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" ... Last Friday, Isai Scheinberg, the 73-year-old cofounder of PokerStars, the world’s biggest online poker company, boarded a plane in Switzerland for the nine-hour flight to New York City. On the other end, he would not be greeted at the airport by family members or businesses associates, but by federal agents who would take him into custody. Scheinberg, an Israeli-Canadian who spent years living in Canada and on the Isle of Man, an offshore British dependency, has for two decades steered clear of American soil, especially since U.S. federal prosecutors had indicted him on gambling, bank fraud and money laundering charges in 2011. His sudden appearance in New York is the endgame of a high-stakes corporate and legal drama involving billions of dollars. ... "
" ... That changed fast when Satya Nadella took over in February 2014 and steered a hard left away from hardware (where Microsoft was thoroughly outgunned by Apple) and toward software and the cloud. Anyone who bought the day he took over has beaten the S&P 500 five times over. ... "
" ... The Gilberts also noted that in the 1960s and 1970s, “many hopeful women were steered toward laboratory work or sales” rather than winemaking or viticulture. Today there are more women doing lab work and more women in the cellars; the majority are still men, but change is happening. “When you see women in out-of-role behavior, it becomes an in-role behavior,” Lucia Gilbert said. “Now that role becomes part of their own identity.” ... "
" ... Today, it becomes ever harder to squeeze out value from the value chain or pipeline while executives learn in dismay how over the last years, the companies that have created most value have either built platforms from scratch or have evolved to become digital ecosystems. The enthusiasm and hype have been steered by companies often referred to by some type of alphabet soup such as FANGA which stands for Facebook, Apple, Netflix, Google and Amazon or GAFA. Sometimes Microsoft or Alibaba are added as in FAMA or FAMAA. Lately, Tesla would be an option. Facebook, Apple, Amazon, Microsoft, and Alphabet make up now nearly 30 percent of the S&P, a historic height. ... "
" ... When a U.K.-based financial services firm bought an American firm's investment banking division, it steered clear of its operations in another region. The lack of enough time for due diligence and the duplication in people operations made that decision appropriate. ... "