Category Archives: Business and Finance

From Amazon- a Change That Hurts Authors – by Douglas Preston – NYT

LAST March, Amazon quietly changed the way it sells books. An obscure and seemingly harmless modification to its website has opened the door for some third-party sellers to deceive Amazon’s customers by selling books as “new” that may not come … Continue reading

Posted in Business and Finance, Publishing | Tagged | Leave a comment

In China’s Hinterlands- Workers Mine Bitcoin for a Digital Fortune – The New York Times

“DALAD BANNER, China — They worked as factory hands, in the coal business and as farmers. Their spirits rose when a coal boom promised to bring factories and jobs to this land of grassy plains in Inner Mongolia. When the … Continue reading

Posted in Business and Finance, China, David Lindsay, drug wars | Tagged | Leave a comment

What’s yours is mine in China but is sharing at a peak? – BBC News

Ok, so car sharing makes perfect sense. And we get bike sharing, too. But ball sharing?At a sports complex in Beijing, Wang Hui En scans a code on a locker with his smartphone.The door clicks open and out pops a … Continue reading

Posted in Business and Finance | Leave a comment

Self-Driving People- Enabled by Airbnb – by Thomas Friedman – NYT

“Roughly a decade ago two new “platform” companies burst out of California. The one that dominated the headlines was called Uber, which created a platform where with one touch of your phone you could summon a cab, direct the driver, … Continue reading

Posted in Business and Finance, Thomas Friedman | Tagged | Leave a comment

Google Fined Record $2.7 Billion in E.U. Antitrust Ruling – The New York Times

“Google suffered a major blow on Tuesday after European antitrust officials fined the search giant a record $2.7 billion for unfairly favoring some of its own services over those of rivals. The penalty, of 2.4 billion euros, highlights the aggressive … Continue reading

Posted in Antitrust and Monopoly issues, European Issues | Tagged , | Leave a comment