Goldman Issues a Warning on Bitcoin—And an Even Bigger Warning on Ethereum
[Investing]
2018/01/24 16:34
Goldman quotes historian on ‘tulip bubble’: ‘Our descendants doubtless will laugh at the human insanity of our Age’The chorus of bitcoin bears is growing louder by the day.The latest to issue a stern warning against the world’s largest digital currency is Goldman Sachs’s investment management division, which wrote that there is “no doubt” that the cryptocurrency’s astronomical rise ove...
Why People Are Buying More Expensive Smartphones Than They Have in Years
[Consumer]
2018/01/24 16:34
The average selling price for a smartphone is now $363.The average smartphone price rose 10 percent last quarter compared to a year earlier— the fastest price increase to date. That brings the global average smartphone price to $363, according to customer checkout data from market research firm GfK.For years, the price of smartphones has declined, as a slew of lower-priced iPhone competitors e...
New Report on Self-Driving Cars Ranks Tesla Dead Last
[Business]
2018/01/24 10:27
A few years ago, Tesla seemed to be leading the race to develop self-driving cars. The company had rolled out a lane assistance feature, dubbed AutoPilot, leading to controversy related to the use of that name and overall consumer expectations of what a product labeled “AutoPilot” could reasonably achieve. Now, a new report from Navigant Research has dropped, rating the relative positions of...
(Video) FallSkip Lets Seniors Know If a Fall is in Their Future
[Tech]
2018/01/24 10:27
The FallSkip device is attached to the waistband.Nobody likes falling down. For the elderly, however, doing so can cause serious injuries from which they never fully recover. What's preferable is for them to avoid getting hurt in the first place – and that's why the FallSkip system was created.Designed by a team at Spain's Universitat Politècnica de València, FallSkip consists of an Android-...
Leandro Erlich Twists Le Bon Marché's Famed Escalator Into Pretzel-like Form
[Design]
2018/01/24 10:26
Internationally renowned for his deep and poetic site-specific works, argentine artist leandro erlich has unveiled the ‘sous le ciel’, or ‘under the sky’ installation at paris’ le bon marché. Following pieces by ai weiwei in 2016, and edoardo tresoldi and chiharu shiota in 2017, this is the fourth time the store has invited a contemporary artist to intervene the interiors of its 19th cent...
(Infographic) How Blockchain Will Protect Your Driverless Car
[Tech]
2018/01/24 10:26
Once a distant dream, driverless vehicles are quickly becoming a reality. So what’s keeping autonomous vehicles off of public roads? Right now, it largely boils down to cyber-security. After all, some modern vehicles have already been targeted by hackers. A highway dominated with driverless cars would need to be impenetrable by cybercriminals before it could be deemed safe.Luckily, the emergin...
(PDF) Oxfarm Report : The 1% Grabbed 82% of All Wealth Created in 2017
[Investing]
2018/01/23 17:20
Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today. The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.‘Reward Work,...
Here Are All The Theories Explaining The Crypto Market Crash
[Investing]
2018/01/23 11:17
The cryptocurrency market has lost $340 billion of value since the start of January, with a severe sell-off on Tuesday and Wednesday. Analysts are variously blaming: concerns about regulation, light trading volumes in Asia, bitcoin futures, and an unsustainable price run-up. Expect the volatility to continue this year, experts say.Bitcoin on Wednesday dropped below $10,000, almost 50% below its...
New Paint Transforms Sun’s Rays Into Cool Air-Conditioning - Solcold
[Tech]
2018/01/23 11:17
SolCold’s nanotech coating is a potentially game-changing electricity-free solution for cooling buildings or equipment in intensely sunny climates.Coating materials that protect against fire, water or extreme temperatures are nothing new. But an Israeli high-tech paint doesn’t just protect surfaces from the sun. SolCold actually uses the sun’s power to activate a cooling mechanism, effective...
Mastercard's Start Something Priceless Campaign Focuses on Giving
[Business]
2018/01/23 11:17
The Mastercard Start Something Priceless campaign is the first change the company has made to its ads in two decades. For 20 years, the Priceless campaign has been Mastercard's staple ad, focusing on incredible moments and celebrating them. While the campaign has served Mastercard for so long, the change in focus seems to be a push in a direction that is more aligned with modern consumers. The...
An Artificial Synapse Could Make Brain-on-a-Chip Hardware a Reality
[Tech]
2018/01/23 11:16
Design is major stepping stone toward portable artificial-intelligence devices. When it comes to processing power, the human brain just can’t be beat.Packed within the squishy, football-sized organ are somewhere around 100 billion neurons. At any given moment, a single neuron can relay instructions to thousands of other neurons via synapses — the spaces between neurons, across which neurotran...
Global Top Selling Smartphones – November 2017
[Business]
2018/01/23 11:16
After a steady start, Apple picked up in November with sales of the iPhone X. Apple recorded its best ever iPhone sales (Sell through), in a single month in the USA in November 2017. According to the latest research from Counterpoint’s Market Pulse December Edition, Apple dominated the premium tier smartphone market. All three latest models from the company occupied the top three spots in the...
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