The idea that companies exist solely to produce shareholder value can be traced to a 1970 editorial by Milton Friedman. Writing in Forbes, Steve Denning calls this The World's Dumbest Idea, and gives pretty comprehensive evidence to support that notion: "As often happens with bad ideas that make some people a lot of money, shareholder value caught on and became the conventional wisdom."
Shareholder value: world's dumbest idea
Boeing blowout cost United Airlines $200m
United Airlines blamed the door plug blowout on a Boeing 737 Max jet for a dismal quarter, saying the incident cost it $200m—and it wasn't even on a United Airlines… READ THE REST
This sci-fi author had a secret life as psychological warfare mastermind
A celebrated science fiction author who spun wild tales of subversive cat women and psychic sex parties led a shocking double life — as the military mastermind behind America's psychological… READ THE REST
New York City's AI chatbot advises businesses to steal tips from workers
In October, New York City set up a chatbot that uses the wondrous, labor-saving power of Artificial Intelligence to provide information to business owners in the city. But the Microsoft-powered… READ THE REST
Save $169 on a lifetime license to Microsoft Windows 11 Pro and never look back
TL;DR: Revamp your digital world with this incredible lifetime license to Microsoft Windows 11 Pro, with its seamless interface and top-notch security, for only $29.97 (Reg. $199) until 11:59 PM on 1/07.… READ THE REST
Upgrade your tech for the new year with this refurbished iPad Pro, less than half price right now
TL;DR: Save over $350 on a refurbished Apple iPad Pro 10.5" 256GB, plus a free accessories bundle, with this sweet deal on sale for just $315.99 right now. Tech fans, it's time… READ THE REST
Make your rockstar dreams a reality for only $15.97 with this Guitar Lessons Training Bundle
TL;DR: The perfect last-minute holiday gift for an aspiring rocker, the 2024 Guitar Lessons Training Bundle is only $15.97 (Reg. $480) until 11:59 PM on 12/25. It's really never too late to make… READ THE REST
