I might be missing something with your comment, but there are obviously animals that live in and around oceans.
So "just" flying at super sonic speeds over oceans seems like it could be a disaster for marine life. The disruption to whales from noise pollution comes to mind
"One former partner called the settlement hugely significant because it shatters the distance that McKinsey — which argues that it only makes recommendations — puts between its advice and its clients’ actions."
So their defense was that they only recommended a way to destroy the lives of millions of people through drug addiction, but someone else did the implementation.
The takeover of tech by MBAs continues. It has now happened at the top 4 largest tech companies in the US.
We will have Apple (Tim Cook), Amazon (Andy Jassy), Alphabet (Sundar Pichai), Microsoft (Satya Nadella & Steve Ballmer) all taking over from non-MBA founders. Facebook is next in size and has Sheryl Sandberg as COO but don't know if Mark Zuckerberg would ever hand over the reins.
I am bullish on this as a recent shareholder. We are now in the consolidation phase of delivery service where fewer companies mean less competition, more efficiency and better economics.
This is where Dara’s strength is. He has a history of great dealmaking and acquisitions. I expect Uber to thrive as the industry consolidates.
I am not a fan of Facebook and have deleted my account. But Zuck is right in trying to avoid policing political content. It just won’t work.
Twitter’s attempts, although idealistic, are a complete failure. Some tweets that are sanctioned are far less harmful than others that aren’t. Some tweets that are allowed are outright lies. Inserting Jack and his buddies as the arbiters of truth is not going to work. And frankly, I don’t want the Twitter exec team to tell me what I should believe or see.
I understand that there is more pressure on Zuck to follow. And he may very well have to bend to the outrage of people even though it makes no sense.
It seems like people from other ethnicities/countries have done well in Silicon Valley, e.g. India, China, Iran. Notably, CEOs of Google, Microsoft, Uber and others are brown-skinned.
Would they have done even better without the racism? Or what accounts for the difference?
This is why I gave up on Chrome and Android even though I loved both products.
I don't know if this complaint is valid and what the exact scope is. However, since switching to Safari and iPhone, I no longer constantly need to be on the alert about my privacy.
I strongly believe that Google's business model will always push them to exploit my privacy if there is an extra buck to be made.
Social media is a dead end. The results are depression and misinformation.
Unless you believe truth can easily be determined, there is no tweak that Zuck and Jack can do to fix their platforms. At least Zuck is honest about it.
I didn't come up with it. It is the yardstick that he suggested we use to measure his performance :)
And it's a well-known issue with executive compensation that CEOs will juice numbers in the short-term to get their payouts which is likely why he proposed this as a measure of his performance.
Jack Welch retired in 2001 after twenty years as CEO. "Upon his retirement from GE, Welch had stated that his effectiveness as its CEO for two decades would be measured by the company's performance for a comparable period under his successors"
If we use the long-term yardstick that Jack Welch suggested we use, he does not come out looking good. We are now at roughly the two-decade mark and GE is trading at the same price that it did in 1992 and 80% below where it was when he retired.
It looks like Dara is executing the Jack Welch & General Electric playbook [1]. Essentially, it comes down to "Be the #1 or #2 company in the market or exit"
You can debate whether it was successful at GE. The criticism of Jack Welch was that his approach improved short-term financials, but he left a hollowed-out company to his successor that became irrelevant and lost value relative to the S&P.
The way I see this playing out at Uber is rapidly exiting categories like Scooters, Freight, Works, and AV. And doubling down on Ride Share and Eats with acquisitions in geographies where they have a leading position. I worry the most about Scooters and AV as those are arguably core to urban mobility.
The title underplays it. It’s more than just membership in a despicable organization. He has actively participated in violent hate crimes. Specifically, he was involved in a drive-by shooting at a synagogue.
This is not the kind of background I would want for an employee (or CEO) of a surveillance company with sensitive and private data about US citizens.
Both these things are true. 1. A line in the sand is arbitrary. 2. There are huge differences in the ethical behavior of companies (as there are among people)
2 is the one that is important to recognize and where we in tech should have conversations. 1 is a semantic distraction and an excuse to avoid responsibility.
https://www.kake.com/story/32508747/court-oks-barring-high-i...