Digital Currency Revolution

NFT: Mattel establishes its own NFT Marketplace to expand its digital collectibles venture

Nov 23, 2022 08:03 am UTC| Business Digital Currency Investing

Mattel Inc. is launching its own marketplace for non-fungible tokens or NFTs as it aims to sell digital collectibles based on the brands iconic Intellectual Property (IP) assets. The California-headquartered toy maker said...

Paramount terminates Penguin Random House’s $2.2B Simon & Schuster sale deal

Nov 23, 2022 07:16 am UTC| Business Economy

Paramount Global confirmed this week that it would no longer continue with the sale of its Simon Schuster publishing company to Penguin Random House. The American mass media and entertainment firm officially dropped the...

Retailers may see more red after Black Friday as consumers say they plan to pull back on spending – acting as if the US were already in a recession

Nov 23, 2022 05:13 am UTC| Insights & Views Business

Retailers are gearing up for another blockbuster holiday shopping season, but consumers burned by the highest inflation in a generation may have other ideas. Industry groups are predicting another record year of retail...

Saving Main Street: Local businesses need community support to stay afloat

Nov 23, 2022 05:10 am UTC| Business

Main Street businesses that survived COVID-19 restrictions are now navigating a pandemic recovery where predicted changes in the retail industry have been accelerated by five to 10 years. The ability to adapt to these...

Christmas may be safe, but three-year port dispute shows the IR system is full of holes

Nov 23, 2022 05:08 am UTC| Business Economy

Australias industrial relations umpire has delayed industrial action that would have crippled Australias ports in the lead-up to Christmas. But the dispute in which it has intervened one that has dragged on since 2019 ...

How Made.com went from a pandemic-era business superstar to a failed company in just 18 months

Nov 23, 2022 05:08 am UTC| Business

Formed in 2011, Made.com offered affordable high-end furniture online with the ambition to one day rival Swedish furniture giant Ikea. Fast forward 11 years and the British brand, which excelled during the pandemic and was...

The era of the megalopolis: how the world's cities are merging

Nov 23, 2022 05:04 am UTC| Insights & Views Business Life Technology

On November 15 2022, a baby girl named Vinice Mabansag, born at Dr Jose Fabella Memorial Hospital in Manila, Philippines, became symbolically the eight billionth person in the world. Of those 8 billion people, 60% live...