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Spotify Launches in Roblox, Their First Step into the Metaverse

Spotify is developing a virtual presence on Roblox, a popular children’s game site, marking their entry into the Metaverse. The company claims to be the first music-streaming brand to have a presence on Roblox, cementing its position in the Metaverse, among the younger generation of consumers, gamers, and music lovers. The launch of ‘Spotify Island’, […]

SoftBank Seen Posting Bruising Vision Fund Loss on Tech Sell-Off

Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential. With the technology investor poised to post full-year earnings, comments from founder and Chief Executive Masayoshi Son […]

European Stocks Hit 2-Month Lows on Mining, Tech Losses

European shares hit two-month lows on Monday, led by miners as investors fretted over a sharp economic slowdown in China due to prolonged COVID-19 curbs, while surging bond yields kept technology stocks under pressure. The pan-European STOXX 600 index dropped 1.2 percent to touch its lowest since March 10. Miners fell 2.8 percent as Chinese […]

The 4th Industrial Revolution and its Effect on Employment

The prospect of being replaced by robots or AI has long lived in the collective human psyche. From science fiction novels to economic influencers and doomers, they all see some future where humans must contend with mass automation and job loss brought by the 4th industrial revolution and its effect on employment. While arguments about […]

SpaceX Capsule Splashes Down, Bringing 4 Astronauts Home From 6-Month Mission

The third long-duration astronaut team launched by SpaceX to the International Space Station (ISS) safely returned to Earth early on Friday, splashing down in the Gulf of Mexico off Florida to end months of orbital research ranging from space-grown chilies to robots. The SpaceX Crew Dragon capsule dubbed Endurance, carrying three U.S. NASA astronauts and […]

Warburg Pincus Names SAP Executive Khan Senior Tech Adviser

U.S. investment firm Warburg Pincus has appointed an executive of Germany’s SAP as a senior adviser to its technology group as it turns to industry leaders to source new investments and boost the value of existing portfolio companies. Irfan Khan, who is in charge of SAP’s data management and analytics portfolio as president of its […]