Short-time work policies hold the promise of helping countries combat the economic crisis caused by COVID-19 if they are aided by high uptake, generous wage replacement, incentives, and higher flexibility, says an economist. Michael Wolf from the Deloitte Global Economist Network cites short-time work—sometimes called a work-sharing program—as a policy that has gained considerable popularity…
The coronavirus pandemic has caused a pivot toward smaller influencers as they seem to be offering more value considering budget limitations, according to a recent study. Socialbakers’ State of Influencer Marketing Report shows that about 40% of all brand cooperations over the last 16 months were with small influencers who have 10 to 50k followers….
More and more units that were listed on short-term rental platforms prior to the coronavirus outbreak are moving to the long-term market, according to a Lisbon-based industry expert who says the pandemic’s fallout has made Portugal more affordable. “It’s still a little bit uncertain what’s happening, but there was a big shift for hosts to…
U.S. podcast advertising revenue is expected to grow 14.7% in 2020 and is forecast to generate nearly $1 billion by year’s end, according to a new study of the U.S. podcasting sector. The industry was projected to grow as much as 29.6% this year before the coronavirus pandemic, reads the fourth annual Interactive Advertising Bureau…
The coronavirus pandemic is expected to lead to a 10x increase in digital nomads in the next two to three years and Portugal seems to have maintained its appeal for location-independent professionals, says an industry expert. “We’re expecting like a really big influx, but it’s not happening quite yet,” David Nicol Williams, co-founder, chairman, and…
In the whirlwind of news about the coronavirus pandemic, it can be hard to distinguish facts from rumors, false reports, and opinions. This confusion has taken a heavy toll on the tourism industry, which revolves around people and information. One example is Portugal that has been recently caught up in heated conversations about whether it…
The coronavirus pandemic has caused a considerable decrease in cash flow for the space industry but a sustained upward trend in interest heralds strong public-private partnerships in the remainder of the year, according to a recent report on venture investment in the space sector. Noosphere Ventures—which conducted the analysis and invests in space technology companies—calls…
The coronavirus pandemic has resulted in work stoppages, delays in production schedules, supply chain breaks, and market uncertainty for businesses all around the world. One major sector that has not been spared the effects of the contagious condition and its economic fallout is the auto industry. The sharp decline in demand for vehicles has cast…
As physical sports were grounded by the coronavirus pandemic across the globe, esports not only continued to thrive but also found new fans along the way. Multiple industry reports have painted a fairly bright future for esports—which refers to organized, multiplayer video game competitions—saying that there are great opportunities in this sector despite widespread disruptions…
Seventy-eight percent of startups plan to hire new staff before the end of the year despite being caught in mid-air by the coronavirus pandemic, according to a recent survey by the world’s largest startup campus. The study by Station F—which was conducted in partnership with over 120 venture capital funds—also showed that 48% of startup…
