Business News Weekly ─ December 31, 2018

“Colleges widen gap-year opportunities” from an article in the Wall Street Journal. This is new to me, where colleges are offering financial aid to entice admitted students to stay away for a year. Duke said it would begin giving $5000 to $15,000 to a few dozen admitted students with compelling plans. The idea is these people can get some real life experience before being engrossed totally in the academic world.

“Millennial’s are changing remote work” ─ from an article in LinkedIn. Improving technology and changing expectations of work and family from millennials are giving rise to a new office arrangement: the co-living/co-working space, often the beach, but always somewhere far away. Leading the change are companies like Salina. Outside and Roam, which are offering free coffee, fast Internet, a kitchen and quite spaces.

“Mining lags in using AI” from an article in the Wall Street Journal. Although the chairman of Barrick Gold Corp. made a bold prediction last year with the hope of artificial intelligence and other digital tools, the world’s largest coal miner, technology company that just happened to be in mining. A year later Barrick has parted ways with their chief innovation officer, chief digital officer and many of the team vested to do this. Even the big guys stumble.

“Russian trolls hit US businesses” from an article in the Wall Street Journal. I thought we finally passed laws to protect small businesses from American trolls. Now the Russians? I had some experience with this a few years ago where a legal organization comes to steal technology from a small company, that cannot afford to get patents and trademarks. The outsider then puts up the expense to do this and then goes back on a blackmail basis to the small company and forces them to pay for using their own technology.

“How to corral the unicorns”by John D. Stole” from an article in the Wall Street Journal. The parade of unicorns entering the stock market turned in to a stampede, with tech companies listed at the fasted pace since dot-com boom. It goes on to say tech companies need time limits on complex tools – class shares structures that create separate tears of stockholders and firms, to make sure founders are held accountable.