According to Forbes, Jimmy Donaldson, a 23-year-old American known as MrBeast, was YouTube’s highest-earning video creator in 2021. His extravagant pranks have racked up over 10 billion views on YouTube and netted him $54 million. He has surpassed Ryan Kaji,… Read More ›
Creativity
5G auction sales proceeds generated $22.5 billion: FCC
In a statement the Federal Communications Commission (FCC) said, AT&T Inc was leading in the bid for the 5G spectrum auction of 3.45 GHz band spectrum, winning $9 billion in bids. The spectrum sales proceeds generated $22.5 billion, said the… Read More ›
Massive cyberattacks hits Ukraine, warns expect the worst
On Friday, Ukraine was hit by a massive cyberattack. Russia has also released footage of more forces being deployed on Ukraine’s border in a drill. These developments come at a time when no breakthrough agreement was reached between Russia and… Read More ›
Aston Martin named Doug Lafferty as CFO
On Friday, British luxury carmaker Aston Martin named Doug Lafferty, as its new chief financial officer. Lafferty will replace Kenneth Gregor, who will be stepping down to personal reasons after 18 months on the job. Lafferty is currently the finance chief… Read More ›
Canon Inc considers closing China camera plant
On Friday, Canon Inc said, it was weighing options to close down its factory in Zhuhai, southern China, which mainly makes compact digital cameras midst a shrinking market for such devices. Canon’s spokesperson declined to provide details of employee strength at… Read More ›
Europe at greatest risk of war in 30 years: Poland’s foreign minister Zbigniew Rau
In a statement Polish foreign minister Zbigniew Rau warned, Europe is closer to war than it has been in the last 30 years. The warning comes at a time after a third round of diplomacy aimed at defusing tensions over… Read More ›
Greece raises minimum wages to tame rising inflation
In a statement Greece’s Prime Minister Kyriakos Mitsotakis said, Athens will raise minimum wage for a second time this year following a rise in inflation levels which has taken a toll on consumers’ income. The government increased monthly gross minimum… Read More ›
Pandemic Risk Models Being Adapted By Insurers After Surge In Claims In 2021
Following a more than anticipated surge in Covid-19 claims in 2021, life insurers are predicting a five-year-long pandemic and more variants that are even more transmissible. According to a report released by insurance broker Howden, the global life insurance industry was hit… Read More ›
Growth Of Metaverse To Be Boom Time For Chip Makers
The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say. Widely seen as the next generation of the internet, the metaverse refers broadly… Read More ›
Chinese real estate market in dire straits
All is not well with China’s economy. Cash-strapped Chinese developers are scrambling to negotiate new terms with their bondholders to avoid defaults, with Yuzhou Group and the Shimao Group being the latest case in point of Chinese developers seeking extensions on their… Read More ›