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Business News

Location American Business News for 12 August 2021
Chinese innovators made an eerie virtual influencer who looks so human, her skin changes with her surroundings For now, she has a few photos on Instagram, and about 1,000 followers - although her presence and popularity are growing in China.
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MediaSense, the Firm Handling Some of the Largest Media Pitches, Just Got Acquired Media advisory firm MediaSense, which regularly handles major brand media account reviews, has seen "a significant stake" in the business acquired by private equity firm Apiary Capital LLP. The advisory, founded in 2009 ...
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Looking to buy a home? Here are this year's top 10 hottest housing markets in the US The housing hasn't slowed down and these are the top ZIP codes in the U.S. to look at, especially if you are a first time homebuyer.      
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Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker's Onchain Movements On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up ...
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Chamath Palihapitiya-backed Clover Health jumps 19% after sales forecast exceeds even the highest estimate The Medicare Advantage provider's 2Q revenue more than doubled to $412.5 million
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Times Square Set to Host Digital Billboard Featuring NFT Content A platform for nonfungible tokens (NFT), featuring content from singer Akon and creators and producers from entertainment franchises such as Marvel, Batman and Ghostbusters, is to launch and will curate the first digital...
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SVOD Nielsen's: 'Gunpowder Milkshake' Tops 'Black Widow' Pixar's well-liked Luca earned another 521 million minutes viewed, a drop of 43% from last week's 809 million total.
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Nike Street Cast Real Teens in Berlin to Tell the Stories Never Shown in German Media Nike is helping young people in one of Berlin's most misunderstood neighborhoods flip the narrative about their community. The brand has launched a digital mini-series about the young residents of Neuk?lln, a diverse dis...
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Billionaire Kwek Leng Beng's City Developments Hotel Losses Offset Robust Home Sales City Developments said on Thursday that continuing losses at its hotels amid pandemic-induced travel restrictions is offsetting robust homes sales across Singapore, Australia and China.
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Dutch Bitcoin family reveals how they safeguard a fortune in crypto Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family.
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Nasdaq-Listed Metromile Invests $1 Million in Bitcoin -- Sees Rapid Growth in Global Cryptocurrency Adoption The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive paymen...
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Sex-Toy Makers Merge in $1.2 Billion Deal

Wall Street Journal - 12 Aug 2021 01:00
Sex-Toy Makers Merge in $1.2 Billion Deal Germany's WOW Tech Group and U.K.-based Lovehoney said they have agreed to merge in a deal that values the combined company at around $1.2 billion, as the pandemic helps fuel global demand for sex toys.
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McDonald's will require US office employees get the COVID-19 vaccine McDonald's will require all of its U.S. office employees get the COVID-19 vaccine, joining the growing list of employers requiring at least some workers get the shots.
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This Tennessee woman-led company is taking on period industry with sustainable hemp tampons The woman-led tampon company Trace is stepping into the crowded menstrual product industry in an effort to disrupt it and give women more options.      
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Sales meeting booking platform Kronologic nabs $20M

Venture Beat - 12 Aug 2021 16:00
Kronologic, a startup based in Austin, Texas, has raised $20 million for its technology that automatically books sales meetings.
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U.S. wholesale prices rose sharply in July for the sixth month in a row and offered little evidence that a big wave of inflation is on the verge of cresting.
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Tata Power Solar to set up India's first large scale battery storage of 50 MWh at Leh Tata Power Solar now stands at approximately 4GWp with approx. order value of ₹12,414 crore
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Palantir jumps 9% after 2nd-quarter earnings and future guidance beat estimates Palantir said it committed $250 million to investing in SPAC mergers during the second quarter as it looks to convert those companies to customers.
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New applications for U.S. unemployment benefits fell in early August close to a pandemic low, signaling that fewer people are losing their jobs despite another surge in coronavirus cases.
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Frankfurter prices spiked 5% in a month, more than any other meat, as Americans stocked up for July 4 hot dogs Prices for frankfurters, the sausages in hot dogs, jumped by 4.8% in July, more than any other meat product, according to official figures.
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Remote Workers Say Half of Video Calls Could Have Been an Email

Small Business Trends - 12 Aug 2021 15:00
Remote Workers Say Half of Video Calls Could Have Been an Email A survey of remote workers has revealed that many believe a significant portion of video calls could have been simple emails.
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Meet the blacksmiths who are keeping the 2,500-year-old craft of sword making alive in Toledo, Spain Artisans in Toledo, Spain, have forged fine steel weapons since the fifth century BC, but few workshops are still making traditional swords by hand.
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