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(Video) Party Space Raises $1M for Metaverse-Style Virtual Events

Party.Space has raised $1 million to scale up its metaverse-themed virtual events business.The company will use the money to scale its sales, explore new applications, launch its first metaverse setting for virtual events, and create a collection of nonfungible tokens devoted to the purpose.The metaverse is the fabled universe of virtual worlds that are all interconnected, like in novels such a...

Magic Leap 2 AR Headset Revealed : Dimming, Larger FOV, Smaller Size

Just when you thought Magic Leap had disappeared into the graveyard of failed AR headsets, the company announced today that it had raised another $500 million at a $2 billion valuation. Oh, and it’s working on a second version of its headset for release next year.The news came straight from Magic Leap CEO Peggy Johnson during an interview on CNBC’s Power Lunch. Johnson revealed that the devic...

LVMH Steams Ahead as Luxury Demand Remains Strong

World’s biggest luxury group says there are no signs a feared crackdown in China is affecting sales.LVMH has seen no sign of a slowdown in the luxury boom in China, its second-biggest market, since the authorities there hinted at a crackdown on the mega-rich and called for a focus on “common prosperity” in August.Investors have worried that new curbs on conspicuous consumption in China would...

(Paper) The Smallest-Ever Injectable Chip Hints at a New Cybernetic Medicine

The smallest-ever computer chip resting in a hypodermic needle.Electronics are getting imperceptibly small, opening new avenues for medical technology to place advanced monitoring and treatment devices inside our bodies. And Columbia University engineers just demonstrated a new and revolutionary version of this, creating the world's smallest single-chip system ever developed, according to a rec...

(Infographic) Holiday Shopping Is Early, Mobile and Tangible

According to Channel Factory, 64% of consumers say Covid-19 won’t impact their holiday shopping plans.Channel Factory's forecast sees gift-givers shelving experiences for the classics like electronics and clothes. It might be football season, but America’s real pastime between now and the holiday season is shopping—and consumers aren’t letting Covid get in the way this time. Infographic : h...

(PDF) Bain - Technology Report 2021

Technology has emerged as the primary disruptor and value creator across all sectors.Most of the largest creators of value in recent years, regardless of sector, have one thing in common: technology is critical to their business (see Figure 1).In general, companies and sectors with less tech-enabled innovation had smaller market-value gains from 2015 through 2020.The clear message is that techn...

(Paper) Leonardo : The Skateboarding, Slacklining Robot

Researchers at Caltech have built a bipedal robot that combines walking with flying to create a new type of locomotion, making it exceptionally nimble and capable of complex movements.Part walking robot, part flying drone, the newly developed LEONARDO (short for LEgs ONboARD drOne, or LEO for short) can walk a slackline, hop, and even ride a skateboard. Developed by a team at Caltech's Center f...

AI Edge Chip Startup Hailo Lands $136M

Hailo, a startup developing AI accelerator chips for edge devices, today announced that it raised $136 million in a series C funding round led by Poalim Equity and entrepreneur Gil Agmon.The capital brings Hailo’s total raised to $224 million, and CEO Orr Danon says the company will put the funds toward mass manufacturing of its current chips and the development of next-generation hardware in...

(Infographic) The World’s 100 Most Valuable Brands in 2021

In 2020, the global economy experienced one of the worst declines since the Great Depression.Yet, while the ripple effects of COVID-19 have thrown many businesses into disarray, some companies have not only managed to stay afloat amidst the chaos—they’ve thrived. Using data from Kantar BrandZ, this graphic looks at the top 100 most valuable brands of 2021.MethodologyEach year, research group...

 

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