| NY Times' Tom Friedman on Reddit retail traders going up against Wall Street | | |  | FRI, JAN 29, 2021 | | | | | | TECH, TRANSFORMATION AND THE FUTURE OF WORK | | | | Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.
This wouldn't be a true newsletter if we didn't cover the week's biggest news item: the Reddit Rebellion and Gamestop traders, but this will be brief. It's clear that the populism that has gained such a foothold in politics in recent years is spilling over into Wall Street; and when regulation can't keep up with technology, it often benefits those who are in positions of power, reinforcing the unlevel playing field to those who aren't. NY Times' Tom Friedman gave arguably one of the best explanations of the week about the game of Gamestop trading, with a metaphor made for children. It consists of lions, wildebeests and vultures, and it's a must watch.
Because there is other exciting news this week: Microsoft's biggest business still lies ahead, and its one that's existed since 2010. Also, Google CMO Lorraine Twohill joined Julia Boorstin on Thursday for an exclusive CMO Leadership Exchange – they explored how user trust is a "core part" of Google's DNA in response to government scrutiny. More on that conversation here.
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