(M&A) Amazon to Acquire Maker of Roomba Vacuums for Roughly $1.7 Billion
[Investing]
2022/08/08 09:09
Amazon is acquiring iRobot for $61 a share, an all-cash deal that values the Roomba maker at $1.7 billion, the companies announced Friday.Best known for its robotic vacuum Roomba, iRobot, has since expanded its product lineup to other home cleaning robots like mops and lawn mowers.The deal will deepen Amazon’s presence in consumer robotics. Amazon made a bold bet on the space last year when it...
(PDF) BCG - Winning The Consumer with Sustainability
[Consumer]
2022/08/08 09:08
Short-Term Imperative, Long-Term Opportunity.As concern about the climate emergency grows, brands in all sectors are navigating the relative role of environmental and ethical initiatives and their impact on UK consumer-decision making. There is much discussion on measuring the return on sustainability investments and on the value shareholders place on companies based on their practices.What is...
(Video) Airspeeder’s ‘Flying Car’ Racers to be Shielded by Virtual Force-Fields
[Product]
2022/08/08 09:07
Airspeeder is a company that aims to put on high-speed races featuring electric flying vehicles. The so-called Speeders are able to fly at speeds of up to 120 mph. The motorsport aims to help advance the electric vertical take-off and landing (eVTOL) sector, which could usher in the age of air taxis.Airspeeder, the world’s newest motorsport, is set to debut its first race in 2021.What can you...
2022 Gartner Hype Cycle for Digital Advertising
[Business]
2022/08/08 09:06
The Expanded Role of Artificial Intelligence in Advertising is Expected Within a Decade, but Privacy Concerns May Impede Progress.There are four emerging technologies on the 2022 Gartner, Inc. Hype Cycle for Digital Advertising that are expected to have a transformational impact on digital advertising: artificial intelligence (AI) for marketing, emotion AI, influence engineering, and generative...
Decoding Ralph Lauren’s New China Strategy
[Business]
2022/08/08 09:05
July saw the launch of a dedicated Double RL store and Ralph’s Bar at Sino-Ocean Taikoo Li — one of the city’s most luxurious retail mecca. With its iconic pony logo and preppy Polo tees, Ralph Lauren has come to embody American luxury on a global scale. And now, as the brand extends its presence to China’s luxury hub, Chengdu, more shoppers are set to be welcomed to its world of wardrobe s...
How People Expect The Metaverse to Improve Daily Life
[Consumer]
2022/08/08 09:04
While the metaverse is still taking shape, consumers are already interested in using it to enhance everyday experiences. About 60% of US teens and adults believe that virtual environments will make the process of finding a fitness or exercise routine significantly better, and the same percentage expect them to improve real estate shopping.Beyond the chart: Brands seeking to replicate real-w...
Ambulance Stretcher Design – A Wheelchair, A Scoop Stretcher, and A Cart Wheel in One
[Design]
2022/08/08 09:03
Studio Rotor designed and developed Ambulance Stretcher Design as medical equipment that transforms from a lightweight wheelchair into a scoop stretcher. It’s a concept project for Retter Medical which then further developed by IDP Amsterdam for manufacturing. It’s a flexible equipment to transport patients with light injuries, whether using a wheelchair or a scoop stretcher. The patented mec...
(PDF) Mckinsey - US Summer Travel Trends 2022
[Consumer]
2022/08/05 09:10
McKinsey’s recent US travel survey shows that leisure travel is booming, and this summer many people are planning to take their vacations “no matter what.”Summer 2022 is likely to be a good one for travel and tourism in the US. The following five key trends are shaping the industry, with implications for hotel owners.Revenue per available room (RevPAR) in the US is outstripping not just 2020...
Smarter Sorting Raises Additional $7M for Consumer Goods Data
[Investing]
2022/08/05 09:09
Smarter Sorting, a Boulder, Colo., Austin, Texas, and Los Angeles-based consumer goods data and sustainability company, raised an additional $7m in funding.Regeneration.VC made the investment and Michael Smith, Regeneration.VC’s General Partner, joined Smarter Sorting’s board of directors with this deal. This capital comes as an extension to the recent $25M investment round led by G2 Venture...