Imagine that you bought an iconic Louis Vuitton (LV) monogram purse from an agent online. To ensure authenticity, you brought the bag to one of the LV flagship stores; but unfortunately, you were told that the bag was counterfeit. For a lot of luxury buyers out there, this is a very real concern every single time they make a purchase.
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.
Cryptocurrency has become increasingly popular in recent years, as people have begun to realize the potential of this new form of currency. However, as with any new technology, there are always those who seek to take advantage of the uninformed. According to the 2021 Crypto Crime report by blockchain analysis firm Chainalysis, scammers conned victims out of US$14 billion in cryptocurrency in 2021, an increase of 79 percent from US$7.8 billion in 2020.
When the time comes for you to tidy up your physical workspace, don’t forget about digital decluttering! A cluttered desktop, messy inbox and overwhelming social media feeds can all lead to decreased productivity at work. You can’t be your most productive self if you’re constantly trying to find things or wading through a sea of notifications.
Global popularity and interest in non-fungible tokens (NFTs) have reached an all-time high. Celebrities, from Jimmy Fallon to Reese Witherspoon, are jumping on the trend and clamoring to acquire their own NFTs.
If you spend any amount of time on social media, you would have seen the discussions surrounding the defamation case Johnny Depp has filed against his ex-wife Amber Heard. This fifty-million-dollar case stems from an op-ed that Heard wrote to The Washington Post back in 2018.
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.
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.
Blockchain technology is gaining more and more popularity with each passing day. In just a few years, blockchain has transformed from an unheard-of technology into a buzzword that is being applied to everything, such as supply chains and cybersecurity. Many startups are harnessing the power of blockchain to address unique needs in their respective industries.
The metaverse—it’s not a sci-fi concept anymore! People are now working in virtual offices in the metaverse. It is a cloud-based, immersive social environment in which 3D avatars interact with one another. You could be on a beach in Thailand and still be able to attend that important meeting with your colleagues in the metaverse—work can take place wherever you are located.
The butterfly effect, a part of chaos theory (a branch of mathematics and mechanics that studies random or unpredictable events in complex systems), is a phenomenon wherein a small or seemingly unrelated event sets in motion the trajectory of something significant. It is fascinating to observe this phenomenon, especially in the dynamic realm of businesses.
Artificial intelligence (AI) and machine learning have been prominent features in Formula 1 (F1) racing since 2018. F1 has partnered with e-commerce giant Amazon to enhance its racing strategies, data tracking systems and digital broadcasts.
The cryptocurrency industry is growing rapidly, and with that growth comes increased interest from companies looking to accept crypto payments. While there are already a few major companies that accept cryptocurrency payments, like Microsoft and PayPal, many more are considering following suit.