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Why Facebook’s Name Change Goes Against Conventional Marketing Wisdom
October 21, 2021 12:18 PM AEDT| By Daniel Paul JohnsIn 2009, The Social Network – a film which chronicled the relationship of two Harvard friends who would go on to create perhaps the most revolutionary website in history – there’s a scene where the two friends awkwardly sit in an .....
What’s in store for Facebook in 2022 after a year of hurdles?
October 21, 2021 09:55 AM AEDT| By Sanjeeb BaruahThe first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year.....
What's in a name? Facebook may no longer be Facebook
October 20, 2021 04:16 PM AEDT| By Ipsita SarkarFacebook Inc (NYSE:FB) may soon be known by a different name. The rumors surfaced following a leading tech blog article suggesting that the social media giant may soon rebrand itself to focus on expanding metaverse. In response, Facebook said it doe...
Facebook (FB) stock shrugs off recent losses, jumps 3% on Europe job plan
October 19, 2021 06:07 AM AEDT| By Sanjeeb BaruahThe Facebook Inc (NASDAQ: FB) stock was up more than 3% in intraday trading, hours after it announced plans to hire up to 10,000 specialists in Europe to help develop a metaverse. The FB stock traded at US$334.935 at 1:32 pm ET on Monday. Faceboo.....
Former secretary of state Colin Powell dies aged 84
October 19, 2021 04:17 AM AEDT| By Ipsita SarkarFormer US Secretary of State Colin Powell died at the age of 84 on Monday, his family said. The retired four-star general and former national security adviser had been unwell for some time. Powell was undergoing cancer treatment at the Walter Reed...
Why “Squid Game” is so popular?
October 18, 2021 07:24 PM AEDT| By SamtaHighlights The most popular K-drama – Squid Game, has become Netflix’s biggest ever series. Squid Game has been watched by around 111 million users within first 28 days of its release. The nine-part series debuted in Septembe.....
Weakened momentum in global economic recovery
October 17, 2021 12:00 AM AEDT| By Rini ZachariahHighlights Earlier this week, the International Monetary Fund (IMF) released its outlook for global economic recovery. The headline forecast for global growth, too, has been brought down by 0.1% to 5.9%. The 2022 projections were held the same.....
LinkedIn to shut down service in China, cites ‘challenging’ conditions
October 16, 2021 12:00 PM AEDT| By Sanjeeb BaruahHighlights Microsoft-owned LinkedIn said that greater compliance requirements made it impossible to continue operations in China. LinkedIn will replace the site with a job portal, called InJobs, a stripped-down version, which will not have its.....
Digital gift card retailer Prezzee to be listed on ASX soon
October 15, 2021 08:56 PM AEDT| By Priyanka PayalHighlights Prezzee Pty Limited is considering getting listed on the stock market soon. Studies indicate that the gift-card market could expand from AU$838 billion in 2019 to AU$2.81 trillion by 2027. Prezzee, which operat.....
North Australian Cattle Company now has a new owner
October 15, 2021 08:16 PM AEDT| By Sonal GoyalHighlights North Australian Cattle Company (NAAC) has come out of voluntary administration with new owner. The managing director of NAAC, Ashley James has taken over the NACC. The company went into administration due to disagreement amon.....
Here’s NSW’s A$66M package to lift outdoor activities post lockdown!
October 15, 2021 07:47 PM AEDT| By Priyanka PayalHighlights On Thursday, the NSW Government announced Alfresco Restart package worth AU$66 million to boost outdoor dining and hospitality business in Australia post lockdown. The decision was taken in view of the decline in COVID-19 cases.....
NSW government roll-out COVID-19 digital vaccination certificate
October 15, 2021 02:27 PM AEDT| By Sonal SinhaHighlights NSW has announced that the COVID-19 digital certificate has begun rolling out to the overall state. Only a fully vaccinated person would get a COVID-19 digital certificate. Through this app, users can enter the premises hassle free......
Is China’s loss in crypto mining space US’ gain?
October 14, 2021 03:48 PM AEDT| By Jasmine AnandWith the Chinese government declaring a blanket ban on all sorts of crypto activities in the country, its share of global Bitcoin mining has plummeted to almost zero. According to a research conducted by the Cambridge Bitcoin Electricity Consumpti.....
What is proton (XPR)?
October 13, 2021 04:25 PM AEDT| By Jasmine AnandWith a massive rise in the popularity of Bitcoin, many tech-savvy investors are keen to invest in the crypto market. This has given a rise to the advent and creation of many new cryptos, equipped with the latest and unique features. One such new cr.....
India’s power grids are struggling to meet the resurgent energy demand
October 13, 2021 01:20 PM AEDT| By Arpit VermaIndia has faced a persistent shortage of electricity since the beginning of October as the country’s power plants were unable to fulfill the rising electricity demand as the economy rebounds after last year’s coronavirus recessions. Th.....
What is Sri Lanka doing to entice investments in blockchain?
October 12, 2021 02:55 PM AEDT| By Jasmine AnandHighlights In order to create a crypto-friendly business environment, Sri Lanka announces setting up a committee to study the regulatory framework related to crypto mining and blockchain technology. The committee was proposed in order to attrac.....
Sydney re-opens after four months as Aussies decide to live with COVID-19
October 12, 2021 01:48 PM AEDT| By Furquan MoharkanHighlights Sydney re-opens after a four-month lockdown. Cases have drastically come down in the past month. 74% of the population has been vaccinated. Sydney, the capital of Australia’s most populous state – New South Wales (N.....
Chevron pledges to achieve net operational neutrality by 2050
October 12, 2021 01:25 PM AEDT| By Arpit VermaThe American multinational energy corporation, Chevron Corp on Monday decided to set targets for cutting and reducing operational emissions and become carbon neutral by 2050. This would be a significant step for the company to join the league for t.....
US economists Card, Angrist and Imbens awarded 2021 Nobel Prize
October 12, 2021 11:55 AM AEDT| By Team Kalkine MediaUS professors David Card, Joshua D Angrist, and Guido W Imbens were awarded this year’s Nobel Prize for economics. Card, an economics professor at the University of California, Berkeley, has won the prize for his contribution to labor economi.....
US crude jumps 7-year high to US$81.50 a barrel
October 12, 2021 03:07 AM AEDT| By Sanjeeb BaruahUS crude prices rose by 2% on Monday morning to hit a seven-year high of US$81.50 a barrel. Since October last year, oil prices have climbed more than 120%. Monday’s price gain, if sustained, will be the first time the US benchmark would clos.....
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