As their incomes rise, Chinese consumers are trading up and going beyond necessities.In 2011, we tried our hand at predicting the ways in which, in the decade to come, Chinese consumers would change their preferences and behaviors. This article takes stock of those predictions.Why check in now? One reason is we’re about halfway to 2020. Another is a comprehensive new McKinsey survey, which fol...

Nearly half of the AI companies acquired since 2011 have had VC backing.Nearly 140 private companies working to advance artificial intelligence technologies have been acquired since 2011, with over 40 acquisitions taking place in 2016 alone (as of 10/7/2016). Corporate giants like Google, IBM, Yahoo, Intel, Apple and Salesforce, are competing in the race to acquire private AI companies, with Sa...

To own a home in Manhattan, you essentially need to be a millionaire.New York’s total property value soared earlier this year, reaching a record-setting value of around $1 trillion. The median sales price of a Manhattan home was $2 million, and that’s not even at the top.To make it easier for wealthy people to see their options without the legwork, a virtual reality company is applying Oculus...

Bill Gates once famously said that we systematically overestimate the change that will occur in two years, while underestimating the change that will come in the next ten.The ongoing conversation about the death of legacy media definitely fits that mold.Over the last five to ten years, people have been talking about how the newspaper, magazine, or radio station would become all but obsolete. An...

Orin is a new activewear brand that is disrupting the clothing industry, asking the internet to make decisions on nearly every element of the company’s development from product to marketing.Springwise has seen an increase in innovations using crowdsourcing. In Mexico City, citizens were invited to contribute to the municipality’s new constitution, and in the US organisations are using crowdso...

The only bottle that fits in your bag and matches your style. Unique spiral design shrinks the bottle without sacrificing good looks.We all want easy access to hydration anywhere anytime, yet no one likes to carry around a bulky water bottle that fits nowhere and only adds unnecessary weight. Plastic bottled water is convenient but does so much permanent damage to our planet. So we created que...

The LED smart pixel is tiny, but sports 1,024 individual, controllable pixels.Modern headlamps are much brighter and whiter than in the past, but sometimes brighter isn't necessarily better. Although blinding beams are useful on a deserted backroad, they can dazzle other drivers around town. In an attempt to solve the problem, Daimler has developed a new smart pixel system, able to more precise...

The modern lifestyle’s really been a blessing and curse to our sleeping patterns. I say curse, because we now sleep at erratic times, don’t get fitful sleep, and let’s not even get into the radiation we’re exposed to because of our smartphones. I also say blessing because with the modern lifestyle came technology, which brought us Luna!Now Luna’s not just an alarm clock. She (let’s just h...

To celebrate the milestone of its collection reaching 100 million images, Shutterstock has released an infographic that takes a look at 10 trends that will shape the future of imagery. Put together with the help of its curators, designers, and reviewers, it features popular existing trends like street and mobile photography, as well as upcoming ones like drone photography. Check out the infogra...