Data & financial journalist covering global economics and policy
It takes approximately 40 minutes for 82,944 processors on the world’s fastest computer to compute what one percent of our brain calculates in a second. Despite this lag, AI has more promising solutions than humans when it comes to addressing the issue of climate change. Climate change is a serious issue that needs immediate attention across the…
In 2006, marketing commentator Michael Palmer had blogged, “Data is just like crude. It’s valuable, but if unrefined it cannot really be used.” After nine years, the statement still holds true across any industry that depends on large volumes of data. It is true that until and unless, data is not broken down into pieces…
At the Mobile World Congress, Mastercard recently announced that it was teaming up with Facebook to provide small businesses in Africa and Asia with an affordable and simple on-ramp for accepting mobile payments. The partnership will help unbanked retailers and merchants in the regions open bank accounts through Facebook Messenger. At the launch, Kahina Van Dyke, director…
When Starbucks (SBUX) announced the closure of all of its 379 Teavana stores by the spring of 2018, it came as a warning signal to many analysts. But for long-term investors, Starbucks future growth prospects could look more promising. Acquired in 2012 for $620 million, Teavana stores are set to close due to declining foot…