Robert Cyran, U.S. tech columnist, joined Breakingviews in London in 2003 and moved four years later to New York, where he continues to cover global technology, pharmaceuticals and special situations. Robert began his career at Forbes magazine, where he assisted in the startup of the international version of the magazine. Before working at Breakingviews he worked as a market researcher and reporter covering the pharmaceutical industry. Robert has a Masters degree in economics from Birmingham University and an undergraduate degree from George Washington University. Follow Rob on Twitter @rob_cyran
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The likes of Uber and Airbnb are rising fast. A new report projects, for example, the new breed of lodging services alone will grow nearly 20-fold over the next decade, to over $100 bln of bookings. Sharing is also cutting prices. The effects could elude official GDP figures.
One of the internet retailer’s biggest weapons against rivals has been fast and cheap delivery. The associated losses have been a clever marketing expense, driving revenue growth. Increased competition and delivery costs are blunting this edge - and dimming Amazon’s prospects.
There’s a dearth of executives with the financial, tech and government experience needed to help run a $400 bln company. Even fewer women fit the bill. Silicon Valley and Wall Street just can’t find enough Ruth Porats fast enough. The challenge is to create more like her.
- Biotech-insurer connection looks wildly premature
- Drugmaker IPO should ease any TPG anxiety
- Unicorn fantasy thrives at asset managers' expense
- Valeant's $11 bln bid may have scored two knockouts
- Intel is back to being downwardly mobile
- Valeant's mini-me turns into a hostile M&A rival
- Politicians can learn from Wall St's email snafus