In the days leading up to Friday the 13th, this couple invited Hurricane Nate to their wedding, this Californian mailman decided to ignore the memo, and this viral video warmed hearts more than your average Friday Feel. Sprinkled in, there are five more interesting stories that caught our attention:
Coach is back on everyone’s radar—for better or for worse. In summer 2017, the luxury fashion brand bought Kate Spade in an effort to revive their image and remind millennial women that Coach is a brand that their mothers once thought was in vogue. This week, the company announced that it’s changing its corporate name to Tapestry, which would supposedly reduce confusion by consolidating Kate Spade and Coach under one name, and would give off a fresh brand image. The public did not respond well and Coach shares plummeted, leaving us to wonder why consumers are reacting so strongly towards a brand that was perceived as irrelevant.
Alexa can now recognize your voice. This capability allows Amazon’s voice-activated assistant to personalize user experience based on who’s speaking. From your music library, to your texts, to your online shopping cart, Alexa will pick up certain indicators of whose voice is speaking, and will tailor her response to that person. “Alexa… what else can you do?”
Microsoft and GE are partnering on a new wind project in Ireland, which makes Microsoft the first tech giant to support a project of this kind. This comes as the demand for Microsoft Cloud services in Ireland is on the ups, prompting Microsoft to search for clean and reliable ways to power its growing data centers in the country. Enter, renewable energy. In the project, Microsoft will buy 100% of the wind energy from its new wind farm in County Kerry, Ireland. It seems the company is embracing the Irish green.
A port city in India called Vizag is on its way to becoming a ‘less-cash’ city. Visa and the local government have agreed to digitize state-owned payments in the city, ranging from bus rides, to water tax payments, to street markets, to educational institutions. Not only is Vizag the first state in India to attempt a large-scale digitization of government services, but it marks Vizag’s first palpable move toward becoming the new Fintech Valley in India.
Goldman Sachs may have discovered a new way to avoid the next banking crisis. In a very small nutshell, the bank has developed derivatives that allow investors to manage high-risk exchanges and minimize their exposure to debt markets. Since the derivative could help evade another 2008-esque crisis, it’s not surprising to hear the intellectual property is in high demand.