KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search […]
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Six out of 10 pharma companies are now using or experimenting with blockchain technologies, according to a new study by the not-for-profit Pistoia Alliance. The survey of 170 life science and pharmaceutical professionals found that 60% have active interests in the technology, as compared to just 22% when asked in 2017. However, that left 40% […]
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Despite problems with its new logistics system, which cost H&M an additional $45 million, the retailer saw a positive sales trend during September — the first month of the fourth quarter. In a call with analysts, H&M CEO Karl-Johan Persson said that the glitches would have a cost and sales impact, but Reuters reported that they […]
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Over the last few years, quick-service restaurants (QSRs) have focused on introducing mobile apps and designated pickup lines that help busy customers get in, get their meals and get out — ASAP. However, not all customers want to eat in the car, at home or in the office cafeteria. Some QSRs are enabling mobile order-ahead […]
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What’s old is always new again, and what’s new is often so very old. That’s not just the pseudo-intellectual basis of some booze-fueled, impromptu seminar held in a dorm room on Tuesday night because the internet went down. It’s an anchoring principle of modern economics, retail, marketing and culture. For the latest proof, just look […]
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With the value of lumens (XLM) declining since its peak at the end of April at around 45 cents, to its current value of just over 22 cents per XLM, Stellar has engaged in talks with Chain about acquiring the blockchain startup for a potential sale price of $500 million worth of lumens. According to […]
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