86% of 2017 ICOs are now in the red, Ernst & Young study finds

Nearly one-third if ICOs launched in 2017 have lost all their value If you invested in an initial coin offering (ICO), a crowdfunding tool for crypto-related ventures, in 2017, there’s a very good chance your portfolio has been shredded, according to research from professional services firm Ernst & Young. In an Oct. 19 report titled […]

Online sellers ‘pay for positive reviews’

Some online sellers are offering people free goods in return for positive product reviews, an investigation by consumer group Which? has found. Its investigator joined several “rewards for reviews” groups and was hired to write high-rated reviews in return for free items. Paid-for, or fake, reviews flout rules set by platforms such as Amazon and […]

UK firms near point of no return

Businesses are becoming exasperated at the lack of progress in Brexit talks and are pausing or cancelling investment in the UK. A week that many had hoped would bring progress in the talks has now come and gone without a breakthrough. Employers group the CBI says 80% of surveyed members feel Brexit uncertainty has already […]

The billionaires fuelling a space race

Dubbed “NewSpace”, an increasing number of entrepreneurs are joining in the race to create cheap, commercialised space travel. Among these are billionaires Elon Musk, Jeff Bezos and Sir Richard Branson, who all made their fortunes in other industries. Between them, they’re posing a major challenge to established space industry giants. Fuelled by intense rivalries, their […]

Telus launches kids fund

Telus Corp. is donating $120 million to launch a foundation that helps vulnerable youth. Telus president Darren Entwistle says the foundation will give grassroots charities grants that can be used to help youth build digital literacy skills, provide basic health care and mental health support to the homeless, and open up educational opportunities. The Telus […]

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