The German real estate industry’s ongoing market uncertainty driven by higher interest rates, recession fears, and inflation will likely continue to weigh on property values and financing costs, according to Boston Consulting Group’s latest analysis. Transaction volumes are declining and it has become more difficult to refinance or redeem existing financing, with regularly maturing liabilitie...

Long thought a pipe dream, scientists have discovered a drug that mimics the effects of exercise.The weight loss drug revolution appears to have truly arrived. For decades, there have been compounds available that trim weight or buff muscles, but they always have come with dangerous side effects and worsened long-term health. The trade-off simply wasn’t worth it. A prized weight loss pill stil...

The race to monetize music superfans is heating up, and one of the lead startups in the field says it’s in the process of raising millions more for its AI-powered superfan platform.Social media platform and fan-centric home for celebrity obsessives Fave says it has raised USD $2 million in an ongoing funding round that it expects will reach $6 million.The round has seen the return of early inv...

Beauty behemoth Estée Lauder’s sales have been more break-up than make-up in recent reports: on Wednesday, the 77-year-old legacy brand posted quarterly revenues that were down 10%, or $410 million, from last year’s figure. The luxury label, with its vast portfolio brimming with brands like MAC Cosmetics and La Mer, saw its share price sink 19% to a 6-year low on the back of the weak earning...

As it moves towards commercialization, Honda has demonstrated potential applications for its Autonomous Work Vehicle at Toronto Pearson Airport.Back in March, Honda announced that it was looking for partners to test its rolling electric platform "designed to enhance workforce productivity and support repetitive tasks." Now the AWV has been given inspection duties at Toronto Pearson Airport.The...

From the Seven Wonders of the World, to the Grand Tour, for most of human history tourism was an elite pastime; it’s only relatively recently that ‘ordinary’ people could travel for pleasure. In this infographic, we’ve partnered with Booking.com to tell this story and how technology democratized U.S. travel, which according to the World Tourism & Travel Council, could employ 17.4 millio...

At this year’s 2023 Specialty Equipment Market Association (SEMA) Show, Lexus featured six vehicles, each designed to highlight its prowess in offroad adventures. Among the stars of the show was the 2022 Lexus LX 600 Premium AAP Build. This outdoor vehicle, embodying the spirit of exploration, is designed for those quick weekend getaways to the lake or wherever the rugged terrain leads.What im...

These innovations can drive you faster toward your business goals, especially in the fast-evolving age of AI. Purposefully integrate a select few to help build and protect your digital organization while generating value.Big PictureThese strategic technology trends will factor into business and technology decisions over the next three yearsGartner urges you to evaluate the impacts and benefits...

The U.S. Patent and Trademark Office officially granted Apple a patent that relates to wearable devices, such as AirPods, smart headbands (within hats & other headwear) and smart glasses.Including haptic actuators, and more particularly, to haptic outputs that are coordinated with a position of a virtual object (which may correspond to or represent a person, an audio source, an instrument,...