State of Digital Health Q2’24 Report
[Investing]
2024/07/19 09:04
Funding in digital health drops, but larger check sizes and an uptick in exits highlight bright spots for the industry in Q2’24.Investor dollars in digital health slowed in Q2’24, while deal volume dropped to its lowest quarterly level since 2014.Amid the decline, investors have shifted their focus to writing fewer, larger checks for more mature companies in the digital health ecosystem. Mean...
FlyNow e-Copter Concept Wants to Revolutionize Urban Air Mobility
[Design]
2024/07/19 09:03
Coming from an Austrian start-up, FlyNow promises a fleet of electric helicopters that will transport guests around a 600-hectare site in Riyadh during World Expo in Saudi Arabia in 2030. This ambitious FlyNow e-Copter plan came from FlyNow co-founder and COO Yvonne Winter, this news was also shared by Saudi Arabia Holding Co. CEO Mohammed AlQahtani via LinkedIn. The announcement says that ther...
(Patent) Apple Patents The Next-gen Flash Light Source Modules on an iPhone
[Tech]
2024/07/18 09:10
The U.S. Patent and Trademark Office officially granted Apple a patent that relates to light source modules, including, without limitation, next-gen flash light source modules on an iPhone, iPad and MacBooks that includes a laser-pumped phosphor light source.A light source module, which can include a camera “flash” module can emit light which illuminates a space external to the light source m...
Bain - How Generative AI Changes the Game in Tech Services
[Business]
2024/07/18 09:09
Tech service providers are using generative AI to operate and deliver better; leaders use this technology to help customers reinvent and innovate.[click to enlarge]Companies are looking to their tech service providers to help them learn about and adopt generative artificial intelligence (AI).Providers are rising to the challenge, building generative AI capabilities so that they can deliver fast...
(M&A) Ray-Ban Maker EssilorLuxottica to Buy Supreme Brand for $1.5 Billion
[Investing]
2024/07/18 09:08
Eyewear giant EssilorLuxottica has agreed to buy US streetwear brand Supreme for $1.5bn, expanding its brand portfolio beyond eyewear and lenses for the first time.The Franco-Italian group said it had agreed to buy the label from VF Corporation, which also owns Vans, The North Face and Timberland, and which acquired Supreme four years ago for $2.1bn.In a joint statement on Wednesday, EssilorLux...
This Absolutely Genius Floor Mirror Flips Over Into an Ironing Board
[Design]
2024/07/18 09:07
In collaboration with @unipapa_official , a renowned Taiwanese design brand, we present the Flip Dual-Function Ironing Board Mirror, an innovative solution that merges the utility of a full-length mirror with an ironing board.This integration is designed to address the common household issue of storing bulky ironing boards. The Flip not only serves as an elegant interior decoration resembling a...
(Infographic) Average Annual Salaries by Country
[Consumer]
2024/07/18 09:06
There are many reasons for why salaries vary between countries: economic development, cost of living, labor laws, and a variety of other factors. Because of these variables, it can be difficult to gauge the general level of income around the world.With this in mind, we’ve visualized the average annual salaries of 30 OECD countries, adjusted for purchasing power parity (PPP). This means that th...
Patagonia Finally Solved The Puzzle of How to Recycle a Wetsuit
[Product]
2024/07/18 09:05
Wetsuits are terrible for the environment. A new recycling process could change that.Product designers are tasked with creating products that their customers will love. Patagonia’s designers do this too, but they’re also saddled with a much harder job: figuring out how to repair that product, then ultimately find a way to recycle it.This can often be an obstacle-laden, years-long process. Tak...
Burberry Missed The Luxury Boom
[Investing]
2024/07/18 09:04
Burberry blues: The British fashion icon has fallen out of fashion. Burberry just reported a seriously unfashionable first quarter.Retail revenues at the iconic British fashion house dropped 22%, the company’s CEO stepped down, the regular dividend was suspended, and sales in all but one of its major regions were down double digits (except Japan, which was up 6%) — sending shares in the compa...