More than $400 billion in market value has been wiped from European tech companies since the peak of the 2021 boom, as venture capital deals hit a wall in late summer. The continent’s start-ups enjoyed a funding frenzy in 2021, leading to the creation of more than 100 “unicorns” – tech start-ups valued at over …
European tech groups lose $400 billion in value following funding crisis Read More »
The words Black Friday used to conjure up images of frantic shoppers rushing to shops and online stores to grab as many bargains as possible. This year it’s likely to be a more low-key affair, with non-essential spending set to drop due to cost-of-living pressures and distractions from the Men’s FIFA World Cup. Britons are …
Black Friday could lose its shine as football and inflation hit online sales Read More »
Srdjanpav | E+ | Getty Images The layoffs at tech giants Twitter and Meta this week affected thousands of people – and they’re just the latest examples of a downsizing trend that was already happening in the industry. The news has shed light on employee rights in mass termination situations. Although downsizing laws vary by …
You’ve been fired – now what? Here are 3 steps to follow if you lose your job Read More »
Agathe Demarais is director of global forecasts at the Economist Intelligence Unit. His new book on the effects of US sanctions, “Backfire”, will be released next week. Russia has turned energy supply into an economic weapon. The strategy is evident in Ukraine, where Russian drones and missiles bomb power plants. But it’s also evident in …
