TREND REPORTS
Revlon Files for Bankruptcy After Nearly 100 Years
[Investing]
2022/06/20 09:04
It might be the end of an era for legendary cosmetics brand Revlon.The iconic beauty, which is nearly a century old, officially filed for Chapter 11 bankruptcy on Thursday, citing "macro-economic issues" as the primary reason, specifically "legacy debt" challenges and supply-chain disruptions.Revlon is expected to receive $575 million in DIP financing to help day-to-day operations and maintain...
A Concept Car Uses a Heating System Taken from Korean Homes
[Design]
2022/06/20 09:03
Hyundai has developed a concept vehicle that uses a traditional Korean underfloor heating system to create a cosy interior.Traditional Korean houses are kept warm using an underfloor heating system called an ondol. Now, Korean automaker Hyundai has unveiled a self-driving concept vehicle whose interior arrangement echoes the warm and cosy atmosphere of a Korean ondol room. It features a passeng...
(PDF) Mckinsey - Value Creation in The Metaverse
[Business]
2022/06/17 09:10
With its potential to generate up to $5 trillion in value by 2030, the metaverse is too big for companies to ignore.The metaverse is still being defined, both literally and figuratively. Yet its potential to unleash the next wave of digital disruption seems increasingly clear, with real-life benefits already emerging for early adopting users and companies. As we saw in previous shifts in techno...
(Patent) Intel Seeks to Patent Haptic Gloves for Virtual Reality Systems
[Tech]
2022/06/17 09:09
U.S. patent application, US20220179491, discloses haptic gloves for virtual reality systems. The glove to be worn on a hand of a user includes an ultrasonic array disposed on an inner surface of the glove and a control unit to activate the ultrasonic array device to generate haptic feedback on the hand of the user. The figure below illustrates the virtual reality system utilizing haptic gloves....
Philips Screeneo U4 - Ultra Short Throw Projector
[Product]
2022/06/17 09:08
The Screeneo U4 can throw a 60-inch picture on the wall or screen from 7.7 inches away.Philips has launched a compact Full HD ultra-short-throw projector called the Screeneo U4 on Indiegogo for folks looking to beam recipe vids on the kitchen wall, play console games in the spare room or gather in the living room for movie night.Like the company's PicoPix Max projector from 2019, Philips is tak...
(Infographic) The World's Biggest Players in Pharma
[Investing]
2022/06/17 09:07
Pfizer once again tops Pharmaceutical Executive's latest annual ranking of the top 50 biopharma companies for prescription drug sales. Of Rx revenues of $72 billion in 2021, more than half were generated by the company's Covid-19 vaccine, Comirnaty. Pfizer also had the highest R&D spend in the ranking at almost $14 billion.The company had led the ranking between 2015 and 2019, but was overt...
Futuristic Wearable Neck Fan - Torras Coolify2 Neck Cooler
[Product]
2022/06/17 09:06
Torras Coolify2 Neck Cooler is a wearable neck fan with futuristic design. It utilizes centrifugal fan blades with space-saving electronic panel stacking design. This wearable device provides a strong cooling experience when you need it, the wind speed can reach up to 4.5m/s while reducing its overall size by 50%. It’s an ideal personal cooling when you want to keep your hands remain free. It...
Tiger Global’s Startup Business Holds Up Against Bear Market
[Investing]
2022/06/17 09:05
In the past two years, Tiger Global Management has upended the venture industry by investing in startups at an unprecedented pace. Along the way, the New York-based investor has racked up more unicorn portfolio companies—271 by our last count—than any other firm, edging out even Silicon Valley’s largest and most active VCs.But with 2022 lurching into bear market territory and the firm’s hed...
Does China Want Clean Beauty ? Ren Is Banking On It
[Product]
2022/06/17 09:04
British skincare brand Ren has appointed Mandopop idol Evan Lin as its new ambassador. Will this give the cruelty-free label a boost in China? Ren Clean Skincare is giving its China campaign a makeover. On June 1, the high-end skincare label under Unilever appointed Mandarin pop idol Evan Lin as its brand ambassador. In his announcement video on Weibo, Lin highlights that Ren uses plant-based i...
