News
Amazon is preparing to launch Amazon Go, an ambitious and experimental retail concept that uses sensors and other technology, not cashiers, to identify and automatically charge customers.
For the past year, Amazon employees have been testing, and trying to trick, the technology in its 1,800-square foot shop Amazon Go store in downtown Seattle. Now, the tech is apparently close to being ready for the public, Bloomberg reported. For example, employees dressed up in bright yellow Pikachu costumes to try and fool sensors and cameras that identify when someone is trying to buy products at an Amazon Go marketplace. Amazon’s tech wasn’t fooled.
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The Deloitte Technology Fast 50 is one of the UK's foremost technology award programmes. It is a ranking of the country's 50 fastest growing technology companies, based on revenue growth over the last four years.
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For the first time this holiday season, Calvin Klein will sell new underwear exclusively on Amazon, rather than in department stores. But while this looks like a smart move for the underwear maker, it’s not a strategy all brands should follow.
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Online luxury fashion retailer Farfetch sold over half a billion pounds worth of good across its platform last year, new accounts show.
Gross merchandise value, which measures the value of all goods sold, rose by 81% to £547.9 million in 2016, according to accounts filed with Companies House. Revenue rose by 74% to £151.3 million, while losses rose by 18% to £34 million.
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Whole Foods Market just offered customers a revealing "sneak preview" of what its Amazon Prime Rewards program will look like.
On Wednesday, the grocery chain released a new list of price cuts. While turkey will now cost less for all Whole Foods customers, Amazon Prime members will receive an additional 20% off.
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The landscape for early-stage investing looks entirely different today than it did just a few years ago.
Today, Series A investors are now looking for more and more traction before leading large Series A rounds. Institutional seed investors have followed suit — increasingly investing only in companies with some demonstrable success in the market. And because institutional seed investors are funding slightly more mature companies, a new pre-seed category has emerged to fund companies one step earlier.
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In venture capital, returns follow the power law — 80% of the wins come from 20% of the deals. Great venture capitalists invest knowing they’re going to take a lot of losses in order to hit those wins.
Chris Dixon of top venture firm Andreessen Horowitz has referred to this as the “Babe Ruth effect,” in reference to the legendary 1920s-era baseball player. Babe Ruth would strike out a lot, but also made slugging records. Likewise, VCs swing hard, and occasionally hit a home run. Those wins often make up for all the losses and then some — they “return the fund.”
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Brits have always loved to shop, and nothing typifies this love for spending more than the quintessential British High Street- the main retail strip found in every village, town, and city throughout the UK.
It's hard to believe that Christmas, the busiest shopping season of the year, is just 8 weeks away. And with the UK's most recognisable High Street, London's Oxford Street, set to turn on its famed Christmas lights in the coming days, we thought we'd take a deeper look at the changing face of the British High Street in our "Shifting High Street" series.
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In venture capital, returns follow the power law — 80% of the wins come from 20% of the deals.
Great venture capitalists invest knowing they’re going to take a lot of losses in order to hit those wins.
Chris Dixon of top venture firm Andreessen Horowitz has referred to this as the “Babe Ruth effect,” in reference to the legendary 1920s-era baseball player. Babe Ruth would strike out a lot, but also made slugging records.
Likewise, VCs swing hard, and occasionally hit a home run. Those wins often make up for all the losses and then some — they “return the fund.”
To read more, click here.
Reports about how drones have the potential to change the way businesses operate have dominated the headlines for years.
The adoption challenges are issues that Sky-Futures recognised and ultimately helped drive them to develop “Drone-to-Go”, a full package drone solution for enterprise users that is designed to enable adoption in a far shorter period of time. This complete package includes drone pilot training, regulatory support as well as software and services to ensure deployment. That speed along with the value the tools are opening up is what can and is making a difference.
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