There is so much buzz about the coming Facebook re-branding. CEO Mark Zuckerberg hinted at this several times recently when he discussed the metaverse. The problem is that no one knows what the metaverse is. So, let’s take a closer look at the metaverse, what is it, how it will change Facebook, how it will impact the marketplace and what workers, users and investors need to know.
The first three quarters of 2021 have brought ample opportunity for startups and small businesses seeking capital investments. According to a report from PitchBook, overall venture capital funding in the U.S. hit a new record of $238.7 billion raised in the first nine months of the year, crushing the previous annual record of $166.4 billion that was raised in all of 2020. Early-stage capital alone has exceeded $54 billion through Sept. 30, beating last year's record volume of $44 billion.
Since the start of the global pandemic, historically low interest rates and government spending have inhibited saving and encouraged borrowing and spending to lift the economy during the challenging period. The US Federal Reserve and government have pumped far more liquidity into the financial system than during the 2008 global financial crisis. We have seen an increase in inflationary pressures because of the stimulus. Moreover, the pandemic’s unintended consequences have created shortages and supply chain bottlenecks that have only exacerbated rising prices.
Revenge represents an amazing human activity. In business, kicking opponents when they are down comes with the territory. As Huawei struggles with US government sanctions, Xiaomi steps in to introduce competing products and grab market share. Former Communists learn quickly about the free market economy. No employee at Facebook (FB) asks the giant to go easy on My Space (Private). Remember My Space? No Apple (AAPL) ...
The US debt ceiling or debt limit is a legislative limit on the national debt that the US Treasury can incur. October 18 was the line in the sand for the US debt. The debt ceiling limits how much money the federal government may pay on the debt previously borrowed. Without Congress increasing the level, the government risks a default, weighing on the world’s faith in the US and likely causing a credit downgrade.
AT&T CEO John Stankey says he understands how the AT&T brand has been weakened and damaged over the last decade. What's his plan to recover the brand and then the value it brings?
At this year’s annual Goldman Sachs Communacopia conference, and frankly from many other recent appearances, top executives from most communications companies said they are in a period of transition from who they were, to who they will become going forward. Let’s explore what this means to customers, workers and investors.
Some good and bad news broke about AT&T recently. New CEO John Stankey says he is not satisfied with the company brand. The bad part is that the AT&T brand, which used to be among the best known and most powerful in the world, has been diluted and confused during the last decade. The good part is Stankey knows about this serious and growing problem. The next question is, can he fix it?
This final entry in this series looks at that rare group of people who are filthy rich. There are not many people in this category, but the differences between them and those featured in Parts 1 and 2 stand out.
As a wireless analyst for more than thirty-years, I thought I had seen it all. I’ve commented on the success and failure, good moves and bad, of companies, products and services. Then John Legere suddenly entered the picture almost a decade ago as the CEO of T-Mobile US. He single-handedly saved T-Mobile, which at the time was the smallest of the major wireless carriers and was failing. Using some very unorthodox methods, he not only saved the company, but he turned it into a leader.
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