensive technology.” Hackers […]