Two years ago, Japanese scientists stumbled across a type of bacteria that ate plastic. A rare breed that was found chowing down in a dump. Naturally, scientists decided to investigate further. And now they’ve stumbled upon a breakthrough. The team behind the discovery have isolated the enzyme that produced the bug. And in their testing to see how the enzyme had evolved, they accidentally made it even more effective.
The technology industry has been extremely active in the last decade. You always hear about a new tech start-up trying to disrupt an industry. Whether it is fintech, blockchain or cyber security, technology is always striding ahead. So how can you profit from new tech start-ups, innovation and a changing landscape?
The Kogan.com Limited [ASX: KGN] share price dropped by almost 18% yesterday. Shares are currently trading at $7.60, down from its record high of $9.24 on Friday. The online retailer has experienced substantial growth since its listing on the ASX in 2016 — 402% to be precise. So what's driving the falling share price?
Banks always have and always will attract the type of individual who wants to make a lot of money from being ‘a banker’. And while there are plenty of decent ones around, the truth is there are plenty of abhorrent individuals willing to fleece other people for their own benefit. Things took a turn for the worse when the banks began to get into the wealth management game in the early 2000s.
At the time of writing, shares of Chapmans Limited are up by 14.29%, to 0.8 cents, in today’s trading. Last week, Chapmans raised AU$4.552 million, comprising of AU$1.59 million in equity and AU$2.962 million in unsecured convertible loans due at 30 June. Chapmans used the funding to acquire a 19.99% stake in GPU.One, a profitable data processing and cryptocurrency company.
Twitter has made sufficient progress when it comes to matters involving content and monetisation preferences. The social media company has seen its user growth extend more consistently. Twitter has managed to double its overall share value during the past year.
The price of bitcoin exploded overnight, rising from US$6,870 (AU$8,859.21) to US$8,034.17 (AU$10,360) in an hour, according to prices quoted from Coindesk. There’s no one specific piece of news that can be pointed to as being solely responsible for the sudden jump. Instead, it seems that a number of factors came together at the same time.
Telstra have announced their new product, the Telstra Smart Wi-Fi Booster. The new tech device will counter any wireless complications home owners deal with, when setting up wireless internet.
There were queues hundreds of people long. The snake of people wound its way up flights of stairs four storeys high. Outside onlookers gathered. Some in awe. Some in admiration. Some in anguish and disgust. They were at Capitol Hill in the US to hear Facebook CEO Mark Zuckerberg testify before Congress.
China is no longer a copycat of the West. They’re quickly becoming an innovation nation just like they’ve been saying. The government just spent US$10 billion to build a quantum lab. According to the OECD, China is now the second largest scientific powerhouse, behind the US. And as you can see, China is pumping out patents like crazy.