(PDF) Mckinsey - Why Courting Aspirational Luxury Consumers Still Matters
[Business]
2024/05/08 09:09
To help insulate themselves from economic headwinds, luxury brands have focused much of their attention on serving high-net-worth consumers. But aspirational luxury consumers are just as important.Over the past year, the luxury fashion industry has confronted headwinds that have challenged its yearslong growth. To help offset the broader slowdown in the market, top luxury houses have raised pri...
Ukraine Unveils AI-Generated Foreign Ministry Spokesperson
[Tech]
2024/05/08 09:08
Victoria Shi is modelled on Rosalie Nombre, a singer and former contestant on Ukraine’s version of the reality show The Bachelor.Ukraine on Wednesday presented an AI-generated spokesperson called Victoria who will make official statements on behalf of its foreign ministry.The ministry said it would “for the first time in history” use a digital spokesperson to read its statements, which will...
Global Gaming Report Q1 2024
[Business]
2024/05/08 09:07
Financing for gaming companies is on an upward trend for the first quarter of 2024 according to Drake Star Partners. Both mergers and acquisitions (M&A) transactions and private placements saw modest gains in Q1 2024.“After a long decline from over 80 deals back in Q3 2022, it seems we’re like on an uptick again with 47 M&A deals. It’s a modest uptick, but at least an uptick on the M...
AI Artist Will “Train” Robot Dogs to Do a Live Painting Session
[Design]
2024/05/08 09:06
Spot has been a pretty busy dog, previously appearing with super group BTS a few years and just last week, getting its own costume and dancing its heart out to celebrate International Dance Day. Lest you think that it’s an actual dog though, it’s actually a robotic dog that can do more than just jump and roll over. Now it’s branching out to the art world with a new exhibit featuring the powe...
The Gartner 5-Phase Approach for Enterprise Architecture Leaders to Master AI
[Business]
2024/05/08 09:05
The hype surrounding artificial intelligence has reached a fever pitch, largely driven by the release of specific generative AI tools like ChatGPT and Bard. Most AI investments focus on isolated capabilities for single-use cases, missing the potential of integrating AI to tackle real business problems and unlock diverse applications. Organizations risk falling behind competitors if they continu...
Hi-Fi Audio Player Inspired by Teenage Engineering and Sony Refreshes an Age-Old Design
[Design]
2024/05/08 09:04
Purist audiophiles always come back to the DAPs and high-resolution audio players to enjoy their favorite music collection in high definition. Sony has a foothold in the hi-res audio game for as long as memory goes back, and they continue to offer some of the best players for music listening. Walkman MW-A306 released last year is a favorite one for music lovers.Teenage Engineering resonates the...
Spotify Q1 : More Users, More Cash Flows
[Investing]
2024/05/08 09:03
The world’s biggest music streaming platform posted one of its best financial quarters ever yesterday: Spotify’s gross profit hit €1bn (~$1.08bn) for the first time in the company’s 18-year history, as revenues jumped 20% and the company reported more than €800m in free cash flow for the last 12 months.Those headline figures sent shares up more than 11% and impressed Spotify investors — w...
With Full-Body Scans Be The Next Big Thing ? Neko Health
[Business]
2024/05/07 09:10
The Spotify chief has co-founded a new start-up, Neko Health, that aims to make head-to-toe health scans part of the annual health checkup routine.Bernhard Warner undergoes a “Tissue Scan,” a procedure designed to assess microcirculation, or the blood flow in the arteries of his right forearm.Credit...Photographs and Video by David B. TorchIn conversations with colleagues, fellow entrepreneur...
(PDF) Capgemini - The Eco-Digital EraTM : The Dual Transition to a Sustainable and Digital Economy
[Business]
2024/05/07 09:09
Since the proliferation of smartphones and social media in the late 2000s, digital has captured an increasingly large portion of the economy. In this Capgemini Research Institute report, The Eco-Digital EraTM: The dual transition to a sustainable and digital economy, developed in collaboration with the Digital Value Lab at the Digital Data Design Institute at Harvard, we delve in-depth into the...
(Video) First Anti-Aging Drug for Dogs Nears Approval
[Tech]
2024/05/07 09:08
The FDA is a major step closer to approving the first anti-aging drug for dogs — and it could lay the groundwork for drugs that extend human lives, too.The challenge: In nature, larger animal species, like elephants, tend to live significantly longer than tiny ones, like mice, but within a species, the inverse tends to be true: smaller animals tend to live longer.That’s certainly the case for...
Wayve Raises Over $1 Billion Led by SoftBank to Develop Embodied AI Products for Automated Driving
[Investing]
2024/05/07 09:07
Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. This is the U.K.’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date.Also participating in the raise was Nvidia and existing investor Microsoft. Waye’s early-stage investors included Met...
Nestlé, The World’s Largest Food Company, is Struggling
[Business]
2024/05/07 09:06
When we talk about Nestlé, it’s usually tricky to pin down one reason for its performance considering that the conglomerate has a sprawling portfolio of 2,000+ brands, selling everything from cat food to candy. If some brands are doing poorly, others are typically doing well, and vice versa.But in Q1, the Swiss-based packaged food giant reported a 6% decline in revenue. That was partially due...
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