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Business News

Location American Business News for 25 August 2021
Visa said it purchased a "CryptoPunk" nonfungible token, or NFT, for nearly $150,000, jumping into the growing frenzy in digital assets that some argue could be a game-changer in the realm of art, music and ownership of ...
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NHS software supplier Realworld Health plots £100m London listing An artificial intelligence-based firm which works with leading NHS hospitals including London’s Royal Free is plotting a listing on London’s junior stock market.
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Sega revealed that Morgana from Persona 5 will be a playable character in Super Monkey Ball: Banana Mania.
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8 Crypto Mining Apps Exposed as Fakes - And 120 More are Still in Business Source: AdobeStock / fran_kie Eight cryptocurrency cloud mining apps that pretended to offer crypto such as bitcoin (BTC) and ethereum (ETH) to users in return for investments into cloud-mining operations were recently f...
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Swiss Re, Climeworks Strike 10-Year Carbon-Removal Deal

Wall Street Journal - 25 Aug 2021 19:46
Swiss Re, Climeworks Strike 10-Year Carbon-Removal Deal The reinsurer has signed a 10-year, $10 million agreement with Swiss startup Climeworks to capture carbon dioxide and turn it into underground rock.
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Most of Afghanistan's roughly $9.5 billion in assets were frozen by the US last week after the Taliban swiftly took control of the country.
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Builders are working through supply-chain challenges, and buyers don't seem fazed yet by the price tags on newly-built homes these days.
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It stands in marked contrast to the pandemic rebound struggles of other consumer-based industries
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78% of investors surveyed in a recent E*Trade study are aligned with the Fed's outlook that inflation is transitory.
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Data observability startup Cribl brings in $200M

Venture Beat - 25 Aug 2021 15:00
Data observability startup Cribl has raised $200 million in a funding round that values the company at over $1 billion.
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IKEA tests new store formats that free shoppers from the maze of aisles A renovation in China and new opening in Austria are designed to make customers want to linger, rather than pace toward the checkout
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It's time to sell leading European retailers H&M and Inditex, Deutsche Bank advised as it initiated coverage on the European apparel sector.
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Chinese factories are having labor pains--'we can hardly find any workers' Fear of Covid-19 and youths' changing priorities leave factory owners in a pinch, as demographic challenges mount
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Pfizer's COVID-19 vaccine got full FDA approval on Monday, including of its official name, Comirnaty - a combination of several different words.
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Mirabai Chanu to promote Adidas's TechFit period proof tights Adidas said its research has indicated that teenage girls drop out of sports at an alarming rate, with one of the key reasons being fear of leaks during periods
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Knoetic, a social network for CPOs, raises $18M

Venture Beat - 25 Aug 2021 14:30
Knoetic, a startup that combines a social network for CPOs with people analytics tools, has emerged from stealth with $18 million in funding.
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'Even if Google had terminated the employees for their protest activities, for protesting their choice of customers, this would not violate the Act.'
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Fan Of The TPM Morning Memo?

TPM - 25 Aug 2021 14:23
Here’s where to find it every weekday.
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Bitcoin, Ethereum and Altcoins Approach Key Supports Bitcoin price failed to recover above USD 49,000 and started another decline. BTC traded below the USD 48,000 support level, broke USD 47,500 and is currently (04:00 UTC) struggling to recover losses. Similarly, most maj...
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How to Speed Up Your Digital Transformation

Harvard Business Review - 25 Aug 2021 14:15
Insights from a two-year study at one of Europe’s leading banks.
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Gas shortage boosts Russia's sway over Europe's energy markets Russia's Nord Stream 2 pipeline to Germany nears completion as natural gas trades at all-time highs
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The World Bank halted aid to Afghanistan after the Taliban's takeover The World Bank has committed more than $5.3 billion to projects in Afghanistan since 2002, but is now suspending money due to the Taliban takeover.
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