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…
The viral coronavirus outbreak has left millions of people around the world in financial limbo, without income or with insufficient earnings as their bills pile up. Many businesses have started scaling back their workforce as the prospect of a quick recovery from the pandemic fades, with airline companies making some of the biggest job cuts….
The shock wave of the coronavirus is driving technological adoption in unanticipated ways around the globe, transforming societies and economies at a pace that would have seemed unimaginable just a few years ago. In particular, companies enabling communication and exchange of services and goods over distance have seen notable increases in adoption and usage. Fintech…
With the economy expected to remain on rocky footing potentially beyond 2020 and COVID-19 quarantines and lockdowns ebbing and flowing on a rolling basis, new trends in consumer sentiment and behaviors are emerging globally. According to a new Future Consumer Index published by Ernst & Young, 42% of surveyed consumers believe that their shopping habits…
A group of volunteers in Ireland, Slovakia, Portugal, and Brazil have joined hands with medical experts to create a “user privacy-respecting” application to help stem the tide of the coronavirus. The team behind the free app—which is called “Covidian” and was first launched in Slovakia—says it has helped the country’s Health Ministry flatten the curve…
Governments around the world should understand that now is the time to act and offer solid financial support to startups as they can have a positive, lasting impact on the economy, says a Lisbon-based entrepreneur. “Big companies get big because they get really good at doing the same thing over and over again. And then…
Brazil has been in the news for all the wrong reasons since the coronavirus began to ravage Latin America’s largest country. At the heart of the controversy is President Jair Bolsonaro who has provoked a hail of criticism from health experts for his opposition to measures aimed at stifling the spread of the virus. Dismissing…
Since the roll-out of coronavirus-related restrictions, gaming has provided a welcome distraction for people at home looking for social interaction and entertainment. That is why the global video game industry continues to see huge growth in playing time and sales despite the widespread economic disruption triggered by the pandemic. The impressive jump can also be…
The coronavirus pandemic is accelerating the need for artificial intelligence solutions as the technology can help businesses run more nimbly and reliably, says a marketing manager at TAIGER, one of Asia’s fastest-growing AI companies. “Big companies are realizing that AI technologies can make them more flexible to adapt better to changes like the ones brought…
