Huai Jinpeng, executive vice-president of the China Association for Science and Technology and an academician of the Chinese Academy of Sciences, said smart technologies such as big data, cloud computing and artificial intelligence are leading to the next round of industrial revolution, and are offering new growth opportunities for SMEs. … [Read more...] about Smaller start-ups brimming with optimism
Businesses to start that are profitable
The Rebuilding Year After what Darrell calls a “long courting process,” he convinced Curtis to sign on with the company in 2013. Almost 20 years earlier, Curtis led the vision of the watershed Nokia 3210, which sold over 150 million units and singlehandedly shifted the cell phone from a piece of technology to a fetching accessory like a Walkman. Logitech was notorious for releasing new products simply to release them, designing products to price points rather than consumer needs or tastes. Curtis’s job was essentially to inject a design sensibility into a company renowned for $15 dishwater-gray mice. … [Read more...] about Logitech Quadrupled Its Profits–With One Big Design Idea
Homebound customers of Uber Technologies Inc more than doubled their orders from the company's food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom. The company said that despite those larger challenges it is sticking to its goal of being profitable on an adjusted basis before the end of 2021 thanks to stringent cost-cutting measures and a strong balance sheet. Uber recorded an adjusted loss in earnings before interest, taxes, depreciation and amortization of $837 million in the second quarter. Shares were down 2.9% at $33.72 in after-hours trading. Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April, but gross bookings remained down 75% from last year. Uber's chief executive officer, Dara Khosrowshahi, told analysts on a conference call on Thursday that rides recovery depended on the ability of different countries … [Read more...] about Uber rides take COVID-19 hit but food-delivery business doubles
First, it really starts with the prices. While some developed countries have one health care insurance plan for everybody -- where the government either sets prices or oversees price negotiations -- the U.S. is unique in our reliance on for-profit insurance companies to pay for both essential and elective care. Twenty cents from every $1 goes, not to health care, but to "marketing, underwriting, administration, and profit," he says. In a system where government doesn't negotiate prices down, prices will be higher. In a system where for-profit companies need profit margins and advertising, prices will be higher. … [Read more...] about Why Is American Health Care So Ridiculously Expensive?
Tata Motors on Thursday said it has launched a subscription model for electric version of its compact SUV Nexon. Designed to make electric vehicles (EVs) more accessible to a rapidly growing base of future-conscious citizens, the company is making available its flagship Nexon at an all-inclusive fixed rental starting at Rs 41,900 per month, Tata Motors said in a statement. … [Read more...] about Tata Motors introduces subscription model for Nexon EV