Four years in development, On is debuting its spray-on performance shoe technology that makes sneakers lighter, less wasteful, and far faster to produce. On’s New Cloud Sneaker Uses Spray-on Plastic to Build a Shoe in 6 MinutesInspiration comes in many forms. In this case, it was a hot glue gun on Halloween.A senior member of On’s innovation team, Johannes Voelchert, stumbled across a video i...

OpenAI, valued at a staggering $80B, makes it the third most valuable Unicorn after ByteDance (TikTok parent) and SpaceX.OpenAI’s rise has been extraordinary. Just over a year ago it was valued at $29B. With a reported $2B in annualized revenue, its current valuation gives it a very rich multiple of ~40x Price/Sales (for ref. Nvidia Price/Sales is ~33x)[voronoi]

Google is in talks to buy the New York City-based cloud cybersecurity startup Wiz. Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle, reports The Wall Street Journal. At close to twice what it spent for Motorola Mobility in 2012, it would be the most Google has ever paid for another company.The New York City-based W...

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...

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...

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...

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...

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...

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...