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Finance

UK’s government investment fund largely backed ‘zombie businesses’

The UK government’s Covid-19 venture capital fund has been mostly invested in what one director overseeing the portfolio called “zombie businesses”, leaving it with “a significant tail of dormant companies”, according to documents seen by the Financial Times. The Future Fund, a £1.1bn portfolio set up by then-chancellor Rishi Sunak and managed by the state-owned […]

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Technology

More Businesses Are Moving to Multi-Cloud. Should Yours?

Opinions expressed by Entrepreneur contributors are their own. It has been nearly two decades since the cloud was born and even less since cloud computing began to shape our businesses and daily lives. Cloud developments have advanced rapidly and for many companies, computing on a single cloud platform no longer offers enough value or agility. […]

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US

Despite NFT Market Downturn, Businesses Continue To Hire For Web3 Roles – NFTgators

Quick take: Ticketmaster is expanding into NFT ticketing while NHL is looking for NFT & blockchain lead. Blockchain.com, Ternoa, Immutable, OKX, and Binance are actively recruiting. Nike, Hugo Boss, and Samsung UK are looking to fill gaming partnership and metaverse marketing manager roles. While metaverse jobs are on the decline as hiring slows at Facebook […]

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Technology

Why Businesses are Making More Long-Term IoT Investments

The march toward Industry 4.0 continues, and it seems businesses are more comfortable with their role in this transformation than ever before. Increasingly utilizing IoT as part of their business plans, new research from Information Services Group (ISG) found that companies are not only rapidly revamping their IoT plans, but they’re “growing more ambitious” with […]

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UK

Rishi Sunak’s Covid loans scheme blasted as several businesses fail to pay back

When it was announced in the first days of the coronavirus pandemic in March 2020, then-Chancellor Rishi Sunak described the furlough scheme as “as one of the most significant economic interventions at any point in the history of the British state and by any government anywhere in the world”. The accusations come at the time […]

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Science

Senator Scott secures big wins for Florida’s environment and businesses

The U.S. Senate overwhelmingly passed the “Water Resources Development Act” (WRDA) last week, and Florida Senator Rick Scott said it will boost the Sunshine State. The biannual WRDA sets the nationwide strategy and funding for U.S. Army Corps of Engineers civilian projects. Senator Rick Scott said: “The Water Resources Development Act is the product of years of fighting, both as […]

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Technology

How cloud computing is transforming the landscape of small businesses? | HostReview.com

It is vital for companies to be on top of the latest trends in business and technology. One key development that’s changed business operations over the past decade is cloud computing. This article will discuss just what cloud computing is, as well as how it has benefited businesses of all shapes and sizes. Business success […]

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UK

New owners of old Tubbs factory in Norway envision hub for artists and small businesses

F.W. Tubbs & Co. factory in Norway is getting a make-over to serve artists, crafters and small businesses. Submitted photo NORWAY — Darkened and neglected for years, a relic from Norway’s reign as snowshoe capital of the world is getting a new lease on life, and new owners. The old Tubbs factory on Tannery Street […]

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Technology

Tencent Cloud EdgeOne Launched to Provide Integrated Security Protection and Network Performance Services for Global Businesses

A unified, fast, reliable and secure upgraded one-stop platform that integrates Tencent’s years of experience in network performance and security SINGAPORE, July 29, 2022 /PRNewswire/ — Along with the rapid development of enterprise digitalization, new edge computing scenarios and applications have now begun emerging in various industries. Drawing from more than 20 years of experience in […]

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Business

When a recession hits, these are the cutbacks Main Street businesses need to make

Damircudic | E+ | Getty Images With recessionary winds whirling, many small business owners have already cut back, but more trimming may be needed to weather the economic storm that’s brewing. U.S. economic growth fell 0.9% in the second quarter, the Bureau of Economic Analysis reported on Thursday, the second consecutive quarter of negative GDP. […]