When Elon Musk filed an offer with the Securities and Exchange Commission (SEC) on Thursday morning to buy Twitter for $54.20 per share—or a total of just over $40 billion, in cash—the millions of users and other executives that follow his every move online began celebrating and fantasizing about what the platform would look like under his command. “The Twitter woke employees are in for a rude awakening,” former PayPal executive Keith Rabois tweeted. “Elon once
Ukrainian Railways, or Ukrzaliznytsia, is the largest employer in Ukraine. Nearly 375,000 people work for the transit company, more than 1% of the country’s population. Since the full-scale Russian invasion started on February 24, the government-owned railway has become the main circulatory system for Ukrainians fleeing to safety. About 10 million people have been forced to leave their homes behind. For the most part, they head west, to cities like Kyiv and Lviv. From there, many continue
WhatsApp has announced that it is adding a new feature to the platform that aims to better help organize and manage multiple, similar group chats users are part of. The new feature is called Communities and will allow users to sort and compile existing group chats into one larger collective. Announcing the new feature, Meta CEO Mark Zuckerberg explained, “We built WhatsApp Communities to make it much easier to organize all your group chats and find information. You’ll be able to br
My first job in America, after I graduated from business school, was at Harvard Business School professor Clayton Christensen’s consulting firm. Christensen, who coined the theory of disruptive innovation, was one of the most influential business thinkers of our time. CEOs flocked to him for help spotting and preempting disruption of their businesses as well as the creation of their own disruptive innovation, so he built a consulting firm to help. I was a part of that team. Learning from
Most of the international relief efforts for Ukraine have focused on charitable giving and humanitarian aid. Some brands have ceased business relations in Russia as a show of solidarity with Ukraine while others have expressed support in more symbolic ways. One Ukrainian company, called UA IT Hub, is seeking a different kind of relief: patronage. It’s reaching out to companies in Europe and North America asking them to hire Ukrainian tech talent for their contract-development work. Before
Employees are distracted, and it’s no wonder. They don’t have to read the news; they see colleagues who are disengaged, actively searching for greener pastures, and quitting. Meanwhile, executives still are trying to make sense of a business model that accommodates fully office versus hybrid-office workplaces. Despite their current efforts, more than 70% of workers are unhappy with their company’s location flexibility and plan to seek other opportunities within a year.
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Before the World Health Organization officially recognized burnout as a syndrome in 2019, there was already a mounting wave of high-profile creators speaking out against what they felt as pressure from platforms to churn out content consistently or their channels would suffer. Unsurprisingly, the past two years have only made burnout worse.  
Throughout the pandemic, technology decision-makers have quickly adopted new solutions to streamline remote and hybrid business processes. But this onboarding process shined a light on a long-standing problem: the inherent biases introduced to tech products by humans. Although many tech solutions are powered by AI, the tech industry has historically lacked an accountable vetting process to account for potential biases in the data these products’ algorithms are built on. The result i
On Monday, Facebook parent Meta revealed that its metaverse, Horizon Worlds, would test a new way to let creators sell virtual goods, services, and experiences within the digital universe (such as fashion accessories, or access to exclusive spaces). As CEO Mark Zuckerberg put it in a video, those features represent “a new part of the e-commerce equation overall”—and, according to a blog post from the company, would be a step toward “our long-term vision for the metave
Politics loomed large over this week’s Global Privacy Summit in Washington, D.C. The annual training and networking event, hosted by the International Association of Privacy Professionals (IAPP), carried some added political buzz as regulators in the U.S. and Europe edge closer to passing major regulation to reign in big tech companies. Apple’s Tim Cook, Microsoft’s Brad Smith, Federal Trade Commission (FTC) chair Lina Khan, and European Commissioner for Justice Didier Reynd