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(PDF) Deloitte - Global Powers of Luxury Goods 2023

Luxury goods companies have not only rebounded to pre-pandemic profitability levels but are also undergoing a significant transformation towards an environmentally responsible, circular economy business model. This shift is driven by customer demand and increasing regulatory pressure, and technology is playing a crucial role in accelerating this green transition. The luxury industry, synonymous...

Apple Explores Home Robotics as Potential ‘Next Big Thing’ After Car Fizzles

The company has teams working on automated home devices. The search is on for new growth sources after EV gets nixed.Apple Inc. has teams investigating a push into personal robotics, a field with the potential to become one of the company’s ever-shifting “next big things,” according to people familiar with the situation.Engineers at Apple have been exploring a mobile robot that can follow us...

(Patent) Snap is Seeking to Patent a System for “Augmented Reality Spatial Audio”

The social media firm is seeking to patent a system for “augmented reality spatial audio.” Snap’s patent details a system that localizes audio to where an AR object is when wearing a pair of smart glasses. Essentially, Snap aims to create a more immersive AR experience using sensor data that’s collected via cameras on their smart glasses. The system then feeds that image data to an AI model...

(PDF) IFPI - Global Music Report 2024

2023 was another good year for the music industry. According to IFPI’s latest Global Music Report, worldwide recorded music revenues climbed 10 percent to $28.6 billion last year, a new record - at least in nominal terms. This marks the ninth consecutive year of growth for the global music industry after nearly two decades of gradual decline. And while streaming was once again the biggest driv...

(Paper) MIT- AI Generates High-Quality Images 30 Times Faster in a Single Step

Novel method makes tools like Stable Diffusion and DALL-E-3 faster by simplifying the image-generating process to a single step while maintaining or enhancing image quality.Three by two grid of AI-generated images, with small black illustrated robots peeking from behind. The images show a scenic mountain range; a unicorn in a forest; a vintage Porsche; an astronaut riding a camel in a desert; a...

2024 Stock Market Winner & Losers

The year of the Bull.Although the Chinese calendar technically ushered in the year of the dragon, it’s a bull that investors have been channeling in 2024. Indeed, stock markets around the world have continued their relentless upward march this year, seeing record highs for Japan’s Nikkei 225 index, India’s Nifty 50, Europe’s closely-watched STOXX 600, and, of course, America’s flagship S&a...

(Video) 3D Printed Adjustable Sneakers for Kids can be Stretched to Fit Their Sizes

Product designer Michele di Carlo conceptualized 4Steps, a concept design series of customizable and adjustable 3D-printed sneakers for kids aged between 6 and 14. These kicks can be disassembled and stretched so that the shoes can fit their extending feet, up to five different shoe sizes. The adjustable sneakers weigh only around 123 grams, making them lightweight. They also incorporate molded...

Serena Williams Debuts Tennis-Inspired Makeup Brand Ideal For Active Lifestyles

Tennis champion Serena Williams has traded her racket for a makeup brush with the launch of her beauty line, Wyn Beauty. Pronounced “win,” the brand reflects not just her relentless drive for victory on the court, but her philosophy of personal empowerment through self-expression.Developed over the course of six years, Wyn Beauty comprises a curated selection of 10 core products across face,...

Economic Conditions Outlook, March 2024

Survey responses show increased confidence in the economy—globally and at home. Geopolitical concerns persist, and respondents increasingly view political transitions and policy changes as pressing risks.Executives’ latest views on the global economy and their countries’ economies lean much more positive than they did at the end of 2023.In the latest McKinsey Global Survey on economic condit...

 

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