Share to Twitter Share to Linkedin Last week, the highest two spaces on Billboard ’s World Digital Song Sales chart were filled by debuts. This time around, the track that had to settle for second place moves up to the summit, and in doing so, one of the artists credited makes specific history on the list. Crush and J-Hope’s “Rush Hour” advances from No. 2 to No. 1 on this week’s World Digital Song Sales chart, which ranks the bestselling tunes that the company classifies as “world,” which is a vague definition that often includes artists performing in Korean, Japanese, German, and various African languages. “Rush Hour” is Crush’s first No. 1 on the World Digital Song Sales chart, but the same can’t be said for J-Hope. In fact, with another leader to his credit, the singer-songwriter ties another one of the biggest names from his home country for a piece of history. J-Hope has now landed five No. 1 singles on the World Digital Song Sales chart … [Read more...] about BTS’s J-Hope Ties For The Most No. 1s Among Korean Soloists On One Billboard Chart
Cryptocurrencies lose 46 billion after south korean bourse hack
- A + A KUALA LUMPUR (Oct 4): Bursa Malaysia extended Monday's (Oct 3) gains to close higher on Tuesday, bolstered by the improving global sentiment and bargain-hunting activities in selected heavyweight stocks, a dealer said. At 5pm, the benchmark index advanced 11.74 points to end at 1,409.36 from Monday’s close of 1,397.62. It opened 6.14 points firmer at 1,403.76 and moved between 1,402.9 and 1,411.55 throughout the day. Market breadth was positive with gainers outpacing decliners 567 to 280, while 331 counters remained unchanged, 1,175 untraded, and 30 others suspended. Total turnover widened to 1.92 billion units worth RM1.46 billion from 1.79 billion units worth RM1.45 billion on Monday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI trended higher on Tuesday as investors continued to bargain hunt stocks at lower levels after recent selldowns. He said key regional indices also trended broadly higher after … [Read more...] about Bursa ends higher on improving global sentiment
Share to Twitter Share to Linkedin By Franklin Amoo and Rahul Kumbhani Insufficient infrastructure investment has always stymied development in Africa. Most of the continent has historically lagged the rest of the world in coverage of key infrastructure classes, including energy, transport, water, healthcare and telecoms. Closing this gap is crucial for the economic growth and development of the continent and the quality of life of Africans. The recent emergence of a digital future has presented a new challenge for the continent - just as power, water and transportation infrastructure enable us to go about our everyday lives, digital connectivity has become another core aspect of our society. Yet Africa has the lowest penetration of internet connections globally, at just 22% compared to 80% in Europe. Upon the vanguard of the ‘Digital Revolution’, Africa, home to the majority of the ‘last billion’ to be connected, is fighting to not be left behind. For … [Read more...] about The Appetite For African Data Centers: Can Investment Keep Up?
Share to Twitter Share to Linkedin Quick experiment, think about how many credit cards are in your wallet. Got it yet? I am willing to bet that you have a Visa V or Mastercard MA credit card somewhere. Both are publicly traded and are integral pieces of the credit card industry. Credit card payments in 2018 totaled $44.7 billion in the U.S. alone, according to a 2019 Feder Reserve Payment Study. In the same year the U.S. accounted for $39.6 billion combined purchase transactions further proving America is a society that loves to spend. Investors have many avenues of investing in the financial industry, it can be quite intimidating to make a portfolio decision. Two juggernauts in the finance world have been battling each other for market shares since the dawn of electronic payments. Between them, they account for 64 percent of the global consumer financing market. Visa stock has grown 70.2% over the past five years compared to Mastercard stock's … [Read more...] about Visa vs. Mastercard, Here’s What Investors Need To Know About These Two Credit Card Giants
Share to Twitter Share to Linkedin Key takeaways While cryptocurrency remains questionable, blockchain applications and Web3 have plenty of business potential. The incubator CEO is excited about development in Africa, notably Kenya and Nigeria. AgriTech and FinTech are on the cusp of major leaps and improvements and remain a focal area for private investments. Sitting at the top of any business gives you a unique view of the economy and emerging business trends. This is even more true for Maëlle Gavet, Chief Executive Officer of TechStars. As the leader of a global business accelerator with more than 1,000 portfolio companies and nearly 400 successful exits, Gavet has her finger on the pulse of the next big things happening in technology across a wide swath of sectors and business models. A member of the Q.ai team was lucky to sit down with Gavet at the recent Collision conference in Toronto. Here are key insights she shared regarding the … [Read more...] about TechStars CEO On The Future Of FinTech
