For the first time, machine learning now enables researchers to rank the most important factors that predict future affluence – and the outcome might surprise you. Education and occupation were […]
Duncan Stewart, director of research at Deloitte Canada, last month noted Google Analytics data showing that almost all – 96.7 per cent – of the visitors to the bitcoin-related Coin Dance website are male. While an unscientific way of measuring the matter, the Coin Dance figures are “backed up by other surveys, attendance at conferences, and my own interviews with millennial investors in North America and Europe,” commented Stewart. “I have been to multiple bitcoin and cryptocurrency conferences, and they have all been around 95 per cent male.”
More than 80 per cent of the all the wealth generated globally last year flowed into the coffers of the richest one per cent of the population, a new Oxfam report has revealed.
The research, published on Monday, also shows that the 3.7 billion individuals who make up the poorest half of the global population saw their wealth flatline in 2017 – something that the group of charities describes as “unacceptable and unsustainable”.
Business interruption (BI) is the most important global risk for the sixth year running, according to the Allianz Risk Barometer 2018. As the risk landscape develops, companies now face an increasing number of scenarios ranging from traditional exposures like water, fire and supply chain disruption, to new intangible risks related to cyber in the ever-digitizing world.
Researchers found that a single actor was “likely” behind several accounts that bought millions of dollars worth of bitcoin and drove the exchange rate in the US from $150 to $1,000 over the course of two months.
In a paper published in a recent issue of the Journal of Monetary Economics, a team of researchers examined the impact of fraudulent activity that occurred on the leading bitcoin currency exchange in 2013, and found that a single actor was “likely” behind a massive spike in exchange rates.
Over the past decade, hordes of innocent people have bought the idea that the third Monday of January is the most depressing day of the year, despite there being no scientific evidence to support it. While originally conceived by a PR company, mental health professionals have despaired. That’s because, to many people, the Monday blues is a reality.
Excessive use of smartphones creates an imbalance in the brain chemistry of teenagers and young adults, according to a study. A recent Pew Research Center study found that 46% of Americans said that they cannot live without their smartphones, Science Daily reports. More and more people are becoming dependent on their smartphones and other gadgets for information, news, communication, games and such.
The world’s 1,000 most innovative companies increased their R&D spending by 3.2 percent in 2017, pushing it to an all-time high of $702 billion (€597 billion), according to the Global Innovation 1000 survey published by consultancy PwC on Tuesday.
The figure marked a resumption of meaningful growth in innovation spending following flat results in 2016, and means the global private-sector spending is now 2.7 times as high as it was in 1999 – the first year for which PwC assembled data.
The rise in R&D spending came despite a 2.5 percent decline in revenue for those 1,000 companies surveyed by PwC. As a result, the combination of overall spending growth and lower revenues led to a record-high R&D intensity rate of 4.5 percent.
