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  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK
  3. MONEY & FINANCE

Will Bitcoin Replace The Dollar In El Salvador?

On Sept. 7, 2021, El Salvador will become the first country to make bitcoin legal tender. The government even went a step further in promoting the cryptocurrency’s use by giving US$30 in free bitcoins to citizens who sign up for its national digital wallet, known as “Chivo,” or “cool” in English. Foreigners who invest three bitcoins in the country – currently about $140,000 – […]
  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK

How Lionel Messi Fits Into Qatar’s Game Plan

Lionel Messi’s emotional though lucrative move to Paris Saint-Germain is now complete. After scoring 672 goals for Barcelona, the football world eagerly awaits what he can bring to the French league. His new club’s owners, meanwhile, will be looking slightly further ahead, with a focus on 2022. Since Qatar Sports Investments (QSI) first bought a majority stake in Paris Saint-Germain (PSG) in […]
  1. BUSINESS & ECONOMICS
  2. MONEY & FINANCE
  3. TECHNOLOGY

Bitcoin And Latin American Economies: Opportunity or Danger?

The announcement last week by El Salvador’s President Nayib Bukele that his country would be adopting bitcoin as legal tender, made during a live broadcast at the Bitcoin 2021 conference held in Miami, and subsequently approved four days later by the Central American country’s Parliament, sent the cryptocurrency’s share price up by 5%. In recent weeks, Bitcoin’s value had been hit by increasingly stringent controls over its use in […]

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Would You Have To Pay More For A Driverless Taxi?

Baidu has been authorized to start charging for its autonomous robotaxi service in Beijing with a safety driver, after providing the service free of charge with 67 vehicles since October 2020, since when more than 20,000 people made around ten trips per month. It’s been possible for some time now to find autonomous robotaxi services with a […]
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4 Reasons Why Museums Aren’t Cashing In On NFTs Yet

The eye-popping sale price of US$69 million on March 11, 2021, for a non-fungible token created by the digital artist Beeple sent shock waves through the art world. More multimillion-dollar sales of these digital assets that exist on a blockchain and are maintained on networked computers soon followed. At the same time, art museums have faced substantial financial shortfalls accelerated by a decline […]
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How Spotify Has Quietly Expanded Its Content Platform

An interesting article in Fast Company, “More than Joe Rogan: Inside Spotify’s audio revolution”, looks at Spotify’s success with podcasts, a phenomenon that has been growing in popularity since 2005, but has not yet become the next big thing many predicted. In 2005, three young Silicon Valley industry veterans, Ev Williams, Jack Dorsey and Biz Stone, created Odeo to try to […]
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Amazon Go Will Revolutionise Retail

Since it launched in beta format in 2016, and then opened to the public a year later, Amazon Go, the online retail giant’s stores without checkout lines, provides a textbook illustration of the use and development of technology. Amazon’s plans to expand its network of stores, formulated before the pandemic, were ambitious: more than 3,000 by 2021 in locations […]
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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 […]
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