• AI Is Here to Save Dating Apps -- or Make Them Worse
    www.cnet.com
    If you've had any experience with dating apps, you probably have strong feelings about them. You might get burnout from spending too much time swiping, or you might meet the love of your life. And thanks to new developments in AI, you might love or hate dating apps even more.Dating apps are no strangers to artificial intelligence. But given online dating companies' years of experience in AI tech, it's a welcome surprise that they don't seem inclined to immediately flood their apps with new, ChatGPT-like features, unlike other social platforms.The leading companies are taking different approaches. Match Group, which owns many dating apps including Tinder and Hinge, has focused more on profile-building and chat tools. Meanwhile, Bumble, the next largest player, has been investing in AI for fraud and spam detection and is a founding member ofPartnership for AI, a coalition of media, tech and activist organizations urging for responsible use of "synthetic" or AI-generated media.Read more: This Dating App Uses AI to Make Your Profile Less CringeGenerative AI and other advances come at a challenging time for the$3 billiononline dating industry. User growth hasstalledover the last several years. People using the apps are reporting high levels of dating app burnout, according to a study byForbes. People are exhausted from endless swiping, awkward conversations that don'tGenerative AI and other advances come at a challenging time for the $3 billiononline dating industry. User growth has stalled over the last several years. People using the apps are reporting high levels of dating app burnout, according to a study by Forbes. People are exhausted from endless swiping, awkward conversations that don't go anywhere and ghosting. A recent class action lawsuit alleges Match Group is "gameifying" dating apps to keep people swiping instead of finding suitable matches. There are also enduring concerns about data privacy and safety, as romance scams attempt to drain our wallets and data breaches risk our personal data. Only 30% of Americans feel safe while using dating apps, according to a 2024 report from HR tech company Checkr.In many ways, the adoption of generative AI will be a crucial test for the industry -- will companies learn from past mistakes and use the new technology to fix years-long pain points and ease feelings of burnout? Or will the adoption of AI exacerbate existing concerns about privacy and ultimately make things worse? The answer will lie in how the apps plan on using AI and how much control they will give us over it.Swiping right on AI Upgrade your inbox Get cnet insider From talking fridges to iPhones, our experts are here to help make the world a little less complicated. Nowadays, AI-powered algorithms drive every major dating app. But that wasn't always how online dating worked. Originally, online dating was targeted primarily to older audiences and required them to fill out long questionnaires about their interests, hobbies and preferences.Then came Tinder."Swiping changed the online dating game a little over a decade ago, and it was transformative," said Liesel Sharabi, an associate professor at Arizona State University and online dating researcher.Swiping models use foundational AI technology from fields like machine learning to develop personalized recommendations. These exist in many places online, powering things like how Netflix recommends a new show or how TikTok serves videos.When people use dating apps, every action they make is a data point for the algorithms to determine what content to serve next. When people fill out their preferences and actively swipe, it helps the algorithm learn what content they're most likely to engage with and what profiles make the best potential matches."When you swipe right on somebody to indicate that you like them, it's going to take into account other people who have also been swiping right on the same profiles, and it's going to use that information to then make recommendations. So it's recommending partners based on people like you who seem to have similar tastes," said Sharabi in a Zoom interview."I think we're at a point where people are ready for some changes, and fortunately for the platforms, I think AI is going to bring that." Liesel Sharabi, associate professor, Arizona State University Many dating apps also use non-generative AI tools to bolster their security. In 2019, Bumble rolled out an AI-powered image detector that automatically recognized and blurred nonconsensual nudes sent in chats. In 2021, Tinder introduced a tool that scans people's DM drafts to identify inappropriate language and sends them a pop-up message asking them to reconsider sending. More recently, Hinge created an anti-ghosting feature that prompts you to reply to existing matches, in an attempt to help mitigate burnout.Now, the next evolution of AI technology is here in the form of generative AI. It's the kind of technology that powers popular chatbots like ChatGPT and can create text, images and audio from simple queries. It also presents a lot of opportunities for dating apps to improve their models. Sharabi said that dating app users are in a "burnout era.""People are getting burnt out. They're tired