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Read previewLeBron James and Maverick Carter's company has launched a men's grooming collection inspired by "The Shop." "There was even a moment where we had Travis Scott as a guest, where he said he Googles face routines and men's grooming routines." According to data from market research company Grand View Research, the global market for men's grooming products was valued at $202.6 billion in 2022. AdvertisementCarter told BI that young consumers willing to ignore stereotypes surrounding men's grooming have helped bolster that growth. Purchase The Shop grooming collection at Walmart now.
Persons: , LeBron James, Maverick, James, Carter, Paul Rivera, LeBron James himself, Rivera, Travis Scott Organizations: Service, SpringHill Company, Business, View Research, Walmart Locations: New York, SoHo
London CNN —A London-based technology company is looking to “democratize” talent-identification and scouting in soccer using a mobile app. Free to download and available globally, the aiScout app allows aspiring soccer stars to enter virtual trials for professional clubs by uploading self-recorded footage of themselves completing a series of drills. Ben Greenwood had never had a trial with a professional club until he downloaded the app in 2019. Felton-Thomas said the “lion’s share” of its income comes from charging clubs a license fee to run the platform. Should soccer talent scouts be concerned about being edged out by the arrival of AI in their industry?
Persons: , , Richard Felton, Thomas, Ben Greenwood, Felton, ” Felton, player’s, he’s, We’ve, you’re Organizations: London CNN, English Premier League, Chelsea, Burnley, EPL, Bournemouth, Major League Soccer, US, View Research, CNN Locations: London, Felton
Increasingly, people are interested in pursuing how their genes may be affecting their health, nutrition, fitness potential and risk of injury. The global market for these direct-to-consumer genetic tests is projected to soar in the next several years, skyrocketing from $1.9 billion in 2023 to $8.8 billion by 2030, according to a market analysis report by Grand View Research. Still, some are intriguedDespite these issues, many remain intrigued by DNA fitness tests. Balance Gym recently partnered with FitnessGenes, a UK-based company that sells genetic tests, to help its clients achieve better results from their workouts. Time, and further scientific advances, may shed more light on whether DNA fitness tests are, or can be, useful.
Persons: they’re, there’s, Timothy Caulfield, “ I’ve, ” Caulfield, Caulfield, , Eva, Dylan MacKay, ” MacKay, , Devin Maier, Maier, ” Maier, MacKay, Melanie Radzicki McManus Organizations: CNN’s, CNN, Grand View Research, Indian, Australia’s National Rugby League, University of Alberta, University of Manitoba, FitnessGenes Locations: Europe, Orthopaedics, Uzbekistan, China, Edmonton, Winnipeg , Canada, Washington ,,
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn a world filled with news about seemingly endless types of emerging technology, virtual-reality, or VR, tech has become a tool that many businesses are leveraging. Research from Goldman Sachs estimated that 130,000 real-estate agents used VR to show homes in 2020, per Encora. Indeed, virtual tours were key to keeping the real-estate market alive while COVID-19 restrictions were in place. For properties that have a Matterport virtual tour available, people can "enter VR" and move within the virtual space online, Bowerman told BI.
Persons: , it's, Goldman Sachs, Isamar Troncoso, homebuying James Bowerman, Bowerman, you'll, hadn't, Patricio Navarro, Navarro, there's Organizations: Realtors, realtors, Service, Grand View Research, VR, Research, Goldman, Harvard Business School, Real Creative Group, Compass, Property Locations: Matterport, Maryland, Miami, New York City
Personalized skincare represents one of the fastest growing segments of the beauty and wellness industry. "Personalized products for skincare are more beneficial," said Melissa Snover, the founder and CEO of Nourished , a nutrition company. Rem3dy Health GroupNourished partnered with Neutrogena earlier this year to create personalized skincare supplements, called Skinstacks. NeutrogenaMore companies are leaning into custom skincareCompanies that sell more generalized skincare products are hopping on the personalization trend. Cetaphil, a brand popular for its sensitive skincare line, launched its skincare digital-assistant tool and AI skin analysis in March.
