Tesla Rides Model 3’s Popularity to Its First Profit in 2 Years
[Investing]
2018/10/25 09:09
The company made $311 million — more than any other quarter in Tesla’s history.Tesla has posted its first profitable quarter in two years, its third ever, thanks to the popularity of the Model 3 sedan. The automaker said on Wednesday that it generated $6.8 billion in revenue in the third quarter of 2018 and walked away with $311 million in profit — the most the company has ever made in a qua...
(Patent) Apple Patent Shows New Way to Create 3D Printed Models
[Tech]
2018/10/25 09:08
A patent filed by Apple Inc. shows a new method to print 3D models using triangular tessellation. The patent office approved the method, which breaks smooth surfaces into little triangles that approximate the shape of the original model, on October 23, 2018.The unique aspect of the patent involves the infill and surface. The infill are little patterns inside an object that help it retain rigidi...
Why Megabrands Come Shopping for Israeli Retail Technology
[Business]
2018/10/25 09:07
Amazon, Adidas, Nike, eBay, Walmart, Best Buy – the world’s retail giants are lining up to buy the Israeli technologies now reinventing commerce.Avid skateboarders like Roy Tertman wear out their shoes every few weeks. To save time shopping, Tertman would order a bunch of pairs online and return those that didn’t fit. He discovered that 35% percent of all shoes purchased online are returned,...
(PDF) The 2018 Edelman Earned Brand study
[Business]
2018/10/25 09:06
Today more than ever, consumers are putting their faith in brands to stand for something. To do the right thing. To help solve societal and political problems. Whether people are shopping for soap or shoes, they’re weighing a brand’s principles as much as its products. Opting out of taking a stand is no longer an option for brands. The 2018 Edelman Earned Brand study reveals that nearly two-t...
Baidu's AI Can Do Simultaneous Translation Between Any Two Languages
[Tech]
2018/10/25 09:05
Baidu Research reveals a translation tool that keeps up by predicting the future.Would-be travelers of the galaxy, rejoice: The Chinese tech giant Baidu has invented a translation system that brings us one step closer to a software Babel fish.For those unfamiliar with the Douglas Adams masterworks of science fiction, let me explain. The Babel fish is a slithery fictional creature that takes up...
Synthego Raises $110M to Make Gene Editing Technologies More Accessible
[Investing]
2018/10/25 09:04
Synthego has a fresh $110 million in cash from new investors at Founders Fund and the company’s previous backers — 8VC and Menlo Ventures — to try and drive costs down.Genetic engineering research is time-consuming and cost-prohibitive. If we want gene editing to help us all live longer, healthier lives, we need to streamline the process.That’s Synthego’s stance, anyway.The startup asserts...
HTC’s Blockchain Phone will Push the Boundary of Smartphone Security
[Product]
2018/10/25 09:03
HTC’s latest phone may just be a game-changer, or it may be another failed attempt at greatness… either which way, it’s worth addressing that HTC has put some serious innovation into its latest phone.Behold the Exodus, a phone that’s touted as HTC’s most secure phone yet, designed to facilitate cryptocurrency trading and be, in itself, a secure wallet for your crypto-coins. Titled Zion, th...
(PDF) Piper Jaffray - Talking Stock with Teens Survey - Fall 2018
[Consumer]
2018/10/24 11:12
Overall teen spending down 5% from spring and up 1% from a year ago. Food and video games continue to dominate teen wallet. Accessories share of female wallets reached an all-time low (under 5%). Instagram surpasses Snapchat as the No. 1 most used social media platform as Facebook engagement declines Piper Jaffray Companies (NYSE: PJC), a leading investment bank and asset management firm, compl...
China Is the World’s Retail Laboratory
[Business]
2018/10/24 11:12
Companies are testing a range of concepts, from facial-recognition payment systems to fully automated convenience stores.The internet boom reached China late, but the country’s consumers have adapted to life online more rapidly and thoroughly than those anywhere else. E-commerce sales soared past $1 trillion last year, the highest anywhere in the world. Here groceries can be delivered to your...
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