Trust Digest 100 (June 15, 2015)

Twitter’s C.E.O., Dick Costolo, Is Set to Exit, Feeling Heat of Criticism

After replacing much of Twitter's top management team last year, Dick Costolo told members of the company's board that he wanted them to replace him as a chief executive, too.

Key Words: Dick Costolo, Entrepreneur, Future, Leadership, Change, Stockholders, Users, Shares

Trust Issues: Capability, Alignment of Interest, Leadership Trust, Team Trust

When Private Equity Firms Give Retirees the Short End

Who comes first, the investors or the person who manages their money?

Key Words: Investors, Private Equity Firms, Carlyle, S.E.C., Blackstone, Apollo, Pension Funds

Trust Issues: Communication, Similarity, Capacity, Alignment of Interests

Macy’s, JC Penney, and Best Buy are making a huge mistake that’s hurting sales

American shoppers have become addicted to checking consumer reviews on everything they buy.

Key Words: Consumer Reviews, Access, Digital Displays, Social Media, Nordstrom, Merchandise

Trust Issues: Communication, Capability, Alignment of Interest, Benevolence

As Minimum Wages Rise, Smaller Firms Get Squeezed

Hannah Joseph dreams of bringing gourmet grilled hot dogs to food lovers coast to coast. But she now rules out owning any new restaurants beyond the two she and her husband currently operate in Indianapolis.

Key Words: Payroll Data, Bottom fifth percentile, Skilled People, Convert Business

Trust Issues: Capability, Conflict of Interest

Business Dynasties Try to Pass the Torch Without Dropping It

Rupert Murdoch should be as lucky as Avedis Zildjian.

Key Words: Rupert Murdoch, Avedis Zildjian, 21 Century Fox and News Corporation, Family Business

Trust Issues: Capability, Alignment of Interest, Similarities

The success of the latest wave of streaming services relies on a lie

Drake started from the bottom, now he's at Apple's Worldwide Developers Conference to tell you about a great new product.

Key Words: Drake, Apple, Beats, Tidal, Internet, Music App, Jay-Z, Paid Users, Spotify, Dignity

Trust Issues: Benevolence, Integrity, Capability, Alignment of Interest, Similarities

How Facebook is eating the $140 billion hardware market

It started out as a controversial idea inside Facebook. In four short years, it has turned the $141 billion data-center computer-hardware industry on its head.

Key Words: Open Compute Project (OCP), Free, Linux, Cisco, Data Center, Share, Legitimate use, Google Cloud Compute (GCP), Financial services companies, Heiliger

Trust Issues: Managerial Trust, Employees’ Trust, Voters’ Trust, Alignment of Interests, Due Diligence, Similarities, Communication, HP, PC, Openness