Monday, June 14, 2021

Remote workers put in longer hours but were less efficient: study

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Employees are beginning to trickle back into their offices just in time — after a new study found that remote work reduces productivity. The study, which surveyed the remote work habits of 10,000 employees...

Luxury condo building success crucial to Manhattan FiDi

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The epic conversion of One Wall Street from offices to luxury condos poses a big risk for developer Harry Macklowe, who’s invested $1.5 billion in the landmarked former Irving Bank tower with plans...

‘CryptoPunk’ NFT sells for $11.8 million at Sotheby’s

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Who says the NFT bubble has popped?   A non-fungible token (NFT) of a digital artwork called a CryptoPunk defied expectations and just sold for $11.8 million at Sotheby’s on Thursday. “CryptoPunks are a set of...

Congress looks to break up Big Tech with bold new antitrust bills

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Congressional lawmakers are targeting tech giants over antitrust concerns — and the proposed legislation could force them to overhaul or even break up their increasingly dominant business empires. The package of five antitrust bills...

‘Doge’ NFT sells for $4 million

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Doggone it — the now iconic picture of a smirking Shiba Inu just became the most expensive meme to sell as a non-fungible token, or NFT. The dog meme known as “doge” was...

Cruise lines say no change in sailing plans despite new COVID cases

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Royal Caribbean and Carnival will push ahead with a return to cruises this summer despite two guests testing positive for COVID-19 onboard a test run for Royal Caribbean’s Celebrity Millennium ship. A year after several cruise ships...

McDonald’s hit by data breach

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McDonald’s said Friday that a data breach in South Korea and Taiwan has exposed some customer and employee information, making it the latest global company to be targeted by cybercriminals. The attackers accessed emails,...

El Salvador volcanoes to power bitcoin mining

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Bitcoin is red-hot in El Salvador — and the country says it plans to use power from its volcanoes to mine it. El Salvador President Nayib Bukele — just hours after the country’s legislature...

Airbnb and Vrbo are cracking down on ‘party houses’

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Vacation rental giants Airbnb and Vrbo are cracking down on properties that frequently host raucous parties, the companies said Friday. The companies are co-developing a “community integrity program” to identify problem properties — and...

Oil demand will exceed pre-COVID levels by end of 2022: energy agency

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Demand for oil will surpass pre-pandemic levels by the end of next year as the global economy recovers, the International Energy Agency said on Friday, rejecting analysts’ predictions that the world’s oil usage...

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