The business community has broken down many barriers by supporting each other to manage the practical and financial issues which have arisen from the coronavirus. However despite best efforts to continue to provide goods and services in the usual timeframes, circumstances such as staff absences due to the virus, combined with supply chain and logistical […]
Archives for May 2020
ETtech Top 5: Unacademy’s latest WFH rules, 27 million jobs lost & more
Happy Wednesday! A day after Jack Dorsey, co-founder of microblogging site Twitter, said that all employees of the San Francisco-based firm have been given the option to work remotely forever, Indian edtech startup Unacademy followed suit. WFH forever Facebook-backed Unacademy said that 60% of its entire workforce will be working from home on a permanent […]
Unacademy says 60% staff will work from home forever
Educational technology startup Unacademy has said that 60% of its 1,000-strong workforce will work from home permanently even after the ongoing nationwide lockdown is lifted. The development, a clear stance in favour of the remote working model, comes a day after Jack Dorsey, the cofounder of microblogging platform Twitter, said all employees at the San […]
tHe sToCk MarKeT is iGnorInG tHe rEaL EcONomY
Or…and hear me out…the stock market is doing its best to reflect the “real” economy. The real economy, however, has moved online. Companies that dominate online business also dominate the stock market’s capitalization. This is what the real economy currently looks like now, via Bank of America Merrill Lynch’s credit and debit card spending data: […]
SirionLabs raises $44M funding led by Tiger Global & Avatar Growth Capital
Illustration: Rahul Awasthi SirionLabs, an enterprise software-as-a-service provider, has raised $44 million in fresh funding led by Tiger Global and Avatar Growth Capital, in a deal estimated to value the Gurugram-based company at more than $220 million. The investment marks New York-based Tiger Global’s continued bullishness in India’s fast-growing software products sector. It also comes […]
7 in 10 see share price falls as investment opportunity
The fall in the FTSE 100 since the Coronavirus outbreak is a ‘strong investment opportunity’, according to many investors. Some 70% of investors believe that the falls in the FTSE this year represent a buying opportunity and about 21% of investors ‘strongly believe’ this to be true because many stocks are “hugely undervalued.” A new […]
Using Behavioral Finance Principles To Behaviorally Coach Clients To Make Better Decisions
Executive Summary The study of behavioral finance has significantly enhanced our understanding of real-world financial behaviors, and (in the process) has given advisors insight into the underlying behavioral biases that cause clients to make not-always-rational decisions. Yet while examining the irrational behavior of individuals in the context of personal finance, behavioral finance focuses mainly on […]
LinkedIn integrates Events, Live tools to help brands host virtual events
Microsoft-owned professional network LinkedIn on Wednesday announced a tighter integration between LinkedIn Live and LinkedIn Events to help companies host live events as well as manage their online communities in real time. LinkedIn launched LinkedIn Events across the world in October last year and enabled companies to create an event via their LinkedIn Pages in […]
Uber approaches Grubhub with acquisition offer: Sources
Uber is in negotiations to buy online food delivery company Grubhub in an all-stock deal, according to people familiar with the matter. A merger could give Uber Eats‘ money-losing restaurant delivery service a leg up on market leader DoorDash at a time when the coronavirus pandemic has upended Uber’s core business of shuttling people from […]
Twitter to allow employees work from home forever
Twitter said on Tuesday it is unlikely to open its offices before September, and that many of its employees will be permitted to work from home permanently even after the end of the coronavirus lockdowns. The San Francisco-based company said it was among the first to move to telework in March as a result of […]