Links of the day | 在网上找到

I had been off ill with flu, so I guess this became a bumper edition

Pharma to lose $69 billion in five years as patents expire | Pharma File – patent cliff kicks in

Laurence Fink Says Activist Investing Can ‘Destroy Jobs’ | New York Times – not terribly surprising but interesting that Black Rock has come out and said it

Britain’s autumn statement: Two lost decades? | The Economist – at least since there is no compelling reason for things to improve (like with North Sea oil in the 1980s)

Intelligence: Nike’s CIO Had to Get the Hell Out of Portland | Racked – surprised that Nike hadn’t managed to build a more urbane environment in Portland. I could see this as being a great case study for Who Is Your City author Richard Florida

Intelligence: Gucci Cleans House: CEO, Creative Director Are OUT | Racked – not surprising given poor sales performance

WhatsApp might be working on a web client | VentureBeat – me too feature to catch up with WeChat, expect QRCode hand-off

Yahoo shuts offices in Malaysia, Vietnam, Indonesia | Campaign Asia – Malaysia I understand: closeness to Singapore, less of an economic power machine and a marketing sector that needs to work hard to keep up with legislation and local sensibilities. Indonesia and Vietnam are surprises given the high growth and populous markets that they represent

Sony Lawyers Warn Press to Destroy Documents from Hack | Variety – this is tough one legally Sony as journalists are largely protected by the the US constitution

Top 10 websites in the US according to Quantcast: A few observations | Chris Dixon – some interesting data points, you can still see the power of the IE installed user base and email looking at this data

The Cheapest Generation – Atlantic Mobile – it assumes that will have the same amount to invest

Silk Road subsidies undermine rail link | South China Morning Post – really interesting article about the nitty gritty of rail freight including lack of international common legal standards and requirements for paper work, insurance etc

The Customer Journey to Online Purchase – Think with Google – really handy for media planning

Sony hack: Studio Tries to Disrupt Downloads of its Stolen Files | Re/code – ethically dubious at best

Xiaomi’s Indian expansion could be derailed by a patent tussle with Ericsson | Quartz – this is interesting as IP could put a speed bump on the new smartphone players for the time being, though this may decline in 5G as Huawei and ZTE get a bigger proportion of the IP in comparison to Alcatel-Lucent, Qualcomm, Samsung, Broadcom, Nokia, and Ericsson

Russia tries again, in vain, to steady its collapsing currency | Quartz – it’s a buffet that the west hasn’t been invited and will end with a stronger China – having got hold of military and strategic industry IP, industrial assets and natural resources to drive further Chinese growth and strength

Wal-Mart is the latest company to badly overestimate China | Quartz – there is a whole blog post in this story about growth, the nature of growth, management by Excel spreadsheets and a bit about China. Maybe I will have the time to write it one day

EDMTCC 2014 – The EDM Guide: Technology, Culture, Curation – white paper trying to defend the bastard child of the dance music scene now that the Americans discovered it including Swedish House Mafia alumni (PDF)