New York (CNN Business) United Airlines gave a $10 million deposit to a startup developing electric aircraft — all for the goal of shuttling customers to and from the airport by air rather than gridlocked roadways. It's not clear when or if the plan will come to fruition, as Archer, the company developing the electric air taxis, is still in the development phase. However, the company said Wednesday that's it's finishing the design of its production model. Archer estimates the first of its four-seater helicopters could be in operation by 2024. California-based Archer, which was founded in 2018, has raised nearly a billion dollars, according to analytics company Crunchbase . It refers to its aircraft as an eVTOL, or "electric vertical takeoff and landing" configuration. The company states they'll be able to travel up to 60 miles at up to 150 miles per hour. The aircraft is expected to lift off much like a helicopter, and it'll rotate its propellers from providing vertical to … [Read more...] about United Airlines puts $10 million behind plan to shuttle customers by electric aircraft
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Share to Twitter Share to Linkedin Topline A federal judge ruled Thursday that Robinhood must defend itself in court against a class action lawsuit related to the online brokerage’s January 2021 decision to halt trading in exploding “meme stocks” like AMC and GameStop, several outlets reported Thursday, though Robinhood vows to “vigorously defend” itself in the case. Key Facts Robinhood’s decision to temporarily bar the purchase of surging stocks like AMC, Bed Bath & Beyond and GameStop clears the “particularized threshold” of “market manipulation” for the suit to move forward, according to Cecilia Altonaga, the chief judge at the United States District Court for the Southern District of Florida, Bloomberg reported. Altonaga dismissed several of the allegations against Robinhood, according to Bloomberg, and noted the case presents “interesting legal questions, convoluted by the novelty of Robinhood’s platform.” The suit was … [Read more...] about Class Action Suit Moves Forward Against Robinhood Over Halting Meme Stock Trading
Deepak Talwar —Contributed photo Is it possible to take a slow-growth industry ravaged by natural disasters, urbanization and COVID-19 and transform it into a profitable, growing sector that creates value for business owners and customers alike? Such is the challenge facing the Philippine agricultural community. According to market research firm Statista, about a quarter of employed Filipinos work in agriculture, a sector which in 2020 contributed a significant 10.2 percent of the country’s gross domestic product. Given its importance to so many lives, as well as the economy as a whole, it is crucial to act now to ensure the sector’s long-term viability. The answer lies in placing smart investments in 5G and complementary technologies, alongside innovation and collaboration with communications service providers. Smart farming As typical in many emerging economies, agriculture in the Philippines remains overly dependent on manual labor, conventional tools and outdated … [Read more...] about Smart farming as a service 5G in PH agriculture: a transformation in waiting
Every marketing conference makes bold claims about how great it is and how "You don't want to miss this!" Yet, most fail to deliver on that promise. It's become all too common to spend thousands of dollars on speakers who give the same sweeping generalizations ("Know who your customer is and solve their problem!") or unhelpful recommendations most of us already know ("You should have an email list"). The Converted conference, on the other hand, was a stark departure from the above stereotype. Put on by software company LeadPages , and boasting an A-list conversion marketer lineup, insanely actionable advice, and advanced content, Converted 2017 is the conference you actually will be sorry you missed. Here's what stood out and why it's where you'll want to be next year if you care at all about conversion marketing. Highly actionable advanced material LeadPages Founder, Clay Collins, kicked things off on Tuesday warning the audience that this wasn't … [Read more...] about 3 Reasons This Conference You’ve Never Heard of Is Marketing’s Best Kept Secret
Share to Twitter Share to Linkedin After spending years hiding in the shadows of Charleston, Nashville, and Atlanta, the Queen City has quietly emerged as a vibrant Southern culinary destination worth paying attention to. Because so many people relocated to the area during the pandemic – making it one of the fastest-growing U.S. metropolises – the local community has never been more diverse, creative, or hungry for original, independently-owned spots to eat and drink. “As Charlotte grows, it’s entering a second renaissance where the people want to experience something unique that can only be found here,” says Kerrel Thompson, who co-owns Optimist Park’s Bird Pizzeria with his wife Nkem. “There are so many restaurants opening every week.” So below, 5 new and noteworthy restaurants and bars you can’t miss during your next visit to Charlotte. Bird Pizzeria There’s no mention of sourdough, hand-crushed San Marzanos, or wood-fired anything at Bird … [Read more...] about The 5 Best New Restaurants And Bars In Charlotte, North Carolina
