SAN FRANCISCO - Microsoft Corp needs a "data culture" to thrive in the new computing environment, according to Chief Executive Satya Nadella, in his third public appearance in three weeks putting his imprint on the software company.
BEIJING - China's economy grew at its slowest pace in 18 months in the first quarter of 2014, official data showed on Wednesday, with signs of waning momentum already prompting limited government action to steady the world's second-largest economy.
Priyanka Gandhi of the Congress clashed with estranged cousin Varun Gandhi, who is running in the election on a BJP ticket, in a new sign of aggression that partymen hope will draw her deeper into active politics to revive their fortunes. Read | Full Coverage: Election 2014
In one sense, the fact that ambitious global reforms are likely to be more modest in reality is to be welcomed. The most successful reforms tend to be those reforms that are undertaken against a backdrop of economic growth elsewhere in the world. If three-quarters of the world were to try and reform all at once, there would be no external growth left to ease the pain of adjustment, writes Paul Donovan. Full Article
Americans seem to have a greater fondness for anecdotes than citizens of any other nation. Newscasts have human-interest segments; no recent State of the Union address is complete without the president pointing up to the gallery and telling stories of his guests there. Though many anecdotes are harmless, they can be worrisome when it comes to public policy. Commentary
In recent weeks, there has been a surge in Chinese tech sector IPOs - including Alibaba and Weibo - all planning to list on American exchanges. They’re smart to list away from home: doing so will give them access to more liquidity, and allow them to avoid certain restrictions - like the rule that companies cannot IPO in China if they haven’t yet turned a profit. Full Article
The more money people have to fling around, the greater their influence on legislators, jurists, and charitable and educational institutions. They can shape tax laws and push companies to favour shareholders – that is themselves – over customers and workers. More insidiously, the ultra-rich can fund foundations and think tanks and back publications which help shape the public debate. Commentary
Singer Miley Cyrus cancelled her Tuesday show in Kansas City, Missouri, after being hospitalized for a "severe allergic reaction to antibiotics". Full Article