Holiday retail sales are up nearly 4.9% this season. "Giftology" author John Ruhlin shares his picks for the top trends in gifts for the 2017 holiday season.
The top trends this year include personalization, being locally made, artificial intelligence enabled selection, conscious capitalism, and practicality over novelty. Ruhlin says Amazon's launch of Marketplace is a great example of how the e-commerce giant is capitalizing on the growing popularity of personalization.
Shoppers spent more than $800 billion during this holiday season according to Reuters. Ruhlin says ultimately its the story that sells to consumers.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
Variety's Clayton Davis discusses why more than just the 1% are struggling after the LA fires. Plus, how awards shows will pivot to help victims. Watch!
Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.
