Apple iPhone sales in India are expected to have fallen dramatically this year to two million, from three million phones last year. Reuters reports that at the peak shopping season, in Diwali, Apple stores were deserted. This occurred in the world’s fastest-growing market, in which smartphone sales are increasing often by more… Read More
When Western companies moved manufacturing to China, it was all about minimizing costs. China was a developing country with labor costs among the lowest in the world. It also offered massive subsidies and readily turned a blind eye to labor abuse and environmental degradation.
Today, China is the world’s second-largest economy… Read More
Facebook’s woes are spreading globally, first from the U.S., then to Europe and now in Asia. A study by researchers at the University of Warwick in the U.K. has conclusively established that Facebook has been fanning the flames of hatred in Germany. The study found that the rich and the poor, the educated and the uneducated, and those… Read More
Learn all you can from the entrepreneurs of Silicon Valley but don’t become like them. This was my advice to a group of 91 Indian students who are visiting here on a program sponsored by Rajasthan Chief Minister Vasundhara Raje. In a talk I gave this weekend, I encouraged them to take home the Valley’s optimism and culture of openness… Read More
Steve Jobs wanted to build an electric car as far back as 2008. In 2014, Tim Cook reportedly funded the project. To date, though, Apple has had little to show for it, and the rumors are that its electric vehicle will launch as late as 2025— long after such things become common commodities. Google has already had self-driving electric… Read More
Silicon Valley well exemplifies the saying “The more things change, the more they stay the same”. Very little has changed over the past decade, with the Valley still mired in myth and stale stereotype. Ask any older entrepreneurs or women who have tried to get financing; they will tell you of the walls they keep hitting. Speak to VCs,… Read More
In the 1930s, psychologist B.F. Skinner put rats in boxes and taught them to push levers to receive a food pellet. The pushed the levers only when hungry, though. To get the rats to press the lever repeatedly, even when they did not need food, he gave them a pellet only some of the time, a concept now known as intermittent variable rewards.… Read More
In a videoconference hosted by Indian startup media publication Inc42, I gave entrepreneurs some advice that startled them. I said that instead of trying to invent new things, they should copy and steal all the ideas they can from China, Silicon Valley and the rest of the world. A billion Indians coming online through inexpensive… Read More
WhatsApp differentiates itself from Facebook by touting its privacy and end-to-end encryption. “Some of your most personal moments are shared with WhatsApp”, it says, so “your messages, photos, videos, voice messages, documents, and calls are secured from falling into the wrong hands”. A WhatsApp founder expressed… Read More
For the past 30 years, most of us around the globe have welcomed modern technology with few questions and fewer reservations. We have treated each new product as a “solution” and paid little attention to its accompanying problems.
The past six months, though, has seen a rapid change of opinion in the United States, … Read More