TREND REPORTS
(M&A) L’Oreal to Buy Cult Skincare Brand Aesop in $2.5 Billion Deal
[Investing]
2023/04/04 09:09
French skincare giant L’Oréal SA has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global following, for an enterprise value of $2.53 billion.The transaction, which is expected to close in the third quarter, caps months of negotiations for the asset. Other companies, including private equity firm Permira and Chinese investment firm Pri...
(Infographic) Retail Tech 100 : The Most Promising Retail Tech Startups of 2023
[Business]
2023/04/04 09:08
The Retail Tech 100 is CB Insights' annual list of the 100 most promising private retail tech companies in the world. This year’s winners are using technology to help retailers create more connected and personalized experiences and drive efficiency and profitability.[click to enlarge]CB Insights has unveiled the winners of the third annual Retail Tech 100 — a list of the 100 most promising pr...
AI Search Startup, Perplexity AI Raises $26M to Offer Rival to Google
[Investing]
2023/04/04 09:07
Perplexity AI is part of a wave of startups trying to remake search with artificial intelligence. Perplexity AI, which makes a conversational search engine using artificial intelligence, has raised $25.6 million in a funding round led by New Enterprise Associates, the latest deal in the booming AI sector. Perplexity is part of a growing wave of startups seeking to use artificial intelligence to...
Levi Strauss & Co partners with Lalaland.ai to Test AI-generated Models
[Business]
2023/04/04 09:07
Levi Strauss & Co., has announced its partnership with Lalaland.ai, a retail technology company, to test customisable AI-generated models.The technology will allow products to be displayed on a wider range of body types, skin tones, ages and sizes, creating a more diverse and inclusive customer experience.While acknowledging that AI will likely never replace human models completely, Amy Ger...
(Infographic) The Explosive Growth of Sports Betting
[Business]
2023/04/04 09:05
In 2022, the sports betting market showed the fastest growth in all commercial gaming segments, with a staggering 75% increase in revenue year-on-year.This growth is more than that of all other streams of gaming revenue combined. This includes slots, table games, and iGaming. In this infographic from Roundhill, we explore this explosive growth and the factors that are driving it.What is Driving...
(Video) Vermeer’s ‘Girl With A Pearl Earring’ Serves Real Coca-Cola Bottles From 3D Sign
[Business]
2023/04/04 09:04
Fancy having a Coca-Cola served to you by Johannes Vermeer’s Girl with a Pearl Earring? Now, you can have the famous art subject send the soda down to you as the star of Coca-Cola’s newest campaign. The 3D advertisement board is part of the company’s Masterpieces campaign and its Real Magic marketing platform, which recently debuted a spot where different famous paintings in a museum—includ...
(Video) New Yorkers Friendlier Than Expected as Robots Take Out The Trash
[Consumer]
2023/04/04 09:03
A quick search of stereotypes of New Yorkers yields one characteristic that turns up most frequently: rudeness.So it might come as a surprise that a recent study by Cornell University researchers found New Yorkers were, in fact, quite engaging, helpful and kind to two visitors at a busy spot in Greenwich Village last fall.The visitors were two robotic trash cans.Researchers Fanjun Bu and Ilan M...
(Patent) Apple Wants to Track Every User Movement for Health, AR, and More
[Tech]
2023/04/03 09:10
Since the start of the year, numerous Apple patents have surfaced, hinting at what the technology giant might possibly have up its sleeves. Thus far, ideas have ranged from an iPhone that automatically protects itself during falls to color-changing Apple Watch bands.Now, recently-unveiled patents suggest the company could be heading in the direction of full-body tracking capabilities, with clai...
(PDF) Bain - Global Recession Watch, March 2023
[Investing]
2023/04/03 09:09
Several key measures indicate trouble ahead for economic growth.The world has moved past the period of pandemic lockdowns and hefty stimuli into one of immense economic uncertainty. Inflation reached the heights of the early 1980s, and central bank moves are roiling bond and interest rate markets. Russia’s invasion of Ukraine and the continuing war marks the deadliest military conflict in Euro...
