The Greatest Tech Businesses Aren't Really Tech
Uber, Facebook, Amazon, Snapchat -- they're all 21st-century success stories, but their appeal has less to do with engineering or product design than you might think. Leonid Bershidsky points to a new social model for understanding Silicon Valley success.
"Heavy-Metal Markets" Have Worrying Echoes of 2006
An old metalhead joke goes like this: The key to good heavy-metal music is making everything louder than everything else. Music fan Mark Gilbert sees something similar happening in the markets now, as returns on stocks and bonds are rising simultaneously -- and it could presage something disturbing.
Europe's Wave of Migration Has Brought Too Many Men
Or too few women, depending on how you look at it -- just 27 percent of refugees are female. More immigration could solve the problem, but would it create new ones? Megan McArdle considers two potential outcomes.
A Geopolitical Spat Won't Hurt China's Love for K-Pop
South Korea's decision to host a U.S. missile-defense system has infuriated China, and K-Pop stars are caught in the crossfire. But Adam Minter says the backlash won't last long -- because Korean artists speak too well to Chinese aspirations.
Why #NeverTrump Republicans Are Also #NeverGaryJohnson
This should be the Year of the Libertarian, but Republicans don't seem tempted: The party's candidate, Gary Johnson, is still polling in the single digits. Eli Lake explains why the former Republican and onetime governor isn't riding high on disaffected conservatives' support.
- The Greek crisis: an autopsy (VoxEU)
- Is active management dead? Not even close (CFA Institute)
- How Trump's presidential campaign is affecting his businesses (Foursquare/Medium)
(Read Barry Ritholtz's full daily news roundup.)
- Google and Facebook killed free media
- Valeant must do more than not be awful
- Emerging-markets debt mania threatens to burn itself out
(Read more from BV's sister site for fast business commentary.)
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