A New Unicorn is Born : Root Insurance Raises $100M for a $1 Billion Valuation
[Investing]
2018/09/06 09:07
Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led by Tiger Global Management, pushing the company’s valuation to $1 billion. Redpoint Ventures, Ribbit Capital and Scale Venture Partners all participated as follow-on investors in this latest round.The car insurance company, founded in 2015, plans to u...
Visualizing the Largest Coffee Exporters Across the Globe
[Investing]
2018/09/06 09:06
Drinking coffee means that you will live longer. So says a host of recent research. Even if the exact cause of increased longevity isn’t caffeine, about 2 out of 3 American adults drink a cup of coffee every day. [click to enlarge]That means the market for getting a cup o’ joe is absolutely enormous, and we decided to figure out which countries are responsible for supplying most of us with ou...
(Video) Fully 3D Printed An Array Of Light Receptors On A Hemisphere
[Tech]
2018/09/06 09:05
The research is published today in Advanced Materials, a peer-reviewed scientific journal covering materials science. The author also holds the patent for 3D-printed semiconducting devices."Bionic eyes are usually thought of as science fiction, but now we are closer than ever using a multimaterial 3D printer," said Michael McAlpine, a co-author of the study and University of Minnesota Benjamin...
The Apps Winning the Battle For Our Attention
[Consumer]
2018/09/06 09:04
With the smartphone as the centerpiece of the new global consumer economy, how we allocate our screentime between the myriad of apps that exist is becoming a very telling statistic.After all, the companies that win the battle for app mindshare will have unfettered access to billions of consumers, as well as the economic opportunities that emerge from that access.The Duopoly vs. Everyone ElseMos...
(Video) Volvo's Autonomous Car is Basically Architecture with Wheels
[Design]
2018/09/06 09:00
Let’s think about it for a second. If the most important aspect of a car (the driver) is removed, how much should a car look and behave like a car? It wouldn’t necessarily need steering wheels, a gear, pedals, rear-view mirrors, or a traditional dashboard, so what’s the difference between a self-driving car (without any of the above) and a cabin on wheels?The only true constant in the case o...
(PDF) Mckinsey - Fast Forwarding Last-Mile Delivery – Implications for The Ecosystem
[Business]
2018/09/05 15:04
What’s the outlook for the last-mile delivery ecosystem, given rapid development in technology? How will technological advances affect unit economics, customers, and competitive dynamics?One of the best parts of the e-commerce journey is the moment that you finally get your hands on that long-sought-after, much-anticipated item you ordered. As technology increases customers’ expectations of w...
(Patent) Apple Watch May Adopt Always-On Screen, Patent Suggests
[Tech]
2018/09/05 15:03
It's a matter of days until Apple reveals its latest products.We're expecting there to be three iPhones with, potentially, radically different designs and an all-screen iPad Pro with Face ID. Not to mention the long-awaited AirPower charging pad and the fourth-generation Apple Watch. There may be a new MacBook of some kind, likely an entry-level model which could replace the MacBook Air. And ma...
For Electric Cars, Focus on the Small Picture
[Business]
2018/09/05 15:03
Raw sales numbers are tiny, but growth is astronomical.Electric vehicles, prized for their acceleration, are speeding up. Bloomberg NEF estimates the global electric vehicle market will this week pass the milestone of 4 million sold to date, according to a report published on Thursday. Having taken about five years to get to the first million, the last million were sold in about six months.Four...
Nestle Wants Your DNA
[Business]
2018/09/05 15:03
Swiss food giant taps AI, smartphones to sell new health range. Nestle Japan leads company’s foray into personalized diet plan.Nestle Japan is using artificial intelligence, social media, and home-testing DNA kits to create personalized diets.The company that brought you milk chocolate, Maggi instant noodles and Rocky Road ice cream is worried about your health.Nestle SA, the world’s largest...
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