Shack Sales : The Burger Chain is Hungry for Better Margins
[Investing]
2023/02/20 09:07
Shake Shack reported this week that its sales grew 17% last year, with operating losses narrower than analysts had expected.After starting life as a humble hotdog stand in Madison Square Park in 2001, “The Shack” was eventually upgraded to a kiosk in 2004, but the burger chain didn’t fully take shape until 2010 when it opened its first store outside of New York. Since then, the company's res...
Digital Lamp Projects Designs To Make Sewing Paperless & Speed Up Modifications
[Product]
2023/02/20 09:06
Sewing machine mainstay Singer and fabric retailer JOANN are chucking paper patterns into the bin and replacing them with a digital lamp that can project your work tight onto your desk. Ditto, the name of the new joint venture, is revolutionizing the way sewists work by having designs projected rather than printed. The company describes this new system as “the first evolution of paper patterns...
Automakers’ Adoption of Fuel-Saving Technologies
[Business]
2023/02/20 09:05
Over the past few decades, automakers have invested plenty of time and money into various fuel-saving technologies. This includes innovations such as direct injection, cylinder deactivation, and auto start-stop features.Keeping track of which companies have adopted these technologies can be difficult. Thankfully, the EPA’s 2022 Automotive Trends Report includes data that shows which automakers...
Autonomous Cargo Drone Airline Dronamics Reveals It’s Raised $40M, Pre-Series A
[Investing]
2023/02/20 09:04
Autonomous aircraft have long been thought of as having the most potential, though not in the realm of glitzy people-carrying drones so much as the more sedate world of cargo. It’s here where the economic savings could be most significant. Large, long-range drones built specifically for cargo have the potential to be faster, cheaper and produce fewer CO2 emissions than conventional aircraft, e...
Walt Disney Comes Back To Life As Hologram For Company’s 100th Anniversary
[Business]
2023/02/20 09:03
A dose of Disney magic swept the stage as Walt Disney himself manifested to deliver an address to fans 57 years after his death. No fairy godmothers or tears that brought back people to life were involved in this feat—just sophisticated imaging technology.As part of its 100th anniversary, the Walt Disney Company is hosting a retrospective called the Disney100: The Exhibition, reliving precious...
(Patent) Apple Patents Hint at Folding iPhone, Waterfall Display
[Tech]
2023/02/17 09:10
New patents filed by the Cupertino company point to touch sensor layers along practically every end of its devices.Apple’s patent showed a foldable device that appears to include curved side walls, which could point to touch sensors along most parts of the product.It seems like every year, we get a new prediction that a folding iPhone is on the way. According to some new patents, part of the r...
(PDF) Bain - Looking Ahead to M&A in 2023
[Investing]
2023/02/17 09:09
In an uncertain market, executives are making the bold moves that will define the future.In 2023, savvy executives will keep their feet on their M&A accelerators, even as competitors slam on the brakes in the face of turbulence.Experienced dealmakers are familiar with the cyclical nature of the M&A market. Deal values and deal multiples decline as sellers hold back and acquirers lose co...
The Promise of Batteries That Come from Trees - Stora Enso
[Tech]
2023/02/17 09:08
As demand for electric vehicles soars, scientists are searching for materials to make sustainable batteries. Lignin, the stuff that makes trees woody, is shaping up to be a strong contender.About eight years ago, a major paper producer in Finland realised the world was changing. The rise of digital media, a fall in office printing and the dwindling popularity of sending things by post – among...
SendOwl Raises $9M to Help Creators Sell Any Digital Product Anywhere Online
[Investing]
2023/02/17 09:07
SendOwl, a technology company that provides the infrastructure to transfer, manage, protect and collect payment for digital products, today announced it has secured $9M in series seed funding in a round led by by new investor TheGP, with participation from returning investors defy.vc and Alumni Ventures, and new backer Authentic Ventures.The new funding will be used to accelerate the product ro...
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