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How This Entrepreneur Is Driving Ghana’s Global Expansion Through Its People
Forbes· 2025-09-24 20:36
Core Insights - RNAQ Food Bank has served over 17,000 people since its opening on August 1, 2025, across five locations in Ghana, providing free meals daily [11] - Accra, the capital of Ghana, is experiencing rapid growth, with a population of approximately 2.7 million and a projected annual population increase of 2%, making it one of Africa's fastest-rising self-sufficient hubs [2] - Richard Nii Armah Quaye, founder of RNAQ Holdings, has significantly impacted Ghana's economy through investments in small to mid-sized enterprises, disbursing over 7.5 billion Ghana Cedis (GHC) in loans to over 300,000 businesses [4] Investment and Economic Development - Quaye's credit lending company, Bills Microcredit, is the largest non-banking financial institution in Ghana, managing over 70% of lending funds in the market [4] - Quick Angels Limited, launched in 2019, is Ghana's first institutionalized angel investor company, focusing on providing equity funding to young businesses and entrepreneurs [6] - Investments from Quick Angels span various sectors, including culinary, healthcare, and creative industries, contributing to job creation and economic growth [7][9] Cultural and Social Impact - Trade is central to Ghana's cultural identity, with 80% of citizens engaged in trading activities, which are vital for the economy and community wealth [5] - Quaye emphasizes the importance of investing in individuals and businesses to foster national growth and change the narrative around African entrepreneurship [10] - The RNAQ Food Banks initiative is seen as a means to provide dignity and stability, rather than mere charity, reflecting Quaye's commitment to community welfare [11][12] Legacy and Future Vision - Quaye's philosophy centers on building Ghana from within and ensuring that success impacts the lives of many [12] - The focus is on creating a ripple effect of empowered individuals who can shape industries and contribute to their communities [13] - Quaye aims to replicate his success by mentoring others, fostering a culture of entrepreneurship and self-sufficiency in Ghana [12]
Qualcomm launches Snapdragon 8 Elite Gen 5 with Big Gains in CPU, GPU, and AI
The Economic Times· 2025-09-24 20:30
Core Insights - The Snapdragon 8 Elite Gen 5 is introduced as the fastest mobile system-on-a-chip (SoC) ever built, featuring the 3rd Generation Qualcomm Oryon CPU, a new Adreno GPU architecture, and an upgraded Hexagon NPU, with significant performance improvements: CPU performance up by 20%, GPU rendering improved by 23%, and AI processing speed increased by 37% [1][5]. Performance Enhancements - The new platform enhances everyday smartphone experiences, focusing on lightning-fast multitasking, seamless app switching, and improved efficiency for long gaming sessions [1][5]. AI Capabilities - The Snapdragon 8 Elite Gen 5 supports advanced on-device AI, enabling "agentic AI" that learns from user behavior, processes information in real time, and acts proactively across applications, ensuring personal data remains on the device [5]. - It introduces the ability to record in the Advanced Professional Video (APV) codec, combined with AI-powered imaging tools, aimed at providing creators with more control over video production from capture to post-production [2][5]. Industry Rollout - The platform will debut in flagship devices from various manufacturers, including Samsung, Xiaomi, OnePlus, OPPO, vivo, Honor, iQOO, Nubia, POCO, realme, REDMI, RedMagic, ROG, Sony, and ZTE, with launches expected soon [3][5].
