TREND REPORTS
Shares of China’s Luckin Coffee Plunged 76% after the Company Revealed Fake Sales Figures
[Investing]
2020/04/06 09:05
Luckin Coffee’s investors “should no longer rely upon” its previous financial statements over the last three quarters of 2019, as the figures have been faked by its COO Jian Liu.Shares of Chinese coffee company Luckin Coffee Inc (NASDAQ: LK) crashed on Thursday. LK stock closed 75.57% down at $6.40 and continued falling after hours. In the pre-market trading at the moment of writing, Luckin...
No-Touch Delivery Platform Protects Against Spreading Viruses - Axlehire
[Business]
2020/04/06 09:04
A delivery company has developed a no-touch delivery system that allows consumers to sign for packages using their own phones.With more of us social distancing, staying at home and ordering necessities for delivery, it is not always easy to avoid contact with the courageous delivery workers who are keeping things moving. Logistics company AxleHire has developed a no-touch system to help with th...
Red Dot Design Award 2020 Winner - The Handle : Minimalist Smart Door Lock Handle
[Design]
2020/04/06 09:03
The Handle is an award winning concept design that uses invisible tech for a smart lock door handle. It has multiple sensors that detect movement as you are getting close, the back lighting would automatically turn on to guide you where to touch the backside of fingerprint identifying area.Instead of just using numbers as password, The Handle also allows you to create secret pattern or uses dif...
(Paper) Google DeepMind's MuZero Teaches Itself How to Win at Atari, Chess, Shogi, and Go
[Tech]
2020/04/05 09:10
In a paper published in the journal Science late last year, Google parent company Alphabet’s DeepMind detailed AlphaZero, an AI system that could teach itself how to master the game of chess, a Japanese variant of chess called shogi, and the Chinese board game Go. In each case, it beat a world champion, demonstrating a knack for learning two-person games with perfect information — that is to...
(PDF) Mckinsey - Five Actions Retail Supply Chains can Take to Navigate the Coronavirus Pandemic
[Business]
2020/04/05 09:09
Retail supply chains are grappling with the humanitarian impact of the outbreak, as well as new operational risks. Five actions can help retailers bring goods to communities and help employees.As the coronavirus outbreak has spread and its humanitarian impact has grown, retailers have stepped up their efforts to provide consumers with essential goods and to protect the health and well-being of...
(M&A) Ikea Acquires AI Imaging Startup Geomagical Labs to Supercharge Room Visualisations
[Investing]
2020/04/05 09:08
Ikea, the Swedish home furnishings and decor giant, has been one of the leaders among retailers when it comes to adapting to tech innovations that impact its business, being one of the first to launch augmented reality applications, Partnering with others to develop smart home devices and launching a business unit to build that out further, investing in relevant startups, and even picking up of...
Warren Buffett Can Hunt Elephants From Home
[Investing]
2020/04/05 09:07
This is a market for Warren Buffett, and U.S. investors sure could use some of his positive vibes right now. So where is America’s biggest booster and hungriest dealmaker?Buffett, the chairman and CEO of Berkshire Hathaway Inc., has been noticeably quiet since an explosion in coronavirus cases sent much of the populace into self-isolation and the country hurtling toward a recession. New York C...
Startups Pager, Hims & Hers Boost Telehealth Offerings To Address COVID-19 Pandemic
[Business]
2020/04/05 09:06
As more people turn to telemedicine for ailments, the current infrastructure is bursting at the seams.But with increased demand comes increased wait times. As such, some startups are working to help give people greater access to health care during a time in which the entire globe is facing a very serious health crisis.This morning, New York-based digital health startup Pager announced it has de...
Startup Genome : The Coronavirus is Hurting Global Startup Investments
[Investing]
2020/04/05 09:05
The world has been shaken up by the coronavirus, and the global startup community is no exception. Startup Genome has issued the first installment of reports that it plans to do on how startups are being affected since the onset of COVID-19.The company found that Chinese venture capital deals fell 50 to 57 percentage points in the first two months of the year, since the onset of the crisis, rel...
