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Landmark EU General Court Google Android decision signals tougher antitrust enforcement

Google's biggest legal loss to date with a fine of € 4.125 billion - for how it exclusively bundled Google Search and other advertising into Android phones. Encouraging competition and innovation in markets requires determined work by regulators. "On 14 September, the General Court of the European...
Source: hausfeld.com

Morgan Stanley: Global oil supply likely to peak earlier than demand

"Global oil supply is likely to peak even earlier than demand, Morgan Stanley said in a research note, based on its analysis on current trends." What does this mean? Investment in new oil and gas is falling because of policies to phase it out. This means the supply of fossil fuels will peak (or has peaked)...

Stripe acquires Nigeria's Paystack for over $200 million to expand its footprint in Africa

Africa is a great opportunity for ecommerce in coming decades and Nigeria's Paystack has been growing fast. "Stripe is a San Francisco-based fintech startup that provides payments infrastructure for businesses. Its software and APIs are used by millions of companies of all sizes to accept payments,...
Source: techstartups.com

When anyone tries to predict what the financial markets will do just remind them that complex adaptive systems are tricky.

When anyone tries to predict what the financial markets will do just remind them that complex adaptive systems are tricky. "It is clear that the financial system exhibits all of the classic characteristics of a [Complex Adaptive System], with the consequence that analysis of the likely reaction of...
Source: ssrn.com

Good read. Animal Liberation by Peter Singer. A powerful book on animal rights written 40 years ago (updated 20 years ago

Good read. Animal Liberation by Peter Singer. A powerful book on animal rights written 40 years ago (updated 20 years ago and re-issued recently with an introduction by Yuval Hariri) and having stood the test of time and debate. It is called 'the bible' of the animal rights movement and rightly so ......
Source: amazon.co.uk

Biosimilar drugs could save up to $110 billion by 2020 - IMS : Lower-cost copies of complex biotech drugs, known as biosimilars,

Biosimilar drugs could save up to $110 billion by 2020 - IMS : Lower-cost copies of complex biotech drugs, known as biosimilars, could save the United States and Europe's five top markets as much as 98 billion euros ($110 bln) by 2020, a new analysis showed on Tuesday.
Source: reuters.com

The rise of the robots Excellent read but of a gloomy dystopian future where robots and software take over manual tasks

The rise of the robots Excellent read but of a gloomy dystopian future where robots and software take over manual tasks (as they already have done) and also skilled labour displacing even highly skilled jobs in time. Healthcare might survive a little longer but physicians assistants empowered by...
Source: amazon.co.uk