With Snapchat stock mysteriously dropping below its IPO price earlier this month despite accelerating revenue and user growth, it’s worth taking a look at the controversial social media platform’s future.
Under typical circumstances, one would think that a multi-billion dollar donation to help fight climate change would receive universal praise. However, recent charity scandals tied back to wealthy figures combined with a growing confusion over how charities handle their funds has made many skeptical of Jeff Bezos’s new Earth Fund.
The coronavirus pandemic has created a dangerous climate of distrust and skepticism, as we’ve seen through the U.S’s changing relationship with China. A recent revenue scandal from the viral Chinese beverage chain Luckin Coffee has only aggravated these tensions, and has raised concerns about regulating foreign firms on U.S markets.
The catastrophic failure of Boeing’s 737-Max fleet and the ensuing financial troubles raised plenty of questions about the long-term effectiveness of low-margin businesses and pseudo-monopolies.
The bulk of Bitcoin’s attractiveness revolves around encrypted protection from hackers and large authoritative institutions. But for some reason, new technological advances which could compromise all cryptocurrency security have had minimal effects on Bitcoin’s price.
Cities and companies alike are now aiming to increase monetary output by providing public access to green spaces and parks. While great for now, these new initiatives raise important questions about the future of mental health and economic productivity in the U.S.