Blockchain Algorithms To Release Another £10 Million Bond For 2021

Martin Lewis Gives The Thumbs Up On The Blockchain Algorithms Bond

Blockchain Algorithms To Another £15 Million Bond After A Hugh Influx Of Clients Invest Over £22 Million in 2020…

Blockchain Algorithms allow their clients to experience a low risk, high reward scenario which means this is one of the safest alternative investments going into a testing time for the United Kingdom.”

— Martin Lewis (Money Saving Expert)

LONDON, UNITED KINGDOM, August 1, 2021 /EINPresswire.com/ — Blockchain Algorithms originally hit the market in 2016 and issued bonds paying 12 – 20% per year (depending on the amount invested). They have now just released another £10 million bond after a hugh influx of clients invest over £22 million in 2020.

The software based investment company have experienced unprecedented growth over the past 24 months and it shows no sign of slowing down in 2021.

Blockchain Algorithms and their algorithm "Algol442" have produced returns averaging 39% per year over the last decade in the United Kingdom.

In 2019 the company valued the algorithm at £35.1 million.

Blockchain Algorithms allow their clients to experience a low risk, high reward scenario which means this is one of the safest alternative investments going into a testing time for the United Kingdom.

We can also confirm that Blockchain Algorithms is the only company of it's kind to be accepting cryptocurrency in the United Kingdom.

Martin Lewis has given the green light on this bond below…

https://www.einpresswire.com/article/547671655/martin-lewis-announces-best-investments-for-2021

Jamie Blythe
Blockchain Algorithms
email us here


Source: EIN Presswire

Living A Better Story Launches 77Pray – Grow Closer to God

77Pray

Grow Closer to God

Today, Living A Better Story, Inc. announced the launch of 77Pray, a mobile application available on Android or Apple, to help people grow closer to God

In March, a group of 12 gathered… for the first Living A Better Story Intensive. In addition to a lot of transformation that occurred there for all of us… the 77Pray mobile application was born”

— Rich Blakeman

HIGHLANDS RANCH, CO, UNITED STATES, July 31, 2021 /EINPresswire.com/ — Today, Living A Better Story, Inc. announced the launch of 77Pray, a mobile application available on Android or Apple, to help people grow closer to God

77Pray was named after a very popular verse in the bible – Ask, and it shall be given you; seek, and ye. shall find; knock, and it shall be opened unto you, Matthew 7:7. And to learn more about why it was created, visit https://www.77pray.com/why77.

According to Rich Blakeman, Co-Founder of Living A Better Story, "In early March, a group of 12 of us gathered in a small town near Powder Mountain, Utah for the first Living A Better Story Intensive. In addition to a lot of transformation that occurred there for all of us, we helped one of our graduates raise nearly $10,000 to pay off student debt, and the 77Pray mobile application was born."

Since the first Living A Better Story event (www.LivingABetterStory.org), we've had over 50 guests on the Living A Better Story podcast to answer these (and more questions): What was your passion when you were younger? How does that relate to the kind of work you do today? What challenges have you faced in life (that you are comfortable sharing on the podcast), and how did they become a gift later in life? What role does faith play in your journey?

About 77Pray: 77Pray was purpose built to help you grow closer to God. Have you hit a plateau in life? Do you feel like no matter what you do, you just aren’t where you want to be? Feel like you are not connected to your God given purpose for your life? This program is for you.

Maybe you’ve attended mindset retreats, or read the latest self-help book, or burned your hard-earned cash for courses that promised to teach you the secret to success. Yet, you still fail to make any real progress. Why?

Here’s the real secret. God is the key. If you haven’t been purposeful about creating a relationship with God to talk to him and listen to the casual reply, then what are you waiting for.

About Living A Better Story: Living A Better Story is a 501c3 non-profit purpose built to help it's attendees complete their past and tell the truth about their current reality so that they can live a better story. At Living A Better Story, we have seen over and over again that by creating a relationship with God, and following his purpose for your life, we can indeed live a better story.

