Author: Steve Smith

I am Senior Editor of Business d'Or and lead reports on workplace, career and leadership topics. Prior to joining Business d'Or, I spent more than 5 years writing articles on workplace issues, corporate leadership, leadership and governance for The Washington Post. I graduated from the University of Georgia, majoring in history and journalism.

A startup called Homebase has tokenized its first single-family rental property in McAllen, Texas. The company raised $246,800 in two weeks by tokenizing the property on Solana via a smart contract tied to an NFT created for the purpose. The tokenized property was valued at $235,000, and the total amount raised includes $11,800 set aside to account for maintenance and other issues. Homebase spent seven months getting the legal and compliance details of its real estate offering ready for market. Homebase supports USDC to allow users to buy tokenized property slices “in one click.” Investors are required to hold on…

Read More

The Association of Southeast Asian Nations (ASEAN) has been a hotbed of outsourcing activity for years, with its low cost of living, highly educated workforce, and favorable tax policies attracting companies looking to lower their overheads. However, with the rise of remote work and the need for talented employees, many ASEAN outsourcing players are turning to artificial intelligence (AI) to keep their talent in-house. One of the biggest challenges facing ASEAN outsourcing players is retaining talented employees. Many talented individuals, especially in the IT sector, are lured away by the promise of higher salaries and better working conditions in other…

Read More

Emerging technologies have become a critical driver of global economic growth and competitiveness. As countries vie to become leaders in innovation, it is becoming increasingly clear that investing in and developing a national talent strategy is crucial to success. Unfortunately, America’s leadership in emerging technologies is at stake due to a lack of a national talent strategy. The United States has long been a leader in technological innovation. From Silicon Valley to Boston’s Route 128, America has been at the forefront of many of the most important technological developments of the last century. However, this leadership is not guaranteed, and…

Read More

Bank of America Corp (BAC.N) is reportedly shifting some of its wealth management and lending employees to other roles within the company due to the negative impact of higher interest rates on these businesses. According to an unnamed source, fewer than 200 employees are being reassigned to product specialist positions in the company’s global operations organization. The move comes as global central banks raise interest rates to curb inflation, which has resulted in reduced consumer and corporate spending and affected the profitability of financial institutions such as Bank of America, Goldman Sachs Group Inc (GS.N), Morgan Stanley (MS.N), and Wells…

Read More

Elon Musk, CEO of Twitter, has granted stock options to the company’s employees at a valuation of around $20 billion. This valuation is half the amount that Musk paid to acquire the micro-blogging site in October 2022 for $44 billion. The report suggests that this gesture is an acknowledgment of how much Twitter’s value has dropped since the deal, but it still exceeds the public market valuations of Twitter’s rivals. Musk had previously stated that Twitter was on track to be “roughly cash flow break-even” in 2023, as top advertisers reduced their spending on the platform after his takeover. However,…

Read More

Raisin, a company that offers consumers access to savings, investment, and pension products, has received a new investment that it plans to use to develop new products and accelerate growth in markets such as the US. Raisin has been profitable for six months and has over one million customers globally, generating €850 million in interest since its founding in 2012. It currently manages a total of €38 billion in assets for customers worldwide, and in the past six months alone, its total assets under management have grown by more than 30%. The company also offers Banking-as-a-Service (BaaS) products for financial…

Read More

In 2021, Chief Human Resource Officers (CHROs) face a challenging agenda that has a direct impact on a company’s ability to recover and grow. CHROs of midsize and emerging enterprises have a particularly difficult task as they must meet big-company tests with small-company resources. Based on studies and experience, five challenges are identified for middle-market CHROs: managing a return to workforce growth, reskilling and upskilling employees, revamping HR systems and processes, recharging employee engagement and productivity, and investing in talent development through a performance management process. The challenges intersect with each other, but solutions to one can help address the…

Read More

The traditional image of the world as a patchwork of nations with their own flags, anthems, and customs overlooks the many anomalous legal spaces and peculiar jurisdictions that exist within each nation. These “zones” are often carved out of a country and freed from ordinary regulations, with taxation powers frequently suspended within their borders, allowing investors to create their own rules. Zones come in many varieties, ranging from sites for low-wage production to tax havens where multinational corporations store their earnings. Zones have become an alternative to mass democracy, offering a way to maintain a free economy without democratic oversight.…

Read More
5G

The emergence of 5G technology is revolutionizing communications and content, providing significantly greater speeds and accommodating more devices than outdated 4G networks. For marketers, the impact will be transformative, creating opportunities for personalization, real-time engagement, and robust in-app experiences. 5G technology enables marketers to transfer larger volumes of data at faster rates, reducing latency associated with mobile ads and expanding the reach of their campaigns. 5G will also open enhanced sponsorship opportunities for advertisers, particularly around major events, and allow for the development of emerging ad formats such as virtual reality (VR), augmented reality (AR), and Internet of Things (IoT).…

Read More

Jenny has been appointed as the new Chief Financial Officer at enfinium, bringing with her 30 years of senior leadership experience in financial reporting and control, risk management, tax, and treasury. She will report to Mike Maudsley, CEO, and will also join the enfinium Group Board and Executive Committee. Jenny is succeeding Mark Corben, the current CFO, who will be stepping down to pursue other opportunities at the end of March after leading Wheelabrator UK through company setup, change of ownership, integration of Multifuel Energy Limited and Wheelabrator UK, refinancing of the group, and financing of two construction projects, enfinium…

Read More