Highly addictive or simply fun? Americans are torn about the pros and cons of sports betting, as seen in results from the Statista Global Consumer Survey. In a country where betting is highly regulated, the highest share of respondents – 31 percent – s…
After a non-binding agreement to stop deforestation by 2030 was joined by 120 countries at the COP26 climate conference in Glasgow last week, remarks by officials out of key countries have cast doubts on their willingness to carry through with the plan…
According to reporting by Bloomberg, the MySpace clone SpaceHey has passed the 200,000 user mark one year after its launch. Originally envisioned as a hobby project by 18-year-old German web developer Anton Röhm, the site has received praise for its pr…
While the global chip shortage is hampering production processes in industries across the globe, the actual manufacturers profit the most from the semiconductor scarcity. Among them is Europe’s largest chipmaker Infineon, which accumulated $3.4 billion…
As Disney+ celebrates its second birthday on November 12, the latest update on its subscriber growth has the potential to spoil the party. Between July and October, the service added just 2.1 million subscribers, marking the slowest quarterly growth by…
While Tesla is still by far the biggest car manufacturer when it comes to market cap with a value of over $1 trillion, the incredibly successful IPO of EV maker Rivian this past Wednesday could spell trouble for Elon Musk and his business in the long r…
Consumer prices in the United States continued to rise in October, as inflation hit a 31-year high. The Consumer Price Index for All Urban Consumers (CPI-U) was up 6.2 percent compared to a year ago, while the core index excluding more volatile food an…
Roblox Corporation, the company behind the online gaming platform of the same name, is the most valuable publicly-traded gaming company worldwide with a market cap of $63 billion according to data by Yahoo Finance. Its competitors, including household …
As winter is approaching, COVID-19 infections are bound to increase among vaccinated and unvaccinated individuals. However, a closer look at CDC data shows that there is a significant difference between both groups across all age cohorts in the likelin…
While analysts projected a profit loss for Tencent due to the Chinese government’s crackdown on big tech companies, the impact of these measures has been comparatively low. The tech firm still managed to generate $9.7 billion in profits this past Q3, a…