Margo Wu

93 Flips | 2 Magazines | 5 Likes | 2 Following | 1 Follower | @MargoWu | Keep up with Margo Wu on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Margo Wu”

Boeing turns 100: A look back at aviation history

Boeing turned 100 years old on Friday, marking a full century of aerospace innovation.<p>Today, the company remains one of the largest companies in the …

Welcome to GoogleBank, Facebook Bank, Amazon Bank, and Apple Bank

How would you like to bank with Apple, Google, Amazon, or Facebook? This is the question Fujitsu has just asked a sample of some 7,000 people …

The Most Powerful Man in Banking

Fed governor Daniel Tarullo is known for his behind-the-scenes influence over everything from corporate strategy to capital rules<p>The most important person in the banking business isn’t a banker.<p>To most Wall Street executives, that title goes to Federal Reserve governor Daniel Tarullo, a brusque, …

Wall Street

The Central Bankers’ Bold New Idea: Print Bitcoins

Bank of England economists advocate central banks issue their own digital currency<p>When it comes to bitcoin and digital currencies, central banks might be considering the adage: “If you can’t beat them, join them.”<p>In a research paper published on Monday, economists at the Bank of England advocated …

Maps Have Been Lying To You Your Entire Life

The truth is that every map tells a lie, but they don’t all lie about the same thing. For example, Mercator projection maps—one of the most common in …

Algorithmic Pricing Is Creating An Arms Race On Amazon’s Marketplace

But if you want the best deal, you should probably take the extra step. Otherwise you might be getting ripped off.<p>Amazon doesn’t reveal the specific …

The Thrill of Terrapattern, a New Way to Search Satellite Imagery

Finding empty pools for skateboarding has never been so easy.<p>Sometimes, a new tool comes into the world that is so expansively, obviously useful that you can’t do anything but sit back and think: Wow.<p>For me, at least, that’s Terrapattern, a visual search engine for satellite imagery, released this …

Machine Learning

Can Bitcoin Uber The Fed? Gilder Says Gold Standard Is Coming Whether Central Banks Want It Or Not

George Gilder’s new book, <i>The Scandal of Money</i>, is the most hopeful thing I’ve read about monetary policy in a long time. Most of what is written about money is just awful — worse than nothing: anti-knowledge. A few writers—Forbes, Gilder, Skousen, Lehrman, and their disciples (Tamny, Mueller, …

How Amazon CEO Jeff Bezos reinvented The Washington Post, the 140-year-old newspaper he bought for $250 million

A lot of people were surprised when Amazon CEO Jeff Bezos bought The Washington Post for $250 million in 2013.<p>At the time, The Post was a legacy media company facing years of decline, while Bezos had no prior experience in the newspaper business.<p>But in less than three years, Bezos has completely …

Jeff Bezos

Alphabet, Fiat Chrysler in Self-Driving Cars Deal

Engineers to collaborate on redesign of 2017 Pacifica Hybrid minivan to integrate driverless tech<p>Google parent Alphabet Inc. and Fiat Chrysler Automobiles NV agreed to incorporate Alphabet’s self-driving technology into 100 Chrysler minivans, significantly expanding the tech giant’s test fleet of …

Automotive Industry

The Race to Make Virtual Reality an Actual (Business) Reality

Photographs by Bob Croslin for Fortune Magazine<p><i>Big corporations are investing billions—but the technology may not play out the way they expect.</i><p>In …

Virtual Reality

This finance trend is so hot even Amazon wants in

<i>This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.</i><p>The arrival of the age of fintech is about to shake up the financial services world as we know it.<p>Traditional powerhouses are already trying to figure out ways to …

Financial Services

Why You're Missing 95% of Gains When Investing in Public Tech Companies

The shift of value creation from the public market to the private and what to do about it.<p><b>The new math of value creation</b><p>The math of the tech company investing game has changed over the past 15-20 years, and most likely not in your favor. Yes, top public tech companies can still offer a great …

Why Intel Wants to Sell a Big Part of its Venture Capital Portfolio

<i>This essay originally appeared in Data Sheet,</i> Fortune’s <i>daily tech newsletter.</i><p>I write today in praise of focus.<p>One of the biggest enemies of any …

38 Startup Pitch Decks From Companies That Changed The World

To celebrate the launch of my book The Art of Startup Fundraising, I thought it would be interesting to put together a blog post with a good amount …

