Old is the new new when it comes to fashion. Whether driven by environmental concerns or an aversion to paying full retail price, the market for second-hand clothes is booming. The pandemic has further powered the trend. Wardrobe clear-outs — Marie Kondo-style — have fuelled sales, while extended periods of shop closures have spurred demand.…
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Are we living in a period of technology exhaustion, where there are too few big breakthroughs and competition is being fought out through small incremental improvements to old ideas? Or are we on the brink of accelerating change, where technical advances on a number of fronts are about to unleash giant new digital markets? That…
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Google will soon enable patients to view appointment availability for participating healthcare providers directly from its search page, the technology giant announced Thursday. The new feature, unveiled at Google’s annual The Check Up health event, adds appointment availability to business profile boxes that display when users search for a physician or healthcare facility. Patients will be…
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When patients are battling a terminal illness and want access to an experimental drug, how much evidence that it works should regulators require before approval? That’s the question behind many of the Food and Drug Administration’s toughest decisions, including last year’s controversial approval of Aduhelm. Many experts — including the agency’s own outside advisers —…
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Not much unites Ukrainians and Russians in wartime but one thing they both share is an enthusiasm for the Telegram messaging app. Now used by more than 500mn monthly active users, Telegram has become the messaging service of choice for political dissidents and libertarians around the world. But in some countries, such as Russia, it…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 SEC accepts 2022 GAAP financial reporting taxonomy … The Financial Accounting Standards Board (FASB) today announced that the U.S. Securities and Exchange Commission (SEC) has accepted the 2022 GAAP Financial Reporting…
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When Pickens County Medical Center closed weeks before the first wave of the COVID-19 pandemic, the local pharmacy felt it immediately. It was one of the many businesses in Carrollton, home to about 1,000 residents in western Alabama, that had to lay off employees and cut expenses after the 56-bed hospital shuttered. Carrollton Drugs had…
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Insurance business models are beset with high operating costs, opaqueness and information asymmetry. With the advent of Web3, smart contracts, and decentralized autonomous organizations (DAOs), newer ways of transferring risk are coming to market. The use of blockchain technology within insurance is proving to reduce costs and improve end-user experience. This final part, a continuation…
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As Russian troops massed on the border on January 14, dozens of Ukrainian government websites were defaced with the words “be afraid and wait for the worst”. The co-ordinated hack was viewed by Ukrainian and western cyber security officials as an initial warning that Russia would wage a fearsome digital war alongside a ground invasion…
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As Russian troops massed on the border on January 14, dozens of Ukrainian government websites were defaced with the words “be afraid and wait for the worst”. The co-ordinated hack was viewed by Ukrainian and western cyber security officials as an initial warning that Russia would wage a fearsome digital war alongside a ground invasion…
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