Alibaba just had the biggest online shopping day of all time, nearly tripling every company’s 2017 Black Friday and Cyber Monday sales combined

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Alibaba founder Jack Ma. Marcos Brindicci/Reuters

  • Alibaba made e-commerce history on Sunday, with $30.8 billion in sales over the last 24 hours as part of the company’s massive Singles Day celebration.
  • The $30.8 billion in generated sales is a significant increase from 2017, when customers spent $25.3 billion.
  • For comparison, total online sales on Black Friday reached $5 billion in 2017, according to Adobe Analytics data. Cyber Monday sales last year reached about $6.6 billion.

SHANGHAI, China — Alibaba just made e-commerce history.

With the company’s massive Singles Day celebration on 11/11 — November 11 — coming to a close, Alibaba reports that customers spent $30.8 billion online over the last 24 hours. That is a significant increase from the $25.3 billion in gross merchandise volume (GMV) Alibaba shoppers spent in 2017.

Continue reading… “Alibaba just had the biggest online shopping day of all time, nearly tripling every company’s 2017 Black Friday and Cyber Monday sales combined”

The growth of yoga and meditation in the US since 2012 is remarkable

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The number of Americans who meditate has tripled. Yoga is up 55 percent.

In 2017, about 14.3 percent of US adults surveyed said they had done yoga in the past 12 months. That’s up from 9 percent in 2012. Timothy Clary/AFP/Getty Images

Yoga and meditation, two ancient practices, are now officially the most popular alternative health approaches in the United States, each used by around 35 million adults.

That’s the word from two reports from the Centers for Disease Control and Prevention out Thursday, which looked at the changes in the use of yoga, meditation, and chiropractors between 2012 and 2017.

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Sundar Pichai of Google: ‘Technology doesn’t solve humanity’s problems’

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Growing up in India, he slept on the floor of a house without a refrigerator. Today, the chief executive is steering Google through the most turbulent period in its history.

Sundar Pichai, CEO of Google, last week.CreditCreditErik Tanner for The New York Times

Google is facing more challenges today than at any time in its 20-year history. Employees are outraged over sexual harassment. Executives are under scrutiny for an effort to secretly make a censored version of its search product for China. Google will shut down its social network next year after a security vulnerability was discovered. Political and social debates, including one over building military-grade artificial intelligence, are roiling the work force.

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“Remarkable” decline in fertility rates

 

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There has been a remarkable global decline in the number of children women are having, say researchers.

Their report found fertility rate falls meant nearly half of countries were now facing a “baby bust” – meaning there are insufficient children to maintain their population size.

The researchers said the findings were a “huge surprise”.

And there would be profound consequences for societies with “more grandparents than grandchildren”.

Continue reading… ““Remarkable” decline in fertility rates”

A fifth of China’s homes are empty. That’s 50 million apartments

Risk is potential for flood of sales during any property slump. Xi has said homes are for living in, not for speculation.

Chinese President Xi Jinping’s mantra that homes should be for living in is falling on deaf ears, with tens of millions of apartments and houses standing empty across the country.

Soon-to-be-published research will show roughly 22 percent of China’s urban housing stock is unoccupied, according to Professor Gan Li, who runs the main nationwide study. That adds up to more than 50 million empty homes, he said.

The nightmare scenario for policy makers is that owners of unoccupied dwellings rush to sell if cracks start appearing in the property market, causing prices to spiral. The latest data, from a survey in 2017, also suggests Beijing’s efforts to curb property speculation — considered by leaders a key threat to financial and social stability — are coming up short.

Continue reading… “A fifth of China’s homes are empty. That’s 50 million apartments”

Deep learning algorithm detects Alzheimer’s up to six years before doctors

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A new algorithm significantly outperformed human clinicians in predicting which patients would go on to develop Alzheimer’s disease.

A powerful new deep learning algorithm has been developed that can study PET scan images and effectively detect the onset of Alzheimer’s disease up to six years earlier than current diagnostic methods.

The research is part of a new wave of work using machine learning technology to identify subtle patterns in complex medical imaging data that human clinicians are unable to pick up. Continue reading… “Deep learning algorithm detects Alzheimer’s up to six years before doctors”

Dubai Police start training on flying motorbikes

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(CNN) — The flying motorbike is back in Dubai — and you could see the police riding one in the not-too-distant future.

