(M&A) Coupang to Acquire the Business and Assets of Farfetch Holdings
[Investing]
2023/12/19 09:08
Coupang, Inc, a leading global retailer, today announced plans to acquire the business and assets of Farfetch Holdings plc, a top online luxury company. This acquisition positions Coupang as a leader in the $400 billion global personal luxury goods segment.“Farfetch will rededicate itself to providing the most elevated experience for the world’s most exclusive brands, while pursuing steady an...
Gartner Forecasts Worldwide IT Spending to Grow 8% in 2024
[Investing]
2023/12/19 09:07
AI Investment Supports IT Spending Growth, But GenAI Impacts Will Not Be Felt Until 2025.Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner, Inc. While generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending growth.“In 2023 and...
Osium AI Uses Artificial Intelligence to Speed Up Materials Innovation
[Investing]
2023/12/19 09:06
While everybody is trying to figure out how artificial intelligence can be leveraged across various industries, French startup Osium AI has found an interesting use case for AI — research and development in materials science.Founded by Sarah Najmark and Luisa Bouneder, the startup raised a $2.6 million seed round from Y Combinator, Singular, Kima Ventures, Collaborative Fund, Raise Phiture and...
Gen Z’s Favorite Brands in 2023
[Consumer]
2023/12/19 09:05
People have a lot of choice when it comes to shopping brands, but Gen Z’s favorite brands may surprise you.From leisure to luxury brands, and from sporty to socially conscious (or both), a variety of brands have become more readily available thanks to online shopping. But trends, especially for younger people, remain king.What brands do today’s teens like? This graphic uses data from Piper Sa...
AI Reimagines Packaging Designs In Iconic Styles Of History’s Famed Artists
[Design]
2023/12/19 09:04
While some of us have had the fortune of admiring some of history’s greatest artworks in museums and pop-up exhibitions, what if the world had access to these iconic artists’ creativity in simple, everyday items?To reimagine what it’d be like if the packaging of common items—including tea boxes, coffee bags, and wine bottles—were designed by 10 of the most famed creative minds, we merged s...
(Infographic) The Future of Payments in a Digital Age
[Investing]
2023/12/19 09:03
It’s time to examine what the future of payments will look like. Cashless transactions are rising rapidly across the world, and in numerous forms.Learn more about the future of payments in the following infographic, courtesy of Minimum Deposit Casinos.Infographic : https://bit.ly/48gw7C2[adweek]
(PDF) Pew - Teens, Social Media and Technology 2023
[Consumer]
2023/12/18 09:10
YouTube, TikTok, Snapchat and Instagram remain the most widely used online platforms among U.S. teens.Despite negative headlines and growing concerns about social media’s impact on youth, teens continue to use these platforms at high rates – with some describing their social media use as “almost constant,” according to a new Pew Research Center survey of U.S. teens.The survey – conducted S...
(Paper) OpenAI's Breakthrough : Weak-to-Strong Generalization in AI
[Tech]
2023/12/18 09:09
We present a new research direction for superalignment, together with promising initial results: can we leverage the generalization properties of deep learning to control strong models with weak supervisors?A core challenge for aligning future superhuman AI systems (superalignment) is that humans will need to supervise AI systems much smarter than them. We study a simple analogy: can small mode...
(Infographic) Data Never Sleeps 11.0
[Consumer]
2023/12/18 09:08
Domo’s unveiled its highly-anticipated 11th edition of Data Never Sleeps. Over the past decade, Domo has tracked the world’s data usage, revealing remarkable increases in activity across various online platforms, from Instagram and X to Amazon, Venmo, and many others. The annual Data Never Sleeps infographic offers a big-picture glimpse into the immense volume of data generated on the interne...
McDonald's Uses Iconic Brown Paper Bag for Order in Campaign
[Design]
2023/12/18 09:07
Most restaurants would probably have campaigns encouraging you to go and visit their establishment and have a meal inside. But probably for fast food places, they would not like people to linger at their store and take up space.In Norway, McDonald’s customers usually eat their meals at the store or in their cars. So the fast-food chain started a campaign to encourage people to eat their favori...
AI Was The Buzzword of 2023. Which Fashion Brands Used It Best ?
[Business]
2023/12/18 09:06
Artificial intelligence tools took center stage in fashion’s tech revolution in 2023, overtaking metaverse and NFTs. Jing Daily assesses the brands that jumped on the hype.Artificial intelligence (AI) may have been the buzzword of 2023, but the burgeoning tech is here to stay.This year, brands from all corners of the fashion ecosystem employed machine learning systems to fortify their roadmaps...
(Infographic) What Customers Want From Loyalty Programs
[Consumer]
2023/12/18 09:05
Discounts aren't the only thing that keep people coming back.Build your own seamless purchase experience at Commerceweek, February 28-29. Gain strategies for consumer retention with immersive touchpoints, AI innovation and storytelling. Register now at 35% off.Inflation may be easing, but that’s little comfort to consumers dealing with an already sky-high cost of living and a looming holiday s...
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