(Patent) Walmart's Patent Reveals That a Walmart Coin Could be in the Works
[Tech]
2019/08/05 11:32
Walmart is looking into its own US dollar-backed digital currency, along the same lines of Facebook’s much hyped Libra project.A patent application outlines a method for “generating one digital currency unit by tying the one digital currency unit to a regular currency; storing information of the one digital currency unit into a block of a blockchain; buying or paying the one digital currency...
Global E-Commerce 2019
[Business]
2019/08/05 11:32
eMarketer estimate that the global retail market will reach $25.038 trillion in 2019, an increase of 4.5% and slight acceleration in growth vs. the prior year. At the same time, it represents a marked decline from the five years preceding that, when global retail sales grew between 5.7% and 7.5% each year.This consumer spending slowdown over the past two years reflects growing economic uncertai...
Tesla Outs New Megapack Battery for Massive, Modular Clean Energy Storage
[Tech]
2019/08/05 11:32
Tesla's Megapack batteries can hook up directly to solar via a DC connection for wall-to-wall renewable plants.Two short years ago, Tesla pieced together the world's largest battery for the state of South Australia, and with great effect. The company is continuing its moves in this space with a massive new battery dubbed the Megapack, of which it says enough units can be linked together to take...
The Rise of Premium Private Label and its Impact on Discount Retailers
[Business]
2019/08/05 11:31
Stigma and stereotypes have faded for store brands and name brands, respectively. The premium assortment of products in the retailer-branded portfolio continues to expand. And though discount retailers have historically focused on store brands (or, private labels as we often refer to them), many have a renewed interest in name brands amid demand for premiumization. It’s an exciting time for al...
London Bar Uses Facial Recognition to Help Staff Know Who to Serve First - DataSparQ
[Tech]
2019/08/05 11:31
A London bar has become the first in the world to use artificial intelligence to help bar staff know which customers should be served first. New facial recognition software could be the solution to long queues and angry kick-offs in pubs and bars across the UK. Facial recognition technology is helping to stop long waits, underage drinking and queue jumping in packed pubs. FACIAL recognition is...
Apple Is Ramping Up R&D to Find Its Next Big Product
[Business]
2019/08/05 11:30
Amid stagnant growth and declining profits, Apple is pouring money into research and development as its services revenue continues to make up a bigger chunk of the pie.Apple's Q3 earnings came with good news and bad news. The tech giant's services segment continues to grow steadily and helped buoy Apple's overall revenue growth, but profits dipped more than 12 percent amid declining iPhone sale...
Red Dot Design Concept Award 2019 Winner - Pininfarina Bus Shelter Concept
[Design]
2019/08/05 11:30
Pininfarina Bus Shelter concept for the City of Miami Beach just won Red Dot Design Concept Award 2019. Isn’t it exciting how a bus shelter that we usually ignore would get a make over from world-class Italian car manufacturer? Well, in a bid to make a fitting impression, Miami Beach city officials have chosen Pininfarina, a company that’s been known for some of most beautiful cars ever made,...
Harvard has the Highest Number of Ultra-Rich Alumni
[Investing]
2019/08/05 09:30
Harvard is in an Ivy League of its own, with more than 13,650 estimated ultra-high-net-worth alumni worth $4.769 trillion.Going to an Ivy League school seems to seriously pay off.Six of the eight Ivies made the Wealth-X top 20 list of universities with ultra-high-net-worth (UHNW) alumni, which ranks the schools with the wealthiest grads in the U.S. and abroad, as well as how their wealth was ma...
(Infographic) BTS : How the K-Pop Brand Ranks among America's Biggest Pop Stars
[Business]
2019/08/04 09:10
The MTV Video Music Awards just introduced a K-Pop category, but sales and streaming data show BTS has already gone mainstream.Last week, MTV announced it would introduce a new K-Pop category at its annual Video Music Awards, sparking controversy among fans for sidelining the entire genre and, they charged, excluding K-Pop bands from the top awards. The fans of one band, in particular, lashed o...
Starbucks Backs Restaurant Tech Company in Creation of End-to-End Digital Platform
[Investing]
2019/08/04 09:09
Starbucks to license technology to Brightloom – formerly eatsa – taking equity stake and seat on the tech company’s board of directors.Integration to enable best-in-class digital solutions to be available for restaurants through Brightloom, revolutionizing the digital experience for customers. Brightloom will make available cloud-based software solutions to Starbucks global license partnersS...
(PDF) The Future of Medical Imaging : Ultrasound-Assisted Optical Imaging System
[Tech]
2019/08/04 09:08
Ultrasound-assisted optical imaging to replace endoscopy in breakthrough discovery.Carnegie Mellon researchers have developed a novel method to use ultrasound for guiding light through tissue for noninvasive endoscopic imaging of deep organs and tissue without surgery or invasive procedures. Carnegie Mellon University's Assistant Professor of Electrical and Computer Engineering (ECE) Maysam Cha...
The U.S. Dollar Still Dominates Global Reserves
[Investing]
2019/08/04 09:07
While there is officially no such thing as a world currency, the U.S. dollar still is the closest thing to being just that. It may no longer be as important as during the Bretton Woods system, when most currencies were pegged against the dollar, but to this day the U.S. dollar remains the world’s de facto reserve currency.According to COFER (Currency Composition of Official Foreign Exchange Re...
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