Adidas has recently announced an extension of its contract with Minnesota Timberwolves and Team USA Basketball star, Anthony Edwards. This decision, confirmed by CEO Bjørn Gulden during the company’s quarterly earnings call, underscores the brand’s strategy to expand its presence in North America, particularly in the basketball category. Central to this strategy is Edwards’s AE […]
Artificial intelligence (AI) is making significant strides in various industries, and the fragrance sector is no exception. Companies are increasingly adopting AI technologies to create novel scents and improve the formulation process. One standout example comes from Osmo, a startup born from a Google AI research project. They employ a machine-learning technique called embedding, which […]
Isamaya Ffrench, a trailblazer in the beauty industry, advocates for the potential of collaboration as a gateway to innovation. Over the years, the fashion sector has demonstrated how co-creating products can lead to tremendous success. However, the beauty industry has been slow to adopt this strategy, often favoring competition over cooperation. Ffrench points out that […]
Procter & Gamble (P&G) has reported an unexpected decline in fourth-quarter sales, raising concerns about changing consumer behavior in the wake of rising prices. The company experienced a downturn in demand for household staples like Charmin toilet paper and Pampers diapers, even as they sought to manage price increases more cautiously. This drop translated to […]
In a digital era where privacy concerns are increasingly clashing with marketing needs, Google’s recent decision to not fully eliminate third-party cookies but instead enhance user control has sparked a significant conversation. The E-Commerce & Digital Marketing Association (ECDMA) has voiced its support for this move, recognizing the delicate balance between user privacy and the […]
OpenAI has recently unveiled a groundbreaking advanced voice mode for its popular ChatGPT model, significantly enhancing user interaction. This new feature is set to transform how users engage with the AI, making conversations more dynamic and intuitive. Traditionally, AI chatbots primarily relied on text-based interactions, often leading to a disconnection in user experience. OpenAI’s advanced […]
In a significant development, Meta has agreed to a $1.4 billion settlement in a Texas lawsuit that accused the tech giant of violating biometric privacy laws. The lawsuit, filed in 2022, stemmed from accusations that Meta utilized biometric data without proper consent through its now-discontinued ‘Tag Suggestions’ feature. The Texas lawsuit was rooted in the […]
The renowned work of Irving Penn, a significant figure in 20th-century photography, is set to be showcased in Spain, thanks to the initiative of Marta Ortega Pérez, chairwoman of Inditex. The MOP Foundation, led by Ortega, will host the retrospective titled “Irving Penn: Centennial,” previously exhibited at the Metropolitan Museum of Art in 2017. This […]
A recent breakthrough in high-performance computing is on the verge of transforming the field of drug discovery, providing innovative strategies to target a wide array of diseases. This advancement delivers speed and efficiency, addressing long-standing challenges in pharmaceutical research and development. High-performance computing (HPC) enables researchers to process massive datasets rapidly, allowing for the simulation […]
The recent approval of comprehensive online child safety reforms by the U.S. Senate marks a significant step forward in protecting young internet users. This legislative effort, championed by a coalition of tech leaders and advocacy groups, addresses the increasing dangers faced by children in today’s digital landscape. One of the key components of this legislation […]
