#future-growth

#future-growth

Algae-focused design practice EcoLogicStudio has turned its subject into a biodegradable biopolymer, from which it has "grown" a 3D-printed, 10-metre-tall tree that carries out photosynthesis.Titled Tree One, the massive, self-supporting tree sculpture was shown at two exhibitions presented by car brand Hyundai at its studios in Korea - first Habitat One in Busan and then Habitat One: Sustainable Shelter in Seoul.

The Norwegian defense company Nammo said it can't expand its factory and make new ammunition because TikTok's new data centers nearby are using up all the electricity.As reported by the Financial Times, Nammo is a large defense company that's co-owned by the Norwegian government and a defense company in Finland.

Here's a conspiracy theory for you to consider: the war in Ukraine has shown that the West can't produce ammunition fast enough to sustain even that limited conflict.China noticed, and therefore had TikTok plan three energy-hungry datacenters close to an ammunition factory, threatening its electricity supply.

U.K. commercial broadcaster ITV 's annual results for 2022 were revealed Thursday and the picture is robust.Total group revenue was up 7% to £4.3 billion ($5.3 billion) and total external revenue was up 8% to £3.7 billion.ITV Studios total revenues grew 19% to £2 billion.The "Love Island" broadcaster said that the strong revenue growth and the adjusted interest, taxes, and amortization (EBITA) margin of 12.4% for ITV Studios was driven by a 58% increase in high-end scripted hours produced, with 19 formats sold in three or more countries.

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Meta's (NASDAQ: META) Advertising Revenue shrank in 2022.The company attributed the YoY decline to 1) Economic environment, and 2) Social Network Ads Competitors.According to eMarketer forecast, Meta Ad revenue will recover to positive mid-high single digit growth rates.I think this forecast has not sufficiently counted the pressure Meta will face in growing its ARPU (Advertising Revenue Per User) or retaining its share of Advertising budgets.

One of Europe's largest ammunition manufacturers has said efforts to meet surging demand from the war in Ukraine have been stymied by a new TikTok data centre that is monopolising electricity in the region close to its biggest factory.The chief executive of Nammo, which is co-owned by the Norwegian government, said a planned expansion of its largest factory in central Norway hit a roadblock due to a lack of surplus energy, with the construction of TikTok's new data centre using up electricity in the local area.

A new world-class 7.5m testing facility is to be built in Co Down.Thompson Aero Seating has announced the creation of a Dynamic Test Facility (DTF) which it said will catapult the company into a new era of development and innovation.Described as the first of its kind on the island of Ireland, Thompson Aero Seating said the 13,500sq ft facility represents a 7.5m investment.

Irish premier Leo Varadkar is to travel to Brussels on Thursday for a meeting of EU leaders where the Windsor Framework will be discussed.The leaders of 27 EU countries are also expected to discuss economic issues, energy and migration, and will meet the UN secretary general Antonio Guterres.It comes after EU member states approved the framework on Tuesday, and after a key element of the EU-UK agreement the Stormont brake was endorsed by 515 votes to 29 in the House of Commons on Wednesday.

The Bank of England has criticised the disastrous mini-budget and a failure to spark economic growth since the Covid pandemic, as Jeremy Hunt prepares to unveil huge new spending cuts and tax hikes.Ahead of Thursday's landmark autumn statement  and after inflation hit a shock 41-year high of 11.1 per cent  its governor Andrew Bailey hit out at Britain's damaged reputation, that had worsened the crisis.

T he first in a new fleet of DLR trains was unveiled on Wednesday boasting air conditioning, walk-through carriages, USB charging points and a new colour scheme.The turquoise-painted trains, which will feature real-time travel information displays, are being built in Spain and will start to enter service next year.

The merger combines programmatic expertise with innovative audience analytics giving advertisers measurable data insights.It creates a real-world alternative to buying, planning, and measuring media, ready for the privacy-first world.The merger will introduce Skyrise as the lead brand and will be overseen by the co-founders Alex Petrie, Ian Vint, and Michelle Vint.

After two years of lost revenues, travel-focused publishers are eager to maximize a post-pandemic recovery.US travel brands earmarked an expected $4 billion for digital marketing this year, creating a huge pool of advertising dollars for publishers to capture.BoardingArea, a publisher network that includes more than 60 travel blogs, isn't just banking on a return to normal, said its founder Randy Petersen.After weathering the pandemic, BoardingArea is betting on revenue diversification and a revamped programmatic tech stack for its future growth.

Compass and Anywhere are among the least efficient publicly traded residential brokerages, an analysis by Mike DelPrete has found.As residential brokerages look to cut costs, those two may have to make the deepest cuts, the influential real estate tech observer concluded.He found eXp to be one of the most efficient firms: It generates $10.86 in revenue for every dollar of operating expenses, versus Anywhere's $3.84 and Compass $3.71.

Pinterest's stock chart will look familiar to any investor in tech stocks or social media stocks.Like its peers, Pinterest shares boomed during the pandemic as lockdowns drove a surge of interest in the platform, and its user base and advertising revenue soared.However, the economic reopening has been rough on the image-based discovery engine as its user base declined for several quarters, and revenue growth has slowed sharply due to macroeconomic headwinds and Apple's ad tracking changes.