Month: January 2026

The rise of artificial intelligence (AI) is capturing the attention of investors, companies, and media outlets worldwide. However, as expectations grow, so do doubts: are we witnessing a truly expanding market, or are we facing a financial bubble comparable to the dot-com boom of the early 2000s?

Renowned investment experts such as Danny Moses (former member of FrontPoint Partners) and Michael Burry(famous for betting against the housing market in 2008) have begun to analyze the current AI landscape and its potential risks.

Experts’ Perspective on the AI Market

Parallels with the Dot-Com Bubble

Danny Moses has pointed out that while AI represents real, long-term growth, there are also warning signs reminiscent of the dot-com bubble: inflated valuations, exaggerated expectations, and companies that have yet to prove a sustainable business model.

“The growth was real, but the numbers didn’t add up. I think we’re getting to a point where the numbers are starting not to add up,” Moses states.

For his part, Michael Burry has criticized several major technology companies, including Nvidia and Tesla, for being “ridiculously overvalued”, further fueling the debate over the sustainability of AI investments.

Strategies for Investing with Caution

Distinguishing Between Winners and Losers

According to Moses, not all AI stocks are created equal. Some companies, such as Amazon, Google, Meta, or Microsoft, have strong balance sheets, ample resources to sustain growth, and lower financial risk.

By contrast, companies like Oracle, or smaller and more volatile firms such as Super Micro Computer or CoreWeave, represent much riskier investments.

“Investors are beginning to distinguish between the winners and losers in the sector, preferring companies with solid balance sheets to leverage the full potential of AI,” Moses explains.

Unexpected Opportunities: Uranium

Interestingly, Moses also identifies opportunities in complementary markets. Uranium, for example, is emerging as a strategic resource to support the expansion of artificial intelligence, although its potential returns require patience and a long-term investment vision.

“There is a mismatch between when people believe organizations will benefit from artificial intelligenceand the infrastructure that will actually be required to power it,” the investor states.

Key Lessons for Investors

1. Do your homework before investing: not all AI companies have sustainable business models.
2. Prioritize companies with strong balance sheets: industry leaders are better positioned to withstand market volatility.
3. Watch complementary markets: strategic resources such as uranium may offer unexpected opportunities.
4. Beware of excessive enthusiasm: rapid growth does not always translate into immediate profitability.

Conclusion

The artificial intelligence market is real and holds enormous potential, but it also shows bubble-like signals similar to those seen during the dot-com era. Experienced investors like Danny Moses and Michael Burry recommend caution, in-depth analysis, and a selective investment strategy, focusing on financially solid companies and complementary opportunities.

If you want to learn how to navigate disruptive markets and make strategic decisions based on financial analysis and future-oriented thinking, ENEB offers specialized programs in finance and technology that prepare professionals to invest and lead in changing environments. The most notable programs in this area include the Master in AI for Business, the MBA + Master in AI for Business, and the Master in Big Data and Business Intelligence + Master in AI for Business.

In less than a decade, TikTok went from being an unknown app to becoming one of the most influential platforms on the planet. With millions of users worldwide, especially among young people, its cultural impact is undeniable. However, behind the dances, challenges, and viral content, a conflict has emerged between the United States and TikTok for reasons that go far beyond technology: national security, international politics, and the regulation of the digital world all come into play.

This story not only changes the way we understand social media, but also opens a deep debate about data sovereignty, geopolitical power, and the future of digital commerce. Below, we break down its key points.

What is TikTok and why did it succeed?

TikTok is a short-form video platform owned by ByteDance, a company based in China. Launched internationally in 2017, it combined entertainment, personalization, and virality to attract hundreds of millions of users worldwide in record time. Its highly sophisticated algorithm personalizes content almost instantly, turning it into one of the most addictive apps of the digital era.

The conflict with the United States: key concerns

National security and user data

Since 2020, the United States has raised serious national security concerns, arguing that TikTok could share data from millions of Americans with the Chinese government. This data includes personal information, in-app activity, and behavioral patterns, which for many critics represents a potential risk of espionage or foreign influence.

In response, in 2022 the No TikTok on Government Devices Act was approved, which banned the use of TikTok on federal government devices for security reasons.

Attempts at regulation and prohibition

Executive order and legal challenges

In August 2020, then U.S. President Donald Trump signed an executive order seeking to ban TikTok unless its parent company, ByteDance, sold the app or separated it from its control.

However, this initial move was blocked by the courts and later revoked, leading to years of debate over whether TikTok should be allowed to continue operating in the United States. The dispute included legal cases such as TikTok, Inc. v. Garland, in which the company argued that forcing the sale of the platform violated freedom of expression.

