Technology

Metanomics: How Generation W will create a virtual market worth US$5 trillion

Metanomics: How Generation W will create a virtual market worth US$5 trillion

Opinions expressed by Entrepreneur the contributors are theirs. You are reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. In Stanley Kubrick’s finale 2001: A Space Odyssey, the Starchild appears. From the depths of space, the superhuman newborn contemplates the earth, the blue planet being for her only a possible world in an infinite …

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Are you tempted to buy AMC's new APEs?  Be prepared to lose it all, warns company

Are you tempted to buy AMC’s new APEs? Be prepared to lose it all, warns company

Shares of AMC’s preferred stock, or “APE”, rose 5% on Monday, while the company’s common shares fell 7.5%, after the company disclosed plans to sell up to 425 million additional APE. At current prices, the movie theater chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a …

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Cryptoverse: Bitcoin miners find themselves stuck in a bear pit

Cryptoverse: Bitcoin miners find themselves stuck in a bear pit

A bitcoin representation is seen in an illustrative photo taken at the Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Join now for FREE unlimited access to Reuters.com Register Sep 27 (Reuters) – Spare a thought for the embattled bitcoin miner. By the end of 2021, miners were the toast of the …

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Twitter will interview Elon Musk, known for his combative testimonies

Twitter will interview Elon Musk, known for his combative testimonies

WILMINGTON, Del., Sept 26 (Reuters) – Billionaire Elon Musk’s tendency to slur while being questioned under oath will be tested again this week, when lawyers for Twitter Inc (TWTR.N) are set to interview Tesla Inc ( TSLA .O) CEO on his abrupt decision in July to drop his $44 billion contract for the social media …

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Flood of new electric cars in China cost 20% more to insure than gasoline cars

Flood of new electric cars in China cost 20% more to insure than gasoline cars

In China, new energy vehicles are usually given green license plates, which are often easier for residents to apply for than the blue license plate of a traditional gasoline-powered car. CGV | Visual Group China | Getty Images BEIJING — As Chinese companies produce new electric cars, local insurance companies believe they are more expensive …

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Tim Cook and Apple make a move that could annoy China

Tim Cook and Apple make a move that could annoy China

Apple (AAPL) don’t want to be surprised anymore. Like the rest of the multinationals, the iPhone maker has been impacted by the covid-19 pandemic which has exacerbated supply chain disruptions. The restrictive measures and confinements imposed in China to limit the spread of the virus have particularly affected the local suppliers of many Western companies. …

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Eight states file enforcement actions against crypto-lending platform Nexo

Eight states file enforcement actions against crypto-lending platform Nexo

New York State Attorney General Letitia James speaks at a press conference following the arrival of former US President Donald Trump’s Chief White House Strategist Steve Bannon in New York York, USA, September 8, 2022. Caitlin Och | Reuters Eight states announced on Monday that they are filing lawsuits against crypto lending platform Nexo Group …

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'India has a big role to play': New Delhi tries to turn the country into a chip powerhouse

‘India has a big role to play’: New Delhi tries to turn the country into a chip powerhouse

Indian Prime Minister Narendra Modi’s government has sought to bolster the country’s chipmaking prowess. Money Sharma | AFP | Getty Images India could have an important role to play in the semiconductor industry, analysts say, as the world’s fifth-largest economy seeks to boost its domestic chip sector. Along with other countries like the United States, …

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What Kroger, Walmart and Target learned from Alibaba in China about the future of groceries

What Kroger, Walmart and Target learned from Alibaba in China about the future of groceries

Now 140 years in business, Cincinnati-based Kroger has accelerated its push into digital retail during the pandemic, and the grocery chain isn’t looking back. Kroger has adopted an omnichannel strategy, integrating offline or in-store sales with online ordering and logistics. It’s a concept born in China in 2016 when founder Jack Ma of e-commerce giant …

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