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Innovation News
Pymnts
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Expedia Tops Travel App Provider Ranking Ahead of Busy Season
- Expedia tops the Provider Ranking of Travel Apps with a score of 91 points.
- Expedia launched shoppable storefronts, AI-powered tools, and expanded its loyalty program.
- Hotels.com, Airbnb, and TripAdvisor tied for second place with 86 points.
- Booking.com and Sky Scanner tied for fifth place with 76 points.
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Medium
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Don’t Be Nokia: The Startup Founder’s Guide to Staying Relevant
- Success often breeds comfort, but in the startup world, comfort can be fatal.
- To avoid becoming irrelevant like Nokia, startups should focus on customer problems, embrace change, and build for the future.
- Rather than just adding features, startups should understand and solve evolving customer problems.
- Staying ahead of trends, listening to feedback, and being open to new ideas is crucial for staying relevant.
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Medium
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84
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From ARIMA to TimeGPT — A New Era in Time Series Prediction (Part II)
- Fine-tuning is crucial for improving the performance of models like TimeGPT.
- The fine-tuning process led to a 50% reduction in error.
- TimeGPT outperformed classical methods like Exponential Smoothing and Prophet.
- TimeGPT's fine-tuning capabilities provide a more efficient and scalable solution for time series forecasting.
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Silicon
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367
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Biden Administration To Loan Rivian $6.6 Billion For EV Factory
- The Biden Administration has agreed to provide a conditional loan of $6.6 billion to Rivian for the development of an EV manufacturing facility in Georgia.
- The loan will support the construction of a nine million square foot facility and create up to 2,000 full-time jobs during the construction phase and 7,500 operations jobs by 2030.
- Rivian, known for producing electric SUVs and pickup trucks, plans to use the loan to expand its manufacturing capacity and produce more affordable vehicles for the mass market.
- The loan could potentially antagonize Elon Musk and his company Tesla, as it seems directed towards Rivian, Tesla's competitor, and a close rival of Musk's.
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Medium
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261
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Generative AI and Its Future: Shaping the World of Tomorrow
- Generative AI refers to systems that learn patterns from data to generate new content.
- It can automate tasks like article writing, video creation, and music composition.
- Generative AI has applications in healthcare, art, education, gaming, and more.
- In the future, it will augment human creativity and become more accessible and versatile.
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Medium
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159
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Machine Learning: How It’s Shaping Our Future
- There are three main types of machine learning: Supervised Learning, Unsupervised Learning, and Reinforcement Learning.
- Supervised Learning is when the machine is given data that has labeled answers.
- Unsupervised Learning is when the machine is given data with no labels and has to figure out patterns on its own.
- Machine Learning is used in various applications such as personalized recommendations.
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Medium
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386
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The Science Behind JoggAI Technology
- JoggAI technology combines artificial intelligence with fitness to improve your jogging experience through real-time feedback and personalized suggestions, like having a personal coach right in your pocket.
- JoggAI takes a holistic approach to understand your needs as a jogger, assessing various factors like your heart rate, environment, and mood.
- The technology utilizes an array of sensors and data analytics, analyzing patterns in your performance over time, and adapting to your fitness level to provide personalized recommendations.
- One of the most significant benefits of JoggAI technology is personalization, tailoring recommendations based on your unique fitness data, making the pursuit of fitness enjoyable and achievable.
- JoggAI technology offers real-time coaching, social integration features, and increased safety features, and helps keep you motivated and on track, pushing you to achieve your fitness goals.
- JoggAI technology uses sensor fusion and machine learning algorithms to create an intuitive, tailored experience that understands your jogging habits on a deeper level.
- Future advancements in AI and analytics may bring augmented reality overlays and deeper integration with other fitness-related technologies, making fitness fully connected and personalized.
- Real-world testimonials speak volumes about JoggAI's efficacy, improving pacing and performance, injecting a sense of fun and excitement, and fostering a community of like-minded fitness enthusiasts.
- JoggAI technology helps mitigate common barriers to jogging, such as time constraints, lack of motivation, or concern about performance, by providing personalized feedback and constant encouragement.
- JoggAI isn't just another app but an inviting partner in your fitness journey with real-time data analysis, motivational coaching, and a sense of community, opening up a world of possibilities for joggers.
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Pymnts
4w
26
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Securing the Gig Economy: Combatting API Vulnerabilities and AI-Driven Threats
- The success of the gig economy relies on its digital ecosystem, especially APIs.
- APIs are susceptible to advanced threats like scraping, account takeovers, and fraud driven by artificial intelligence.
- To address these vulnerabilities, businesses must implement API security strategies to detect and block AI-driven attacks.
- Additionally, the gig economy requires enhanced digital protections against scraping and the authenticity of users and content.
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TechBullion
4w
235
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Building a Culture of Innovation: Lessons from the Most Innovative Companies
- Building a culture of innovation is important for companies to remain relevant. Industry 4.0 technologies like AI, IoT, and cloud technology can optimize existing processes and stimulate business growth. ICL Group developed BIG program, which is an employee-driven innovation accelerator program that evaluates new ideas objectively using standard criteria and assigns approved concepts to business units with proper resources. The program has quantifiable successes and has generated over 200 potentially patentable ideas, with over 35 patents already filed. This innovation accelerates help companies remain relevant in a constantly evolving ecosystem.
