(M&A) Walmart is Acquiring Memomi, An AR Startup Powering Virtual Try-on for Eyewear
[Investing]
2022/07/21 09:07
Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering a virtual try-on experience for eyewear.Deal terms were not disclosed, but Memomi has enabled digital measurements for all Walmart and Sam’s Club customers since 2019, the retailer said.This partnership...
Netflix Loses Ground in Popularity Race
[Consumer]
2022/07/21 09:06
Up until recently, Netflix was synonymous with video streaming around the world. Even though it still boasts the highest number of paying subscribers out of every available streaming service, its popularity has waned over the year due to the increased fractioning of the subscription video on demand (SVOD) industry. As our chart based on a survey from Whip Media shows, it now only ranks fourth o...
(Video) ‘Earable’ Uses Sonar to Reconstruct Facial Expressions
[Tech]
2022/07/21 09:05
The earable performs as well as camera-based face tracking technology but uses less power and offers more privacy.Cornell researchers have developed a wearable earphone device – or “earable” – that bounces sound off the cheeks and transforms the echoes into an avatar of a person’s entire moving face.A team led by Cheng Zhang, assistant professor of information science, and François Guimbr...
Can L’Oréal Conquer Beauty’s Next ‘Blue Ocean’ ?
[Business]
2022/07/21 09:04
L’Oréal is entering China’s at-home beauty device market through its luxe division, Lancôme. Is the move an attempt to march into the beauty industry "blue ocean"?The world’s largest cosmetics company, L’Oréal, has entered China’s at-home beauty device market with the launch of a new product from its luxe division Lancôme. Debuted as an exhibition item at the recently concluded technol...
Daily Harvest Points to One Ingredient as Cause for Consumer Illnesses
[Business]
2022/07/21 09:03
After numerous reports of gastrointestinal issues, the meal-kit service has linked tara flour to their French Lentil + Leek Crumbles recall.Meal-kit delivery service Daily Harvest said investigators have zeroed in on a single ingredient — tara flour — as the source of gastrointestinal issues that sickened hundreds of customers and led to a recall of its French Lentil + Leek Crumbles last mont...
(PDF) Venture Capital Report Q2 2022 - VCs Stack Up On Web3
[Investing]
2022/07/20 09:10
Web3 dominates venture capital interest in blockchain industry in Q2 2022.All the deals, trends, moves and investments in Q2 2022 across the blockchain landscape are contained in the latest Cointelegraph Research report.Cointelegraph Research brings an analysis of all the deals and trends from venture capital (VC) in the blockchain industry during the second quarter of 2022.When looking at the...
(Video) Bionic Clothing Innovator Cionic Collaborating with Yves Behar
[Product]
2022/07/20 09:09
Bionic clothing brand CIONIC collaborates with Swiss industrial designer Yves Béhar and his firm fuseproject to unveil the ‘Neural Sleeve’ — a revolution in human mobility which thoughtfully hybridizes mobility technology with inclusive design. The FDA-cleared bionic leg wearable makes use of artificial intelligence to enable greater independence for those living with such mobility differen...
XPENG Robotics Completes $100M for Its Quadruped Robot
[Investing]
2022/07/20 09:08
Xpeng Robotics, a Shenzen, China-based affiliate of XPeng Inc. and a key part of its mobility ecosystem dedicated to creating smart robots, raised over US$100 million in Series A funding.The round was led by IDG Capital, supported by XPeng Inc. and other long-time investors.The company intends to use the funds to further strengthen its full-stack R&D investment in robotic hardware and softw...
The Lipstick Index Is Out. Meet The Nail Effect
[Consumer]
2022/07/20 09:07
The “Nail Effect” is China's new “Lipstick Index." With younger generations pursuing bolder, personality-imbued nail art, modern C-beauty businesses are making waves. As inflation worries mount and both the Euro and British Pound hit two-year lows, the return of the Lipstick Index — the business term and economic indicator for when sales of cheap and cheerful indulgences like lipsticks incr...
Visualized : Battery Vs. Hydrogen Fuel Cell
[Business]
2022/07/20 09:06
Since the introduction of the Nissan Leaf (2010) and Tesla Model S (2012), battery-powered electric vehicles (BEVs) have become the primary focus of the automotive industry.This structural shift is moving at an incredible rate—in China, 3 million BEVs were sold in 2021, up from 1 million the previous year. Meanwhile, in the U.S., the number of models available for sale is expected to double by...
(Paper) Microparticles Could be Used to Deliver “Self-Boosting” Vaccines
[Tech]
2022/07/20 09:05
MIT researchers have developed microparticles that can be tuned to deliver their payload at different time points, which could be used to create “self-boosting” vaccines.Most vaccines, from measles to Covid-19, require a series of multiple shots before the recipient is considered fully vaccinated. To make that easier to achieve, MIT researchers have developed microparticles that can be tuned...
A New Manufacturing Plant for Fungi-Based Meat Replacements - Mycorena
[Product]
2022/07/20 09:04
The plant’s first product line will focus on minced meat foods.Global packaging experts Tetra Pak and food tech leaders Mycorena recently announced that they are partnering to build an industrial alternative protein manufacturing plant. Located in Falkenburg, Sweden, the plant will initially produce minced meat-based products such as burgers and meatballs. Made from filamentous fungi, the vega...
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