(PDF) Mckinsey - The Investors That Matter Still Want You to Focus on The Long Term
[Business]
2023/05/03 09:08
Our latest survey of chief investment officers of long-horizon equity funds shows (again) that they seek to invest in companies that prioritize long-term business fundamentals over short-term targets.To say that shareholders care most about today’s stock price movements has become a truism. And perhaps some truly do feel this way. It’s hard to emerge from a quarterly earnings call without the...
7,800 IBM Jobs Could be Replaced by AI, Automation
[Consumer]
2023/05/03 09:07
IBM to Pause Hiring for Jobs That AI Could Do. CEO Krishna says IBM to pause hiring for replaceable roles.International Business Machines Corp. Chief Executive Officer Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years.Hiring in back-office functions — such as human resources — will be suspended or slo...
(Infographic) Which Jobs Will Be Most Impacted by ChatGPT ?
[Consumer]
2023/05/03 09:06
On November 30, 2022, OpenAI heralded a new era of artificial intelligence (AI) by introducing ChatGPT to the world.The AI chatbot stunned users with its human-like and thorough responses. ChatGPT could comprehend and answer a variety of different questions, make suggestions, research and write essays and briefs, and even tell jokes (amongst other tasks).Many of these skills are used by workers...
Beyond Combines Physical and Digital Fashion With AR Snapchat Lenses
[Product]
2023/05/03 09:05
Beyond's "phygital" capsule collection features a physical hoodie people can preview in AR.Beyond. People can purchase a hoodie featuring an NFC chip.The search for this year's Media All-Stars has begun! Submit an entry by May 22 to be considered.Creative tech studio Beyond is experimenting with the intersection of physical and digital fashion with the launch of its first “full-cycle” Phygita...
Amazon : Not Just an Online Store
[Business]
2023/05/03 09:04
In keeping with the theme of this earnings season – low expectations surpassed – Amazon reported better-than-expected results on Thursday. The e-commerce giant that had struggled to live up to expectations in 2022, reported a net profit of $3.2 billion on net sales of $127 billion for the first three months of 2023, beating analyst expectations on the top and bottom line.“There’s a lot to l...
DuPont Announces Kevlar® EXO™, A Groundbreaking Next-Generation Aramid Fiber
[Product]
2023/05/03 09:03
DuPont has debuted a new version of its famous bulletproof Kevlar fabric called EXO at this year's United States Army Rangers' Best Ranger Competition at Fort Benning Georgia. The company says it is the most significant aramid fiber innovation in over 50 years with not only better ballistic protection, but it's also lighter, more flexible, and more heat resistant.Mention Kevlar and it's likely...
(PDF) BCG - A New Migration Strategy for Growth and Innovation
[Business]
2023/05/02 09:10
Human progress depends not only on a handful of exceptional individuals with breakthrough ideas, but on the broader array of people who help realize those ideas by keeping the engines running and greasing the wheels of innovation. An essential ingredient in this mix is migration, the blend of talent that populations drawn from beyond a country’s borders can provide—a combination of brain powe...
Botticelli’s Venus as ‘Influencer’ in Tourism Campaign Faces Widespread Ridicule
[Design]
2023/05/02 09:09
The use of a computerised mascot of the Renaissance figure to promote Italian culture has been described as “humiliating” and “grotesque”.The campaign sees Botticelli's Venus taking selfies in front of Italian landmarksAn official website and video using a computerised mascot inspired by Botticelli's The Birth of Venus (around 1485) to promote tourism to Italy has drawn widespread ridicule....
LVMH’s Market Value Exceeds $500 Billion, a First in Europe
[Investing]
2023/05/02 09:08
Boom in China sales, euro’s strength help lift luxury company. Stock’s surge cements Arnault status as world’s richest person.LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of luxury goods in China and a strengthening euro.The achievement comes less than two weeks after LVMH joined the ranks of the world’s 10...