Rich Blakeman
Living A Better Story, Inc.
email us here
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Why 77Pray?


Source: EIN Presswire

KLAIM Announces First of Its Kind Financing Solution For Medical Claims in the UAE

First of its Kind Financing Solution For Medical Claims in the UAE

DUBAI, DUBAI, UNITED ARAB EMIRATES, July 31, 2021 /EINPresswire.com/ — KLAIM, a healthcare technology platform dedicated to making medical claim management simple and hassle-free, has just launched its new medical financing solution for the UAE market. Designed specifically for healthcare providers, this is the first-ever solution of its kind in the entire MENA region.

Rejections and delayed payments from insurance companies have always been a grave concern for healthcare providers in the UAE. Payments worth millions of dirhams remain held up and it takes up to six months to be cleared. Naturally, these delays lead to serious disruption in cash flow for healthcare providers. This is where the new financing solution from KLAIM comes in.

KLAIM healthcare receivables purchase is a financial plan that solves cash flow hospitals, clinics, pharmacies and laboratories problems resulting from outstanding insurance receivables. Thanks to advanced Healthcare analytics, the solution introduced by KLAIM allows healthcare providers to receive upfront payments for their claims within 48 hours, without waiting for their insurance companies to pay them. The company has already signed an agreement with Doctors Clinic and Diagnostic Center (DCDC) in Healthcare City to solve their medical claim payment issues and in several advanced discussions since the service was launched at the beginning of July.

“We identified that delay in the payments was a big problem when it comes to billing and payments. Traditionally banks have shied away from financing smaller institutions. We came up with this innovative solution that combines technology and finance for healthcare, to help the provider, especially the smaller ones, to keep the lights on and operate to offer the best service,” said Karim Dakki, Founder and CEO of KLAIM.

KLAIM’s new client Doctor Clinic and Diagnostic Center (DCDC) is a noted healthcare provider delivering world-class patient care and diagnostic services… Like many other healthcare providers in the region, DCDC was in a tight spot because of payment delays by insurance companies. It affected their performance as lots of time was lost following up on payments. A robust solution to this problem was essential for them to focus entirely on providing quality healthcare services.

“Solving this issue of delay in insurance payments will help us concentrate on our medical service; improve our service quality and daily performance of the customer care. At the same time, our staff will be paid on time and we will be able to concentrate more on our main business, which is medical service,” said Dr. Ahmad, the owner of the clinic DCDC.

“There is a big demand for this service in the medical field and it will help many clinics to succeed, survive, and improve at the same time. I'm sure that this will also have a significant positive impact on the entire medical service sector in Dubai,” Dr. Ahmad added.

Vladislav Chernyaev
Klaim
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Visit us on social media:
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Source: EIN Presswire

Cybersecurity Expert Ian Marlow Discusses How Cyber Crimes Increased In 2020 and 2021

Cybersecurity expert Ian Marlow

Cybersecurity expert Ian Marlow

Cybersecurity expert Ian Marlow recently discussed how cyber crimes have increased in the past two years.

The COVID-19 pandemic increased uncertainty about the economy as well as everyday life”

— Ian Marlow

BOCA RATON, FL, FL, USA, July 30, 2021 /EINPresswire.com/ — The COVID-19 pandemic took more people online than ever before. This created new opportunities for many, including cybercriminals. Cybersecurity expert Ian Marlow recently discussed how cyber crimes have increased since the COVID-19 pandemic took hold.

"The COVID-19 pandemic increased uncertainty about the economy as well as everyday life," Ian Marlow said. "The exploitation of this fear, alongside an increased online presence, made circumstances that were ideal for cybercriminals."

Ian Marlow explained numerous types of cyber crimes have increased over the past two years, including phishing, online scams, malicious domains, data harvesting malware, and misinformation. Unfortunately, the fight against cybercriminals has not decreased as the pandemic has begun to subside.
"We will likely see cyber crimes continuing to increase throughout the immediate future," Ian Marlow said. "People are still working from home, which has created a long list of new vulnerabilities. This combined with increased activity by cybercriminals is keeping us in the cybersecurity field on high alert for as long as we can tell."

