My vision for ONE Sotheby's International Realty has always been to create a company defined by integrity, excellence and a culture where our agents can truly thrive, Mayi de la Vega said. Daniel has been integral to that foundation from day one. His leadership, discipline and deep understanding of our business have shaped our growth and strengthened our culture, and there is truly no one better equipped to guide us into our next era.
The weather is sunny and (relatively) warm in Davos, but there's a definite chill in the air. Maybe it's the heightened security. Maybe it's the long lines already forming. Maybe it's that there are reportedly a lot more people here than there have been in a long time. Whatever the case, everyone seems to be on edge. Multiple attendees told me they were already feeling exhausted, as if we were halfway through the week, even though we're just getting started.
We have entered a new world economy shaped by two fundamental forces: geoeconomic fragmentation and exponential innovation. In this environment, established cooperative and diplomatic frameworks are under pressure, requiring much more dialogue, imagination and entrepreneurship to regain forward momentum. At the same time, technology and innovation are being deployed at unprecedented speed, with companies playing an ever-greater role. These shifts are transforming how businesses operate across geographies.
With an aggressive business strategy that extends their value and diversifies their revenue streams, they continue to shock big business, most recently with their jump into brick and mortar with the opening of their bookstores and beta grocery store Amazon Go. So, how do they do it and what can other companies learn to ensure their own long-term success? The answers may be surprising, as Amazon challenges many traditional lessons we've learned for how to be successful in marketing and in business.
Gerstner was chair and CEO of IBM from 1993 to 2002, a time when the company was struggling for relevance in the face of competition from rivals such as Microsoft and Sun Microsystems. After becoming the first outsider to run the company, Gerstner abandoned a plan to split IBM, which was known as Big Blue, into a number of autonomous Baby Blues that would have focused on specific product areas such as processors or software.
But once you cross the line, it's hard to stop. First, it's local cafés; then, it's gas stations; then maybe "fastest route sponsored by Shell." You laugh now, but you know how this works. The tension here is classic Apple. The company that sells privacy as a product is now selling ads in one of its most personal apps. It's the kind of contradiction Steve Jobs would have hated, but Tim Cook's Apple has different goals.
Unlike traditional computers that process information in a linear, step-by-step fashion, quantum computers use quantum bits, or qubits, which can represent multiple states simultaneously. This leads to breakthroughs in areas such as drug discovery, financial modeling, and cybersecurity by overcoming computational barriers that have limited progress for decades. Quantum computing is transitioning from theoretical research to a transformative force for industries worldwide, much like AI and cloud computing before it.
There's more to business success than just knowing how to create or how to network. For the most part, successful businesses emerge as an outcome of a thoroughly planned and well-executed strategy (crucial to getting more clients). But when creatives set up a business, it's usually because they want to create, not because they want to be business people. Neglecting to get to grips with things like finances, taxes and client management can hugely affect your bottom line, and potentially your creativity.
Every CEO knows the feeling of promised features taking months longer than expected, simple changes breaking unrelated systems, and top engineers fighting fires more than they build the future. Welcome to technical debt: the detritus of yesterday's innovation that increasingly blocks progress today. The crucial reality is that tech debt isn't an "IT issue"-it's a business strategy problem that directly impacts your bottom line, competitive positioning, and organizational resilience.
Horizon3.ai, a cybersecurity startup, appointed Holly Grey as its first CFO, bringing over 30 years of experience in public company operations and strategic finance.
All those highly-paid suits are at risk as AI agents, AI models designed to autonomously carry out certain tasks, promise to do what they do with instant results - and without six-figure salary demands.
Choosing the right M&A company in Dubai shapes the success of mergers, acquisitions, or business sales, leveraging the city's financial sector and strategic location.
Today's developers face a multitude of challenges including heavy workloads and complex tech stacks, which hamper their capacity to innovate and adopt new solutions.
Over the last few years, there has been a clear transformation in how CFOs perceive AI technology. Initially exhibiting caution, now they are increasingly viewing it as a primary driver for efficiency and profitability.
Soho House has reported an operating profit of just under $60 million in the three months to July, marking its first time achieving consecutive quarterly profits in 30 years.
AppLovin reported a significant revenue jump of 77% to $1.26 billion in its recent quarter, exceeding analyst expectations of $1.22 billion, despite the sale of its Apps business. Adjusted EBITDA nearly doubled to $1.02 billion, indicating strong operational performance and profitability.
