Tiger Global Management Invest Another $100M in PhonePe
[Investing]
2023/02/16 09:07
PhonePe has raised another $100 million as part of an ongoing round, a deliberation that has now helped it pull $450 million in recent weeks despite the market downturn, as the Indian fintech giant bulks up its war chest following the recent separation from the parent firm Flipkart.Ribbit Capital, Tiger Global and TVS Capital pumped the new $100 million into the startup. The ongoing round value...
Airbnb Just Had Its First Profitable Year in History
[Investing]
2023/02/16 09:06
Airbnb just booked its first annual profit in its near-15-year history, minting a whopping $1.9bn in 2022.It may come as a surprise to some — particularly those who see the platform as a home for sneaky add-on charges — but, last year aside, Airbnb has lost ~$6bn since 2015.Additional feesSince it was founded in 2008, Airbnb has altered the world of travel as we know it, for better or worse....
(Paper) Oh, Good : A Flying Robotic SPIDAR
[Tech]
2023/02/16 09:05
Robots with multimodal locomotion capability are almost always a compromise, because usually they’re a hodgepodge of mobility systems that don’t really work together. It’d be possible to make a legged robot fly by stapling a bunch of propellers to it, but at any given time, either the legs or the propellers are going to be mostly just awkward extra mass. Some robots make this compromise more...
Ranking America’s Best Places to Work in 2023
[Consumer]
2023/02/16 09:04
What better way to know more about a company’s work culture than to hear from those who’ve already been on the inside?In the above graphic, we dissect how America’s top employers have changed over the last five years based on employee reviews on Glassdoor, a website that allows current and former employees to anonymously review their employers on things like company culture, pay, benefits, d...
Invisible Solar Panels "Finally Allow Cultural Heritage to Access Solar Energy"
[Product]
2023/02/16 09:03
Italian company Dyaqua, which has developed a way to produce solar panels so that they resemble the barrel clay tiles common on the roofs of buildings in Italy, has said the technology is important for the sustainable redevelopment of historical sites.Called Invisible Solar, the panels were developed by lighting company Dyaqua and have seen growing interest due to growing concerns with heritage...
(PDF) Bain - Setting a New Pace for Personal Luxury Growth in China
[Business]
2023/02/15 09:10
Ongoing Covid-19 restrictions and economic uncertainty caused the first personal luxury market decline in five years.In 2022, the Chinese luxury market declined 10% year over year, ending a five-year run of exponential growth. Covid-19-related business disruptions caused the downturn.Despite the setback, the fundamentals for luxury consumption remain strong and growth is expected to resume in 2...
(Patent) Apple Receives a Patent for an New Camera System for the Apple Watch
[Tech]
2023/02/15 09:09
Apple received a patent earlier this month from theU.S. Patent and Trademark Office (USPTO) titled "Watch Having A Release Mechanism." The patent (US-11571048-B1) details a method that allows Apple Watch users to have access to a camera located on the bottom of the device. The patent envisions a special watch band with a quick-release feature that would allow the watch to easily be disconnected...
Will Conversational AI Kill Web Traffic ?
[Business]
2023/02/15 09:08
After dinner last night, three generations of my family were sitting in the living room discussing the possibility of finding a movie we could all watch together. While this passionate debate about which movies won an Oscar and which were just fan favorites was heating up and heading nowhere, I asked ChatGPT to “list some great movies that would be appropriate for kids 12-14, parents 32-46, an...
(Video) McDonald’s Converted Billboards Into Digital Food Trucks
[Business]
2023/02/15 09:07
There is no doubt that street food has impacted a variety of cuisines and has even influenced chefs to adapt simple but efficient cooking techniques to their menus. With the release of its newest Crafted Chicken burger, which draws influence from the vibrant world of street cuisine, McDonald’s is not an exception to this. The fast food chain has converted two billboards into “food trucks” ar...
(Infographic) Electric Vehicle Battery Pack Costs in 2022 Are Nearly 90% Lower Than in 2008
[Investing]
2023/02/15 09:06
Electric Vehicle Battery Pack Costs in 2022 Are Nearly 90% Lower than in 2008.Infographic : https://bit.ly/40Vgc9q[freightwaves]
The World's Smallest VR Headset - The Bigscreen Beyond VR Headset
[Product]
2023/02/15 09:05
LA-based VR platform company Bigscreen is moving into hardware with the launch of the Beyond headset, which is claimed to be the world's smallest – coming in at less than an inch at its thinnest point and said to weigh in six times lighter than other VR devices."As passionate VR enthusiasts, we built the VR headset we wanted for ourselves," said Bigscreen's founder and CEO, Darshan Shankar. "T...
IKEA’s Cheeky Valentine’s Day Ads Make Life At Home A Naughty Affair
[Design]
2023/02/15 09:04
There’s truly something for everybody at IKEA, even for couples who wish to spice up their home lives (try a spice rack, a spice mill, or even a pack of ginger thins).It turns out that things can get hotter and heavier than mild spice. Each year, international outfits of the furniture giant release Valentine’s Day campaigns that amusingly hint at the things that go on behind closed doors this...
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