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An illustration of a highly efficient product assembly line with workers and automation.

Tim Cook’s Succession Is a Stress Test of Apple’s Governance

Tim Cook will eventually leave Apple. The exact timing — whether next year, 2026, or sometime after — isn't actually the most compelling detail anymore. What's truly interesting is that Apple has subtly transitioned from debating "if" he'll depart to figuring out "how&

An illustration of an algorithm processing different types of reviews and prioritizing those from tourists.

The Tourist, the Local, and the Lying 4.7‑Star Average

Tourist “uplift” in restaurant ratings is a clean example of how mismatched user motivations warp data, mislead algorithms, and quietly push locals out of trusting and participating in platform feedback systems.

An illustration of a fast-food franchise owner looking stressed while examining finances in a kitchen setting.

The Five Dollar Desperation Play

I watched a man count out change for a McDouble last week. Quarters, dimes, and nickels spread across the counter as the line behind him shifted from foot to foot. The cashier waited, steady as a rock. Twenty years ago, that same guy would have flashed a twenty and told

An illustration of a chess board with a large rook piece dominating smaller pawn pieces, symbolizing the bank's strategic advantage over fintechs.

JPMorgan’s Quiet Checkmate on Fintech Data

Power rarely announces itself. It slips in quietly, rewrites the rules, and sends you a fresh bill. That's what JPMorgan Chase did in its long clash with fintech firms over access to customer data. CNBC reports that the bank has now struck deals that ensure it gets paid

A stylized illustration of an unstable stack of 'AI' blocks on a platform edge, with small insect-like figures at the bottom.

The Rational AI Bubble and Its Cockroaches

If you hang around markets long enough, you start hearing a certain shrug in the voices of the people who frequent them. Of course it ends in tears, they say, about whatever’s currently up and to the right. The only questions are where the tears will land and how

An illustration of a central glowing AI core rapidly deploying many identical and varied digital attack tools or phishing lures outwards, representing a force multiplier.

Anthropic’s Cyber Frankenstein

Anthropic has disclosed what it calls the first reported case of foreign hackers using a commercial AI system to direct a largely automated hacking campaign, a finding its researchers link to the Chinese government. AP reports that the operation used Claude, Anthropic’s AI system, to help scope targets and

An illustration of a person at a crossroads, choosing between a path for short-term efficiency and another for long-term innovation.

Moderna’s $900 Million Cut: Who Shoulders the Risk When the Incentive Shifts?

Starting where most biotech investors instinctively begin, with the question about what the spreadsheet can’t tell you. Moderna’s move to trim $900 million from its 2025 cash-cost guidance isn’t just a CFO flex or a late-night slide for the finance team. It reads like a public map