Marlow stated that the COVID-19 vaccine does not mark an end or decrease in cybercrimes. This is because an entirely new round of phishing related to the vaccine and medical products will likely be created. These attacks are used as ways to steal important personal and company data.

Ian Marlow added that many businesses have seen financial benefits from employees working from home. Many employees are continuing to work remotely or in a hybrid of at-home and at-office work. This substantially increases remote work from inside and outside the corporate network. It also means bringing your own devices, which can bring about other cybersecurity issues.

This means they will likely continue functioning in this format or with several work-at-home days per week. Marlow suggested cybercriminals will continue to develop more ways to attack these work-at-home systems.

"It has been stated that cybercriminals were able to ransom businesses for millions of dollars throughout the pandemic so far," Marlow said. "They're using the same tactics they've used for decades now; phishing, hacking, social engineering, and more."

Marlow concluded that it pays for companies to focus on increasing cybersecurity now and in the coming years. Data breaches during the pandemic averaged $21,659 for a single incident, with 5 percent of incidents reaching $1 million or higher.

"There's no better time than now to hire a cybersecurity expert to ensure your line of defense is up-to-date," Ian Marlow finished. "Invest in educating your workforce and in updated cybersecurity technologies to protect yourself, your employees, and your bottom line.

Caroline Hunter
Web Presence, LLC
email us here


Source: EIN Presswire

Workstations with AMD’s New GPU Engineered by Koi Computers

Koi Computers Servers, Clusters, Workstations

High performance AMD Radeon workstations offered by Koi Computers

We are proud of our AMD integrated workstations and the value they deliver to our clients.”

— Federal Business Development Manager Catherine Ho

CHICAGO, ILL., U.S., July 30, 2021 /EINPresswire.com/ — Koi Computers, one of the leading complete HPC solution providers for government and enterprise, just announced workstations integrated with AMD’s new Radeon W6000 series GPUs.

Koi Computers fully leverages the AMD Radeon W6000 Series GPUs with expertly engineered workstations that are customized to accommodate current and projected client needs. The company is an AMD Elite Partner and also has premier level partnerships with leading manufacturers such as Intel and HP.

Koi Computers Federal Business Development Manager Catherine Ho said, “Our engineering team has been working with AMD for more than two decades and understands the nuances of GPU configuration for maximum performance. We are proud of our AMD integrated workstations and the value they deliver to our clients.”
This latest generation of AMD Radeon PRO W6000 series GPUs is meticulously engineered to deliver a reliable, fluid user experience that cost-effectively unlocks professional creativity and removes limits.

AMD RDNA 2 architecture introduces significant GPU advancements in the form of an enhanced compute unit, new visual pipeline and all new AMD Infinity Cache. The architecture delivers up to 94% faster performance over previous generation GCN architecture. New to the AMD RDNA 2 compute unit is the implementation of a high-performance raytracing acceleration architecture. This specialized hardware handles the intersection of rays directly on the AMD Radeon PRO W6800.

Both the W6800 and W6600 have hardware raytracing, accelerated software multi-tasking and PCIe 4.0 for advanced data transfer speeds. Both GPUs also accommodate certifications for many popular applications The AMD Radeon PRO W6800 features 32GB of high-performance ECC memory, 128 MB of all new AMD Infinity Cache and optimizations for 6 ultra-HD HDR displays. The AMD Radeon PRO W6600 features 8GB GDDR6 Memory and optimization for 4x displays–8K and HDR ready.

To request a quote for workstations integrated with AMD’s Radeon W6000 Series GPUs, contact Koi Computers at 888-LOVE-KOI (888-568-3564); sales@koicomputers.com or fill out the contact form https://koicomputers.com/contact-us/.

