The Latest at Forbes Monaco

Pfizer released three separate laboratory studies Tuesday showing its antiviral drug Paxlovid is effective at treating the omicron variant of the coronavirus, amid uncertainty over whether some other common Covid-19 treatments work…

In October of 2021, the word “metaverse” transformed from a niche concept describing the futuristic fantasies of a select group of technology enthusiasts to the hottest topic in business, finance and entertainment. The…

“Everydays: The First 5,000 Days,” a piece of digital artwork, finds itself alongside paintings made by the likes of Picasso, Rothko, van Gogh and Monet as one of the most expensive art pieces sold at an auction in 2021, a year…

Article first published in October/November Forbes Monaco issue. The world’s most valuable resource is no longer oil,” The Economist declared in May 2017, “but data.” In the first quarter of that year,…

Two months after its buzzy name change from Facebook, Meta announced a further leap into the “metaverse” Thursday, making the beta version of its multiplayer virtual reality game downloadable to all American…

In 2020-2021, we witnessed a boom in the digital assets DeFi (decentralized finance), NFT (non-fungible tokens) and other blockchain technologies. The industry performed a growth of over 300% in 2020, and 600% so far in 2021. Together with…

There are two topics that affect our lives whether we are interested in them or not: money and health have a special influence on a person. These two issues affect our thoughts, actions and surroundings. The result of human interaction with…

A team of U.K. researchers announced Tuesday they are investigating whether vitamin A nose drops can help coronavirus patients recover their lost or altered senses of smell, a common symptom of Covid-19 and other viral infections that can linger…

Though it's been one of the year's fastest-appreciating cryptocurrencies, Solana's sol token has given up much of its massive gains this week, plunging more than 35% from last week’s record high following a network outage…

The push to roll out Covid-19 booster shots is not being driven by sound scientific evidence, according to a group of international researchers writing in the theLancet medical journal Monday, who said available evidence shows…

Thanks to a great deal of scientific research over the years, it’s been undoubtedly proven that an extensive network of friends and regular social interaction boosts both happiness and life expectancy among humans. Unfortunately for the…

Monaco Cloud, the Monegasque sovereign cloud, will launch this year, facilitating the development of new digital services including the smart city, e-health, e-education and e-government. It will also allow the Principality’s businesses…

Pfizer’s Covid-19 vaccine is significantly less effective at preventing infection with the Delta variant than previous strains of coronavirus, data from Israel’s health ministry suggests, the latest setback as countries around the…

How To Prepare Your Luxury Hospitality Business For A Successful Summer 2021 2020 was an unprecedented year for everyone in the luxury hospitality sector, but market predictions show that business will rocket in summer 2021, with the excitement…

A Virgin Galactic plane reached the edge of space Saturday morning and successfully landed back on Earth, the company’s first manned test flight to space in more than two years, bringing Virgin Galactic a step closer to its goal of flying…

The pandemic has not put the breaks on the future of the electric car era. The Covid crisis and associated lockdown measures brought everyday life and mobility across the globe to a standstill. The absence of commuters as people…

Article first published in Forbes Monaco March/April 2021 issue. Sculptor Anthony James shines light in Opera Gallery’s online viewing room. In troubled times, art always was a gateway—a path towards solace, contemplation,…

As Governments around the world attempt to reopen travel and kickstart their economies many are looking at so-called “vaccine passports” or “green travel passes” that could allow people who have been inoculated against…

The European Medicines Agency has authorized Johnson & Johnson’s one-shot Covid-19 vaccine Thursday, the fourth to get the green light for use across the 27-nation bloc that has struggled to get its vaccination…

British officials celebrated Monday as the country accelerated its Covid-19 immunization campaign will the rollout over 500,000 doses of the newly-approved vaccine developed by pharma giant AstraZeneca and the University of Oxford, with health…

Apple is intensifying long-standing efforts to beat Google at its own game by building its own rival search engine technology, the Financial Times report, as U.S. antitrust regulators hone in on the search engine giant for allegedly…

Nokia will build the first cellular network on the moon as part of a NASA project intended to establish a sustainable human presence on the lunar surface. KEY FACTS - The network will be 4G, which the company says is a more robust and reliable…

Apple will no longer include a pair of wired headphones or a power adapter with new iPhones, the company announced Tuesday as it unveiled the iPhone 12, in an effort to cut down on packaging and reduce emissions. KEY FACTS - The iPhone 12 will…

