It has been said that data is the new oil. Both domains are critical to society, entailing massive infrastructures and globe-spanning businesses. Of course one produces energy, while the other uses it. It may seem inconceivable that a single smartphone is responsible for as much electricity demand as a refrigerator, but that’s what the physics dictates. This series explores the energy…
City Journal .……….. It’s a truism that Silicon Valley leans left, but the average tech millionaire is not easy to pigeonhole ideologically. A revealing, if little-noted, 2017 study from Stanford University compared more than 600 “elite technology company leaders and founders,” ….
e21 …….. Not satisfied with the mere claim that solar and wind are reaching parity with the costs of conventional energy technologies, green enthusiasts are upping the ante claiming that, as one UBS bank analyst recently put it, by “2030, the cost [of solar] could be so near to zero it will effectively be free.”
CITY JOURNAL …. The story is iconic: in 1976, Apple began in a garage in suburban Los Altos, California; in 2018, it became the first $1 trillion company. It took AT&T close to the same number of years to rise from its founding to become the first company to reach a $1…
Well, apparently the race is over. As Trevor Noah said on Comedy Central last week after Apple became the first trillion-dollar market-cap company: “One trillion dollars. That’s it, folks. Apple has officially won capitalism. Wrap it up, it’s over.” There is no longer any doubt that the 21st century will be propelled by companies producing and using data,…
This week the market greets another and long-anticipated energy-tech IPO with Bloom Energy seeking to raise $250 million at a market value of around $1.6 billion; numbers essentially identical to Tesla in 2010.
