Billionaire tech investor Peter Thiel has accused Google of siding with the Chinese military. A Facebook board member, Thiel asked that Google be federally investigated. Known as one of the few Trump supporters in Silicon Valley, Thiel’s accusations have put…
No more “stuck in traffic” excuses! Uber has announced that it will launch a flying taxi service by 2023. A prototype of the vehicle that will ferry passengers across the sky at 150 mph has also been revealed. In the…
Various industries are on the brink of extinction due to millennials, many believe. But this idea is far from the truth.
Germany’s largest banking institution, Deutsche Bank, has announced that it will lay off close to 18,000 employees worldwide over the next few years. By doing so, the bank calculates that it can eventually reduce adjusted costs by 25 percent to…
Big U.S. tech companies like Microsoft, Dell, and HP are reportedly looking to transfer a good chunk of their manufacturing out of China due to the sour trade relationship between Beijing and Washington.
Over four decades ago, the global watch industry was dominated by Swiss companies. But in the 1970s, Japan launched cheap quartz watches that ran on batteries instead of using clockwork mechanisms. This essentially wiped out a large number of Swiss…
An attempt by a Chinese company, partly owned by the communist government, to buy out the famous Westminster Choir College in New Jersey has been successfully thwarted. Opponents had warned that the sale would have allowed the Chinese government to…
One of UBS’s top economists, Paul Donovan, recently sparked off a storm on Chinese social media after using the term “Chinese pigs” while talking about the swine fever situation. The Chinese saw it as an insult to the people of…
Ofo was once the poster child of China’s entrepreneurial spirit, with state media even hailing the company as one of the four great inventions of the country in modern times. However, the bike sharing firm is now facing bankruptcy, unable…
A comment by a top UBS economist who joked about a “Chinese pig” has caused a huge ruckus in the Asian country. Chinese people vented anger against the company on social media while state-run dailies used the opportunity to play…
Billionaire tech investor Peter Thiel has accused Google of siding with the Chinese military. A Facebook board member, Thiel asked that Google be federally investigated. Known as one of the…
No more “stuck in traffic” excuses! Uber has announced that it will launch a flying taxi service by 2023. A prototype of the vehicle that will ferry passengers across the…
Various industries are on the brink of extinction due to millennials, many believe. But this idea is far from the truth.
Germany’s largest banking institution, Deutsche Bank, has announced that it will lay off close to 18,000 employees worldwide over the next few years. By doing so, the bank calculates that…
Big U.S. tech companies like Microsoft, Dell, and HP are reportedly looking to transfer a good chunk of their manufacturing out of China due to the sour trade relationship between…
Over four decades ago, the global watch industry was dominated by Swiss companies. But in the 1970s, Japan launched cheap quartz watches that ran on batteries instead of using clockwork…
An attempt by a Chinese company, partly owned by the communist government, to buy out the famous Westminster Choir College in New Jersey has been successfully thwarted. Opponents had warned…
One of UBS’s top economists, Paul Donovan, recently sparked off a storm on Chinese social media after using the term “Chinese pigs” while talking about the swine fever situation. The…
Ofo was once the poster child of China’s entrepreneurial spirit, with state media even hailing the company as one of the four great inventions of the country in modern times.…
A comment by a top UBS economist who joked about a “Chinese pig” has caused a huge ruckus in the Asian country. Chinese people vented anger against the company on…
As the finance industry adapts to the latest technologies, the need for graduates with just financial knowledge is decreasing. Companies now want people who are well versed in both finance…
In May last year, U.S. President Donald Trump put a ban on Chinese company ZTE, barring it from working with American companies due to violating sanctions against North Korea and…
A monopoly is an economic situation in which a seller, or group of sellers, acts jointly to control markets. In the U.S., three corporations control nearly 80 percent of the…
Beijing is said to be considering a ban on Bitcoin mining in the country. If the ban comes into effect, it would end China’s dominance in the industry. According to…
Traditionally, being an employee meant a 9 to 5 job commuting to the office every day. But thanks to technology, this is no longer the only way of employment. High-speed…
The rapid advances in technology are changing everything about the world we live in, from how we make friends to what we eat, how people communicate, and so on. Finance…
The basic purpose of a business is to make a profit for its investors. But solely focusing on profits does not make a company impactful. Various studies have shown that…
The Chinese tech industry’s grueling work schedule is making its workers exhausted, tired, and mentally depressed. Dubbed “996,” indicating the work schedule of 9 a.m. to 9 p.m. six days a week,…
Pre-orders for Tesla’s China-manufactured model attracted huge traffic to its website when it launched recently. The company is projected to start deliveries to customers in China from its domestic plant…
Light is brightest just after darkness — ask any entrepreneur.
