TREND REPORTS
(PDF) Earning Report - LVMH Falls Short In First Half Of 2024 Amid Luxury Slowdown
[Investing]
2024/07/24 09:10
Luxury goods giant LVMH’s latest earnings showed resilience with 2% organic growth in the first half of 2024, but the market leader fell short of analyst estimates and last year’s revenue amid a slowdown in luxury fashion.KEY FACTSLVMH reported €41.7 billion ($45.2 billion) in revenue in the first half of 2024, down 1%, and €20.9 billion ($22.7 billion) in the second quarter, up 1% year-ove...
AI Startup Daydream Raises $50M to Transform e-Commerce
[Investing]
2024/07/24 09:09
Daydream, a new AI-based shopping platform from retail and e-commerce veteran Julie Bornstein, has raised $50 million in seed funding. The venture is a search and discovery platform for fashion that’s built around the capabilities of generative AI.Co-leading the round were Forerunner Ventures and Index Ventures, while GV — the venture-capital arm of Google parent Alphabet Inc. — and True Ven...
2024 Deloitte Corporate Travel Study
[Business]
2024/07/24 09:08
Amid steady corporate travel growth, companies are challenged to balance a need for more face-to-face client interaction with steep pricing and persistent environmental impact.Key findingsMost travel managers expect their companies’ spend to grow in both 2024 (73%) and 2025 (58%). For those projecting gains, expectations average out to 14% to 15% each year.Return to office is still cited as a...
(Video) Robot Dog, Vero Cleans Up Beaches With Foot-Mounted Vacuums
[Product]
2024/07/24 09:07
A black robot dog with a white backpack with tubes coming out of it running down its legs to its feet stands on a pebbly beach with cigarette butts scattered around.IIT’s VERO vacuuming quadruped prepares to clean cigarette butts from a beach in Genoa.Cigarette butts are the second most common undisposed-of litter on Earth—of the six trillion-ish cigarettes inhaled every year, it’s estimated...
Level AI Applies Algorithms to Contact Center Pain Points
[Business]
2024/07/24 09:06
Focused indian female professional helpline call center agent operator telemarketer wear wireless headset work in customer care support service team office talking consulting client at workplace.Ashish Nagar, an engineer by trade, was working at Amazon’s Alexa org on the conversational AI team when he realized that AI had the potential to greatly bolster productivity in contact centers.“Front...
(Infographic) The Big Mac Index - The Price of a Big Mac Across the World
[Investing]
2024/07/24 09:05
The Big Mac Index, created by The Economist in 1986, started out as a simple tool to make currency theory more digestible. Now, it’s a widely-known measure in popular economics to assess and compare currency valuations.In short, the Big Mac index compares the purchasing power parity (PPP) of currencies using the price of a Big Mac in the U.S. as the benchmark. It shows how much a Big Mac costs...
tinyPod’s Case Transforms Your Apple Watch Into a Vintage iPod
[Product]
2024/07/24 09:04
If you have an old Apple Watch and you're not sure what to do with it, a new product called TinyPod might be the answer. Priced at $79, the TinyPod is a silicone case with a built-in scroll wheel that houses the Apple Watch chassis.When an Apple Watch is placed inside the TinyPod, the click wheel on the case is able to be used to scroll through the Apple Watch interface. The feature works throu...
Gree Foldable Electric Steamer Concept Expands When Needed
[Design]
2024/07/24 09:03
Gree Electric wants to revolutionize our appliance to save kitchen space, which is getting limited nowadays as our living space is also smaller. Foldable Electric Steamer Concept would solve issues of fixed capacity and inconvenient storage of conventional steamers. Its creative accordion-inspired body improves cooking efficiency for users.When not in use, it looks like just another compact, bo...
(PDF) BCG - Global Wealth Report 2024 - The GenAI Era Unfolds
[Business]
2024/07/23 09:10
Global net wealth staged a significant recovery in 2023, growing by 4.3% after a difficult year in 2022.Much of the growth was due to a rebound in the financial markets, accompanied by a rise in the volume of assets under management (AuM). Financial wealth—a subset of global wealth—rose by almost 7%, following a decline of 4% in 2022. The gains were especially strong in North America and West...
