Tag: Business

  • The Secret Behind Babbel: Our Language Learning Approach Is Built On 3 Pillars

    The Secret Behind Babbel: Our Language Learning Approach Is Built On 3 Pillars

    Berlin is an international city where you’ll hear snippets of conversations in dozens of different languages on a daily. This is one reason why it’s the perfect city for Babbel’s headquarters — we are 600 language enthusiasts piling into one five-story building in the heart of Berlin. Babbel has employees from over 60 countries, speaking more languages than you can imagine, all working on one popular product in this space.

    Working here, I’m often asked how Babbel is so good at teaching people new languages. To answer this question, I decided to sit down with our own multilingual Belen Caeiro. She leads our Product Marketing team here at Babbel and knows the app inside and out. Here’s what she said about why learning a language with Babbel is so effective.

    Belen explained that she was lucky because her parents helped her get an international education. She lived in Spain, Singapore, the Philippines, the United States, and the Netherlands before coming to Berlin. Her life experience confirmed that Babbel is the right place for her:

    “I know that all the good things that have happened to me in life were possible thanks to a new language.”

    For Belen, there’s absolutely no doubt that today, probably more than ever, we must learn new languages in order to understand each other and integrate new perspectives into our way of thinking. Making this possible is the first pillar that Babbel’s learning is based on.

    “We learn a new language in order to speak it with other people. To make that possible, our product has a few special features,” explains Belen. She opened the Babbel app on her laptop and pointed to the overview of the available courses. “We categorize language learning content in Babbel into relevant topics.” Depending on the language, you’ll find cultural traits and the most common conversation topics right at the beginning. Using public transportation, ordering food, and expressing what you want —are all at the top of the list. 

    Belen points out that the learning content builds on itself, so it’s easy to stay oriented. But if you just want to refresh a few topics, you can also jump right in! Belen clicks “next” on a lesson and then on the microphone symbol: “We use our users’ feedback to continually optimize our product. Thanks to our customer service team, but also the feedback we collect in meetups, we know that our users want to practice their pronunciation. Our speech recognition feature in the product supports them in that.”

  • How to use a single dumbbell for a total-body workout

    How to use a single dumbbell for a total-body workout

    When you think about working out with dumbbells, you probably picture using a set of two, one in each hand. There are many exercises you can do with two dumbbells, but as a strength and conditioning coach, I can tell you there are just as many — if not more — you can do using just one. In fact, you can effectively train your entire body using a single dumbbell in about 10 minutes.

    Below, I’ve outlined five exercises you can do sequentially to strengthen your legs, hips, arms, shoulders and core. Read the detailed descriptions for each exercise to familiarize yourself with the cues and any needed modifications, then follow along with me in the video above as I take you through each exercise.

    The gauge was being transported by a subcontracted company, which picked it up from the mine site on 12 January to move it to a storage facility in the northeast suburbs of Perth.

    When it was unpacked for inspection on 25 January the gauge was found broken apart and the radioactive capsule was gone. One of four mounting bolts and screws was also missing.

    Authorities said vibrations during transit may have caused the bolts to become loose, allowing the capsule to fall through gaps in the casing and truck.

    This incident came as Rio Tinto tries to repair its reputation in Australia.

    In 2020, Rio Tinto blasted the 46,000-year-old rock shelters at Juukan Gorgein Western Australia to expand an iron ore mine, sparking a major outcry that led to several of the company’s top bosses standing down.

    And last year, a parliamentary inquiry found sexual harassment was rife at Australia’s mining firms after an internal review at Rio Tinto found more than 20 women had reported actual or attempted rape or sexual assault over five years.

  • The oil land with no electricity

    The oil land with no electricity

    There is a rhythm to the frenzy in this tailoring shop in the heartland of Nigeria’s oil zone.

    The whirring of four electric sewing machines snips from two industrial-sized scissors and the sizzle of moist fabric as steam billows from a large pressing iron.

    But another sounds jars as the six sweaty men work: the metallic grind of a generator. It is behind a wall to muzzle its noise, but that cannot hide its high pitch or the smoky fumes it exudes.

    “I have two of those, just in case one fails,” says Ozu Adah, a lean-muscled man with cropped hair who runs this shop in Choba, a university community in the southern state of Rivers.

    Like millions of other small business owners in Nigeria, the 37-year-old tailor cannot rely on electricity from the national grid as blackouts are common and the 5,000 megawatts distributed is only enough to serve around five million average households in urban areas.

    Most of Nigeria’s 210 million people must provide their own electricity – Africa’s largest economy is run on a variety of Chinese- and Lebanese-made generators

    “Since I was born, I have never experienced a stable power supply. We call ourselves the giant of Africa but we can’t fix electricity,” complains Mr. Adah as he works on a buttonhole. 

    Despite being blessed with large oil and gas reserves and hydro and solar resources, successive governments since independence in 1960 have failed to achieve a stable electricity supply.

    With just weeks to the next presidential election, all three front-runners – Bola Tinubu of the ruling All Progressives Congress (APC), Atiku Abubakar of the Peoples Democratic Party (PDP), and Peter Obi of the Labour Party – have listed fixing the power supply as a key point in their manifestoes.

    Though the campaign promises can sound hollow given outgoing President Muhammadu Buhari failed to deliver during his eight years in office on providing at least 20,000 more megawatts.

    Mr. Adah’s operations rely on electricity and he spends 3,000 nairas ($6; £5) every day to fuel his generator.

    But since November, there has been a widespread shortage of fuel in Nigeria, which has worsened recently, forcing many to sleep overnight in queues at petrol stations.

    He is frustrated that he lives in an oil-rich state with so little to offer its citizens.

    As a boy, he dreamed of working in the oil industry – as his father had done. But by the time he finished studying geology at the University of Port Harcourt, he was unable to find a job in that sector.

    Instead, he turned to what he saw his mother do – making clothes. She used the popular but labor-intensive manual Butterfly machines imported from China.

    Like a generation of young people forced to turn to jobs they would rather not do – he found an innovative way of pursuing it, using modern electric-powered machines.

  • Elon Musk’s Tesla lost $140m on Bitcoin in 2022

    Elon Musk’s Tesla lost $140m on Bitcoin in 2022

    Tesla made a $140m (£113.5m) loss on its Bitcoin investments in 2022, according to filings.

    The electric car maker told the US regulator it lost $204m on Bitcoin overall, though it gained back $64m through trading.

    Tesla put $1.5bn into Bitcoin in early 2021, with chief executive Elon Musk saying it would be accepted as payment.

    It changed course a few weeks later, and Tesla has since sold most of its Bitcoin holdings.

    It now holds about $184m of Bitcoin.

    Mr Musk has been among the most high-profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity.

    Tesla’s February 2021 Bitcoin purchase caused the cryptocurrency to rise in price by more than 25% to $48,000 – a record high at the time.

    It rose again in March 2021, when Mr Musk tweeted Tesla would allow customers to make their car purchases using Bitcoin. This enabled people in the US to secure orders with the equivalent of a $100 deposit in Bitcoin.

    But the cryptocurrency subsequently fell by more than 10% two months later, when the firm backpedaled on this plan, citing climate change concerns.

    According to the UK Treasury, Bitcoin’s global annual energy consumption is estimated to be roughly 39% of the UK’s – and some estimates put the cryptocurrency’s even higher.

    Its price soared to almost $70,000 in November 2022 before crashing by more than 50% when Tesla decided to offload most of its holdings.

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