(M&A) GM Acquires Self-Driving Car Startup Cruise Automationfor $1B+
[Investing]
2016/03/14 10:22
General Motors (GM) continues its self-driving car push today with the news that it has acquired Cruise Automation, a San Francisco-based self-driving car company that develops an autopilot system for existing cars.The news comes two months after GM first revealed its autonomous vehicle aspirations with a $500 million investment in Lyft, followed by acquisition of Sidecar’s technology and asse...
From Magazines to Multi-Media Brands
[Business]
2016/03/14 10:21
As traditional sources of revenue are further shrinking an outsider to the magazine world might be tempted to conclude that mag makers must be a pretty gloomy bunch. In truth, many publishers seem to have regained a positive outlook, at least those who have managed to transform their businesses.Indeed there has been an ongoing industry-wide transformation driven by digitalisation: Whereas it us...
Soothe Raises $35M to Bring You Massages On Demand
[Investing]
2016/03/14 10:21
The massage industry is getting a rubdown. Soothe has raised $35 million to bring on-demand massages to the masses.It’s one more example of how an on-demand app service can outmaneuver brick-and-mortar businesses, as Soothe says its costs can beat rivals in the traditional $14 billion U.S. massage market (according to the International SPA Association poll conducted by PwC). Therapists can be...
(Video) Boeing Unveils Game-Changing Autonomous Submarine
[Tech]
2016/03/14 10:21
The unmanned Boeing Echo Voyager can remain at sea for months, without any need for a surface support ship.When you hear the name "Boeing," chances are you think of aircraft. The fact is, however, the company has also been developing underwater vehicles since the 1960s. Its latest such creation, the Echo Voyager, is designed to operate autonomously for months at a time.The 51-foot (15.5-m)-long...
A Delivery Service Saves Veggies Deemed Too Ugly for Supermarkets
[Business]
2016/03/14 10:21
A crate subscription service reroutes unsightly produce to your doorstep.Edible fruits and veggies go directly to waste bins for being ‘too ugly’ to sell in well-lit, air-conditioned supermarkets, resulting in up to 40% produce waste. To fight this loss of good greens, a UK-based service is repacking vegetables and skipping the judgmental retail space by delivery the odd vegetables directly t...
A Perfect Phone for Matt Damon
[Design]
2016/03/14 10:21
The phone may be named Mercury, but it would certainly be a whole lot helpful to our stranded Martian friend, Matt Damon. It comes in a rugged design that looks great for extraterrestrial ventures. The upper module comes in two variants, the basic, with a 17mp camera and a loop for clipping the phone to your self. The Advanced module has a 25mp camera and a pretty huge flash… Huge enough to se...
(Infographic) Here Are Israel’s 15 Biggest Startup Exits
[Investing]
2016/03/14 10:21
Google’s high-profile acquisition of mapping startup Waze in 2013 put Israel’s startup ecosystem on the global radar. Not only did the development help catalyze a wave of entrepreneurship in the country, it also compelled international investors to investigate with much more interest. Just last year, a total of 69 companies in Israel were sold for a cumulative sum of US$5.41 billion. Investor...
(PDF) PwC - Total Retail Survey Report 2016
[Business]
2016/03/13 11:10
Online shoppers around the world are fundamentally disrupting retail–again.In PwC’s most comprehensive Total Retail survey to date, we asked nearly 23,000 online shoppers around the world about issues ranging from mobile shopping to social media influence to innovation at retailers. Their answers reveal the changing behaviors that will drive the next retail revolution.They say they want a rev...
(Video) Gatorade Drops Some Sports Science With New Ad Hinting At Brand's Future
[Business]
2016/03/13 11:09
The playing field is a lab for the brand's bold "sports fuel" ambitions.Back in January, I got a glimpse into the future of Gatorade. Not a new flavor, bottle shape, or miracle hangover cure, but how the brand is aiming to transition from just a drink to become the ultimate "sports fuel" company. Senior vice president and general manager Brett O'Brien outlined what he sees as an opportunity to...