June 27, 2019 · 3 MIN READ
One of the biggest stories in Asian business is China’s “Belt and Road” Initiative, President Xi Jinping’s signature foreign policy venture that aims to redraw global trade routes. It is estimated to cost more than $1 trillion USD, making it arguably the largest overseas investment programs ever undertaken by a single country. This could likely change the global eco-economic and geopolitical balance of power.
Apr 15, 2019 · 2 MIN READ
The exponential growth of data is undisputed, but the numbers behind this explosion are hard to comprehend, particularly when looked at in the context of one day. By 2025, it’s estimated that 463 exabytes of data will be created each day globally – that’s the equivalent of 212,765,957 DVDs per day!
Apr 11, 2019 · 3 MIN READ
Tech companies are betting that the future of personal computing will be driven by the sound of your voice. If they’re right, this early stage of smart speaker adoption will have a massive impact on future profits. Switching smartphone brands is relatively straightforward, but switching an entire voice assistant ecosystem? That’s not quite as easy.
Apr 07, 2019 · 2 MIN READ
A whole lot can happen in an internet minute. If you have been wondering, wonder no more. This easy-to-digest infographic breaks down what happens in one minute on the internet: 18.1 million text messages and 188 million emails sent, 3.8 million Google searched, 4.5 million videos watched on YouTube, and 694,444 hours watched on Netflix.
Dec 24, 2018 · 2 MIN READ
Are you feeling like getting inspired, motivated or just looking for a feel-good cry? Then look no further. There’s no better way to start your day than with a fresh cup of coffee and a nice TED talk to make you feel ready to take on your day. Each talk is shorter than 30 minutes, so feel free to bookmark for later consumption. Feast your mind.
Dec 14, 2018 · 2 MIN READ
The latest estimate from the World Bank puts global GDP at roughly $80 trillion in nominal terms for 2017. This chart from HowMuch.net uses data from the World Bank to visualize the entire global economy by GDP in 2017 in one chart.
Dec 14, 2018 · 3 MIN READ
There are over 1.1 billion websites on the internet, but the vast majority of all traffic actually goes to a very select list of them. Google.com, for example, has an astounding 28 billion visits per month.
Dec 06, 2018 · 2 MIN READ
The company is expected to go public as early as the first quarter of 2019 and its valuation is expected to exceed the $15.1 billion it previously was estimated to be worth.
Nov 23, 2018 · 4 MIN READ
Toys “R” Us Filed for Bankruptcy in Sept. 2017, Crippled by Competition and Debt. Who will move in to fill the space under your tree?
Sears, The Original Everything Store, Files for Chapter 11 Bankruptcy Protection; Eddie Lampert Steps Down As CEO
Nov 11, 2018 · 4 MIN READ
Sears, the original everything store that once was one of the largest retailers with more than 125-year history, filed for bankruptcy protection. Today, Sears is drowning in $5.5 billion of outstanding debt.
Aug 27, 2018 · 5 MIN READ
It is no secret that the American film industry overwhelmingly favors male actors. Only one woman has ever won an Oscar for best director, Kathryn Bigelow for The Hurt Locker in 2009. Learn how The Muse Project is working to change just that.
Apr 20, 2018 · 4 MIN READ
On Saturday, March 17, 2018, The New York Times first reported Cambridge Analytica ‘improperly’ harvested millions of Facebook users’ data. Facebook says as many as 87 million people may have had their data accessed. Facebook’s CEO Mark Zuckerberg responded to the situation. “We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you.”
Mar 11, 2018 · 2 MIN READ
China’s legislative body, the National People’s Congress, has voted overwhelmingly to remove presidential term limits from its constitution, giving President Xi Jinping “the right to remain in office indefinitely.” The vote was widely regarded as a rubber-stamping exercise. Two delegates voted against the change and three abstained, out of 2,964 votes.
Mar 5, 2018 · 2 MIN READ
Tariffs are a political tool that has been used throughout history to restrict the flow of imports into a country. A defiant President Trump tweeted on Friday, March 2, 2018, “trade wars are good, and easy to win”. China has clearly indicated that if necessary they will take action.
Feb 25, 2018 · 3 MIN READ
Amazon is a company of the present but for the future— they are groundbreaking in their methods and revolutionary in their influence. Amazon made it abundantly clear in its criteria for a host city that it must prioritize public transit.
