Interaxon Raises $9.5M for A Brain-Sensing Headband
[Investing]
2022/09/02 09:06
Interaxon, a Toronto, Canada-based consumer neurotechnology company behind Muse, a brain-sensing headband that helps users refocus during the day and recover overnight, raised $9.5M in Series C funding.The round was led by BDC Capital, Alabaster, Export Development Canada, Phyto Partners, Iter Investments, Intretech, and The Clavis Foundation.The company intends to use the funds to enrich its b...
Lululemon - The Athleisure Outfit’s Strong Showing
[Investing]
2022/09/02 09:05
The national report card isn’t looking great. Data out this week revealed that 9-year-olds’ math and reading scores took a huge hit in the last two years — a worrying early sign of the pandemic’s impact on education. Reading results are down some 5 points, the steepest decline since 1990, and math scores have declined for the first time since the National Assessment of Educational Progress...
This AR Helmet for Kids Hones Creativity by Drawing in 3D Space Without Any Limitations
[Design]
2022/09/02 09:04
Honing the creative bend of kids in their early life is important, and their best tool is drawing. That, however, comes with a menacing aftermath for the parents who have to ensure the kids don’t etch the walls of the living room or bedroom with a permanent marker or a hard-to-wipe-off crayon.To create a good balance between the incremental increase in kids’ creative levels over time without...
(Infographic) The Inflation Factor: How Rising Food and Energy Prices Impact the Economy
[Investing]
2022/09/02 09:03
Since Russia’s invasion of Ukraine, the effects of energy supply disruptions are cascading across everything from food prices to electricity to consumer sentiment.In response to soaring prices, many OECD countries are tapping into their strategic petroleum reserves. In fact, since March, the U.S. has sold a record one million barrels of oil per day from these reserves. This, among other factor...
(Patent) Samsung May be Working on a Dual-Screen Phone with Transparent Display
[Tech]
2022/09/01 09:10
The 2010s were a period of stagnating mobile development, but smartphones are getting exciting again, thanks in no small part to Samsung’s exploration of foldable form factors. Phones that fold in half might not be the end of mobile innovation for the South Korean technology giant, though. A new patent application teases a phone with two screens, but unlike the dual-screen Microsoft Duo, this...
(PDF) Mckinsey - Vision 2028 : How China Could Impact The Global Biopharma Industry
[Business]
2022/09/01 09:09
China-originated biopharmas will likely have greater influence on the industry by 2028, but regulatory developments and the quality of partnerships will determine how the industry grows.The West’s biggest biopharma companies, such as GSK, Sanofi, and Pfizer, have cracked the code on going global. They started in their home markets, with all the advantages they had there, and then expanded glob...
The RealReal’s 2022 Luxury Resale Report
[Business]
2022/09/01 07:08
Customers discover escapism through resale; deepens relationship with circular economy.The RealReal the world’s largest online marketplace for authenticated, resale luxury goods — today released its 2022 Luxury Resale Report. The annual report is powered by data derived from The RealReal’s more than 28 million members and more than 26 million items sold to date. This year, The RealReal not o...
Peloton's Pain - Selling Bikes Ain't What It Used to be
[Investing]
2022/09/01 07:07
High-end fitness equipment company Peloton scored a big victory this week, announcing a deal with Amazon that sent the company's share price up some 20% on Wednesday. Unfortunately, like the day after a really long cycle, the pain soon set in for Peloton as they then released a quarterly earnings report that revealed a $1.2bn loss.We should sell... fewer bikes?Among the many alarm bells in the...
Kubota Glasses is A New Wearable Device to Cure or Improve Nearsightedness
[Product]
2022/09/01 07:06
Japanese Pharmaceutical startup Kubota seeks to improve or cure nearsightedness with its Kubota eyeglasses.Nearsightedness or myopia is a common vision condition in which one can focus on items that are close, but objects farther away appear blurred. According to the company’s website, it is expected that half of the world’s population will be affected by this vision disorder by 2050. In addi...