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Secretive Russian billionaire vents to US conservatives
News, Leonid Bershidsky, Published on 13/03/2018
» It's not every day that a Russian billionaire submits a op-ed piece to the Daily Caller, the conservative US website. When the billionaire in question is as media-shy as Oleg Deripaska, something extraordinary is going on. As the unfortunate recipient of an oversized role in the "Trump-Russia" scandal, he has had enough and is not quite sure how to defend himself.
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Authoritarian cryptocurrencies are on the march
News, Leonid Bershidsky, Published on 18/10/2017
» With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?
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Elon Musk doesn't need more sleep, he needs better sleep
News, Leonid Bershidsky, Published on 22/08/2018
» Last week, Arianna Huffington said Elon Musk's lack of sleep is impairing his performance. "The science is clear," she wrote after Tesla's chief executive officer told <i>The New York Times</i> that he works 120 hours a week, leaving him with little time to rest.
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Twitter struggling to engineer healthy conversation
News, Leonid Bershidsky, Published on 05/03/2018
» Facebook's self-regulatory contortions in the wake of fake news and trolling scandals have gone on, with little visible effect, for months. Now Twitter founder and Chief Executive Officer Jack Dorsey has announced his company is going to try a different tack -- but Mr Dorsey's approach is arguably even more far-fetched than his Facebook peer Mark Zuckerberg's: It's an attempt to view Twitter's social mess as an engineering problem.
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Digital currencies can hurt the US
News, Leonid Bershidsky, Published on 06/12/2017
» Venezuelan President Nicolas Maduro's announcement that the Latin American country will issue a cryptocurrency called the petro to overcome a "financial blockade" by the US probably mirrors the thinking of other maverick regimes. The possibility of sanctions-busting, and generally finding a way to work outside the Western-dominated global financial system, makes cryptocurrencies attractive to non-Western nations, and the more so to rogue regimes.
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No, separatism isn't the continent's next major crisis
News, Leonid Bershidsky, Published on 03/11/2017
» Those who are always on the lookout for the next European crisis -- Brexiters not least among them -- have latched on to Catalonia's symbolic "secession" as another sign that Europe isn't working well. The Catalan events, however, merely confirm that today, Western European countries are secession-proof -- too fat to fail. Belgium, the country where ousted Catalan First Minister Carles Puigdemont is hiding out from prosecution (or, to Catalan secessionists, leading a government in exile) is another example.
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Political correctness won't help sort out Uber's woes
News, Leonid Bershidsky, Published on 16/06/2017
» There's a disconnect between the way Uber, the ride-hailing company, is trying to transform itself and what it really needs to fix to become a sustainable business. Instead of reconsidering its business model and protecting itself against a regulatory backlash, it has decided to go politically correct.
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The mundane radicalism of terror
News, Leonid Bershidsky, Published on 22/06/2017
» The UK tabloids hesitated about what to call the white driver of a van who crashed into a crowd of worshippers at the Finsbury Park mosque in London on Monday. But Harry Potter author JK Rowling tweeted furiously that he was no less a terrorist than the perpetrators of recent Islamic State-inspired attacks.
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The new Saudi Arabian heir is a dangerous man
News, Leonid Bershidsky, Published on 23/06/2017
» The abrupt change in Saudi Arabia's line of royal succession will probably help maintain the House of Saud's sway over its 31 million people, 70% of whom are under 30. It is, however, a dangerous move in the context of a new Big Game unfolding in the Middle East, which involves the US, Russia and local players.
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Forcing the EU to make a bold move
News, Leonid Bershidsky, Published on 03/03/2017
» In trademark EU style, European Commission President Jean-Claude Juncker outlined a vision for the bloc's future on Wednesday by presenting five of them. While some will see an attempt to shape the agenda without taking responsibility, it sounded more like an impatient call for members to find the courage to rally around an actual strategic decision.
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