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ByteDance CEO to Step Down, Says He'd Rather Daydream Than Manage People


File photo of Zhang Yiming, CEO of ByteDance, at the 1st Digital China Summit in Fuzhou on April 23, 2018. (Photo: STR/AFP, Getty Images)
The CEO of ByteDance, Zhang Yiming, is stepping down at the end of 2021 according to a memo posted to the ByteDance website on Thursday. And while most corporate transitions are filled with bland PR-speak, Yiming’s departure memo is an interesting case study in honesty.
Why is Yiming letting someone else take the reins at the enormous tech company he co-founded which just so happens to be the corporate parent of TikTok? According to Yiming, he’s not a very good manager and would prefer to spend his time daydreaming. How’s that for just laying it all out there? ....

Jamie Powell , Zhang Yiming , Liang Rubo , Financial Times , ஜேமி போவல் , லியாங் ரூபோ , நிதி முறை ,

Bitcoin & A Lesson In Electricity Markets


In their desperation to find a reason for why bitcoin is terrible-bad-destructive-awful and morally reprehensible, the crypto-obsessed authors of the Financial Times blog Alphaville – Jemima Kelly, Jamie Powell, Izabella Kaminska – are quickly running out of good choices.
Their latest one is the “environmental FUD” – a classic in our world of environmentally obsessed elites, where anything remotely associated with The Climate ensures moral supremacy. If all else fails, guilt-by-association will not. So, complain away about the environmental impact from the energy used by the Bitcoin network’s nodes and miners. 
What’s so strange about this objection is that first, that impact is globally small, and second – who cares? Somebody, somewhere, is using energy in ways that you disapprove of (shocking, I know), to which the only reasonable response must be “Yes, and?”  ....

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British troops in Mali asked by locals  'to stay forever' peacekeeping commander says


British troops in Mali asked by locals  to stay forever peacekeeping commander says
British troops are four months into a three-year deployment in the west African country
27 April 2021 • 2:19pm
The UK has around 400 soldiers deployed in Mali, on a UN peacekeeping mission as well as assisting French forces further east on a counter-terrorism mission. 
Credit:  Cpt George Christie/Army
British troops in Mali have been asked by locals  “to stay forever” a peacekeeping commander has said.
Soldiers deployed on the UN peacekeeping mission to the west African country say they have, so far, been received well by local people.
Major Jamie Powell, Officer Commanding B Company, 2nd Battalion The Royal Anglian Regiment, was speaking after a 24-day patrol as the British Long Range Reconnaissance Group deployed in Mali on Operation MINUSMA. ....

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The Capital Note -- Big Tech, Big Government, and the Chamber of Progress

The Capital Note -- Big Tech, Big Government, and the Chamber of Progress
nationalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalreview.com Daily Mail and Mail on Sunday newspapers.

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