Business English News 54 – Tech Takeovers

Business English News 54 - Tech Takeovers

In this Business English News lesson we look at business English vocabulary related to tech takeovers or mergers and acquisitions.

Takeovers are a huge part of the tech business, and they’re not always hostile. In fact, many young entrepreneurs build niche companies hoping to be acquired. And for the giants of tech, mergers and acquisitions are a critical growth strategy. With the personalities and egos involved, takeovers keep the news cycle buzzing, as the drama at Twitter has shown. According to the Guardian:

Elon Musk’s $44 billion acquisition of Twitter in 2022 promised the biggest shake-up since the company was founded. The former world’s richest man was keen to take on the project after becoming disillusioned by the site’s perceived biases and content moderation policy. But Twitter’s revolution became a bloodbath in the process, cutting staff by 80% to hone in on the new direction. Then they lost users and advertisers as a lean team struggled to manage disinformation, trolling and impersonation online.

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BEP 398 – English for Sales: Financial Services (2)

BEP 398 LESSON - Sales: Financial Services 2

Welcome back to Business English Pod for today’s lesson, the second in a three-part series on selling financial services.

When many people think of making money, they think of having a job and earning a salary. But if you’ve ever saved money or made an investment, you know there are other ways to make money. I mean, the money itself can do the work, if you make smart decisions with it. And just as there are lots of ways to invest money, there are lots of words we use to talk about money and investments.

In our last lesson, we were introduced to the world of “wealth management.” And we met a character in the dialog who was “planning for retirement.” These expressions, “wealth management” and “to plan for retirement,” are what we call collocations.

A collocation is a natural combination of words. Proficient English speakers know to use the verb “to plan for” with the noun “retirement.” The words combine to create a collocation, or a set expression. Learning collocations can help you sound more natural, and it can be easier to remember words together, rather than separately.

In today’s dialog, we’ll rejoin Jessica, the person who’s planning for retirement, and Robert, a wealth manager. Jessica is visiting Robert’s office to learn more about his services. And Robert is trying to gently persuade Jessica to become his client. During their conversation, they use many English collocations, which we’ll explain later in the debrief.

Listening Questions

1. What kind of approach does Robert say his firm takes to wealth management?
2. Besides managing investments, what is another service that Robert’s firm offers to people like Jessica?
3. What type of investing does Jessica say she is particularly interested in?

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Business English News 53 – TikTok

Business English News 53 - TikTok

In this Business English News lesson we look at business English vocabulary related to technology and TikTok.

It seems like every week there’s news of another attempt to ban TikTok. Indeed, the federal government and half the states in the U.S. have outlawed use of the app on government-owned devices. Never before has there been such a reaction to an app’s sudden popularity. So just how did the app reach one billion downloads and 150 million active users in the U.S.? According to the Guardian:

TikTok owes its phenomenal success to a host of canny choices. They feature easy-to-use video, with creation tools that blur the line between creator and consumer. Their vast library of licensed music allows teens to soundtrack their clips without fear of copyright strikes. And a billion-dollar advertising campaign on Facebook brought in new users as quickly as Zuckerberg’s company could send them over.

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Business English News 52 – ChatGPT

Business English News 52 - ChatGPT

In this Business English News lesson we look at business English vocabulary related to artificial intelligence and ChatGPT.

For a while, it seemed like the hype around artificial intelligence had died down. But a recent development in AI has taken the world by storm. It’s called ChatGPT, and unless you live in a cave, you’ve surely heard about it. But what exactly is it? As the Guardian explains:

Trained by AI and machine learning, ChatGPT is designed to provide information and answer questions through a conversational interface. OpenAI said the new AI was created with a focus on ease of use. “The dialog format makes it possible for ChatGPT to answer follow-up questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests.”

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BEP 394 – English Idioms about Body Parts (2)

BEP 394 - English Idioms about Body Parts (2)

Welcome back to Business English Pod for today’s lesson on business English idioms based on the human body.

In your time studying English have you ever heard the expression “to learn something by heart?” Maybe you had to learn an English song by heart. Or maybe it was verb conjugations, or a list of vocabulary that your teacher made you learn “by heart.” And maybe you know that learning something by heart means memorizing it, which is kind of strange when you consider our memory is in our brain, not our heart!

But “to learn by heart” is an idiom. And English has thousands and thousands of idioms. It’s one thing that makes English really hard to learn. But you’ll find that English idioms tend to rely on certain themes or metaphors, like body parts. And today we’ll look at some idioms that refer to brains, ears, hearts, hands, lips, fingers, and even heels.

In this lesson, we’ll rejoin a conversation between Maria and Trevor. They are friends and former colleagues who are meeting for coffee to chat about their work situations. In their conversation they use many different idioms related to human body parts. See if you can spot some of these idioms as you listen, and I’ll explain them later in the debrief.

Listening Questions

1. How does Maria describe her CEO?
2. What does Trevor say when Maria tells him she has a secret?
3. What has Maria seen happen to other companies that makes her afraid of starting her own?

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