Bloomberg BusinessWeek, June 18, 2018

choi

(1) Hui Li and Dexter Roberts, Making Billions off China's Worried Parents.
https://www.bloomberg.com/news/a ... a-s-worried-parents

Note:
(a)
(i) summary underneath the title in print: TAL Education tutors kids for tests that determine a child’s future on the mainland
(ii) Print and the online version are identical.

(b) "TAL Education Group 北京世纪好未来教育科技有限公司 [ticker symbol NYSE: TAL] * * * TAL’s initials stand for Tomorrow Advancing Life, a none-too-subtle nod to one of the biggest anxieties of middle-class families in the test-based world of Chinese education. Combining in-person coaching and online instruction that lets teachers lecture across the country to multiple classrooms equipped with large video monitors"

(c) "That desire [to ace 高考] has also turned TAL, the nation’s largest tutoring outfit, into a major money spinner."
(i) money-spinner (n): "British a thing that brings in a profit"
https://en.oxforddictionaries.com/definition/money-spinner
(ii) money spinner (n): "a product, business, or idea that makes a lot of money"
https://dictionary.cambridge.org ... glish/money-spinner
(iii) The concept is from the noun spinner: "a person who spins textiles."  en.wikipedia.org
(iv) Its synonym and antonym are money-maker and money-loser, respectively.

(d) "its [the Group's] online and in-person enrollment has been rising at a 49 percent annual clip. It had revenue of $1.72 billion in its fiscal year ended February 2018. By June 12, TAL’s stock had soared 27-fold since its October 2010 initial public offering, giving it a market value of $25 billion. That was more than three times that of London-based Pearson Plc, the world's largest education services company."
(i) Pearson Plc
https://en.wikipedia.org/wiki/Pearson_plc
(was founded by Samuel Pearson in 1844; based in London)

Many textbooks are published by Addison–Wesley and Prentice Hall, imprints of Pearson.
(ii) The plc stands for public limited company, a limited liability company.
(iii) Pearson bought Financial Times in 1957 and sold it to Nikkei Inc (publisher of 日本経済新聞) in 2015.
(e) "Zhang Bangxin 张邦鑫, TAL's co-founder, a 37-year-old former math tutor who’s become one of China's richest people: His TAL shares are worth about $7 billion."

choi

(2) Mark Bergen, Thou Shalt Not Kill.  
https://www.bloomberg.com/news/a ... ut-passenger-safety

Note:
(a)
(i) summary underneath the title in print: Nuro says its driverless delivery cars will protect people at all costs
(ii) Print and the online version are identical.
(b) "R1, made by a startup called Nuro [based in Mountain View, Calif; no Chinese name] * * * [is a] robot [that isn't] designed to ferry people" --goods only.

(c) "co-founder Dave Ferguson [PhD in Robotics from Carnegie Mellon University] * * * co-founder Jiajun Zhu"  

Jiajun Zhu 朱佳俊: Isaac; grew up in Shanghai; M.Sc. in computer science from University of Virginia in 2007; BS in computer science from Fudan Univ in 2005. No PhD.