Fast Fashion Flourishes in U.S. & Russia
[Business]
2021/10/12 09:05
After a pandemic slump, H&M managed to up its sales in the first nine months by 5.7 percent compared to the first nine months of 2020. As our chart shows, this growth can largely be contributed to three of its key markets.The fashion retailer accumulated $2.3 billion in sales in the U.S. alone, a change of almost 35 percent compared to 2020's first three quarter period. Following closely be...
DSLR-Inspired Smartphones : Apple iPhone 14 Concept
[Design]
2021/10/12 09:04
An Apple iPhone 14 proposed design that challenges the design iteration of the phone’s camera module.Now that the powerful and sleek iPhone 13 series is out there to have, the focus for the tech community shifts to the next smartphone in development by Apple. The iPhone 14 is more than 10 months away from fruition and the speculations about how the device will look are already out in the cloud...
Was Famed Samson and Delilah Really Painted by Rubens ? No, Says AI
[Tech]
2021/10/12 09:03
Long-held doubts about the authenticity of the National Gallery’s masterpiece, bought for £2.5m in 1980, are backed by pioneering technologyThe National Gallery has always given pride of place to Peter Paul Rubens’s Samson and Delilah, listing it among the “highlights” of its collection, since it purchased the picture at Christie’s in 1980 for a then record price.It depicts the Old Testam...
The Q3 2021 Global Venture Capital Report: Record Funding Trend Held Strong
[Investing]
2021/10/11 09:10
New funding records. Prior to 2021, global funding had not reached over $100 billion in a single quarter.Funding in 2021 has far superseded that amount, with the first quarter tracking at $135 billion, the second quarter reaching $159 billion, and the most recent quarter peaking at $160 billion.Super-sizedLarger fundings dominated, with $103 billion (64 percent) invested in 400 companies that r...
(Patent) Apple Eyes a Patent for Controlling Electronic Devices Based on Wireless Ranging
[Tech]
2021/10/11 09:09
U.S. patent application, US20210307093, discloses a method for controlling electronic devices based on wireless ranging. The method includes a wireless communication device identifying an intent gesture performed by a user indicating the intent to control an object, determining the associated object using wireless ranging and/or device orientation, interpreting sensor data from one or more sens...
China’s Beauty Market is Expected to Hit $57 Billion by 2040
[Business]
2021/10/11 09:08
According to consulting agency NellyRodi and luxury data company Luxurynsight, China’s beauty market is expected to hit $40 billion this year and grow to $57 billion by 2040. The two firms noted that despite the surging popularity for local brands, international giants such as L’Oréal, Procter & Gamble, and Estée Lauder still command 30 percent of the market. The report offers a more co...
Masterworks Raises $110M to Sell Fractional Shares of Physical Art
[Investing]
2021/10/11 09:07
As investors look to diversify their holding amid exceptionally top-heavy traditional asset markets, more tech-enabled platforms are popping up to make the case for their alternative investment platform of choice.Masterworks, a startup that sells fractionalized shares of paintings and other works by famous artists, has achieved a unicorn valuation as it looks to corner the market on bringing fi...
(PDF) Mckinsey - Electrifying The Bottom Line
[Business]
2021/10/11 09:06
Electric-vehicle sales are increasing, yet many OEMs are still defining their path toward profitability. Our new report helps automotive leaders improve their EV business strategy.Electric vehicles (EVs) are making up an increasing share of sales in key markets around the world, becoming ever more central to automakers’ business models. With this shift, incumbent OEMs and new EV players alike...
Can Food Tech Invent a ‘Better’ Bagel ? - BetterBrand
[Product]
2021/10/11 09:05
A new spin on the classic bagel removes the refined carbohydrates.It looks like an ordinary bagel, but a new product called the Better Bagel has more than twice the protein of the standard one and a fraction of the carbohydrates—roughly as much as two slices of banana, according to BetterBrand, the food tech startup that created it. (A regular bagel might have between 50 and 60 net carbs, or t...