2024 law and Supreme Court decision

In April 2024, the U.S. Congress passed the Protecting Americans from Foreign Adversary Controlled Applications Act, a law that required TikTok to be sold or face a complete ban in the country on national security grounds.

On January 17, 2025, the Supreme Court upheld this legislation, consolidating the requirement of divestiture or prohibition.

What has happened to TikTok in the United States?

Restrictions, agreements, and new negotiations

Since that ruling, TikTok has operated in a highly uncertain environment. The United States imposed deadlines and restrictions, banning downloads from app stores and limiting its use on federal devices.

By late 2025, an agreement was reached under which ByteDance agreed to create a new entity for TikTok’s U.S. operations, with a majority stake held by American investors, including Oracle and other partners. This move aims to ensure data protection, algorithm oversight, and content moderation under local supervision, thereby avoiding a total ban.

The agreement is expected to be finalized this month, January 2026, marking a possible new chapter for TikTok in the United States.

Global implications of the conflict

A precedent for digital sovereignty

This conflict is not just about TikTok; it represents a broader tension between globalized technology and state regulation. The United States seeks to set precedents on how to control applications that collect data at massive scale, and that could potentially influence domestic policies or compromise citizens’ privacy.

Debate over freedom of expression vs. security

TikTok has consistently argued that forcing its sale or banning the platform violates fundamental rights, particularly freedom of expression. According to the company, restricting access to a platform with over one hundred million users directly affects the right to communicate and share ideas.

Conclusion

The relationship between the United States and TikTok is a complex mix of politics, technology, economics, and digital rights. It represents a new frontier in the regulation of global platforms, where data access, national security, and freedom of expression collide in unprecedented ways.

This case also highlights the importance of understanding the implications of operating in an interconnected world, and how strategic decisions can impact not only technology companies, but also millions of users and public perceptions of the balance between security and freedom.

It was Canada’s most valuable company. It dominated corporate telephony with an iron fist, to the point where it seemed impossible to work without its devices. Executives, governments, and large companies relied on them daily. And yet, BlackBerry collapsed in record time, disappearing from the map. There was no way to revive it.

We are talking about RIM (Research In Motion), although the world remembers it by the name of its flagship product: BlackBerry. If you are not part of Generation Z, you will remember those smartphones with physical keyboards that became a symbol of productivity, modernity, and professional status.

From Absolute Leader to “CrackBerry”

The Birth of a Corporate Addiction

In the early 2000s, when the iPhone did not yet exist and the market was dominated by Nokia and Palm PDAs, Mike Lazaridis and Jim Balsillie introduced a key innovation: an integrated physical keyboard and, above all, a data plan linked to the device.

BlackBerry enabled something revolutionary at the time: being constantly connected to email. Although it worked on 2G networks, it was enough to change the way people worked. The result was an overwhelming success.

The dependency was such that users could not separate from the device. Hence the term “CrackBerry”, a play on words comparing its compulsive use to an addiction. The corporate market was captivated… but the world was about to change.

The Turning Point: Ignoring the Consumer

The iPhone and Android: The Mistake That Changed Everything

In 2007, the iPhone arrived. Soon after, Android. BlackBerry made a mistake shared by other brands—but it paid more dearly: it thought they were just phones.

The company relied on its physical keyboard to beat touchscreen devices, underestimated the power of design, ignored the potential of app stores, and clung to a proprietary operating system. When it reacted, it did so late and poorly, with uncompetitive devices such as the BlackBerry Torch.

Android expanded unprecedentedly, while BlackBerry remained closed to integration. BB10 arrived too late and without sufficient support from developers or users.

Strategic Decisions That Accelerated the Failure

Mistakes That Destroyed Competitive Advantage

1. The BlackBerry PlayBook Disaster

An expensive, poorly designed tablet with no clear market and absurd dependencies, like the mandatory connection to a phone. It was an immediate failure that eroded investor and shareholder confidence.

2. Charging for Email

BlackBerry believed its “ultra-secure” email would justify a premium. But the market showed that users were unwilling to pay for something others offered for free with only a few seconds’ difference. Extreme security interested very few.

3. Out-of-Market Design and Features

It was not until 2013 that a truly attractive device was launched: the Z10. It arrived six years late, with inferior specifications, unoriginal design, and a price fit for market leaders… when it was no longer one.

4. Dependence on Carriers

BlackBerry relied entirely on its relationship with operators and neglected consumer marketing. While Apple and Samsung captured the end-user market, BlackBerry continued speaking only to enterprises and carriers.

Corporate Culture and Ego: The Invisible Enemy

Success acted like a drug. The dominant position generated ego, slowness, and resistance to change. Decisions were delayed, strategic vision fragmented, and the company reacted instead of leading.

