(Video) Former SpaceX Engineers Raised $50M to Build a Tesla for Freight Trains
[Investing]
2022/01/20 09:10
Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The company, which has raised $53.15 million to date, including a $3.6 million seed round, is working to create a more efficient, decarbonized freight network that flows on top of existing railway inf...
(PDF) Mckinsey - Creating a Competitive Edge in Omnichannel Grocery Fulfillment
[Business]
2022/01/20 09:09
The time is now for grocery retailers to optimize their omnichannel grocery operations to take full advantage of market opportunities.The rise of omnichannel during the pandemic—fueled, in large part, by the meteoric rise of e-commerce—is no passing fad. In the United States, for example, online-grocery sales penetration as of June 2021 was three times above prepandemic levels, rising from lo...
Adidas is Taking The Court to the Ocean for Its New Collection with Parley Ocean Plastic
[Business]
2022/01/20 09:08
On the occasion of the australian open, adidas and parley for the oceans have set up a giant full-size sustainable tennis court in the middle of the great barrier reef. Raising awareness about plastic entering the oceans, the court — made entirely from recycled plastic materials — floats atop the surface of a barge that regularly travels through the reef completing environmental marine constr...
(M&A) Microsoft Makes a Move - Buying Gaming Company Activision Blizzard.
[Investing]
2022/01/20 09:07
Just last week we were discussing how fast the video game industry was growing, exploring why Zynga — the maker of FarmVille — was to be acquired for almost $13bn.Well this week Microsoft went one further, announcing a deal to acquire gaming giant Activision Blizzard, the studio behind games like Call of Duty and World of Warcraft, for $68.7bn — more than 5x the value of last week's Zynga de...
Turing Labs, Which Uses AI to Help Formulate CPG Products, Raises $16.5M
[Investing]
2022/01/20 09:06
Working remotely has become the norm for a lot of desk-based employees, and there have been a number of tech companies that have seen their business explode in catering to that shift. But today comes news of a different kind of startup called Turing Labs, which is addressing the same challenges, but as they apply to people who work in laboratories. It has now raised $16.5 million in funding on...
(Infographic) Post-Pandemic Spending Report
[Consumer]
2022/01/20 09:05
If you were fortunate enough to keep your job during the pandemic, you probably noticed a financial benefit: you spent less. Amid restrictions, credit card spending on fun activities—like going out for dinner—became less frequent.Looking ahead, the majority of Americans plan to continue at least one budget change post-pandemic, including eating out less (49%), buying fewer clothes and shoes (...
This Holographic Display Makes Your NFT Art Buy Look More Interesting
[Design]
2022/01/20 09:04
If you are diving into NFTs and the digital media that comes along with them, you might as well have something that proudly displays that piece of NFT art you just bought.If you thought cryptocurrencies like Bitcoin and Ethereum were already controversial, try throwing the word “NFT” around and see the debates explode like a long-dormant volcano. While discussions for and against the use of N...
You Can Be Decomposed in Water Instead of Being Buried or Cremated
[Tech]
2022/01/20 09:03
There are multiple alternatives to what's going to happen to your remains after you're dead. Everyone's familiar with burials and cremation, but have you ever heard of aquamation?Cremation is the method of disposition of a dead body through burning it. Cremation is often considered an environmentally friendly alternative to traditional burial practices. But burning dead bodies to ash requires i...
(PDF) PwC - 25th Annual Global CEO Survey
[Business]
2022/01/19 09:10
As environmental, financial and societal pressures converge, today’s leaders must solve a new equation.As we near the two-year mark of the pandemic, the global economy has rebounded from the depths of mid-2020. The IMF projects global GDP to grow 4.9% in 2022, a downtick from the 5.9% growth expected in 2021, but still formidable. The 4,446 CEOs from 89 countries and territories who responded...