WHAT’S ON THE HORIZON?
Alibaba Acquires Stake in Duty-Free Retailer Dufry
Alibaba has spent billions acquiring slices of brick-and-mortar retail chains, seeking to broaden its reach in an attempt to use its technology to modernize physical commerce.
Microsoft acquires Bethesda for $7.5 billion to boost Xbox
The deal Microsoft’s Xbox business a much-needed infusion of titles such as The Elder Scrolls, Doom and Fallout.
GLOBAL CURRENT EVENTS
Aiming higher, reaching further: Why it’s time to rethink dealmaking in a disrupted financial services marketplace – Deals – PwC UK blogs
By Michael Magee. Opportunistic deal targeting and pursuit of short-term cost savings can only go so far in equipping your business to compete in a financial services market that is facing once in a generation transformation.
UPDATES FOR CULTURE
The Platform Economy: Why APIs And Integrations Are Crucial
The platform economy, driven by the rise in big data, new algorithms, and cloud computing, has been on the uptick for years now. Individual platforms are built on Web application programming interfaces (API). Described as the “glue that holds the Web together,” APIs enable a standard mechanism to share data and functionality.