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also suggests a future where we move beyond today’s buzzwords of “clean” and “natural” and develop more tangible standards for personal care ingredients. Ultimately, the ingredient transparency trend will go more mass-market and global across all consumer products. Thinfilm to integrate NFC tags, allowing customers to access digital experiences which showcase the brand’s story and products. So, despite their widespread use, terms like “natural” and “clean” are unregulated and therefore have no consistent standard across beauty and personal care. Google has leveraged its search data to help brands better understand beauty shopper preferences. Beauty brands must continue to consider how voice technology could be used to address shopper pain points, from personalized recommendations to booking reservations.
Pm Vows To Provide Full Support To Textile Industry Amid Historic Demand
Palm Inc had its IPO during the dot-com bubble and in its first day of trading the shares of the new company hit an all-time high of US$95.06. But competition and the end of the tech bubble caused Palm’s shares to lose 90% of their value in just over a year. By June 2001 the company’s shares were trading at US$6.50, making it the worst performing PDA manufacturer on the NASDAQ index at the time. Meitu stock slumped on Monday, and its shares are down almost 70% since they started publicly trading in 2016. It’s eking more money out from premium subscription services but online advertising revenue is its mainstay and that declined 12% in the six months ended June compared to a year earlier. Meanwhile, the company has ricocheted between businesses, attempting everything from making smartphones to selling skincare products offline.
- The company has detected over 180 dimensions of mood changes and express human emotion through digital simulacrums.
- Meitu, which means “beautiful pictures” in Chinese, makes selfie image-enhancing apps that allow users to make their eyes look wider, skin lighter, and faces slimmer.
- The Face Swap Live is a New York-based app like Faceapp that allows users to swipe face with their friends in real-time.
- Meitu is the latest company to say it will hold cryptocurrencies as part of its treasury reserves.
The company, founded by Michael Saylor and Banju Bansal in 1989, HODLs about 90,859 bitcoin, worth over $2.186 billion. The company’s latest addition to its holding was a late February purchase of an additional 328 bitcoin for about $15 million at an average price of $45,710 a bitcoin. On the tech side, keep an eye out for new — or improved — technology applications in the beauty industry. On the theme of personalization, Mink resurfaced to make the world’s first 3D portable makeup printer available for pre-order earlier this year.
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Atolla, which launched in August 2019, leverages a multi-pronged tech approach to produce personalized serums. The company uses AI, a monthly at-home skin test, and a mobile app to develop users’ skin health profile, which change based on the monthly test, inputs from users on season or lifestyle changes, and more. Many brands have used artificial intelligence to personalize skincare analysis and user recommendations.