(Brands & Consumers)
It’s a sad day for cryptocurrencies and Bitcoin. Bitcoin fell below $26,000 for the first time in 16 months, part of a larger sell-off in cryptocurrencies that wiped out more than $200 billion from the market in a single day. According to Coin Metrics, the price of bitcoin fell to $25,401.29 on Thursday. This is…
The battle line appears to be drawn as FIFA takes on EA Sports video game in soccer’s new rivalry. For three decades, the Switzerland-based soccer body, FIFA has enjoyed a flourishing, mutually beneficial relationship with EA Sports. The annual edition of the video game, alongside related products, has raked in billions of dollars and has…
In light of receiving more than 100 fines dished out to people working in Downing Street for Partygate breaches of Covid laws, Scotland Yard revealed today. In the first update in a month, detectives working on the Operation Hillman probe into boozy gatherings in the corridors of power have doubled the number of fixed-penalty notices…
More Americans are feeling financially strained as the prices of basic necessities keep climbing. At the moment, inflation is showing no signs of slowing down, making it harder for workers to make ends meet. The Consumer Price Index increased 8.3% from a year ago, higher than the 8.1% estimate, according to the U.S. Bureau of…
The inflation rate in Germany hit 7.4% year-on-year in April, up from 7.3% in March, official data showed on Wednesday. “The inflation rate thus reached an all-time high for the second month in a row since German reunification,” Georg Thiel, president of the Federal Statistical Office (Destatis), said in a written statement, Anadolu News agency…
The US consumer price index (CPI), a broad-based measure of prices for goods and services, was released on Wednesday, showing that prices rose 8.3% in April. Officials hope soaring inflation might be slowing down, even as households continue to feel the pain, The Washington Post reports. Still, inflation has been the single biggest threat to…
Cryptocurrency market cap has crashed further as Bitcoin and several other top crypto prices hit new lows. The global crypto market cap is now just $1.38 trillion, a 6.44% decrease in the last 24 hours. The Bitcoin price has again fallen below $31,000 level. At the time of this report, Bitcoin price was $30,621, which…
We know for a fact that Apple’s iPhone 14 line-up will be launched around October 31, 2022. While details of the phone’s specifications and new features have been circulating on the Internet, we will have to wait longer for Apple to come out with the official details. However, news cycles are replete with leaks on…
Hiring in the US remained strong in April despite concerns that fast rising prices and other economic disruption could lead to slowdown. Employers added 428,000 jobs, while the unemployment rate held steady at 3.6%, the Labor Department said. The gains were bigger than expected, marking the 16th month of expansion. The growth is likely to…
These might not be the best times for popular business magnate Elon Musk as his $44 billion buyout of Twitter Inc. has been challenged in a lawsuit by a Florida pension fund that argues the deal can’t close before 2025 because Musk was an “interested shareholder” in the social networking platform. The suit was filed…
Ecobank has launched its Ellevate Leadership Training Programme in partnership with the Global Business School Network (GBSN). The Ellevate Leadership Training Programme forms part of ‘Ellevate Equip’, the brand name for all capability and training support initiatives for Ellevate by Ecobank, the bank’s gender financing programme. This Leadership Training programme is being delivered to an…
On the heels of its announcement in December 2021, Amazon has shut down its popular website research and SEO analysis tool. Alexa was well known within the digital marketing hub for its Alexa Rank score. It should be recalled that in December, Amazon had announced that it would shut down the Alexa rank service in…
The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had “tremendous potential” that he would unlock. He also called for a series of changes from relaxing its content restrictions to eradicating fake accounts….
Organizational culture is the surface on which an organization’s structure lives, grows, and all corporate decisions are based. Without culture in an organization, it is like a house having no foundation. The operations and decision-making would be significantly affected by an organization if a culture does not exist. Organizational culture is the soul that binds…
Gamification is more manipulative, as advertising is persuasive. What makes it more sensitive most of the time is the hidden motive that the consumers are unaware of. That makes it questionable and unethical in a sense. Because of the falsity in content, Gamification of a product or service makes it less authentic and transparent, thereby…
Coca-Cola’s global brand marketing success comes as no gimmick for a brand that has been in existence for over a century. Coke brand is an industry leader and has utilized numerous marketing strategies to sustain its market share within the beverage industry. One of such thriving strategies Coca-Cola has employed to maintain its leadership status…
An organization that genuinely supports a course allows consumers to create a strong affinity and loyalty for their brand. As a consumer, it becomes more imperative for brands to be analyzed not for the profits they stand to make but more of a beacon of hope to their community.When corporations walk the talk, they not…
Non-fungible Tokens, or NFTs, are becoming more popular as investors and collectors try to cash in on the newest blockchain craze — and some of the amounts being paid for them are ridiculous. Throughout 2022, NFTs will continue to increase in popularity, with millions of dollars in art collections being sold as digital jpegs, and…