of the model that exists currently. I think we're at a point where people are ready for some changes, and fortunately for the platforms, I think AI is going to bring that," Sharabi said.Leveling up your rizz with generative AIAt a tech event hosted by Bloomberg this past spring, Bumble founder Whitney Wolfe Herd said she saw a future where AI personas acted like concierges to swipe, match and message with other people's AIs for us. That future is still a ways off in terms of technological development and implementation, but generative AI for dating apps is here.So far, AI features on dating apps are falling into two main buckets: tools to bolster security and tools to improve engagement. Tinder recently launched an AI-powered photo selector tool, which scans your camera roll for the best pictures to include on your profile.In the other bucket, Bumble recently announced a new AI model that it says strengthens its ability to weed out fake, scam or spam accounts. Bumble's deception detector tool, powered by the AI model, helps people report fake profiles using AI-generated photos and videos.Generative AI has also opened the doors for AI dating startups like Rizz Decode. Rizz is an AI-powered dating assistant that uses ChatGPT and other models to generate text for dating apps. You can upload screenshots from dating apps to the Rizz mobile app, and it will suggest replies based on what's being discussed in the DM or on someone's profile. The app, which is available for $10 a week, currently has over 7 million users and has generated over 75 million responses. Rizz uses generative AI to come up with opening lines to use in dating apps. Screenshot by Katelyn ChedraouiWhen ChatGPT exploded in popularity in 2022, Rizz co-founder Roman Khaves saw the tech as a great opportunity to help improve the experience of using the big dating apps and, most importantly, help folks get off the apps and go on a date. One of the biggest features Rizz offers is aid in crafting an opening line, which is a make-or-break moment, Khaves said."It's challenging to start a conversation," Khaves said in an interview. "It's also not really something [people] are used to in real life Rizz makes it easier to have and start conversations."People using Rizz definitely run the risk that their match might not appreciate learning they used AI to connect with them. But Khaves pointed out that Rizz's goal is to help people get past the all-too-common talking phase and avoid ghosting."We offer suggestions; we don't tell you exactly which line to write," said Khaves. "Everyone is choosing a very different line. So what we do is we help give you the strategy, then we offer different examples." Rizz also lets you insert keywords, so if you want to appeal to a potential match's love of sushi and dancing, Rizz can come up with different examples of opening lines based on those interests.While Rizz's ultimate goal is to get you off dating apps, not every use of AI tech for online dating is so benign. A London-based lesbian dating app recently made news for adding facial recognition to its verification process. According to the app's founder, the tech can identify specific appearance characteristics that aid in the app's overall goal to purposefully exclude trans women from accessing the platform. Like any technology, the potential benefits or harms AI can cause depend on how it is used.New AI tools, old concerns renewedWhere AI goes, privacy concerns follow. For people on dating apps, that's nothing new. Dating apps encourage you to share as much personal information as possible so the algorithm can find the most compatible matches. But that comes with inherent safety risks, whether it's being more vulnerable to scammers, app-wide data breaches or having your information shared and used by third parties.Match Group has a set of guiding principles for generative AI, including a promise to be "transparent about how we use data to improve generative AI outcomes." As of publication, in Tinder and Hinge's privacy policies, AI isn't mentioned once. The apps don't have specific policies laying out how AI is used.Hinge does have its own AI principles, which make a similar promise to its parent company about using AI safely and responsibly. Hinge said in the principles that it does not use generative AI, though it is exploring future integrations, which was confirmed in Match Group's first-quarter earning report. For both Tinder and Hinge, the only way to delete all your data is by submitting a request and closing your account. Bumble also doesn't have an AI policy, and its privacy policy doesn't mention AI either.For companies that are beginning to roll out more AI features, not having specific AI policies or updating their privacy policies is worrisome. It's especially concerning considering how terrible dating apps have been at protecting their users' personal information in the past."A lot of the companies are using that information not just to help you find love, but to help them make money," said Jen Caltrider, program director of the Privacy Not Included project at Mozilla Foundation.The project evaluated 25 of the most popular dating apps, and over half failed to meet minimum security standards. Most dating apps (80%) have policies for sharing or selling personal