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One of the foundational academic works business students read and discuss is George Akerlof’s 1970 paper, “The Market for ‘Lemons.’” Akerlof, a Nobel Prize winner, described a problem in the used car market: Buyers have less information about the quality of the car than sellers do. They can’t see the defects in low-quality used cars, or “lemons.” This leads the buyer to assume all used cars are of roughly average quality, hurting the sellers of high-quality used cars. One lesson is that these information ga
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The Information
In this article, we discuss how the key to brand success lies in not ‘chasing trends,’ but embracing an agile, data-driven approach that prioritises real-time insights and responsiveness. Connecting with consumers in a meaningful way Today’s brands, in and outside of Southeast Asia, face a constant challenge: Cutting through the noise and connecting with consumers... Read more » Read more ›
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Protect your home against dust, pets, allergies, and more with air purifiers tested firsthand by WIRED. Read more ›
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US car prices would rise by over $2,000 if President-elect Donald Trump pushed ahead with tariffs on Canada and Mexico, Wells Fargo said in a note. Read more ›
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From Super Mario Party Jamboree to The Legend of Zelda: Echoes of Wisdom, these are our absolute favorite escapes for the best portable console. Read more ›
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You’d be hard-pressed to find a better tablet for $249.99 than the 10th-gen iPad. | Photo by Dan Seifert / The Verge Apple may have announced a new iPad Mini just over a month ago, but if all you want is a basic tablet for entertainment purposes, it’s probably not worth forking out $499 for Apple’s latest tablet. In fact, unless you’re clamoring for Apple Intelligence or a pint-sized form... Read more ›
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Realme has been teasing the Neo7 for the past few days, and today, the brand announced the Neo7 will be unveiled on December 11 in China at 4 PM local time. Realme's Weibo post said the Neo7 "will be released with flagship-level durable performance, amazing durability, and full-level durable quality, sweeping the mid-range!" All this is machine-translated from Chinese, but it gives us a fair idea about how Realme wants... Read more ›
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I bought Forspoken on PS5 for £5. I didn't want to play Forspoken at all, but I had £5. Forspoken on PS5 has sat on my desk (complete with character cards) sealed since November 17, 2023. Yes, this was a waste of £5. I'm an idiot who does stuff like this (glances over at a shelf full of Mega Drive games I can't play as I don't own a Mega... Read more ›
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It’s like getting gift after gift: Samsung is making this premium smartwatch more accessible than ever before. Read more ›
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The Duet 11 is perfect for both work and play, and its compact, lightweight design makes it ideal for commuting or travel. Plus, it's surprisingly affordable, especially during Black Friday sales. Read more ›
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The TSA said the individual made it through security and two checkpoints at JFK before getting on the plane. Delta said it was investigating. Read more ›
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Chinese companies aggressively recruiting personnel from ASML and Zeiss to build their own wafer fabbing equipment. Read more ›
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Record numbers of plastic industry lobbyists are attending global talks that are the last chance to hammer out a treaty to cut plastic pollution around the world. From a report: The key issue at the conference will be whether caps on global plastic production will be included in the final UN treaty. Lobbyists and leading national producers are furiously arguing against any attempt to restrain the amount that can be... Read more ›
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A Nvidia sales lead said in an email to colleagues that Musk's demand for chips was straining the company's supply chain, per The Wall Street Journal. Read more ›
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Discover the PC platform's best seasonal deals and find out how to save money. Read more ›
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Apple today shared its annual holiday season ad. The video is titled "Heartstrings" and highlights the new hearing aid feature on AirPods Pro 2. "For so many of us, sound and how we hear shape how we connect to the world around us," said Apple, in the video description. "Yet, people with hearing loss wait an average of 10 years before getting their hearing tested and fitted for hearing aids.... Read more ›
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The Tesla rival was granted a $6.6 billion loan from the Department of Energy to restart construction of a stalled EV factory in Georgia. Read more ›
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The Information
Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
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Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
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OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
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If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
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OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
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Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
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Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
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Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›
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For several years, a favorite tactic of progressives agitating against social media and conservative news outlets has been pressuring marketers to pull their ads. Advertisers have frequently gone along with those campaigns, fearful of the negative publicity associated with their ads appearing on controversial sites. That’s starting to change. Marketers have begun to distance themselves from industrywide efforts to guard against worrisome content. Some are even reducing spending on brand... Read more ›
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Most popular sources
Tech Wire Asia
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28% 21 |
Business Insider
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22% 3 |
CNET
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8% 4 |
Gizmodo
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5% 0 |
Eurogamer.net
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5% 1 |
| View sources » | |
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28.11.2024 11:38
Last update: 11:31 EDT.
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