(PDF) Mckinsey - How European Consumers Perceive Electric Vehicles
[Consumer]
2024/08/12 09:08
As the electric-vehicle market continues to grow in Europe, customer expectations are also evolving.Electric vehicles (EVs) are no longer a niche business. They now account for 16 percent of new-car sales in Europe, up from under 1 percent in 2019. Despite the removal of purchase subsidies in certain markets, such as Germany at the end of 2023, sales have remained stable. Since the beginning of...
US Luxury Spending Down 11% in July, Says Citi
[Business]
2024/08/12 09:07
Credit card data from Citi Research suggests a steep decline in spending for luxury leather goods and ready-to-wear, while watches saw unexpected growth. The personal luxury goods market is set to grow 4 percent in 2023, said Bain & Company.US consumers spent 11 percent less on luxury goods in July compared to the same month last year, Citi Research said Friday citing data from a panel of 1...
For Automakers, Autonomy And Sustainability Are Top Startup Investment Themes
[Investing]
2024/08/12 09:06
In a typical year, major automakers participate in several billion dollars worth of startup funding rounds. And so far, 2024 is not bucking the trend.Per Crunchbase data, the largest global automakers and their affiliated venture funds have joined in at least 52 startup funding rounds this year, collectively valued at close to $2.8 billion. By deal count, the pace of activity is similar to what...
(Video) Mosquitoes Can Fly But They Can't Hide from The Bzigo Iris
[Product]
2024/08/12 09:05
Mosquitoes are masters of evasion when indoors, seemingly disappearing after you unsuccessfully try to swat them or grab them out of the air. That's where the Bzigo Iris comes in, as it tracks them and shows you where they are.Made by Israeli startup Bzigo, the Iris first caught our attention in 2020 when it was still in prototype form. Fast-forward four years, and the device is now commerciall...
Half of US Mobile Gamers Spend More Than $50 on Games Each Year
[Consumer]
2024/08/12 09:04
50% of adult US mobile gamers spend between $1 and $50 per year on mobile games, according to an April 2024 CivicScience survey.Beyond the chart:Mobile games will generate $23.44 billion in US in-app purchases in 2024, with $22.50 billion of that coming from virtual goods sales, according to EMARKETER’s forecast.In 2024, US mobile game ad revenues will reach $7.77 billion, per our March 2024 f...
LoFone has a Unique Colour E-Ink Display
[Product]
2024/08/12 09:03
LoFone has a unique colour E Ink display that is gentle on the eyes, promotes better sleep and has incredible battery life.The case and battery are replacable.It has a point and shoot camera with no live preview, to make photo taking impulsive and fleeting.It also has a torch, a headphone socket and a user-assignable action button, making it just as useful as a smart phone.Unlike other phones,...
(PDF) Mckinsey - Gen AI’s Next Inflection Point
[Business]
2024/08/09 09:10
As many employees adopt generative AI at work, companies struggle to follow suit. To capture value from current momentum, businesses must transform their processes, structures, and approach to talent.After nearly two years of debate, the verdict is in: generative AI (gen AI) is here to stay, and its business potential is massive. We’ve already witnessed an exponential rate of gen-AI-related in...
(Patent) Apple Wins a Patent for Next-Gen MacBooks That Include Backside Cameras and a Rotatable Display
[Tech]
2024/08/09 09:09
The U.S. Patent and Trademark Office officially granted Apple a patent that relates to possible future MacBooks that could provide backside cameras, fixed or attachable, and a display that could be rotatable and detachable which could be a winning feature.Apple's granted patent describes possible future MacBooks which could include a base portion including an input component and a display porti...
Fast Food Is in Flux… But America’s Still Lovin’ It
[Business]
2024/08/09 09:08
The fast food industry is in a state of flux, with consumers balking at higher prices on the menus of some of the biggest names in the game.Yesterday, Pizza Hut and KFC both reported that same-store sales had fallen. That followed industry giant McDonald’s, which hasn't had the smoothest start to the year so far, last week reporting that same-store sales had dropped 0.7% too — the first decli...