Headquartered in Greater Chicago since 1995, Koi Computers has been working with top technology manufacturers to deliver scalable high performance computing and technology solutions that improve efficiency, reliability and speed. The company’s world-class engineering team specializes in building custom IT solutions that accommodate today’s needs and tomorrow’s vision with services that include performance benchmarking and outstanding support. Koi Computers has a strong track record of developing, building and deploying HPC technology for the U.S. Federal Government with satisfactory ratings in CPARS and Past Performance. The company is a Prime Contract Holder of the GSA IT Schedule 70, NASA SEWP V, and NITAAC CIO-CS contracts and the 2nd Generation Information Technology Blanket Purchase Agreement (2GIT BPA). To learn more, call: 888-LOVE-KOI (888-568-3564); email: sales@koicomputers.com or visit https://www.koicomputers.com. For media inquiries, contact Jeanna Van Rensselar at Smart PR Communications; jeanna@smartprcommunications.com 630-363-8081.

Jeanna Van Rensselar
Koi Computers
+1 888-568-3564
email us here
Visit us on social media:
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LinkedIn


Source: EIN Presswire

Leizan Capital analyses Cape Town – The New Home of Fintech Start-ups

Cape Town is home to over hundreds of fintech start-ups

, the Information Communication Technology (ICT) industry in Cape Town

The financial services sector in South Africa

CAPE TOWN, CAPE TOWN, SOUTH AFRICA, July 30, 2021 /EINPresswire.com/ — Cape Town is home to over hundreds of fintech start-ups and is a up and coming fintech hub in South Africa. As we set our sights on global expansion, Leizan Capital, already incorporated in BVI, places Cape Town in one of its top picks as its business grows

Fintech Sector
Africa is a developing continent, with a rapidly expanding population and economy. This encompasses the broader tech community as well as fintech. Developing and upcoming cities in the emerging market, particularly Africa, are beginning to arise and make their presence known. With the highest number of successful Information Technology companies in Africa, Cape Town is an important centre for the industry on the continent.

South African internet users rose from 2.7 million in 2008 to 24.5 million in 2013, representing a 55 percent yearly increase. With 1 500 firms, the Information Communication Technology (ICT) industry in Cape Town is highly developed and serves as a key center within the province. Small and medium-sized innovative firms that provide ICT services such as software development, web development, and consultancy make up the majority of Cape Town's ICT sector.

The City of Cape Town has a strong ICT sector, having spent ZAR544 million in internet infrastructure as part of its broadband infrastructure initiative to date. This includes 789 kilometers of fiber-optic cable placed in the City's own duct network, which has increased the City's bandwidth by almost 3000 times.

With over 40 000 employments (more than double the total of Nairobi and Lagos combined), Cape Town is Africa's most important technological centre. The increasing number of South Africans with access to financial services and the developing middle class, as well as mobile and online banking, are boosting the growth in the finance, and business services industry.

Financial Services Sector
The financial services sector in South Africa is supported by a strong regulatory and legal framework. Both have sophisticated infrastructure and hundreds of local and international entities to support activities. This aids in the provision of a comprehensive set of solutions for a variety of industries. Commercial, retail, and merchant banking, as well as mortgage financing, insurance, investment, and asset management services, are among them. The financial services industry contributes to the growth and transformation of the South African economy by channeling savings into investment and credit.

Furthermore, the government's ambitious reform program has centered on enhancing market behavior, financial inclusion, and transformation, as well as ensuring the safety and soundness of financial institutions. Significant progress has also been made in the fight against financial crime, which will continue into 2020 and beyond to build on the significant success already made in these areas.

Harold Podoski
Leizan Capital
email us here


Source: EIN Presswire

GoodFirms Unveils the Filtered List of Best Legal, Intellectual Property, & Paralegal Law Firms for 2021

Top Law Firms for Legal Services_GoodFirms

Top Law Firms for Legal Services_GoodFirms

GoodFirms

GoodFirms

GoodFirms reveals the specialized law firms in tackling legal, intellectual property, and paralegal issues.