- ICL Group values innovation, and their BIG program covers all 13,000 employees to drive innovation in alignment with wider business strategies in a profitable way. The program had to create a structure for innovation that employees could easily access and objectively evaluate each new idea.
- ICL Group's approach to innovation is that every employee is potentially a subject matter specialist, contributing innovative ideas within their spheres of knowledge, interest, and practical experience. The BIG program's key goals are realizing profit, launching new products, increasing operational efficiency while decreasing operational costs, and protecting the environment.
- The BIG program has outperformed all expectations since its launch and realized over $400 million in annual operating income, generated over 200 potentially patentable ideas, and filed over 35 patents. The program also has other benefits such as improved employee retention, increased creativity, and problem-solving, which brings a highly analytical and entrepreneurial 'Can do - Will do' mindset.
- Companies with a culture that enables problem-solving enjoy an immediate advantage in a highly competitive market. The BIG program and other innovation accelerators like it can help established companies remain relevant in a constantly evolving ecosystem. Future competitiveness will increasingly depend on short lead times between identifying needs, acquiring, and implementing technologies and solutions. Employee engagement and innovation are effective and readily obtainable means for companies to harness dynamic energy and preparing for future challenges.
- Human Beings have a natural capacity for innovation, and the extent to which innovative potential is realized within a company depends on structures, security, and incentives. Innovation accelerators like ICL Group's BIG can strengthen companies through improved loyalty and resilience.
- ICL Group's BIG program serves as an example of how structured employee engagement can drive sustainable innovation. With it, employees can influence their operational areas and shape the strategic direction of the company. Positive contributions are highly empowering within a corporate setting and have a positive effect on employee morale.
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Tech Republic
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88
Quick Glossary: App Development
- Anchoring bias is a cognitive bias that influences people to rely on the first information they encounter when making decisions.
- It persuades people to spend more when purchasing products and is important for developers to consider when setting prices in apps.
- A quick glossary covering key concepts, terms, and phrases used in app development.
- TechRepublic Premium offers an in-depth 14-page PDF glossary for download or complimentary access with an annual subscription.
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Pymnts
4w
199
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Trump Reportedly Weighs Concept of White House AI Czar
- President-elect Donald Trump is considering adding an artificial intelligence (AI) czar to his administration.
- The AI czar would oversee federal policy and government use of AI.
- Elon Musk is expected to play a role in White House AI policy, but will not be the AI czar.
- It is also possible that the AI job could be combined with a cryptocurrency czar role.
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UX Planet
4w
199
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Quick Learnings from a Career in Product Design
- The article emphasizes the importance of preparation, instict and storytelling for designers.
- Designers should always be prepared by gathering information about the attendees of a meeting and prepare relevant questions.
- Designers should keep their resumes and portfolios updated and ready to be shared, as layoffs have increased in recent years.
- Designers should trust their experience and instinct while making career decisions, and avoid taking jobs that they are not passionate about.
- Designers should learn the art of storytelling to effectively communicate solutions to problems and ideas, and use it in workshops and job interviews.
- Continuous learning is vital for designers to keep themselves informed about the latest trends and tools in the industry.
- Designers must have a balanced perspective by looking beyond trends, avoiding toxic environments and being kind to fellow professionals.
- The points made in the article are based on experiences and can help emerging designers navigate the potential hurdles of the industry.
- The article concludes emphasizing the importance of being professional while pursuing ambitions, and quotes Mark Twain.
- This brief article provides quick insights for designers to navigate their professional endeavours with ease.
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Pymnts
4w
0
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CFOs Say Better Receivables Visibility Now Important Strategic Asset
- CFOs and treasurers are recognizing the importance of better visibility into accounts receivable (AR) processes.
- Manual AR processes are time-consuming and prone to mistakes, hindering financial decision-making.
- Automation and advanced technologies are being utilized to streamline AR processes and enhance visibility.
- Automated AR solutions provide real-time data, optimize cash flow management, and foster stronger customer relationships.
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Silicon
4w
413
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Huawei Releases Mate 70 Range To Challenge Apple
- Huawei has launched its latest flagship smartphone line, the Mate 70 range, along with the Mate X6 foldable and Huawei MatePad Pro 13.2 2025 tablet.
- The Mate 70 range supports cross-device file transfers using AI-powered gestures, similar to Apple's AirDrop.
- Over 3 million people have signed up for pre-orders of the Mate 70 models, indicating the popularity of Huawei's devices.
- Huawei is calling on more developers to support its domestically developed operating system, HarmonyOS Next, as it aims to reach 100,000 applications for the platform.
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Silicon
4w
168
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Nvidia Chief Promises China Engagement Ahead Of New Sanctions
- Nvidia chief executive Jensen Huang has stated that the company plans to maintain its presence in mainland China, despite the US preparing new trade restrictions targeting the country.
- China has unique strengths in capitalising on AI and industry trends, making it an important market for Nvidia.
- Nvidia's head of global business operations met with Beijing's top trade negotiator, Wang Shouwen, to discuss potential opportunities for foreign enterprises in China's more open economy.
- The US is expected to impose new sanctions on Chinese chip companies, which may include restrictions on Nvidia's ability to sell its advanced chips to Chinese firms.
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