A Facebook deal with Ray-Ban shows one way to get consumers to try smart glasses.If you’re squinting a bit to read this—whether on a screen or on paper—you’re not alone. The pandemic has taken a terrible toll on our eyesight. Almost a third of Britons told the College of Optometrists their vision had deteriorated during lockdowns. In China shortsightedness tripled among 6- to 8-year-olds, a...

Pfizer is to enter the medical cannabis industry betting on a promising cannabinoid-based bowel disease treatment.Last week, American multinational pharmaceutical and biotechnology corporation Pfizer signed an agreement with the clinical-stage company Arena Pharmaceuticals for a total equity value of around $6.7 billion.Under the agreement terms, Pfizer acquires all shares for $100 per share in...

McKinsey research shows that the global aesthetics injectables market could grow by 12 to 14 percent a year over the next five years if manufacturers and providers capitalize on the underlying trends.The aesthetics injectables market has historically grown by more than 10 percent a year.1 Expanded access to services (primarily via aesthetics clinic chains, med spas, and beauty bars) and growing...

Indian startup Zepto raised $100 million in latest round. It competes against the likes of Swiggy, Flipkart and Amazon.Zepto, an instant grocery delivery startup founded by two teenagers, has raised $100 million in a funding round led by Y Combinator, taking its valuation to $570 million within five months of starting services in India’s red-hot quick commerce segment.The startup’s newest fun...

In a way, the Reencle’s the most ideal example of a circular economy… because you’re technically using food to grow more food. Designed to effectively compost and break down food waste into nutrient-rich fertilizer.The Reencle is a compact, quiet, odor-free kitchen appliance that puts your food waste to good use; although that shouldn’t give you an excuse to waste more food!Food waste is a...

Deloitte’s 13th annual Tech Trends report provides insights and inspiration to unlock innovation, build trust, and engineer advantage for your digital journey ahead. We invite you to explore the seven trends.1. Data-sharing made easyNew technologies give rise to innovative business models and products by simplifying the mechanics of data-sharing across and between organizations—all while pres...

Adidas sold more than $22 million in NFTs, but it hit a few snags along the way.All 30,000 of Adidas’ Into the Metaverse NFTs were minted within a matter of hours of going on sale Friday. Each NFT cost 0.2 ETH, which currently equates to about $765, and the company sold 29,620 NFTs (“Adidas and partners” held onto 380 for “future events”), meaning the company earned more than $22 million f...

France-based practice airseas installs its first automated seawing kite to a cargo ship chartered by airbus. Following the announcement, the team will commence six months of trials in january. while the kite is half-sized, the full-size kite is expected to save up to 20 percent of fuel burn and emissions.Dubbed ‘ville de bordeaux,’ the 154-meter (505-foot) airseas vessel is owned and operated...

In a lot of respects, progress regarding sustainability and climate change is still far too slow for what the world needs. One area where the pace is really picking up however is that of electric vehicles. That is, the production and purchase of them. When it comes to public infrastructure to match this growing demand, a lot of countries are still a long way behind in providing charging points....