Recognized Law Firms help in dealing with various legal matters and build well-structured and organized processes.”

— GoodFirms Research

WASHINGTON DC, WASHINGTON, UNITED STATES, July 30, 2021 /EINPresswire.com/ — In this era, online presence has given businesses new opportunities to collaborate globally in trading the products and services simultaneously; it has also given rise to new legal issues. Apart from this, several legal procedures and policies need to be done between two parties, two different countries that sometimes create legal problems. Therefore, businesses are taking the assistance of law firms to help them address the legal issues and solve them.

Presently, various industries seek reliable partners to take the responsibility of contracts and enforceability of agreements made and carried out locally, across borders, and digitally. Thus, to make it effortless for the service seekers, GoodFirms unveiled the list of Top Law Firms for Legal Services globally known for having the ability to tackle legal issues.

List of Top Legal Service Companies at GoodFirms:

RAALC Law Firm
Nadi Law
Lim Chambers
Law Firms SEO
Attorney Marketing Network
Blue Ocean Global Technology
Edward Palermo
Fotis International Law Firm
Arash Law
Kolinsky Law

Legal law firms help businesses to simplify the legal requisites for various contracts. The legal issue law firms integrate into developing, exploring, and explaining strategies, theories, and outcomes; and keeping clients better informed at every stage of the legal process. Here at GoodFirms, businesses and individuals can also connect with Best Intellectual Property Law Firms. They help their clients to claim exclusive rights and financial gain from what they invent or create.

List of Top Intellectual Property Lawyers at GoodFirms:

BBNC
Banner & Witcoff
Bowmans
Hamilton Harrison & Mathews
Kaplan & Stratton Advocates
Ameli Inyangu & Partners Advocates – AIP
Norton Rose Fulbright
Daly & Inamdar Advocates
The Marasco Law Firm
Procopio, Cory, Hargreaves & Savitch LLP

Globally recognized GoodFirms is a maverick B2B research, ratings, and reviews platform. It assists the service seekers to associate with the right service providers. The analyst team of GoodFirms performs a profound assessment following research methodology.

It includes three main key factors that are Quality, Reliability, and Ability. Further, these elements are subdivided into numerous metrics such as past and present portfolio, years of experience in the domain area, online penetration, and client reviews.

Focusing on overall research measures, GoodFirms provides a set of scores that is out of a total of 60 to each firm. Hence, considering these points, all the agencies are listed in the catalog of top development companies, best software, and other organizations from diverse sectors of fields. Recently, GoodFirms has also curated a list of Top Firms for Paralegal Services indexed after evaluating on several qualitative and quantitative factors.

List of Top Paralegal Lawyers at GoodFirms:

Folkman Law Offices, P.C.
Saif AI Shamsi Advocates & Legal Consultants
Integreon
DiscoveryReady
UnitedLex
Clairvolex
VeeLPO
KLexServe
Datascribe LPO
Sky Law Group

Additionally, GoodFirms encourages service providers to take part in the research and show the evidence of work. Thus grab the opportunity to get listed for free in the list of top companies as per the proficiency area. Obtaining a position at GoodFirms among the list of best firms will help to be more visible globally, attract new prospects, increase productivity, and earn good profit.

About GoodFirms:

GoodFirms is a Washington, D.C.-based research firm that aligns its efforts in identifying the most prominent and efficient law firms for legal services that deliver results to their clients. GoodFirms research is a confluence of new age consumer reference processes and conventional industry-wide review & rankings that help service seekers leap further and multiply their industry-wide value and credibility.

Get Listed with GoodFirms.

Rachael Ray
GoodFirms
+13603262243
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Visit us on social media:
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Source: EIN Presswire

CIT and VISA Developing Playbook to Advance Unmanned Systems Technology In Hampton Road & Eastern Shore

Aerial Perspective of the Summit meeting of 150 Hampton Roads UxS Leaders and Innovators.

