Tesla’s Unrivaled Profit Margins
[Business]
2023/02/06 09:08
Tesla’s price cuts are an attempt to protect its market share, but they’re not exactly the desperation move some media outlets have claimed them to be.Recent data compiled by Reuters shows that Tesla’s margins are significantly higher than those of its rivals, both in terms of gross and net profit. Our graphic only illustrates the net figures, but gross profits are also included in the table...
Google Invests Almost $400M in ChatGPT Rival Anthropic
[Investing]
2023/02/06 09:07
Alphabet Inc.’s Google has invested almost $400 million in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar with the deal.Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google’s cloud computing services. The deal marks the latest alliance betw...
Jony Ive Gives Red Nose Day Nose A "Dramatic" Flat-pack Redesign
[Design]
2023/02/06 09:06
Former Apple designer Jony Ive has reimagined one of the world's most recognisable fundraising products – the nose worn as part of the annual Red Nose Day appeal.Created by Ive and his design studio LoveFrom for the UK charity Comic Relief, the revamped red nose consists of a honeycomb sphere made from paper, which folds down into a flat crescent shape.Comic Relief describes the redesign as "t...
(PDF) Mckinsey - E-Commerce is Entering a New Phase in Southeast Asia
[Business]
2023/02/06 09:05
Changing consumer and merchant habits are creating opportunities for logistics companies—if they can cater to new needs and meet more exacting standards.While growth of Southeast Asia’s e-commerce market has accelerated since the mid-2010s, the COVID-19 pandemic has propelled it into an new phase. From 2016 to 2021, the total value of e-commerce sales grew fivefold, or 40 percent, annually. A...
EV Battery Maker ONE Raises $300M, Now Valued at $1.2 Billion
[Investing]
2023/02/06 09:04
Michigan-based battery startup Our Next Energy (ONE) said it closed a $300 million Series B funding round that takes the three-year-old company’s valuation to $1.2 billion.The latest round, led by investors Franklin Templeton and Fifth Wall, makes Our Next Energy one of the most valuable privately held battery companies in the United States.ONE is delivering prototype versions of its Aries I b...
Turbine-Shaped Skyscraper Concept Rotates With the Wind
[Design]
2023/02/06 09:04
The building could generate electrical energy thanks to its rotation.As engineering reaches unimaginable heights of knowledge and expertise, the depictions of the future that seem out of sci-fi movies seem to be more feasible than ever. In such a project, the Dubai skyline could get a futuristic taste of its own thanks to Turkish architect Hayri Atak’s skyscraper concept which is designed to p...
(Infographic) Visualizing the Changing World Population, by Country
[Consumer]
2023/02/06 09:03
On average, there are 250 babies born every minute around the world. This adds up to over 130 million new human beings entering the world every year.Then it’s no surprise that the world’s population, which now stands at a whopping 8 billion, has more than tripled since the mid-20th century.This graphic by Truman Du uses December 2022 population data from the UN and summaries from the French I...
(PDF) Capgemini - What Matters to Today's Consumer 2023
[Consumer]
2023/02/03 09:10
2023 consumer behavior tracker for the consumer products and retail industries.In last year’s first edition of our annual research series, What matters to today’s consumer, we found that consumer sentiment and expectations had shifted dramatically over the preceding 18 months. In this year’s edition, we see many of the same trends persisting – for example, consumers still want sustainable p...
(Patent) Apple's Future Foldable Devices will be Provided with Crack Resistant Display Cover Layers
[Tech]
2023/02/03 09:09
Apple was granted a patent for a multi-layered flip phone. On Thursday, the US Patent & Trademark Office published a patent application from Apple that related to a unique protective crack-resistant cover layer structure for future foldable devices such as an iPhone (flip phone), iPad (hybrid laptop), Macs and TV.Apple's invention is focused on correcting display cracking issues found on so...