Share to Twitter Share to Linkedin Michel Kilzi is a serial entrepreneur, data intelligence expert with a vision to redefine the role of data as an asset. If there’s one thing that’s the talk of the town today, it’s the metaverse. A blend of virtual reality, augmented reality, sensorial tech and spatial computing, the metaverse promises to give us new experiences from our couches or cubicles. But the metaverse is not just some gaming space, sci-fi dream come true. Nor is it limited to tech companies—it is an entirely new economy. Even traditional firms, including restaurants like McDonald's and retailers like Nike , are preparing for the metaverse to become a space where you’ll be able to go shopping, play games, meet friends, attend concerts, work and generally build a virtual life. Since the metaverse is still in its infancy, there is no clear path to profitability for most businesses; everyone is scrambling to strike gold first. As we … [Read more...] about The New Virtual Economy Of The Metaverse
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Prime Minister Datuk Seri Ismail Sabri Yaakob (Photo by Zahid Izzani/The Edge filepix) - A + A KEPALA BATAS (May 22): The government has approved RM132.4 million in development allocation for the Malaysian Fire and Rescue Department under the 12th Malaysia Plan (12MP) to improve its readiness and for the welfare of its personnel. Prime Minster Datuk Seri Ismail Sabri Yaakob said as a government responsible and concerned for the development of fire and rescue services in the country, various efforts have been taken to fulfil the service commitments towards Malaysians especially from the aspect of firefighting infrastructure development and human capital. "It (The allocation) covers procurement of fire engines, utility vehicles, fire forensics vehicles, personal protective equipment (PPE) and firefighting monitoring software systems aimed at boosting the department’s effectiveness in handling emergency cases,” he said in his World FireFighters’ Day speech at the … [Read more...] about Govt approves RM132.2 mil development allocation for fire dept
Share to Twitter Share to Linkedin Sergey Gribov is a Partner at Flint Capital , an early-stage venture fund that invests across Israel, USA and Europe. In 2021, American VC-backed companies raised $329.9 billion . This is a nearly 100% increase over the record-breaking $166.6 billion raised in 2020. On top of this, early-stage VC activity surpassed $80 billion for the first time, and annual exit values soared to more than $774 billion. This huge influx of funds led to skyrocketing startup valuations in 2021. However, as the end of the Covid-19 pandemic appears to be on the horizon, entrepreneurs and investors alike are wondering what the future holds. Can these sky-high valuations last? Is this investment frenzy sustainable, or should we brace for a crash? Fortunately, the answers to these questions paint a brighter picture than you might expect. How The Federal Reserve Influences The VC Market The U.S. Federal Reserve is … [Read more...] about Startup Valuations Now: Are We In A Bubble?
This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay
Share to Twitter Share to Linkedin Reigning American Idol winner Chayce Beckham has come a long way. The Season 19 champion went from being a forklift driver to the first person to win American Idol with an original song. While the autobiographical, self-penned “ 23 ” topped numerous viral charts and amassed more than 75 million on-demand streams, Beckham further introduced himself to the country genre in April with the personal six-track EP Doin’ It Right via 19 Recordings in partnership with BBR Music Group/Wheelhouse Records. Beckham’s 2022 continues to pick up steam as he has tour dates booked with Luke Combs and Jimmie Allen. His debut single, “Can’t Do Without Me” with labelmate Lindsay Ell, also is in the top 40 of the country charts. Tonight, a new Idol will be crowned winner during the Season 20 finale of the singing competition. A year after Beckham was voted winner, the singer-songwriter reflects on the many business lessons he’s … [Read more...] about ‘American Idol’ Alum Chayce Beckham Reflects On Year After Historic Win
The U.S. Census Bureau said Thursday that it “significantly” miscounted the population of more than a quarter of U.S. states in the 2020 census. The faulty numbers have already been used to allocate the next decade’s House of Representatives seats and Electoral College votes. The Census Bureau conducted a follow-up survey which found that 14 states were either under- or over-counted by a statistically significant amount. BREAKING: 14 state populations were significantly miscounted in 2020, the Census Bureau said — a revelation that comes after the numbers were already used to divvy up House seats for the next decade. https://t.co/w2fKTPwI2s — NPR (@NPR) May 19, 2022 Arkansas, Florida, Illinois, Mississippi, Tennessee and Texas were listed as under-counted states. Delaware, Hawaii, Massachusetts, Minnesota, New York, Ohio, Rhode Island and Utah were listed as over-counted. Arkansas was the most under-counted state, missing by just over 5%, and Hawaii was the most … [Read more...] about Census Bureau Says It ‘Significantly’ Miscounted 2020 Population In More Than 1/4 Of States