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How Much Money Does Amazon Make on Prime Day ?

July 11 marks the beginning of the annual Amazon Prime Day, a 48-hour campaign meant to offer Prime subscribers a variety of deals across a broad range of consumer goods. Even though Amazon itself doesn't release official sales numbers for this campaign, estimates by the e-commerce research experts at Digital Commerce 360 show a meteoric rise in revenue connected to Prime Day that's been hamper...

Kengo Kuma Reinterprets FENDI Collection with Japanese Paper and Woven Bamboo

An architecture and fashion crossover takes place between Kengo Kuma and FENDI for the fashion house’s Spring/Summer 2024 menswear show. For the recent collection, Kuma unveils his radical iterations of FENDI’s Peekaboo, Baguette Soft Trunk, and FENDI Flow sneakers by constructing them in traditional washi paper, woven bamboo, birch bark, and Tuscan olivewood. His architectural flair for the...

How Long It Took for Popular Apps to Reach 100 Million Users

Of Twitter’s many new rivals, Meta’s newest social media platform Threads has established its presence with a bang.According to Meta founder Mark Zuckerberg, Threads took only 5 days to reach the key threshold of 100 million users. It achieved this milestone through organic demand—and no paid promotions required—smashing all previous records.But how long have other popular platforms—TikTok...

(PDF) Accenture - Inflection Ahead : Anticipating The Consumer Downcycle

This POV examines the anticipated consumer downcycle and shares what consumer-facing businesses can do to prepare.In 2022, the re-opening of economies created a consumer spending impetus that hit up against a high cost-of-living crisis. Consumers pushed through headwinds by drawing on savings accumulated during the pandemic, trading down to budget products, and cutting back spending on big-tick...

Dual Screen iPhone Vision Concept is a Glimpse Into The Future of Apple

Like the idea of a foldable smartphone, but cannot commit to one because you are gravely engrossed in the Apple ecosystem? There is still time before Apple actually outs the much anticipated and excessively rumored foldable iPhone, until then, ADR Studio Design has unveiled a unique concept, meant to captivate the attention of Apple loyalists desirous of a dual-screen phone.Similar to the iPhon...

Prompt Engineering Startup Vellum.ai Raises $5M as Demand for Generative AI Services Scales

Vellum.ai said it had closed a $5 million seed round. The company declined to share who its lead investor was for the round apart from noting that it was a multistage firm, but it did tell TechCrunch that Rebel Fund, Eastlink Capital, Pioneer Fund, Y Combinator and several angels took part in the round.The startup first caught TechCrunch’s eye during Y Combinator’s most recent demo day (Winte...

(Infographic) Global Sentiment on AI

Artificial intelligence (AI) has become a revolutionary force with the potential to transform many aspects of our daily lives. So understanding how the average person feels about this technology is essential as it integrates further into society. In this graphic sponsored by Lloyd’s Register Foundation, we explore the findings of the World Risk Poll 2021: A Digital World. When we dug into the...

Renalytix Scores Long-Awaited FDA De Novo Nod for AI-Powered Kidney Disease Test

The KidneyIntelX.dkd test relies on an artificial intelligence algorithm to look for certain biomarkers in a patient’s blood sample and to analyze a handful of additional data points collected in their electronic health record. The AI’s findings are presented as a risk score that suggests whether an individual patient is at a low, moderate or high risk of experiencing a progressive decline in...

Prime Time for Boomers : Streaming Services Captivate Older Audiences

The share of older Americans who subscribe to live streaming services grew 60% over the past year.Will Baby Boomers be the next wave of binge-watchers? Following the path of younger consumers, older Americans are increasingly abandoning traditional paid TV services for streaming subscriptions. From 2022 to 2023, there was a 60% increase in US consumers over the age of 55 who subscribe to livest...

 

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