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Fiber connections provide users with very fast, reliable internet. But, only 43% of U.S. households have access to a fiber internet connection.The Bipartisan Infrastructure Law that passed in November 2021 promises to bridge this digital divide.
Apple has unveiled four new iPhone 14 models at its annual September event: the iPhone 14, 14 Plus, 14 Pro and 14 Pro Max.
The U.S. supercomputer Frontier was crowned the world’s speediest this year, but some computer scientists say China‘s Tianhe-3 may be as fast. WSJ unpacks the tech and design of the machines.
When Apple launched Apple Pay in 2014, it didn’t seem like the contactless payment system was much of a hit with customers. Flash forward eight years and the iPhone maker has convinced millions to make their smartphones their wallets.
Ford's first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports' Top Pick in February 2022.
Companies are developing technologies to mine resources from the lunar surface, but some analysts say there are still big limitations to what the industry can achieve.
To tackle social isolation among seniors, some caregivers have turned to virtual reality. One company developing that technology is Rendever.
Tech giants and startups are racing into the Metaverse. Be it VR, AR, or old-fashioned desktops, we’ll all be meeting in virtual offices soon. We dove deep to see what life after zoom might look like.
The metaverse race is heating up in China. Just like Meta and Microsoft in the U.S., Chinese firms such as Baidu and Tencent are investing in the nascent industry.
In 2016, the Solar Impulse 2 circumnavigated the globe in just over 500 days, all without a drop of fuel. -from Cheddar
The aviation industry is keen to reduce its carbon footprint, and big money is being spent developing battery-powered aircraft. -from the Financial Times
Styluses have come a long way in the last decade, inching closer and closer to a pen-and-paper experience.
Project Kuiper is Amazon’s plan to deliver internet from space using 3,236 small satellites in low Earth orbit. It’s seen as a direct competitor to Starlink, SpaceX’s satellite internet venture.
Startup company SpinLaunch is developing new technology to launch rockets into space that reduces dependence on traditional fuels while significantly lowering the cost.
A number of four-legged robot dogs made by companies like Boston Dynamics, have been deployed in the workforce already for applications like inspections, security, and more.
An iPhone SE with 5G, an iPad Air with a laptop-grade M1 processor, a brand new Mac Studio and a stunning Studio Display were among the products Apple announced at its March event.
Some see Web 3.0 as the next generation of the internet, a decentralized version of the web based on the blockchain. Here are the key principles behind it
The job hunt has changed as artificial intelligence scores resumes, runs interviews and decides who gets access to opportunity
Managing the risks and rewards of emerging technologies is a tricky balancing act. How is it possible to maximise the upsides of innovation while minimising the potential downsides?
Real-estate transactions in the metaverse are reaching record highs. We spoke with companies investing in digital real estate to understand the economic model.
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"Die of Success? Give me a break. We've only just started." - Amancio Ortega, Zara's Founder
Continuing our global journey to learn something new our next stop is the retailer Zara. As of January 2023, the Inditex group which includes Zara operated nearly 6,000 stores worldwide.
In 1963, Amancio Ortega opened Confecciones GOA, a small dressmaking workshop in La Coruna in Galicia, Spain. Zara was born in 1975 and originally it was called Zorba, an inspiration from Amancio’s favorite movie ‘Zorba the Greek’. Turns out a bar nearby already had taken the Zorba name.
The Inditex Group was born in 1985 as a holding group to bring multiple companies, including Zara under one banner. Inditex actually stands for ‘Industria de Diseño Textil’.
Zara’s designers create 40,000 new designs annually, out of which up to 12,000 go into production. From the design stage to production, distribution, and appearing for sale in a Zara store, it takes up to 15 days (industry average is 4 to 6 months). Annually, the company produces 500 million pieces of clothing.
Most global fashion brands pump 3% to 7% of their revenues into advertising. For Zara, the advertising budget is 0.3% and most of it is used on store displays. 85% of the clothes are sold at full price.
La Coruna and visiting Inditex stores throughout the world such as this Zara in Milan was one of my favorite retail activities. Their focus on innovation and continuous improvement have also been a core inspiration to my career. As the opening quote from Amancio reminds us, if you truly enjoy what you are doing, every day, you are just getting started.
Retail's AI Revolution
The overall economic AI impact worldwide through 2029 will be $9.2 trillion USD. This impact will vary dramatically by region, by tier, by retail segments, and by solutions. AI/ML has the potential to greatly enhance retail operations by analyzing customer data, providing personalized recommendations, optimizing inventory management, and automating customer service, but implementing these technologies can be challenging and requires extensive data cleansing and tagging. - From IHL Group Read more
How Generative AI is Being Used to Change the World of Marketing
77% of companies are exploring Artificial Intelligence, including Generative AI. This innovative technology involves algorithms fed into existing content to create iterations with new content, including audio, code, text, pictures, video, and simulations. The goal is to 'teach' machine learning systems to 'artificially think' and create innovative content. - From Techaeris
Apple vs. Samsung’s Strategies to Move Manufacturing Away From China | WSJ
China has long been the manufacturing hub for tech giants like Apple and Samsung. But now, a range of geopolitical factors are pushing technology companies to spend billions to relocate their operations to places like India, Vietnam and Latin America. Read more
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