July 22, 2013 / Fortune Asia / Volume 168 / Number 2 / The Global 500

BRAINSTORM TECH

48 TWO TAKES ON THE FUTURE OF APPLE
Is Apple poised for a rebound, or are its best days a thing of the past? Our writer argues both sides.
BY ADAM LASHINSKY

60 THE NEW NEWS BUSINESS
Fighting the digital disrupters hasn’t worked. Can purveyors of serious journalism find a way to join them?
BY JOHN HUEY, MARTIN NISENHOLTZ, AND PAUL SAGAN

64 THE CEO WHO CAUGHT THE CHINESE SPIES RED-HANDED
Kevin Mandia revealed that the People’s Liberation Army has systematically hacked U.S. companies. Here is the exclusive inside look at why he did it―and how he’s dealing with the explosive fallout.
BY NINA EASTON

74 WHY I PAINT
Sequoia Capital’s chairman on what it’s like to discover a sublime pastime in middle age.
BY MICHAEL MORITZ

GLOBAL 500

80 FIAT’S FRESH FACE
As the CEO of Exor, John Elkann is restoring Fiat, acquiring Chrysler, and driving Italy’s famous Agnelli dynasty in a new direction.
BY DAVID WHITFORD

91 THE LISTS
F-1 The World’s Largest Corporations
F-11 Arrivals and Departures
F-12 Notes
F-13 How the Companies Stack Up
F-15 Ranked Within Countries
F-21 Index

10 FIRST
Closer Look
Adobe attempts to give the stylus a second life.
BY MICHAL LEV-RAM

12 FIRST
Face to Face
The duo who created Angie’s List.
BY MIGUEL HELFT

12 FIRST
Books
A new book about the war on cancer from Fortune’s Clifton Leaf.
BY RYAN BRADLEY

15 FIRST
Fortune Global Forum
At Fortune’s international summit, leaders from 32 countries shared their views on growth and innovation.

16 INVEST
The Party Could Be Over for Stocks
The bull market was fun while it lasted. But a shift in policy by Fed chairman Ben Bernanke will change everything.
BY SHAWN TULLY

20 INVEST
Wealth Adviser
The right options strategy can offer investors a relatively cheap and easy way to protect themselves from a market plunge.
BY JANICE REVELL

116 Bing!
INSIGHTS

22 Allan Sloan
Uncle Sam ahead on the $17 billion Ally bailout? Who’da thunk it?

24 Becky Quick
My love-hate relationship with airlines (I love to hate ’em).

26 Sheila Bair
A bold plan for rebuilding our roads and bridges.

CORRECTIONS: The sidebars in ”How to Invest at Every Stage”(July 1) did not appear in some editions. They are available as ”Five Great Stocks for the Long Haul” at fortune.com/longtermstocks and in the digital tablet editions. ”The Rebirth of Fannie & Freddie” (July 1) stated incorrectly that Fannie Mae reported $58.7 billion in net income in the first quarter of 2012; it was the first quarter of 2013.

ON THE COVER

Photograph by MITCHELL FEINBERG Styling by MEGAN CAPONETTO

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