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How AI Can Make Strategy More Human The power of AI is now within reach of all companies, opening up a new world of strategy innovation and enabling companies to leave the constraints of legacy architecture behind forever. Three new related high-potential strategies include: Forever Beta, Minimum Viable Idea (MVI), and Co-lab. This article explains each in detail, with examples of companies that are currently using them. Though their specific strategies are distinct, the companies share three important characteristics. First, their technology, business strategy, and execution are so closely intertwined as to be nearly indistinguishable. Second, humans — not machines — are in the driver’s seat. Third, these companies understand that all companies, no matter their industry, are now technology companies. But technology-driven business strategies require farseeing leaders. Those who are able to see opportunities at the new radically human nexus of people and technology will pre-empt disruption and seize the future.
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WorkWorkCan Netflix keep flexing its pricing muscle? - WSJ Third-quarter results from Netflix on Thursday show why the streaming pioneer remains the most investible name in a troubled media market. As its Hollywood peers are losing money or barely breaking even in streaming, Netflix delivered a $2.9 billion operating profit, making for a record high margin of 30% on a quarterly basis. Revenue and subscriber growth exceeded Wall Street’s expectations, as did the company’s forecast for the fourth quarter.
WorkChinas major commercial banks cut deposit rates again - WSJ China’s major commercial banks have cut their deposit rates for a second time this year, a move that could help ease pressure on lenders’ profits after officials lowered mortgage and lending rates as part of efforts to boost the economy. Work
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WorkKamala Harris questions Trump's stamina: 'Is he fit to do the job?'The Democratic nominee's message resonated with Richard Bandstra, who described himself as a "former Republican". Bandstra said he came to the rally to hear a message of hope - and, as he saw it, to fight for what he called the most important issue of the race: preserving American democracy. Work
WorkFluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup | TechCrunchRebecca Bellan covers transportation for TechCrunch. She’s interested in all things micromobility, EVs, AVs, smart cities, AI, sustainability and more. Previously, she covered social media for Forbes.com, and her work has appeared in Bloomberg CityLab, The Atlantic, The Daily Beast, Mother Jones, i-D (Vice) and more.Rebecca studied journalism and history at Boston University. She has invested in Ethereum. WorkInvestors bet on the power of light, diamonds in the trash, and more | TechCrunchThe startup world lost one of its own this week, as our former TechCrunch colleague Steve O’Hear passed away much too soon at the age of 49. The heartbreaking news also put into light how thankful many founders were for his support over the years. Our thoughts go out to his family, his friends, and his team at communications consultancy O’Hear & Co, which intends to live on and build on his legacy.
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WorkMorning Rounds: A STAT crossword, Atul Gawande, and hearing music with hearing aidsWhile Indian and Chinese Americans comprise the largest proportion of Asian-American physicians, Cambodian and Hmong Americans are largely underrepresented. Filipinx Americans make up more than half of Asian American nurses and nursing assistants, and Bangladeshi and Chinese Americans made up the largest proportions of home health aides. Overall, Asian Americans represented an estimated 22% of physicians, 10% of RNs, and 8.3% of home health aides. Work WorkSinwar's Death Was a Victory for Israel. But Can the U.S. Persuade It to 'Take the Win'?Nothing in his face-offs with Mr. Netanyahu suggests that the Israeli prime minister will take his advice or seize the chance to turn the military victories into a lasting political accomplishment. One of Mr. Biden’s senior aides said the administration’s concern was that the killing of Mr. Sinwar, and before him the killing of the Hezbollah leader Hassan Nasrallah, ratifies in Mr. Netanyahu’s mind his certainty that he was right to deflect American calls for de-escalation over the past few months. WorkWorkSinwar's Death Highlights Israel's Long Quest for DeterrenceThat view is also partly why Israel has shrugged off international condemnation of its campaign in Gaza, ignoring calls for a cease-fire. Since the Hamas-led attack of Oct. 7, 2023, that killed roughly 1,200 people, Israel has pursued the most devastating war in its history, killing tens of thousands of Palestinians and displacing roughly 2 million others. WorkLebanon Issues Rare Criticism of Iran Over 'Blatant Interference'Mr. Mikati has repeatedly affirmed his government’s commitment to the full implementation of the U.N. agreement in an attempt to bring an end to the violence in Lebanon that has killed thousands and displaced over one million. However, Lebanon’s crisis-racked caretaker government is deemed largely powerless to rein in Hezbollah. