Cash Crunch Clouds Future for Oil Firms

The world’s biggest oil companies are struggling to generate enough cash to cover their spending and dividends, despite efforts to slash billions of dollars from their budgets in the face of tumbling oil prices. Spending on new projects, share buybacks and dividends at four of the biggest oil companies known as the supermajors— Royal Dutch Shell PLC, BP PLC, Exxon ... Read More »

The future of land warfare

In today’s U.S. defense policy debates, big land wars are out. Drones, cyber weapons, special forces, and space weapons are in. But what happens if we bet too heavily on these battlefield changes? Both historical and present day concerns argue that it’s not so easy to declare an end to large and messy land wars and other operations. In his ... Read More »

The Unsettling Future of Facial Recognition

The first time I witnessed a camera detect a face to aid the autofocus system, I was amazed. In part because the technology seemed magical and the highlighted rectangle tracking faces seemed like science fiction, and in part because I seem to possess a talent for taking out-of-focus photos. The first time I used Apple Aperture’s facial recognition, I thought ... Read More »

Comcast’s Past, Present and Future

How to spur growth when your traditional industry is shrinking? Dominate, cross sell, and acquire well. The most impressive accomplishment an established company can achieve is growing when its core business has slowed. At the Fortune Global Forum this week in San Francisco, a recurring theme has been how many champions have lost the fight over time. Chip Bergh, CEO ... Read More »

Mobility, cloud to define the future of computing: Nadella

Mumbai: Building new types of computers, constructing an intelligent cloud and helping companies increase productivity are the three “interlocking ambitions” he wants Microsoft Corp. to pursue “boldly”, CEO Satya Nadella said in a conversation on Thursday. Nadella wants Microsoft to help companies reinvent their productivity and business processes with the help of tools like OneNote, Windows 10 and Office 365. ... Read More »

Toyota bets the future car will be fuelled by hydrogen

  ©Bloomberg A Toyota worker checks a Mirai fuel-cell vehicle on the production line of the company’s Motomachi plant Toyota showed off a special version of its new Mirai saloon this week to celebrate Back to the Future day. The Japanese carmaker’s take on the time-travelling DeLorean from the popular movie series has the trademark gull-wing doors and the same, ... Read More »

Let’s move on from past, says Shinzo Abe as China and Japan agree on system to avoid East China Sea clashes

Japanese Prime Minister Shinzo Abe called for high-level dialogue with his Chinese counterparts as he told a top diplomat from Beijing that China should move on from “unfortunate past history”. As State Councillor Yang Jiechi yesterday concluded a two-day visit to Japan, the two neighbours agreed to launch a crisis management mechanism to prevent unintended clashes in the East China Sea ... Read More »

Corgis? No, the Queen has a secret passion for Labradors and has owned up to 20 of the breed, claims new book

A new book claims the Queen has up to 20 of Britain’s most popular breed and even ordered special adaptations to be made to her Land Rovers to deal with the dogs’ steamy foggy breath. ‘Private love’: The Queen may be well-known as a fan of the corgi, but according to Ben Fogle her real love is the labrador. Pictured ... Read More »

Hong Kong and youth politics

Jessica Chow-Lau and Candice Chau argue that Hong Kong needs more political involvement if anything is to change With royal carriages, red carpets, and grand banquets, Britain’s welcome of Chinese President Xi Jinping was hospitable to say the least. Chinese students queued for hours in the cold for a chance to meet their beloved leader—others were less thrilled. Or rather, ... Read More »

Why the future of newspapers is not all doom and gloom

It’s disappointing to see you paint such an unremittingly gloomy picture of the prospects for newspaper brands, largely ignoring the innovation taking place across the industry, not least at your own organisation (Media, 19 October). Martin Sorrell, chief executive of WPP, the world’s biggest advertising group, said at the Society of Editors’ conference that more and more people are recognising ... Read More »