SignalFire Raises Over $1B as LPs Embrace Data-Driven Investing
[Investing]
2025/04/09 09:05
Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were skeptical about the approach — conventional wisdom dictated that nascent companies didn’t have enough data to make investment algorithms effective.“This was a very radical idea, and everyone thought I was crazy,” Farmer (pictured above, on th...
Luxury Brands Must Inspire as Recession Risk Rises
[Business]
2025/04/09 09:04
Luxury brands are increasing their prices to offset rising tariffs. However, without enhancing their value proposition, these price hikes may backfire.As recession risks loom large over the global economy, luxury brands are facing unprecedented challenges in maintaining consumer loyalty and perceived value.Over the past two years, many brands within the industry have implemented significant pri...
(Infographic) The World’s Most Visited Websites by Time Spent Per Visit
[Consumer]
2025/04/09 09:03
On average, people spent 20m 47s on YouTube per visit, the highest amount of time across the top 20 most visited websites in the world.Across social media platforms, people spent more time on X (12m 37s) than Facebook (10m 59s) and Instagram (8m 41s).People who use ChatGPT spent nearly seven minutes on average per visit, beating out Reddit (6m 7s) and Wikipedia (3m 18s).Today, megacap companies...
(PDF) Kearney - Winning in a Cooling Market : Strategies for Luxury Brands
[Business]
2025/04/08 09:10
This year’s Global Luxury Industry Outlook highlights key findings shaping the future of the global luxury market. Some are exciting. Others may be causes for concern. But all show that change is inevitable even in this, perhaps the most protected of all categories of consumer goods and services.Global growth slows. Overall global luxury industry growth is projected at 1 to 3 percent through 2...
'The Ordinary Eggs' : New York Skincare Brand Selling Eggs
[Business]
2025/04/08 09:09
The Ordinary, a beauty and skincare brand, has started selling eggs at $3.37 per dozen in New York City amid a severe egg shortage. The initiative, created in collaboration with the art collective MSCHF, aims to provide affordable eggs during a significant shortage caused by avian influenza.Egg prices in the US have surged from $1.21 per dozen in 2005 to nearly $5 today, marking a 310% increase...
AI Video Startup Moonvalley Raised a Fresh $43M
[Investing]
2025/04/08 09:08
Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing.The filing lists 11 unnamed investors and comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers including General Catalyst, K...
Google AI Search Shift Leaves Website Makers Feeling ‘Betrayed’
[Business]
2025/04/08 09:07
In the absence of clear answers from Google, creators have struggled to discern how much of their pain is due to AI Overviews or due to other changes in search. In March 2024, website owner Morgan McBride was posing for photos in her half-renovated kitchen for a Google ad celebrating the ways the search giant had helped her family’s business grow.But by the time the ad ran about a month later,...
Charging Electric Vehicles 5x Faster in Subfreezing Temps
[Tech]
2025/04/08 09:06
Charging your electric vehicle in the cold is slower because of the way low temperatures affects your car's battery chemistry.One of the things you might not learn about electric vehicles (EV) until you live with one is that they charge slower in cold temperatures, which means you might have to spend longer at a charging station on long winter drives.In addition, the climate's impact on your ca...
Is Ozempic Really the Reason Americans Are Snacking Less ?
[Consumer]
2025/04/08 09:05
Food companies’ snack offerings are suffering as economic pressures combine with demand for healthier options.Something strange is happening in the American diet: People just aren’t reaching for cookies and pretzels the way they used to.Snacking—not long ago the fastest-growing category in packaged foods—is losing steam, even as consumers bulk up on protein shakes and bars. If the trend...
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