The hotel business is still popular with entrepreneurs. Hotels in resort areas are especially attractive and successful. We hope that soon all industries will recover after the pandemic, and more new hotels of different categories will start opening. But for now, let’s quickly look through the main points that must be completed before opening your…
Accounting firms are restricting corporations from holding the cryptocurrency as assets even as they give free rein to venture capital firms — such as SoftBank Group Corp. — to invest in equally risky and volatile unicorns. MicroStrategy Inc. and Elon Musk’s Tesla Inc. own Bitcoin but they are exceptions. One survey found that only 5…
Cash is still king, for now. A 101.38-carat diamond was sold by Sotheby’s for HK$95.1 million ($12.3 million) to an unknown buyer using traditional currency, disappointing cryptocurrency fans who had hoped the offering by Sotheby’s would mark another milestone in mainstream acceptance of digital assets. Prior to Friday’s sale, the international auction house said it…
Cyberattacks using ransomware are increasing in frequency, and ransom payments made to the hackers are swelling as well. Cryptocurrency and the exchanges where digital currency can be traded anonymously have emerged as key tools for the cyber extortionists. The vast sums being paid by corporations to regain control of their computers would have been near-impossible…
Applying for a business loan and getting it approved is a lifeline that has transformed several businesses. But not every business loan gets approved. Before closing the loan or financing application, it is worth paying attention to these four questions: Avoid hasty decisions: Don’t close a loan application on the spot, without planning and without…
If you’re a big fan of HGTV, you’ve probably seen shows where people invest in damaged properties, make improvements and renovations, and then sell them at a decent profit. You may also know someone who makes living flipping collectibles, furniture, and other dilapidated products. What if you did the same with something that didn’t take…
The original source code for the World Wide Web sold at Sotheby’s on Wednesday for $5.4 million, up from a starting bid of just $1,000. The code was sold by Tim Berners-Lee, a computer scientist credited with writing the source code that forms the basis of the World Wide Web Berners-Lee consigned the code for…
Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions after banks and payment gateways started cutting ties with them, six industry insiders said. The exchanges are struggling to cope after the central bank, the Reserve Bank of India (RBI), which has said it does not favour digital currencies, out…
Trying to ensure your own financial security by successfully managing your finances can sometimes feel like a daunting, overwhelming task. It can take years to build a good credit history and yet all it takes is one missed payment to see that number come crashing down. Armed with the right information, however, you can…
Sam Altman has a startup that intends to give a special type of cryptocurrency to every person on earth. But first, it wants to scan everybody’s eyeballs. The former head of the Silicon Valley business incubator Y Combinator is one of Worldcoin’s three founders. Among the many parts of its plan, Worldcoin has designed an…
