FastCompany Magazine

The official Tumblr of Fast Company.

CEO Mark Zuckerberg’s audacious bid to rewire the app economy—and make his social network more relevant than ever.

Although Zuck has outlined his three-, five-, and 10-year goals for employees, he has never crisply explained publicly how all of these recent moves fit together, and that has gotten tech watchers buzzing about whether he and the company have lost their way. But after dozens of interviews with current and former employees, rivals, advertisers, developers, and users, it becomes clear that Zuckerberg has launched Facebook on an aggressive and potentially brilliant strategy—one that has very little to do with the company you think you know based on your desktop use of its social network. [Facebook granted Fast Company access to several company executives, but not to Zuckerberg or COO Sheryl Sandberg.] To make Facebook more relevant than ever, the company has targeted the very core of the app economy to fulfill its vision for the next half-decade. As the six lessons that follow illuminate, the great social network of the early 21st century is laying the groundwork for a platform that could make Facebook a part of just about every social interaction that takes place around the world.

Read More>

CEO Mark Zuckerberg’s audacious bid to rewire the app economy—and make his social network more relevant than ever.

Although Zuck has outlined his three-, five-, and 10-year goals for employees, he has never crisply explained publicly how all of these recent moves fit together, and that has gotten tech watchers buzzing about whether he and the company have lost their way. But after dozens of interviews with current and former employees, rivals, advertisers, developers, and users, it becomes clear that Zuckerberg has launched Facebook on an aggressive and potentially brilliant strategy—one that has very little to do with the company you think you know based on your desktop use of its social network. [Facebook granted Fast Company access to several company executives, but not to Zuckerberg or COO Sheryl Sandberg.] To make Facebook more relevant than ever, the company has targeted the very core of the app economy to fulfill its vision for the next half-decade. As the six lessons that follow illuminate, the great social network of the early 21st century is laying the groundwork for a platform that could make Facebook a part of just about every social interaction that takes place around the world.

Read More>

A tech war has raged in China, and a winner seems ready to emerge. It’s Tencent—a controversial, $139 billion company with nearly a billion users, which functions like Facebook, Amazon, Twitter, and Uber all rolled into one. Now it’s gunning for global expansion.
Read More>

A tech war has raged in China, and a winner seems ready to emerge. It’s Tencent—a controversial, $139 billion company with nearly a billion users, which functions like Facebook, Amazon, Twitter, and Uber all rolled into one. Now it’s gunning for global expansion.

Read More>

Space elevators, teleportation, hoverboards, and driverless cars: The top-secret Google X innovation lab opens up about what it does—and how it thinks. Read more>

Space elevators, teleportation, hoverboards, and driverless cars: The top-secret Google X innovation lab opens up about what it does—and how it thinks. Read more>

With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of world-changing startups. So was its epic failure.
Read more ›

With almost $1 billion in funding and ambitions to replace petroleum-based cars with a network of cheap electrics, Shai Agassi’s Better Place was remarkable even by the standards of world-changing startups. So was its epic failure.

Read more ›

LEADERSHIP IN THE FIELD: MARINES, ARMY, AFGHAN NATIONAL ARMY

E.B. Boyd, embedded reporter in Afghanistan, profiles the leadership transition from the Marines to the Afghan National Army, and the effort and innovation behind it.

LEAD OR DIE 

Lt. Col. Philip Treglia and photographer Teru Kuwayama will be featured speakers at tomorrow’s Innovation Uncensored SF conference. Join us.