Sony, Samsung Join Bastion Round as Startup Expands Stablecoin Services
FinanceFeeds· 2025-09-24 18:11
Core Insights - Bastion has raised $14.6 million in a funding round led by Coinbase Ventures, bringing its total capital raised to approximately $40 million [1][12] - The participation of major players like Sony, Samsung, and Andreessen Horowitz indicates strong international interest in Bastion's compliant digital asset infrastructure [2][3] - Bastion's platform is designed to enable enterprises to issue stablecoins without the need for securing licenses or developing custom infrastructure [4][9] Company Overview - Bastion operates as a purpose-built platform for third-party stablecoin issuance, focusing on providing a white-label API that integrates custodial wallets, smart transaction routing, and data analytics [5][4] - The company aims to reduce friction and regulatory risk, facilitating the onboarding of "the next billion users" to Web3 [5][6] - Bastion's growth reflects a broader trend of stablecoins transitioning from retail adoption to institutional-grade infrastructure [11] Market Dynamics - There is a growing corporate appetite for stablecoin solutions, with Bastion positioned to meet the demand for regulated stablecoin infrastructure from large enterprises [7][9] - Recent developments in the financial sector, such as the launch of euro-denominated stablecoins and national stablecoin pilots, underscore the shift of stablecoins into a corporate-driven infrastructure layer [8][9] - The evolving regulatory landscape, including frameworks like the EU's MiCA and the U.S. GENIUS Act, may enhance Bastion's role as a critical intermediary in the digital asset space [13] Future Outlook - The key challenge for Bastion will be scaling its infrastructure to meet the compliance, security, and volume requirements of global corporations [12][14] - If successful in capitalizing on corporate demand, Bastion could emerge as a foundational player in the next stage of the stablecoin economy [14]
Netflix’s New #1 Movie In Its Top 10 List Is Absurd At This Point
Forbes· 2025-09-24 15:22
Core Insights - KPop Demon Hunters has achieved unprecedented success on Netflix, reclaiming the 1 spot in the Top 10 list three months after its release, a feat not seen with previous record holder Red Notice [4][6][5] - The film is now considered Netflix's new leading intellectual property (IP) following the conclusion of Squid Game and the impending end of Stranger Things [7] Industry Developments - Sony Pictures is negotiating with directors Maggie Kang and Chris Appelhans for a sequel, with discussions ongoing about the sequel being released on Netflix [9] - A potential short prequel titled "Debut: A KPop Demon Hunters story" is rumored but has not been officially announced [9] - KPop Demon Hunters is a strong contender for the Oscars, particularly in the Best Animated Feature and Best Original Song categories, with its song "Golden" reaching 1 in multiple markets, including the Billboard Top 10 [9] - Fortnite is planning a collaboration featuring KPop Demon Hunters skins, indicating a rapid integration of the new IP into popular culture [9] - Netflix has introduced officially branded KPop Demon Hunters Halloween costumes, further expanding the franchise's merchandise offerings [9]
Scarlett Johansson Discusses Her ‘Eleanor The Great’ Directorial Debut
Forbes· 2025-09-24 14:00
Director Scarlett Johansson on the set of her "Eleanor the Great" film.Sony Pictures Classics“I am taking a little bit of time to have some perspective to understand, not only what is going to be fulfilling for me as an artist, but also what audiences want to see - how audiences want to watch movies.” That is how today’s top movie star Scarlett Johansson feels about her ever-evolving Hollywood career. Starting out in the business at a rather young age, she has remained a consistent box office draw - from he ...
2025年亚洲品牌500强发布 中国入选品牌最多
Xin Hua Cai Jing· 2025-09-24 08:28
Group 1 - The core viewpoint of the report is that the 2025 Asia Brand 500 list features brands from 20 countries and regions, with Toyota, State Grid, and Samsung occupying the top three positions [1] - China has the highest representation with 217 brands, accounting for 43.40% of the total, followed by Japan with 129 brands and South Korea with 45 brands [1] - The report indicates a shift in global consumer trends, with increases in the number of brands from the finance, automotive, and retail sectors, while information technology, media, and food and beverage sectors saw declines [1] Group 2 - The finance sector has the most brands represented, totaling 71, followed by information technology with 49, media with 44, food and beverage with 41, and automotive with 28 [1] - Consumer loyalty varies significantly across countries, with Japanese consumers showing the highest loyalty at 84%, followed by South Korea at 73%, and mainland China at 71%, which has increased from 36% over the past decade [2]
Move over big bosses, broadcasters now have locals in charge
The Economic Times· 2025-09-23 18:27
