Regulators after Stablecoin now Regulators have placed a target on Stablecoin as a result of some actions taken in the financial regulator group chat. Since the mention of Stablecoin from worldwide officials, the coin has been in constant flux. Janet Yellen made the conversation live over Twitter the other day as she spoke with prominent … Read more
After selling the Washington Post for $250 million in June, Jeff Bezos has relinquished the role of CEO of Amazon, the company he founded in 1994 as an online book shop in Seattle. With a wealth of $199 billion, Bezos left his position as CEO as the world’s richest man. And, although he just bought … Read more
Suddenly, at 12:00 a.m. on Thursday, a billion-dollar business was conjured out of thin air. For the first time, players are permitted to sign endorsement agreements and earn money from their reputation thanks to the loosening of regulations regulating name, image, and likeness (NIL). As a consequence, a “transcendent day for American sports” is predicted … Read more
Today is the Chinese Communist Party’s 100th birthday, and the party wants to show the world that it still has all of its fangs. President Xi Jinping gave a speech that he hopes will establish him as the most powerful Communist Party leader since Mao Zedong. Chinese social media is buzzing, coal miners are taking … Read more
Just Sell it – The Nike way Yesterday, Nike pulled a Javier Sotomayor and saw their stock rise 15.5 percent to an all-time high. On Thursday, the sports clothing company announced record North American sales of $5.4 billion and global revenue of $12.3 billion. The future seems to be much more promising. Nike expects to … Read more
Dissent within the ranks at Google? According to the New York Times, some Google personnel feel the business is suffering due to its scale and CEO Sundar Pichai’s leadership. They cited a paralyzing bureaucracy, a proclivity for inactivity, and a focus on general impression, all of which are characteristic of a big, mature corporation. From … Read more
GoI has more regulations for e-commerce platforms! First Some context: Many trade unions, particularly the Confederation of All India Traders, have frequently advocated regulating e-commerce companies. The Competition Commission of India is presently investigating two of the largest e-commerce companies, Amazon and Walmart-owned Flipkart. An explosive Reuters report earlier this year claimed to reveal Amazon’s … Read more
Vishal Sikka, the previous CEO of Infosys (although for a short time), is making headlines again. His new business, Vianai Systems, was just launched. SoftBank has invested $140 million in him. They are developing a human-centered Artificial Intelligence platform, which is a system that learns and collaborates from non-machine inputs. This approach, according to Vishal, … Read more
Sugar prices are expected to plummet shortly. It’s great for bakers and soft drink manufacturers, but it’s terrible for everyone else. The following is a breakdown of how it works. Electricity is becoming a more environmentally friendly alternative to fossil fuels for cars throughout the globe. This has begun to show in Brazil, which is … Read more
