Alibaba has long enjoyed a lucrative return from its massive online shopping network. But their extraordinary profitability is no longer a foregone conclusion as the Chinese e-commerce giant re-invests huge sums of money on new initiatives in the face of intensifying competition.
The White House plans to convene executives from Amazon, Facebook, Google, Intel and 34 other major U.S. companies on Thursday as it seeks to supercharge the deployment of powerful robots, algorithms and the broader field of artificial intelligence.
Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market.
The question of how accurately sheep are counted as they are loaded on to livestock carriers has become a topic of discussion across Australia after whistle-blower footage from on board the Panama-flagged Awassi Express was aired on 60 Minutes last month. Now, more footage: “Boiled Alive,” deemed so confronting and horrific that commercial television would not show it, has been aired by Fairfax Media.
No less an authority than Wikipedia attributes the origin of the proverb “the enemy of my enemy is my friend” to Sanskrit, an ancient Hindu language. How appropriate, then, that the saying’s latest proof point is the battle unfolding among global tech players in India.
Before the financial crisis hit more than a decade ago, the easy way to test the global outlook was to apply the maxim that when the U.S. sneezes the rest of the world catches a cold.
When people say, “Incoterms are simple, pick one and use it in all your contracts,” it should be clear they really don’t understand them, and can’t use them to the advantage of their company.