Tag Archives: benefit

Retail, real estate and hospitality are some of the industries which will encounter big opportunities for expansion in the metaverse, says one industry expert. “At the heart of what the metaverse stands for — it makes the internet more conversational,” Kunal Lunawat co-founder and managing partner at Agya Ventures, a real estate tech focused fund, told Yahoo Finance. Lunawat envisions the next version of the internet, or metaverse, will give retail brands the opportunity to create a… Source link

The digital revolution has changed the world in just the last decade and a half, spawning new technologies, new ways of using technologies, and bringing old businesses into the 21st century. Nowhere is this more obvious than in the financial sector. Banking and financial services have benefited enormously from bringing tech into the mix – and their gains have given us a new word to describe it, fintech. 5-star analyst Jeff Cantwell, of Wells Fargo, lays out the upside case for fintech in no… Source link

As commodities prices spike and stocks swoon as a result of Russia waging war against Ukraine, the monetary system could be changed in profound ways, some analysts say. At some point in the future, digital tokens may revert to the inflation hedge and safe-haven from fiat turmoil, as envisioned when they were first created. Traditional safe havens like gold, U.S. Treasuries and the U.S. dollar have surged in the current environment of risk-aversion. In a recent analysis, Zoltan Pozsar, global… Source link

Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to protest the invasion of Ukraine, while firms like YouTube (GOOG, GOOGL) , Meta (FB), and Microsoft (MSFT) are limiting the availability of Russian propaganda networks like RT and Sputnik in Europe. And while Big Tech’s moves put at least some pressure on Russian President Vladimir Putin and… Source link

Russia’s invasion of Ukraine threatens a humanitarian disaster of catastrophic proportions. Already, hundreds of casualties have been reported, and thousands of people have fled the country. It could get much worse. The war in Eastern Europe, like all conflicts, is devastating. But it’s also hard to turn away from. Millions of people around the world have tuned into social media sites over the past few days as a modern war has played out in real time. All… Source link

Google has accused Apple of benefiting from bullying as part of a deliberate strategy to make Android users into second-class citizens on the iPhone-maker’s iMessage service. Apple’s messaging service includes a number of iOS-exclusive features, like Memoji, and famously turns texts from Android users green instead of the iOS-native blue. This has turned iMessage into a status symbol among US teens, creating peer pressure for young people to buy iPhones and sometimes leading to the… Source link

An obscure COVID stimulus benefit will pay you up to $9,000 for a funeral The nation’s massive pandemic rescue plan includes one kind of funding that gets less attention: a funeral assistance program, offering families of those who have died of COVID up to $9,000 to cover burial costs. Part of the Biden administration’s $1.9 trillion COVID relief plan signed in March, the funeral expenses program extends much-needed help to families who may have gone into debt or lost wages in the… Source link

Electric vehicles have been with us since the dawn of automobiles; several early models a century ago were electrically powered. But the technology involved – in power generation, in batteries, in electric drive motors and power trains, in chassis and body design and materials – is coming into its own now. Today’s electric cars share the same styling as gasoline vehicles, can match or exceed legacy vehicles’ performance, and are rapidly gaining in reliability and battery charge… Source link

Electric vehicles (EVs) have been on the roads for the better part of two decades now, in slowly increasing numbers. The technology isn’t new – EVs were part of the initial wave of automotive technology over a century ago – but modern metallurgy, batteries, and drive trains have made them more practical. While the internal combustion engine still offers an overall better package of performance, power, and price, EVs are catching up. They are getting a boost from the government, in the… Source link

(Bloomberg) — Tilray Inc. shares surged the most in more than five months as investors rewarded the cannabis company for profiting even amid challenges due to Canada’s Covid-19 restrictions. Net income was $33.6 million for the fiscal fourth quarter ended May 31, compared with a loss of $84.3 million in the year-earlier period, while earnings before interest, taxes, depreciation and amortization almost quadrupled to $12.3 million, the Leamington, Ontario-based company said in a statement… Source link