Demowp

Tag: Companies

  • Matters of Revenue: Meta Abandons Australia’s Media Stable

    It was praised to the heavens as a work of negotiated and practical genius when it was struck.  The then Australian treasurer, Josh Frydenberg, had finally gotten those titans of Big Tech into line on how revenue would be shared with media outlets for using such platforms as supplied by Facebook and Google. Both companies […]

  • There is No Chinese “Debt Trap” in Sub-Saharan Africa, According to the IMF

    This week’s News on China. Sources: • “IMF denies ‘debt trap,’” South China Morning Post, 24.10.2023 “‘Unimpeded trade’: China begins to deliver on US$10 billion promise to African businesses,” SCMP, 28.10.2023 • “China develops the ‘most advanced memory chip in the world’,” SCMP, 26.10.2023 “Xiaomi launches home-grown cross-device system with HyperOS, as US-sanctioned Huawei moves […]

  • The Angertainer Steps Down: Rupert Murdoch’s Non-Retirement

    One particularly bad habit the news is afflicted by is a tendency to fall into discussions about itself.  Its members, some of them at least, used to call it the “Fourth Estate,” an unelected chamber of scribblers supposedly meant to keep an eye on the other three, yet finding itself at times distracted, gossip-driven, and […]

  • Inverted Corporate Capitalism: Blocking Their Owner-Shareholders

    Inverted Corporate Capitalism: Blocking Their Owner-Shareholders

    It is the season of annual shareholder meetings for giant corporations when CEOs go through the motions of elections for their Board of Directors and approval of other resolutions. People who own stock in General Motors (GM) receive the “GM Meeting Information” in an envelope emblazoned with this disingenuous message: “Your Voice/Your Vote/Be Heard. Every […]

  • Laying Bare the Adani Group

    There is nothing Gautam Adani will not do for money. In this sense, he is admirably dedicated to greed, so much so he has become its foremost caricature worthy of permanent enthronement. Mark this man’s name in the scriptures of eternity: There was nothing he did not do for the filthy lucre. For the unfamiliar […]

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