Archive for February 2022
The Rise of Another Unicorn
After having been founded in 2014, the Singapore-based interior design start-up, Livspace, has become a unicorn start-up following a recent funding round which saw the company raise 180 million USD at a valuation of 1.2 billion USD. The latest funding round, which was completed on the 7th February 2022, included investors such as Kohlberg Kravis…
Read MoreRenewed Hope in US Solar
On the 4th February 2022, it was announced that Joe Biden, President of the United States, has renewed four years of tariffs on imported solar panels, which was previously implemented by the Trump administration. The steps have come under both praise and criticism. Praise for the approach in the perspective of increasing a national effort…
Read MoreDeepMind – Ai Revolution
Artificial intelligence is the ability of a computer to do tasks usually carried out by humans, by mimicking human thinking to learn how to improve at tasks independently. Though there have been recent breakthroughs in Artificial Intelligence, especially in the automotive and robotics industries, the field is still in its infancy. Although the software that…
Read MoreModular Construction – Is It a Better Way to Build?
Promising to be environmentally sustainable, cheaper to manufacture, and faster to build, modular construction is an attempt to bring the efficiency of the assembly line to the construction industry. Modular construction is a form of prefabrication where the building is produced in a factory and assembled on site. The factory produces standardised modules, which are…
Read MoreLow-cost airline consolidation as Frontier acquires Spirit
In a transaction worth 6.6 billion USD, the low-cost airline Frontier has agreed to purchase rival airline Spirit, with Spirit shareholders receiving a 19 per cent premium compared to the value of their shareholding before the announcement. Spirit shares were only trading up by 13% in midday trading, however, representing uncertainty about whether the deal…
Read MoreKoBold Metals: Exploring A Green Future
KoBold Metals, founded in 2018, uses artificial intelligence (AI) and algorithms to find new deposits of critical metals previously hidden due to exploration limitations. The start-up thrives on technological innovation, as it uses vast archives of historical and scientific data to detect potential deposits. Its artificial technology sorts and streamlines over 20 million pages of…
Read MoreThe Other Bitcoins: Where are they now?
Bitcoin ($BTC), despite being close to 40% below its all-time high since November 2021, has continued to revel in generally bullish news. The most recent being its recent approval as a currency in Russia, as their central bank seeks to facilitate and regulate crypto transactions. This could finally be the domino that leads to worldwide…
Read MoreThe Fall of Alibaba?
Alibaba Group Holding Ltd. (NYSE: BABA) is undoubtedly one of the defining stories of China’s ascent to global economic dominance. The Chinese e-commerce firm was started in Hangzhou in 1999 and has since grown exponentially, reaching a staggering market capitalisation of 842 billion USD in the later part of 2020. Since then, Alibaba stock has…
Read MoreShort sellers dine on Beyond Meat
The vegan food tech start-up Beyond Meat, known for its meat-like plant-based burgers, has become one of the most shorted companies on the US stock exchange. Currently nearly 40% of its shares are being held by investors betting on the price to fall, suggesting scepticism about the true value of the company. Plant-based foods have…
Read MoreDeepMind: the AI Revolution
Artificial intelligence is the ability of a computer to do tasks usually carried out by humans, by mimicking human thinking to learn how to improve at tasks independently. Though there have been recent breakthroughs in Artificial Intelligence, especially in the automotive and robotics industries, the field is still in its infancy. Although the software that…
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