Core Insights - Broadcasters are shifting focus from international reality shows to home-grown non-fiction formats to manage costs and enhance audience engagement [8][6] - The investment in original formats allows networks to adapt shows across regional markets while retaining monetizable intellectual property (IP) [8][6] - Non-fiction formats are seen as more sustainable in the long run due to their adaptability and ability to attract a wider demographic [6][8] Company Strategies - Zee Entertainment is expanding its programming slate with new shows like Chhoriyan Chali Gaon and reviving Jeena Isi Ka Naam Hai, while also investing significantly in weekend non-fiction across its regional network [8][7] - JioStar is focusing on home-grown IPs, such as Pati Patni Aur Panga, to create mass-appeal properties and enhance creativity [7][8] - Sony Pictures Networks India is nurturing in-house properties like Super Dancer to reduce reliance on external IP, despite still depending on shows like KBC and Shark Tank India [8][6] Industry Trends - Regional players are experimenting with new genres, including music, dance, and cooking, to diversify their offerings [2][8] - Streaming platforms generally prefer international franchises, but Netflix is making efforts to localize content for tier-2 and tier-3 markets with shows like The Great Indian Kapil Show [4][8] - Experts highlight that non-fiction formats can lead to higher revenues through advertiser interest and quicker turnarounds compared to fiction [6][8]
‘Karate Kid: Legends’ Arrives On Netflix This Week
Forbes· 2025-09-23 16:22
Core Insights - "Karate Kid: Legends" is a new film featuring Ralph Macchio, Jackie Chan, and Ben Wang, which debuted on Netflix after a theatrical release [2][3] - The film follows the story of Li Fong, a kung fu prodigy who moves to New York City and faces challenges from a local karate champion while preparing for a major competition [3][4] - Directed by Jonathan Entwistle, the film also includes a notable cast with Joshua Jackson, Sadie Stanley, and Wyatt Oleff [4] Film Release and Streaming Details - "Karate Kid: Legends" premiered in theaters on May 30 and became available for digital streaming on Netflix on September 27 [3][5] - Netflix offers various subscription packages, including an ad-based option for $7.99 per month and ad-free options ranging from $17.99 to $24.99 per month [5] Cast Insights - Ben Wang expressed his excitement about starring alongside his childhood hero, Jackie Chan, highlighting the surreal experience of working with such a significant figure in action cinema [6][7] - Wang's character, Li Fong, required him to perform challenging fight moves, which he found both daunting and exhilarating [8][9]
Bungie’s ‘Marathon’ Not At Sony’s New State Of Play, Next Look Months Away
Forbes· 2025-09-23 14:26
Core Insights - Sony announced a new PlayStation State of Play event featuring over 35 minutes of reveals, but Bungie's Marathon will not be included, despite its original release date being today [3] - The earliest potential update for Marathon is now expected in November, following a significant period of silence from Bungie regarding the game's development [4][5] - Sony's CFO indicated that the launch of Marathon is anticipated within the current fiscal year, ending March 31, 2026, but this is not a firm commitment [5][6] Development Status - Bungie is currently conducting closed alpha tests under NDA, likely in response to previous negative feedback from an earlier, unfinished alpha version [4] - There are ongoing efforts to address issues related to plagiarized assets found in Marathon, although the resolution of these issues remains unclear [4] Market Implications - The potential November reveal raises questions about whether Marathon will meet Sony's fiscal year release expectations, with the CFO stating that if the launch is canceled, a valuation revision would be necessary [5][6] - Despite concerns, there is a low likelihood of Marathon being canceled at this stage, although the recent performance of another title, Concord, may be influencing Sony's confidence [6][7]
Amazon.com, Inc. (AMZN)’s Amazon Web Services (AWS), Sony Honda Mobility (SHM), and Qualcomm Announces Major Progress on SHM’s Next-Generation AFEELA Smart EV
Insider Monkey· 2025-09-22 22:36
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] Investment Opportunity - Wall Street is investing heavily in AI, but there is a looming energy crisis as AI technologies require vast amounts of electricity, comparable to the consumption of small cities [2][3] - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI data centers, making it a potentially lucrative investment [3][8] Company Profile - The company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend due to tariffs [5][6] - It possesses significant nuclear energy infrastructure assets, which are crucial for America's future power strategy, and is capable of executing large-scale engineering projects across various energy sectors [7][8] Financial Health - The company is noted for being debt-free and having a substantial cash reserve, amounting to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened with debt [8][10] - It also holds a significant equity stake in another AI-related company, providing indirect exposure to multiple growth opportunities in the AI sector [9][10] Market Sentiment - There is a growing interest from hedge funds in this company, which is considered undervalued and off the radar, trading at less than seven times earnings excluding cash and investments [9][10] - The company is recognized for delivering real cash flows and owning critical infrastructure, making it a compelling investment choice in the context of the AI and energy sectors [11][12]