China says it has more patents than any country in the world, but many are worthless, according to a Bloomberg analysis. Most patents are discarded by five years, as patent renewal fees rise, indicating that they probably didn’t have much value to begin with. It’s another example of the unintended consequences of state economic policy. China has made going high-tech a priority and set up...
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Salesforce’s Pretend Co-CEO Arrangement
Marc Benioff has redefined the term co-CEO. As The Information reported earlier today, Bret Taylor, newly named co-CEO of Salesforce, will continue reporting to Benioff, his fellow co-CEO. So instead of the term meaning two leaders on equal terms, it now just means two people who work with each other in a boss-subordinate relationship. At this rate, Salesforce could give the co-CEO label to its...
Grab to Launch Biggest Debut of Southeast Asian Company on Nasdaq
India’s Ride-Hailing App Ola Plans IPO in First Half of 2022
Apple Warns Suppliers of Slowing Demand for iPhones
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