A forensic look at how major platforms account for user attention as an asset — and what they quietly expense against it. We examine the gap between reported engagement metrics and the underlying economics of retention, with a focus on the structural incentives that keep advertisers anchored even as user trust erodes.
Publication pending. Summary available on request.
Data centres, energy grids, semiconductor fabs, and fibre networks are attracting capital at a rate not seen since the late 1990s. We map where the money is coming from, what returns investors are underwriting, and which bets are being quietly repriced behind closed doors.
Publication pending.
How financial technology firms exploit jurisdictional gaps between banking regulators, payment regulators, and securities regulators — and why the gaps keep widening. A taxonomy of the structural moves, from e-money licences to embedded finance wrappers, with case studies from the UK, EU, and Southeast Asia.
Publication pending.
A ground-level investigation into beneficial ownership in global logistics. Behind the named carriers and branded platforms sits a web of holding structures that obscures who captures value — and who absorbs risk — when things go wrong. First in a series on opacity in physical trade.
Publication pending.
