US Startups Optimistic Business Conditions will Improve

Silicon Valley Bank Startup Report HUB Consulting In its recently released Startup Outlook Report, Silicon Valley Bank shared the results of its survey of 1,400 founders and executives of global startups. The survey found these entrepreneurs upbeat about their business prospects. "The 2019 report series finds that despite economic and political uncertainty across the globe, startups are generally optimistic about their business opportunities, and they plan to raise capital...

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Daimler and BMW bet on Ride-Sharing Services as the Future

Daimler BMW Ride Sharing Venture Daimler AG and BMW AG have forged an agreement into which they will pour more than 1 billion euros ($1.13 billion) into a car-sharing and ride-hailing businesses. They plan to take on established players like Uber Technologies Inc. and Lyft Inc.

Is Ride-Sharing the Future for the Auto Industry?

The new venture was first announced almost one year ago. It will combine Daimler’s Car2go and BMW’s DriveNow...

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Who Are the World’s Most Innovative Countries?

Innovation Job Markets HUB Consulting Bloomberg has released its seventh annual Innovation Index. It ranks 200 countries by analyzing a range of criteria using metrics like research and development spending, education scores, manufacturing capability and concentration of high-tech public companies. "South Korea retained the global crown in the 2019 Bloomberg Innovation Index, though improvements by Germany in research and education brought Europe’s largest economy to near-parity in the annual ranking," Bloomberg...

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Ten design practices to deliver business value

McKinsey design thinking at 50 Hub Consulting For those companies that get design right, the prizes are rich. The S&P 500 companies that invested most into design processes, capabilities, and leadership over the past decade, including design stalwarts such as Disney, Nike, and P&G, outperformed the rest of the index by 211 percent.

Design Thinking Approaches 50. Yet it is still Misunderstood.

McKinsey published a recent brief on design thinking as it nears its...

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Portrait by AI Program Sells for $432,000 at Auction

AI Artwork Sells Christies New York HUB Consulting post An artwork created by an artificially intelligent (AI) program has been sold at auction through Christie's in New York for $432,000, about 43 times the initial estimate of up to $10,000 by the auction house. The portrait is the first piece of AI art to go under the hammer at a major auction house. The sale attracted a significant amount of media attention, according...

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The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies

HUB Consulting, microchip hack, china supermicro, technology theft, IP china hack An attack that used a tiny microchip installed onto Super Micro servers during the manufacturing process by sub-contractors in China reached almost 30 U.S. companies, including Amazon and Apple, compromising America’s technology supply chain, according to extensive interviews with government and corporate sources.
Nested on the servers’ motherboards, testers found a tiny microchip, not much bigger than...

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Artificial Intelligence: The Robots Are Now Hiring

Artificial Intelligence Hiring Tools HUB Consulting Nearly all Fortune 500 companies now use some form of automation in their hiring process, as noted in this Wall Street Journal article. From robot avatars interviewing job candidates to computers weeding out potential employees by scanning keywords in resumes, these companies are looking at AI tools to help. And more and more companies are using artificial intelligence and machine learning tools to assess possible employees. This...

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Discord Startup May Connect 2.6 Billion Online Gamers

Vishnevskiy Discord Startup Gamers HUB Consulting Discord is a voice, video, and text chat platform that connects individuals with a shared passion for video and computer games. More than 90 million people worldwide use it to communicate with friends or strangers, be it while playing an online game like Fortnite or simply to discuss the latest trend in cryptocurrency. "My whole life I've always tried to make websites or apps that connect people together," Read More...