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Meta, MV Werften, Djokovic, Ford, Apple

2022-01-10T22:27:24.949Z


Every evening we summarize the most important economic news of the day. Today with a real gold rush in the digital metaverse, a bitter shipyard bankruptcy in Germany and a fabulous numbers game at Apple.


Is your house already in the

metaverse

?

The question is less crazy than it sounds.

More and more people and companies are floating around in the virtual parallel world, in which Facebook boss

Mark Zuckerberg

alone invested ten billion dollars last year.

The result of the hype: Land prices are skyrocketing in the digital afterlife, just like in real life.

There is no shortage of ideas to earn real money in the virtual world. Resourceful companies such as the US company

Matterport are

already measuring real buildings with 3-D cameras in order to then digitally recreate them. This can have advantages: For example, if you want to completely rearrange your home, you can first have a virtual test of your avatar ego on the new sofa before you get a herniated disc while moving your furniture.

In addition to Facebook - sorry, they are now called "Meta", of course - numerous corporations are helping to create the Internet of the future.

The software giant

Microsoft

, for example, is working on a parallel business world with its 3-D conference software "Mesh".

So you can stay relaxed in the home office in the future and send your avatar to the office.

Gaming companies like

Roblox

or chip manufacturers like

Nvidia

are also investing heavily.

If you are already planning your move to the virtual world or at least want to invest your money there - we have a few tips for you which builders of the Metaverse already offer real potential returns.

The economic news of the day:

  • Victory on points for Djokovic:

    Serbian tennis professional

    Novak Djokovic

    is allowed to leave his quarantine hotel and travel to Australia, although he has not provided proof of vaccination against the corona virus. For the government, the decision of the court in Melbourne is extremely embarrassing. It's a slap in the face for many people who have been separated from their families for months because of the pandemic. Djokovic will now probably be able to compete at the Australian Open. It remains to be seen whether he can also score points with the audience after his controversial point victory in court.

  • Off for the MV Werften:

    The MV Werften in Mecklenburg-Western Pomerania have filed for bankruptcy.

    This means that 1900 shipyard workers in Rostock, Wismar and Stralsund lose their jobs for the time being.

    The federal government and the state wanted to support the shipyard with tax money, but the Asian owner Genting Hong Kong did not go along with it.

    As a result, the shipyards' largest project will not be built for the time being: the "Global Dream I", the largest cruise ship in the world.

  • $ 280 billion in damage from natural disasters:

    Storms, fires and floods caused damage of $ 280 billion worldwide last year.

    Less than half of them were insured, reports the world's largest reinsurer Munich Re.

    Climate change is now also forcing insurers to recalculate.

  • New boss for Ford Germany:

    The automaker

    Ford

    is bundling its car business in Europe and Germany under a new management.

    Long-time Audi manager

    Martin Sander

    will take over the executive chair from the middle of the year.

What else was on our mind:

  • Big victory for Apple:

    The iPhone group can hardly go with a market value of around 3 trillion dollars in front of financial strength.

    It is all the more astonishing that

    Apple

    is still elegantly holding back in the multi-billion dollar streaming race.

    Our colleagues from the British Economist have explained

    why

    Netflix, Amazon and Disney

    are more in the spotlight when streaming and Apple boss

    Tim Cook prefers to stay backstage.

    Speaking of Tim Cook: The man has been running Apple for a little more than ten years and earned around $ 100 million last year.

    Apple's stock market valuation is up $ 2.7 trillion over the same period.

    That in turn means: During the 3800 days that Cook was in office,

    Apple

    's stock market value rose by an average of $ 700 million EVERY DAY.

    Every day.

    And if you already have the calculator in hand to check that, you can also work out what would have become out of 1000 euros in Apple shares over the course of 10 years.

    With an average return of 33 percent - per year.

    The number is big enough to give Cook his astronomical income.

My recommendation for the evening:

  • From now on you can also hear this newsletter.

    You can find our

    "Der Tag" podcast

    every day from 6 p.m. on manager-magazin.de and wherever there are podcasts, for example on Spotify and Apple.

    Have a listen!

Sincerely, Kai Lange

Source: spiegel

All news articles on 2022-01-10

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