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkTrump overcharged Secret Service by 300% for accommodations at his hotelsTrump sold the lease on the 263-room hotel, known as the Old Post Office building, in 2022 to a Florida-based investment group, CGI Merchant Group. Since the hotel reopened as a hotel in the Waldorf Astoria chain in June 2023, spending by Republican groups there has cratered, according to a report by Citizens for Responsibility and Ethics in Washington, an oversight group that sued Trump over emoluments issues. WorkWorkMarjorie Taylor Greene Continues Her Stock-Buying Bonanza; Here Are 6 Stocks She Just BoughtRandi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Applied Materials, Costco Wholesale, Lam Research, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy. WorkWorkWorkWorkWorkWorkWorkThese 4 Vanguard ETFs Are All You Need for a Well-Rounded Stock PortfolioStefon Walters has positions in Vanguard Index Funds-Vanguard Mid-Cap ETF, Vanguard Index Funds-Vanguard Small-Cap ETF, Vanguard S&P 500 ETF, and Vanguard Total International Stock ETF. The Motley Fool has positions in and recommends Vanguard Index Funds-Vanguard Mid-Cap ETF, Vanguard Index Funds-Vanguard Small-Cap ETF, Vanguard S&P 500 ETF, and Vanguard Total International Stock ETF. The Motley Fool has a disclosure policy. WorkMicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245Benchmark believes MicroStrategy’s business model justifies the premium to NAV and that traders should focus on the company’s BTC Yield. Introduced by Saylor and team earlier this year, Bitcoin Yield tracks the effectiveness of bitcoin investments by measuring the percentage change over time of the ratio between MSTR’s bitcoin holdings and its fully diluted share count. The Bitcoin Yield stood at 17.8% through September 19 compared to 1.8% and 7.3% in 2022 and 2023, respectively, according to Benchmark’s data. WorkWhat's Going On With Nokia Stock On Friday?Prior reports indicated Nokia’s plans to replace Lundmark because he failed to drive revenue for the company. However, the company snubbed the report and acknowledged their faith in Lundmark’s leadership. WorkWorkLucid Group announces pricing of public offering of common stockLucid Group announced that it priced its underwritten public offering of 262,446,931 shares of its common stock. The public offering is expected to close on or about October 18, 2024, subject to customary closing conditions. BofA Securities is acting as the sole underwriter for the public offering. In addition, Lucid has entered into an agreement with its majority stockholder and affiliate of the Public Investment Fund, Ayar Third Investment Company, pursuant to which Ayar has agreed to purchase WorkAltman-Backed Nuclear Stock Doubles in Value on AI Power DemandThe group, however, is restricted from selling their stock. Under the current terms of the SPAC deal, the four investors can’t sell the more than 40 million combined shares until a three-year phased lock-up expires. But there is a caveat to that limit. If the stock can hold above pre-determined levels — from $12 to $16 — for 20 of 60 trading days, then chunks of their positions would be available to cash in. WorkSales from controversial drug discount program rose to $63 billion last yearSince it began more than 30 years ago, the program has ballooned and fed into the national clash over the cost of medicines. Some $38 billion in prescription medications were purchased under the 340B program in 2020, for instance, which was up from $16.2 billion in 2016. And this fast-paced trajectory has triggered a battle between the pharmaceutical and hospital industries. WorkRFK Jr. alarms leaders in health, even many in GOPSarah Owermohle reports on the administration’s health care initiatives, federal health policy, and its intersection with politics and the courts. She joined STAT in 2022 after covering health policy at Politico. She is also the co-author of the free, twice-weekly D.C. Diagnosis newsletter. WorkUp and down the ladder: The latest comings and goingsAnd here is our regular feature in which we highlight a different person each week. This time around, we note that Aligos Therapeutics hired Hardean Achneck as chief medical officer. Previously, he worked at Pliant Therapeutics, where he was senior vice president and head of clinical development. WorkWhat the U.S. election could mean for Medicare, drug pricing, and AINo matter who takes the White House, Tripathi faces significant constraints in regulatory power and budget. Given these limitations, Tripathi has touted public-private partnerships and suggested that health care provider groups will ultimately be responsible for their use of AI. WorkPotential competition for RSV prophylactic BeyfortusSome of the political proposals meant to lower drug costs for patients could ultimately harm innovation, jobs, and the U.S. lead in the biopharmaceutical sector, opines Fritz Bittenbender, a top executive at Genentech. He advocates instead a longterm bipartisan approach to improve affordability — such as the 340B Drug Pricing Program, a 1992 safety-net program designed to help support vulnerable patient populations. WorkCVS Health replaces CEO as it faces a range of challengesJoyner was previously the president of CVS Caremark, the company’s pharmacy benefits manager, and executive vice president of CVS Health. He’s spent most of his career at CVS and the companies it went on to acquire, including Aetna, the insurer now owned by CVS. The company said Lynch stepped down “in agreement” with the company’s board. |
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