Hong Kong Retail Sales Climb Further as Economy Bounces Back
[Business]
2023/07/04 09:06
Hong Kong’s retail sales rose in May for a sixth straight month as the Asian financial hub’s post-pandemic recovery continues. Retail sales by value increased 18.4% from a year ago, the Census and Statistics Department said Monday. That was lower than the median estimate of a 22.6% increase in a Bloomberg survey of economists. By volume, sales gained 16.5% from a year prior. Consumption has b...
RoboDeck, The Deck Maintenance Robot, Scores a $2M Pre-Seed
[Investing]
2023/07/04 09:05
I’m sure the team at RoboDeck is sick and tired of people referring to their robot as a “Roomba for decks.” But we did so in our write-up when the Israeli firm competed in Startup Battlefield, and I’ve just done so above. It’s a pretty memorable pitch as those things go. The system is designed for maintenance — a pretty annoying part of owning a deck (I’m told) — applying a sealant to t...
Android Is More Intuitive Than iOS
[Consumer]
2023/07/04 09:04
Android and iOS fans have long fought over which operating system is best.While Android users will argue that their OS is more customisable, and more flexible, iPhone users might say that iOS is faster, and that Apple provides better long-term security updates.But for the average user, which OS is more intuitive? Which is easier to pick up and begin using, for the average person?Android vs iOS...
Take a Look at the $300,000 Electric Flying Car- Alef Model A
[Product]
2023/07/04 09:03
Alef Aeronautics' electric flying car, its Model A, got FAA approval for test flights.Alef claims the EV has a driving range of 200 miles and a flight range of 110 miles.The car will cost $300,000. Mock-up images show what it could be like.The Californian automaker said last week that it had received a Special Airworthiness Certification from the Federal Aviation Administration for its Model A...
Hope, Fear, and AI
[Consumer]
2023/07/03 09:10
We polled 2,000 people about how they’re using AI, what they want it to do, and what scares them about it the most.AI is about to change the world — the problem is, no one's quite sure how. Some look at the past year’s rapid progress and see opportunities to remove creative constraints, automate rote work, and discover new ways to learn and teach. Others see how this tech can disrupt our liv...
Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion
[Investing]
2023/07/03 09:09
Backed by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, the startup led by ex-DeepMind leader Mustafa Suleyman is valued at $4 billion — and claims to have the world’s best AI hardware setup.Less than two months after the launch of their first chatbot Pi, artificial intelligence startup Inflection AI and CEO Mustafa Suleyman have raised $1.3 billion in new fund...
BCG - Engaging Consumers in a Generative AI World
[Consumer]
2023/07/03 09:08
Advances in generative AI have brought the internet to an inflection point. In the not-too-distant future, large language model (LLM)-powered virtual assistants could become a universal gateway to the internet. For company leaders, this will mean making fundamental choices about how they engage with consumers.On one side of the spectrum, companies will be able to relinquish control of their con...
Movie Chain Cineworld Cleared to Exit Bankruptcy, Slash $4.5 Billion of Debt
[Investing]
2023/07/03 09:07
Theater chain set to emerge from Chapter 11 after nine months. Company set to receive around $2.3 billion in exit financing.Cineworld Group Plc, the parent company of Regal Cinemas, was cleared to exit bankruptcy and slash billions of dollars in debt after nine months in Chapter 11 protection.US Bankruptcy Judge Marvin Isgur on Wednesday said he would approve the plan, which calls for handing c...
ChatGPT vs Google Bard - Comparing Usage
[Consumer]
2023/07/03 09:06
ChatGTP is Dominating Google Bard.[AIGPTInsights]