BUSINESS & ECONOMICS EDITOR'S PICK The Comeback Of China’s Tech Billionaires: A New Dawn Or Controlled Market? Key Takeaway: Pony Ma, co-founder of Tencent Holdings, has regained the title of China’s richest individual with a net worth of over A$65 billion. His rise reflects Beijing’s control over its private sector, which aligns with the state’s goals in China’s unique “socialist market economy.” Tencent’s success, including the AAA video game “Black Myth: Wukong,” […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Rethinking Wealth: Why GDP Isn’t Enough Key Takeaway: Inclusive wealth, a concept that includes not just economic output but also natural resources, human skills, and social networks, is gaining traction among international institutions like the World Bank and the United Nations Environment Programme (UNEP). This broader measure of a nation’s well-being aims to address the limitations of GDP, which focuses only […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK TECHNOLOGY The Upcoming Revolution For Global Internet Access Key Takeaway: High-altitude platform stations (HAPS) are emerging as a new frontier in communications technology, offering a unique blend of accessibility and affordability. Positioned between 4 and 30 miles above Earth, these stations bring telecommunications equipment closer to the surface than satellites, resulting in stronger, higher-capacity signals. Researchers have demonstrated that HAPS could provide high-speed […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Reviving State Power: The New Era of Industrial Policy Key Takeaway: State intervention in global economics is gaining momentum, particularly since the 2010s, due to financial crises, geopolitical tensions, and the fragility of global supply chains. The relationship between exports and protectionism is complex, as successful industrial and trade policies often blend export promotion with elements of protectionism. South Korea and Taiwan have used […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Brewing Storm In The Coffee Industry Key Takeaway: The coffee industry is facing a potential reckoning as rising prices threaten to slow its expansion. Giuseppe Lavazza, the head of the iconic Italian coffee brand, suggests that consumers in the U.S. might see prices increase by 20%-25% over the next year. The price of a latte or flat white is becoming pricier, […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Impact Of Negative Reviews Key Takeaway: Travelers often turn to online reviews to choose the perfect destination, shaping their experiences. Businesses read reviews and often act on them, analyzing sentiments and benchmarking against competitors. They respond to reviews, taking actionable steps to address feedback. Negative reviews can be catalysts for change, allowing businesses to refine offerings and enhance customer […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Why Crypto Crashed Key Takeaway: Japan’s stock market plunged 12% on August 5, marking its worst day in 37 years. The fall was triggered by fears of a US economy slowdown, with the Nasdaq index dropping over 6% and the S&P 500 dipping by 4.25%. The US Federal Reserve’s chairman, Jerome Powell, suggested an interest rate cut in […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Business Impact Of Reduced Marketing Key Takeaway: A study published in The Journal of Marketing suggests that businesses often cut their marketing budgets for short-term savings, but these cuts can cause long-term problems. The study gathered transcripts of nearly 25,000 earnings calls held by public companies from 2008 to 2019. The more earnings-oriented language in the calls, the more likely […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Boeing: Are Businesses Too Big To Fail? Key Takeaway: Alaska Airlines flight 1282 nearly fell out of the sky after losing a door plug, following two similar 737 Max plane crashes in 2018 and 2019. Boeing was charged with conspiracy to defraud regulators in 2021, but the US government agreed not to prosecute the company if it promised to pay a criminal […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SOCIOLOGY Is Journalism Still A Viable Vocation? Key Takeaway: The shrinking press corps in the US has led to a decline in journalism, with many reporters and editors leaving the profession due to burnout. This has not only affected civil society but also led to reduced political engagement and oversight of those in power. Journalism is attractive to many people because it […] Saving Bookmark this article Bookmarked
Is Cosmology About to Rewrite Everything We Know? Key Takeaway: Cosmology is facing a series of uncertainties due to inconsistent predictions of the standard model, which posits the universe is composed of 68.3% dark energy, 26.8% dark matter, and 4.9% ordinary matter. The Hubble constant, which describes the rate of the universe’s expansion, has been a significant issue, with some scientists using different […] Written by Empirics Asia September 23, 2024September 23, 2024 Saving Bookmark this article Bookmarked
The Comeback Of China’s Tech Billionaires: A New Dawn Or Controlled Market? Key Takeaway: Pony Ma, co-founder of Tencent Holdings, has regained the title of China’s richest individual with a net worth of over A$65 billion. His rise reflects Beijing’s control over its private sector, which aligns with the state’s goals in China’s unique “socialist market economy.” Tencent’s success, including the AAA video game “Black Myth: Wukong,” […] Written by Empirics Asia September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked
Rethinking Wealth: Why GDP Isn’t Enough Key Takeaway: Inclusive wealth, a concept that includes not just economic output but also natural resources, human skills, and social networks, is gaining traction among international institutions like the World Bank and the United Nations Environment Programme (UNEP). This broader measure of a nation’s well-being aims to address the limitations of GDP, which focuses only […] Written by Empirics Asia September 12, 2024September 12, 2024 Saving Bookmark this article Bookmarked
The Dark Side Of No Sleep Key Takeaway: The “no-sleep challenge” has become a dangerous trend on social media, with some individuals trying to break world records for consecutive days without sleep. Sleep is essential for survival, as it helps the body repair itself and prevents health problems like depression, diabetes, heart disease, obesity, and a shortened lifespan. Chronic sleep deprivation […] Written by Empirics Asia September 11, 2024September 11, 2024 Saving Bookmark this article Bookmarked
Volcanoes On The Moon? Key Takeaway: China’s Chang’e 5 mission has challenged long-held assumptions about the Moon’s volcanic past, suggesting eruptions occurred far more recently than expected. The lunar landscape might not have been as dormant as once believed, with volcanic activity on the Moon potentially being active as recently as 120 million years ago. The findings suggest that […] Written by Empirics Asia September 10, 2024September 10, 2024 Saving Bookmark this article Bookmarked
Freud’s Forgotten Theory: The Hidden Desires Behind Creativity and Genius Key Takeaway: Sigmund Freud’s theory of sublimation aimed to explain why some people display extraordinary talent by transforming repressed sexual desires into creative or intellectual prowess. He believed that Leonardo da Vinci’s life and work exemplified this process, as he left many of his paintings unfinished and engaged in scientific experiments that derailed his artistic […] Written by Empirics Asia September 9, 2024September 9, 2024 Saving Bookmark this article Bookmarked
The Upcoming Revolution For Global Internet Access Key Takeaway: High-altitude platform stations (HAPS) are emerging as a new frontier in communications technology, offering a unique blend of accessibility and affordability. Positioned between 4 and 30 miles above Earth, these stations bring telecommunications equipment closer to the surface than satellites, resulting in stronger, higher-capacity signals. Researchers have demonstrated that HAPS could provide high-speed […] Written by Empirics Asia September 6, 2024September 6, 2024 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked