Industry

Crypto Industry Is About Fundamental Redesign of Functioning of Civic Society News The crypto and blockchain industry is about a fundamental redesign of the basics of how civic society will ultimately function, according to Circle CEO Jeremy Allaire. The CEO provided his stance at a recent panel within the 2019 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) in Washington, D.C. on April 10. Allaire discussed both the potential and the issues associated with crypto and blockchain-related developments in a panel dubbed “Money and Payments in the Digital Age.” Moderated by the IMF’s managing director...

The Big Blackout of the Venezuelan Aluminium Industry “The power is blinking, isn’t it?” an employee at a bakery asks her co-workers. It’s 5:26 p.m. in Ciudad Guayana, cradle of the steel industry in Venezuela, and it’s the prelude of something tremendous for the region. The previous day, March 6th, Nicolás Maduro visited the state-run company CVG Comsigua, old bastion of Guayana’s workers’ struggles, and for the thousandth time he repeated the unfulfilled promise of “recovering the basic industries”. He was just reacting; on March 5th, caretaker President Juan Guaidó met with union leaders from all over the country to...

Prefab industry at tipping point in wait for government reforms The industry has met to hear leaders' takes on the future of prefabrication and efforts to address the challenges which have stymied its growth. It's been heralded as the affordable, efficient future of construction: manufacturing individual components of houses - or whole houses - completely offsite. Housing Minister Phil Twyford said prefabs would have a major part to play in delivering its 100,000 affordable homes. "Offsite manufacturing is mission critical to delivering the government's housing and urban development programme. Without it we will struggle with workforce constraints, the low productivity...

Tech firms ramp up efforts to woo the energy industry A Hotel in Houston teemed with oil-and-gas executives on March 11th, the start of a CERAWeek. IHS Markit, a research firm which organised the shindig, lined up America’s energy secretary, the chief executives of BP and Chevron (two of the world’s largest oil companies), and other luminaries. Among the dark suits was an open-collared newcomer: Andy Jassy, head of Amazon Web Services. Speaking to a vast ballroom, he extolled the cloud-computing giant’s virtues of moving quickly and learning from failure. Mr Jassy was there not just to offer management advice...

TSG Hoffenheim, DFL and WHU to bring the first MIT Sports Entrepreneurship Bootcamp to Germany Bundesliga club TSG 1899 Hoffenheim, DFL Deutsche Fußball Liga and WHU – Otto Beisheim School of Management are jointly bringing the world’s first MIT Sports Entrepreneurship Bootcamp to Germany. In cooperation with the Massachusetts Institute of Technology (MIT), the three partners will host the week-long learning programme with a focus on innovation and technology at TSG 1899 Hoffenheim’s PreZero Arena in September 2019. MIT Bootcamps on various topics have already been held around the world with great success. Now TSG 1899 Hoffenheim and the DFL...