This cultural collapse was so deep that it inspired the book Losing the Signal, later adapted into a movie showing how a company can lose its way when it confuses past success with future invulnerability.

Business Lessons from BlackBerry

1. Success does not protect against failure.
2. Ignoring the consumer is lethal.
3. Innovating too late is equivalent to not innovating.
4. Corporate culture can sink a company.
5. The market changes faster than organizations.

ENEB: Learning from Mistakes Before Making Them

At ENEB, we analyze cases like BlackBerry to train leaders capable of anticipating change, making strategic decisions, and avoiding mistakes that have destroyed multi-million dollar companies.

Our programs are designed to develop vision, critical thinking, and adaptive leadership in an increasingly volatile business environment.

BlackBerry did not disappear due to a lack of technology or resources, but due to a lack of adaptation. It was a victim of its own success and an inability to evolve with the market.

Its story is a clear warning: no company is safe from failure if it stops questioning itself. For more cases of companies that were once successful but failed, we encourage you to read the Yahoo Case Study.

In recent years, Dubai has evolved from being merely a regional business center to becoming an international hub for startups and business expansion. Thanks to its unique combination of capital, talent, technological infrastructure, and regulatory support, the city has positioned itself as an ideal location for companies from around the world to launch their global operations.

This article analyzes how Dubai has become a springboard for innovative companies, exploring specific cases and the strategic advantages it offers for international expansion.

From regional center to global hub

Dubai has undergone rapid transformation. What began as a center for trade and tourism in the Gulf has become an ecosystem that attracts talent, financing, and strategic partners from around the world. The city offers world-class infrastructure, favorable regulations, and connectivity to key markets in Europe, Asia, and Africa, enabling startups to scale quickly without losing agility.

Its geographic location also plays a key role: the city is in a time zone that effectively connects the MENA region with Europe, Asia, and Australia, facilitating real-time international operations.

Success stories: companies using Dubai as a springboard

Supy: innovation in the hospitality sector

Supy is a startup that develops internal management platforms for restaurants. Its founder, Dani El Zein, started the project after experiencing cost control issues in his own restaurant. Dubai became the ideal platform to launch and expand Supy due to:

• A demanding and diverse gastronomic ecosystem.
• Connection to international markets without the need for significant adjustments.
• Access to key technology partners.

Supy currently operates in the MENA region, the United Kingdom, and Australia, and plans to expand to Hong Kong, demonstrating how Dubai facilitates international scalability.

Huspy: disruption in the real estate sector

Huspy, a Dubai-based proptech company, is transforming the way homes are bought and financed, combining technology, transparency, and empowerment of real estate agents. The choice of Dubai as its headquarters was strategic:

• Positioning as a global center of innovation.
• Favorable regulatory environment.
• Connectivity with EMEA and European markets.

Huspy currently operates in 10 cities in the United Arab Emirates, Spain, and Saudi Arabia, with plans to expand to more than 100 cities in the coming years.

Stake: democratizing real estate investment

Stake allows investors to purchase fractions of properties, facilitating access to high-quality real estate in Dubai and beyond. The company has leveraged:

• Clear regulations and government support.
• Advanced technological infrastructure.
• Global investor base.

Its expansion includes Saudi Arabia and the United States, demonstrating how Dubai can serve as a launchpad for complex international markets.

Strategic advantages of Dubai for global companies

1. Access to international capital and talent: Although the ecosystem is still developing, local and international capital and talent are converging, creating unique opportunities for startups.
2. Global connectivity: The location and time zone allow companies to operate on multiple continents from a single headquarters.
3. Favorable regulatory environment: Clear regulations and institutional support facilitate the creation of companies with global ambitions.
4. Rapid scalability: The combination of technological infrastructure and partner networks allows for frictionless expansion.
5. Culture of innovation: The competitiveness of the local market drives efficiency, creativity, and operational discipline.

ENEB and training in international business

At ENEB, we understand that to take advantage of opportunities such as those offered by Dubai, business leaders need strategic training and global skills. Our programs are designed to prepare professionals in international management, startup expansion, and business leadership, ensuring that they can successfully identify and capitalize on emerging markets.

Conclusion

Dubai is establishing itself as a global springboard for companies seeking international expansion. Its strategic location, favorable regulations, global connectivity, and innovative ecosystem make it an ideal starting point for startups and established companies. If you want to learn more about business expansion in Dubai and its global ecosystem, we recommend this Forbes article.

For any company that wants to grow beyond its borders, establishing itself in Dubai not only means a presence in the Gulf, but also efficient and scalable access to international markets, making it a true global hub of innovation and opportunity.