Business | Schumpeter

Could you build a better TikTok?

The short-video app offers its putative American buyers a chance to rethink social-media business and governance models

“A MAINSTREAM GIANT goes countercultural.” That is how the technology press described the decision in the early 2000s by IBM, then a paragon of corporate IT, to back Linux, an obscure operating system written by a ragtag collection of activist coders. In the event, the unnatural combination wound up being a match made in computing heaven. It turned Linux into a serious rival to Microsoft’s Windows, then the dominant operating system, and justified the decentralised way that Linux had been developed. This benefited IBM and fuelled the rise of cloud computing, which is mostly powered by Linux and similar “open source” software.

This article appeared in the Business section of the print edition under the headline “Reconstituted”

America’s ugly election: How bad could it get?

From the September 5th 2020 edition

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Palace of Fine Arts at night with the Golden Gate Bridge in the background, San Francisco, California, USA.

The PayPal Mafia is taking over America’s government

America’s right-wing tech bros are celebrating Donald Trump’s victory

The illustration depicts a broken eggshell, inside of which sits a chinese flag, set against an orange background.

From Apple to Starbucks, Western firms’ China dreams are dying

Economic growth is slowing, competition is stiffening and geopolitical tensions loom


Illustration of a bear rubbing a businessman’s shoulders holding an umbrella to shield him from the rain

Not all European business is a profitless wasteland

How to spot a corporate star, old-world edition


Will Europe ease up on big tech?

The clash between Silicon Valley and Brussels enters a new phase

How to inspire people

The answer is not another video of Steve Jobs

Can teenagers outwit Australia’s social-media ban?

Enforcing the new law may prove tricky