In the summer of 2021, the world was witness to two incredibly influential pieces of news that shook the global business landscape. First, it was announced that two of the largest companies in the world, Microsoft and Apple, were forming a partnership. The news was met with enthusiasm from many, with the potential for groundbreaking technological and financial advancements being seen as a game-changer for the world of business.
At the same time, two other massive corporations were facing a lot of scrutiny. Amazon, one of the biggest companies in the world by revenue, had recently faced numerous allegations of unfair workplace practices. The second company was Barclays, a large banking corporation that had been accused of making unsavory investments in the fossil fuels industry.
The first announcement of Microsoft and Apple’s partnership was seen as a great sign of progress. The two companies had spent decades rivaling each other, and this partnership marked the start of a new era of collaboration and cooperation in the tech industry. The potential for innovative new products and services, and advantages offered to customers, was seen as an incredible move towards progress.
On the other hand, news surrounding Amazon and Barclays was not met with such optimism. Amazon had been facing a huge amount of public pressure due to their alleged discriminatory practices, and Barclays had been found to be heavily invested in the fossil fuel industry, which has been a major driver of climate change.
Overall, the news of 2021 left the business world with two companies rising up while two others were facing public backlash. Microsoft and Apple’s partnering was seen as a sign of progress, but the news surrounding Amazon and Barclays was a reminder of the perils of unethical practices and the importance of accountability. Their stories can serve as a lesson to all companies, large or small, that companies should remain conscious of their ethical responsibilities.