A year after California-based startup Hoversurf showcased its hoverbike at tech expo GITEX in the white and green livery of the Dubai Police, the company has returned with a new model and evidence its electric vertical take-off and landing (eVTOL) vehicle might be, well, taking off.

Making good on a deal signed in 2017, Hoversurf has now gifted Dubai Police its first serial production unit of the S3 2019 Hoverbike and has begun training officers to fly it.

Brigadier Khalid Nasser Alrazooqi, general director of Dubai Police’s artificial intelligence department, described the eVTOL vehicle as a first responder unit used to access hard to reach areas. He said he aims to have hoverbikes in action by 2020.

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How Alphabet, Amazon, Apple, and Microsoft are shaking up healthcare — and what it means for the future of the industry

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The healthcare industry is undergoing a profound transformation. Costs are skyrocketing, consumer demand for more accessible care is growing rapidly, and healthcare companies are unable to keep up.

Health organizations are increasingly turning to tech companies to facilitate this transformation in care delivery and lower health expenditures. The potential for tech-led digital health initiatives to help healthcare providers and insurers deliver safer, more efficient, and cost-effective care is significant. For healthcare organizations of all types, the collection, analyses, and application of patient data can minimize avoidable service use, improve health outcomes, and promote patient independence, which can assuage swelling costs.

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The father of the internet wants to save the web from itself

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Tim Berners-Lee, the father of the Internet, sits in front of a 1994 computer displaying his creation.

Twenty-nine years ago, as the architect behind the web’s first browser and server, Tim Berners-Lee built the internet. ”I imagined the web as an open platform that would allow everyone, everywhere to share information, access opportunities, and collaborate across geographic and cultural boundaries,” he wrote in a 2017 open letter. But, he says, he’s become “increasingly worried” about new online trends, like lack of privacy, the spread of misinformation, and lack of transparency in online political advertising. Over the last decade, Berners-Lee’s focus has become saving the internet from itself, and now he’s recruiting companies, governments, and citizens to join his cause.

Berners-Lee’s non-profit the World Wide Web Foundation studies internet accessibility and usage, and details the barriers to a free and open internet, like harassment, privacy infringement, and cost. For instance, a recent study found that over 2 billion people live in places where internet is prohibitively expensive to access. And today, Berners-Lee announced a “Contract for the Web,” which lays out principles for using the internet ethically and transparently for all participants.

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The future of cities

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Cities may occupy just 2 per cent of the earth’s land surface, but they are home to more than half of the world’s population and generate 80 per cent of all economic output. And their dominance is growing: by 2045, an extra 2 billion people will live in urban areas.

At Pictet, we think it will put pressure on infrastructure, resources and the environment.

Encouragingly, those responsible for planning and building the urban centres of the future are up to the challenge. Worldwide, authorities are working ever more closely with the private sector in an effort to make our cities safer, more sustainable and better connected.

That’s good news for the planet.

Continue reading… “The future of cities”

The healthiest people in the world don’t go to the gym

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If you want to be as healthy as possible, there are no treadmills or weight machines required. Don’t just take my word for it—look to the longest-lived people in the world for proof.

People in the world’s Blue Zones—the places around the world with the highest life expectancy—don’t pump iron, run marathons or join gyms.

Instead, they live in environments that constantly nudge them into moving without even thinking about it. This means that they grow gardens, walk throughout the day, and minimize mechanical conveniences for house and yard work.

In fact, Blue Zones researchers determined that routine natural movement is one of the most impactful ways to increase your life span, and a common habit among the world’s longest-lived populations.

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Artificial Intelligence will be the greatest jobs engine the world has ever seen

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Fears that AI will make many types of workers unemployable are unfounded.

In the past few years, artificial intelligence has advanced so quickly that it now seems that hardly a month goes by without a newsworthy AI breakthrough. In areas as wide-ranging as speech translation, medical diagnosis and game play, we have seen computers outperform humans in startling ways. This has sparked a discussion about what impact AI will have on employment.

Some fear that as AI improves, it will supplant workers in the job force, creating an ever-growing pool of unemployable humans who cannot economically compete with machines in any meaningful way. This concern, while understandable, is unfounded.

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