Category: business / corporates

what makes a brand a bland is duality: claiming simultaneously to be unique in product, groundbreaking in purpose, and singular in delivery, while slavishly obeying an identikit formula of business model, look and feel, and tone of voice.

Source: Welcome to Your Bland New World of Consumer Capitalism – Bloomberg

Oxford University surprised and pleased advocates of overhauling the vaccine business in April by promising to donate the rights to its promising coronavirus vaccine to any drugmaker.

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A few weeks later, Oxford—urged on by the Bill & Melinda Gates Foundation—reversed course. It signed an exclusive vaccine deal with AstraZeneca that gave the pharmaceutical giant sole rights and no guarantee of low prices—with the less-publicized potential for Oxford to eventually make millions from the deal and win plenty of prestige.

Source: They Pledged to Donate Rights to Their COVID Vaccine, Then Sold Them to Pharma | Kaiser Health News

Additional Source (update): Covid: Rich states ‘block’ vaccine plans for developing nations

FAANG is an acronym used in reference to the stocks of the five tech companies Facebook, Amazon, Apple, Netflix and Alphabet (the G refers to Alphabet’s core company Google).

Source: FAANG | Dictionary.com