In 2018, the U.S. Securities and Exchange Commission charged Theranos CEO Elizabeth Holmes and former Chief Operating Officer Sunny Balwani with an “elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology, business, and financial performance.” In January 2022.
Business and political conversations in recent years have shown that you simply cannot talk about progress without mentioning sustainability. Startups and big corporations are having to upgrade their business models to factor in climate change and the environment. Shoppers have taken notice, too.
Despite the pandemic, 2021 had been a bumper year for initial public offerings (IPOs). According to the 2021 EY (Ernst & Young) Global IPO Trends Report, the global IPO market had a total of 2,388 IPO deals, raising US$453.3 billion in proceeds. Global IPO activity was up 64 percent in deal numbers and 67 percent in proceeds when compared to 2020.
As you get older, it gets harder and harder to keep up with the advances in technology. Also, cybercriminals are exploiting the pandemic-induced shift to the digital realm to their benefit. The elderly lose US$30 billion a year to online scams, and as of 2020, there has been a 69% increase in online scam reports.
“Sounds like BS” was Tesla CEO Elon Musk’s very eloquent review of Web 3.0. After all, few people know more about BS than Musk.
Web 3.0 has been touted as the internet of the future and a new generation of webs. It aspires to decentralize the internet using blockchain-based tokens. It will allow people to “own” their internet activities, thus doing away with the power of big techs, such as Amazon, Alphabet and the like.
Much like most other industries, the music industry also saw a hefty blow from the pandemic. Be it BTS, the Weeknd, Harry Styles or Bon Jovi, a lot of major artists have had to cancel their concerts throughout 2020. To make up for these canceled live interactions with fans, artists shifted to the Internet.
For employees and employers alike, the work-from-home scenario has not been easy. Sure, we have all found ways of staying productive and getting our jobs done. Yet, for employers supervising remote employees for the very first time, remote surveillance has become the only option.
On December 31, 2021, decentralized finance (DeFi) ecosystem platform MRHB DeFi raised US$5.5 million through an Initial DEX Offering (IDO). The IDO allowed global investors to participate directly in the funding rounds with no third-party mediator. From raising capital through an Initial Coin Offering (ICO) to launching an IDO—cryptocurrency has made possible new ways for startups to raise money with fewer hurdles. Here, we take a look at what an IDO is and how your startup can get started with one.
With the global average life expectancy reaching over 70 years, it is more important than ever today to make services of all kinds more accessible to the elderly. The COVID-19 virus and the threat it poses to seniors has also been an important reason why they have shifted to the digital realm for their necessities.
When Covid-19 first broke out, employees were worried about losing their jobs, and we’ve seen companies closing down or shrinking in scale to survive the economic downturn. But now, it seems like employers are in a predicament as the “great resignation” is happening. According to the U.S. Bureau of Labor Statistics, about four and a half million people quit their jobs in November 2021.
With a widespread presence in more than 150 countries and 36 subsidiaries, L’Oréal has dedicated itself to advancing beauty technology for over a century. As the world’s leading beauty company, L’Oréal is present across all distribution networks: supermarkets, department stores, pharmacies and drugstores, hair salons and e-commerce.
The global crypto market capitalization reached US$2.18 trillion in 2021. According to the Bloomberg Galaxy Crypto Index, the cryptocurrency market grew by 160% in 2021, which far surpasses growth of conventional commodities. With such a booming market segment, it is only natural that people would want to find ways to make money from crypto.
The cryptocurrency boom is well and truly here. However, when it comes to using cryptocurrency, there is no clear way of determining what is okay to engage in and what isn’t. After all, cryptocurrency is constantly evolving and keeping pace with this change is no easy feat. Regulating cryptocurrency is important, and some government officials have been working towards building some sort of a framework. Still, due to the dynamic nature of the currency.
PropTech startups have made navigating the real estate market easier, cheaper and more transparent. They have simplified the buying, selling, leasing and renting process for both real estate agents and their clients. The Asia-Pacific (APAC) region has proved to be a prime location for the development of such companies. Here’s a list of the top five fastest-growing PropTech companies in the APAC region.