Koreans Buy Tesla, GameStop as Foreign Stock Buying Hits Record
[Investing]
2021/02/03 09:04
Koreans bought a net $5 billion of foreign shares in January. Koreans are ‘highly exposed’ to U.S. market risks: Goldman.South Korean traders piled into U.S. stocks like GameStop Corp. and Tesla Inc. in January, driving their buying of overseas equities to a record high in January.Korean individual and institutional investors bought a net $5 billion of foreign stocks in January, their most-ev...
Alma Expands Mental Health Network Buoyed By $28M Series B
[Investing]
2021/02/03 09:03
Alma’s platform enables providers to accept insurance. It also provides a member directory, client-matching service, scheduling and billing functions, as well as education, training and a community for support, he said. In addition, Alma works with the insurance companies on behalf of the providers, which reduces session costs down to an average of $18.“The toll of mental health has never bee...
(PDF) Mckinsey - Sporting Goods 2021 : The Next Normal for an Industry in Flux
[Business]
2021/02/02 09:10
Eight trends are shaping the sporting goods industry in 2021. To win in the next normal, players must adapt to a shifting landscape.In 2020, the sporting goods industry contracted for the first time since the financial crisis of 2007–08. Most brands, retailers, and manufacturers finished the year significantly in the red, despite a bounce back in activity after the first and before the second...
Xiaomi Introduced a Brand New Form of Charging – Mi Air Charge Technology
[Tech]
2021/02/02 09:09
Revolutionizing the current wireless charging methods, Mi Air Charge Technology enables users to remotely charge electronic devices without any cables or wireless charging stands. Today, we enter a true wireless charging era.The core technology of Xiaomi’s remote charging lies in space positioning and energy transmission. Xiaomi’s self-developed isolated charging pile has five phase interfere...
How Global Electric Car Sales Defied Covid-19 in 2020
[Business]
2021/02/02 09:08
Electric car sales in 2020 exceeded these expectations. Backed by existing policy support and additional stimulus measures, the IEA preliminary estimate is that electric car sales worldwide climbed to over 3 million and reached a market share of over 4%, making 2020 a record-breaking year for electric mobility. This is equivalent to a growth of over 40% in global sales from the 2.1 million elec...
Sila Nanotechnologies Raises $590M to Fund Battery Materials Factory
[Investing]
2021/02/02 09:07
Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that has helped it lock in partnerships with Amperex Technology Limited as well as automakers BMW and Daimler.Now, Sila Nano, flush with a fresh injection of capital that has pushed its valuation to $3.3 billion, is read...
(Paper) A New AI Chip can Perform Image Recognition Tasks in Nanoseconds
[Tech]
2021/02/02 09:06
When it comes to chess, computers seem to have nothing left to prove.Since IBM’s Deep Blue defeated world chess champion Garry Kasparov in 1997, advances in artificial intelligence have made chess-playing computers more and more formidable. No human has beaten a computer in a chess tournament in 15 years.In new research, a team including Jon Kleinberg, the Tisch University Professor of Compute...
Vaccine Protectionism Endangers the Global Fight against Covid-19
[Business]
2021/02/02 09:05
Europe’s threat to withhold vaccine exports until it has its share could hamper progress against the virus.LIKE ALL countries, the members of the European Union want to vaccinate their people against covid-19 as quickly as possible. The EU has ordered 1.7bn doses of vaccines (with options for 600m more) from six manufacturers. The EU’s medicines agency has so far approved three for use, of wh...
AI to Power Car-Free City in Saudi Arabia, Centred Around Nature
[Tech]
2021/02/02 09:04
Mass transit operates below ground and shops, workplaces and leisure destinations are all within walking distance. Introduced by His Royal Highness Mohammed bin Salman, Crown Prince, The Line is a 170 kilometre long urban development running from Saudi Arabia’s Red Sea Coast inland to the mountains in the north west. Located in a region called Neom, the area has been designated a living labora...
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