information with advertisers, and Caltrider's team tagged 88% with a privacy and security warning label. Their concern is that generative AI will make apps more data-hungry. These are the worst dating apps in terms of privacy according to the Privacy Not Included project. Screenshot by Katelyn Chedraoui/CNETGrindr is one example of an app that could be affected by AI. CEO George Arison has been vocal about the possibilities AI presents, and Grindr said in a blog post it was exploring new ways to use generative AI, without giving any specifics. Arison said in an interview with Yahoo Finance earlier this year that one way AI could change how matches are made is by potentially scanning people's DMs for additional data to improve match recommendations. Grindr has not implemented this tool, but it has updated its privacy policy to say it's transitioning the storage of messaging info to Grindr servers, no longer just on people's devices.If you use Grindr, you now have to trust it with personal information, Caltrider said, and the company doesn't have the best track record with that. Right now in the UK, Grindr is facing a big lawsuit from people who allege that Grindr shared their sensitive health information, including HIV status, without their consent. In a case from 2021, a Catholic media company bought location-tracking data from dating apps like Grindr, which reportedly led to the outing of a priest."It's not only what you can read and deduce from [dating apps] policy privacy documentation. It's also what they then turn around and actually do," said Caltrider. "Trusting them with your information is trust that I feel a lot of these dating app companies have not earned."Adding AI to the mix could make it even harder to trust dating apps with our information. The rise of AI chatbots and generators has brought up many privacy and even copyright concerns, particularly around how models are trained. Big players like OpenAI have struck deals with news organizations and platforms like Reddit to use their content for training purposes. However, dating apps have been more hush-hush about their processes -- including whether user data is used."A lot of the companies are using [your personal] information not just to help you find love, but to help them make money." Jen Caltrider, program director, Privacy Not Included Khaves said that all screenshots on Rizz are encrypted and added that part of being on dating apps, and even other social platforms like Facebook, means forfeiting some degree of privacy. For example, Tinder simply won't work if people don't share their location. But when it comes to potential new AI tools, it's going to be harder to decide to hand over data if you don't have information about how it's actually used -- if you get the choice at all.Generative AI on dating apps also raises new, thorny ethical questions. For example, if a dating app did start scanning DMs for data, is that something its users consent to and control? And if AI tools include human review as part of the maintenance process, are people aware of and agreeing to have their DMs potentially read by someone other than their match? Ethical questions like these, Caltrider said, are ones dating apps might not be considering as they rush to get into the AI game.As dating apps dive deeper into AI, all of these unknowns will affect the quality of the user experience. AI promises opportunities for dating apps to improve their services and security. But it's also likely to further cement a key issue -- forcing people to give up personal information and forfeit privacy in the name of finding love."It becomes really tricky to implement AI successfully in a situation where every bit of personal information about you is on the table," said Caltrider.Future of AI in online datingSo far, new AI dating tools seem to be focused on reversing negative trends and improving the experience for daters. But there's still a worrisome lack of information about how these models will be used and whether user data is involved in creating and training them.There's also the distinct possibility that all these AI tools eventually end up paywalled, accessible only to premium subscribers. A report from Morgan Stanley highlighted that monetization of people who are already using the apps -- getting them to upgrade and pay for certain perks like standing out, unlocking more matches and sending unlimited likes -- is likely going to be the industry's strategy for the next few years. If that is the eventual end goal for Match Group and Bumble, they're going to have to work to prove these AI features will be worth it.On the other end of the spectrum, Sharabi wonders if AI might push people back to meeting more folks in real life. With AI tools becoming more common, it could be harder for people to trust they're safe and not being catfished. AI should augment, not replace, human decision-making, she said."Dating apps, they're fun and kind of frivolous, but at the same time, they're also facilitating some of the most important decisions that you will ever make. People are using them to choose life partners. It's a huge decision. It's going to impact so many different aspects of your life, and we're letting AI help us make those choices. It's really significant," Sharabi said.