Persons: , doesn't, Melissa Snover, Snover, Logan McGill, Johnson, McGill, Silvina Nordenstohl, Nordenstahl, Galderma, dermatologists, Scott Walker, TikTok, Aaron Lucy, Walker Organizations: Service, Grand View Research, Rem3dy, Johnson, Companies, Tech Locations: McGill, Denver, skincare
Harrison Ford has been donning the fedora and cracking the whip of the daring tomb-raider Indiana Jones for more than 40 years. The series' latest installment, "Indiana Jones and the Dial of Destiny," leans on myths from ancient Greece about a device that can supposedly turn back the hands of time. Indiana Jones suddenly looked generations younger — perfect for the movie's opening sequence, set during World War II. Founded in 1975 by celebrated "Star Wars" creator Geroge Lucas, ILM — a division of Lucasfilm, which also produces "Indiana Jones" — is at the forefront of this new Hollywood frontier. One of the team's biggest achievements has been speeding up the timeline by which filmmakers can implement these tools, Bredow said.
Persons: Harrison Ford, Indiana Jones, Moviemakers, Rob Bredow, Bredow, Ford, Jones, Robert de Niro, Al Pacino, Joe Pesce, lugged, Geroge Lucas, it's Organizations: Ford, Hollywood, Industrial, Lucasfilm, Netflix, ILM, Writers Guild of America, SAG, Grand View Research, Producers Locations: Greece, Hollywood
Such is the trend that the market is set to more than double to $1.7 billion by 2030, showed data from GrandView Research. By contrast, 19% of U.S. men use condoms every time they have sex, showed data from the National Center for Health Statistics. World Bank data showed that, in 2021, per capita gross domestic product crossed $2,000 - a threshold at which, in China in 2006, consumption jumped. Britain's Reckitt Benckiser Group (RKT.L) has launched new products under its Durex brand and expanded its "Birds and the Bees" rural marketing campaign. SOCIAL MEDIAIndia's market leader is domestic manufacturer Mankind Pharma (MNKI.NS) with a 33% share, ahead of Reckitt Benckiser at 14%, TechSci data showed.
Persons: Kazuhiro Kamio, Okamoto, Arvind Singhal, Miah Kiat Goh, Dwight, Mankind, Ashita Aggarwal, Kashish Tandon, Sumit Khanna, Rocky Swift, Dhanya Skariachan, Christopher Cushing Organizations: GrandView Research, Reuters Graphics Reuters, Okamoto Industries, National Center for Health Statistics, Technopak Advisors, Reuters, United Nations, Benckiser, ., Mankind Pharma, Social, Jain Institute of Management & Research, HDFC Securities Institutional, View Research, Thomson Locations: BENGALURU, India, Europe, Japan, China, U.S, S.P, Bengaluru, Ahmedabad, Rocky, Tokyo
What’s driving sunscreen’s big boom
  + stars: | 2023-07-19 | by ( Leah Asmelash | ) edition.cnn.com   time to read: +8 min
In 2020, the global value of sun care products was $10.7 billion. Millennial skin care favorites — Paula’s Choice ($34), Glossier ($25), Drunk Elephant ($34) — have all created their own luxury daily sunscreens. “I think there is a more pervasive media representation of (the benefits of) wearing sunscreen, like preventing aging and preventing skin cancer,” Waldman said in a phone interview. In a study published in 2021, scientists found that more children in middle and high school were wearing sunscreen, a trend researchers partially attributed to social media. Meanwhile, young influencers on TikTok parade their multi-step skin care routines, with many featuring products like retinoids and AHAs, celebrated for their role in minimizing signs of aging.
Persons: “ Sunscreens, , Luke Maxfield, , Naomi Osaka, Pharrell, Naana, ” Boakye, , ” Dr, Abigail Waldman, she’s, ” Waldman, ” Maxfield, Supergoop, they’re, Violette, Maxfield, Waldman, Boakye, you’re Organizations: CNN, Grand View Research, Prestige, Harvard Medical School, dermatologists, ” Research
In this economy, the winner is weather apps
  + stars: | 2023-07-18 | by ( Sirena Bergman | ) www.businessinsider.com   time to read: +3 min
Weather apps are tech's sleeper hit. The Guardian is rather boldly reporting that weather apps have become an "addiction." At best, weather apps "perform about as well as meteorologists, but some of the most popular ones fare much worse," Charlie Warzel recently wrote in The Atlantic. Still, there's a weather app for everyone: Sassy weather apps, irreverent weather apps, fashion-conscious weather apps, practical weather apps, and aesthetic weather apps. A weather app can use US government data (and many do, The Guardian reported) which is free to use for any purpose, according to the National Weather Service's website.