Deputy Secretary of Public Safety and Homeland Security, Shawn Talmadge, Tracy Tynan, Director of the Virginia Unmanned Systems Center at CIT and Dr. David Bowles, Executive Director of The Virginia Institute for Spaceflight and Autonomy (VISA) welcome UxS Innovators.

VISA is a research enterprise of the Virginia Modeling, Analysis, and Simulation Center (VMASC) at Old Dominion University in Norfolk.

VISA is a research enterprise of the Virginia Modeling, Analysis, and Simulation Center (VMASC) at Old Dominion University in Norfolk.

CIT and VISA Begin Development of an Unmanned Systems Playbook For Hampton Roads and Eastern Shore to meet growing customer demand for innovative UXS solutions.

NORFOLK, VIRGINIA, USA, July 30, 2021 /EINPresswire.com/ — The Virginia Institute for Space Flight & Autonomy (VISA) and Virginia’s Center for Innovative Technology (CIT) have launched a program to develop a Hampton Roads-Eastern Shore Unmanned Systems (UxS) Strategic Playbook to focus on the continued development and expansion of unmanned ground, aerial, maritime, and space technologies.

The announcement of the playbook and search for UxS solutions began with the Unmanned Systems UxS Industry Engagement Summit on July 28 at Half Moone Cruise & Celebration Center at Nauticus. The event, attended by more than 150 Hampton Roads innovation leaders, presented challenges identified by public safety leadership during an intensive maritime safety workshop held a few weeks ago. Those challenges were presented at the Summit to industry representatives to initiate creative solutions and problem-solving options that utilized autonomous technologies for faster, safer, and more cost-effective emergency response.

The workshop was conducted with support from the Office of the Virginia Secretary of Public Safety and Homeland Security. The participants, which included the U.S. Coast Guard, the Virginia Port Authority, the Center for Naval Analysis, and local public safety agencies, evaluated new autonomous technologies and determined their potential impact and effectiveness at maritime ports. It also included a several mock challenges to focus engagement with industry on specific real-world scenarios using autonomous technology for better, faster, cleaner, and more efficient emergency responses.

VISA is a research enterprise of the Virginia Modeling, Analysis, and Simulation Center (VMASC) at Old Dominion University in Norfolk. As the nonprofit operations arm of the Virginia Innovation Partnership Authority (VIPA), CIT is the primary source for information, grants, partnerships, and seed funding for UxS in the Commonwealth. Through a memorandum of understanding, VISA will initiate and implement pilot programs in Hampton Roads and the Eastern Shore to support CIT’s UxS strategic plan to grow the industry across Virginia.

“VISA and CIT will work together to identify promising business opportunities for innovators of unmanned technology in Hampton Roads and the Eastern Shore,” said Tracy Tynan, director of the Virginia Unmanned Systems Center at CIT. “By working with VISA, we will capitalize on the strengths of the region to build on the Commonwealth’s industry leadership to encourage customer demand.”

In addition, CIT is creating the Virginia Public Safety Innovation Center (VPSIC), which will be led by Chris Sadler, the deputy chief/deputy director of York County Fire and Life Safety. The VPSIC will test emerging technologies and their ability to aid and benefit first responders and the communities they serve. It will help ensure public safety agencies across the Commonwealth have access to the latest technology to support their missions.

“The agreement between VISA and CIT is another positive step forward for the growth and development of unmanned systems technologies and opportunities in Virginia,” said David Bowles, the executive director of VISA. “The ongoing development of the UxS Strategic Playbook for Hampton Roads and the Eastern Shore will help pilot projects and initiatives move from discussion to opportunity as region’s needs and challenges are identified.”

The VISA and CIT executives say there are numerous existing resources to build the UxS industry in the region, including a long coastline with access to open water, world-class rocket launch facilities, federal defense and civilian government installations for research and development, advanced manufacturing centers, and a highly skilled workforce.

