Reuters (October 25)
“Lee Kun-hee leaves behind an impressive, albeit deeply flawed, empire. The Samsung chairman, who transformed his father’s noodle-trading business into a $355 billion smartphone and chipmaking colossus, has died at 78. The second-generation leader’s mark on Korea Inc will endure, but so do scandals that threaten the family’s grip on power.”
Tags: Chairman, Chipmaking, Colossus, Died, Empire, Flawed, Impressive, Korea Inc, Lee, Noodle, Samsung, Smartphone, Transformed
LA Times (December 17)
‘’Uber built its business by challenging regulators and entrenched assumptions about how best to assure public safety. It successfully evaded the strict local rules that the taxi industry faces on fares, licenses and driver background checks by arguing that smartphone-summoned rides were different from taxis and should be regulated under new state standards. It has also avoided a variety of mandates on employers by classifying its drivers as independent contractors, not employees.” But when it comes to testing driverless vehicles on California roads, the technology company should play be the rules.
Tags: ” Driverless vehicles, Assumptions, California, Contractors, Drivers, Employees, Employers, Fares, Licenses, Mandates, Public safety, Regulators, Rules, Smartphone, Taxi industry, Uber
Wall Street Journal (April 290)
Fintech companies like SoFi are doing their “best to turn the banking system upside down.” We may be glimpsing the “Uberization of Banking” if fintech firms succeed in moving “lending away from the big banks and onto your smartphone.”
Tags: Banks, Fintech, Lending, Smartphone, SoFi, Uberization
