It turns out you can teach an old company new tricks. PwC launched a new 'digital fitness app' to help employees test their knowledge of emerging technologies. Tom Puthiyamadam, Digital Global Leader at PwC, was with us to explain why the company is placing such an emphasis on digital fitness.
The app can be used by employees at companies to help gauge their understanding of fitness by using emerging technologies. It tests your current knowledge and delivers tips for improving. Puthiyamadam shared that his assessment revealed that he had room to improve in data analysis, one of the highly coveted skills in the current job market.
PwC also released a Digital IQ Survey that revealed 63% of business leaders say the lack of skilled teams was a key obstacle to digital innovation in 2017. He also shared that 80% of CEOs strongly agreed they need to strengthen their own soft and digital skills.
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Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.