Berkshire Hathaway is the World’s Second-Most Profitable Firm
[Investing]
2020/03/04 09:08
ON FEBRUARY 22ND Warren Buffett reported that the conglomerate he runs, Berkshire Hathaway, earned net income of $81.4bn in 2019. That makes Berkshire, America’s biggest non-tech firm by market value, more profitable than any other company anywhere bar Saudi Aramco, an oil giant. Yet after years of mostly level-pegging or outperforming the broader market, Berkshire’s shares did only one-third...
Amid Coronavirus Outbreak, UV Sanitizing Startups See Surge In Sales
[Business]
2020/03/04 09:07
While the new strain of coronavirus is causing disruptions to the travel industry and broader economy, heightened concerns about germs are contributing to a surge in sales for some startups in the disinfecting space.Zoom Communications, which makes video conferencing software, gained more users so far this year than it did in all of 2019, according to Bernstein Research. Sales of Bath and Body...
Visualizing the 50 Most Innovative Fintech Startups
[Investing]
2020/03/04 09:06
Researchers at Wharton found that while people walk into a bank branch once or twice a year, they check their bank’s mobile app 20 to 30 times a month. Fintech, or “financial technology,” has changed the way we use financial services, and the market is only growing.Online payments processor stripe recently raised another $250 million in funding, with no plans to go public.Real estate company...
Algorithm Prepares Self-Driving Cars for Winter Driving
[Tech]
2020/03/04 09:05
Taking algorithms for autonomous vehicles from sunny days only can be dangerous. Unlike most training datasets, the algorithm is based on scans of icy, snow-covered Canadian roads.A collaboration between the University of Toronto, the University of Waterloo and Scale AI has released data that will help train future self-driving cars to handle the challenges of winter driving. The dataset acts a...
A Winner of the A’ Design Award 2019 - The Shiny Movie Ticket
[Design]
2020/03/04 09:04
Technically, the Shiny Movie Ticket is a winner of the best idea of the last decade (rather than the decade we’re currently in), since it won the A’ Design Award in the year 2019.Picture this. You buy your ticket, a stub of white paper with black ink printed on it. You take said stub into a movie hall, presumably when the previews are playing. The problem is that now you enter a dimply lit ha...
(Infographic) The Most Innovative Economies in 2020
[Investing]
2020/03/04 09:03
Innovation was again a front-of-mind theme in Davos at the World Economic Forum’s annual assembly of political and business leaders in 2020.The global conversation centered around the ability of countries to innovate in the face of changing times. An economy’s response to megatrends, such as tech breakthroughs and the risks of climate change, can dictate its long-term success.Today’s chart i...
(Patent) Google Files a Patent Application for Interchangeable Eyewear/HMD Assembly with a Quick Release Mechanism
[Tech]
2020/03/03 09:10
US patent application 20200064639 describes a head-mounted device (HMD) that includes a central frame support and a removably connected optics arm. The optics arm has first and second free ends that are connected to a second end of the central frame support at a point between the first and second free ends. The optics arm extends away from the central frame support and is configured to present...
(PDF) Deloitte - Intelligent Clinical Trials : Transforming Through AI-enabled Engagement
[Business]
2020/03/03 09:09
Artificial intelligence can reduce clinical trial cycle times while improving the costs of productivity and outcomes of clinical development. This report is the third in our series on the impact of AI on the biopharma value chain.Why clinical trials must transformTRADITIONAL ‘linear and sequential’ clinical trials remain the accepted way to ensure the efficacy and safety of new medicines. How...
(Video) Air New Zealand Developing Bunk Bed-Style Sleeping Pod for Economy Flyers
[Design]
2020/03/03 09:08
Air New Zealand has filed a patent application for the Skynest sleeping pod, which would allow economy passengers to stretch out and during long-haul flights.One pod contains a total of six beds, arranged into two bunks with three levels each. The beds themselves are 200 centimetres long, 58 centimetres wide and are completely flat.Skynest was developed over three years of research and developm...
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