San Francisco could be home to "thousands of new millionaires by the end of 2019, and it's sparking a 'housing madness' in the already wildly expensive city," reports Business Insider in a recent article.
Posted: 03/27/19 [ Read More... ]
The explosion of Amazon.com's private-label products has prompted concern that Amazon could use its clout to promote these house brands at the expense of merchants selling similar products on the web store. But the fears may be overblown, according to a new study released by Marketplace Pulse. In the study, the research firm examined 23,000 products and the consumer behavior associated with those... Posted: 03/20/19 [ Read More... ]
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... Posted: 02/28/19 [ Read More... ]
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.
Posted: 02/23/19 [ Read More... ]
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... Posted: 01/31/19 [ Read More... ]
The United States government has expressed concern about India’s revised e-commerce regulations, pointing out to officials in New Delhi that the policy will hinder the Indian investment plans of Amazon and Walmart.
These new e-commerce investment rules kick in on Feb. 1, and they ban companies from selling products via firms in which they have an equity interest. The new rules also bar them from making deals with sellers... Posted: 01/24/19 [ Read More... ]
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.
Posted: 12/05/18 [ Read More... ]
NIKE, Inc. opened its new Nike House of Innovation on November 15. Nike NYC, as it is called, is a 68,000 sq. ft., six-level, cross-category premium Nike store, with a 650 Fifth Ave. address. Nike NYC is "the pinnacle expression of modern retail, representing the best of Nike global product, experiences and sport innovation," according to their press release.
Powered by digital commerce data and inspired by... Posted: 11/20/18 [ Read More... ]
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... Posted: 10/30/18 [ Read More... ]
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.
Posted: 10/11/18 [ Read More... ]