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  • Google Whisk, an image remixing tool, is now available in 100+ countries
    techcrunch.com
    In BriefPosted:11:19 PM PST February 11, 2025Image Credits:Google LabsGoogle Whisk, an image remixing tool, is now available in 100+ countriesGoogle keeps releasing experimental products built with its AI models to give users a taste of its capabilities. Last year, the company debuted an image remixing tool called Whisk that was available to users in the U.S. On Tuesday, Google made the tool available in more than 100 countries.There are plenty of image-generation tools that create images through text prompts. Google Whisk tries to make things easier by letting you upload three images for subject, scene and style, and remix them into a new creation powered by the Imagen 3 model.If you want to customize the image, you can use text prompts for the overall image or specific to the subject, scene or style.Apples Image Playground also lets you create images in a similar manner by combining styles and subjects.Notably, Whisk is not available in countries and regions like India, Indonesia, the EU, and the U.K.Topics
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  • USAF Invests $100M in Firestorm Labs for 3D Printed UAS
    3dprintingindustry.com
    Firestorm Labs, a company specializing in additively manufactured unmanned aerial systems (UAS), has been awarded a five-year, $100 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract by the U.S. Air Force. The agreement is structured to support the development and procurement of UAS solutions, with a focus on modular, cost-effective designs that integrate advanced autonomy.This new contract allows the Air Force to issue multiple task and delivery orders over five years, with performance periods extending up to 24 months after the final order. By leveraging additive manufacturing and rapid production methods, Firestorm Labs aims to address operational needs in contested environments where traditional supply chains may be disrupted.Firestorm Labs logo. Image via Firestorm Labs.The San Diego-based firm designs drones classified within Group 1-3, a U.S. Department of Defense categorization for small to medium-sized UAS with weights under 1,320 pounds. These systems are used for intelligence, surveillance, reconnaissance (ISR), and tactical support.Firestorms approach to drone development centers on scalability and rapid deployment. Additive manufacturing techniques allow for the localized production of UAS components, reducing reliance on centralized factories and enabling on-demand fabrication closer to the point of use. This capability is particularly relevant for military operations requiring adaptable logistics.Our vision is to enable the production of systems, parts, and prototyping at the edge, agnostic of vendor, said Chad McCoy, Co-Founder and Chief Strategy Officer of Firestorm Labs. xCell is our response to the challenges of an uncertain supply chain, isolated geography, and contested logistics that demand innovation.Dan Magy, Firestorm Labs CEO and Co-Founder, described the contract as a validation of their work in modular UAS development. This award reflects the Air Forces confidence in our ability to deliver adaptable, cost-effective UAS solutions that redefine operational possibilities, Magy said.Firestorm Labs Tempest drone. Image via Firestorm Labs.Additive Manufacturing Expands UAS CapabilitiesCummings Aerospace, an Alabama-based aerospace and defense manufacturer, recently completed flight trials for a new 3D printed turbojet loitering munition named Hellhound S3. This kamikaze-style drone weighs under 25 pounds with its launch canister and ground control system. Engineers designed it for single-soldier deployment and swift precision strikes against armored targets. The company tested the munition at the Pendleton Unmanned Aircraft Systems Test Range in Oregon, where it exceeded 350 miles per hour at half throttle and maintained stable operation in cold, windy, and snowy conditions.Ursa Major, a Colorado-based propulsion company, recently completed successful flight tests of a new 3D printed solid rocket motor (SRM) developed in partnership with Virginia-based Raytheon Technologies. The test, conducted at Naval Air Weapons Station China Lake, demonstrated the long-range missile capabilities of the 3D printed SRM, which was produced using Ursa Majors Lynx additive manufacturing technology. This production method allows for simultaneous fabrication of multiple SRMs on a single production line, reducing costs and accelerating development timelines.Testing an Ursa Major. Photo via Ursa Major.3D Printing Industry is hosting alive webinar to preview the 2025 AMUG Conference. Join us and our guests on Wednesday, 12th February.Ready to discover who won the 20243D Printing Industry Awards?What will the future of 3D printing look like?Which recent trends are driving the 3D printing industry, as highlighted by experts?Subscribe to the 3D Printing Industry newsletter to stay updated with the latest news and insights.Stay connected with the latest in 3D printing by following us on Twitter and Facebook, and dont forget to subscribe to the 3D Printing Industry YouTube channel for more exclusive content.Featured image shows the Firestorm Labs Tempest drone. Image via Firestorm Labs.
