TREND REPORTS
(PDF) 2024 Online Retail Report : US Online Retail Sales to Reach $1.2 Trillion
[Business]
2024/07/26 09:09
E-commerce is “maturing” and returning to “pre-pandemic normalcy” as it continues to capture market share, according to FTI Consulting. A customer using a smartphone to shop. U.S. online retail sales are forecast to rise nearly 10% in 2024, per a new report. Indicating the continued growth in e-commerce, U.S. online retail sales are forecast to rise 9.8% to $1.2 trillion this year, accordin...
OpenAI Announces SearchGPT, Its AI-Powered Search Engine
[Business]
2024/07/26 09:08
OpenAI is announcing its much-anticipated entry into the search market, SearchGPT, an AI-powered search engine with real-time access to information across the internet.The search engine starts with a large textbox that asks the user “What are you looking for?” But rather than returning a plain list of links, SearchGPT tries to organize and make sense of them. In one example from OpenAI, the s...
The Great Wealth Migration
[Consumer]
2024/07/26 09:07
This year is shaping up to be a watershed moment in the global migration of wealth. As the world grapples with a perfect storm of geopolitical tensions, economic uncertainty, and social upheaval, millionaires are voting with their feet in record numbers, seeking greener pastures and safer harbors for their assets and family interests. The conflicts in Ukraine and Gaza, far from being isolated a...
Porsche, Lamborghini, Rolls-Royce : Car Brands Drive Innovation on The Blockchain
[Business]
2024/07/26 09:06
Amid rising customer expectations and stiff competition, automotive brands are turning their attention to NFTs and the blockchain. How are they moving the needle?When luxury stalwart Porsche made its foray into non-fungible tokens (NFTs) last year, the backlash that followed was a wake-up call for the automotive industry.A brand feted for its high-performance vehicles, Porsche’s misfire – sai...
(Infographic) Magnificent 7 Mania: Why Diversification Still Matters
[Investing]
2024/07/26 09:05
In 2023, the Magnificent Seven stocks outperformed the S&P 500, catching the attention of many investors. However, it’s crucial to remember that these stocks have underperformed previously as well, so having a balanced and diversified portfolio remains key. In this graphic, Visual Capitalist partnered with New York Life Investments, to explore the importance of diversifying investments bot...
Skip and Arc’teryx Built A Futuristic Exoskeleton. Here’s What It’s Like to Walk In It
[Product]
2024/07/26 09:04
Once a secretive Google X project, the startup Skip is debuting an exoskeleton designed for hiking, alongside outdoor gear legend Arc’teryx.It’s roughly 90 degrees with 90% humidity, the sort of Midwestern summer day that turns the cornfields into a jungle. I’ve just climbed up and down nearly 1,000 stairs at a local park, and yet, I’m barely sweating. I wish I could tell you that I’m just...
Buying Meds Online
[Consumer]
2024/07/26 09:04
A new report by Vice News has revealed that since the overturning of Roe v. Wade, more people are turning to buy medication such as the contraceptive pill at illegal online pharmacies. While certified sites are regulated and effective in many countries, the U.S. Food & Drug Administration (FDA) warns that bogus sites are also out there which could sell potentially dangerous counterfeits.To...
(Paper) Disney Research Designs an Expressive, Character-Driven Robot
[Tech]
2024/07/25 09:10
Disney Research Hub has different priorities to other robot developers; its robots need to move effectively and efficiently – but also with a ton of style and personality. This super-cute biped, based on the BD-1 droid, is a perfect example.BD-1, to the uninitiated, made its first appearance in Star Wars: Jedi Fallen Order, a terrific video game released in 2019. This bird-like biped, like man...
(PDF) Mckinsey - How Retailers Can Build and Retain a Strong Frontline Workforce in 2024
[Business]
2024/07/25 09:09
Frontline retail workers in the United States are still planning to leave the industry in droves. New data reveals how retailers can improve the frontline experience and retain employees.The job market in the United States may have grown stronger in the past few months, but a closer look at the data suggests retailers face difficulties. As of May 2024, there were about 2.5 million more job vaca...
Mytra, A 3-Dimensional Robotics Company, Raised $78M in Funding
[Investing]
2024/07/25 09:08
Mytra, new warehouse robotics company founded by ex-Tesla and Rivian leaders, launches. Company launches with $78 million in funding, Fortune 100 customers, offering a 3D robotics solution already in use at select Albertsons DCs.Mytra's robots have a lift capability of 3,000 lbs, with a patented Helix Design. The corner elements of the bot allow it to climb vertically within a modular matrix st...
Roblox Announces Team USA Olympic and Paralympic Games Partnership
[Business]
2024/07/25 09:07
Roblox announced today that it is working with NBCUniversal and Team USA to bring the 2024 Paris Olympic and Paralympic Games to its users. The U.S. Olympic & Paralympic Committee and NBCUniversal created a custom experience on Roblox’s platform in partnership with developer Monks, called the “Team USA Ultimate Obby,” which features multiple different Olympic/Paralympic-related features...
Pew - About 3 in 10 Americans Would Seriously Consider Buying An Electric Vehicle
[Consumer]
2024/07/25 09:06
A new Pew Research Center survey finds that only about three-in-ten Americans say they would very or somewhat seriously consider purchasing an electric vehicle (EV), down 9 percentage points in the past year.Amid this softening interest, we asked Americans about factors that could influence their choice of electric versus gas-powered vehicles: environmental benefits, cost, driving experience an...
