TREND REPORTS
(Video) Apple Vision Pro iFixit Teardown Reveals What’s Inside and How It Works
[Product]
2024/02/12 09:10
Apple has entered a new product category with the Vision Pro. The expensive eyewear, positioned to transport us into the future of VR, is an expensive deal to begin with at $3,499. So, ripping something of that value apart to just reveal how repairable it is and to what it packs within that makes it worthy of making Apple a new category giant may seem obnoxious to us.But that’s little of a det...
(PDF) BCG - Delivering Top-Notch People Performance
[Consumer]
2024/02/12 09:09
The people practices that got organizations where they are today won’t help them in the future.To respond to ongoing technology, hiring, and other trends, organizations have to cultivate a variety of new talent and skills. They need people who understand AI well enough to write prompts and integrate the technology into existing IT systems. They need a larger cybersecurity workforce to counter...
Disney Invests $1.5 Billion in Fortnite Maker Epic Games to Create New ‘Universe’
[Business]
2024/02/12 09:08
Deal comes as the company reported an increase of 49% in profits and picked up Taylor Swift’s Eras Tour movie for streamingDisney has announced a $1.5bn move into video games, striking a partnership with Epic Games, the publisher of Fortnite, and agreeing to take a minority stake in the business.The Hollywood giant said it would build a “games and entertainment universe” with Epic for fans o...
Black Consumer Spending in The US Beauty Category
[Consumer]
2024/02/12 09:07
Recognizing the importance of the Black consumer to the beauty industry is crucial for understanding the category’s dynamics. This segment of consumers has a unique influence over beauty and outspend the average consumer in key categories.Black consumer spending in BeautyIn 2023, Black consumer spending on Beauty products amounted to $9.4 billion, with dollar, unit, and household growth outpac...
Adobe Unveils Firefly AI for Vision Pro with Limited-Time Free Text to Image Creation
[Product]
2024/02/12 09:07
Adobe has announced that its popular generative AI app Firefly is coming to Vision Pro. The company says the experience is “purpose-built for visionOS” and will help users “bring their creative visions to life.” While the app usually costs generative credits, Adobe is making it free to use the text to image AI on Vision Pro until March.Adobe beta tested Firefly in 2023 with all Creative Clo...
Stop The Music : Universal Pulls Its Songs from TikTok
[Business]
2024/02/12 09:05
The world’s largest record label, Universal Music Group (UMG), has started pulling its music from TikTok, after the 2 heavyweights failed to sign a new deal following lengthy contract negotiations.There’s no love lost between the pair, with UMG citing TikTok’s lack of protections against AI in a scathing open letter, as well as deriding the app’s compensation rates for being “a fraction”...
Forta Announces $55M Series A To Build AI Healthcare and Improve Access To Quality Care
[Investing]
2024/02/12 09:05
Forta, an AI healthcare company improving access to dependable quality care, today announced it has raised $55 million in Series A financing led by global software investor Insight Partners. Leading technology and healthcare investors participated in the round, including Exor Ventures and Alumni Ventures, as well as founders of 23&Me, Curative, Forward, Flexport, Warby Parker, Prelude Ferti...
Layoffs Show That Tech Jobs Aren’t Sacred Anymore
[Consumer]
2024/02/12 09:03
Job cuts used to be taboo in Silicon Valley. Now they’ve become a part of life, even for companies that are doing well.For Sydney Russakov, it’s been a year of transitions. In March 2023, she lost her job at a startup called Universe, which offers “no-code” software design tools, when it cut her product manager role. She took a bit of time off before starting a new position at Nextdoor Hold...
CB Insights - State of AI 2023 Recap
[Investing]
2024/02/07 09:10
The explosion of generative AI saves the AI sector from the worst of the venture drought. Although AI venture activity slowed down in 2023, the sector — and particularly, generative AI — remains the one clear bright spot in an otherwise somber fundraising environment. Based on our deep dive below, here is the TLDR on the state of AI:In 2023, AI startups raised $42.5B across 2,500 equity round...
