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Credit Card Retail Payments Fall by 18% Amid Budget Pressures

As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit.A PYMNTS Intelligence study in April for the Last Transaction Report series surveyed 1,730 United States consumers who bought non-grocery retail items in 30 days before being surveyed. The findings examined how shoppers paid for these items and...

(Video) Dubai Green Spine : World's Greenest Highway

Dubai is looking to transform a highway into a lush urban corridor with 1 million planted trees.For all its futuristic towers and rococo gilded luxury, Dubai is not exactly a pleasant city to live in. It’s an ocean of asphalt and cement that’s cooking in sand, with highs that reach 100 degrees Fahrenheit in the summer and don’t dip below 88 degrees for much of the year. This makes walking ar...

Meditation Device Concept Hides Earbuds Inside to Help Shut Off External Noise - Medispace

When I want to shut out the outside world and just focus, I put on a pair of noise-cancelling earphones. Sometimes I also want to meditate and since I live in an area where outside noise is constant, earphones and headphones are pretty helpful. What if you actually have a device that is primarily meant to help you meditate, relax, and get in touch with your inner self, with listening to music j...

TikTok Sees K-Culture Spend Doubling to $143 Billion by 2030

Social media has amplified global interest in Korean exports. TikTok has been at the epicenter of K-pop fandom online.Global spending on Korean cultural products is forecast to nearly double to $143 billion by 2030, according to new research released by TikTok and analytics company Kantar.The soaring popularity of so-called K-content has been amplified by social platforms, where users have voic...

(Patent) Apple’s AI Vision - Apple May Use AI to Help The Vision Pro Eat Up Less Power

The company is seeking to patent a system that uses machine learning to determine user location in artificial reality based on “object interactions.” Apple’s filing claims that its method eats up less computational power than other artificial reality tracking processes by monitoring a user in relation to their environment.“Existing systems may require utilization of a relatively large amoun...

(PDF) BCG - Innovation Systems Need A Reboot

Here’s a paradox. Companies have never placed a higher priority on innovation—yet they have never been as unready to deliver on their innovation aspirations. It’s a recipe for disappointment. BCG’s 2024 Most Innovative Companies report examines the readiness gap and offers perspectives on how companies can get back on track.A Troubling Innovation Readiness GapWe first discussed the readines...

Inside The High-Tech Farm in New Jersey Where Instagram’s Favorite Strawberries Grow

Oishii’s luxury strawberries can cost upwards of $15 a package. A new robotic indoor farm could make them more accessible.The most delicious strawberry I’ve ever tasted came from my grandparent’s garden, in Sofia, Bulgaria. It was the size of a gummy, looked like a woodland ruby, and tasted like it had grown in the Swiss Alps. The second-best strawberry came from a vertical farm in New Jerse...

(Paper) MIT Has Developed A New Device That Can Harvest Water From Dry Air

It’s an unfortunate irony that while many regions struggle to find enough water, there’s trillions of liters of the stuff floating around in the air everywhere. A new water harvester design from MIT can pull enough fresh water out of the air to meet the daily needs of several people.Water harvesters are usually made up of adsorbent materials, meaning they collect water on their surfaces. To m...

Global Foldable Smartphone Shipment by OEM Share, Q1 2024

Huawei Captures Top Spot in Q1 2024 Global Foldable Smartphone Shipments on 5G Support.Global foldable smartphone shipments were up 49% YoY in Q1 2024, driven by Huawei, HONOR and Motorola.Huawei’s 5G transition in foldables allowed the brand to rapidly gain a competitive edge.HONOR and Motorola’s shipments outside of China rose sharply compared to a year ago.Book-type foldables are gaining p...

 

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