Technology companies have become the strongest players in the global economy over the past few decades, while their products have become more and more embedded into our everyday lives. Below are the 15 fastest-growing tech companies in the world, of which eight have offices in Romania: Apple Founded in 1976 and headquartered in Cupertino, California, Apple was the first company in the world to reach the USD 1 trillion market cap. Amazon The largest online retailer in the world was founded in 1994 by Jeff Bezos, who continues to be the company’s CEO. It is headquartered in Seattle, Washington and is also close to reaching the USD 1 trillion market cap (currently around USD 918 billion). Amazon has had a development center in Iasi for a few years and has recently also opened an office in Bucharest’s Globalworth campus. The company has over 1,000 employees in the country and is in the process of hiring hundreds more. Facebook The social network was founded by CEO Mark … [Read more...] about Eight of the fastest-growing tech companies in the world have offices in Romania
Fastest growing cities in the world
In the next three years the current way in which we use landlines will change, and nearly all calls will be made over the internet, but the current broadband infrastructure of Milton Keynes will not be able to support it - that was the stark warning from communication business, dbfb, CEO, Simon Pickering at the recent MKBLP breakfast briefing. Challenging BT, who just two months ago addressed the same business leaders audience and reported that Milton Keynes should be on the ‘list’ for full fibre connectivity, Mr Pickering questioned whether by 2021, when the current old-fashioned copper wire system Milton Keynes currently relies on for broadband BT will have delivered on this vague statement.“Thirteen years ago, the Government gave BT £2 billion to rollout ‘super fast fibre’ connectivity across the UK, but that roll out is still not finished .”Dubbed broadband’s ‘Forgotten City’ Milton Keynes is, according to reports, … [Read more...] about Milton Keynes is the ‘third worst connected city in the UK’ but change is coming
Nicole Tan, a 29-year-old content marketer from Singapore, has visited enough places in the last year to make an Instagram follower weep: Jamaica, Miami, Portland, San Francisco, LA, Budapest, Slovenia, Berlin, Luxembourg, Iceland, Romania, Poland, Paris, Amsterdam and Thailand. In almost all of those places, her working life has continued as usual. “Last year I was moving every other week, or almost every couple of days,” she says. “Time to go, time to go. I had to be at places.” Tan is one of a growing number of “location-independent workers”, or digital nomads. Like many of them, she often has to fly under the radar because governments don’t recognise the way she works. She and thousands of other nomads can travel on a tourist visa or work for a local company, but – though governments often turn a blind eye – it’s technically illegal for them to work remotely. But – in one city at least – that won’t be … [Read more...] about Wandering stars: are Tallinn’s digital nomads building the city of the future?
Factories are ancient, older than capitalism. Imagine a weaver in Mesopotamia who hires workers, provides them with tools and raw material (the capital). This entrepreneur would be recognised by Karl Marx himself as a “capitalist” since he derives “surplus value” from selling the cloth. Yet no one would say that Mesopotamia was capitalist, even though there were 13,200 weavers in its main city, Ur. In 15th-century Florence, over a third of the workforce produced wool for wages. The wool would be imported from England or Spain, and then sold all over Italy, the Balkans and the Levant, but no one has ever argued that the industrial revolution started in Florence. The typical unit of production remained the small workshop run by a single artisan helped by apprentices, using simple tools. Big factories, the “behemoth”, whose history is delineated ably by Joshua Freeman in his fine book, are a recent invention. They started in Great Britain in the 18th … [Read more...] about ConsumerBusinessSpotlightConsumerBusinessSpotlightConsumerBusinessSpotlightConsumerBusinessSpotlightConsumerBusinessSpotlight When production went mass: how factories changed the world Abolitionist, activist, dwarf – we all need role models like Benjamin Lay
Berlin has emerged as the frothiest property market in the world, with the city engulfed by expensive highrise developments and speculative buying that threatens its traditionally low rents and hip arts scene. Prices in Berlin jumped by 20.5% in 2017, according to the property consultancy Knight Frank, with other German cities also displacing cities in China in terms of rising prices. Berlin, Hamburg, Munich and Frankfurt were ranked in the top 10 in the world for price rises, with several Dutch cities not far behind. London was ranked 101st, with a 2% gain, while Auckland in New Zealand, once gripped by a property frenzy, dropped to 99th with a 2.2% increase. But attempts by the authorities in Vancouver to quell its soaring prices - including a 15% foreign buyer tax - appear to have stalled, with prices in the Canadian city jumping by 16% in 2017, the fourth fastest in the world. Berlin’s move to the top of risers followers several years of soaring prices; the average … [Read more...] about Berlin tops the world as city with the fastest rising property prices