About VISA: The Virginia Institute for Spaceflight and Autonomy (VISA) is chartered to grow the entrepreneurial ecosystems for space flight and autonomy. The Institute will be the hub to leverage Virginia’s world-class assets in space launch, autonomous systems, modeling and simulation and data science to solve real-world problems. Through industry, academic, and governmental agency partnerships, our vision is to create an environment of research, technology, commercialization, and educational opportunities to grow the spaceflight and autonomous systems industry.

About CIT: 
As part of the new Virginia Innovation Partnership Authority (VIPA), CIT, the Virginia Center for Innovative Technology, accelerates next-generation technologies and technology companies through commercialization, capital formation, and market development initiatives. The Virginia Unmanned Systems Center at CIT focuses on engaging and connecting emerging UxS technology companies with opportunities to innovate in all domains: land, air, sea, and space. www.CIT.org

Tracy Tynan
Director, Virginia Unmanned Systems Center at CIT
Tracy.Tynan@CIT.org


Source: EIN Presswire

Blockchain Algorithms Report Record-Breaking Profits

Pandemic Fuels Huge Quarterly Trading and Profit Market Gains

itive storm’ for big tech as pandemic fuels huge quarterly sales and stock market gains

Blockchain Algorithms have reported record-breaking quarterly profits on Tuesday night as the firm continue to benefit from a pandemic that has created a “perfect storm” for big sports traders…”

— Jasper Jolly

LONDON, UNITED KINGDOM, July 30, 2021 /EINPresswire.com/ — Blockchain Algorithms have reported record-breaking quarterly profits on Tuesday night as the firm continue to benefit from a pandemic that has created a “perfect positive storm” for big sports traders…

Blockchain Algorithms made a £12m profit for the three-month period that ended in June, its best fiscal third quarter in its 6-year history, boosted by strong trading at Euro 2020.

The software based investment company have experienced unprecedented growth over the past 12 months and it shows no sign of slowing down in 2021.

Blockchain Algorithms have slowly been gaining market share in the alternative investment market due to their patented trading algorithms that have allowed clients to benefit from sporting events around the world since 2015.

Blockchain Algorithms are only going to become bigger due to the huge news out of the US last year as the Supreme Court ruled that the Professional and Amateur Sports Protection Act (PASPA) is unconstitutional, changing the future of sports betting in the United States. Before this ruling it was illegal to gamble in the United States except in certain states and cities such as Las Vegas and Atlantic City.

USA Markets

The results come after Tesla reported a record profit on Monday in one of the busiest ever weeks for quarterly earnings results. The big tech blowout earnings continue with Facebook on Wednesday and Amazon on Thursday.

Collectively, the market value of Google, Amazon, Apple, Microsoft and Facebook is now worth more than a third of the entire S&P 500 index of America’s 500 largest traded companies, as their share prices have soared during the pandemic.

Thomas Philippon, an economist and professor of finance at New York University, said big tech firms have been the biggest economic winners from the pandemic as global lockdowns have pushed more businesses and consumers to use their services.

US-LIFESTYLE-IT-CES<br>Attendees play on the Google slide, January 8, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. (Photo by Robyn Beck / AFP) (Photo by ROBYN BECK/AFP via Getty Images)
$1tn is just the start: why tech giants could double their market valuations
Read more
“They were already on the rise and had been for the best part of a decade, and the pandemic was unique,” Philippon said. “For them it was a perfect positive storm.”

Analysts at Morgan Stanley reckon Alphabet is on course to achieve full-year net income of $65bn, a 59% increase on 2020. Its annual sales are, the bank reckons, on track for $243bn – a $60bn increase on last year.

Alphabet’s shares have risen by 75% in the past year to a record $2,670, but analysts predict they could climb higher still despite regulators around the world threatening to curb its dominance of the internet search market. Morgan Stanley said the stock could reach as high as $3,060, and even under a worse case scenario is unlikely to fall below $1,800.

