Luckin Coffee May Double Its Valuation With New Supergiant Round
[Investing]
2018/11/08 10:35
When Luckin Coffee raised $200 million this summer, we covered the round asking “what is Luckin Coffee, and why did it raise $200 million?” It turned out that Luckin is a quickly-expanding Chinese coffee chain, with a strong mobile ordering component.And that fast growth means it consumes lots of capital. So much so that just months after that new $200 million made Luckin a unicorn, the firm...
(PDF) eBay’s AI can Identify 40% of Credit Card Fraud Cases with ‘High Precision’
[Tech]
2018/11/08 10:35
Credit card fraud is more common than you might think. In 2014, of the 17.6 million incidents of identity theft filed with law enforcement, 86 percent of victims reported fraud in connection with an existing credit card or bank account. In fact, according to the Federal Trade Commission, credit card fraud is the most common form of identity theft in the U.S., with more than 130,000 reports of i...
Global Wealth Report 2018 : US and China in the Lead
[Investing]
2018/11/08 10:35
The US is the third richest country in the world according to Credit Suisse's 2018 Global Wealth Report. But when you take into account how much wealth the average American household has on hand, the US doesn't even make the top 10.The report showcases how bad wealth disparity in the US has become.The United States is home to more millionaires than any other country in the world. But whether th...
A Beauty Brand is Selling a $20 Tooth Polish That's Essentially Makeup for Your Teeth
[Product]
2018/11/08 10:34
Chrom is a cosmetics brand that sells "toothpolish," a product that can turn your teeth various colors for up to 24 hours. The polish is currently sold in 10 colors, though polishes can be mixed to create new shades.- While the brand does not reveal its ingredients, its founder David Silverstein told the New York Post that the product is "100 percent safe" and formulated by dentists.- According...
A Winner of the 2018 Red Dot Design Concept Award - Intelligent Housekeeping Robot
[Design]
2018/11/08 10:34
Don’t be deceived by the name, this adorable robot isn’t going to clean your floors, but it might be able to control another device that does. It’s called the IHR (Intelligent Housekeeping Robot) and its primary function is to act as a central hub that can manage all your smart devices efficiently.Using a mobile app, home users can sync up everything from floor vacuums and nanny cams to alar...
(PDF) Capgemini - Disrupting the Retail Industry with Blockchain
[Business]
2018/11/07 10:48
Blockchain technology offers traceability and transparency that can potentially help eradicate some of the challenges faced by the retail industry and deliver trust and value to customers.The retail industry is continually being reshaped by innovative and emerging technologies. Take, for example, the trend of Conversational Commerce and smart digital stores. Over the past few years, new solutio...
Designing the Cannabis Industry : How a Market for Marijuana is Growing Fast
[Design]
2018/11/07 10:47
2018 is shaping up to be a big year for medical and recreational marijuana. constellation brands, an international producer of drinks like corona, modelo, and svedka, made a $4 billion investment into the legal weed market. Last month cresco labs raised $100 million in private investment and signed ex-nike lead designer scott wilson as chief experience officer. even coca-cola at one point has t...
(PDF) DextrES Haptic Feedback Glove Lets You Touch the Virtual World
[Tech]
2018/11/07 10:47
Scientists from EPFL (Ecole Polytechnique Federale de Lausanne) in Switzerland have designed a haptic feedback glove that allows you to touch and feel objects in the virtual world, which is an excellent accomplishment over using handheld controllers. This isn’t the first foray into using haptic gloves to interact with virtual objects, VRgluv, HaptX, and EXOS can accomplish the same feat (albei...
Tink Labs, Which Gives Free-to-Use Smartphones to Hotel Guests, is Raising $300M
[Investing]
2018/11/07 10:47
Tink Labs, a Hong Kong startup that develops smartphones that hotels provide to their guests for free, is raising a new round of up to $300 million to further its international footprint, TechCrunch has come to understand.The startup is in the final stages of completing the deal that could give its six-year-old business a post-money valuation of at least $1.5 billion, two sources with knowledge...
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