Nexon Co., the South Korean online gaming company founded by billionaire Kim Jung-ju, said it has bought $100 million worth of bitcoin amid a rebound in the cryptocurrency. Tokyo-listed Nexon joins a growing list of global companies, including Elon Musk’s electric carmaker Tesla, that have invested in the digital currency. Nexon’s bitcoin investment represents less than 2% of the company’s cash hoard as of December 2020. “In the current economic environment, we believe bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments,” said Owen Mahoney, president and CEO of Nexon. invest $1.5 billion in readmore
Singapore-based gaming gear company Razer has established a $50 million fund focused on environmentally-friendly startups as its peers across the tech space chase millennials and extra dollars by stressing eco-friendliness. The fund, called Razer Green Fund, emerges a month into Razer’s 10-year plan to “preserve nature and protect the environment” through renewable energy and carbon-neutral projects, the company said in a statement. Over time, Razer, founded and led by Singaporean billionaire Min-Liang Tan, plans to make gamers worldwide “contribute to green causes,” the statement adds. “Asian technology companies are morphing into global stakeholders,” says Abishur Prakash, a Toronto-based author on readmore
Last spring, while quarantined with his family at his Connecticut home, Wylie Dufresne decided to put his pizza oven to use. He’d been responsible for feeding the four adults and four kids in the house, isolated and relying on delivered ingredients or efficient trips to the supermarket to keep everyone satiated. “It was a full blown lockdown, and I was cooking for eight every night. I was trying to think of fun things to do,” Dufresne recalls. After shutting the doors at his most recent venture, Du’s Donuts, early into the COVID-19 crisis, he wasn’t necessarily looking readmore
Missing Paris? Me too. Like so many people, Paris is my favorite city to visit. When I was in college, I studied for a year in Paris and some of my favorite things to do are things you do when you live someplace—including taking classes. I’ve taken classes on perfume making and open-air painting and cooking classes, of course. Right now, the door is virtually open at La Cuisine Paris for cooking classes on demand. La Cuisine Paris La Cuisine Paris. La Cuisine Paris is located on Quai de L’Hotel de Ville nestled between the popular and readmore
Sunday isn’t a typical day for a post in this column, and I don’t typically post about book reviews that are outside the category of wine. But today offers a unique opportunity for weekend reading with the special twist of a chapter about wine in a book about food, restaurants and redemption.Erin French, the chef and owner of The Lost Kitchen in Freedom, Maine, published her memoir earlier this month. It’s called Finding Freedom: A Cook’s Story, Remaking a Life from Scratch and is a sequel, in a way, to her cookbook The Lost Kitchen: readmore
As every year, but especially this year — with the insane amount of couch time logged across the country and the world on various lockdowns — the Oscar pools take the fore. Will the Academy again embrace the universally beloved Frances McDormand, or will they turn to current front runner Carey Mulligan, pictured above at last year's nominee luncheon, or her close rival, Viola Day? Arguably, we've had the shot at studying the nominees from the couch perhaps more than is actually good for us, but a fun side effect is that the home Oscar totes will burgeon, and that readmore
Canada’s first federal budget in more than two years contained a number of proposals, including a national daycare program, extensions of relief programs for businesses and a digital services tax, among other items.Financial expert Preet Banerjee joined The Morning Show to break down and weigh in on the budget.The government’s national daycare program is targeting a 50 per cent reduction in the average cost of child-care fees within the next 18 months, with the goal of getting the cost down to $10 a day within five years, Banerjee says. Read more: Federal budget delivers big promises on childcare, tamer readmore
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