Facebook will soon allow people on the social media platform to send direct messages to Instagram users and vice versa, the social media giant said in a blog post, signaling the first step in the company’s plan to unify messaging…

With 150,000 courses ranging from how to win at online poker to principles of quantum mechanics, online education startup Udemy is thriving during the pandemic. Gregg Coccari feels torn. It’s early June, and the coronavirus pandemic has…

Just 17 minutes before takeoff, NASA called off the historic launch of a crewed SpaceX rocket due to potentially stormy weather in the shuttle’s flight path—but officials hope to reschedule the launch on Saturday or Sunday. KEY…

The answer is maybe, yes; The U.K. has invested about $600,000 to determine whether drug-sniffing dogs can be trained to smell COVID-19 while a small California-based company has partnered with airplane manufacturer Airbus to bring…

Boston biopharmaceutical Moderna announced Monday that “positive” data was collected from an early-stage human trial of a coronavirus vaccine, with all 45 participants producing COVID-19 antibodies⁠—and…

Public vaccine company Novavax announced today that it will receive up to $388 million from the Coalition for Epidemic Preparedness (CEPI) to continue development and manufacturing of its COVID-19 vaccine candidate. KEY FACTS - The company…

The theory COVID-19 originated in a laboratory in Wuhan, China —  and not naturally in wildlife — has emerged as an explosive claim pitting scientists, who remain skeptical of the claim, against Trump administration…

The company’s billionaire CEO has secured huge grants on the promise of a new class of mRNA vaccines, but nobody really knows if they will work. From the moment the first case of what would later be called COVID-19 was announced, Moderna…

Melbourne-based biotech company Mesoblast announced earlier this week that it’s begun enrolling up to 300 patients for a randomized, controlled study of its stem cell therapy remestemcel-L in the treatment of COVID-19 patients…

The Office of the Director of National Intelligence released a statement on Thursday saying the U.S. intelligence community "concurs with the wide scientific consensus that the COVID-19 virus was not manmade or genetically modified,"…

Trump spent much of his Thursday White House briefing contradicting his health experts and bashing the media, particularly around his suggestion that scientists should investigate whether they could inject COVID-19 coronavirus patients with…

As coronavirus cases surged worldwide in March, Fitbit observed a global decline in physical activity among its 30 million activity tracker and smartwatch users. As governments implemented shelter-in-place orders, the company recorded…

It’s been just over a month since President Trump announced a national emergency in response to the spread of COVID-19, the virus now believed to have claimed the lives of more than 25,000 people across America.  The president pledged…

On Monday, February 4, Prince Albert visited Google’s hometown of Mountain View to meet with company executives, including chief legal officer Kent Walker, and discuss possible areas of collaboration with the Principality. Along with…

On January 23, an international award will make its debut in Monaco at the Yacht Club. The MDO.Montecarlo Prize will serve as international recognition for the world’s best companies that stand out for innovation, technology, design and…

Technion, Israel’s Institute of Technology founded in 1912, now has an association to Monaco. The public research university has nominated Irina Alekseeva-Laïk as the first representative of Technion in Monaco. “I’m delighted…

How one Monaco company identifies with facial recognition. Facial recognition technology is everywhere nowadays, from mobile police vans and border crossings to shopping centers and university campuses. According to Research and Markets, the…

There’s no plan B because there’s no planet B, Ban Ki-moon says at CleanEquity Monaco. Leaders from the private sector need to push governments to increase their actions on global climate issues. EVERY MARCH, SOME 180 DELEGATES…

Monegasques love their boats. Polo is nice, too—and Formula One can be pretty exciting. But the latest ride for thrill-seekers is out of this world. When it comes to bragging rights, the super-rich don’t think twice about splashing…

MonacoTech, the incubator and accelerator startup program cofounded by billionaire entrepreneur Xavier Niel, Monaco Telecom and the Monaco government, took flight in November 2017. Its 800-square-meter coworking space (complete with…

Technology tells the story of the country's $2.3 billion land extension project. The Knight Frank Wealth Report in 2017 stated that $1 million buys you 17 square meters of luxury real estate in Monaco. And while there’s no shortage…

Monaco's busiest architect Alexandre Giraldi sees building boom rising higher and higher. Monaco may be the world’s second smallest country but property developments continue to boom with buildings rising higher and higher. For…

How our oceans are driving the European economy through innovation and sustainable growth. The so-called oyster luge, slurping the brine of the bivalve followed by a smoky sip of single malt scotch, has become something of a stealth hit…