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Digital nomads: Work from home becomes work from anywhere

Digital nomads: Work from home becomes work from anywhere

The pandemic has upended the way of working for millions of people that are fortunate enough to be able to work from home. For some people that's meant a full transition to WFH, for others it may mean a few days out of the office per week.

The rise of digital nomads

The more extreme version of working from home, is working from anywhere. The pandemic accelerated a trend that had been gaining popularity as early as 2018 — the idea of being a "digital nomad" — that is someone who can work fully remotely thanks to the internet, and often moves about frequently, either from city to city or even country to country (COVID permitting).

The term digital nomad was first coined back in 1997, but it's taken a lot longer to gain significant traction. There are now more than 1.1 million members to the forum r/digitalnomad on social media site Reddit — which is home to many communities including, most notably, r/wallstreetbets.

For tech-savvy workers able to work remotely, the pandemic has removed even more barriers to becoming a digital nomad. It's now fully acceptable to take Zoom calls from odd locations, and as internet connectivity continues to improve it seems inevitable that more people will decide to keep working as they travel if they can — rather than having a hard stop or reset in their career — even if it's only temporary. Any digital nomads reading this? Let us know!

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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