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  • Li Ka-Shings Horizons Ventures Co-Leads $112 Million Round In Australian AI Diagnostics Startup Harrison.ai
    www.forbes.com
    Brothers Aengus (right) and Dimitry Tran cofounded Harrison.ai in 2018. Aengus is the startup's CEO and Dimitry is the chief business development officer.Harrison.aiHorizons Ventures, the Hong Kong venture capital firm run by billionaire Solina Chau and backed by Li Ka-shing, has co-led a $112 million funding round in Australian startup Harrison.ai, which uses artificial intelligence to improve medical imaging diagnosis.Harrison.ais Series C round was also co-led by Australian pension fund Aware Super and fund manager ECP Asset Management, the startup said in a statement on Tuesday. Other investors in the round include Blackbird Ventures, an early-backer of local graphic design unicorn Canva; Indonesias Alpha JWC Ventures, whose portfolio includes Singapore used-car marketplace unicorn Carro; Wollemi Capital Group, the family office of Tesla chair Robyn Denholm; and Australias National Reconstruction Fund Corp.The Series C brings its total funds raised to more than $240 million. The startup declined to disclose its valuation.Harrison.ai was cofounded in 2018 by brothers Aengus and Dimitry Tran, who grew up in Vietnam before moving to Australia, where Aengus received training as a cardiac surgeon at the University of New South Wales and Dimitry earned a MBA. The Sydney-based startup has developed AI tools to analyze X-ray and CT scans to identify signs of abnormalities more accurately and quickly. Its tool for chest X-rays, for example, is able to detect up to 124 findings in less than 20 seconds and improve accuracy by 45%, according to Harrison.ai. More than 1,000 healthcare facilities worldwide, including in Australia, the U.K. and Hong Kong, are using its AI tools, the startup said.Harrison.ai said its AI tool for chest X-rays is able to detect up to 124 findings in less than 20 seconds and improve accuracy by 45%.Harrison.aiHarrison.ai said it will use the funds raised to expand into the U.S and to ramp up its product offerings. Last September, the company launched an AI chatbot that can answer open-ended questions about X-ray images and can generate reports.The growing demand for equitable and effective healthcare calls for advanced systems like AI to enhance human diagnostics and address disparities in access to care, said Aengus, the startups CEO who made the Forbes 30 Under 30 Asia list in 2020. Harrison.ai meets this need by developing clinical-grade AI models designed to improve capacity.Horizons Ventures first invested in Harrison.ai in 2019, when the startup scored A$29 million ($18 million) in a funding round led by Blackbird Ventures, with participation from Skip Capital, a venture capital firm cofounded by Australian tech billionaire Scott Farquhar, among others.Horizons Ventures, which backed Facebook in 2007, made early bets on AI with investments such as DeepMind and Siri. The firm was cofounded by Chau, who debuted on the Hong Kongs 50 Richest list last year thanks to her holdings in U.S. energy drink maker Celsius Holdings and videoconferencing company Zoom. Li, senior advisor of CK Hutchison and CK Asset, has been the principal backer of Horizons investments, according to a 2014 Forbes Asia article on Chau.MORE FROM FORBES
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  • Alibabas Shares Surge On Report Of AI Partnership With Apple In China
    www.forbes.com
    Alibaba co-founder Jack Ma delivers a speech in 2019 in Paris.Chesnot/Getty ImagesShares of Chinese e-commerce giant Alibaba surged in Hong Kong on Wednesday after The Information reported the company is working with Apple to introduce AI features to iPhones sold in China.Dual-listed in New York and Hong Kong, the companys shares rallied as much as 8.6% in the Asian financial hub. Citing one anonymous source, San Francisco-based business publication The Information said the two companies have submitted AI services they jointly developed for approval by Chinese regulators.Apple partners with OpenAI to integrate the American tech giants ChatGPT into its Apple Intelligence software services, which were rolled out last year to provide iPhone users with more intelligent digital assistants. But as OpenAIs chatbots arent readily available in China, where many western technology services are being blocked, Apple has been searching for a local partner for AI features