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Companies & CEOs

Zoom, Salesforce earn $11.5M each after Israeli software maker IPO

Zoom, Salesforce earn $11.5M each after Israeli software maker IPO
Video conferencing service Zoom invested in the stock market for the first time, while Salesforce is a seasoned investor in IPOs and in the venture capital market. Zoom and Salesforce each raised $11.5m in a day of trading after the IPO of Israeli...

Google to change advertising rules after fine in France

TopRank Marketing via flickr
US company Google will make changes to the handling of advertising technology on its platform as part of its commitments to France's antitrust regulator, according to a press release from the company. Earlier on Monday, the French antitrust...

US largest private healthcare products manufacturer sold for $34B

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The largest privately held medical device manufacturer in the US is to change ownership. Medline, which has become one of the most important suppliers of antiseptics, masks, wipes and even toilet paper since the pandemic began, is being bought by a...

Tesla files trademark applications for restaurants

Jakob Härter
U.S. electric car maker Tesla has filed three trademark applications that the company wants to use in restaurant services, according to a document on the website of the United States Patent and Trademark Office (USPTO). In particular, according to...
Markets & Industries

ECB expects eurozone economy to accelerate

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The European Central Bank (ECB) expects a major acceleration of economic growth in the 19-country eurozone in the second half of this year, the governor, Christine Lagarde, said. Eurozone real GDP fell 0.3% in the first quarter of this year and was...

Trade boom begins in China

Beryl_snw via pxhere
Chinese exports were up nearly 28 per cent in dollar terms in May from a year earlier. Imports soared 51.1 per cent, a record since 2010. The trade surplus for the month was $45.5 billion. The country has embarked on a trade boom, Bloomberg wrote....

WTO Trade Barometer shows rise across the world

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China's trade surplus, however, still rose during the month from $43 billion to $46 billion. Most of the import dynamics is due to the low base effect, and the surplus growth looks quite low compared to previous years, notes Capital Economics....

OPEC speaks out on possible increase in Iran's oil production

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OPEC expects Iran's future oil production growth to be transparent and orderly, keeping the market stable, OPEC Secretary General Mohammed Barkindo said in a statement on the organisation's website. "We anticipate that the expected return of Iranian...
In-depth coverage

The challenges Covid-19 is posing to learning, teaching, and working in society

At enlightED Virtual Edition 2020, leaders of higher education institutions discussed taking “a crash course into the future”
>>> Zoom on Earth

When innovation brings more problems than it solves

Innovations allow for fantastic advances in environmental protection, but there are limits that are sometimes ignored. That is why we cannot always be sure when companies claim to be saving the planet, and sometimes there are hidden problems that outweigh the benefits. Almost every single venture aiming to improve ecological impact is confined by the constraints of capitalism. Informatio...
World & Politics

China arrests 1,100 people on suspicion of money laundering through cryptocurrency transactions

© 2018 QuoteInspector.com
Chinese police have arrested 1,100 people suspected of using cryptocurrency transactions to launder money derived from criminal activity. The money in question is mostly from phone and internet fraud. According to Chinese police, members of more...

European Parliament approves introduction of COVID certificates

Office of Governor Andrew M. Cuomo
The European Parliament approved the introduction of COVID certificates in a plenary session, the parliament's website reports. The initiative received 546 votes in favour, 93 against and 51 abstentions. The system has already been launched in...

Analysts: Solidarity with G7 will cost UK hundreds of millions of dollars

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A new G7 plan backed by London to tax international companies would allow US IT giants Google, Amazon and Facebook to pay less tax in Britain than they do now, says activist group TaxWatch, cited by The Guardian. The study found that the changes...

ProPublica: the richest US citizens paid almost no taxes

401(K) 2012 via flickr
The 25 richest Americans, including Berkshire Hathaway CEO Warren Buffett, former New York mayor Michael Bloomberg, Amazon and Tesla heads Jeff Bezos and Elon Musk, paid significantly less income tax than they should have under general rules,...
Management & Strategy

Former Volkswagen chief, other top executives to pay €288M for dieselgate

Verwendung fuer Pressezwecke honorarfrei
German carmaker Volkswagen said it reached an agreement with former CEO Martin Winterkorn and three other former top executives on the issue of compensation for the "dieselgate". In total, VW will receive €288 million from them. Most of the amount -...

Apple employees speak out against return to office

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Apple employees have spoken out against a new company rule that would require them to work from the office at least three days a week. According to them, working remotely has only improved their productivity, allowed them to take care of themselves...

Three ways to re-focus and let your brain rest

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Excessive concentration tires the brain. It takes away energy, exhausts you, and interferes with self-control. It makes you more impulsive and less efficient. As a result, you risk making rash decisions and resisting cooperation. Recent research has...

Pain points and weaknesses: How to resist manipulators at work

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Everyone has weaknesses and pain points, and pushing them tends to throw us off balance. "Hot buttons" are anything that triggers an involuntary emotional reaction in you, making you mad (negative "hot buttons") or inspiring (positive "hot...