In a groundbreaking advancement for agriculture, researchers at Western University have unveiled an innovative AI model that not only detects diseases in strawberries but also predicts the ripeness of the fruit with an impressive accuracy rate of nearly 99%. Developed by Joshua Pearce and Soodeh Nikan, this technology holds the potential to revolutionize strawberry farming, […]
Taiwan has taken significant strides in enhancing its typhoon tracking capabilities by integrating artificial intelligence (AI) technology into its weather forecasting systems. This move comes in response to the increasing frequency and intensity of tropical storms in the region, which pose substantial risks to both life and property. By adopting AI-powered forecasting models, Taiwan aims […]
Recent developments in artificial intelligence (AI) are paving the way for improved pandemic preparedness and response. Given the increasing frequency of pandemics and the devastating impact they can have on global health systems, researchers are now channeling their efforts towards creating AI-driven tools that can predict and manage outbreaks effectively. Institutions such as the University […]
India has once again solidified its position as the leader in cryptocurrency adoption, as highlighted in a recent report by Chainalysis. This is particularly remarkable given the ongoing regulatory challenges and considerable trading taxes that have surfaced in the country. With a keen look at the figures from June 2023 to July 2024, it is […]
In a move aimed at redefining import regulations, the Biden administration has announced plans to curb low-value shipments entering the United States duty-free under the $800 “de minimis” threshold. This decision follows increased scrutiny of how Chinese e-commerce firms—specifically Shein and PDD Holdings’ Temu—have been leveraging this exemption to bypass tariffs and regulatory oversight. The […]
Connectly, a rising star in the conversational commerce sector, has successfully secured $20 million in a Series B funding round, primarily led by tech giant Alibaba. This new funding not only elevates Connectly’s total funding to $37.2 million but also positions its valuation at nearly $100 million. The financial backing from Alibaba, along with investments […]
The e-commerce landscape in India is undergoing significant scrutiny as the Competition Commission of India (CCI) recently unveiled findings that Amazon and Walmart’s Flipkart have violated local competition laws. This revelation follows an extensive investigation initiated by the CCI back in 2020, prompted by concerns from local retailers regarding preferential treatment provided to select sellers […]
In the highly competitive fashion industry, keeping abreast of current trends and market movements is essential for fashion designers striving to position themselves effectively in this dynamic landscape. This month, an analysis of key industry insights has come forth, providing designers with guidance on navigating their careers better and making informed decisions. 1. New York […]
In a significant move that underscores the intersection of beauty and biotechnology, L’Oreal has announced its participation in a €35 million ($38.6 million) funding round for Abolis Biotechnologies. This investment, made in conjunction with specialty chemicals group Evonik, aims to cultivate bio-based ingredients that can transform the beauty product landscape. Abolis, a French start-up established […]
In the fast-paced world of beauty, micro-seeding has emerged as a revolutionary approach to product marketing. Beauty brands once relied on large promotional gifts at events like Fashion Week. Now, the focus has shifted to smaller, targeted audiences—an exclusive group of influencers and beauty enthusiasts who are considered the new ideal consumers. This shift is […]