in one of its most crucial markets.Apple and Alibaba didnt respond to requests for comment. Their partnership isnt surprising, Chelsey Tam, a Hong Kong-based senior equity analyst at research firm Morningstar, wrote in an e-mailed note.Gaming and social media giant Tencent, which was once considered by Apple, was placed earlier this year on a U.S. list of Chinese military-linked firms, which might discourage American companies from working with it, according to the note. TikTok parent ByteDance, another Chinese tech giant that is investing heavily in AI models, has yet to resolve the short video platforms legal challenges in the U.S.Meanwhile, collaboration with search engine operator Baidu failed as its AI reportedly didnt meet Apples standards. Apple considered DeepSeek, the Chinese AI firm that shocked Silicon Valley with its cost-effective model, but reportedly concluded the startup lacked the manpower to support a large customer like itself.Alibaba, on its part, recently released an AI model that it says is better than DeepSeek in some aspects. Charlie Chai, a Shanghai-based analyst at research firm 86Research, says by WeChat that the partnership with Apple is a powerful endorsement, and might lead to more companies working with Alibaba.Apple has done far more research than any investor, he says. So this vote of confidence from Apple is definitely taken very seriously by investors.
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  • Ford's CEO says Trump's tariffs are causing chaos and could be devastating to the auto industry
    www.businessinsider.com
    Jim Farley, the CEO of Ford, said the Trump administration's tariffs will hurt the auto industry.Trump's tariffs on Mexico and Canada "would be devastating" for Ford, said Farley.Farley said South Korean, Japanese, and European automakers would benefit from Trump's tariffs.Jim Farley, the CEO of Ford, said President Donald Trump's latest tariffs on Mexico and Canada could deal a serious blow to his company and the auto industry.Farley, who was speaking at a conference organized by Wolfe Research in New York on Tuesday, said that while Trump has talked about making the "US auto industry stronger," the president's trade policies would hit Ford hard."So far, what we are seeing is a lot of cost and a lot of chaos," Farley told conference attendees.Trump announced on February 1 that he would impose 25% tariffs on Mexico and Canada. The tariffs, which were meant to take effect on February 4, were delayed by a month after both countries agreed to tougher border control measures."If you look at the tariffs, let's be real honest, long term, a 25% tariff across the Mexico and Canadian border would blow a hole in the US industry that we have never seen," Farley said on Tuesday."And it frankly gives free rein to South Korean and Japanese and European companies that are bringing 1.5 million to 2 million vehicles into the US that wouldn't be subject to those Mexican and Canadian tariffs," Farley added. "It would be one of the biggest windfalls for those companies ever."Farley added that Ford has made sure its finished vehicles and components comply with the US-Mexico-Canada Agreement. But "to have that kind of size of the tariff would be devastating," Farley said.Representatives for Ford and the White House did not respond to requests for comment from Business Insider.This isn't the first time Farley has commented on Trump's tariffs on Mexico and Canada. Ford,along with other automakers like General Motors and Toyota, donated $1 million to Trump's inaugural fund.Farley told investors during an earnings call on February 5 that "there is no question" the tariffs would have a "huge impact" on the auto industry and result in higher prices for customers."What doesn't make sense to me is why are we having this conversation while Hyundai Kia is importing 600,000 units into the US with no incremental tariff, and why is Toyota able to import 0.5 million vehicles in the US with no incremental tariffs," Farley said during the earnings call."So, if we're going to have a tariff policy that lasts for a month or whatever it's going to be years, it better be comprehensive for our industry," Farley continued. "We can't just cherry-pick one place or the other because this is a bonanza for our import competitors."On Monday, Trump announced 25% tariffs on all steel and aluminum imports. The US is the world's largest importer of steel and gets its supply mainly from Canada, Mexico, and Brazil.
