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5 Things You Need To Know, Today, on Friday 27th August 2021
5. A 12-year-old boy from London has made about £290,000 during the school holidays, after creating a series of pixelated artworks called Weird Whales and selling non-fungible tokens (NFTs).
With NFTs, artwork can be "tokenised" to create a digital certificate of ownership that can be bought and sold.
4. Apple chief executive Tim Cook has received more than five million shares in the technology giant, as he marks ten years in the job.
A company filing with the US Securities and Exchange Commission (SEC) watchdog shows that he sold most of the shares for more than $750m (£550m).
3. The fitness bike maker Peloton is to slash the price of its flagship bike as people head back to the gym and do less exercise at home.
The US firm will cut the price of its less expensive Bike machine by about 20% to $1,495 (£1,090) from Thursday.
2. The boss of three UK airports has said the changes to the travel traffic light system will make "little difference" to the recovery of the travel industry.
Charlie Cornish, of Manchester Airports Group, said the UK was lagging behind Europe's recovery due to testing rules.
1. The UK has lost 83% of its main department stores in the five years since the collapse of the BHS chain.
The data, compiled by commercial property information firm CoStar Group, also reveals that more than two-thirds of these shops remain unoccupied meaning some 237 big stores have yet to be taken over by a new business.

