Here's Why That's Not as Crazy as It Sounds. He first considered an IPO. "What a disaster that would have been."Yvon Chouinard, who founded Patagonia 52 years ago, just made a stunning announcement. The 83-year-old entrepreneur and his family have given away their $3 billion company--all of it--to a special trust and a foundation created to combat climate change and protect nature. Chouinard al...

Tommy Hilfiger made its long-awaited return to NYFW with “Tommy Factory” — a cross-boundary experience that celebrated diversity, innovation, and creativity in both the online and offline worlds.Tommy Hilfiger has made his long-awaited return to New York Fashion Week for the first time since before the pandemic, bringing the metaverse along with him for the ride. The Tommy Factory show, whic...

After BTS announced a hiatus from group activities due to some members most likely having to start mandatory military service in South Korea, the stage seems to be well prepared for the next biggest k-pop act to increase its popularity: Blackpink, the four-piece girl group, will release Born Pink, their first album in two years, on September 16. As our chart based on data collected by Kworb.net...

Qloo, a New York-based provider of an artificial intelligence platform for culture and taste preferences, raised $15M in Series B funding.The round was led by Eldridge and AXA Venture Partners.The company intends to use the funds to expand its team of data scientists, enrich its technology, and build on its sales channels in order to continue to offer insights into global consumer taste for For...

Alstom contributes to the greenest rail network globally. CO2-emission-free trains in service just 4 years after the start of trial operations.Alstom, global leader in smart and sustainable mobility, is proud to announce that the world’s first hydrogen train, the Coradia iLint, reached another historical milestone today in Bremervörde, Lower Saxony, Germany. It is now used on the world premie...

Integrated solar panels could help electric cars rival their fossil-fuel counterparts by making them less reliant on charging points and potentially free to run, says Lightyear's Emanuele Cornagliotti in this interview as part of our Solar Revolution series."I think most electric vehicles will have a solar roof in the future," he told Dezeen. "It's a topic that all big car manufacturers are wor...

The US Patent & Trademark Office published a patent application from Apple that relates to a possible future generation of Group FaceTime conferencing for iPhone, iPad, Macs and their Mixed Reality Headset. This future version will integrate gaze technology into their hardware camera systems in a way that will directly engage participants in a unique way.Today, when a participant is speakin...

Regions like the US and Asia and sectors like fintech have been hit hardest by the drop-off. Using CB Insights data, we break down what the shifting venture landscape means for the world’s billion-dollar companies.In 2021, investment into tech startups exploded — more than doubling year-over-year (YoY) to reach $621B — and the number of unicorns (private companies worth $1B+) surged accordin...

The round was led by Equal Opportunity Ventures, with participation from Gradient Ventures, LDV Capital, AME Cloud Ventures, and Morado Ventures.The company intends to use the funds to continue to expand operations and its development efforts.Led by CEO Julian Green, Headroom is developing a real-time communications platform for virtual meetings. The company uses AI to analyze participants’ vi...