Kun Cao

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China's Luxury Boom Is Very Different From Japan's Luxury Boom

Two recurring questions I hear are: 'How is Chinese luxury demand different to Japanese demand?' and 'As there is limited growth with the Japanese, what is the risk that growth moderates quickly now with the Chinese?'<p>First, China is the only male-driven luxury goods market. Japanese consumption in …

DARPA’s Incredible Humanoid Robot Can Now Walk On Its Own Two Feet, No Support Required

Remember ATLAS? That massive walking robot that DARPA is building with (the now Google-owned) Boston Dynamics?<p>Last time we saw it, it had two major flaws that made it ever-so-slightly less intimidating: it was loud as hell, and it needed a big, thick support cable to keep it powered and …

Robotics

Skype's newest app will translate your speech in real time

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Eeek! A Writhing Robot Snake

This prehensile machine is as fun as industrial equipment gets<p>This slithering, contortionist robot is named the “Series II - X125 system.” The robot snake-arm is over 7 feet long, and can carry over 13 pounds. It has a flexible tip, and can bend over 225 degrees. In the video, it appears to also …

World Moves One Step Closer to Climate Treaty

Compromise reached in Lima among UN negotiators, with much work remaining.<p>It could have been a scene in a political thriller, the negotiators meeting into the early hours Sunday morning, going 48 hours without a break. Finally, they concluded the UN's 20th climate conference with a draft agreement …