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New-age consumer brands pulling in funds, tech no bar; and other top stories this week

Hi, this is Digbijay Mishra in Bengaluru. At the peak of the funding winter last year, an investor told me that the pace of investment deals will continue to be slow, but the nature of companies grabbing new cash will be different. The next obvious question was: what kind of companies? Consumer brands, the person said.Cut to March 2024, and the trend is now well established among tech-first venture capital funds increasingly backing brands selling products and services to a wide range of consumers. Sure, they're new-age…

Pulling gold out of e-waste suddenly becomes super-profitable

A new method for recovering high-purity gold from discarded electronics is paying back US$50 for every dollar spent, according to researchers – who found the key gold-filtering substance in cheesemaking, of all places.Society has held gold in high esteem for millennia. More recently, for its technical applications across electronics and microelectronics, aerospace, medicine, biotechnology, and nanotechnology. However, like any metal, gold is a non-renewable resource. And increasingly valuable.In a new study, researchers…

LVMH Doesn't Have the Luxury of Pulling Back From China

The country’s economy is sputtering and geopolitical tensions are rising, but Chinese shoppers are the growth engine for the maker of Louis Vuitton, Dior and Hennessy. The country’s economy is sputtering and geopolitical tensions are rising, but Chinese shoppers are the growth engine for the maker of Louis Vuitton, Dior and Hennessy. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

How Exactly NVIDIA Is Pulling This Off

It’s not yet March and I’m already admitting defeat on my prediction that NVIDIA would remain flat in 2024. The company’s stock is up 64% this year, adding $700 billion in market cap since January. Its earnings report this week soundly beat expectations with a 265% revenue increase, sparking a $277 billion stock market pop on Thursday, the largest single-day jump in history. So I’ll say it here, mea culpa. While NVIDIA’s competition is indeed rising, as I reported in December, competitors like AMD and Intel have…

Geoscientists find Pacific plate is scored by large undersea faults that are pulling it apart

Researchers discovered new undersea faults on the Pacific plate, some of which are thousands of meters below the surface of the ocean and hundreds of kilometers long. Credit: NOAA/NASA GOES Project A team of geoscientists from the University of Toronto is shedding new light on the century-old model of plate tectonics, which suggests the plates covering the ocean floors are rigid as they move across the Earth's mantle.…

Pulling an All-Nighter? Scientists Recommend You Shouldn’t Do This the Next Day

New research highlights the detrimental effects of sleep deprivation on decision-making and emotional well-being, emphasizing the importance of adequate sleep, especially for those in high-stress jobs. The study suggests that sleep loss impairs neural response to risks and decisions, underscoring the need for effective sleep management in critical professions.Research highlights the significance of sleep for cognitive performance and emotional well-being, particularly for individuals experiencing stress.Politicians,…

Apple releases iOS 17.3 beta 3 after pulling beta 2 [U: Public beta now available]

iOS 17.3 beta 3 has arrived for developers. The pre-release software follows the botched iOS 17.3 beta 2 release that caused some iPhones to brick during installation. For iPhone users, the update includes Stolen Device Protection. Additionally, Apple is testing beta versions of these releases with developers: macOS Sonoma 14.3 tvOS 17.3 watchOS 10.3 As for visionOS, Apple is taking pre-orders next week and releasing Apple Vision Pro on February 2. Apple unveiled its spatial computer…

Apple releases iOS 17.3 beta 3 after pulling beta 2

iOS 17.3 beta 3 has arrived for developers. The pre-release software follows the botched iOS 17.3 beta 2 release that caused some iPhones to brick during installation. For iPhone users, the update includes Stolen Device Protection. Additionally, Apple is testing beta versions of these releases with developers: macOS Sonoma 14.3 tvOS 17.3 watchOS 10.3 As for visionOS, Apple is taking pre-orders next week and releasing Apple Vision Pro on February 2. Apple unveiled its spatial computer…

Homebuilder Thomas James Homes pulling out of Denver

Thomas James Homes will wind down its Denver operations by next fall and exit the state after finding a tougher-than-expected market. “We did decide to phase out of the market,” confirmed Steve Kalmbach, president and COO of the California-based homebuilder. “We have 34 homes that we are still going to deliver and sell in 2024.” Denver’s housing market received a boost from in-migration during the pandemic years, bolstering home prices, which attracted the builder, based in Aliso Viejo, Calif., to what it thought would…

Minister appreciates him for pulling ‘no strings’

The Michaung cyclone, which originated in the Bay of Bengal, has caused immense rain in the Southern states of India. The states of Tamil Nadu and Andhra Pradesh are getting flooded due to these unusual rains. A lot of cities have flooded, and people have been displaced because of these floods. The government authorities, with their rescue teams, are trying to rescue these people, and recently, a post has been shared that showed the popular Bollywood superstar Aamir Khan being rescued as well. The post appreciated the…