Beijing willing to open up to more imports as administration backs away from ZTE resolution
Some believe that big tech offers developing economies a global platform. But others say ceding control of data and markets to the west could cripple societies
African countries should be nervous about the big technology companies sweeping through their economies, knocking out established businesses and crushing startups before they have had a chance to blossom.
That’s the message from the anti-poverty charity Global Justice Now in a report that warns of an “e-pocalypse” across the southern hemisphere, as western firms keen to sell sophisticated digital services use their muscle to outmanoeuvre local businesses in poorer nations. Africa is seen as particularly vulnerable after decades of underinvestment that has left many countries with seemingly little option but to accept the terms laid down by the tech giants.
‘Without [keeping data local] it’s so much more difficult for countries to regulate and tax industries’
This week we sit down with Steve Murray, a managing partner at Revolution Growth, founded by Steve Case (AOL), Ted Leonsis (Washington Capitals, Washington Wizards), and Donn Davis (Exclusive Resorts). Murray boasts more than 25 years of experience in the technology start up space, including in Fin Tech (not to be confused with infant tech). He joined…
The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat by the window, and get ready for our longer form weekend reads: • Jack Bogle’s Battle (Barron’s) • The Last Days of the Blue-Blood Harvest (The Atlantic) • Dimensional Fund Advisors Grapples With Its Future (Institutional Investor) • Rocketmen: The Space Barons: Elon Musk, Jeff Bezos, and the Quest to…
Kamaru Usman scored the first knockout of his UFC tenure in September. He faces Demian Maia on Saturday in the main event of UFC Fight Night 129.