Questions tagged [business]

for questions about claims based on businesses.

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11 votes
2 answers
742 views

Has the oil industry made $1 trillion dollars of profit a year for 50 years?

A headline in the Guardian on July 21 2022 claims the following: Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years [Note that $3 billion/day is roughly $1 trillion per year.] ...
matt_black's user avatar
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12 votes
0 answers
1k views

Did Uber, in its early startup days, hire engineers just by asking newly hired engineers "Who are the best engineers you've worked with"?

In a 2016 article, Blitzscaling, Reid Hoffman claims: In hiring, for instance, you may need to get as many warm bodies through the door as possible, as quickly as you can—while hiring quality ...
Abushawish's user avatar
4 votes
0 answers
302 views

Do the post offices worldwide offer the service of pursuing the addressee over the world? Did they in the past?

There is a poem named "Post" by Samuil Marshak, written in 1927. The poem tells a story of a letter being sent from Rostov to Leningrad. The addressee, Boris Zhitkov (another writer) was not ...
Anixx's user avatar
  • 868
17 votes
1 answer
519 views

Does limiting the price of pharmaceuticals lower the number of new treatments produced?

A recent article in Forbes arguing against the latest US Government proposals on drug pricing argued the following: Everywhere they've been tried, price controls have reduced biopharmaceutical ...
matt_black's user avatar
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4 votes
1 answer
701 views

Does having passwords cost $200 (£150) per employee, not including the lost productivity?

A BBC News article attributes a claim to Jason Tooley, chief revenue officer at Veridium: Not only would getting rid of passwords improve security, it would also mean IT departments would not have to ...
Moo-Juice's user avatar
  • 141
48 votes
2 answers
18k views

Has an engineer called Trevor Jackson invented a revolutionary battery allowing for a car range of 1500 miles? [closed]

Since a few days several websites report about an alleged revolutionary electric vehicle fuel cell that enables 1500 miles range: Daily Mail Online StarCarSifu unserplanet.net Citing the Mail Online:...
akraf's user avatar
  • 1,471
10 votes
1 answer
1k views

Do 90% of startups fail?

I have seen this claim made in several popular websites that 90% of startups fail. Two examples: When the founder of a startup company shuts down her or his business, it’s customary to pen an essay ...
Sakib Arifin's user avatar
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148 votes
1 answer
32k views

Did Amazon pay $0 in US taxes in 2018?

Background I saw this article saying that Amazon paid $0 in corporate income tax last year. Is this true or just phrased to sound like they are getting away with paying nothing? Here's the article: ...
Noah Cristino's user avatar
8 votes
1 answer
489 views

Are DNA testing companies building a DNA database for commercial applications?

There were a couple of articles last year regarding DNA testing companies such as 23andMe, selling data. See example articles : DNA-testing companies like 23andMe sell your genetic data to ...
user avatar
6 votes
1 answer
480 views

Does the tipping function on Instacart pay the company instead of the shopper?

A local news story reports the following: Workers behind Instacart, the grocery delivery company and app, say they’re getting punished for getting a tip. People who shop and deliver for the app say ...
Avery's user avatar
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75 votes
2 answers
30k views

Does Shell get $2 billion a year in subsidies from the US government?

While browsing reddit, I saw the following graphic from the Late Stage Capitalism subreddit: (Two stick figures are shown, the second one with Shell's logo for a head) This is Bob. Bob gets $...
Mark Rogers's user avatar
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12 votes
1 answer
2k views

Was a package of McDonald's dipping sauce just sold for almost $15K?

Apparently, this whole weirdness started when the sauce in question was referenced in a cartoon called Rick and Morty. Here's the just over minute long video. According to Mashable, the cartoon ...
Jolenealaska's user avatar
6 votes
1 answer
18k views

Do 82% of women making $100K per year in the US do it through home based businesses? [closed]

See this on social media every now and then. Any truth to it?
Kevin's user avatar
  • 299
-3 votes
2 answers
2k views

Are 91 percent of Fortune 500 CEOs in the United States white men?

Laura Mather wrote on Huff Post: Let’s start with the numbers: women represent about 5 percent of Fortune 500 CEOs. Minorities represent approximately 4 percent of Fortune 500 CEOs. Therefore, only ...
Sakib Arifin's user avatar
  • 15.7k
2 votes
0 answers
123 views

Did the Cleveland Cavaliers basketball team lose $40 million dollars in the 2015-2016 NBA season?

There are several sources online that claim that the Cavaliers lost $40 million dollars for the 2015-2016 NBA season: The Cavs lost $40 million last season despite winning their first NBA ...
Honinbo Shusaku's user avatar
6 votes
0 answers
439 views

Are two thirds of CEOs in Silicon Valley from South Asia or Asia?

Steve Bannon, Donald Trump’s chief strategist, said last year that people from Asia or South Asia are heavily represented in CEOs in Silicon Valley: When asked if he agreed, Bannon responded: “When ...
Andrew Grimm's user avatar
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5 votes
0 answers
147 views

Do small businesses that are on the Internet grow twice as fast?

Google claims in their Project Loon video (1:07) that (transcription mine): And because small businesses that are on the internet grow twice as fast, everyone could create new opportunities for ...
March Ho's user avatar
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16 votes
1 answer
1k views

Did ARM sell more chips in 2015 than Intel has in its entire history?

Japanese telecom firm SoftBank has recently launched an agreed takeover bid for UK chip designer ARM (which doesn't make chips but designs them and has provided the overwhelming majority of technology ...
matt_black's user avatar
  • 56.1k