Bloomberg Originals
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How Private equity ate britain
Lead Designer: Alex Sears
Next month’s UK election will likely be a reckoning for Prime Minister Rishi Sunak, the Conservative Party and its handling of the aftermath of Brexit and the pandemic. It turns out both events have already played a key role in shifting control of some of Britain’s best-known brands to foreign hands. High Street retailers like Morrisons, Byron Burgers, Wagamama and others have all been scooped up by US private equity firms in recent years. And the debt they owe, compounded by high interest rates may be endangering their financial resilience while putting employees at risk.
How North korea is preparing for war
On the 74th anniversary of the start of the Korean War, Bloomberg Originals explores how North Korea managed to build a formidable nuclear arsenal despite being one of the poorest nations in the world. Though Pyongyang regularly threatens the West, the country’s authoritarian leader, Kim Jong Un, recently has raised the stakes, with the help of Vladimir Putin.
How Nike Ran into Trouble
Nike is now worth $100 billion less than it was during the last Summer Olympic Games.The brand’s decision during the pandemic to cut ties with brick-and-mortar retailers in favor of its own stores and website played a part in its decline in value, but so did the rise of competitors like ON, Asics and Hoka. It’s one of the reasons that this year’s Paris Games are exceptionally important for the world’s largest sportswear retailer.
NVIDIA’s surprising AI Origin Story
From AI-powered cars to crypto and OpenAI’s ChatGPT, tiny Nvidia chips play an outsized role in facilitating our daily routines. Before it became the world’s most valuable chipmaker, worth more than $3 trillion, the company had the more humble calling of manufacturing graphics cards for video game consoles. How will Nvidia further harness the power of its earliest innovation with advanced AI?
AMD's CEO Wants to Chip Away at Nvidia's Lead
Emily Chang meets AMD CEO Lisa Su on the heels of her 10-year anniversary as CEO at the chipmaker’s labs in Austin, Texas. They discuss her ambition to win the AI race and topple Nvidia, the bets she’s making, her long view on China, and her passion for fast cars.