Business COVID 19

Tristan Walker reflects on what he’s learned as a Black entrepreneur

Good morning. Tristan Walker is a rarity—a Black entrepreneur who successfully raised $40 million dollars from Silicon Valley to start his own company, which makes health and beauty products for people of color. He also earned a spot on Fortune’s World’s Greatest Leaders list in 2019. This week, he was Ellen McGirt’s and my guest […]

Business COVID 19

Does Elon Musk answer to anyone?

Good morning. The price of bitcoin hit a new high Tuesday morning, rising above $47,000 for the first time in its history. That was driven by Monday’s revelation that Tesla purchased $1.5 billion of the cryptocurrency to hold on its books. As we reported yesterday, Fortune’s Shawn Tully has questions about the wisdom of that purchase. But I’m […]

Business COVID 19

Cyberpunk 2077 maker refuses to play ransomware attacker’s game

Good morning. David Meyer here in Berlin, filling in for Alan. What should you do if you get attacked by online extortionists? If you’re CD Projekt, the Polish studio behind the Witcher games and recent blockbuster Cyberpunk 2077, the answer to the ransomware threat is openness. This morning, CD Projekt announced on Twitter that someone […]

Business COVID 19

Business’s social goals are not a passing political play

Good morning. It’s a sign of the sad state of U.S. public debate that nothing escapes political polarization these days, business included. Rising corporate attention to social issues—racial justice, climate change, inequality—is derided by commentators as “woke” behavior, with pundits on the left dismissing it as insincere posturing, while those on the right attack it as unwise […]

Business COVID 19

Even with vaccines, most CEOs still see a need for less office space

Good morning. David Meyer here in Berlin, filling in for Alan. As someone who has worked from home for nearly a decade now—it’s not for everyone, but I like it—it feels like half the world has joined me over the last 10 months. And that, it seems, is not going to change anytime soon, even […]

Business COVID 19

Is Peloton overvalued?

Good morning. I threw in the towel and joined the Peloton pack this week. Well, that’s not quite right. I actually threw in the towel in November, ordering and paying for my bike then. But it didn’t arrive until this week. That long wait is indicative of the wild ride this stationary bicycle company has been […]