TREND REPORTS
Tiger Global’s 52% Plunge Prompts Fee Cut, Redemption Plan
[Investing]
2022/06/06 09:06
Its hedge fund dropped 14.2% last month amid market turbulence.Redeeming clients to have private bets put in separate account.Losses at Tiger Global Management reached 52% this year, prompting the firm to cut management fees and create separate accounts for the illiquid wagers of customers who want to redeem. The firm’s hedge fund sank 14.2% last month, buffeted by losses in several stocks and...
Taobao Launches ‘Metaverse Mall’ in Time for China’s 618 Shopping Festival
[Business]
2022/06/06 09:05
Taobao's latest venture in the metaverse is a fully immersive virtual mall. What does this mean for the future of shopping? To prepare for the country’s annual 618 Shopping Festival, Alibaba’s Taobao has appointed the help of a specialist metaversal project team to create a fully-optimized virtual shopping venue open to its customers. Using their phones, shoppers will be able to guide their a...
(Video) AXO Sustainable Design Innovation in Healthcare
[Design]
2022/06/06 09:04
When Aadhya Krishna, an industrial-design student from California College of Arts, geared towards innovating healthcare through design.She turned to medical casts and led her team in conceiving a cast concept intended to adopt ‘sustainable materials that provide comfort, is easy to use, breathable, recyclable, and to design an ecosystem rather than just a product by focusing on people and thei...
(Infographic) Top 50 Food and Grocery Retailers and Wholesalers in the U.S. and Canada
[Business]
2022/06/06 09:03
You may not consider who owns the supermarket you frequent most, but several grocery conglomerates own the majority of chains throughout the United States and Canada. From giants like Walmart to local chains like Grocery Outlet, there are some companies that are ruling the grocery store market.Here is an infographic from How To Cook Recipes that lays out the largest grocery stores in the countr...
(PDF) Deloitte - 2022 Summer Travel Survey
[Consumer]
2022/06/02 09:10
Against the backdrop of a persisting pandemic, the Deloitte 2022 summer leisure travel survey explores Americans’ travel intent.As the COVID-19 pandemic moves through unpredictable ups and downs, intent to travel continues to climb higher. Unhindered by continued news about variants or by rising airfares and hotel rates, travel intent has reached a level that would have been high before the pa...
(Video) Tiny Robotic Crab is Smallest-Ever Remote-Controlled Walking Robot
[Tech]
2022/06/02 09:09
Northwestern University engineers have developed the smallest-ever remote-controlled walking robot—and it comes in the form of a tiny, adorable peekytoe crab.Just a half-millimeter wide, the tiny crabs can bend, twist, crawl, walk, turn and even jump. The researchers also developed millimeter-sized robots resembling inchworms, crickets and beetles. Although the research is exploratory at this...
Spotify Beats Netflix in Ranking of 'Must Have' Services in the American Home
[Consumer]
2022/06/02 09:08
Music streaming service listed as essential by 75% of respondents in latest Hub survey, vs. just 68% for Netflix.The average American home consumes entertainment -- streaming video, music, podcasts, etc. -- from nearly 13 different sources, and among those, music streaming giant Spotify is listed as being "most essential."This is according to Hub Entertainment Research's seminal "Battle Royale"...
There's No Better Time for Brands to Bet on Augmented Reality
[Business]
2022/06/02 09:07
The way we shop is changing, and brands that don't keep up will miss out on demand generation. Online shopping is elevated from a passive experience to an interactive one.Looking to refine your retail marketing campaign? Join leaders from Wayfair, PacSun, Rent the Runway and more at Commerce Week, July 26–28, in NYC. We'll explore purpose-driven marketing, the Metaverse, social commerce, commu...
Alternatives Go Mainstream
[Investing]
2022/06/02 09:06
It's scary season. Soaring inflation concerns. Market volatility. Geopolitical uncertainty. It’s no surprise that today’s backdrop is driving the popularity of alternative investments, which can offer much-needed diversification away from stocks like never before. Preqin even forecasts that Alternative Assets under Management will hit more than $17 trillion by 2025.For context, that's roughly...