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  • Kering's CEO says Gucci and other brands will absolutely not shift production to the US to counter Trump's tariffs
    www.businessinsider.com
    Kering's CEO said he has no plans to shift production out of Europe to counter Trump's tariffs.He said that most of the group's production is in Italy and France, which is part of its heritage.Kering reported a 12% decline in annual sales in 2024, with its biggest brand, Gucci, sliding 21%.Kering, owner of brands like Gucci, YSL, and Bottega Veneta, said that it has "no plan" to shift luxury goods production to the US to counter President Donald Trump's tariffs.The group's CEO, Franois-Henri Pinault, said in a Tuesday earnings call that it "makes no sense" to move production out of Europe."Most of our brands we are producing in Italy and in France, and this is part of the promise that we bring through our products, through our heritage, to the consumer," he told investors."We are selling part of our culture, being an Italian culture or a French culture," he added. "So we have no plan of producing to counter the tariff. It makes no sense."He said the group already operates in "big markets where we have import duties," such as China.He added that the group might have to review its pricing strategy in light of the tariffs.In January, Bernard Arnault, CEO of LVMH, floated the idea of relocating the group from France to the US to counter France's proposed tax hikes.However, he backpedaled on his statement after receiving backlash, including from the leader of the French trade union.Trump has announced a slew of tariffs, including a 10% tariff on all goods from China and a 25% levy on all steel and aluminum imports.He has also threatened 25% tariffs on all goods from Canada and Mexico. And on February 2, he told reporters that tariffs will "definitely happen with the European Union," and that the trade actions of the EU were an "atrocity."Kering reported weak annual financial results. Revenue was 17.2 billion, or $17.82 billion, in 2024, down 12% from the year before. Its recurring operating income decreased by 46% to 2.554 billion.Its biggest brand by revenue, Gucci, saw its comparable sales slide 21% in 2024 compared to 2023. YSL, its second-largest brand, reported a 9% decrease in comparable sales.The company's stock price has been down more than 40% in the past year. It remained largely flat after the company reported its annual results on Tuesday.Representatives for Kering did not respond to a request for comment from Business Insider, sent outside regular business hours.
