2018-08-20

August 20, 2018○ TMZ pivots to politics 50○IBM’sbigpatent payday 64○ The Turkish stress test 10Tyson looks beyond meat 38CCJRISKOEINEHE!3 August 20, 2018PHOTOGRAPH BY ERIVER HIJANO FOR BLOOMBERG BUSINESSWEEKFEATURES38LifeAfterChickenEating meat is in decline—and Tyson might be OK with that44TechnologicalDiiculties Europe’s got a lot going for it. Why do its startups keep stalling or selling out?50TMZPivotstoPolitics After giving Trump a leg up, the gossip machine looks for its next candidate⊳ Hard at work in the London oice of Revolut, a digital banking platform□ IN BRIEF7Tesla gets a subpoena; toxic algae smothers Florida□ AGENDA8Hurricane season ramps up; the bolívar slims down□ BLOOMBERG VIEW8On Russia, carry a big stick and speak loudly□ REMARKS10 Is Turkey’s currency crisis contagious?1BUSINESS 14Amazon’s Twitch isn’t playing games16Utilities in California worry about getting burned17 Europe’s discount airlines inspire discount railroads2TECHNOLOGY 18China’s tech giants have a thing for startups 20Teva’s loss, Israeli medtech’s gain22Saving people before the fire or earthquake even hits23 A GPS that can’t be led astray3FINANCE 24The card company tracking your every swipe26America’s red-hot real estate market: Dorms27 A major donor takes the University of Chicago to courtECONOMICS 28At one resort, life after Brexit won’t be a beach30 Japan’s auto parts makers face a future with fewer partsPOLITICS32Where does Turkey’s Erdogan go from here?34Why California keeps building in fire country□ PURSUITS 55Ontario, the Burgundy of the north58Fall arts preview: From Ralph Fiennes to Lucien Freud 60A $264,000 safe better be, well, safe62Ice cream, candy, and pizza museums? We’re full63Time to take that tree thingie of your rearview mirror□ LAST THING 64 Wringing profits from forgotten patents4□ CONTENTS Bloomberg Businessweek August 20, 2018How to Contact Bloomberg Businessweek Editorial212 617-8120Ad Sales212 617-2900731 Lexington Ave.,New York, NY 10022Emailbwreader @bloomberg.netFax212 617-9065Subscription CustomerService URLbusinessweekmag .com/serviceReprints/Permissions800 290-5460 x100or emailbusinessweekreprints@theygsgroup.comLetters to the Editor can be sent by email, fax, or regular mail. They should include the sender’s address, phone number(s), and email address if available. Connections with the subject of the letter should be disclosed. We reserve the right to edit for sense, style, and space.Follow us on social mediaFacebook facebook.com/ bloomberg businessweek/Twitter @BWInstagram @bloomberg businessweekJAPAN: AKIO KON/BLOOMBERGCover: Illustration by Peter Crowther Associates Ltd.; Photographs: Getty (2)A BUSINESS IS ONLY AS STRONG AS ITSWEAKESTLOCATIONThe performance of every one of your remote locationsis critical to the success of your business. That’s whyComcast Business has built network solutions thatprovide your entire distributed enterprise with the samecapabilities as HQ. Our ActiveCoreSM Platform with its SD-WAN sol