L’Oréal’s Corporate Venture Capital Invests in Metaverse & NFT Marketplace Startup
[Investing]
2023/01/19 09:09
L’Oréal has announced its decision to venture into the digital realm, with a minority investment in US-based startup Digital Village, a ‘metaverse-as-a-service’ platform and NFT marketplace for brands, creatives, and communities.The investment, which marks the cosmetics giant’s first foray into the Web3 space, was made through its corporate venture capital fund, BOLD, and is designed to ex...
Tesla is Dropping Prices
[Business]
2023/01/19 09:08
Tesla has dropped prices by up to 20% in the US in what appears to be a bid to fuel demand, after missing delivery targets last quarter.The lower pricing is a double benefit for would-be buyers. The cuts mean that, for American consumers, some of Tesla’s most popular lines, like the Model Y SUV, are now below the cap needed to qualify for the $7,500 EV tax credit. And Tesla’s not just having...
Apple Delays AR Glasses, Plans Cheaper Mixed-Reality Headset
[Business]
2023/01/19 09:07
AR glasses were meant to be follow-up to this year’s headset. Lower-cost version of mixed-reality headset now in development.Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product — lightweight augmented-reality glasses — has been postponed due to technical challenges. The company had originally hoped to release the AR g...
Posterity Health Raises $7.5M for Digital Male Fertility
[Investing]
2023/01/19 09:06
Posterity Health, a Denver, CO-based provider of digital male fertility solutions, raised $7.5M in funding.The round was led by Distributed Ventures with participation from FCA Venture Partners and WVV Capital.The company intends to use the funds to accelerate its digital platform and expedite national expansion.Led by Pam Pure, CEO, Posterity Health provides a platform that includes virtual vi...
What Tech Job Cuts Say About Silicon Valley—and the Rest of the Economy
[Consumer]
2023/01/19 09:05
Dozens of companies are shedding significant portions of their workforce after years of growth.After a scramble for labor coming out of the Covid-19 pandemic, the US economy has shown signs of reversing course. US employers announced 13% more job cuts in 2022 than they did the year before, according to consulting firm Challenger, Gray & Christmas Inc. The reductions were small; setting asid...
(CES 2023) The Nova H1 Audio Earrings Let You Proudly Face The Music When You’re Feeling Underdressed
[Product]
2023/01/19 09:04
Wish your life were a music video and you played its beautiful lead? Consider plugging in these pieces of ear candy, which double as both audio gadgets and jewelry.The Nova H1 Audio Earrings, unveiled at CES 2023, are just as functional as they are fancy and fashionable. They’re post earrings with real freshwater pearls that store the brand’s patented ‘Directional Sound’ technology, which d...
Fashion NFTs Total $245 Million In Sales. Can Brands Harness Success In 2023 ?
[Business]
2023/01/19 09:03
Fashion NFTs have demonstrated that their potential is bigger than ever, but consumers remain hesitant. What can brands do to finally achieve mass adoption and keep the market on its feet in 2023? NFTs — whether you love them or hate them, recent findings have shown that the market continues to hold potential despite the crypto winter. In its latest report, blockchain analytics platform Dune u...
(Patent) Apple Files 2 Project Titan Patents Relating to Vehicle Doors and Latch System
[Tech]
2023/01/18 09:10
A year ago Patently Apple posted a Project Titan patent report about a futuristic multi-linkage vehicle door hinge. One year later and Apple has filed for two additional vehicle door patents with the U.S. Patent and Trademark Office. The first patents covers side sliding doors, unfolding sunroof and reinforced vehicle windows, while the second patent relates to a door latch system that includes...
PwC’s 26th Annual Global CEO Survey
[Business]
2023/01/18 09:09
73% of CEOs around the world believe global economic growth will decline over the next 12-months, the most pessimistic outlook in over a decade.Nearly 40% of CEOs don’t believe their organisations will be economically viable in 10 years if they do not transformInflation (40%), macroeconomic volatility (31%) and geopolitical conflict (25%) rank as the top global threats, as cyber and health ris...
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