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  • Studio On the Cliff / AKINTECTS
    www.archdaily.com
    Studio On the Cliff / AKINTECTSSave this picture! Hongming LiuOffice Buildings, RefurbishmentChongqing, ChinaArchitects: AKINTECTSAreaArea of this architecture projectArea:39 mYearCompletion year of this architecture project Year: 2024 PhotographsPhotographs:Hongming LiuMore SpecsLess SpecsSave this picture!Text description provided by the architects. The new location of our design studio is in the pavilion on the second floor of the Houbao Promenade. After the renovation of the promenade, some shops have been added, sharing the community landscape with consumer tourists. As one of the shops, while meeting the needs of office and reception, we hope to reserve an open riverside space for the public. Therefore, the following operations were carried out during the design process:Save this picture!Save this picture!One corner of the original pavilion was close to the railing, and a glass box protruded from the other corner, enclosing the cliff - side walkway into a private area. First, we cut off one corner of the building to make the walkway circular; and cut off another corner to leave an observation deck at the best position of the walkway.Save this picture!Save this picture!In order for the studio and the walkway to share the river view without interfering with each other, we raised the indoor space by 1 meter. Coupled with the 1 - meter - high wall below the window, a 2 - meter - high exhibition wall is formed. It will be a nice experience to introduce the company to clients while overlooking the river.Save this picture!Save this picture!A passage was cut in the middle of the building. It serves as both a staircase from the outdoors to the indoors and a window for the courtyard to view the river. On one side of the passage is an office area with six workstations. The desks integrate functions such as trophy display, printer, refrigerator, and microwave oven. The top of the cut - off corner is combined with the water bar countertop. On the other side is the reception area, where sofas and a TV are arranged along the cut - off corner. The top of the cut - off corner is equipped with a lazy sofa for rest.Save this picture!The final state of the design organically combines indoor office work and public sightseeing in the same space, allowing both to share the river view while remaining independent of each other.Save this picture!Project gallerySee allShow lessProject locationAddress:Nanan District, Chongqing, ChinaLocation to be used only as a reference. It could indicate city/country but not exact address.About this officePublished on February 12, 2025Cite: "Studio On the Cliff / AKINTECTS" 12 Feb 2025. ArchDaily. Accessed . <https://www.archdaily.com/1026675/studio-on-the-cliff-akintects&gt ISSN 0719-8884Save? / You've started following your first account!Did you know?You'll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream
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  • Haruna Innovation Center / Naomi Sato Architects
    www.archdaily.com
    Haruna Innovation Center / Naomi Sato ArchitectsSave this picture!Northside bird view. Image Kazumi OgataArchitects: Naomi Sato ArchitectsAreaArea of this architecture projectArea:1497 mYearCompletion year of this architecture project Year: 2024 PhotographsPhotographs:Kazumi OgataMore SpecsLess SpecsSave this picture!Text description provided by the architects. A project for an innovation center as the central hub for product planning and development for Haruna Beverage, whose head office and factory are located at the foot of Mt. Haruna in Gunma Prefecture. Before designing the building, three areas were conceived for this facility, to stimulate communication both inside and outside the company and to promptly produce beverages with a new perspective.Save this picture!Save this picture!Save this picture!Save this picture!"To Think = Office Area": A space with a free address working place emphasizes communication and co-creation"To create = Innovation Area": A space where scientists can be creative with all five senses"To spread = Gallery Area": A space where visitors can learn about the company and its productswhile touring the entire buildingSave this picture!Save this picture!Save this picture!To achieve these visions, the following design concepts were developed: In order to create an environment where people can work with refined sensibilities, bright spaces with warm materials such as wood were designed. Natural soft light from Northside shines through the gaps between the roofs, giving a bright and green-filled atmosphere wherever in the building. The Zig-Zag plan layout creates space, both stream and stillness areas in the Gallery area, and gives diversity to the workspace where public and private are adjacent in the office area. It gives a feeling of an open atmosphere similar to a mountain lodge. Considering fire resistance, earthquake resistance, and cost-effectiveness, a fireproof wooden structure is selected. So that the structure appears in the interior and makes it safe and warm. Considering CO2 reduction and comfortability, high-insulation roofs and walls, floor-supply-air-conditioning, and natural light are adopted. It is making an eco-friendly facility. Save this picture!Save this picture!Save this picture!Save this picture!Save this picture!Save this picture!Project gallerySee allShow lessProject locationAddress:Takasaki-city, Gunma, JapanLocation to be used only as a reference. It could indicate city/country but not exact address.About this officePublished on February 12, 2025Cite: "Haruna Innovation Center / Naomi Sato Architects" 12 Feb 2025. ArchDaily. Accessed . <https://www.archdaily.com/1026740/haruna-innovation-center-naomi-sato-architects&gt ISSN 0719-8884Save!ArchDaily?You've started following your first account!Did you know?You'll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream
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