Feb 11, 2018 · 3 MIN READ
There has never been a company quite like Amazon. The company that once started as an online bookstore has reinvented itself time and again. It now sells almost everything. It is changing the way we read, shop, and compute.
Feb 09, 2018 · 2 MIN READ
Amazon is testing FREE two-hour grocery delivery service to its Prime members who pay for Amazon’s $99-a-year Prime membership through Prime Now fast delivery program. Amazon said Prime customers can enjoy free 2-hour delivery for orders over $35 from Whole Foods Market.
Feb 11, 2018 · 3 MIN READ
Blockchain is a very strange thing — simultaneously the most overhyped, least understood and most disruptive technology of our time. The Invisible Technology has potential to transform the way we use the internet.
Feb 27, 2018 · 3 MIN READ
It is no secret that Amazon has been dominating the online retail sales in the US. Walmart is looking to make a bigger splash in e-commerce market in 2018. Immediately after Amazon acquired Whole Foods in 2017, Walmart announced to acquire online men’s fashion retailer Bonobos for $310 million. Walmart even changed its official name from ‘Wal-Mart Stores’ to ‘Walmart’, reflecting its increase emphasis on e-commerce.
Jan 23, 2018 · 4 MIN READ
Amazon Web Services that was launched in 2006 generates well over $10 billion in revenue annually. Amazon could soon become an operating system for all e-commerce businesses. Amazon stock gained 58% in 2017. At the rate it is growing and expanding, it could be a trillion dollar company in just a few years from now.
Jan 4, 2018 · 3 MIN READ
Google closed 2017 as the second most valuable company in the world. In 2013, Google acquired Waze for more than $1.1 billion. In 2010, Google acquired online photo editing app Piknik only to kill it a year later. Over years, Google has bought many other small competitors and then let them die, which is why Google is undoubted king of the internet.
Dec 23, 2016 · 4 MIN READ
This image of the Korean Peninsula at night is a graphic visualization of the huge gap in economic development between North and South Korea. We see with even more clarity the isolation of North Korea in direct contrast to the prosperity of the South.
Jan 04, 2018 · 4 MIN READ
The Walt Disney Co. has recently announced that it had reached a $52.4 billion deal to acquire the bulk of 21st Century Fox assets. The Disney-Fox deal will also give Disney a majority control of the video streaming service Hulu. Some of the classics 20th Century Fox movie studio has produced include Titanic, the original Star Wars film, and Alien. After this deal goes through, Disney will own the rights to every Star Wars.
Jan 03, 2018 · 3 MIN READ
The human brain is so efficient that it consumes less juice than a dim light bulb and fits incredibly well inside our skull. Biology does a lot with a little- the human genome, which grows our body and directs us through years of complex life, requires less data than a mobile operating system. The human brain contains more than 80 billion neurons.
Jan 03, 2018 · 4 MIN READ
On December 14, the FCC voted to repeal the net neutrality rules that were put in place in 2015. The vote to repeal came in despite overwhelming public support for a free and open Internet, as the FCC was clearly determined to move ahead with the repeal. So what will the future look like without Net Neutrality?
Nov 28, 2017 · 2 MIN READ
Nepal is a small country nestled in the heart of the Himalayan mountains where the famous Mt. Everest is located. To put the numbers in perspective, Nepal is about five times smaller than Texas. For such a small country, Nepal is home to the 8 out of 10 highest mountains in the world.
Dec 28, 2017 · 5 MIN READ
In 2016, AT&T Inc. announced it has reached a $85 billion deal to acquire Time Warner Inc. – that is now being sued by the Department of Justice. If the deal goes through, the telecom giant will gain control of a media empire including CNN, HBO, TBS, and TNT. The deal follows another major acquisition in 2014 when it acquired DirecTV for about $48.5 billion.
Dec 06, 2017 · 4 MIN READ
Amazon is shaking up the entire supermarket industry by acquiring the upscale grocery chain Whole Foods for $13.7 billion in August 2017. Immediately after Amazon acquired Whole Foods, Walmart announced to acquire online men’s fashion retailer Bonobos for $310 million as it seeks to bridge the gap with e-commerce leader Amazon.