Around 42% of wood harvest across the world goes into making paper. The paper industry is a significant contributor to deforestation and consumes 4% of the world’s energy reserve. To mitigate the environmental impact of the paper industry, the Australia-based company Karst has come up with an eco-friendly solution to the world’s paper needs.
Imagine this: you’ve won the lottery and you are going to space, accompanied by a billionaire, in Elon Musk’s aircraft. It sounds like a dream. However, it became a reality for air force veteran Chris Sembroski who won this trip to space in a lottery. Inspiration4”—was launched from Florida and represents the first all-civilian crew heading to space. The journey aims to raise funds for St. Jude Children’s Research Hospital.
In 2021, internet penetration across the Asian continent has rapidly increased. The Asia-Pacific region (APAC) has the largest number of internet users worldwide. The surge of internet penetration has fueled the growth of Over-the-Top (OTT) platforms in the region. OTT content refers to paid or unpaid media services offered to users directly over the internet.
Silicon Valley entrepreneur Elizabeth Holmes’s journey shows that not all Ivy League-dropout stories are those of success. At 19, Holmes dropped out of Stanford to start Theranos, a health-tech company that set out to revolutionize healthcare by detecting diseases with a single drop of blood. The idea was innovative and promising, so much so that Vice President Joe Biden called it “the future of laboratory science”. Seeing its potential, investors poured over US$400 million into the business.
According to a report by Financial Times (FT), China is planning to break up Ant Group’s online payment platform Alipay. The group has been instructed to create a separate application for its loan payment business. Ant Group’s shares have fallen by more than 4% since the news of the break-up first broke.
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