(IPO) Israeli Beauty and Wellness Company Oddity Jumps in Debut After $424 Million IPO
[Investing]
2023/07/21 09:08
L Catterton-backed Oddity gains 36% after upized share sale. First-day jump adds momentum to revival of US listings.Beauty and wellness company Oddity Tech Ltd. rose 36% in its trading debut after upsizing its initial public offering to raise $424 million, adding momentum to a listings rebound in the US.Shares of the Tel Aviv-based company opened trading Wednesday at $49.10 after selling for $3...
(Paper) Blanket for Electric Cars Helps Preserve Battery Performance
[Tech]
2023/07/21 09:07
Thermal cloak passively keeps electric vehicles cool in the summer and warm in the winter. Scalable-manufactured Janus thermal cloak and photographs of the EVs with and without the cloak in the daytime.When an electric vehicle is parked outside, its temperature can swing wildly from day to night and season to season, which can lead to deterioration of the battery. To dampen these fluctuations a...
Netflix Subscriber Growth Bounces Back for Q2 2023
[Investing]
2023/07/21 09:06
After a turbulent 2022, Netflix finally seems to have rallied in terms of subscriber additions in the first half of 2023.While the first quarter showed only moderate growth of 1.8 million net paid subscriber additions, a fact attributable to a net decrease in Latin American countries possibly connected to the new paid account sharing model rolled out in five countries in the region, the streami...
Neura Robotics Picks Up $55M to Ramp Up in Cognitive Robotics
[Investing]
2023/07/21 09:05
Neura Robotics, a German startup that since 2019 has been building cognitive robots — machines that possess memory, the ability to operate across a complex and changing mix of variables, and can collaborate with people (“cobots” as Neura calls them) — has raised $55 million. It plans to use the funding to fuel more R&D and to expand its business in Asia and the U.S., and it will be usin...
Bird-Inspired Speaker Wakes You Up to the Sounds of Nature in Your Urban Homes
[Design]
2023/07/21 09:04
Doesn’t your jarring smartphone alarm annoy you every morning? Don’t you just want to throw your phone away and wish we were on some vacation in some peaceful cottage? We always crave some hint of nature and serenity in our urban lives. Imagine waking up to the soothing sounds of birds singing, creating a serene and refreshing atmosphere that instantly lifts your spirits. Whistle, a revolutio...
Why China Could Become The Luxury Industry's Next Sore Spot
[Business]
2023/07/21 09:03
The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest Chinese economic figures and a disappointing sales update from Cartier-owner Richemont (CFR.S) suggest both markets may be starting to slow.Major luxury brands have invested millions to reach new customers in the two markets, venturing beyond traditional high-end shopping centres to op...
(PDF) BCG - Leading Online Shoppers to the Finish Line
[Consumer]
2023/07/20 09:10
E-commerce has grown in both volume and importance in recent years. When the COVID-19 pandemic hit, commerce of all kinds moved to digital platforms, and today online shopping activity remains well above its pre-pandemic levels.Multiple sources invite shoppers to visit new e-commerce sites daily, and customers have grown to expect a seamless, tailored shopping experience across multiple channel...
(Video) Renault's 'Plug Inn' Wins Creative Strategy Grand Prix
[Business]
2023/07/20 09:09
‘Air B&B for plugs’ promotes eco-friendly tourism in small villages. An electric car is only as good as the charging infrastructure where it travels. In France, that meant trips outside of big cities in an electric car could be a tricky endeavor.Renault has launched a new platform - Plug Inn – that will enable up to 475,000 additional electric charging points, thanks to communities of lo...
Meet Autocado, Chipotle’s New Robot to Make Guacamole Faster
[Tech]
2023/07/20 09:08
Chipotle Mexican Grill has developed a robot that can cut, core and peel avocados used in its guacamole as the restaurant industry faces a sustained labor shortage.Today, it takes roughly 50 minutes to make a batch of Chipotle’s guacamole. But the Autocado unveiled Wednesday could cut the prep time in half.The fast-casual chain developed the collaborative robot, or cobot, in partnership with V...
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