Exactly 27 years after Amazon was incorporated on July 5, 1994, the company’s founder Jeff Bezos stepped back from his role as CEO in July 2021, assuming the role of Executive Chair instead. Bezos, whose stake in Amazon made him the richest man alive, …
Following a less-than-stellar earnings report that revealed a slowdown in Facebook’s growth, privacy headwinds fanned by Apple and high costs associated with the transition to the Metaverse, Meta’s share price plummeted by 26 percent on Thursday, wipin…
Since Russia annexed Crimea and Sevastopol from Ukraine in 2014, military conflict between the self-declared Donetsk and Luhansk Republics, supported by Russia, and the Ukrainian government have held the East of the country in a state of crisis. As the…
Hosting the Olympics is an honor that comes with great financial responsibility. Here’s how much host cities have spent in recent times.
The post How Much Does it Cost to Host the Olympics? appeared first on Visual Capitalist.
The bear has awakened, and it will not be limited to the stock market.
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On February 2, the European Commission decided to label nuclear and gas as sustainable energy sources under certain conditions. The heavy backlash which began after the EU first introduced its plans in January is led by Austria and Luxembourg, who, acc…
We’ve been hearing variations of the same story for years: “Facebook is no longer cool”, “people are leaving Facebook behind”, “teenagers are over Facebook”, and so on and so forth. And yet, the world’s largest social network continued to grow, adding …
While its userbase, including premium subscribers, keeps on growing at a steady rate, Spotify is still seemingly unable to profit off it. Over the last five years, the streaming giant generated a positive net income in just six quarters, two of which w…
Russian natural gas makes up around a third of all gas used in Europe, arriving on the continent via pipelines. Gas plays an important role in the energy mix of many European nations, making the question of what would happen to gas flows in the case of…