Markets

Nasdaq says the US government shutdown is paralysing the IPO market — and the huge bottleneck of firms waiting to go public is getting worse

In an interview with Business Insider, the president of the Nasdaq Stock Exchange has warned that the US government’s record-breaking shutdown is crippling the market for initial public offerings. Speaking at the World Economic Forum in Davos, Switzerland, Nelson Griggs said the shutdown had kept the Securities and Exchange Commission […]
Nasdaq says the US government shutdown is paralysing the IPO market — and the huge bottleneck of firms waiting to go public is getting worse
Tech

Facebook is to democracy what smoking is to health, say tech experts — who think the cure is breaking up the social network

At the World Economic Forum’s Annual Meeting, some tech experts are embracing Salesforce CEO Marc Benioff’s comparison of Facebook to smoking . “The incentives to manipulate attention are all about preying on the weakest elements of human psychology,” Mark Zuckerberg’s former mentor Roger McNamee told Business Insider. McNamee and Jim […]
Facebook is to democracy what smoking is to health, say tech experts — who think the cure is breaking up the social network
Tech

Davos 2019 day one: Huawei chairman said trade war is slowing sales, Microsoft CEO talked tech’s impact on humanity

The world’s elite converged on Davos, Switzerland, this week for the World Economic Forum’s Annual Meeting. This year’s theme is “Globalization 4.0,” which promotes more inclusive societies and better protections for vulnerable communities. On Monday, Britain’s Prince William interviewed conservationist David Attenborough about the impact humans have on nature, and […]
Davos 2019 day one: Huawei chairman said trade war is slowing sales, Microsoft CEO talked tech’s impact on humanity
News

White House cancels US delegation trip to the World Economic Forum in Davos hours after throwing wrench into congressional trip to Afghanistan

President Donald Trump on Thursday canceled the US delegation’s annual trip to the World Economic Forum in Davos, Switzerland, “out of consideration” for the furloughed federal employees amid the ongoing partial government shutdown. Trump attended the forum in 2018 but was expected to send a delegation of senior US officials […]
White House cancels US delegation trip to the World Economic Forum in Davos hours after throwing wrench into congressional trip to Afghanistan