(Video) SoftBank Leads a $120 Million Round for Insurance Startup Lemonade
[Investing]
2017/12/21 10:26
The SoftBank Group has finally made a good tech investment around real estate.After investing $4.4 billion in what is essentially a bespoke office space rental business (WeWork) and another $450 million in Zillow for rich people (Compass), the gargantuan Japanese tech investor is leading a $120 million round of funding for Lemonade, a startup providing renters and homeowners insurance.Additiona...
8% of Americans Say They Own a Drone, While More Than Half Have Seen One in Operation
[Consumer]
2017/12/21 10:26
Drones are catching on as consumer goods. As of mid-2017, 8% of Americans say they own a drone and 59% say they have seen one in action, according to a Pew Research Center survey. But while drones – that is, aircraft without on-board human pilots – are more prevalent than they were a few years ago, many have reservations about where and under what circumstances their use should be allowed.The...
(Video) Caliburger Wants You to Order Burgers with Your Face
[Product]
2017/12/21 10:26
This kiosk recognizes your face and brings up past orders instantly.A restaurant chain in the United States is testing out an AI-enabled self-ordering kiosk that uses facial recognition to identify customers and recall their favorite food orders. Is this the future of fast food ordering or a weird gimmick that people will not embrace?Restaurant chain Caliburger is no stranger to new technology....
The FAMILY Water Purifier
[Design]
2017/12/21 10:25
As simple as it might seem, the many different ways people enjoy their water are complex in variety! The FAMILY water purifier was designed with this in mind to ensure everyone in your family is staying hydrated just how they like.Each family member gets a dedicated smart cup that is identifiable by the primary unit. When placed under the nozzle, the user is identified along with their water pr...
(PDF) Deloitte - 2018 Banking Industry Outlook
[Business]
2017/12/20 09:21
Six themes driving banking industry trends.For 2018 and beyond, banks must contend with multiple challenges tied to regulations, legacy systems, disruptive models and technologies, new competitors, and a restive customer base while pursuing new strategies for sustainable growth. Our 2018 Banking Industry Outlook examines the six macro themes—from customer centricity to cyber risk—facing each...
MIT Fast 3D Printer is Ten Times Faster Than Commercial Counterparts
[Tech]
2017/12/20 09:21
MIT engineers have developed a desktop 3D printer that performs ten times faster than existing commercial counterparts. the most common printers may fabricate a few LEGO-sized bricks in one hour, whereas the new design can print similarly sized objects in just a few minutes. The key to the team’s nimble design lies in the printer’s compact printhead, which includes two speed-enhancing compone...
(Infographic) What The Most Profitable Companies Make Per Second
[Investing]
2017/12/20 09:20
Imagine that for every second that passes, your bank account inches up $1. You’d be making $60 per minute, or the equivalent of $86,400 in a day. Over the course of a year, you’d roll in a solid $3.2 million of profit.[click to enlarge]While this would be prolific for almost any person or company in the world – the truth is that for many of America’s top companies, this amount of profit wou...
Smartphones (and Apple) Dominate Photography
[Consumer]
2017/12/20 09:20
The ubiquity of smartphones and their increasingly capable cameras has not only led to a boom in digital photography but also to a rather steep decline in digital camera sales since 2010. According to new data published by photo-sharing platform Flickr, smartphone cameras accounted for 50 percent of all pictures uploaded to the site in 2017. What’s even more impressive though is that Apple’s...
Facebook’s AI Will Tell You When Any Picture of Your Face Gets Uploaded
[Tech]
2017/12/20 09:20
The social network is extending the tentacles of its already powerful facial recognition algorithms. The Washington Post reports that Facebook is rolling out three new facial recognition features today. They will:— Describe who is in a picture to visually impaired people.— Alert you if anyone uses your likeness in a profile photo.— Notify you whenever the site’s AI sees an image of you uplo...