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Today In Data: Intelligence Of Things Pushes Innovation

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in the form of smart poles that improve urban communities’ access to wireless networks and LED lighting. IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. Here are the numbers: 1.8 percent increase over 2016.

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Tempo And The Home Fitness Gold Rush

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Athleisure giant Lululemon announced the acquisition earlier this month of home exercise startup Mirror for an impressive $500 million. She said working out had been about community, and her firm believed a physical space was the best place to build that. “I expected we’d be where we are today in five years.”.

Exercises 157
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Digital IDs Help Open Banking Reach Its Fullest Potential

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Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. The Pandemic Is Speeding Innovation Up. Regulation Vs. Market Forces. Cohen said.

Data 272
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ClassPass CEO On Getting The Fitness Industry Back Into Fighting Shape

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Navigating the pandemic-altered landscape has been difficult for fitness operators forced to close their physical locations and translate in-person services into digital offerings. He said that consumers still like the immersive and varied exercise experiences that in-person gyms are uniquely able to offer.

Industry 207
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Drone Delivery Makes Steady Progress

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Two primary concerns dominate the conversation about integrating drone technology into German communities: safety and environmental impact. Meanwhile, pressure has been mounting to streamline drone use to deliver vital goods, support social distancing and enable essential workers to operate with greater efficiency and efficacy.”.

Virginia 168
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Connected Fitness Gets Into The Boxing Ring

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It has an innovative product, proven management and a business model that rivals other connected products, including Peloton. The company will operate on a DTC basis for the foreseeable future, although they have received inquiries from gyms and fitness retailers. The Liteboxer actually looks nothing like a punching bag.

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Fleet Feet: Running Shoe Retailer Sprints With Technology

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Americans are exercising through the pandemic. Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer. The retailer’s primary communications vehicle is email. And not all of the action is taking place in front of a screen, or even indoors.