July 2016 had lots of news in store. Less than two weeks after the historical Brexit vote, the markets have recovered, Facebook allows charities to collect money via their social media site, another Lond-based start up is reacting to Brexit and concurrently raising its funding.
Little monsters have taken over the world: Pokemon Go is getting people out of their houses in the search for Nintendo's little creatures. And while Pokemon is a rather old game, new mobile apps are popping up around the globe changing the way we pay for bills and use WhatsApp and Facebook. Similarly contrasting are the stories of Millenial and female entrepreneurs and that of a decades-old company: Yahoo has again entered a different era.
Virtual currencies, Pokemon Go, Millenials, interest rates and the Bank of England, Entrepreneurship, and companies from Facebook to WhatsApp.
Captain Finance's summary of some of the ten most interesting stories over the course of July's 31 days.
So here we are: July 2016's memorable events.
1. Millenials: The ambitious entrepreneurs attempting to combine professional success with making a real societal impact.
2. Pokemon Go will make some very rich with Nintendo being the one probably making the least amongst the biggest beneficiaries.
3. More startups news: WeSwap is reacting to Brexit and raising millions, an in-built keyboard may soon allow you to pay for bills from within WhatsApp
4. Facebook enables charities to raise money on its social media website
5. The EU may again be overshooting its target and stifle the awesome innovative virtual currency industry, while Luxembourg grants the first European bitcoin exchange license
6. The Bank of England held interest rates steady at 0.5% after Brexit.
7. The end of an era: Yahoo was sold to Verizon for almost 5 billion US dollars.
8. The Eurozone is still struggling economically. When will it see a stable uptick?
9. Pokemon Go again. Shops across your neighborhood are cashing in on the Pokemon craze.
10. Are you a female entrepreneur? Then New York is the best place for you.
