Two new studies from ETH Zurich reveal that climate change is impacting Earth’s rotation significantly. These findings, published recently, underscore the far-reaching consequences of global warming. According to the studies, rising sea levels and shifting mass distributions on Earth are leading to changes in the planet’s rotational dynamics. The research shows that as polar ice […]
In a technological breakthrough, researchers have developed a high-frequency, low-power switch poised to revolutionize 6G communications. This innovation is a significant leap over current technologies, addressing critical limitations in energy efficiency and connection reliability. The new switch operates at ultra-high frequencies, while also consuming minimal power. This dual capability is crucial as the world gears […]
AI-Assisted Smart Speakers: Navigating Usability Challenges Smart speakers, such as Amazon Echo and Google Home, have revolutionized modern living. By offering voice-controlled assistance, they bring ease to many daily tasks. However, the lack of screens on these devices raises significant usability concerns. One primary issue is the limited visual feedback. Unlike smartphones or tablets, smart […]
D4Runoff: Revolutionizing Urban Stormwater Management Urbanization has been a significant driver of economic development. However, it comes at a cost. Stormwater runoff, resulting from rain and melting snow flowing over impervious surfaces like roads and rooftops, often carries pollutants into rivers, lakes, and oceans. D4Runoff, a Horizon Europe-funded project, is at the forefront of tackling […]
Richemont, the renowned Swiss luxury goods holding company, reported a 1% rise in sales for Q1, reaching €5.3 billion ($5.8 billion) at constant currencies. This performance aligns with analyst expectations, marking a steady trend compared to the double-digit growth from the previous year. The company’s jewelry sector, featuring iconic brands like Cartier, Van Cleef & […]
How Dorsey Sold the Instagram Girl on Lab-Grown Gems The four-year-old brand has reached eight figures in revenue with a whole-hearted embrace of lab-grown stones and a more casual, everyday approach to jewellery. Dorsey’s Rivière necklaces have gained a loyal following on Instagram. By Diana Pearl Five years ago, Meg Strachan had a bold vision: […]
French luxury conglomerate Kering has appointed Ewa Abrams as president of its Americas division, succeeding Laurent Claquin, who recently became chief brand officer at the group level. Abrams brings extensive experience from her 17-year tenure at Tiffany & Co., where she forged a notable career before joining Kering Americas as general counsel in 2018. As […]
On Monday, Burberry named a new CEO — Joshua Schulman, the former leader of Coach, then Michael Kors — after comparable retail sales tumbled 21 percent in its first fiscal quarter. The British luxury brand’s latest attempt to push upmarket under chief executive Jonathan Akeroyd and creative director Daniel Lee has struggled to gain traction […]
Macy’s has put an end to the buyout talks with activist investors Arkhouse Management and Brigade Capital. The discussions, aimed at taking the department store chain private in a $6.9 billion deal, failed to reach a conclusion owing to uncertainties around financing and valuation. Macy’s stock took a significant hit, dropping 13% to $16.62 from […]
In recent developments, AI software is bridging the gap for foreign workers in Japan by offering multilingual tutorial videos. This innovation is timely as Japan grapples with labor shortages and an aging population. The introduction of this technology supports businesses in training an increasing number of foreign laborers efficiently. This AI software can generate tutorial […]
