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Omicron: how the new variant could shape the pandemic
Babbage Podcast, The Economist, 30 November 2021In this episode of the Babbage podcast, Professor Sharon Peacock, one of the world’s top variant hunters, predicts Omicron will be more transmissible than previous strains. She also discusses how the search for scientific clues…
socio political environment
Corporate disclosure and political giving hits record
Lorraine Woellert, POLITICO, 30 November 2021The number of public companies that disclose or prohibit political spending hit a record this year and more corporations are assigning directors the responsibility of decision-making amid an era of hyper-partisanship. An annual ranking found that 370 companies, up from 332 last year, either ban or disclose political spending, including...
socio political environment
2 out of 3 members of university governing bodies have no professional expertise in the sector. There’s the making of a crisis
Alessandro Pelizzon et al, The Conversation, 30 November 2021To say Australian universities are in crisis "is to state the obvious". A common narrative suggests the most immediate cause of the current crisis is “reduced international student revenue and income from investments, such as dividends” during the pandemic. However, many commentators have noted that the problems besetting Australian...
crisis management
socio political environment
Inflation in 19 nations using euro hits record high of 4.9 per cent
Pan Pylas, Associated Press, 30 November 2021Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year. Eurostat, the European Union’s statistics agency, said the eurozone’s annual inflation rate hit 4.9 per cent in November, the highest since record keeping began in 1997 and up from 4.1 per cent in...
socio political environment
He’ll keep the blue check, though: Twitter CEO Jack Dorsey is stepping down
Joshua Benton, NiemanLab, 29 November 2021There is no social media platform more important to the state of contemporary journalism than Twitter. It’s where journalists — and news junkies in need of a fix — disproportionately choose to spend their time. So, a change at the top of Twitter is significant news. This week, Twitter's CEO, Jack Dorsey, made the sudden public announcement that...
socio political environment
Australian executive pay ‘roars back’ with 70 per cent increase for top 50, analysis finds
Ben Butler, The Guardian, 26 November 2021The remuneration of Australia’s highest-paid chief executives has exploded by an average of almost 70 per cent in the past year, new data shows. Kogan boss, Ruslan Kogan, enjoyed the biggest increase among the top 50 highest paid executives, his pay skyrocketing from $594,000 to almost $9m this year – an increase of more than 1,400 per cent –...
socio political environment
How your employer can keep track of your work at home
Don Lee, The Sydney Morning Herald, 25 November 2021Since the pandemic and the rise in people working from home, employers’ use of employee-monitoring programs has been growing rapidly. Employers say they’re tracking workers’ activity mainly for two reasons: to promote security and to boost productivity. What monitoring tools they use and how aggressively they use them vary widely. But the...
socio political environment
Big five?: Macquarie Bank might be forcing its way into an exclusive club
Clancy Yeates, The Sydney Morning Herald, 24 November 2021There’s a changing of the guard underway in Australia’s banking industry, at least in terms of what investors think Australia's biggest banks are worth. Macquarie Group recently overtook ANZ Bank to become the nation’s fourth-largest bank by market capitalisation, and it wouldn’t take a dramatic change for Macquarie to also knock Westpac off...
socio political environment
How corporate clout helps communities thrive
Kate Isaacs, MITSloan Management ReviewBusiness leaders are turning their attention toward building prosperity in the communities where they live and work. Early innovators in this space are transforming their companies’ priorities and leading cross-sector partnerships to drive local goals. Instead of adopting a command-and-control leadership style,...
socio political environment
Why you should care about Facebook’s big push into the metaverse
Shirin Ghaffary, Vox, 24 November 2021It’s the next big breakthrough in technology. It’s a joke. It’s a marketing strategy. It’s a techno-dystopian nightmare. It’s the metaverse, and Facebook’s CEO Mark Zuckerberg believes it is the future of the internet and of his trillion-dollar company. Facebook’s investment in the metaverse is something we should take seriously. If the...
socio political environment