Share to Twitter Share to Linkedin Pedro Langa is an innovative financier advising companies on finance digitalization. Decentralized finance's meteoric rise in popularity over the past decade has permanently changed the global marketplace for financial services, shifting the power away from central institutions and into the hands of individual users. What was once a niche interest among cryptocurrency enthusiasts is now a full-fledged industry with billions of dollars' worth of value locked in DeFi protocols. From 2019 to 2021, DeFi's market capitalization grew from less than $1 billion to almost $100 billion at its peak, catalyzed by the explosion of new projects and decentralized applications. This has profoundly impacted the way businesses operate, with traditional finance departments across the globe being forced to adapt to the DeFi revolution or risk being left behind. Use Cases And Their Impact On Organizational Structure While the … [Read more...] about How DeFi Is Reshaping Finance Departments Across The Globe
Share to Twitter Share to Linkedin It may sound like risk-off overkill, but if you wanted to take a belt-and-suspenders approach to protecting some of your savings from inflation and the risk of collapsing financial markets, you might look for an asset that combines the historical acceptance of precious metals with blockchain ownership verification and maybe wrap it up in a stablecoin packaged by a company committed to ethical investing, just to be ridiculously safe. MRHB.Network plans to offer Gold & Silver Standard (GSS) bullion tokens to investors around the world with a razor-thin 0.03% transaction fee. Each token is worth 1 gram of precious metal, and investors can buy in increments of 1/18. There's no floor for the first week, so avid but timid gold investors can get their feet wet for as little as $3, based on the metal's recent price of about $1,660 an ounce ($53 a gram). After that, there will be a $10 minimum purchase, still less than a quarter … [Read more...] about Halal Gold Stablecoins Offer Gram-By-Gram Hedge Against Finance Maelstrom
- A + A NEW YORK (Oct 4): Micron Technology Inc said it plans to invest as much as US$100 billion over the next 20 years to build a factory in upstate New York to boost US production of memory chips. The announcement on Tuesday represents the largest private investment in New York state history, according to a statement from Boise, Idaho-based Micron. The company said the first phase investment of US$20 billion, in Clay, New York, is planned by the end of this decade. The New York site, which will generate about 50,000 jobs in the state, including about 9,000 high-paying Micron positions, adds to the company’s previously announced manufacturing facility in Boise. The company said it expects to get US$5.5 billion in incentives from the state of New York over the course of the project. The so-called megafab chip factory complex is part of Micron’s strategy to “gradually increase American-made leading-edge DRAM production to 40% of the company’s global output over the … [Read more...] about Micron plans investment of up to US$100b in New York chip factory
Robert Hale became a billionaire capitalizing on the technology Alexander Graham Bell patented in 1876. But time’s up, and now the 21st century is calling. “G ood fun, good fun!” bellows Rob Hale on a recent Friday morning. It’s 6:30 a.m., and two dozen employees of Granite Telecommunications have gathered for one of their CEO’s favorite rituals: hourlong morning workouts, a grueling grind of pushups, squats, burpees, sit-ups, planks, jumping jacks and stair runs through the company’s four-story office headquarters in Quincy, Massachusetts, a blue-collar burb 10 miles south of Boston. Hale, 56, likes routine. His typical workday includes nabbing the parking lot’s fifth spot (five is his lucky number), downing four extra-large decaf Dunkin’ coffees (two in the morning, two in the afternoon), overseeing a second group workout at noon (this one, mercifully, 20 minutes), then getting home in time for dinner with Karen, his wife of 28 years. “My life is very regimented,” Hale … [Read more...] about This Dot Com Crash Survivor Bet On 100-Year-Old Landlines. Now He’s Boston’s Second Richest Entrepreneur.
Share to Twitter Share to Linkedin Topline: President Trump announced a 30-day travel ban for Europe that goes into effect Friday as a response to the coronavirus pandemic, immediately creating a massive, likely multi-billion dollar impact on the industry as travelers struggle to change their plans and airlines scramble to comply. NBC News reported that airlines and travelers were in a state of chaos and confusion Thursday morning. New York Times reporter Mike McIntire said that Paris’ Charles de Gualle airport was “bedlam” with one traveler paying as much as $20,000 for a ticket home. NBC News reporter Shannon Ho said Berlin, Germany’s Tegel airport had “lots of chaotic energy” and spoke with a Tesla employee, an unnamed worker and an unnamed vacationer whose plans were cut short and were scrambling to get home. Airlines were similarly racing to deal with the sudden travel ban, according to CNN , which reported that Delta, American and … [Read more...] about Coronavirus: Travelers And Airlines Scramble After Trump Announces European Travel Ban