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Why Empathy is the Most Important Leadership Skill Right Now?

Empathy has always been a crucial leadership talent, but it is now taking on a new meaning and importance. It is far from a soft approach, and it has the potential to produce major business benefits. You’ve always known that demonstrating empathy benefits people, but recent study shows that it’s critical for everything from invention to retention.Great leadership requires a fine mix of all kinds of skills to create the conditions for engagement, happiness and performance, and empathy tops the list of what leaders must get right. The Effects of Stress The reason empathy is so necessary is that people

El Salvador Becomes Bitcoin Laboratory As First Nation To Adopt It As Legal Tender

El Salvador became the first country to embrace Bitcoin on September 7, 2021, when it became legal tender. The move has converted the Central American country into the world’s first national experiment in using the often volatile currency, which is gaining popularity among investors and speculators throughout the world. Bitcoin’s price fell sharply after El Salvador announced the move, recovering slightly by early afternoon Tuesday. In 2001, El Salvador’s Law of Monetary Integration set a fixed rate of exchange between the U.S. dollar and that country’s monetary unit, the colon. While the colon technically remains legal tender, it is no

Amazon Plans to Open Large Retail Locations Akin to Department Stores

According to The Street Journal, Amazon plans to open several large physical retail locations in the U.S. that will operate akin to department stores, a step to help the tech company extend its reach in sales of clothing, household items, electronics and other areas, people familiar with the matter said. The plan to launch large stores will mark a new expansion for the online-shopping pioneer into bricks-and-mortar retail, an area Amazon has long disrupted. Amazon is stepping up its move into bricks-and-mortar retail Some of the first Amazon department stores are expected to be located in Ohio and California, the

Energy Transformation | Mercedes – Benz To Spend $47 Billion for Electric – Only Lineup

Energy Transformation | Mercedes-Benz To Spend $47 Billion for Electric-Only Lineup LONDON — The European Union detailed on Wednesday how it will reduce greenhouse gas emissions in the coming years, with the plan potentially revolutionizing many sectors from air travel to shipping. The 27-member bloc has vowed to become carbon neutral by 2050 and to reduce its greenhouse gas emissions by at least 55% by 2030 from 1990 levels. The autos sector is one of the hardest hit by the new rules, with the commission proposing a de facto ban on diesel and gasoline cars by 2035. A senior EU

Zoom and Salesforce Make Quick $23 Million Profit after Israeli Software Monday.com Jump on Its IPO

In its latest tech IPO, workplace management software company Monday.com closed its first trading day with a bit of uncertainty. Bringing Monday.com’s market capitalization to about $7.6 billion and making co-CEO Roy Mann a billionaire. In addition, this also helped Salesforce and Zoom make a profit of $ 23 million. So what’s interesting about them? What’s Monday.com? Monday.com is an Israeli company, founded in 2012 and developing a project management tool called Work OS. Originally called dapulse, it was launched in Tel Aviv, where Mann was the chief executive of Wix looking for a better way to manage his team

Potential Growth For Vietnam Electric Vehicles Boosted By Joint Venture Between Foxconn & VinFast

The global electric vehicle (EV) market is witnessing significant growth in the coming years as electric vehicle adoption rates rapidly escalate year-over-year across the globe. Therefore, this is considered a potential market for giants to invest in, typically Tesla. Most recently, Foxconn and Vingroup have also entered this new market. Terry Gou, founder of Foxconn. Simon Song/ South China Morning Post via Getty Image What is Foxconn? Foxconn is the world’s largest electronics contract assembler. As of 2012, Foxconn factories manufactured an estimated 40% of all consumer electronics sold worldwide. In order to strengthen the technology race, Foxconn began discussions

Why Are Elon Musk And Janet Yellen Worried About Bitcoin’s Energy Usage?

In the middle of May in 2021, Tesla CEO Elon Musk announced that the company is no longer accepting payments from its customers using Bitcoin due to concerns about “the rapid increase in fossil fuel usage from Bitcoin mining,”, which has led to fresh scrutiny of the cryptocurrency’s environmental impact. Back in February, U.S. Treasury Secretary Janet Yellen also warned about the environmental impact of Bitcoin, saying that Bitcoin mining creates “staggering” electricity consumption. Why is Musk worried? Musk pointed to data from researchers at the University of Cambridge showing that Bitcoin “mining” has seen a surge in electricity use