Chinese tourists are fueling a recovery in Asia-Pacific’s travel industry

Outbound passengers queue up to check in at Yantai Penglai International Airport on February 9, 2023 in Yantai, Shandong Province of China.  Vcg | Visual China Group | Getty Images Asia-Pacific’s travel sector is seeing strong growth, with demand for flights set to match pre-pandemic levels this year — thanks to Chinese tourists. The region’s … Read more

Female creators and UGC content dominate the influencer marketing industry, report finds

Despite calls for de-influencing and digital detoxes, the social media hamster wheel shows no signs of slowing. For creators who make their money online, that’s a good thing, and insights from influencer marketing marketplace Collabstr shed light on how the creator economy could continue to provide job security for creatives in the years to come. … Read more

31 per cent of UK nightclubs closed last year, as industry demands government action

There has been a push for government action, following new statistics revealing that around 31 per cent of nightclubs in the UK were forced to close last year. The update on the escalating crisis facing nightclubs and other music venues across the UK was shared by the Night Time Industries Association (NTIA), which issued a … Read more

Spacegoods shakes up functional beverage industry with mushroom-based powders

Mushrooms are having a moment. Whether it’s in the form of a functional beverage, using the mushroom root to make alternative protein, creating leather-like materials or just the mushroom itself, the fungi is gaining an audience. Spacegoods is the latest startup to join this craze. The London-based wellness brand is tapping into functional mushrooms and … Read more

The AI Industry Has a Not So Secret Weapon: Lobbyists

Photo: Klaus-Dietmar Gabbert (Getty Images) A new report from CNBC shows that lobbyists connected to the AI industry were quite busy last year. Indeed, in 2023, AI lobbying efforts shot up 185 percent from the previous year. The analysis, which is based on disclosures provided to the non-profit OpenSecrets, shows that the long list of … Read more

A Last-Ditch Plan to Save the Crypto Industry

The book traces the following thesis: At first, the internet was open, but limited. Private companies brought interactivity to the web and grew fat on the proceeds, but that made it difficult for users to leave their networks and for competitors to enter the market. The concentration of power in the hands of Big Tech … Read more

Taiwan’s president-elect faces growing challenges with its chip industry

Lai Ching-te, who won Taiwan’s presidential election last Saturday, will be facing a crossroads in the country’s technology industry when he takes office in May. Lai’s administration will be the third term of Democratic Progressive Party rule in Taiwan, and he is widely expected to continue the work of his predecessor, Tsai Ing-wen, when it … Read more

Mass Layoffs Are Causing Big Problems in the Video Games Industry

As games like Baldur’s Gate 3, Alan Wake II, The Legend of Zelda: Tears of the Kingdom, Spider-Man 2, and so many more marked 2023 as a year of instant hits and commercial success, developers were suffering. Layoffs rolled across the industry worldwide, knocking out a reported 6,500 jobs from studios like Amazon Games, Ubisoft, … Read more

The Deadly Dangers of the Fireworks Industry: Explainer

Fireworks are used across the world to mark joyous occasions—from New Year’s Day to Lunar New Year to Diwali to the Fourth of July—but behind the boisterous crackle and brilliant flashes meant to elicit gasps and cheers from festive crowds lie immense safety risks, not just to users and environments but especially to the people … Read more

What Babbel co-founder has learned over 20 years in the language learning industry

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Markus Witte, the co-founder of the language learning platform Babbel. Witte spoke to the duo about being early to the online language industry and how the company has survived these past 20 years of market disruption. He also … Read more