TREND REPORTS
Defense Tech Startup DEFCON AI Raises $44M in Seed Financing
[Investing]
2024/08/21 09:05
DEFCON AI, an insights company that’s building a next-generation modeling, simulation, and analysis (MS&A) toolset for the modern military environment, today announced that it has raised $44 million in Seed funding.The round was led by Bessemer Venture Partners with participation from Fifth Growth Fund and Red Cell Partners, among others. As part of the financing, Christopher Wan of Bessem...
5 Trends Shaping the Future of Our Senses
[Business]
2024/08/21 09:04
The rapid advancement of technology with a wave of startups and researchers are transforming how we experience and augment our senses.The Internet of Senses, encompassing technologies designed to enhance and digitize sensory experiences, is projected to grow from $16.95 billion in 2023 to $83.6 0 billion by 2030. This growth is driven by innovation in haptic devices (set to triple in size by 20...
(Video) Saudi's Neom Mega-Project Hails a Fleet of Electric Foiling Water Taxis
[Product]
2024/08/21 09:03
Neom has ordered an initial batch of eight Candela P-12 electric foiling water taxis to be deployed on its planned water transport network.We've been following the progress of the incredibly ambitious Neom project since its announcement in 2017, which includes a 105-mile-long, 660-ft-wide and 1,600-ft-tall megacity called The Line. Now we know how some of its tourists and residents will get aro...
US Start-Up Failures Up by 60% Despite AI Funding Frenzy
[Investing]
2024/08/20 09:10
Start-ups in the US are shutting down rapidly despite billions of dollars pouring into AI.Data from Carta, which provides services to private companies, shows 254 of its venture-backed clients went bust in the first quarter of this year, with the rate of bankruptcies today more than seven times higher than when it began tracking failures in 2019.Millions of jobs in venture-backed companies ar...
(Patent) Apple Invents a Respiratory Monitoring System That Works with an iPhone
[Tech]
2024/08/20 09:09
Apple fans can download the "Breathe" app for Apple Watch and display it on their iPhone if they wish. Apple states that "Watch users Taking moments throughout the day to stop, relax, and practice mindfulness can help reduce stress and improve overall health. The Breathe app on Apple Watch keeps you centered by taking you through a series of deep, calming breaths." Now Apple is working to advan...
BenQ Invites Movie Lovers to Lie Back and Look Up
[Product]
2024/08/20 09:08
BenQ launched an interesting portable projector back in 2021 that had the look of a Bluetooth speaker but offered big-screen visuals as well. The company has added a flagship model to the family that makes use of an underused flat surface for movie screenings – the ceiling.Sporting a chunky waterdrop shape, the GV50 rocks the same pair of 4-watt midrange drivers as the GV30 before it, but BenQ...
Abu Dhabi's Sovereign Wealth Fund, ADQ to Acquire Minority Stake in Sotheby's
[Investing]
2024/08/20 09:07
Patrick Drahi will remain auction house's majority shareholder in $1bn deal, as ADQ buys shares to "reduce leverage" and support "growth and innovation".Abu Dhabi’s sovereign wealth fund, ADQ, has struck a deal with Sotheby’s owner, the French-Israeli telecoms tycoon Patrick Drahi, for a minority stake in the auction house. The transaction is expected to close before the end of the year.Under...
The Rise of ByteDance’s CapCut Threatens Adobe and Canva
[Business]
2024/08/20 09:06
CapCut could be banned in US by same law threatening TikTok. Adobe working on Premiere editing app that runs in browser.CapCut, a video-editing app owned by Chinese tech powerhouse ByteDance Ltd., is rapidly gaining steam, threatening to lure users away from Adobe Inc. and Canva Inc.The app is a streamlined tool for making videos — especially with effects popular on TikTok, the social platform...
What Are the Most Popular Phone Brands in the U.S. ?
[Consumer]
2024/08/20 09:05
In 2023, 40 percent of the 1.2 billion smartphones shipped worldwide were produced by either Apple or Samsung, according to IDC data, with the former carving out a lead of 8 million devices over the latter. This marks the first time the U.S. company overtook the South Korean electronics manufacturer in the mobile phone segment. Despite increasingly steep price tags for its newest phones, Apple'...
New Ray-Ban Meta glasses have Outsold Previous Version, Essilux CEO Says
[Product]
2024/08/20 09:04
Meta Platforms and EssilorLuxottica's new generation of smart glasses have sold more in a few months than the old ones did in two years, EssilorLuxottica's Chief Executive said on Tuesday.The Ray-Ban Meta smart glasses went on the market last October, allowing users to livestream directly from the glasses to followers on Facebook and Instagram. The smart glasses have Meta AI built in, with the...
Nubit Autonomous Mobility Service for Wheelchair Users
[Design]
2024/08/20 09:03
Nubit is a universal autonomous mobility service designed to make wheelchair users realize their possibility to enjoy travel experiences. The smart system gathers information about its passenger, from their disability to their wheelchair characteristics so that the system can provide various exterior and interior options. It also allows Nubit to provide user with personalized services for ultim...
(Patent) Apple Invents Virtual Stores for Vision Pro
[Tech]
2024/08/19 09:10
The U.S. Patent and Trademark Office officially published four new Virtual Store patent applications covering different aspects of this huge project. When you look at the patent figures, they look cartoon-like and very elementary when in reality, we know how Vision Pro can knock our socks off with floating webpages, IMAX-like movies and so forth. So you have to let your imagination expand when...
