As of September 2021, Bitcoin’s market capitalization was US$782.65 billion. The cryptocurrency has been gaining massive ground, with over 2,300 US businesses accepting it as a form of payment and Paypal launching crypto services in their U.K. app. However, in spite of the surge in Bitcoin adoption, the currency isn’t quite as safe as one might think it is.
As technology becomes more and more innovative, it is becoming easier and easier to imagine that soon artificial intelligence (AI) would be able to make things all by itself. Already, we have seen a rising concern over AI making its own creative works by recognizing patterns in art styles and structures.
When most people are working from home during (and perhaps after) the pandemic, what can you do with empty offices? At a time when the commercial real estate industry is struggling worldwide, more and more PropTech companies are repurposing vacant office spaces and transforming them for other uses.
No industry is immune to technological advancement, even real estate. Property technology, or PropTech for short, is the technology and software assisting the real estate needs of our time. The goal of PropTech is to optimize everything from owning, renting and living in a property to making the experience unique, easier and more efficient.
Shoppers today want glowing skin, but not at the cost of the environment. That’s evident in the way they are shopping. A study by Wella’s weDo/Professional revealed that more than half of customers prefer buying sustainable beauty products. A Partner at McKinsey, Emma Spagnuolo, shared in a podcast, “Since we started doing our generational research in 2016.
Many of us have visited reputed museums and art galleries and stumbled across a piece of work that appears to be the finger painting project of a toddler. What furthers the layperson’s bewilderment in such situations is that the price tags for such pieces read millions of dollars.
In August this year, the content subscription website OnlyFans was struggling to raise capital, in spite of its US$1 billion valuation. While OnlyFans is a unicorn sporting a high-profit margin, investors are not too keen on buying into the company. The reason why OnlyFans is having such a hard time finding investors is because of their not-safe-for-work (NSFW) image.
In Asia, it is now easier than ever to order groceries online and get them delivered straight to your doorstep within minutes. Delivery platforms, such as Foodpanda’s Pandamart, now offer thousands of items, including daily essentials and fresh produce from small and medium enterprises and local grocers.
A special purpose acquisition company (SPAC) is a corporation that does not have commercial operations. It is rather formed to generate capital through an initial public offering (IPO) to acquire a company.
It’s the classic tale of a CEO running a company into the ground by spending lavishly and recklessly, thus losing investors’ trust. WeWork’s Executive Chairman, Marcelo Claure, rightly noted, “This is a story with drama.”
In the past few months, both the UK and China have struggled with energy shortages. Globally, the prices of gas, oil and natural gas have been soaring as economies are opening up again after experiencing a slump because of the CoronaVirus pandemic.
2021 has been a great year for Non-Fungible Tokens (NFTs), with sales volumes growing eightfold and reaching US$10.7 billion in the third quarter of 2021. The rising popularity of NFTs has encouraged a large number of people, from memers to musicians and even adult entertainers, to join in on the trend!
After having worked from home for a prolonged period of time, people across the world are finally heading back to their office spaces. While some may be excited to hang out with their co-workers in person again, others who have settled into a routine of working in their cozy pajamas might not be too keen to return to the office.
Analysts at the investment bank Morgan Stanley believe that business magnate Elon Musk could become the world’s first trillionaire. They suggest that while Musk might have earned his fortune from the electric car company Tesla, it is SpaceX that will make more money over time.
So you’ve decided to finally launch your business. First off, congratulations! That’s a big step. Secondly, good luck. Starting your own startup is intimidating, to say the least. For most entrepreneurs, it entails entering unknown terrain, crossing their fingers and hoping for the best. With that in mind, here’s our best advice for a young, first-time startup founder:
The COVID-19 pandemic has brought a lot of challenges for employees working from home. As we are fast approaching the post-pandemic world, we have to start getting accustomed to heading back to the office again. No doubt, it is going to be difficult adjusting to the long-forgotten habit of getting ready early in the morning, putting on your finest work clothes, working till 7pm in your suffocating cubicle and dealing with horrible bosses and gossipy colleagues face to face.