TREND REPORTS
Viral Toaster-Maker Developing Small Wind Power Generator
[Tech]
2023/08/08 09:07
Balmuda to start trials of small wind power generators. Company is known for making high-end household appliances.A Japanese boutique appliance maker has its eyes on a new challenge amid the energy transition trend: developing a small-scale wind power generator.Balmuda Inc. — the manufacturer of products including a $300 toaster that has a cult following — said it will begin trials this fall...
Brevel Sprouts $18.5M to Develop Microalgae-based Alternative Proteins
[Investing]
2023/08/08 09:06
Microalgae is everywhere, it seems. It’s being used as a way to replace fossil fuels and is used in cosmetics and pharmaceuticals and as a food source. It’s a substantial market, too, expected to be valued at $25.4 billion by 2033.Brevel, a Tel Aviv–based company, is developing microalgae into an alternative protein and today announced $18.5 million in seed funding.Founded in 2016 by three b...
BYD vs. Tesla : China's EV Giant is Charging Ahead
[Business]
2023/08/08 09:05
For Chinese manufacturing giant BYD, it seems like the only way is up at the moment — the automaker has just posted its third consecutive month of record-breaking EV sales and climbed 224 positions on this year’s Fortune Global 500.While its 212th placement on Fortune’s list will undoubtedly be the first time that some in the West will have come across BYD, the company has quietly become one...
How Delvaux, The World’s Oldest Luxury Leather Goods Maison, Emerged as a Gen Z Fave
[Business]
2023/08/08 09:04
What does the world’s oldest luxury leather goods house and a 1900s surrealist painter have in common? Beyond that they both hail from Belgium, they’re joining forces for one of the summer’s most fantastical cross-genre collections.Coinciding with the 125th anniversary of Belgian master René Magritte’s birth, luxury brand Delvaux is launching a limited edition Surrealist-inspired capsule c...
3D Printed Terracotta Cooler Gives a Modern yet Traditional Makeover to Air-Conditioning
[Design]
2023/08/08 09:03
This Nature-inspired traditional innovation is a low-tech terracotta cooler offering an eco-friendly solution to cooling.With the relentless increase in global temperatures, air conditioning has become an essential requirement for human survival, rather than a mere luxury. However, conventional air conditioning systems exacerbate the issue by contributing significantly to the carbon footprint....
(PDF) McKinsey Technology Trends Outlook 2023
[Business]
2023/08/07 09:10
Which technology trends matter most for companies in 2023? New analysis by the McKinsey Technology Council highlights the development, possible uses, and industry effects of advanced technologies.After a tumultuous 2022 for technology investment and talent, the first half of 2023 has seen a resurgence of enthusiasm about technology’s potential to catalyze progress in business and society. Gene...
(Patent) Apple Won a Patent for Advanced Controls Related to Their Vision Pro Headset
[Tech]
2023/08/07 09:09
The U.S. Patent and Trademark Office officially granted Apple a patent that revealed what was coming to Apple's future headset in terms of user interfaces that would use a combination of eye gaze and touch controls along with hand and body gestures and even Siri. Prior to Apple introducing their Vision Pro, this was one of the most descriptive patents on this subject matter to date. Apple's gra...
Services Gloss Over Apple's Hardware Slump
[Investing]
2023/08/07 09:08
Citing strong currency headwinds and an "uneven macroeconomic environment", Apple reported its third consecutive quarter of declining sales on Thursday. The overall results were slightly better than expected, however, as record services sales partly glossed over lackluster iPhone, Mac and iPad sales. Total sales were down 1.4 percent to $81.8 billion year-over-year, but without the positive imp...
AI Chip Startup Tenstorrent Lands $100M Investment from Hyundai and Samsung
[Investing]
2023/08/07 09:07
The appetite for hardware to train AI models is voracious.AI chips are forecast to account for up to 20% of the $450 billion total semiconductor market by 2025, according to McKinsey. And The Insight Partners projects that sales of AI chips will climb to $83.3 billion in 2027 from $5.7 billion in 2018, a compound annual growth rate 35%. (That’s close to 10 times the forecast growth rate for no...
