News
Duolingo IPO: How to buy DUOL stock?
July 05, 2021 07:14 PM AEST| By Raza NaqviLanguage-learning app Duolingo is eyeing a public debut in the US, having filed its Form S-1 last week. The company was reportedly valued at US$ 2.4 billion after it secured a funding of US$ 35 million from Durable Capital Partners and General Atla.....
Done with recession? What are the different kinds of economic recoveries?
July 05, 2021 04:52 PM AEST| By Furquan MoharkanThe COVID-19 pandemic and the subsequent bouts of lockdowns imposed to counter it, triggered one of the most severe recessions in the history of the world economy. As consumption across the globe fell drastically, so did the employment levels. The w...
Chinese suspension of Didi app weighs on APAC markets
July 05, 2021 03:26 PM AEST| By Furquan MoharkanThe equity markets in Asia Pacific (APAC) region started the week on a mixed note as investors eagerly awaited the outcome of the OPEC+ meeting. The markets in APAC were also hit after China suspended Softbank-backed Didi app from play stores allegin...
ATO warns Aussie crypto investors it won’t play “Hide and Seek”
July 05, 2021 02:37 PM AEST| By Daniel Paul JohnsSummary The Australian Tax Office (ATO) has revealed they have an extended partnership, until 2023, with cryptocurrency exchanges, requiring them to submit all their trading data. ATO assistant commissioner Tim Loh disclosed that over 550,000 A.....
India’s youngest telco is making it big globally
July 05, 2021 11:57 AM AEST| By Furquan MoharkanIn mid-2016, the Indian telecom sector was taken by storm as Reliance Industries Ltd (RIL) had launched its telecom service nationwide, and the charges were cheap, rather very cheap. To add to it, the company, using its well-established infrastructur...
Semiconductor chips shortages impact June’s sales figure of Ford Motors
July 04, 2021 06:16 PM AEST| By Nitish KumarSummary Ford Motor reported sales of 475,327 vehicles during the June quarter, up by 9.6% from PCP. The U.S automaker had set a sales target of 519,007 vehicles for the second quarter. The global semiconductor chip shortage led to significant .....
‘Fire in the Ocean’- a major fire breakout in GOM after an underwater pipeline leak
July 04, 2021 06:05 PM AEST| By Nitish KumarSummary An ‘eye of fire’ video goes viral on social media, arouses creativity among the memers who spewed hundreds of memes within a few hours. Gas leakage in the underwater pipeline of PEMEX leads to a massive fire on the ocean wat.....
After Colonial, Another U.S Tech giant hit by ransomware; Kaseya forced to shut
July 04, 2021 03:50 PM AEST| By Nitish KumarSummary On Saturday, the world witnessed one of the largest cyber-attacks on a U.S tech service provider. The U.S service provider Kaseya was hit by ransomware which infected the desktop management system of the company. Kaseya in its statemen.....
Emotional health is paramount to your overall happiness: Here’s why
July 04, 2021 12:15 PM AEST| By Team Kalkine MediaSummary Symptoms of emotional health crisis may include sleep disorders, avoidance of friends and family, conflicts in relationships, substance abuse, and eating disorders. Thus, mental illness is closely tied to an individual’s emotional.....
Why UN thinks blockchain technology can help fight climate change?
July 04, 2021 11:10 AM AEST| By Team Kalkine MediaSummary Recognizing its immense disruptive potential and benefits to society in a recent article, the UN revealed how blockchain helped the organization fast-track delivery of emergency funds. Blockchain can expedite climate action in three way.....
Can an international carbon price floor help curb climate change?
July 03, 2021 10:48 AM AEST| By Team Kalkine MediaScientists around the world are elbow-deep in research to come up with newer techniques for reducing emissions. The International Monetary Fund, for one, believes that to truly attain climate goals, countries need to make carbon more expensive. In a...
As heatwaves hit Canada, could air conditioning be hurting as it helps?
July 03, 2021 10:45 AM AEST| By Team Kalkine MediaAs temperatures soared to record high levels in Canada and the US in the last week of June, death tolls rose quickly. Canada’s British Columbia, which reportedly sees an average of 165 deaths every year in excessive heat, is already said to ha...
TSX moves higher, NovaGold & Innergex top gainers
July 03, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index closed higher on Friday, July 2, as seven out of its eight constituent sectors traded in green after the Canada Day holiday. The TSX Venture Index, on the other hand, traded 0.80% higher at 968.39. The broader Canadi...
US stocks close higher on June employment data
July 03, 2021 07:28 AM AEST| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 2, as investor sentiments were boosted by the Labor Department’s June employment data. The S&P 500 was up 0.75% to 4,352.34. The Dow Jones gained 0.44% to 34,786...
What are technically advanced cryptocurrencies? Which is the most prominent digital currency?
July 03, 2021 12:56 AM AEST| By Jasmine AnandSummary Cryptocurrencies are the latest addition in the world of digitisation and are changing the payment methods across the globe. Some of the most technologically advanced cryptocurrencies are equipped with the latest innovative features, wh.....
What are Stablecoins? Are they more stable than Bitcoins?
July 03, 2021 12:25 AM AEST| By AayushSummary The main purpose of introducing stablecoins is to manage the extreme price volatility by tracking the issues of relatively more stable asset classes. Being backed by real assets, their price volatility is quite subdued, making them cons.....
How is AI lifting mental well- being?
July 03, 2021 12:15 AM AEST| By Team Kalkine MediaSummary Artificial Intelligence has become the buzzword in all facets of life. Its use in the fitness space is increasing day by day. It is not just helping track physical fitness but uses for mental well-being are also getting explored....
An Internet Revolution: What is Status?
July 02, 2021 07:16 PM AEST| By Daniel Paul JohnsSummary Status is an Ethereum based, decentralised messaging app, crypto wallet and web browser. It can be downloaded onto any mobile device and functions very much like an App Store. Status was founded by software developers Jarrad Hope and Ca.....
What is Nano? Is it better than other cryptocurrencies?
July 02, 2021 02:52 PM AEST| By Furquan MoharkanLast year, the world was talking about a V-shaped recovery. That was in the case of economy. This year, we saw an inverse V-shaped movement in the cryptocurrency market. The cryptocurrency market has been very volatile this year. From soaring to a p...
Which are the best crypto wallets in New Zealand?
July 02, 2021 10:30 AM AEST| By Team Kalkine MediaSummary With the growing prominence of cryptocurrencies, the use of crypto wallets among crypto enthusiasts is ever increasing. A wide range of wallet options are available, which are basically categorised into software, hardware, and cloud wal.....