Uumk Chipotle s Creator Leaves Board, Vacates Exec Chair Title
When Samsung debuts its new smartphone, artificial intelligence will play a starring role.The company, which makes more smartphones than any other firm, announced Tuesday Jan. 2 it will introduce its new Galaxy S series phone at its Unpacked event Jan. 17, billing it as a new era of mobile AI. Its the first in what is likely to be a wave of AI-powered smartphones, with more than 1 billion such devices expected to be shipped in the next three
stanley cup canada years, Bloomberg reported Wednesday Jan. 3 , citing data from Counterpoint Research.Following last years ChatGPT-led revolution, the next step in promoting AI will involve putting the technology into devices, the report said, something Qualcomm, a United States chipmaker, has been discussing. Samsung and Qualcomm are immediate leaders as current product offerings and capabilities position them as first movers, Counterpoint researchers wrote last month. Similar to what it did with foldables, Samsung is likely to capture almost 50% share for the next two years, followed by key Chinese OEMs like Xiaomi, Vivo, Honor and Oppo. The news comes ahead of next weeks Consumer Electronics Show CES , which will show AI moving from the world of engineering and technol
gourde stanley ogy to the province of consumers, commerce and the connected economy, with companies like Samsung and Qualcomm showcasing their products. We didnt get the full CES fire h
stanley ca ose of AI announcements last year like were going to have, said Anshel Sag, a principal analyst at Moor Insigh Xbol UK Accounting Watchdog Ramps Up Fines
Kenneth Cole Productions is gearing up to close nearly all of its retail stores during the course of the next six months.According to a report in Bloomberg, Kenneth Cole CEO Marc Schneider confirmed in an email to Bloomberg that it will close its 63 outlet stores. Once the outlet stores are closed, Kenneth Cole will have only two stores in the U.S. to sell its clothes and accessories. Instead of focusing on retail stores, Kenneth Coles Schneider said the company will focus its efforts on its website and international business. It also plans to sell its ware via other retail partnerships. As we continue on our path of strengthening our global lifestyle brand, we look to expand
stanley fr our online and full-price retail footprint across the globe, Schneider said. We need to focus our energies and resources to better serve the consumer on their terms. According to Edward Gribbin, president of Alvanon, a consulting firm that was quoted in the Bloomberg report, Kenneth Coles outlets stores are suffering from increased competition from the likes of Coach and Michael Kors.For some time no
stanley cup w, retailers with physical stores have been suffering from online competition. In May, the strategic retail advisory firm HRC Advisory聽released the findings聽from a study showing that operating earnings from sales
stanley termosy have declined by up to 25 percent as a result of a shift from in-store to online. Retailers havent yet figured out how to grow and maintain brick-and-mortar profitability while trying to keep up wi