Porsche Earmarking $273M To Invest In New Start-Up Companies
[Investing]
2023/04/13 09:04
Porsche is setting aside the equivalent of nearly $273 million (€250 million) to invest in new start-ups and put more money into existing venture capital assets. It's also creating Porsche Investments Management S.A. as an independent subsidiary based in Luxembourg for running this business. The new division will manage Porsche's roughly 60 investments in start-up companies. It already has fin...
IMF Corrects Global Growth Forecast Down by a Sliver
[Investing]
2023/04/13 09:03
The International Monetary Fund published its latest World Economic Outlook, correcting its January projection down by a sliver. Three months ago, the IMF had first painted a slightly less gloomy picture of the global economy in its quarterly outlook as inflation appeared to have peaked in 2022, consumer spending remained robust and the energy crisis following Russia’s invasion of Ukraine had...
(PDF) Mckinsey - Winning in China : Top Priorities for Global Apparel and Fashion Brands
[Business]
2023/04/12 09:10
Despite a challenging landscape, China remains one of the most attractive markets in the world for multinational companies that can strike a balance between global and local.The apparel, fashion, and luxury (AF&L1) market in China continues to be one of the largest and most dynamic in the world. After a difficult 2022, the industry is likely to resume double-digit growth, fueled in part by...
(Video) Packable AI Exoskeleton Cranks Outdoor Adventure Into Hyperdrive
[Product]
2023/04/12 09:09
Push beyond your normal limits with help from the Hypershell exoskeleton Hypershell.Forget sports drinks and energy goos, Hypershell has a more concrete and powerful way of boosting your performance on mountain and trail. The Shanghai startup looks to free exoskeleton technology from the workplaces and battlefields where it's often found and send it out into the great wide open.The company's ne...
Apple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer Makers
[Business]
2023/04/12 09:08
Company hit the hardest by slump dragging down all PC makers. Silver lining may be the opportunity to overhaul production.Apple Inc.’s personal computer shipments declined by 40.5% in the first quarter, the worst drop since the final three months of 2000, after sluggish demand and an industrywide glut hit the Mac maker especially hard.Shipments by all PC makers combined slumped 29% to 56.9 mil...
(Video) So Long Treadmill Desks ! Meet The Walking Room
[Product]
2023/04/12 09:07
An office building in Amsterdam is turning one of its rooms into a giant treadmill.I’m standing in a glassy conference room on the ground floor of an office building in Amsterdam, staring down at a carpet made of grass. At the far end of the carpet is a rectangular desk, a long wooden table with four steel legs and a touchscreen embedded into its surface. Touch the button on the screen, and su...
(Infographic) The World’s 25 Richest Countries by GDP per Capita
[Investing]
2023/04/12 09:06
The world GDP per capita continues to grow every year, and is projected to be $13,920 for 2023. Luxembourg is the richest country with a GDP per capita of $128,820. Measuring GDP per capita is a common measure of the economic wealth on a per person basis. This article sorts countries according to the latest International Monetary Fund (IMF) projections on GDP per capita for 2023.Currently this...
(Video) Carbon’s Laser Weeding Robots Score Another $30M - Carbon Robotics
[Investing]
2023/04/12 09:05
If I’m an investor hoping to determine where robotics goes next after logistics, I’m looking at three key categories: construction, healthcare and agriculture. All are still in their relative infancy and poised for (in my humble opinion) some explosive growth. Agtech robotics is going to be an especially interesting category over the next couple of years, given how loudly and aggressively Joh...
U.S. Beer Lovers Have the Luxury of Choice
[Consumer]
2023/04/12 09:04
Thanks to the craft beer revolution that saw the number of breweries in the United States roughly quintuple over the past decade, U.S. beer lovers have the luxury of choice these days. And even though the global brewing industry is more concentrated than ever, with large conglomerates accounting for the lion's share of global beer output, hopheads willing to look beyond the big brands can choos...