Desperate efforts by governments to widen the socio-economic factors in Africa are likely to become a fiasco if adequate attention is not given to creative successful entrepreneurs.
Maybe it’s time to do away with corporate social responsibility (CSR).
Not merely the words and the idea but the infrastructure: CSR departments, CSR reports, CSR conferences and CSR executives.
In 1995, I published a book called The World After Communism. Today, I wonder whether there will be a world after capitalism.
The game is up for Rupert Murdoch. The head of News Corp has held sway over Britain’s media industry for a generation. Prime ministers have feared and feted him. He has outwitted regulators and outgunned rivals. Now, suddenly, it is all unraveling. The media mogul has lost his touch. These things happen.
Rupert Murdoch, chairman of News Corp, has strongly backed Rebekah Brooks, the executive at the centre of a phone-hacking scandal, even as he denounced the “deplorable and unacceptable” behaviour at the News of the World.
Over the July 4 holiday in the U.S., the Fox News Twitter account was attacked by hackers who left six tweets saying that President Obama had been shot to death in Iowa. Apple was also attacked over the weekend with a tweet directing readers to a list of user names and encrypted passwords from the Apple Business Intelligence web site. Citibank, Sony and even the CIA have also suffered data breaches in recent months, drawing renewed attention to cyber security and accelerating policy debate on how to protect critical information from hackers.
Guest blogger Kait Vinson writes:
There has been a lot of buzz recently about the future of marketing and social media. The emergence of social media networks and social media managers has been in astounding numbers. I did a little research as to why this was happening at such as rapid rate and this is what I found.
Capital is fuel for changing the world in the social capital market. Do-gooders often look upon capitalism with horror as a wild force of nature. But capital is not untamable: it is a tool that we created, and that can be put back under our control. To paraphrase the proverb: the past decade has shown us that those who seek money without meaning are dangerous, but those who seek meaning without capital are limited in their ability to scale.
An NYT media column by David Carr reviews former L.A. Times editor James O’Shea's new book “The Deal From Hell: How Moguls and Wall Street Plundered Great American Newspapers.”
The book focuses largely on the deal that lead to Sam Zell's disastrous takeover of the Tribune Company -- which owned the Chicago Tribune and L.A. Times among many others and is now in bankruptcy -- in 2007.
Whoa. Everyone’s least favorite troubled baseball team, the Los Angeles Dodgers, just filed for bankruptcy protection, as Deal Journal colleague Matt Futterman is reporting.
CLICK HERE to read the Dodgers bankruptcy court filing.