Fintech Is Hot, But The Demise Of Traditional Banking Has Been Greatly Exaggerated

It’s no secret that Silicon Valley is always on the lookout for the next big thing. It’s that drive to test, innovate, and explore that keeps the technology sector hurtling forward at breakneck speed.<p>Fintech (or financial technology) is the new “it” sector–FORBES has compiled a list of the top …

The Real Reasons That Amazon’s Alexa May Become The Go-To AI For The Home

Amazon made several very smart decisions early in the voice platform’s life that may make it a friendlier ecosystem for device makers.<p>If Amazon’s Alexa had just served as an entry point to the company’s mega-marketplace, it would have been as boring as the failed Amazon Fire smartphone. But Alexa …

This isn’t China: The “Amazon of India” will be Amazon and “Uber of India” will be Uber

I was at a conference the other day, speaking on a panel with VCs and angels, when we were asked a question: With the softening of valuations and the famous Flipkart markdown, is there still a large internet opportunity in India?<p>My friend and co-panelist from a large VC fund jumped up and trotted …

Market Cap

The center of the tech revolution in finance couldn’t be further from Silicon Valley

Silicon Valley is on a mission to disrupt finance. Even Jamie Dimon is worried about it. US venture capital funding for fintech startups reached $7.4 billion in 2015, up from $4.3 billion in 2014. But while the money’s flowing, the real action is in China.<p>According to a new report from Citi’s …

How The Fiduciary Rule Will Harm Fintech And Startups

Add startup entrepreneurs and Fintech innovators to the long list of potential victims of the Department of Labor’s pending fiduciary rule.<p>There is already bipartisan concern that many ordinary people far away from Wall Street will be harmed if the final fiduciary rule, likely to be released next …

Microsoft thinks it has found the next big thing after apps

Chatbots, according to Microsoft.<p>In this week's Bloomberg Businessweek cover story, Microsoft revealed its plans to go all in on chatbots, or programs powered by artificial intelligence that can help you do mundane tasks like book a flight or schedule your finances. The company will give more demos …

Amazon Invents Growth As Apple Treads Water

What a difference a CEO makes.<p>That’s my conclusion from contrasting Amazon and Apple today.<p>After all, on March 30 Amazon announced that demand for its Home Services — such as contractors on demand — have grown an average of 20% a month since their 2015 introduction, according to <i>Reuters</i>.<p>Meanwhile …

Why the 21st Century Will Belong to Family Businesses

I was recently asked to give a talk about family businesses, and the conference organizer told me not to even mention the “three generation rule.” As he put it: “Everyone already knows that family businesses don’t last.”<p>He’s perfectly right. An oft-cited statistic is that only 30% of family …

David Chang Wants To Fuku You Up

An exclusive look at how the Momofuku chef is expanding his empire, plus details about his top-secret new project.<p>It was 9:30 on a Friday morning, and David Chang was already furious.<p>The Momofuku Group founder was at one of his dozen-plus restaurants, Má Pêche in Midtown Manhattan, for a meeting …

Hospitality

Andreessen Horowitz Exec Explains How the VC Firm Works

Peter Levine, general partner at Andreessen Horowitz, explains how his business works and what types of tech companies his firm is looking to back.

Venture Capital

How BMW Plans to Fight Back Against Google and Apple

BMW CEO Harald Krueger with the VISION NEXT 100, a concept car meant to show how BMW will take its brand into the high-tech future. Image source: BMW<p>German luxury-car giant <b>BMW</b> said this week that it is developing a "revolutionary" flagship self-driving car to help it fight off potential Silicon …

Video: Take a Peek inside Dropbox's Cloud Storage System

The company valued at $10 billion has developed its own state-of-the-art method of storage.

U.S. banks make cool technology, realize it can be sold

(Reuters) - Big Wall Street banks, after spending massive amounts of money and time to get their old, creaking systems in better shape, are now trying to sell technology they’ve developed in-house to other companies.<p>A screen showing a visualization of the internet at the CeBIT trade fair in …

Don't Overlook the Second-Mover Advantage

There's no question that being first into a market can be a killer advantage. But not every market offers such an edge. Jet.com is out to proving that later can be better--especially if you are competing against Amazon.<p>There's no question that there's a power and many advantages to being the first …