ILLUSTRATIONBY RUTH MACAPAGAL There are fundamental concepts in marketing that remain relevant despite technology and changing consumer behaviors. This is important since what we know strongly influences what we do. Marketers (and entrepreneurs) need not wait for the consequences of a wrong action to influence new knowledge. Here is a list of five concepts marketers should look into to check if they have the right understanding of the business of marketing. 1. Needs and wants of the customers have to be identified First, most customers don’t even know what they actually need or want. They may know what they dislike but when it comes to new product design, it is still the domain of a company’s technical group, usually influenced by the company’s visionaries. For example, would the idea of an electronic blood pressure monitor come from hypertensive patients? Unlikely. The most they can do during the dominance of the manual blood pressure monitor era is to cite the pain points … [Read more...] about 5 marketing concepts that need to be reexamined
Share to Twitter Share to Linkedin Topline A number of irritated Robinhood clients have traveled to the company’s California headquarters in recent weeks to personally voice their frustrations over the company’s decision to suspend or restrict trading on certain stocks last month, with a number of tense encounters including protests, vandalization, and even – in one case — the throwing of animal feces, according to police reports obtained by CNBC. Key Facts At least 10 police reports obtained by CNBC , dating from January 28 to February 9, detail a variety of alleged transgressions at the company’s facility in Menlo Park following their limitations on the trading of several popular but volatile stocks. At one point, as many as 15 people joined a protest outside of the office, a Menlo Park police spokesperson told CNBC . According to the reports, one man hurled animal feces at the front door and another sawed into a sculpture on the … [Read more...] about Report: Outraged Traders Have Been Besieging Robinhood’s Corporate Headquarters
Crypto Exchange and a Cryptocurrency: A type of digital currency known as “cryptocurrency” is a type of virtual currency that is used for safe online transactions, such as payments. Cryptocurrency exchanges are online marketplaces where you may buy and sell digital currencies. There are entire industries devoted to making it easier for people to use and exchange cryptocurrencies, with Bitcoin being the most well-known. Bitcoin is presently valued at $29K as of May 2022. A buyer and a seller of cryptocurrency exchanges are involved in a crypto exchange in the same way they would in any other financial transaction. All transactions take into account current market rates for the currencies involved. You can swap similar or varied currencies depending on your preferences. Coins and tokens can be stored in crypto wallets, which offer security and convenience of usage. Bitcoin exchanges that are the best “Finest” can be interpreted in many ways, but for this article, I’ll … [Read more...] about What is Crypto Exchange and a Cryptocurrency?
Share to Twitter Share to Linkedin Dave Wendland, vp strategic relations at HRG , is passionate about the retail industry and optimizing results across the retail supply chain. I began talking about the concept of unboxed retail about five years ago. You may be scratching your head wondering what I mean by “unboxed retail.” The fact of the matter is that shopper behaviors have changed dramatically from their reliance on brick-and-mortar storefronts. Today’s shoppers are interacting with retailers on their phones, through social media, websites and countless other modes. This “unboxed” reality no longer requires traditional retail footprints. This has also created a dilemma for many retail formats anchored on street corners across America. How can they untether their shoppers from legacy shopping and manage the associated logistics of inventory management, fulfillment, returns and customer service? The pandemic certainly put a spotlight on the … [Read more...] about 5 Keys To Success In An Omnichoice And Unboxed Retail World
Since the Forex market is dynamic and constantly evolving, liquidity providers are essential to its smooth operations. LPs give buyers and sellers quotations, which enables market participants to convert currencies with the least amount of hassle. Large banks or other financial organizations that offer the capital required to keep the market running are often liquidity providers in the Forex market. To keep the market liquid, these institutions frequently trade on their own account and quote both buying and selling prices for currencies. LPs are crucial in maintaining market stability since they are frequently the first to respond to changes in currency rates. The forex market is too big and intricate to be governed by one organization. Numerous LPs from all around the world offer quotations and execute trades on their own behalf. There is no centralized authority as a result, and prices remain steady. Because the FX market is open twenty-four hours a day, seven days a … [Read more...] about How Central Banks’ Intervention Can Stabilize the Forex Market?