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2022 Global Smartphone Market Declined by 18%, Lowest Since 2013

Apple Regained No. 1 Rank with Highest-Ever Operating Profit Share of 85%The global smartphone market declined by 18% YoY to reach 304 million units in Q4 2022.Apple replaced Samsung as the top smartphone player in Q4 2022, driven by the recent launch of the iPhone 14 series.The 2022 global shipments declined by 12% to 1.2 billion units, the lowest since 2013.Global smartphone revenue declined...

(Patent) Google Filed A Patent Application for “Visual Recognition” Technology

Have you ever found yourself hungry in an unfamiliar part of your city, or stopped somewhere new on a road trip looking for local landmarks? Google wants to point you in the right direction. The company filed a patent application for “visual recognition” technology that uses location data. Think of it as an “in-world” version of Google Maps: A person can take a photo of their surroundings,...

Tesla’s Unrivaled Profit Margins

Tesla’s price cuts are an attempt to protect its market share, but they’re not exactly the desperation move some media outlets have claimed them to be.Recent data compiled by Reuters shows that Tesla’s margins are significantly higher than those of its rivals, both in terms of gross and net profit. Our graphic only illustrates the net figures, but gross profits are also included in the table...

Google Invests Almost $400M in ChatGPT Rival Anthropic

Alphabet Inc.’s Google has invested almost $400 million in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar with the deal.Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google’s cloud computing services. The deal marks the latest alliance betw...

Jony Ive Gives Red Nose Day Nose A "Dramatic" Flat-pack Redesign

Former Apple designer Jony Ive has reimagined one of the world's most recognisable fundraising products – the nose worn as part of the annual Red Nose Day appeal.Created by Ive and his design studio LoveFrom for the UK charity Comic Relief, the revamped red nose consists of a honeycomb sphere made from paper, which folds down into a flat crescent shape.Comic Relief describes the redesign as "t...

(PDF) Mckinsey - E-Commerce is Entering a New Phase in Southeast Asia

Changing consumer and merchant habits are creating opportunities for logistics companies—if they can cater to new needs and meet more exacting standards.While growth of Southeast Asia’s e-commerce market has accelerated since the mid-2010s, the COVID-19 pandemic has propelled it into an new phase. From 2016 to 2021, the total value of e-commerce sales grew fivefold, or 40 percent, annually. A...

Turbine-Shaped Skyscraper Concept Rotates With the Wind

The building could generate electrical energy thanks to its rotation.As engineering reaches unimaginable heights of knowledge and expertise, the depictions of the future that seem out of sci-fi movies seem to be more feasible than ever. In such a project, the Dubai skyline could get a futuristic taste of its own thanks to Turkish architect Hayri Atak’s skyscraper concept which is designed to p...

EV Battery Maker ONE Raises $300M, Now Valued at $1.2 Billion

Michigan-based battery startup Our Next Energy (ONE) said it closed a $300 million Series B funding round that takes the three-year-old company’s valuation to $1.2 billion.The latest round, led by investors Franklin Templeton and Fifth Wall, makes Our Next Energy one of the most valuable privately held battery companies in the United States.ONE is delivering prototype versions of its Aries I b...

(Infographic) Visualizing the Changing World Population, by Country

On average, there are 250 babies born every minute around the world. This adds up to over 130 million new human beings entering the world every year.Then it’s no surprise that the world’s population, which now stands at a whopping 8 billion, has more than tripled since the mid-20th century.This graphic by Truman Du uses December 2022 population data from the UN and summaries from the French I...

 

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