Weekly#478

  • The Ownership Economy 2022
  • Shanghai’s lockdown is giving China’s online grocery apps a second chance
  • Apple’s services revenue hits a record $19.8B in Q2, reaches 825M paid subscriptions…The Company posted a March quarter revenue record of $97.3 billion, up 9 percent year over year, and quarterly earnings per diluted share of $1.52.
  • The UK’s First Autonomous Passenger Bus Started Road Tests This Week
  • Mapping the Brain to Understand the Mind
    • “…Nearly 40 years ago, scientists achieved a milestone by completing a wiring diagram that traced all the connections of the 302 neurons of the roundworm Caenorhabditis elegans…Today, thanks to advances in computing and image analysis algorithms, it can take less than a month to map a roundworm’s connectome. These technological improvements mean that scientists can set their sights on larger animals. They are closing in on the connectome of fruit fly larvae, with more than 9,000 cells, and adult flies, with 100,000 neurons. Next, they hope to map the brain of a developing fish and, perhaps within the next decade, a mouse, with roughly 70 million neurons—a project…
  • For Human Settlements on Mars, Solar Power May Beat Nuclear Energy
  • MIT researchers have developed a portable desalination unit, weighing less than 10 kilograms, that can remove particles and salts to generate drinking water.
  • South Korea’s Oceanix Busan: All We Know About World’s First Floating City
  • The Boring Company is finally going to make a full-scale version of Elon Musk’s Hyperloop
  • Japan reveals massive VR controlled robots to dominate construction
  • DoorDash extends gas rewards program for delivery people on its platform through August…The program enables delivery people using their DasherDirect card to receive 10% cash back on their gas purchases, anywhere in the United States
  • Amazon reported a loss of $3.84 billion, or $7.56 a share, for the first quarter… also reported a $7.6 billion loss on its investment in electric vehicle maker Rivian.
  • Google, Meta, and others will have to explain their algorithms under new EU legislation
  • Delivery Hero increases revenues by 52% YoY
  • India to launch open e-commerce network to take on Amazon, Walmart…ONDC is incorporated as a private non-profit company, aimed at facilitating an open public digital infrastructure to develop and transform the Indian e-commerce ecosystem, which is pegged as a US$200 billion opportunity by 2026…The government plans to roll out its indigenously developed online e-commerce network for the public in 100 Indian cities by Diwali to provide millions of kirana stores and consumers an alternative to multinational platforms such as Amazon and Flipkart.
  • Airbnb commits to fully remote workplace: ‘Live and work anywhere
  • Intel CEO Promises Quicker Return to Technological Leadership…“Now we think late 2024,” he said in an interview with Bloomberg Television.
  • The Life and Death of the Original Micro-Apartments

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