The Greek Hub of Silicon Valley Takes Shape
Covid-19 has delayed discussions with representatives from the Silicon Valley Greek Hub (SVGH) and the Greek government to acquire an organized and institutional presence in the San Francisco area....
View ArticleTurkish Lira Hits New Low Point, Plunging 5.6%
The Turkish lira dipped another 5.6%, hitting record lows against the US dollar on Thursday after the country’s central bank slashed its policy rate in line according to the unorthodox economic scheme...
View ArticleGreece Innovation Hub: Hellenic Network Hosts Boston Event
The Hellenic Innovation Network hosted an in-person panel discussion at the Consulate General of Greece in Boston on Greece as an innovation hub on Sunday. More than one hundred people came to hear...
View ArticleInstaWork App Connects Workers to Jobs Immediately
Instawork, an app that links skilled workers with businesses in need of labor, announced on Wednesday that it had surpassed its goal of adding 100,000 new hourly Professionals (Pros) before 2022. The...
View ArticleElon Musk Announces He Will Pay Over $11 Billion in Taxes This Year
Elon Musk announced via Twitter on Monday that he will be paying over $11 billion in taxes for 2021. “For those wondering, I will pay over $11 billion in taxes this year,” Musk wrote. Half a million...
View ArticleGrecian Delight/Kronos Foods Sells Distribution Business in the US
Grecian Delight/Kronos Foods, a leading provider of authentic Mediterranean Foods in the US, announced on Wednesday that it sold its distribution business for an undisclosed amount to Christ Panos...
View ArticleMartha Stewart Sells Nativity Figures She Designed in Prison
As anybody should know by now, there is no way to keep Martha Stewart down; the tireless lifestyle entrepreneur is now even selling Nativity figures that she designed in federal prison. Yes, you read...
View ArticleAlbert Bourla Named CEO of the Year
CNN Business has named Pfizer CEO Albert Bourla, a Thessaloniki native who left Greece at the age of 34 to pursue a career in the pharmaceuticals industry, as the CEO of the year. CNN says that Bourla...
View ArticleBill Gates’ Major Concern Leading to 2022
Bill Gates is overall optimistic about 2022, but writing in his blog recently he identifies one major concern: people’s distrust of governments. The billionaire Microsoft co-founder in a blog post,...
View ArticleTikTok Beats Google to Become the Most Popular Website of 2021
TikTok, the video-focused social networking service, has beaten Google to become the most popular website for 2021, according to IT security company, Cloudflare. According to Cloudfare the top 10 most...
View ArticleFlyte 70: The “Pro-Aging” Beauty Brand Co-Founded by a Greek-American
“Pro-aging” American beauty brand Flyte.70 co-founded by Greek-American Elena Frankel in 2021 has been creating innovative products targeting women who are 40-plus. Frankel and Carolyn Barber were...
View ArticleTesla Recalls Over 450,000 Model 3 and Model S Cars
Tesla issued voluntary recalls for 475,318 of its vehicles on Thursday. The company hopes to rectify issues with its Model S and Model 3 vehicle’s trunk latching systems. The recall is for all Model 3...
View ArticleSix Greek-Australians Among Country’s Top Young Entrepreneurs for 2021
A total of Six Greek-Australians ranked among Business News Australia‘s Top 100 Young Entrepreneurs list for the year of 2021. Although 2021 proved another difficult year for businesses across the...
View ArticleStock Market Sees Double-Digit Gains in 2021 in Pandemic Rebound
The stock market is ending 2021 with near-historic highs after the slings and arrows thrown at it from yet another year of the pandemic. After a slight dip, the market is set to close at near-record...
View ArticleInflation in Turkey Soars to 36%; Experts Say Could Reach 50%
Inflation in Turkey soared to 36%, the highest in Erdogan era, and it may be headed for the stratosphere, up to a possible 50%, some experts say. With prices for food and drink up nearly 44% annually,...
View ArticleTesla Sets New Delivery Record For Electric Vehicle Deliveries
Tesla set a new company record for electric vehicle deliveries in Q4 of 2021. The company’s fourth-quarter vehicle production and deliveries report for 2021, published on Monday, said that the electric...
View ArticleNew Automated Tractors May Save Agriculture in Time of Labor Shortages
John Deere’s new automated tractors, which are controlled remotely, will further revolutionize agriculture by removing the human element at a time when the labor supply is dwindling. Officials from the...
View ArticleCryptocurrency Crime Soars to $14 Billion in 2021
Cryptocurrency crime hit an all-time high in 2021, with an estimated $14 million going to illegal online addresses, according to a blockchain analysis just released by Chainalysis. The amount of...
View ArticleHome Covid-19 Tests in US to be Covered by Insurance Soon
Home Covid-19 test kits will be covered by insurers starting Saturday, according to an announcement from the Biden Administration on Monday. As of January 15, private health insurers will be required...
View ArticleRetail Giant Carrefour Returns to Greece After 10-Year Absence
French retail giant Carrefour announced on Tuesday its return to Greece after 10 years — this time with a different partner and targeting small retailing through collaboration with local chains....
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