Startups & VC

2022-05-25 21:02:03 How Inflation Changed the Price of a Hamburger

With inflation standing at 8.3% year-over-year in April, everyday items are becoming pricier for U.S. consumers.

Food prices in particular took some significant steps up, as seen in the example of shopping for hamburger ingredients.

Meats experienced some of the highest price increases among food items: Ground beef now costs almost 15 percent more than in April 2021 and bacon is 17.7 percent more expensive than one year ago

Inflation had already started to rise in 2021 in the aftermath of Covid-19 lockdowns that continue to affect global supply chains.

It was further pushed up by the Russian invasion of Ukraine that saw energy supply disrupted by sanctions and Ukrainian products missing from world markets Открыть/Комментировать

2022-05-25 17:02:05 Facebook's Turbulent 10 Years on the Stock Market

10 years ago, on May 18, 2012, Facebook went public in what is still the largest tech IPO in history

After pricing its shares at the upper end of the scale due to strong demand, Facebook raised $16 billion in an initial public offering that valued the social media company at $104 billion

This chart shows Facebook's stock price since the company's IPO in 2012 Открыть/Комментировать

2022-05-24 21:02:03 The Most Common Types of Cyber Crime

According to a recent FBI report on internet crime, more than 300,000 Americans fell victim to phishing attacks last year, making it the most common type of cyber crime

With identity theft and confidence fraud also high on the list of common offenses, protecting personal data from getting into the wrong hands is a crucial part in the fight against online crime.

This chart shows the most common types of online crime in the U.S. in 2021 Открыть/Комментировать

2022-05-24 14:02:09 Africa's Regional Exports Show Ongoing Colonial Legacy

Africa is undoubtedly one of the richest regions in terms of natural resources.

According to the United Nations, the continent is home to about 30 percent of the world’s mineral reserves, 12 percent of its oil and 8 percent of its natural gas

This chart shows the main export goods of African countries in 2020 Открыть/Комментировать

2022-05-23 21:02:03 The Most Profitable Companies in the World

According to the Forbes Global 2000 published Thursday, Saudi state oil company Saudi Aramco is once again the world's most profitable company as oil prices recovered in the second year of the coronavirus pandemic

Apple, ahead of Microsoft, led the ranking again in 2020, as the company benefited majorly from people working and socializing online during the early stages of the pandemic.

Since profits are known only for publicly listed companies or those planning to become listed on a stock exchange, the earnings of a large number of companies around the world, especially state companies, remain unknown and are not included on the list Открыть/Комментировать

2022-05-23 14:02:04 Which Big Tech Investment Paid Off the Most?

Even though minor fluctuations in tech stock are not unusual, this sector has seen relatively big drops in the past couple of weeks

While share prices for Amazon, Microsoft, Alphabet and Apple started going down at the beginning of April, Meta felt the stock market twinge even earlier

On January 10, the company's share price started its downhill tumble at about $332, now it's worth almost 40 percent less.

This chart shows the estimated current worth of $1,000 invested in GAFAM stock ten years ago Открыть/Комментировать

2022-05-22 21:02:03 The Internet Crime Business is Booming

The FBI's Internet Crime Complaint Center (IC3) has released its2021 Internet Crime Report which found that 2021 was another record year for both victims of internet crime and dollar losses in the United States

847,376 complaints were logged by IC3 in the last calendar year with total losses amounting to $6.9 billion.

The most frequent Internet crimes recorded in 2021 were some form of Phishing Открыть/Комментировать

2022-05-22 14:02:02 Chinese Economic Indicators Tumble in Prolonged Lockdowns

Following prolonged coronavirus lockdowns in major cities like Shanghai, Chinese businesses are feeling the crunch of the restrictions

Both retail sales and industrial production decreased in April, the National Bureau of Statistics China said in its message on May 16.

In response to the news, Asian stocks struggled on Monday, dragging already flailing global markets down with them as worries about economic growth are once again rising Открыть/Комментировать

2022-05-21 21:02:03 Bond Investors Caught Between Inflation Worries And Recession Fears

Up, down, up, down — US Treasury yields are bouncing around as investors try to balance worries about inflation with concern about a global economic slowdown, or even a recession.

Good news, bad news — data is mixed and the economy has no clear direction

The benchmark 10-year Treasury note yield fell on Monday to just below 2.9% after climbing near 3.2% last week Открыть/Комментировать

2022-05-21 14:02:02 After Record Year, Robotics Investment Stays Strong Even In Shaky VC Market

Once considered pie-in-the-sky deep tech that was always years away, robots are seemingly everywhere from warehouses to hospitals to construction sites, and the market to invest in robotics remains hot

Last year more than $17 billion poured into VC-backed robotic startups, nearly triple the investment in 2020 Открыть/Комментировать