START YOUR MORNING BY LISTENING TO TODAY’S BIZNEWS BREAKFAST BRIEFING PODCAST: Biden’s $50bn chip investment, but Mr Market frets over bad news from Taiwan; Palatir plummets; Musk sells another $7bn in Tesla; Gold price nears $1 800, lifts JSE
(If you’re struggling to access BBB via Spotify or iTunes, an audio-only version is also available on YouTube. Click here).
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Almost seven years ago, we published Google co-founder Larry Page’s views on how the future would look. Among his rather radical predictions was a 95% collapse in the price of homes in densely populated areas – sparked by connectivity enabling workers to relocate to more appealing geographies.
At the invitation of good friends, I spent the long weekend in the bushveld. It’s my ‘thinking place’, a cell-phone free zone ideal to refresh, recharge and reimagine. For some time now we’ve been re-assessing the most ideal place to live. Not surprisingly, Page’s long range forecasts came to mind.
BizNews has always been a remote company. Having staff dotted around the world is part of our DNA. We have long used tech tools to ensure we’re at least as well connected as more traditional, centralised organisations. So making a home far away from the stresses of the Big Smoke has always been an option for our team.
Seeing how the pandemic accelerated the remote work trend among formerly centralised corporations, however, surprised even remote-based pioneers like ourselves. We’ll be exploring the concept again at noon when I host SA entrepreneurial giant Adrian Gardiner and friends. They’ll be sharing details about their latest project in St Francis. Tailored to satisfy anyone with the relocation-to-the-coast bug. If you’re able to join us, click here to register.
More for you to read today:
- FBI Search of Trump Property Prompted by Concerns Over Sensitive Documents. The search was conducted about two months after Trump lawyers met with DOJ officials.
- Palantir’s Revenue Growth Slows as U.S. Government Delays Contracts. Data-mining company says federal government is delaying spending on some contracts.
- Microsoft Tries to Reduce Business Expenses by Restricting Spending on Travel and Company Gatherings. Finance chief Amy Hood warns employees to keep an eye on budgets.
- Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty. The billionaire suggested stock sales were aimed at avoiding a fire sale if forced to buy the social-media company.
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