Auction sale
Business News

Art in the Tech Age: Digital Image Fetches $69 Million at Auction

March 19, 2021

In a sign of the times, a JPG file recently sold for $69.3 million at auction. The piece, known as “Everydays—The First 5,000 Days,” is a collage of every image the artist, known as Beeple, has posted online since 2007. Art and its perceived value are shifting in the digital age. […]

Electric vehicle being charged in parking lot
Business News

Transportation Energy Key to the Golden Age of Electric Vehicles

March 17, 2021

Auto giants like GM and Volvo plan to phase out gas-powered vehicles by 2036. Meanwhile, Tesla’s automobiles have always been electric and startups like Rivian are supplying electric-powered pickups to Amazon. Electric vehicles are far more power-efficient. […]

Positive market change
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Professor for The Great Courses Explains GameStop Stock Surge

February 4, 2021

Internet users drove GameStop’s stock prices up 2,000% in a matter of weeks, C|Net reported. The move was a response to short sellers betting against the video game retailer and waiting for shares to plummet. A professor for The Great Courses explains. […]

Bucket of fried chicken on red background
Business News

KFC Builds Gaming PC, Shaped like Bucket, That Heats Fried Chicken

December 30, 2020

KFC has teamed with Cooler Master to make a PC that heats up fried chicken, Engadget reported. While not available on the mass market, the bucket-shaped computer is the result of a viral marketing campaign on Twitter. Marketing creates value in customers’ eyes, with surprising results. […]

Woman eating popcorn while watching a movie on the couch
Business News

Last Blockbuster Video Store Turns into Airbnb for Three Nights in September

August 23, 2020

A Blockbuster store in Oregon will host three nights of sleepovers, Engadget reported. The location, said to be the last Blockbuster video store in the world, will offer guests 1990s movies, candy, and more, with proceeds going to the Humane Society of Central Oregon. The company fell out of popularity with the rise of Netflix. […]

Money and gavel concept
Business News

Government Grants Loan to Libertarian-Based Ayn Rand Institute

July 24, 2020

The “laissez-faire”-based Ayn Rand Institute received a $1 million government loan, Reuters reported. The Russian-American author decried government dependence and championed self-reliance and entrepreneurship. Rand’s philosophy also eschewed charity and selflessness. […]

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