Tech's Record-Breaking Buybacks Matter for Investors - Here's Why
[Investing]
2022/09/20 09:07
Big Tech's been doing big buybacks.Sure, this has been the case for years, but we're seeing companies like Apple (AAPL), Alphabet (GOOG, GOOGL), Amazon (AMZN), and Nvidia (NVDA) doubling down on buybacks, which are when a company buys its own stock, reducing the overall share count. These types of share re-purchases are controversial, because they often are positively reflected in earnings per...
MoMA To Sell Off $70M Worth Of Iconic Art, May Buy Its First NFTs
[Business]
2022/09/20 09:06
Masterpieces from CBS founder William Paley’s museum trove are heading to Sotheby’s this fall, as MoMA seeks to expand its online presence and possibly buy more digital artIt’s no secret by now how far non-fungible tokens (NFTs) have spread in the digital space. The relevancy of this genre of digital artwork has begun to seep into the real world, with in-person NFT galleries beginning to pop...
(Infographic) Who's Advertising in a 'Very Mixed Economy'?
[Consumer]
2022/09/20 09:05
Looking at which industries are splashing out or drawing back amid uncertainty. Ad spend in the latter half of the year is expected to reflect the more cautious atmosphere amid rising inflation.Advertisers, like consumers, are operating in what Advertiser Perceptions’ Stuart Schneiderman describes as a “very mixed economy.”“Inflation and interest rates are rising, supply chains are tighteni...
(Paper) Researchers Develop Painless Tattoos That Can Be Self-Administered
[Tech]
2022/09/20 09:04
The tiny patches are painless and only need to be pressed for less than 15 minutes to deliver their imprint.Scientists at the Georgia Institute of Technology have reported the development of a microneedle patch that can be self-administered and painlessly deposit a tattoo onto skin within minutes. The technology is initially proposed for simple medical or animal uses but a number of cosmetic us...
Walmart Levels Up Virtual Try-On for Apparel With Be Your Own Model Experience
[Business]
2022/09/20 09:03
The feature will be available on more than 270,000 women’s clothing items.The new tool, which builds on Walmart’s earlier virtual fitting room, lets the user serve as the model to get a sense of how the clothing would fit on their body. It works by having the user snap a photo of themself — in tight-fitting clothes or just their underwear — with the Walmart app. The app then uses machine le...
(PDF) Mckinsey - How Semiconductor Makers Can Turn A Talent Challenge Into a Competitive Advantage
[Business]
2022/09/19 09:10
Semiconductor companies are on the cusp of a decade of opportunity, but success will be predicated on the ability to attract and retain the best and brightest.Chip shortages over the past year have led to slowdowns in some of the world’s most important industries. From automaking to power, consumer goods, and healthcare, a lack of semiconductors has stymied production and held back innovation....
New Longest-Lasting Anti-Wrinkle Botox Rival Approved by FDA - Daxxify
[Product]
2022/09/19 09:09
Clinical trials found a single treatment with a novel formulation lasted up to nine months.The US Food and Drug Administration (FDA) has approved a new anti-wrinkle treatment called Daxxify. Similar to the popular Botox, Daxxify freezes wrinkles by paralyzing muscles but lasts at least twice as long as current treatments, with single injections working for between six and nine months.For severa...
The 2022 Gartner Hype Cycle for Artificial Intelligence (AI)
[Business]
2022/09/19 09:08
AI innovations continue to deliver big benefits to business and adoption rates will accelerate in coming years. See the outlook and impact.The 2022 Gartner Hype Cycle™ for Artificial Intelligence (AI) identifies must-know innovations in AI technology and techniques that go beyond the everyday AI already being used to add intelligence to previously static business applications, devices and prod...
In Sotheby’s New Luxury Strategy, Pateks Could Catch Up With Picassos
[Business]
2022/09/19 09:07
The auction house has doubled down on extraordinary items beyond art and antiques. There are a lot more Patek Philippes out there than Picassos.There are also a lot more cars, diamonds, wine bottles, and handbags. “You don’t have the same sourcing and supply constraints in luxury that you do in fine art,” says Charles Stewart, chief executive officer of Sotheby’s. “We might be able to sell...
Workers from Google, Microsoft, Amazon Are Paying $75,000 to Get 3 Inch Taller
[Tech]
2022/09/19 09:06
Software engineers from big tech firms like Google, Amazon, Microsoft, and Meta are paying at least $75,000 to get 3 inches taller, a leg-lengthening surgeon says.The Las Vegas surgeon can lengthen patients' legs via a painful months-long process. He breaks the thigh bones and inserts nails that are extended every day for three months.A Las Vegas cosmetic surgeon who specializes in leg-lengthen...
Beauty Tech is Just Taking Off
[Business]
2022/09/19 09:05
In 2021, beauty tech revenue hit $3.8 billion across seven major markets - the United States, China, Japan, South Korea, United Kingdom, Germany and France. By 2026, this is expected to reach $8.9 billion.Although it’s growing, beauty tech is still a relatively new and niche area. The name is used as an umbrella term for all AI and AR based tools and software used within beauty, whether that’...
Sports Metaverse Company, LootMogul Secures $200Million Funding
[Investing]
2022/09/19 09:04
Sports Metaverse company LootMogul secured a $200 million investment commitment from Gem Global Yield LLC SCS (GGY), part of GEM, that will expedite the adoption of blockchain gaming for sports organizations and athletes and truly deliver an immersive sports fans experience.GEM will provide LootMogul with a share subscription facility of up to $200 million for a 36-month term following an equit...