Netflix Lost Almost A Million Subscribers Last Quarter
[Business]
2022/07/25 09:06
Almost a million people decided that their lives, and their wallets, would be better off without a Netflix subscription in the last 3 months, as the streaming service reported a second consecutive quarter of falling subscriber numbers.Losing 970,000 subscribers was hardly a success for Netflix, but it was better than the 2 million that they'd expected to lose — which is why the company's share...
Customer Experience Beats Corporate Values as a Purchase Driver
[Consumer]
2022/07/25 09:05
Nearly all consumers worldwide consider how well a company treats its customers before buying from it. In addition, 85% of consumers are swayed by the way it treats employees, and 78% view environmental practices as a purchase driver.Beyond the chart: Nearly half of consumers worldwide recently switched brands for better customer service, making it the top reason after better deals and product...
Biomedical Engineers Create Tiny, Edible QR Code That Detects Fake Whiskey
[Tech]
2022/07/25 09:04
Biomedical engineers from Purdue University and the National Institute of Agricultural Sciences in South Korea set a new record in anti-counterfeiting technology with their creation: a tiny QR code printed on an edible silk tag that detects fake whiskey. This revolutionary safety measure was designed for manufacturers to place in bottles of whiskeys, and once purchased, users can scan the QR co...
Absurdly Clever Slipper Was Designed to be Worn in Any Direction - FOOTatsu
[Design]
2022/07/25 09:03
Ambidextrous bi-directional slippers can be worn in any orientation… because life’s too short to be fumbling with your footwear!It’s customary in Japan to take off your footwear before entering any residential premises. It’s also customary for the host to then rotate the footwear 180° when the guest is about to leave, so they can simply wear their shoes and walk out. FOOTatsu conveniently...
(PDF) Earning Report - Tesla Earnings Q2. 2022 : Tesla Grows Revenue 42%
[Investing]
2022/07/22 09:10
Tesla reported earnings after the bell, and the results sent the stock up slightly after hours.Automotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, impacted by inflation and more competition for battery cells and other components that go into electric vehicles. Automotive revenues made up $14.6 billion of the company’s total, with $1.47 billion coming fr...
(M&A) Amazon is Buying Primary Care Tech Provider One Medical for $3.9B
[Investing]
2022/07/22 09:09
Amazon’s interest in healthcare and being a major player in that industry is taking one big step forward today. The company has just announced that it intends to buy One Medical, a primary care provider that leverages in-person, digital and virtual interactions in its services. One Medical went public in 2020 and Amazon said it will be paying $18/share for the company, working out to an enterp...
Low Carbon Building Materials Startup Terra CO2 Raises $46M, Backed by Bill Gates
[Investing]
2022/07/22 09:08
Terra CO2 Technology, a Golden, CO-based provider of a scalable low carbon alternative for cement production, raised $46M in Series A funding.The round was led by Breakthrough Energy Ventures , and LENx. BEV, with participation from Lennar, Creative Ventures, and Rio Tinto.The company intends to use the funds to accelerate research and development in low-carbon material science, scale the organ...
The Met Deploys 3D Imaging And AR To Paint Classical Antiquity In Living Color
[Design]
2022/07/22 09:07
Chroma leverages tech from reconstructions to an AR experience to spotlight polychromy in Greek and Roman statuary. Decades upon decades of museum exhibits have cemented a view of ancient Greek and Roman statuary in unmistakably white marble — pristine and colorless surfaces that, coupled with formal proportions, have captured what has come to be accepted as the classical ideal. But the crafts...
(PDF) Mckinsey - Demand for Online Education is Growing
[Business]
2022/07/22 09:06
Growing competition in online education suggests providers may need to take bold action. Five strategic moves could help them compete and grow while meeting the needs of learners.Interest and participation in online learning continues to grow: 2020 saw record enrollment,1 and universities have launched new online programs to meet this increased demand.2 From doctoral students to lifelong learne...
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