management

There is something peculiarly impressive about the video below of Mark Zuckerberg, founder of Facebook, talking in Mandarin to students at Tsinghua University in Beijing. If nothing else, it shows a dedication to the country’s customs that very few foreign business leaders can match.

Mr Zuckerberg clearly has business motives for making the effort, in addition to his personal connections – Priscilla Chan, his wife, comes from a Chinese family and her mother speaks mostly Mandarin. Facebook is blocked in mainland China, along with other US internet companies, and wants restrictions to be loosened. Read more

Evan Spiegel, co-founder of Snapchat (AP)

Few technology companies are hotter than Snapchat, the photo sharing app founded just under three years ago that turned down a $3bn bid from Facebook. An article about the company in Forbes calls it “the greatest existential threat yet to the Facebook juggernaut”, highlighting that “droves” of teens (the median age of a Snapchat user is 18) are turning to the social network founded almost three years ago that allows users to send videos, pictures, text or drawings that disappear after a set period of time.

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Tim Armstrong, chief executive of AOL, has apologized to employees of the internet company for firing an employee last week in front of more than 1,000 coworkers, writes Emily Steel

During a conference call to discuss the future of AOL’s struggling network of local Patch sites, Mr Armstrong told the group’s creative director to immediately put down a camera then declared that he was fired. A recording of the call has been making rounds on the internet and been listened to more than 1,000 times. Read more

There’s no denying that Morris Chang, founder, chief executive and chairman of Taiwan Semiconductor Manufacturing Company, is a titan of the semiconductor industry after more than 20 years at the helm of the contract chipmaker.

But it may come as a surprise to TSMC shareholders that as the 81-year-old Mr Chang contemplates succession, he feels he could only be replaced by two, or maybe even three people. Read more