Author: Ipsha Mohanty

Goldman Sachs Group Inc (GS.N) is encouraging its eligible U.S. staff to work from home until Jan. 18, a corporation spokesperson said, because it followed a lot of its rivals in altering return-to-office plans because of the Omicron variant of Covid 19 spreads. Goldman’s offices will still remain open with previously announced COVID-19 safety protocols, the spokesperson added. Those measures are a vaccine requirement, booster requirement for all eligible populations effective Feb. 1, bi-weekly testing effective Jan. 10, and mandatory masks. Financial firms are grappling with when they can realistically go back to business-as-usual, and the way to communicate to…

  Alphabet’s stock has risen about 70% this year, bringing the company’s market capitalization to nearly $2 trillion. It’s by far the best year for any of the Big Tech firms, and it’s Alphabet’s biggest yearly return since 2009. Throughout the Covid-19 pandemic, consumers have completely relied on Google’s digital products and services. Alphabet is on the cusp of having its best year in terms of investment performance since 2009, and it has already proven to be the best-performing Big Tech stock in 2021. Alphabet’s stock has risen 68 percent this year, closing at $2938.33 on Thursday. With only five…

According to a property database, Zuckerberg’s Kaloko LLC bought a 110-acre site for $17 million on Kauai. The purchase was made from a company owned by the Pflueger family. The purchase includes most of a reservoir that flooded in 2006. The flood-affected seven people after a section of the reservoir bursted due to 40-day continuous rain.  James Pflueger was held responsible for the tragedy for his management of the dam. He was sentenced to seven months in jail by a state judge in 2014. He was released in the year 2015 but unfortunately died in 2017 at the age of…

  On Monday, Chinese citizens took to social media to criticize Elon Musk, the CEO of Tesla and SpaceX, after China reported that its space station had to take evasive steps to avoid colliding with satellites launched by Musk’s Starlink project. The satellites from Starlink Internet Services, a division of Musk’s SpaceX aerospace company, had two “close encounters” with the Chinese space station on July 1 and Oct. 21, according to a document submitted by China earlier this month to the U.N.’s space agency. “For safety reasons, the China Space Station implemented preventive collision avoidance control,” China said in a…

  China Evergrande Group announced on Sunday that it has made initial progress in resuming construction, with its chairman promising to deliver 39,000 units of houses in December, up from less than 10,000 units in each of the previous three months. During a meeting on Sunday, company chairman Hui Ka Yan emphasized that no one at Evergrande would be permitted to “lay flat,” asking employees to fight day and night so that sales can restart and debt can be cleared, according to a statement from Evergrande. “With the company resuming construction work at full steam, the group plans to deliver…

The fast-growing crypto-currency which has become a much-discussed affair globally has seen yet another restriction on its way. The latest of these developments has been seen in the England forefront. The Bank of England has posed the risks of crypto-currency as a danger to the existing financial system, as per an official from BBC. With the release of regular health checks on the financial system, banks have warned large institutions wishing to introduce crypto assets for fear of potentially causing a financial crisis, breaking the coronavirus. rice field. However, in the past week, it has recovered to its current level. …

Sprinkles has installed kiosks in its bakeries around the country, allowing customers to order their own purchases and aiding the company in managing its increased online orders. Sprinkles Cupcakes is a bakery franchise that first opened its doors in 2005. It is regarded as the first cupcake bakery in the world. Customers no longer have to wait in line to buy a cupcake at a Sprinkles bakery. Instead, they use a tablet to place an order, swipe a credit card, and wait for an employee to get it. How amazing and quick! The kiosk approach, which the cupcake business began…

The Tesla Powershop concept is a hybrid and unique model of electric vehicle service, promotion, and charging stations. This hybrid retail model has been adopted nationwide and is highly regarded internationally.  The latest development with Tesla Power is that it is ready to conduct business in the Indian subcontinent.  “India business meet, which was hosted by Tesla Power USA on 24th December 20201, at Pride Plaza Hotel in New Delhi, India. The program included MD and Global CEO John H. Vratsinas, Managing Director of India Kavinder Khurana, and India’s Business Head Sandeep Avasthi.  “In the near future, we are preparing…

  Amidst the constant dodging of the third wave of covid and with nations preparing themselves into getting another lockdown, as the new covid variant omicron is surging across the globe. Meanwhile the middle east hub Dubai is preparing itself for a business boom. Following the post-vaccination, Dubai has opened its gates for everyone who is vaccinated inviting tourists, ex-pats, influencers to invest in its business making the hospitality industry as busy as ever. The pubs, bars, restaurants are facing long-queue whereas hotel suites are getting over-booked.  According to Sese, a manager of a high-end restaurant, “we’re back and…

  “I’m officially banned from Web3,” Dorsey tweeted Wednesday alongside a screenshot showing he had been blocked by Andreessen. The block comes after Dorsey slammed the private equity business, including Andreessen Horowitz, in a series of tweets. This week, Dorsey has expressed multiple views on “Web3” — a potential new decentralized version of the internet based on blockchain. Perhaps most notably, the entrepreneur said Web3 would be owned by rich VCs like Andreessen instead of “the people”. “You don’t own ‘web3,’ he tweeted. “The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity…