While we might be in the midst of a global recession, housing prices have remained high this year. The global real estate market is expected to grow at a compound annual growth rate of 10.5% and reach a value of US$3750 billion in 2022. If properties in the real world seem out of reach, just wait until you hear about how expensive land in the metaverse is.
There are moments in our lives—perhaps we are in the shower or struggling to sleep at 2 A.M.—when we think about all the ways we could influence the world. We find solutions to crypto volatility, world hunger and our neighbor’s ultra-dry plants.
On February 21, 2022, Vladimir Putin, President of the Russian Federation, declared the independence of the Donetsk People’s Republic and Luhansk People’s Republic. Arousing international outcry, this ignited the ultimate invasion of Russia on Ukraine three days later. While Ukrainians are still defying Putin’s covetous ambitions, new technologies have been floating on the surface to take advantage of each other.
Over the past 15 years, the Chief Commercial Officer (CCO) of FreeD Group Limited, Joy Ghose, has accumulated plenty of experience in the travel and technology industry. Before joining FreeD Group, Ghose was involved in sales, marketing and management roles at companies like Merlin Entertainments and The Hong Kong Tourism Board.
While researching for our piece on personal color analysis, I came across the LIPSKIT, a custom lipstick-making tool created by GoPlay Cosmetics. GoPlay Cosmetics is a DIY (do-it-yourself) make-up brand that is looking to prioritize sustainability in the make-up industry without compromising the variety of your lipstick collection.
The Covid-19 pandemic and the isolation that accompanied it has given many of us a healthy appreciation for good company. Over the long periods of self-isolation and quarantine, we have come to the realization that company can also come in many non-human forms, like pets, plants and… Roombas?
Work stress has become one of the most concerning outcomes of long working hours. According to Penn World Table 2019 data, Cambodia recorded the longest average working hours of 47.6 per week, while people in Switzerland only have to work 28.8 hours per week on average.
Imagine accessing the internet by just thinking about it. In fact, imagine what it would be like if I could write this article all in my head instead of typing anything. Well, that is what Neuralink is capable of. Neuralink is a neurotechnological company run by Elon Musk that is working on creating chips that can be implanted into a person’s skull to track brain activity and potentially even stimulate it.
On 3 February 2022, Meta, the parent company of Facebook, made headlines when its stock plummeted more than 26%, erasing more than US$232 billion from its market value. This marked the biggest single-day slide in value for a U.S. company, topping the prior record set by Apple, when it lost around US$182 billion in September 2020.
Deepfake, a portmanteau of “deep learning” and “fake”, refers to hyper-realistic videos that use face swaps that leave little trace of manipulation. Deepfakes are the product of artificial intelligence (AI) applications that merge, combine, replace and superimpose images and video clips to create fake videos that appear authentic.
As of May this year, 43% of U.S. retailers do not have baby formula on their shelves. The situation has become so bad that the state of New York had to declare an emergency to bring down the skyrocketing prices of baby formula.
After entering the digital art, games and music industries, non-fungible tokens (NFTs) have been making their way into the film and television space lately. Aside from preventing piracy and other intellectual property-related issues, NFTs reshape and accelerate the growth of the entertainment industry.
Almost six months into 2022 and layoff reports are already flooding the Indian startup industry and causing turmoil among employees and job hunters. Many startup employees from Indian startups that had raised millions of dollars are getting the pink slip, as these startups are now struggling to keep their businesses afloat. These startups are “restructuring”, “downsizing” or “automating” operations in an attempt to cut costs.
In a world where every single product segment is over-saturated, brands have to try extremely hard to make themselves stand out. And yet, some brands are really, really good at it. If you have ever felt that a brand just gets you, like they know all your choices before you even know them yourself, chances are that they actually do.
Before the internet was first established nearly forty years ago, shopping online was probably as surreal and mind-blowing as magic spells at Hogwarts. Technology advancement now allows everyone to be a magician and shop online on either their phones or computers. With just a few clicks, merchandise is all set to be delivered directly to your doorstep.
Over the past few years, people across the globe have been transitioning to online shopping. As of 2021, 2.14 billion people are estimated to be shopping for goods and services on the internet, with e-commerce accounting for 19.6% of all retail sales worldwide. One of the companies contributing to the exponential growth of the e-commerce industry is Wish.
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