technology

Puma Teams With MIT on New Cushioning Technology

Puma has gone high-tech for its latest sneaker drop.

As a result of a sponsored research project in partnership with MIT Design Lab, the sports brand has created Xetic, a cushioning technology that combines mechanical cushioning and foam. The product will make its debut in a new street-inspired sneaker called Calibrate Runner later this month.

While at first glance, Xetic may look like 3-D printed plastic, it is actually made of foam. It takes its name from “auxetic materials,” structures that behave in a certain way when they are subjected to mechanical stresses such as compression.

“Puma’s innovation department teamed up with MIT Design Lab because we needed their high-expert engineering capabilities,” said Romain Girard, senior head of innovation at Puma. “MIT has computer simulation possibilities, which enabled us to see the behavior of the material and quickly find the optimal structure for calculated cushioning.”

The two companies worked with

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How China’s Ant is evolving from a payments app into a technology champion

This is the second in a series of four articles analysing the Hong Kong and mainland stock markets, delving into the reforms, emergence of the Star Market as a solid fundraising venue, upcoming technology champions and the way forward. You can read part one here.

When Starbucks was looking to boost its digital traffic in China to help sales recover from store closures prompted by the coronavirus pandemic, it turned to Alipay.

The Chinese mobile app with 900 million users scattered across the nation integrated a pre-order and pickup feature for Starbucks into its popular app last month, a service that was previously only available on Starbucks’ own mainland mobile app. The Seattle-headquartered chain of coffeehouses said on July 28 that it sees its China sales substantially recovering by the end of September, boosted by such digital initiatives.

Ant Group, the operator of Alipay, is preparing an initial public offering … Read More

Looking to Buy Comics? Syfy’s Mr. Scribbles Unveils ‘Checkout’ Technology in Show

Click here to read the full article.

NBCUniversal wants to take comic book fans and sci-fi geeks on a shopping trip.

Viewers who watch the special “Syfy Wire After Dark” on Saturday, August 1, will have a chance to buy some of the goods featured on screen – without having to visit a store. The show, hosted by Jackie Jennings and her talking cat sidekick, Mr. Scribbles (above, pictured), marks the debut of new interactive technology NBCUniversal has been developing that gives the audience a chance to scan a code on screen with a smartphone, an action that takes them to an online shopping portal where they can complete a purchase. Viewers who see the show stream will be able to get to the shopping area even more directly, simply by clicking interactive links.

More from Variety

“Fans love stuff, schwag. We love to buy all the cool

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Ant Group – the $200bn technology titan you’ve never heard of

 Jack Ma, founder and CEO of the Alibaba Group - Jacques Brinon /Earns Alibaba
Jack Ma, founder and CEO of the Alibaba Group – Jacques Brinon /Earns Alibaba

He is known for his lavish parties and eccentric tastes. In the past Jack Ma, the 55 year-old billionaire founder of Chinese e-commerce giant Alibaba, has attended the group’s annual company festivals dressed up as a punk rocker or as Michael Jackson.

But the public float of his second company, Ant Group, could turn out to be his biggest extravaganza yet.

The forthcoming listing of the payments firm, which was announced on Monday, is expected to value it at $200bn (£158bn) – making it easily the most valuable listing of 2020 anywhere in the world.

Ant Group, formerly Ant Financial, provides mobile payments services across China and further afield with 1 billion users. Its products include mobile payments apps, backend payment services and digital wallets and is the market leader in China’s $16tn digital payments industry.

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YETI Holdings, Express, Align Technology and Tesla highlighted as Zacks Bull and Bear of the Day

For Immediate Release

Chicago, IL – July 15, 2020 – Zacks Equity Research Shares of YETI Holdings, Inc. YETI as the Bull of the Day, Express, Inc. EXPR asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Align Technology, Inc. ALGN and Tesla, Inc. TSLA.

Here is a synopsis of all four stocks:

Bull of the Day:

YETI Holdings designs and distributes consumer outdoor and recreational products under the popular YETI brand. Its line-up is made for activities like hunting, fishing, and camping, and includes premium coolers, drinkware, waterproof and everyday bags, and other outdoor gear.

Q1 Earnings Recap

Back in May, YETI reported first-quarter earnings and revenue that beat the Zacks Consensus Estimate.

