Investing and Global Finance News

Tag Archives: investment

Flying Taxis on the Horizon

While flying taxis may seem like the wave of the far off future, the F.A.A recently published a report delineating a plan for an air taxi market by 2028. Though there are many obstacles to overcome in order to create a market for air taxis, the FAA is confident about their 2028 start date.

Air taxis will feature small planes or helicopters that can take off and land vertically, enabling them to pick up passengers from the middle of a city and take them to a vacation spot. The F.A.A intends to oversee this new technology so that safety regulations are followed.

This ambitious project does face some challenges. It requires the involvement of federal agencies besides the F.A.A, as well as state and local governments. Aircrafts must be certified by the F.A.A, with the F.A.A clearly stating that the 2028 goal will not compromise safety. Most of the air taxis will be electric, and limited battery life means that distance is limited, as well.

Despite these concerns, investors seem eager to fund air taxi companies. These companies are also teaming up with automakers and airlines to manufacture air taxis.

This futuristic phenomenon may very well be our reality in the next half-decade!

BI Trends for 2022

It seems that automation is permeating practically every aspect of our lives. From grocery shopping to banking, communicating to cooking—automation functions and platforms are making every task easier and accessible. And business intelligence (BI) is no exception. Automation is set to be one of the biggest trends in that industry in 2022. Alongside process automation,… Continue Reading

Funding Boost for NY Security Company

The New York City-based, BigID, a privacy and protection technology company, has raised $70 million in Series D funding. Salesforce Ventures and Tiger Global lead the investing this cycle. Longstanding supporters of BigID, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures put forth additional funding. Series A funding in January 2018 yielded $14 million… Continue Reading

Warren Buffett’s Berkshire Hathaway Becomes Bank of America’s Largest Shareholder

Warren Buffett has bought 700 million shares of Bank of America at a significantly reduced price, gaining more than $11 billion. The move comes after his $5 billion investment in 2011 when the bank was floundering, which left him with the option to purchase discounted shares by 2021. “I am impressed with the profit-generating abilities… Continue Reading

ETF-Managed Portfolios Gain Momentum

Customized managed portfolio strategies involving low-cost exchange traded funds (ETFs) are continuing to attract advisors and investors in 2014. A recent report from Morningstar revealed that ETF-managed portfolios saw a 40% increase in assets last year, reaching $96 billion. Other strategies with more than half of their assets in ETFs had similar results. ETFtrends.com explains… Continue Reading

Warren Buffet’s “Fundamentals of Investing”

Investment tycoon Warren Buffet recently shared an exclusive clip from his letter to Berkshire Hathaway shareholders, in which he lists the “fundamentals of investing”. Fortune Magazine shared Buffet’s points with the following bullets: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your… Continue Reading

Have an Idea? Just Do It!

Nick D’Aloisio, a 17-year-old London schoolboy recently sold his smartphone news app to Yahoo! for $30 million. He advises anyone with a tech idea to just do it, explaining that the money is there, “just waiting for clever new moves.” “If you have a good idea, or you think there’s a gap in the market,… Continue Reading