July 1, 2017 / Fortune Asia / Volume 176 / Number 1

SECTION

FEATURES

HACKED: A SPECIAL REPORT

Business Under Cyberassault
By JEFF JOHN ROBERTS and ADAM LASHINSKY
Cybercrime is surging to new highs, and the cost to companies is soaring. Here’s how they’re fighting back, and what you need to know to protect your digital assets.
PAGE NO. 24

HACKED: A SPECIAL REPORT
Google’s Elite Hacker SWAT Team vs. Everyone
By ROBERT HACKETT
Brash. Controversial. A guard against rising digital threats around the globe. Google’s Project Zero is securing the Internet on its own terms. Is that a problem?
32

Why Free Money Could Be the Future of Work
By CLAY DILLOW and BROOKS RAINWATER
Some tech leaders believe A.I. and automation will leave millions permanently unemployed. Their solution: a ”universal basic income” that could redefine what it means to earn a living.
PAGE NO. 40

Can Bitcoin’s First Felon Make a Comeback?
By BRIAN PATRICK EHA
After a year in prison, Charlie Shrem is back in the game-with a new mission-just as the value of cryptocurrencies is taking off.
Plus: How to Invest in the Next Bitcoin
48

Betting It All, With Brand-New Chips
By AARON PRESSMAN
Over the past decade, Advanced Micro Devices has plunged from innovator to also-ran. CEO Lisa Su is counting on a bold advance in technology to power it back up.
58

DEPARTMENTS

BRIEFING

7 The Deal That Made an Industry Shudder
Amazon’s Whole Foods acquisition could affect every company that touches the food we eat.
By BETH KOWITT

10 ”Peak TV” Is Further Away Than We Think
The boom in scripted shows on major networks may be tapering, but that doesn’t mean the drama’s over.
By TOM HUDDLESTON JR.

11 So Much for That Brexit Mandate
Theresa May’s botched election has left her government in chaos. For U.K. businesses, though, it offers hope for closer EU ties.
By GEOFFREY SMITH

12 Car Wreck: What Uber Means for the Valley
The company’s self-inflicted wounds are likely to have a wide-ranging impact on startup culture, regulations, and more.
By ERIN GRIFFITH

13 Drink Local, Buy Global
There’s a good chance that locally brewed beer you’re drinking is actually part of a giant multinational corporation.
By JOHN KELL

14 Celebs Dabble in Weird Food
Perfume sponsorship is so last season.
By JOHN KELL

16 Fortune on the Global Stage
Highlights from two confabs an ocean apart-our Most Powerful Women International Summit in London and the Northside Festival in Brooklyn.

FOCUS

TECH

17 Slack’s Quest to Make Work Easier
CEO Stewart Butterfield on saving you time and hassle on the job.
By MICHAL LEV-RAM

VENTURE

19 A Forerunner in Venture Capital
Kirsten Green founded a one-woman VC firm in 2003-and has piled up the investing hits ever since.
By LEENA RAO

PASSIONS

21 Doing Business In: Frankfurt
A seasoned hotelier offers tips for your next business trip to the international financial center-along with the best ways to extend your stay.
By ADAM ERACE

FORUM

23 On Message, Off Target
The world is eager to adopt startup-style business practices. But what if those practices are wrong?
By ERIN GRIFFITH

BACK PAGE

LAST BYTE

64 Most Wanted Minerals
Mapping the shortage of key natural resources that may put the proliferation of iPhones, Teslas, and other tech innovations at risk.

Text by BRIAN O’KEEFE; graphic by NICOLAS RAPP

ON THE COVER: PHOTOGRAPH FROM EYEEM/GETTY IMAGES

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ｩ Time Inc.