Take a stroll through the aisles in a supermarket this week. In the  time it takes you to count to hundred you’ll likely be bombarded with as  many brands claiming eco-friendliness.
Companies are piling on the new trend, selling everything from eco  friendly baby powder to shaving cream to batteries. And consumers are  noticing these brands among the 300,000 new products hitting the shelves  worldwide every year. But behind the flashy labels and TV commercials  guaranteed to show windmills, solar panels, and endless green fields  lies a rotten truth.
TerraChoice, a market research company revealed the results of a study  of 1,018 products randomly tested to see if they lived up to their  eco-friendly claims. The results were startling. Of all the products  surveyed, all but one failed to support their green boasts. The offenses  ranged from products that advertised themselves as nontoxic but,  frighteningly, just replaced old toxins with new ones that were still  banned years ago to, more commonly, products that claimed so-called  green status that could never be substantiated.
But the list of lies and techniques aimed at seducing the consumer  seemed never-ending. There were hidden trade-offs—one aspect of the  product was promoted as environmentally friendly while the negative  ingredients’ impacts were obscured. There were irrelevant claims—ones  that were technically but unimportant for the planet. There were  lesser-of-two-evils claims that were narrowly true but ignored larger  environmental problems—the supermarket equivalents to “green SUVs.”
All of these falsehoods and obfuscations take a toll on consumers—and  it can be seen in Japan, home to vibrant innovation, where residents’  trust was put to the ultimate test during a food scare in late  2007/early 2008. Japanese people tend to trust a lot (perhaps explaining  why there was no widespread looting in the days after the recent  earthquake). It is one of those societies where you still can leave your  umbrella unlocked in the entrance to the supermarket—and it will  actually be there when you return. But the tradition of trust was put to  the ultimate test when dumplings, a classic Chinese dish produced in  China, packed, frozen and imported to Japan, suddenly caused the death  of seven Japanese and sickened thousands of others. It was the first  time in Japan’s history anyone had faced such widespread or fatal food  poisoning. It created shock waves throughout the country. The sales of  dumplings dropped to zero, and the effect trickled into almost every  other category of frozen food. Consumers were in despair, unsure of what  to trust.
And then something unusual happened.
I noticed this when taking a stroll through a Japanese supermarket. As I  passed by shelf after shelf, cartoon drawings of people—like the ones  you might see in the Wall Street Journal, appeared on brands. The sugar  had one, the fresh salad, the fish—even the dumplings. Next to the head  was a name of a person, his title, age, and home address. The title  stated: “I’m responsible for this product.” Was it a joke—had Japan  once again come up with another cartoon craze, or was this the next big  marketing trick? Anywhere else in the world, maybe. Anywhere else, there  would at least be a small disclaimer on the back of the product  explaining the ruse. Here was a QR code next to every face. It took me  to a site where the actual person I’d seen as a cartoon appeared as a  real person—in video. He explained how he handpicked the particular  product I was holding in my hand. I saw the production line, the  transportation, and just in case I still suspected something dodgy about  him, I could click on a link to learn more about him and his family.

Continue reading The New Faces of Greenwashing (And Their Mothers)

Take a stroll through the aisles in a supermarket this week. In the time it takes you to count to hundred you’ll likely be bombarded with as many brands claiming eco-friendliness.

Companies are piling on the new trend, selling everything from eco friendly baby powder to shaving cream to batteries. And consumers are noticing these brands among the 300,000 new products hitting the shelves worldwide every year. But behind the flashy labels and TV commercials guaranteed to show windmills, solar panels, and endless green fields lies a rotten truth.

TerraChoice, a market research company revealed the results of a study of 1,018 products randomly tested to see if they lived up to their eco-friendly claims. The results were startling. Of all the products surveyed, all but one failed to support their green boasts. The offenses ranged from products that advertised themselves as nontoxic but, frighteningly, just replaced old toxins with new ones that were still banned years ago to, more commonly, products that claimed so-called green status that could never be substantiated.

But the list of lies and techniques aimed at seducing the consumer seemed never-ending. There were hidden trade-offs—one aspect of the product was promoted as environmentally friendly while the negative ingredients’ impacts were obscured. There were irrelevant claims—ones that were technically but unimportant for the planet. There were lesser-of-two-evils claims that were narrowly true but ignored larger environmental problems—the supermarket equivalents to “green SUVs.”

All of these falsehoods and obfuscations take a toll on consumers—and it can be seen in Japan, home to vibrant innovation, where residents’ trust was put to the ultimate test during a food scare in late 2007/early 2008. Japanese people tend to trust a lot (perhaps explaining why there was no widespread looting in the days after the recent earthquake). It is one of those societies where you still can leave your umbrella unlocked in the entrance to the supermarket—and it will actually be there when you return. But the tradition of trust was put to the ultimate test when dumplings, a classic Chinese dish produced in China, packed, frozen and imported to Japan, suddenly caused the death of seven Japanese and sickened thousands of others. It was the first time in Japan’s history anyone had faced such widespread or fatal food poisoning. It created shock waves throughout the country. The sales of dumplings dropped to zero, and the effect trickled into almost every other category of frozen food. Consumers were in despair, unsure of what to trust.

And then something unusual happened.

I noticed this when taking a stroll through a Japanese supermarket. As I passed by shelf after shelf, cartoon drawings of people—like the ones you might see in the Wall Street Journal, appeared on brands. The sugar had one, the fresh salad, the fish—even the dumplings. Next to the head was a name of a person, his title, age, and home address. The title stated: “I’m responsible for this product.” Was it a joke—had Japan once again come up with another cartoon craze, or was this the next big marketing trick? Anywhere else in the world, maybe. Anywhere else, there would at least be a small disclaimer on the back of the product explaining the ruse. Here was a QR code next to every face. It took me to a site where the actual person I’d seen as a cartoon appeared as a real person—in video. He explained how he handpicked the particular product I was holding in my hand. I saw the production line, the transportation, and just in case I still suspected something dodgy about him, I could click on a link to learn more about him and his family.

Continue reading The New Faces of Greenwashing (And Their Mothers)