This month, snack-maker Mondelez International made a 23 billion USD bid for chocolate company Hershey that would create the world’s largest candy maker. Update: Mondelez walked away from the deal on 30 August after Heshey rejected raised offer. Then Danone paid 10,4 billion USD for the takeover of US organic-foods producer WhiteWave Foods and two days ago Unilever acquired Dollar Shave Club for 1 billion USD …

Building a successful business is more difficult than building an innovative solution Every new entrepreneur who has not spent years in corporate life has the advantage of an unbiased look at business opportunities, but at the same time has the disadvantage of missing critical business experiences that can cost them dearly in their first startup venture. Let’s face it: Most …

Sometimes the world is not yet ready for new technologies to enter the fray. Virtual reality, for example, sat on the sidelines for many years. The industry went into hibernation around the time of the Dot Com Bust, and it has only recently re-emerged with promise. It is only today that big companies like Microsoft, Google, Samsung, HTC, and Facebook …

In 1950, when the global economy was struggling to recover from World War II, Venezuela had a GDP per capita of 7’425 USD, making the oil-rich South American nation, the world’s fourth-wealthiest country, exceeded only by the United States, Switzerland and New Zealand. Venezuela’s per capita income then was nearly four times higher than Japan’s (1’873 USD ), almost 75% …

A sniper in Dallas, a widespread famine in Venezuela, constant terror-threats in France and a military attempt to take over the control of Turkey: A few events just from this week-that demonstrate how fragile life conditions for many have become. So when the discussion about ‘the best places to live’ comes up, this could change quickly, but one of the …

New businesses often struggle finding their first customers. The challenge is even more difficult with startups in the sharing economy that launch as platforms connecting independent service providers with consumers. Take Uber. Its platform is two-sided, connecting people who need rides with people who have rides to offer. (Same ideas as Airbnb, which connects people needing rooms with home-owners). So …

As automation technologies such as machine learning and robotics play an increasingly great role in everyday life, their potential effect on the workplace has, unsurprisingly, become a major focus of research and public concern: Which jobs will or won’t be replaced by machines? First, the technical potential for automation differs dramatically across sectors and activities, according to a publication in McKinsey …

You don’t have to work on Wall Street or Silicon Valley to earn a fat paycheck. There are many other jobs that also pay 100’000 USD/year or more.  For many of these jobs, total pay is highly dependent on the base salary. But for other jobs, a big part of employees total pay is earned through other forms of compensation (i.e. …

The human brain is capable of 1016processes per second, which makes it far more powerful than any computer currently in existence. But that doesn’t mean our brains don’t have major limitations. The cheap calculator can do math thousands of times better than we can, and our memories are often less than useless  – plus, we’re subject to cognitive biases, those annoying glitches …

Today – all around the modern world, ‘Tesla‘ has become a synonym for elegant, electric vehicles produced in Silicon Valley. The name of the company is no coincidence.. It’s a tribute to Nikola Tesla a brilliant Serbian-American engineer, physicist, electrical engineer and inventor. It’s worth to know, that Tesla-CEO Elon Musk had nothing to with this choice – and he probably wouldn’t …