LONDON — The meteoric rise of Bitcoin and other cryptocurrencies has seen many once skeptical institutions embrace a digital alternative to traditional currency. But in the art world, a similar evolution is taking place. The last two years has seen an explosion in the sales of digital artworks, which have […]
Read moreNew York Comic Con will be hosted in-person in 2021 with limited capacity
New York Comic Con will be hosted in-person at the Javits Center in New York City from Oct. 7-10 at reduced capacity. Florida Supercon will also take place in September and Emerald City Comic Con and C2E2 will be held in December, said the events' organizer. There will also be […]
Read moreRussia suddenly says it's pulling back troops from Ukraine's borders after weeks of tensions and fears of an invasion
Russia abruptly announced it’s pulling back troops from Ukraine’s borders after weeks of tensions. This came one day after Putin warned the West against crossing Russia’s “red line.” The buildup of roughly 100,000 Russian troops along Ukraine’s borders sparked fears of an invasion. See more stories on Insider’s business page. […]
Read moreNorway, the world's most cashless country, is testing a central bank digital currency after 4 years of research
Norway’s central bank on Thursday announced it will start testing a central bank digital currency. The world’s most cashless country moves to further decrease cash transactions, which now stand at roughly 4%. The bank, after researching on CBDCs for four years, will now proceed with technical testing. Sign up here […]
Read moreBiden administration pays travel costs for adult sponsors to pick up migrant children
Migrant child left behind because he ‘couldn’t keep up’: Border Patrol chief U.S. Border Patrol Chief Brian Hastings discusses footage of a migrant child who was left behind. The Biden administration is paying the travel costs for adult sponsors to go to migrant shelters and pick up migrant children – as […]
Read moreWalmart ditching massive pick-up towers in hundreds of stores
More On: walmart Colorado cop probed for arrest of elderly woman with dementia Walmart offers workers full-time employment in bid to retain them Former Walmart employee drives into store after getting fired McDonald’s to close hundreds of eateries inside Walmart stores Walmart is ditching the massive pick-up towers inside its […]
Read moreVideo from India shows people dying on stretchers outside an overwhelmed hospital as COVID-19 cases surge
A video from the BBC shows people dying on stretchers waiting for help at a New Delhi hospital. India’s health services have been completely overwhelmed by a surge of COVID-19 cases. On Thursday, India reported a record 315,835 daily new COVID-19 cases. See more stories on Insider’s business page. Video […]
Read moreGlobal stocks stabilize ahead of European Central Bank meeting despite steep rise in COVID-19 cases in Asia
NELSON ALMEIDA/AFP via Getty Images US futures were trading flat and major European indices recovered on Thursday morning. The European Central Bank announces its monetary policy decision later on. Oil prices sank as lockdown restrictions were extended in Europe and global COVID-19 cases continued rising. Sign up here for our […]
Read moreJeff Bezos, Drake and more invest $80 million in sports media company Overtime
Overtime raised $80 million in a Series C with investors including Bezos Expeditions, Drake and NBA stars including Devin Booker, Trae Young and Klay Thompson. The company will use a portion of the funds to fuel its basketball league that pays 16-to-18-year old players at least $100,000 per year. Sports […]
Read moreThe myth and magic of unicorns
Becoming a unicorn is surely a marker for a company in its growth story, but it’s not a major achievement nor is it a turning point of any significant worth. Nivedita Mookerji reports. Each day of the past few weeks was seen as a red-letter day for the start-up world […]
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