Coffee drinkers never say no to a good brew of hot coffee as the first thing they do after waking up. Neither deny a coffee date at their favorite coffee shop nor step back to get one cup of cappuccino for themselves. There are more fans of coffee than any other beverage in the market. Thus, the coffee industry is showing a recent hike in consumption statistics.

According to a survey, coffee drinkers in the U.S. drink more than one cup a day; on average more than half of the population consumes three or more cups of coffee. The survey also proved that 57 percent of Americans said coffee is a regularly consumed beverage. As per the reports, 66 percent of Americans drink coffee every day. When it comes to countries that drink the most coffee…

According to the reports, consumer demand for electronics has fallen by 30 percent with the growing fear of global recession. It says the semiconductor market would have a modest recovery by the second half of 2023 if the global economy does not fall more than the current expectations.

According to survey reports, the Semiconductor Industry Confidence Index Score is 56 for 2023. The last two years were tumultuous year for the semiconductor industry. But the analysts have provided an overall positive report for 2023 regarding the availability of semiconductors.

Lithium-ion batteries have come under crucial examination once again after a string of fires are caused by batteries of electric bicycles and scooters. These batteries are used in everyday products such as phones, laptops and cameras are considered to e safe as long as they are properly manufactures; not tampered or mistreated; and do not have any defects. On the other hand , the batteries used in smartphones and other devices are comparatively smaller and less often subjected to extreme forces. Again, lithium-ion batteries used in e-bikes and e-scooters are much larger and more prone to damages.

Quality control with safety standards is another problem. in recent times, the price for scooters went dramatically up, such as in places like…

Elon Musk’s company Tesla has recently cut prices for the electric cars in order to boost sales and compete with the rivals. Several  thousand pounds reductions depending on the market scenario and model have been applied to cars listed for the sale on the company’s website in the US, UK and other places.

Due to this reason the company follows a big markdown of 20 percent almost that the firm introduced in the January.  Tesla is facing fresh challenges as higher borrowing costs weighs on the buyers and on the other hand rivals offer more electric options to opt from.

The company, as per the reports, did not respond to any request for comment. The firm missed its target of 2022 regarding the increasing deliveries by 50 percent annually…

The issue of consolidation has lifted its head in the recent months because companies like Sony, Microsoft and Swedish company Embracer Group are buying up video games studios right and left. Microsoft’s planned acquisition about Activision Blizzard King, franchises like Call of Duty and Diablo are expected to pass scrutiny by European watchdogs and Federal Trade Commission.

The main cause of disagreement is the popular shooter series. According to the reports, one of the biggest video game brands in the world when tied to one of the major console manufacturers among those three could hamper competition in the long run. And Nintendo, seems to manage to score much higher with the gaming fans concerning more on the popularity and awareness…

Netflix is one of the biggest growing OTT platforms globally. It is forecast to increase its content spending in Asia-Pacific by 15 percent to $1.9 billion in 2023, according to the reports. As per the new reports released this Monday supposes the service’s revenue in that region to rise by 12 percent this year.

According to some revelations, in 2021 Netflix spent $500 million just on Korea and with that sum produce drama films and scripted series. One among them was Squid Game. Japan is supposed to boost scripted non-anime series in 2023.

In comparison to Japan, Korea has a strong subscriber base, according to the Flixpatrol’s data. Japan has a smaller number of subscribers. The data also supports that Indonesia and India will be the…

North Korea launched its most missiles in a single day record in November 2022. It also included the one landing 60km off the South Korean coast. At the beginning of 2022, North Korea fired a missile over Japan which traveled 4,500km and finally fell into the Pacific Ocean.

As per the latest reports, Kim-Yo-Jong said the country could have turned the Pacific into a "firing range" after two missile tests were conducted on Monday's east coast. It was followed by the firing of an ICBM (intercontinental ballistic missile) two days earlier to warn South Korea that actions like this further would only strengthen the argument order to develop its nuclear deterrent.

North Korean missiles were intensified immensely last year. With outstanding…

The year 2022 was not that great to investors since stock markets flailed and the zero interest was beginning slowly to an end. However, according to some reports, inflation rose by 8 percent monthly, throughout 2022. Inflation is expected to ease in 2023 and early returns this year are basically similar. Again, the data says a 6.4 percent inflation rate in January 2023 to start the year.

According to the reports, Luxury Investment Index, on an average managed to deliver above inflation in 2022. Art topped the list with a 29 percent increase over the period of 12 months, next to it stands the cars in the list with a return of 25 percent.

The survey reveals that Inflation Investment this 2023 includes- Equities, because these are reliable…

Being in the better parts of the last 12 months many tech stocks and companies have been in a tailspin. This is the main factor behind the reduction in the workforces of numerous start-ups and companies in the tech sector after the pandemic years.

Meta, twitter and amazon saw mass lay-offs where amazon tops the list with 18,000 lay off employees globally. Again, in January 2023, Microsoft announced of reducing its workforce by about ten thousand. Then alphabet also announced 12,000 jobs cut off. According to the reports, winter months have seen a greater number of heavy lay offs at the start ups and the tech companies.

Again, as per the data, in November 2022, more than 50, 000 techies were laid off in global scenario. Amazon let go of…

The most expensive internet blockage of 2022 is caused by Russia, by blocking and controlling the access to social media and outlets of news. The economic cost of the internet service puts the country at $21.6 billion. The large number of people are affected by the price tags since the blockages are country-wide.

The restriction over the internet moves Russia to the second rank in the list ahead of Iran. According to the reports, 72 million people got affected by the shutdown of internet at an economic cost of $773 million. Kazakhstan is at third rank after the internet shutdowns by following early 2022 protests regarding the fuel prices over the $400 million economic damage.

In 2022, Myanmar is the country to witness internet shut down…

The withdrawal process of Britain from United Kingdom is regarded as Brexit. A final solution has been levied upon to the problem of the movement of goods and services between the European single market and the united kingdom through northern Ireland.

With recent meeting between the president of the European Commission Ursula von der Leyen and UK prime minister Rishi Sunak, Windsor Framework, the new framework looks set to go through with less friction.

The new Windsor Framework gives assurance about the significantly smoother trade within the UK’s internal market. The focus area was the northern Irish imports of goods from Great Britain. According to the reports, customs processes are supposed to be reduced drastically and considerably.…

The internet shutdown happened for the next year in a row, and the global number rose again in the second year, 2023. According to the newly released reports, the total number of shutdowns in 2022 is 187. Out of this, 84 shutdowns happened in India.

According to the reports, in 2020, the number of internet shutdowns dipped. The reasons behind the fall in internet shutdowns are the governments use internet shutdowns connecting with the curbing protests and dissent. The pandemic caused these events to happen less as stay-at-home orders and limits on mass gatherings were issued.

Since the time reporting has initiated in 2016, it reached the number 213 in 2019. But the same year, India saw the highest number of internet shutdowns- 121. In…

Meta is currently investing much money in the virtual reality in comparison to other companies in the world. Mark Zuckerberg is already trying to pursue his vision of revolutionizing the world of entertainment industry and work with the Metaverse. According to the data, in 2022 more than $25 billion got into Meta’s research and development department.

The reports reveal that Meta has generated an amount of $5.2 billion dollars with the hardware with an impressive market share of 75 percent. The market dominance of Oculus Quest 2 has been reflected through Californian company’s investments. Sony PlayStation is the closest competitor on the basis of sales, and 6.6 million headsets have also been sold worldwide. In contrast to Oculus Quest…