Investing and Global Finance News

Where is Social Media Trending?

The New York Times reports that social media is trending in a new direction. While originally emerging as platforms to keep up with old and new friends through sharing photos and life updates, now these same sites are riddled with ads and sponsored posts. There has been a shift from connecting individuals to connecting individuals to brands. Twitter, for example, started pushing people and brands to pay a subscription fee ($8 for individuals; $1000 for businesses).

Ellis Hamburger, former Snapchat employee, corroborates the decline of social media, claiming it is the same as MySpace and AIM. He points to the dual loyalty of these platforms to both users and investors, each of whom have competing needs. Zizi Papacharissi, a communications professor at the University of Illinois-Chicago, adds: “Platforms as we knew them are over. They have outlived their utility.”

It will be interesting to track the newest options. People are joining various smaller social media platforms, such as Mastodon and Nextdoor. This is a logical phenomenon, according to professor of public policy at the University of Massachusetts Amherst, Ethan Zuckerman: “It’s not about choosing one network to rule them all…the future is that you’re a member of dozens of different communities, because as human beings, that’s how we are.”

80 Years since first double-blind clinical trial; Spotlight on leading Texas-based Ventavia Research Group

Clinical trials have been part of medicine since 1747, when Dr. James Lind began researching a treatment for scurvy. This year, 2023, commemorates the first double-blind clinical trial, which took place in the UK in 1943 in an effort to find treatment for the common cold. In this trial, neither the treating doctor not the… Continue Reading

Businesses Adopting Sustainability Model in 2023

A recent report from Aflac shows that 77% of 2023 consumers are more willing to buy from a company with a Corporate Social Responsibility (CSR) pledge. In 2023, businesses are incorporating sustainability into their models. Adopting a sustainable approach, though, may require large overhauls to the company’s operations. Top organizations are recognizing the importance of… Continue Reading

CoinCorner Partners with Bitnob, Pouch, Enabling Cross-border Transfer of Funds

CoinCorner has recently announced two new partnerships: Bitnob and Pouch. Their partnership with Bitnob enables users in the UK and Europe to transfer funds, either starting with British pound (GBP) or Euro (EUR) to Nigeria, Kenya and Ghana instantly and for free. CoinCorner’s partnership with Pouch enables users to transfer funds, either of GBP or… Continue Reading

Food & Drink Looking Good for 2023

A recent study by Marcum LLP indicates that over two-thirds of executives in the food and beverage industry maintain a positive outlook for 2023. Executives in food manufacturers, eateries, distributors, retailers, and agriculturists were asked about the various issues facing their work and businesses. With close to 70% of respondents pointing to an increase in… Continue Reading

Moxion Power Batteries are on Set

Close to half of the carbon emissions of any movie are produced by the fuel used to power generators and transportation needs, according to the Sustainable Production Alliance. That is why movie sets are going green with cleaner energy batteries. Moxion Power technologies are replacing diesel generators on sets film and TV sets for creators… Continue Reading

Neil Cole on the Difference Between Brand and Label

Neil Cole transformed the business world for more than four decades. As a trailblazing branding executive, he revolutionized the licensing industry and reconceptualized how retail and brands target an audience. As part of his branding innovation, Neil Cole founded Iconix, a company specializing in brand management with licensing rights to top names in fashion and… Continue Reading

Digital Markets Act is E.U.’s Attempt to Limit Big Tech

Digital Markets Act is E.U.’s Attempt to Limit Big Tech

The Digital Markets Act is the European Union’s most far-reaching piece of legislation since it passed its strict privacy laws in 2018. The law tackles the power of the leading tech companies and redefines the way app stores, digital marketing, online retail, and messaging platforms operate. The legislation is designed to stop the biggest tech… Continue Reading