TREND REPORTS
American Retailers have Laid Off or Furloughed One-Fifth of Their Workers
[Investing]
2020/06/07 09:05
AMERICA’S RETAILERS have been clobbered by the coronavirus. Gap, a fashion chain, and Kohl’s, a department-store group, each furloughed 80,000 workers as early as March. Macy’s, the country’s biggest department-store chain, issued pink slips to another 125,000. Last month two more clothing chains, Neiman Marcus and J.Crew, filed for bankruptcy. Few have managed to avoid layoffs. Best Buy, a...
Squad Hits Desktop as the Social Screen-Sharing App Aims to become Gen-Z Zoom
[Business]
2020/06/07 09:04
Zoom is an enterprise software company built to help employees meet virtually; it was never intended to be the social platform that guided a disconnected world through a lockdown.On the back of a big quarantine usage bump, Squad, a social screen-sharing mobile app popular with teen girls, is looking to eat away at Zoom’s social growth and widen its app’s appeal with the launch of a desktop we...
Berliner Ensemble Gives Glimpse of Its Socially Distanced Theatre
[Design]
2020/06/07 09:03
The Berliner Ensemble theatre group has removed around 500 of its 700 seats to prepare for reopening in alignment with Germany's social-distancing policies.The Berlin-based theatre group, which operates from the 19th century Theater am Schiffbauerdamm building, shared an image of its auditorium on Twitter to give theatre-goers an idea of the experience they will have when it reopens following t...
(Patent) Apple Wants a Patent for Determining the Location of Mobile Devices inside a Vehicle
[Tech]
2020/06/04 09:10
US patent application 20200169855 discloses a method for determining the location of mobile devices inside a vehicle based on the interactions between the vehicle’s signal generators and sensors and the mobile device’s signal generators and sensors. The diagram below depicts a vehicle that includes a device location system using signal sensors to determine a device location.Patent Application...
(Infographic) The Rise and Fall of the Global Luxury Goods Market
[Business]
2020/06/04 09:09
Global demand for personal luxury goods has been steadily increasing for decades, resulting in an industry worth $308 billion in 2019.However, the insatiable desire for consumers to own nice things was suddenly interrupted by the coming of COVID-19, and experts are predicting a brutal contraction of up to one-third of the current luxury good market size this year.Will the industry bounce back?...
AER - The First Cordless Hair Dryer
[Product]
2020/06/04 09:08
The first high performance, artificially intelligent, cordless hair dryer. The cordless AER hair dryer is perfect for maintaining your style throughout the day.From phones to headphones and even vacuum cleaners, in the last few decades we've seen a steady stream of technology embracing the freedom of going cordless. But one appliance has remained securely connected to mains power – the humble...
How to Approach (and Work with) the 3 Types of Corporate VCs
[Investing]
2020/06/04 09:07
Corporate venture capital (CVC) is booming, with more than $50 billion of CVC capital deployed in 2018. The rise in capital expenditures by CVCs between 2013 and 2018 was an impressive 400%, according to Corporate Venturing Research Data. There are currently more than a hundred active CVC investors, and some sources suggest that almost half of all venture rounds include a strategic investor.Thi...
The Highest-Valued Startups in the World ? Bytedance
[Investing]
2020/06/04 09:05
According to analyst CB Insights, Chinese AI company Bytedance is the highest-valued startup – currently private, up-and-coming company – in the world. The venture which is valued at US$75 billion is running content platform Toutiao in China, which uses machine learning to tailor a newsfeed for each individual viewer out of traditional and new media sources.The second highest-valued startup a...
(Video) A Coating That Repels Viruses could Improve PPE for Healthcare Workers
[Tech]
2020/06/04 09:04
Researchers at the University of Pittsburgh have created a washable textile coating that prevents viruses from adhering to its surface. Now more than ever, personal protective equipment (PPE) is crucial to protect health workers from the spread of viruses. However, germs can still latch onto the material of the equipment. As a solution, researchers at the University of Pittsburgh have created a...
