Stories

The Top 20 Reasons Startups Fail

If you are running a startup, you would want to know, like many others, why startups fail. The research company CB Insights studied many cases and highlighted the top 20 reasons which you could learn from. #20 – Failure to pivot when necessary. Not pivoting away or quickly enough from a...

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How Amazon makes money may surprise you

According to market research firm Statista, Amazon reported better-than-expected results for Q1 2023, with net sales of $127 billion and a net profit of $3.2 billion, beating analyst expectations. The CEO, Andy Jassy, highlighted the company's robust advertising growth, improved cost efficiency, and record fast delivery speeds for Prime members. However,...

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Most Popular Apps in the World

More and more people use apps for everyday living, entertaining and communications. On average, we spend more than 40 hours a month using our favorite apps. The most popular apps in the world can vary depending on the region and the type of app, but here are some of the most...

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Moodle • Open Source Software for Online Learning

Moodle is a free and open-source learning management system (LMS) that allows educators to create online courses and learning environments. It was created in 2002 by Martin Dougiamas, a computer scientist and educator who wanted to create a platform that would facilitate collaborative learning and improve the quality of education for...

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Bitcoin rewards and NFTs may help grow the blockchain

From TechCrunch: Welcome back to Chain Reaction, a podcast diving deep into the stories, backgrounds and latest news with the biggest names in crypto. For this week’s episode, I interviewed Alex Adelman, the co-founder and CEO of Lolli. Founded in 2018, Lolli is a bitcoin rewards app that lets people earn...

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Digital Economy Compass - Part 2 Social Media

Only a decade ago, social media was little more than a budding trend. Although social sites like Friendster and MySpace that had a decent level of adoption, the population as a whole and businesses had not realised the potential of social media. Facebook was founded at 2004, Twitter appeared around 2005,...

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The Uprising of Fintech Firms and the Disruption in Banking

Recent years, from payments to wealth management, from peer-to-peer lending to crowdfunding, “fintech” firms are growing rapidly.  These “fintech” firms which are familiar to the public include Lending Club, OnDeck, Venmo, Rate Setter and SocietyOne. Lending Club alone, funded about $2 billion loans last quarter, and their lending to-date is more...

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5 Big Companies Are Using Drone Technology

Drones have gained popularity in recent years, they are commercially available and viable, they have been applied to many tasks in various industries. They help companies cut costs, save time, and improve safety Here are big companies who are using drone technology today. Retail 1. Amazon: Amazon has been developing its...

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Ant Financial now ranks among the world's most valuable financial services firms

Ant Financial was initially launched to support online payments. Today, it’s ecosystem covers financial services, from wealth management and insurance to lending and credit scores. Ant counts nearly 600M Alipay users, plus 110M+ Alipay partners across 15 countries — is much bigger than payments alone. 100M+ users use all 5 of Ant’s key functions, meaning...

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The World's Most Valuable Technology Brands

Interbrand's estimation of the latest technology brand value have Apple sitting firmly at the top, with a value of over 184 billion US dollars. Google sits at the second spot, with a value of $141 billion US dollars. Facebook has a big jump of 48%, Amazon jumped 29% and Adobe jumped...

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Digital Economy Compass - Part 1 Connectivity

"At least 40% of all businesses will die in the next 10 years, if they don't figure out how to change their entire company to accommodate technologies", John Chambers, Chairman of CISCO Sytems. Statista has published a digital economy compass document and provided more than 180 slides of the state and...

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Amazon Dwarfs U.S. Retailers in Terms of Market Cap

Twenty years ago, on May 1997, a Seattle-based online bookstore held its initial public offering. The leadership at retail companies such as Walmart, Costco and Target probably didn’t lose any sleep over what that upstart online bookstore might one day do to their businesses. 25 years later, Amazon.com is now by...

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Snap Is More Valuable Than These Household Names

After its share price soared 44 percent on its first trading day, Snap is now valued at $28.3 billion. That is nearly 70 times its total revenue for 2016. Even for a fast-growing tech company that is a lot. Facebook in comparison has a price-to-sales ratio of around 14. As our...

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Harnessing the IoT Revolution

Internet of things (IoT) is about increased communication between physical devices, buildings embedded with electronics, software, sensors, actuators, and network connectivity. It is no longer a future technology imagination, it has come to our lives. So how do we grasp the opportunity and harness the IoT revolution? Source: channel9.msdn.com

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The Conversational Interaction Conference will be held next week at San Jose

Human Interaction with computers, digital devices and applications by text or speech in natural language is becoming increasingly important and feasible. The CI Conference will discuss how companies and application developers can take advantage of this trend—including resources for creating bots and digital assistants, delivering customer service in natural language, best...

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Are Smartphones Killing Digital Cameras?

With the cameras built into smartphones get more and more advanced, people using smartphone instead of cameras to capture life moments has become a norm because of the advantage of the smartphone being always with us. Although the digital cameras in smart phones are still inferior to dedicated digital cameras, they...

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The next-generation operating model for the digital world

The rise of digital has kept businesses on their toes to reinvent their operating models in order to increase revenues, lower costs and delight customers.Businesses want to improve agility, take advantage of new technologies, so that they can react more quickly, cut costs, be more effective, improve quality of services and...

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The secret of Snapchat's advertising strategy

Snapchat has come up with a new game feature selfie filter games – Santa’s Helper. This game is playful similar as other games created in the past, from sponsored Kraft Mac & Cheese game to non-sponsored Puzzle Face, only difference is that the Santa’s Helper is a native game.  The Snapchat...

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Xero Bookkeeping for small businesses and bookkeepers

Xero is online accounting software for small businesses. You can use Xero to manage invoicing, bank reconciliation, bookkeeping, purchase orders, payroll, inventory tracking & more. Xero is integrated with 500+ third party apps which cover inventory, invoicing, time tracking and expenses. The challenges for small business owners are not only the...

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