“No Filter” by Bloomberg News reporter Sarah Frier has been named the Financial Times and McKinsey Business Book of the Year.
The book details what happened after Facebook bought rival picture-based social networking site Instagram in 2012.
“This is a culmination of years of reporting on social media companies,” said Frier after the announcement was made.
The five other finalists were:
“Deaths of Despair and the Future of Capitalism,” by Princeton University professors Anne Case and Angus Deaton, which is based on the authors’ findings about the rising mortality rate among white non-college-educated Americans;
“If Then,” New York staffer Jill Lepore’s history of the Simulmatics Corp., founded in 1959, whose legacy can be detected today in the work of companies such as Google, Amazon and Facebook;
“No Rules Rules,” by Reed Hastings, founder of Netflix, and Erin Meyer, who explain and analyze the media group’s radical culture;
“Reimagining Capitalism,” by Harvard University professor Rebecca Henderson, about the climate emergency and how government, society and purpose-led businesses should tackle it; and
“A World Without Work,” Daniel Susskind’s analysis of the future of work and what to do when machines make human work obsolete.
The longlist consisted of 15 titles, and there were more than 400 entries.