What's Interesting In Business News: Google Trends, Conferences, $GCI, Mifid2, Mobile, $JEF, Metrics, Spying, $NFLX, $IBM, 5G, $AMZN, $DB, $WORK
July 22, 2019 # 17
Is Google Trends a more important data set than most GAAP financial metrics?
Alternative Data to the Rescue of Financial Reports
Good insights on how to succeed at a conference. Well said.
Ten Ways to Get the Most out of Conferences
Suggestion for Newco Gannett:
1/ launch a paid newsletter service like substack
2/ offer to every journalist on the payroll to seed ecosystem
3/ build an amazing new media biz via
Gannett Closes In on Deal to Combine With GateHouse Media
T Rowe now pays for research from P&L globally.
FT show research spend decreasing amid Mifid2. Article does not explain that a big shift of this research spend is now for alt data and expert networks. Not to mention internal research staff. I would not be surprised if *real* research spend is up materially over past few years.
T Rowe Price latest fund manager to cover research costs globally
Mobile data is growing at 80% y/y and not slowing down. Has been accelerating in recent quarters actually.
Ericsson Mobility Report June 2019
Can Jefferies Asia be the new CLSA? Some smart moves by Jefferies.
Jefferies hires former CLSA chief Jonathan Slone as Asia chairman
Be careful what you measure for your business productivity. You may just get exactly that.
When targets and metrics are bad for business
Employers are tracking your client relationships, stress levels, number of useless internal meetings, attitude towards colleagues, when you come and go, and much more. And it still early days - lots more data to track.
The New Ways Your Boss Is Spying on You
Interesting explanation of how the hollywood studio model is being disrupted by Netflix's vertical integration strategy.
If you are interested in the IBM story, this is a worthwhile read. TLDR: The massive Red Hat acquisition is not the savior.
A Very Cold Take on IBM, Red Hat and Their Hybrid Cloud Hyperbole
Early WSJ tests of a 5G phone on multiple wireless networks show impressive real world speeds over 1GB. One day your mobile data plan could replace your home internet provider.
We Tested 5G Across America. It’s Crazy Fast—and a Hot Mess
An amazing deal with the devil.
Amazon introduces an innovative new business model which transfers ownership of successful 3rd party brands to Amazon. Amazon is getting much bolder in their ambition to own global consumer product commerce.
Amazon Offers Sellers a Leg Up, With a Catch
A clear explanation on why much of the crypto trading is fake.
For $15K, He’ll Fake Your Exchange Volume
Former head of IT at DB called the bank "the most dysfunctional company” she’d ever worked for"
Now DB is massively cutting IT spend. May be a smart move. Bigger is rarely better when it comes to tech.
Deutsche Bank Is Cutting Tech Spending as Digital Revolution Rages
The WSJ explains part of the value that research analysts provide in exchange for IPO and other i-banking business. But I am surprised that only 8 analysts picked up coverage of $WORK. I expect that number to be >20 within a year.
Was Slack Too Thrifty on Wall Street?