LATEST NEWS

3 months ago

U.S. Jobs Recovery Falters as Virus Surge Snaps Hiring Streak

https://www.bloomberg.com/news/articles/2021-01-08/u-s-jobs-recovery-faltered-in-december-amid-virus-surge

The U.S. labor market lost jobs in December for the first time in eight months, reflecting a plunge in restaurant employment that highlights how surging coronavirus infections are taking a greater ... See more

3 months ago

A Tiny Hedge Fund Just Made History by Turning Into an ETF

https://www.bloomberg.co.jp/news/articles/2021-01-08/QMKKUNT0G1KZ01?srnd=cojp-v2

... See more

3 months ago

California Deaths Hit Record as U.S. Cases Soar, Japan Has New Variant; U.K. Vaccine Plan on ... See more

Japan has found a variant of the coronavirus similar to strains discovered in Britain and South Africa. The U.K. is on course to meet its target for vaccines, but faces pressure on the health service ... See more

3 months ago

No End in Sight for Blank-Check Firms After Year of the SPAC

There’s no stopping the SPAC, which emerged from obscurity to seemingly take over finance in 2020.

Special purpose acquisition ... See more

There’s no stopping the SPAC, which emerged from obscurity to seemingly take over finance in 2020.

3 months ago

As the United States entered its first wave of COVID-19 lockdowns, there were wide expectations in startup land that a reckoning had arrived. But the expected comeuppance of high-burn, high-growth ... See more

If you didn’t think much about seed in 2020, you’re not alone. Late, huge rounds consumed most of the media’s oxygen, leaving smaller startups to compete for scraps of attention.

3 months ago

Group Nine Media — which owns Thrillist, NowThis, The Dodo, Seeker and PopSugar — is the latest company to form a SPAC, according to a filing with the SEC.

These blank-check corporations, as ... See more

Group Nine Media — which owns Thrillist, NowThis, The Dodo, Seeker and PopSugar — is the latest company to form a SPAC, according to a filing with the SEC. These blank-check corporations, as ... See more

3 months ago

The definitive ranking of streaming services as we head into 2021

https://www.fastcompany.com/90589589/the-definitive-ranking-of-streaming-services-as-we-head-into-2021

Now that Netflix has a full slate of competitors, where does it stand compared with Disney Plus, HBO Max, Amazon Prime Video, Apple TV Plus, and Peacock?

3 months ago

The 100 greatest innovations of 2020

2020’s year’s top innovations include next-gen gaming consoles, a rapid COVID test, comfy jeans tailored by a computer, and a contact tracing initiative that united two tech giants.

3 months ago

The Work-From-Home Boom Is Here to Stay. Get Ready for Pay Cuts

https://www.bloomberg.com/news/features/2020-12-17/work-from-home-tech-companies-cut-pay-of-workers-moving-out-of-big-cities

White-collar workers are taking advantage of a newfound flexibility to leave expensive coastal cities, even as companies move to “localize” their pay.

3 months ago

Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay

https://www.bloomberg.com/news/articles/2020-12-24/one-asset-that-changed-investors-minds-in-2020-is-bitcoin

The original cryptocurrency again had commentators eating their words in 2020.

4 months ago

Uber Sells Flying Taxi Division to Joby in Broader Retrenchment

Uber Technologies Inc. is selling off its flying taxi division to Joby Aviation and investing in the startup, marking the second time ... See more

Uber Technologies Inc. is selling off its flying taxi division to Joby Aviation and investing in the startup, marking the second time this week Uber abandoned a side project as it aims to turn a ... See more

4 months ago

SoftBank sold its stake in Slack by September and missed out on Salesforce's premium acquisition ... See more

SoftBank sold its stake in Slack by September and missed out on Salesforce's premium acquisition price.

4 months ago

COVID-19: Implications for business - McKinsey & Company

https://www.mckinsey.com/business-functions/risk/our-insights/covid-19-implications-for-business#

Our latest perspectives on the coronavirus outbreak, the twin threats to lives and livelihoods, and how organizations can prepare for the next normal.

4 months ago

MARKETSMapped: The Top 30 Most Valuable Real Estate Cities in the U.S.

https://www.visualcapitalist.com/most-valuable-real-estate-cities-us/

U.S. real estate value is concentrated in just a handful of urban centers. Here's a look at the top 30 most valuable cities in the country.

4 months ago

US venture capital funds have raised a combined $69.1 billion in 2020, edging past a 2018 record and defying the odds amid a pandemic-rattled economy. The high-water mark was set after Andreessen ... See more

US venture capital funds have raised a combined $69.1 billion in 2020, edging past a 2018 record and defying the odds amid a pandemic-rattled economy.

5 months ago

Bitcoin is quickly approaching the record highs that spurred a mania among investors almost three years ago that ended in a violent crash.

The controversial digital asset, which was originally ... See more

Bitcoin is quickly approaching the record highs that spurred a mania among investors almost three years ago that ended in a violent crash.

5 months ago

Pfizer’s COVID-19 vaccine proves 90% effective in first results from Phase 3 clinical trial - The COVID-19 vaccine being developed by Pfizer and its partner BioNTech has shown to be effective ... See more

The COVID-19 vaccine being developed by Pfizer and its partner BioNTech has shown to be effective blocking infection in 90 percent of participants in its Phase 3 clinical trial, the companies ... See more

5 months ago

Hyundai reportedly in talks to buy SoftBank-owned Boston Dynamics - Boston Dynamics could be set to change hands once again, according to a new report from Bloomberg that cited “people familiar ... See more

Boston Dynamics could be set to change hands once again, according to a new report from Bloomberg that cited “people familiar with the matter.” The deal would make Korean automaker Hyundai the ... See more

5 months ago

Weed stocks are hitting new highs after Biden win : Cannabis was a big winner from the results of the United States’ election, and industry stocks are soaring on both the voting results and recent ... See more

Cannabis was a big winner from the results of the United States’ election, and industry stocks are soaring on both the voting results and recent earnings. Companies such as Canopy Growth ... See more

5 months ago

Sony prepares to enter the drone game with Airpeak – Sony has announced that it is entering the drone market with a new brand called Airpeak, though the specifics of the drone itself are left ... See more

Sony has announced that it is entering the drone market with a new brand called Airpeak, though the specifics of the drone itself are left something of a mystery. It plans to launch the project next ... See more

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