Everseen Raises Over $70M for AI Tech to Spot Potential Retail Theft
[Investing]
2023/05/16 09:07
In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer items in stock than in its recorded inventory. He settled on computer vision as the solution to the problem, and founded a company, Everseen, to commercialize the technology.Everseen — which uses computer visi...
Where Major Social Media Platforms Are Spending Their Ad Budgets
[Business]
2023/05/16 09:06
YouTube increases traditional spend, while Pinterest looks to the silver screen. TikTok is backing away from paid social, and Twitter is experimenting with out-of-home as the pandemic subsides.Learn to partner with creators and build customer trust with authenticity. Join leaders from TikTok, the NBA and more at Social Media Week, May 16–18. Register now.By now, creators and the general public...
62% of Chinese Luxury Shoppers Are Buying At Home Vs. In European Capitals
[Consumer]
2023/05/16 09:05
The days of buying in bulk in Europe are over. Last month, more than half of luxury purchases by Chinese shoppers took place locally. The three-year-long pandemic saw Chinese nationals repatriating their luxury consumption, and now it seems there is no going back.Even with international borders reopened, local shoppers are choosing to splurge at home. According to sales compiled by alternative...
This Mixed Reality Headset Gamifies Your Fitness Regime, Trigers Healthy Habits in a Fun Way
[Design]
2023/05/16 09:04
Mixed reality is transforming the way we perceive and experience the world around us. We can virtually step into an immersive environment that feels almost like the real thing. One useful application of this technology is health gamification. For those who are unaware, gamification is the process of incorporating game elements such as points, rewards, and achievements, into non-game contexts.Th...
Dyson's New Hair Straightener Uses Hot Air Instead of Metal Plates
[Product]
2023/05/16 09:03
The Dyson Airstrait can dry and straighten wet hair without the risk of burning.Dyson stepped outside its comfort zone for its third hair-styling product in the Corrale: a $500 cordless flat iron that uses flexible plates to greatly reduce the risk of heat damage to hair. With the Dyson Airstrait, the company’s created another hair straightening device that takes advantage of what it does best...
The Midas List : The World’s Best Venture Capital Investors In 2023
[Investing]
2023/05/15 09:10
After years of ballooning startup valuations and high-paced dealmaking in venture capital, the traditionalists are striking back in 2023. The investors who dominate the 22nd annual Midas List represent a return to VC’s roots: early-stage, high-conviction dealmakers who have returned real cash.Produced in partnership with TrueBridge Capital Partners, the Midas List has long tracked venture capi...
Startup UVeye Raises $100M to Use AI to Detect Tire Pressure, Car Problems
[Investing]
2023/05/15 09:09
Vehicle inspection is a painstaking affair and requires immense attention to detail. When it comes to checking several vehicles, there is a likelihood of human error. Now there’s help at hand with US- and Israel-based UVeye, which comes to the rescue with the world’s first fully-automated suite of vehicle inspection systems.In a recent development, UVeye completed its Series D investment roun...
(PDF) Mckinsey - Europe’s Gen Z and The Future of Mobility
[Consumer]
2023/05/15 09:08
A recent McKinsey survey reveals that younger drivers in Europe have distinct mobility preferences.Like many generations before it, Gen Z doesn’t always follow the rules. For young drivers who still require a private vehicle, the types of cars they want to own, as well as how they want to own or access them, are fundamentally different from the preferences of older generations.As part of our r...
(Paper) MIT - Wearable Patch Can Painlessly Deliver Drugs Through The Skin
[Tech]
2023/05/15 09:07
Using ultrasonic waves that propel drug molecules into the skin, the patch could be used to treat a variety of skin conditions.On the palm of a person’s hand is a unique circular device. The base looks like clear gel pad with 4 circular white sensors on it. Wavey copper lines attach the sensors to each other.The skin is an appealing route for drug delivery because it allows drugs to go directl...