TREND REPORTS
Mapping the Migration of the World’s Millionaires
[Consumer]
2022/08/09 09:07
Throughout 2022, a projected 88,000 millionaires will move to a new country, according to the latest Henley Global Citizens Report.Which countries are these millionaires moving to, and where in the world are they coming from?This graphic maps the migration of high net worth individuals (HNWIs)—people with a net worth of over US$1 million—showing where rich people are flocking, and where they...
Nanotech Energy Raises $64M to Make Battery Charging Faster and Cheaper
[Investing]
2022/08/09 09:06
Los Angeles-based Nanotech Energy announced Tuesday it raised $64 million in Series D funding to help the company expand its graphene battery operation. The company has so far raised $94.9 million in total at a $550 million valuation, following a nearly $30 Series C round earlier this year.Headquartered along Wilshire Avenue, Nanotech Energy produces graphene-based batteries, which promise impr...
Consumers Curb Media Subscriptions as Cost of Living Jumps
[Consumer]
2022/08/09 09:05
The trend: Consumers worldwide are rethinking their subscriptions for streaming and other services as they feel the squeeze from inflation and rising interest rates.31% of 2,612 Americans surveyed in March planned to cancel some subscription services this year, per a Recurly study.19% of UK consumers have abandoned a video streaming service as subscription rates increase to be able to cover gro...
Virtual Reality Takes Hospice Patients To Trips Around The World
[Business]
2022/08/09 09:04
The VR headsets allow patients to view different scenes from around the world, or even space. A hospice is using virtual reality (VR) to help patients relax and transport them away from their beds.St Giles Hospice, which has bases in Lichfield and Sutton Coldfield, said the headsets allowed patients "to escape the realities of their present situation"."I've never experienced anything quite like...
How Beer Drinking Habits Have Changed Since Covid
[Consumer]
2022/08/09 09:03
More people are opting to drink beer at home than they did before the pandemic, according to Statista’s Consumer Market Outlook. While it’s true that most people would still choose to go for a drink at the pub or in a restaurant than at home, there’s been a slight shift from 2019 to 2022, where figures rose in favor of staying in.The U.S. had been a country favoring home drinking even before...
Venture Capital’s Silent Crash : When The Tech Boom Met Reality
[Investing]
2022/08/08 09:10
Investors of all stripes have crashed the clubby world of VC, drawn by the potential of tech start-ups. But there are signs the party is over.Unlike the stock market, there are no daily market indices to broadcast the pain, and no individual share prices for anxious tech employees to watch as their personal wealth evaporates.In fact, for many of the investors and entrepreneurs who have just liv...
(M&A) Amazon to Acquire Maker of Roomba Vacuums for Roughly $1.7 Billion
[Investing]
2022/08/08 09:09
Amazon is acquiring iRobot for $61 a share, an all-cash deal that values the Roomba maker at $1.7 billion, the companies announced Friday.Best known for its robotic vacuum Roomba, iRobot, has since expanded its product lineup to other home cleaning robots like mops and lawn mowers.The deal will deepen Amazon’s presence in consumer robotics. Amazon made a bold bet on the space last year when it...
(PDF) BCG - Winning The Consumer with Sustainability
[Consumer]
2022/08/08 09:08
Short-Term Imperative, Long-Term Opportunity.As concern about the climate emergency grows, brands in all sectors are navigating the relative role of environmental and ethical initiatives and their impact on UK consumer-decision making. There is much discussion on measuring the return on sustainability investments and on the value shareholders place on companies based on their practices.What is...
(Video) Airspeeder’s ‘Flying Car’ Racers to be Shielded by Virtual Force-Fields
[Product]
2022/08/08 09:07
Airspeeder is a company that aims to put on high-speed races featuring electric flying vehicles. The so-called Speeders are able to fly at speeds of up to 120 mph. The motorsport aims to help advance the electric vertical take-off and landing (eVTOL) sector, which could usher in the age of air taxis.Airspeeder, the world’s newest motorsport, is set to debut its first race in 2021.What can you...
2022 Gartner Hype Cycle for Digital Advertising
[Business]
2022/08/08 09:06
The Expanded Role of Artificial Intelligence in Advertising is Expected Within a Decade, but Privacy Concerns May Impede Progress.There are four emerging technologies on the 2022 Gartner, Inc. Hype Cycle for Digital Advertising that are expected to have a transformational impact on digital advertising: artificial intelligence (AI) for marketing, emotion AI, influence engineering, and generative...
Decoding Ralph Lauren’s New China Strategy
[Business]
2022/08/08 09:05
July saw the launch of a dedicated Double RL store and Ralph’s Bar at Sino-Ocean Taikoo Li — one of the city’s most luxurious retail mecca. With its iconic pony logo and preppy Polo tees, Ralph Lauren has come to embody American luxury on a global scale. And now, as the brand extends its presence to China’s luxury hub, Chengdu, more shoppers are set to be welcomed to its world of wardrobe s...
How People Expect The Metaverse to Improve Daily Life
[Consumer]
2022/08/08 09:04
While the metaverse is still taking shape, consumers are already interested in using it to enhance everyday experiences. About 60% of US teens and adults believe that virtual environments will make the process of finding a fitness or exercise routine significantly better, and the same percentage expect them to improve real estate shopping.Beyond the chart: Brands seeking to replicate real-w...