Persons: haven't, who's, it's, Eric Floehr, Charlie Warzel Organizations: Morning, Guardian, View Research Locations: monetization
U.S. Approves the Sale of Lab-Grown Chicken
  + stars: | 2023-06-21 | by ( Linda Qiu | ) www.nytimes.com   time to read: +1 min
“It’s a giant step forward towards a more sustainable future — one that preserves choice and life.”The decision will make the United States the second country in the world, after Singapore, to authorize the production and sale of lab-grown meat. About 100 companies worldwide, including dozens in the United States, focus on the production of cultivated meat, according to Mr. Friedrich. Lab-grown meat begins with cells taken from an animal. When harvested, the product is essentially minced meat, which is then formed into patties, sausage or fillets. The meat contains no bones, feathers, beaks or hooves and does not need to be slaughtered.
Persons: Dr, Uma Valeti, , , Bruce Friedrich, Friedrich Organizations: Good Food Institute, View Research, McKinsey & Company Locations: United States, Singapore
Why bots make it so hard to buy Nikes
  + stars: | 2023-06-01 | by ( Sydney Boyo | ) www.cnbc.com   time to read: +3 min
Sneaker bots can accelerate the checkout process, wait in a virtual line or even fill out billing information. Sneaker bots took off in 2012, when Nike released its Air Jordan Doernbecher 9 shoes on Twitter. According to Nike, bots can make up to 10% to 50% of entries depending on demand. "People are successfully able to still bot Nike SNKRS," said Nova. Watch the video to learn more about sneaker bots and how companies like Nike are handling them.
Persons: They're, Nova, Jesper Essendrop, Essendrop, Imperva, Paul Tonko, Richie Roxas, I'm, Travis Scott Organizations: scalpers, Cowen Research, Nike, Jordan, Twitter, YouTube, Adidas, Air Jordan, CNBC Locations: Olive
It’s Time to Ditch Your (Supposedly) Nonstick Pans
  + stars: | 2023-05-14 | by ( Bee Wilson | ) www.wsj.com   time to read: 1 min
If you want to know what disappointment feels like, simply open your kitchen cupboard and search for a nonstick pan that is more than a year old. In my experience, no matter how promisingly they start off, every nonstick pan loses its slickness until you find yourself scrubbing off encrusted pieces of food. The global nonstick cookware market is worth $20 billion, according to a market report last year by Dublin-based Grand View Research, and it is expected to grow to $25 billion by the end of the decade. The magazine Cook’s Illustrated says that 70% of all skillets sold in the U.S. are now coated with some kind of nonstick surface. Even if you are not worried about the safety of the various chemicals used for nonstick cookware, it seems odd to buy a pan knowing it will soon let you down.
The Beast Unleashed contains 6% alcohol by volume and flavors inspired by its energy drinks. Called The Beast Unleashed, the drinks are made with malt alcohol and contain 6% alcohol by volume, though no caffeine or energy-inducing ingredients. But the Beast beverages are its latest attempt to diversify its business. Beast Unleashed, which the company announced in early 2022, is the company's first alcoholic beverage that uses the Monster brand. The launch marked the first alcoholic beverage that the cola maker sold in the US.
Musk's neurotech startup, Neuralink, has been working toward implanting its skull-embedded brain chip in a human since it was founded in 2016. Other researchers have been looking into using BCIs to restore lost senses and control prosthetic limbs, among other applications. Intervening in the delicate operation of a human brain is a sticky business, and the effects are not always desirable or intended. If a brain chip can change key parts of your personality, companies should not be rushing to put them in people's heads. Wexler told me that while most people in the industry aren't that open to using BCIs as a consumer product, they still think it's likely to happen.
STOCKHOLM, Feb 14 (Reuters) - Nokia (NOKIA.HE) and Kyndryl (KD.N) have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first tie-up a year earlier. "We grew the business significantly last year with the number of customers and number of networks," Chris Johnson, head of Nokia's enterprise business, told Reuters. The companies said some customers were now coming back to put private networks into more of their factories after the initial one. In Dow Chemical's petrochemical processing plant in Texas, the private wireless network increased worker safety, enabled remote audio and video collaboration, personnel tracking, and vehicle telematics, the companies said. The size of the global private 5G network market is expected to reach $41.02 billion by 2030 from 1.38 billion in 2021, according to a study by Grand View Research.
When it comes to queer books, the loudest headlines may be about bans and censorship, but a quieter truth about the state of LGBTQ books reveals the resilience of their authors and commitment of their readers. The queer titles debuting in 2023 are as full of joy as they are examples of resistance, and those in the industry say LGBTQ writers are only getting more ambitious. And while queer young adult books are often the target of book-banning efforts, these titles drove the highest gains in the category, the report found. When it comes to considering a queer future, and what’s next for queer books, that’s something that’s been on the mind of Suzi F. Garcia, the editor of Lambda Literary, a nonprofit that advocates for LGBTQ books and authors. She described the book as having a “queer core” and a sense of hope while discussing issues critical to LGBTQ and Black communities.
