(M&A) Nestle Said to Pay Up to $500 Million to Buy Blue Bottle Coffee
[Investing]
2017/09/17 10:09
Nestlé Targets High-End Coffee by Taking Majority Stake in Blue Bottle. The deal highlights the continued hot streak of artisanal coffee, whose rapid growth and fanatical customer base have continued to draw big business.In 2002, James Freeman gave up on being a professional clarinetist and began pursuing his other passion, roasting coffee.Mr. Freeman started out in a 183-square-foot potting s...
Goldman Sachs - China's Artificial Intelligence Technology is Fast Catching Up to the US
[Business]
2017/09/17 10:08
Artificial intelligence (AI) will become a priority for the Chinese government, according to a new Goldman Sachs report. The report said China has the talent, data and infrastructure needed to fully embrace AI. China's AI sector includes large internet companies Baidu, Alibaba, Tencent and Didi Chuxing.China has the resources and ambitious top-down plans to potentially create an intelligent eco...
(Video) Daimler Invests Israel's Fast-Charging Battery Startup, StoreDot
[Investing]
2017/09/17 10:07
Daimler led a $60 million founding round for an Israeli start-up that produces fast charging batteries. StoreDot claims its FlashBattery technology can charge electric vehicles in five minutes. The start-up also said its batteries allow an electric vehicle to travel for more than 300 miles once fully charged.Daimler AG’s truck division is investing in Israeli battery-technology startup StoreDo...
Cord Cutting Is Expected to Nearly Double Over the Next 4 Years, Eroding the TV Ad Market
[Consumer]
2017/09/17 10:06
Pay TV audience will decrease 10% by 2021. By 2021, there could be almost as many cord cutters as cord-nevers in the U.S.U.S. TV viewers are cutting the cord even faster than anticipated, according to eMarketer, which is reducing its estimates for U.S. TV ad spending.This year, U.S. TV ad spending, which includes live TV and video on demand, will be up just 0.5 percent, to $71.65 billion, accor...
Award-Winning Startup Turns Fruit Waste Into Natural Cosmetics - FRUU
[Product]
2017/09/17 10:05
UK company FRUU creates vegan-friendly lip balms using organic fruit and plant ingredients derived from post-consumer waste.Sustainability has become an important issue for companies in recent years, with many adopting greener methods as part of their business plan. Recent examples include a Japanese airline that is working with environmentalists to turn clothes into fuel and a unique seawall d...
Stone Island's 'Ice Knit' Changes Color in the Cold
[Product]
2017/09/17 10:04
Thermo-sensitive sweaters change color in the cold, But are they fashionable? Stone Island likes to bring technology to its fashion lines, like the strangely compelling AirPod pockets sown into its Fall/Winter collection we saw last month. Now the fashion concern has a new sweater that changes color depending on the temperature. The garment is called Ice Knit, with an outer layer made of thermo...
(Infographic) The Influence of ‘Corpsumers’ Who Care as Much About a Brand’s Values as Its Products
[Consumer]
2017/09/17 10:03
The buying bloc is more populous than millennials and moms. The majority of corpsumers broadcast their support or distaste for brands.For some people, choosing a new car or deciding where to shop for groceries is a matter of value. For others, it begs more questions: How do those companies treat their employees? What’s their stance on philanthropy? How eco-friendly are they?More than a third o...
(PDF) PwC : The 2017 Strategy& Digital Auto Report
[Business]
2017/09/14 10:20
Fast and Furious: Why making money in the roboconomy is getting harder.OEMs, suppliers, and dealers will see their share of industry profits cut to just half, from a current 85% share, by 2030 as the digital auto revolution creates intense competition and squeezes margins. Chief executives will have to make tough choices between becoming “thin specialists” or going broad in the mobility marke...
It’s Not Hard to Beat Rolex, Apple
[Product]
2017/09/14 10:20
A collective Internet gasp went up yesterday when, once again, the Apple Watch beat most major watch companies in terms of revenue. It’s not surprising not that the Apple Watch outsold Rolex and Omega and other luxury watch makers. What is surprising is that Rolex and Omega are still fighting this losing battle.Think about the Rolex market, for example. While I would wager that almost every Ro...