Clothing manufacturing has always been a labor intensive industry with the advantage going to the country with the lowest cost labor. Automated sewing factories with SoftWear machines could change all that.
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Iconic mall-based department chains, like Sears and JC Penney, are announcing hundreds of store closures in 2017. More chains are expected to announce shutdowns over the next decade. Experts say the shuttered locations could turn into other businesses that benefit from the large square footage, like fitness centers, churches, offices, public libraries, movie theaters, and medical clinics.
It’s expected that almost half of Generation Z, the generation following Millennials, will connect online up to 10 hours per day, and one-third will spend at least one of those 10 hours watching video. It’s no surprise then that the most-used app by Gen Z is YouTube, followed by the three other biggest social video […]
Who are today’s up-and-coming entrepreneurs? That answer is very different than it was 20 years ago. Most new entrepreneurs are still white and male, but the U.S. entrepreneurial population is becoming much more diverse in terms of age, race and region. Cities in the southern half of the U.S., such as Los Angeles, Miami and Austin, […]
Until very recently, consensus opinion has viewed electric cars as at best a niche market and at worst a passing fad. That’s changing as production and sales take off.
The world is nearly out of good “.com” domain names—and even the fourth circuit of the United States Court of Appeals agrees. As global internet usage rises, .com naming is going to get more and more complicated. Our languages only contain a finite number of meaningful words, so brand naming is becoming much more than […]
Green Heinz ketchup? Fat-free Pringles? Colgate frozen lasagna? You don’t need to be an expert to know these products weren’t successful. Which is why these creations, with dozens of others, feature in the new Museum of Failure , a wacky parade of rejected products from years gone by set up in the Swedish town of […]
A few months ago The Washington Post reported that Facebook collects 98 data points on each of its nearly 2 billion users. Among this 98 are ethnicity, income, net worth, home value, if you are a mother, if you are a soccer mom, if you are married, the number of lines of credit you have, if […]
Smile Vector is a Twitter bot that can make any celebrity smile. It scrapes the web for pictures of faces, and then it morphs their expressions using a deep-learning-powered neural network. Its results aren’t perfect, but they’re created completely automatically, and it’s just a small hint of what’s to come as artificial intelligence opens a new […]
Swedish agency Åkestam Holst has spent the past year using Ikea to explore family dynamics in all shades—from relationship longevity to divorce, and most recently, a troubled passage between a father and daughter.