Remote work is nothing new, but some of us might have got to experience it for the first time during the pandemic, when companies retreated employees from offices to avoid interpersonal contact. Since then, WFH (work from home) has become a buzzword summarizing the new normal in the global workplace.
While many see the metaverse as a place for entertainment and escapism, recent years have seen the rise of sports leagues that exist entirely within it. These leagues have taken advantage of the metaverse’s ability to create realistic and immersive environments to provide their players with a new and unique sports experience.
2021 was a good year for IPOs. IPOs in the United States raised US$156 billion, recording an 81 percent increase over the prior year. With such an outburst, tech stocks raised US$69 billion alone significantly. Shares of Bumble, a dating app created for women’s interests, closed up 63.5 percent in their IPO in January 2021.
By 2027, businesses and people alike are expected to lose US$40.62 billion in payment fraud. The solution to this problem? Tokenization. It refers to the replacement of sensitive data with unique identifiers that retain the length and format of the original data without having any relationship with it.
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.
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.