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CEO corner

Why Nike selected a tech executive as its next CEO. The company has been investing heavily in tech and data analytics. It sees its new CEO leading it into a future focused on data-driven, direct-to-consumer sales.

Why Nike selected a tech executive as its next CEO

"Parker, who has been Nike's CEO since 2006 and has worked at the company for four decades, will become the company's executive chairman, according to the press release."

This is one of the most important parts; Nike needed Parker in some sort of capacity after he steps down as CEO for 13 years.

Why

"Parker, who has been Nike's CEO since 2006 and has worked at the company for four decades, will become the company's executive chairman, according to the press release."

This is one of the most important parts; Nike needed Parker in some sort of capacity after he steps down as CEO for 13 years.

Why?

Because Parker steered the company through countless potential disasters, from the gender discrimination mess in 2018 and the Kaepernick campaign backlash to their disservice to pregnant athletes. He didn't just address them; he fixed the problems, wiped out the bad actors, and managed to TRIPLE sales.

Parker is a heck of an architect.

Money, money, money

Live from the International Astronautical Congress

The business of travel

Marking 30 years of the web

The latest on Brexit

WeWork gets worse

SoftBank takes over WeWork. The board of the shared office company chose the Japanese conglomerate over a competing offer from JP Morgan, the Wall Street Journal reports. Co-founder Adam Neumann will lose control of WeWork—but get a $1.7 billion payout.

SoftBank to Boost Stake in WeWork in Deal That Cuts Most Ties With Neumann

Being a big fan of WeWork’s service, it is sad to see the devaluation hitting this level. Moreover, the payout to Adam N is beyond silly for a company that is going to need a major structural face lift.

WeWork is really a true unicorn: a creature that only was viable in the mind of Adam Neumann...

While I believe it might be possible to make the business model work through a greater focus on corporate customers, the governance and hubris on the company’s leadership and greedy backers quickly contributed

WeWork is really a true unicorn: a creature that only was viable in the mind of Adam Neumann...

While I believe it might be possible to make the business model work through a greater focus on corporate customers, the governance and hubris on the company’s leadership and greedy backers quickly contributed to unrealistic valuations.

And now SoftBank will have to live with the creature it helped create...

India's coal addiction

India’s hard push on renewables isn’t about climate change—yet. Quartz explores how India is meeting the challenge of providing increasing amounts of energy to its people while trying to lower its dependence on fossil fuels. ✦

India’s hard push on renewables isn’t about climate change—yet

Unlike the rest of the anglophilic world—Canada, the US, Australia, and the UK—India has never encountered a significant culture of climate-change denial. But the awareness of climate change in India hasn’t been high either. So the rise of renewables in India, which has been nothing short of spectacular

Unlike the rest of the anglophilic world—Canada, the US, Australia, and the UK—India has never encountered a significant culture of climate-change denial. But the awareness of climate change in India hasn’t been high either. So the rise of renewables in India, which has been nothing short of spectacular, has other motivations: from energy security to soft power.

Making immigration work

Time to get lost in a museum...

New York's MoMA has reopened and it's a whole new experience. After the 90-year old institution’s $450-million expansion, it’s now possible to get lost at the new “mega MoMA.” That’s a good thing.

It’s now possible to get lost at the new “mega MoMA.” That’s a good thing

MoMA used to be my favorite museum in New York and now it's my favorite by a long shot. Aside from a few placings that feel designed for content creation (👀 surrealist section), this expansion is forward-thinking and inspired.

... and come back soon

Close

Silicon Valley is starting to work on a “Plan B” to fight climate change

Read more on Quartz

From Our Members

  • In a dire report earlier this month, the UN said that we will need to deploy negative-emissions technologies capturing carbon dioxide from the air at large scale. Many of these technologies already exist, but scaling them up will require nothing short of a war effort. It’s like building the equivalent

    In a dire report earlier this month, the UN said that we will need to deploy negative-emissions technologies capturing carbon dioxide from the air at large scale. Many of these technologies already exist, but scaling them up will require nothing short of a war effort. It’s like building the equivalent of an oil and gas industry, which took 150 years to scale up, in a third of the time.

    That’s the kind of high-risk, high-reward challenge that appeals to Silicon Valley’s idealism.

  • The reliance on Silicon Valley to save the world is rather troubling. When are governments going to start taking the lead again?

  • The best way to deal with the CO2 in the atmosphere is not to put it there in the first place. That is conservation , efficiency, and renewables. The energy companies will adapt. That means buy into the new technologies. It is good to know that someone is thinking about how to remove it other than letting

    The best way to deal with the CO2 in the atmosphere is not to put it there in the first place. That is conservation , efficiency, and renewables. The energy companies will adapt. That means buy into the new technologies. It is good to know that someone is thinking about how to remove it other than letting nature put it into the oceans. Keeping my fingers crossed that the powers that be will take this seriously one day.

  • We'll make Mexico 🇲🇽 pay for it!

    But seriously, nuclear plants and similar industries should carry the lion share of the responsibility for not being part of the solution.

    That said, Incentives need be put in place to motivate polluters to partake in the conservation initiatives of Mother Earth

    We'll make Mexico 🇲🇽 pay for it!

    But seriously, nuclear plants and similar industries should carry the lion share of the responsibility for not being part of the solution.

    That said, Incentives need be put in place to motivate polluters to partake in the conservation initiatives of Mother Earth, and pick one they can implement sustainably. Waiving taxes for every Ton of Carbon emissions reduced.

    Those who falter beyond a set deadline of self compliance will face immeasurable penalties, such as termination of work license, fees and jail time.

    Humans have made herculean efforts when it mattered to their well-being, like building massive dames, and roads through mountains, bridges, and oil pipes that cross continents. Such a feat no matter how large, can be accomplished if the will of 'real' men exists.

  • In addition to space, climate change will surely become a hot area for investment but I think everyone wants to know when is the right timing, and seems like it is now from Y combinator initiatives.

  • It is not unprecedented for the business community to fix problems that the public sector fails to address. The question now is who pays? Climate security is a public good that should be funded by governments, but if the fail to do so, it will fall to citizens and companies.

  • If we were not cutting down rainforests around the world and engaging in wholesale deforestation this would not need a technological fix. I learned in 8th grade geography out of an even then out of date textbook, that the world’s rainforests were the lungs of the world. I cannot fathom why that seems

    If we were not cutting down rainforests around the world and engaging in wholesale deforestation this would not need a technological fix. I learned in 8th grade geography out of an even then out of date textbook, that the world’s rainforests were the lungs of the world. I cannot fathom why that seems to be a difficult thing to understand.

    Money in some offshore bank account, or a billion dollars in my hands is not breathable. My thought is that - and we say this jokingly but it is true - you can’t fool Mother Nature. So we are going to suck CO2 emissions out of the entire envelope of air surrounding the planet. I say we are tilting at windmills. We got trees for free. Our reliance on technology will not save us from our own undoing.

  • Yes, we are running out of time and thus options. However, we must evaluate possible unintended consequences.

  • We hear people proposing nuclear energy as a non-carbon-emitting solution. Memo to humans: When will you stop scattering lethal substances across the planet? There are plenty of clean energy solutions available—as China and the EU are demonstrating.