Many people would consider Bill Gates’ announcement that he is stepping down from the board of directors of Microsoft a historical event, even in these times dominated by the coronavirus crisis that has squeezed most other stories out of the news cycle. Gates became a legend as the founder of...
Like US President Donald Trump, Facebook CEO Mark Zuckerberg has an empire to defend. In contrast with Trump, who has been given the keys to the empire for a mere four years by its largely anonymous owners, Zuckerberg is serving a limitless term because he both owns and controls his empire. Modern...
Sotheby’s, the world-famous auction house, is feeling the reverberations of its $3.7 billion sale to a French-Israeli investor in mid-June, as organizational changes take shape. The acquisition has caused waves throughout the art world because it is synonymous with the company’s privatization....
In their new book, Wharton’s Nicolaj Siggelkow and Christian Terwiesch explain how a “connected strategy” helps businesses create more value for themselves and their customers. In an increasingly competitive marketplace, it’s no longer good enough for a company to sell a product through...
AT&T wants to prevail in the media wars by combining its distribution reach with Time Warner’s content. Will it work? In 2000, America Online (AOL) announced it was acquiring Time Warner Inc. for a record $165 billion to create the largest media company in the world — combining premier...