“Google websites growth is likely to rebound in ’21 as we believe there are several underappreciated products driven by mobile search, strong YouTube contribution, and continued innovation, such as Maps monetisation,” Nowak said in a note to clients.

Apple has been making so much money that over the past eight years it has bought back $421bn worth of shares, but it still has about $80bn of cash sitting on its balance sheet.

When Microsoft reported a 31% rise in profits at its last quarterly results, its chief executive, Satya Nadella, said it was “just the beginning” as the shift to digital technology was “accelerating” fast.

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The share price rise of the big tech firms has made billions for their super-rich founders and early investors. Forbes magazine calculated recently that there are now 365 billionaires who made their fortunes in technology, compared with 241 before the pandemic.

Collectively, the world’s tech billionaires hold personal fortunes of $2.5tn, up 80% on $1.4tn in March 2020. Amazon’s founder and chief executive, Jeff Bezos, remains the world’s richest person with an estimated $212bn fortune, and is closely followed in the league table of the wealthy by Tesla co-founder Elon Musk with $180bn, Microsoft co-founder Bill Gates with $151bn, and Facebook’s Mark Zuckerberg with about $138bn.

Zuckerberg believes the internet will take on an even bigger role in people’s day-to-day lives in the future, and instead of interacting with it via mobile phones people will be immersed via virtual reality headsets.

He said Facebook would transition from a social media platform to a “metaverse company”, where people can work, play and communicate in a virtual environment. Zuckerberg said it would be “an embodied internet where instead of just viewing content – you are in it”.

Jasper Jolly
The Guardian
+44 20 3353 2000
email us here


Source: EIN Presswire

Staff Offshore Outsourcing is Booming Post-pandemic

People are realizing that offshore staffing can save 70% on staffing costs whilst at the same time providing easy access to highly skilled staff.”

— Derek Gallimore

MANILA, PHILIPPINES, July 30, 2021 /EINPresswire.com/ — A recent report from Outsource Accelerator showed that businesses were increasingly turning to staff outsourcing as they emerge from the pandemic.

The outsourcing marketplace generated 639 inbound inquiries from Western businesses in June, with quotation requests representing 1,935 full-time roles. The market value of these contracts was estimated at $58,050,000. The requests came from businesses across 29 different sectors as diverse as finance, property and healthcare and originated from 49 countries.

The Outsource Accelerator June Performance Report showed that inquiries for the month were slightly higher (2.5%) than the inquiry numbers in May 2021 and 602% higher than the inquiries compared to one year earlier.

Over the last 12 months, Outsource Accelerator generated outsourcing requests from 3,600 businesses across the globe, representing 8,681 full-time roles and over $260m of enterprise value.

The popular online marketplace for outsourcing services generated 61,309 unique visitors and 192,903 page views in June and 1.34m page views over the last 12 months. The website generated 250% more page views in June 2021 compared to June the previous year.

“The outsourcing sector is booming right now. The pandemic has caused businesses to seek out operational efficiencies and cost savings and to reconsider employment norms”, commented Derek Gallimore, Outsource Accelerator’s CEO. “Equally, the pandemic has shown businesses that remote work is a viable alternative to localised office-based employment. As a result, people are realizing that offshore staffing can save 70% on staffing costs whilst at the same time providing easy access to highly skilled staff,” continued Gallimore.

The outsourcing industry is known to be a countercyclical sector and generally sees spikes in demand during economic downturns and recessions. It is thought that the acceptance of remote-work and the continued digitisation of the modern workplace is also contributing to the growing shift towards offshore staffing and a more globalised workforce.

ABOUT OUTSOURCE ACCELERATOR

The Outsource Accelerator platform is the world's leading marketplace and advisory for Business Process Outsourcing (BPO), offshore staffing, remote and global employment. Outsource Accelerator helps businesses explore, build and operate offshore and remote teams.

Ynah Edillor
Outsource Accelerator
email us here


Source: EIN Presswire