In 2012, Amrita Saigal quit her dream job. In 2021, she launched Los Angeles-based Kudos, which makes disposable diapers from cotton and other sustainable materials — and on Friday's episode of ABC's "Shark Tank," she scored a $250,000 investment in Kudos from Mark Cuban and guest Shark Gwyneth Paltrow. Saigal also expressed plans to launch new products, including trainer swim shorts and adult sanitary products. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank." Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss:This ‘Shark Tank’ side hustle had almost zero revenue — here’s why Mark Cuban invested anyway17-year-old ‘Shark Tank’ contestant made slime in his garage, sold it to his friends, brought in $1 million in just 3 years
Conservative lawmakers and pundits criticized stores like Target and CVS for stocking sex toys. While the right-wing pundits' ire may be recent, sex toys and sexual wellness products have long been sold at mainstream retailers. The brand, which sells products like sex toys and erectile dysfunction medication, sells its products at Walmart, Target, and CVS. Walmart, Target, CVS, Bloomi, and Cake did not immediately respond to Insider's request for comment. "This industry, in general, intimacy and sexual wellness, has been becoming more normalized over the years over the last decade, for sure."
Bunge to build $550-mln soy processing facility in Indiana
  + stars: | 2022-12-15 | by ( ) www.reuters.com   time to read: +1 min
Dec 15 (Reuters) - Agriculture commodities trader Bunge Ltd (BG.N) said on Thursday it would invest about $550 million to build a soy protein concentrate facility in Indiana to cater to a rising demand for plant-based food products and processed meats. The new facility, which is adjacent to the company's soybean processing plant in Morristown, is expected to process an additional 4.5 million bushels of soybeans. Soy protein concentrate is used to make meat alternatives, but also helps to increase nutritional value in existing meat and poultry products. The global plant-based meat market size, according to a report by Grand View Research Inc, is projected to reach $24.8 billion by 2030. Bunge also operates a soy protein concentrate operation in Bellevue, Ohio.
Palm oil grows best in the regions right around the equator, so palm oil producers chop down rainforest and clear that felled vegetation by burning it, making it a prime target of conservation organizations like the Rainforest Rescue and the World Wildlife Fund. Palm oil trees grow at the Cikasungka palm oil plantation, operated by PT Perkebunan Nusantara VIII, in Bogor Regency in West Java, Indonesia, on Monday, June 20, 2022. To make its palm oil alternative, C16 Biosciences uses a wild yeast microbe that makes a functional equivalent to palm oil with a kind of fermentation process. Photo courtesy: Cat Clifford, CNBCChemically, the palm oil that C16 Biosciences makes is not identical to the palm oil that is grown in industrial agriculture farms. However, "it contains the same fatty acids, which are the molecular fingerprints of fats and oils, that palm oil does," Heller told CNBC.
Araceli Ledesma, founder and CEO of Araceli Beauty, is a master at building a successful business from the ground up while staying true to her culture and values. As a freelance makeup artist, Ledesma launched Araceli Beauty, a "Mexicana-inspired" beauty and cosmetics brand, in 2018 as a side hustle. Born in Jalisco, Mexico, Ledesma, who prefers not to share her age, and her family relocated to California for a better life when she was just 5 years old. Drawing inspiration from her hometown of Jalisco, Ledesma pays homage to her Mexican roots by incorporating regionally sourced ingredients in her formulas. For example, Araceli Beauty Eyeshadow Palettes, Tequila Highlighters, and Las Flores Blushes include tequila leaf extract from the agave plant."
DEVENS, Mass., Sept 21 (Reuters) - The giant machines churning out metal parts on this factory floor do not bang or clang - or make any other noise usually associated with heavy-duty manufacturing. VulcanForms builds metal parts by layering on and fusing together materials bit by bit — rather than cutting them out of blocks of metal or stamping them out in metal foundries. The factory has made everything from medical implants and gun suppressors to tire molds and computer cooling devices. VulcanForms is unique among 3D printing companies in that it builds its own proprietary machines - which it will not sell to other producers - and uses them to make parts for its customers. The company is growing quickly, with plans to double the number of 3D printing machines at the Devens factory by the end of this year.
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