(Infographic) Social Media's Copycat Conundrum
[Business]
2023/08/02 09:05
Nearly every major social media feature has been copied or iterated on by rival apps, causing most major social media platforms to begin to look the same.Why it matters: Social media giants have a long track record of adopting popular features and integrating them into their own apps to stay competitive. Their key points of differentiation are increasingly becoming their philosophies, values an...
Beyond Work Raises $2.5M to Make Work More ‘Human’ with LLMs
[Investing]
2023/08/02 09:04
London-based Beyond Work, a startup looking to make working with enterprise tools more human and seamless with large language models. (LLMs), today announced it has raised $2.5 million in a pre-seed round of funding. The investment was led by Moonfire Ventures, with participation from MIT’s E14 fund.Beyond Work said it plans to use this capital to accelerate the development of its human-AI wor...
The Pixel Tablet Sucks : Here's What Google Should Have Made Instead
[Design]
2023/08/02 09:03
Controversial hot-take: Smart Displays suck. Companies don’t know what they’re doing with them, and their approach feels a lot like they’ve got a solution in search of a problem. No company has successfully flip-flopped on the smart home display issue as much as Google. They acquired Nest, designed a Nest Hub Display, forgot about it a year later, killed the Nexus tablet, forgot about tablet...
(PDF) Earning Report : LVMH - The First Half of 2023
[Investing]
2023/08/01 09:10
LVMH reported a surprising drop in U.S. sales. The luxury goods giant’s CFO Jean-Jacques Guiony said asipirational customers “are not shopping as much as they used to.” The results from LVMH and Cartier owner Richemont have investors bracing for a potential luxury slowdown in the U.S.Highlights of the first half of 2023 include: • An excellent first half despite a disrupted environment, •...
Private Micro Gyms Costing $11 an Hour are Popping Up All over Singapore
[Business]
2023/08/01 09:09
The Gym Pod offers private gym spaces inside a yellow container across Singapore. Micro gyms costing around $11 an hour in Singapore are popping up near parks, malls, and petrol stations.They offer a private space for customers to work out away from the busy crowds at regular gyms. The Gym Pod has 140,000 registered app users worldwide with interest growing after the pandemic. Singapore's fitne...
Global Foldable Smartphone Shipments to Cross 100 Million by 2027
[Business]
2023/08/01 09:08
Global foldable smartphone shipments are projected to reach 101.5 million in 2027 from 78.6 million in 2026. Samsung and Apple are expected to dominate the market.Regional drivers, especially in China, combined with growing consumer willingness to buy foldables will help keep shipment growth buoyant.Global foldable smartphone shipments are expected to pass the 100-million mark by 2027, accordin...
(Video) World’s First ‘Hologram Zoo’ Opens To Let You Interact With Animals Up Close
[Business]
2023/08/01 09:07
Virtual-reality solutions provider Axiom Holographics has officially launched the world’s first Hologram Zoo in Brisbane, Australia—a 1,000-square-meter (11,000-square-foot) experiential destination that’s dubbed the “most futuristic animal theme park.”Visitors can choose to explore 25 different experiences featuring animals from Africa, Australia, the Arctic, under the ocean waves, or eve...
Hermes Surpasses Rivals With Strong US Birkin Bag Demand
[Business]
2023/08/01 09:06
Chairman Dumas says early July demand has kept up globally. Results blow the industry ‘out of the water’: analyst Solca.Hermes’s sales and profit jumped as the maker of Birkin bags stood out from its luxury-industry rivals with unabated demand for its high-end purses, notably in the US and China.First-half earnings and sales growth beat analysts’ estimates. Revenue in the Americas gained 21...
(Infographic) The Top 100 Brands by Value in 2023
[Business]
2023/08/01 09:05
Brand value can be a critical part of any company’s intangible assets.These kind of non-physical assets, such as patents and brand names, are having an increasing influence on a company’s overall value. A 2020 analysis found that intangibles made up 90% of the S&P 500’s market value, an increase of 22 percentage points since 1995.This graphic shows the world’s 100 most valuable brands i...