Net sales increased 12% to $174 million, while EPS came in at $0.10 per share. Gross margin expanded 370 basis points.

Its direct-to-consumer net sales surged 29% to $79.6 million

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Google Cloud To Use AI Technology In Fox Sports Deal

Fox Sports (FOX) has announced that it will be working with Alphabet Inc.’s (GOOGL) Google Cloud to enhance its sports broadcasts with new data organizing technologies.

Google confirmed the news in a press release from Fox Sports, saying that it will be providing its cloud-computing capabilities to the popular sports network by “logging, discovering and storing video assets.” The company stated that it will implement cloud technology to transform and maximize production capabilities by utilizing artificial intelligence (AI).

Google Cloud CEO Thomas Kurian said on July 14, “Machine learning is opening up a whole new era of value creation and data-driven innovation in media and entertainment. He added, “Once a company has a more complete understanding of its audience, users and content, it’s amazing what businesses can accomplish with that data.”

The work will involve labeling video clips with minute information such as player jerseys, key

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4 Large-Cap Technology Stocks to Buy This Earnings Season

Lockdown impositions across the world, in a bid to curb the spread of COVID-19, have been taking a toll on the economy. The pandemic has caused disruptions in major sectors and economic zones, resulting in a full-blown global crisis due to the slowdown in productions and operations, and sluggish spending patterns.

As a result, second-quarter corporate earnings are expected to have suffered significantly. According to the latest Zacks Earnings Preview article, total earnings for the S&P 500 members will likely be down 44.1% year over year on 10.9% lower revenues in the to-be-reported quarter.

Though the coronavirus outbreak has had a sector-wide impact, the U.S. tech sector seems more resilient compared with the other sectors. Per the Earnings Preview article, tech sector earnings are expected to decline 13.5% on 1.2% lower revenues.

Why Tech Sector Could Outshine in Q2?

The coronavirus outbreak has, surprisingly, opened up newer avenues of growth

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5 Stocks to Make the Most of Growing Technology Dependence

New coronavirus cases in the United States crossed the 50,000 mark on Jul 1, once again raising fear in millions. Fresh coronavirus cases have been on the rise since the economy started reopening and now experts claim that the numbers could further rise in the days to come.

Fears of a second wave of coronavirus are looming already and it won’t come as a surprise if people once again start staying at home. Two months of at-home orders following the coronavirus outbreak have changed the way lives were led in the pre-COVID-19 era. With no signs of the virus receding, life has become a lot more technology dependent and in all likelihood will remain so.

New COVID-19 Cases Hit Record High

On Jul 1, United States recorded a whopping 52,000 new COVOD-19 cases, according to a Johns Hopkins University tally. Several states also imposed 14-day quarantines on visitors in the

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What Is The Relevance Of Technology?

The historical past of hydraulic methods takes us into the world of technology and building. Even though the development in internet creates new challenges like pc problems and virus threats, the pc technology like antivirus software program made simple to overcome these issues. Technology may be defined as the collection of methods, methods, processes, devices and expertise often from engineering used by man to govern his environment to be able to satisfy his needs and remedy his issues (Ugochukwu 2012).

This technology takes place when knowledge of electronics, mechanical science and software technology collectively forms a science or knowledge house. Man has been given the intellect to design, build, and construct these units, which improve the overall high quality of life, and develop the knowledge base for the entire of humanity.

In different phrases, the arrival of technology within the business has made a lot of people comfortable in dealing … Read More

Technology And Tradition In The United States At this time

Studying is the key to all that’s, and ever will probably be. With out it, we stop: cease evolving, cease attaining, cease being. Different aspects of society and our individual lives are also influenced by technology in lots of direct and oblique methods, together with governance,entertainment, human relationships, and our views on morality, mind, matter, and our own human nature.

Despite the fact that the advancement in web creates new challenges like pc problems and virus threats, the computer technology like antivirus software program made simple to beat these issues. Technology can be outlined as the gathering of methods, programs, processes, units and skills often from engineering used by man to govern his atmosphere as a way to satisfy his wants and resolve his issues (Ugochukwu 2012).

Some students complained about missing meetings or practices without technology (apparently, their schedule adjustments every day & that is how they are knowledgeable). … Read More