Author: Scott Dylan
Scott Dylan is an accomplished entrepreneur, investor, and philanthropist, best known as the co-founder of Inc & Co and founder of NexaTech Ventures. With a focus on rescuing distressed businesses and supporting AI and tech startups, Scott’s expertise spans multiple sectors including technology, retail, and logistics. A passionate mental health advocate, drawing from his experience with Complex PTSD, Scott frequently writes about business transformation, AI integration, and leadership. Outside of work, he enjoys travelling, music, and spending time with his partner Gareth.
The digital landscape is rife with manipulated images, thanks to advanced AI tools making it difficult to trust what we see online. With the US presidential election nearing, misinformation spreads rapidly. A promising solution, the C2PA authentication standard, offers a way to verify the authenticity of digital content, yet its adoption remains disjointed.Endorsed by major digital players like Microsoft, Adobe, and Google, the C2PA standard could be the key to discerning real from fake images. Despite being technically sound, the rollout of this system is sluggish, leaving a gap in reliable content verification.Step one: the industry adopts a standardThe Coalition…
The latest NIQ data highlights contrasting trends among UK supermarkets with significant growth for some and sales declines for others.M&S and Ocado reported strong sales growth, with an increase of 10.7% and 14.3%, respectively, over the past 12 weeks.Conversely, Asda and Aldi experienced sales declines of 6.4% and 0.7%, underscoring challenges in the sector.A short heatwave and increased consumer shopping activity contributed to an overall 5.5% increase in UK supermarket till sales.Economic and seasonal factors, such as inflation concerns and the end of summer, continue to influence consumer behaviour.The latest NIQ data underscores a period of dynamic market activity within…
Sports Shoes, a top sportswear retailer, launches its first mobile app, enhancing customer experience.The app, created by One Iota, marks the brand’s first mobile ecommerce initiative.Aimed at personalisation, the app offers product recommendations and tailored content.Sports Shoes recently revamped its UK and international websites to improve online shopping.Despite being newly launched, the company saw significant turnover and customer growth last year.Sports Shoes, established by former footballer Bruce Bannister, announced the launch of its inaugural mobile ecommerce application, primarily developed to enrich customer experience by offering personalised shopping options. Created by the specialist provider One Iota, this application signifies Sports Shoes’s…
The Labour Party’s proposed union empowerment reforms have sparked significant concern among business leaders, who warn that such measures could jeopardize economic growth and deter investment in the UK.The Labour Party is reportedly developing proposals that would compel companies to recognise and negotiate with trade unions, even if only a minority of employees are union members. These measures could also grant unions a new “right to access” workplaces, enabling them to recruit and organise within businesses that currently have no union presence.Business groups are apprehensive about these proposals, fearing they could be “held to ransom” by small groups of activists.…
Disney’s decision to withdraw its arbitration claim marks a significant turn in the wrongful death lawsuit filed by Jeffrey Piccolo.The case involves the tragic death of Dr. Kanokporn Tangsuan after a severe allergic reaction at Disney World.The Incident and Initial Legal StanceThe wrongful death lawsuit was initiated by Jeffrey Piccolo in response to the untimely demise of his wife, Dr. Kanokporn Tangsuan, who succumbed to a severe allergic reaction at Disney World in 2023. Dr. Tangsuan’s death was traced back to an incident at Raglan Road, an Irish-themed pub in Disney Springs, operated independently yet situated within the Disney property.Initially,…
UK company insolvencies have exceeded levels seen during the financial crisis, driven by high interest rates and reduced consumer spending.In the year ending July, 25,551 UK businesses went insolvent, up 1.4% from the 25,186 insolvencies recorded in 2008-09.The rise in insolvencies is attributed to the sustained increase in borrowing costs since 2021.Retail and hospitality sectors are notably struggling due to the ongoing cost of living crisis.Despite economic growth, sectors remain under pressure as energy costs and consumer spending have yet to recover.According to the latest figures from the Insolvency Service, 25,551 companies went under in the year leading up to…
Loake Shoemakers is launching digital product passports across its entire range early.The initiative aligns with upcoming EU regulations planned for introduction over the next decade.Digital passports will provide insights into product origin, materials, and sustainability efforts.Loake aims to enhance transparency and customer experience with this new technology.Other brands like Esska, Tesco, and Mulberry are also adopting digital product passports.Loake Shoemakers has announced its proactive move to implement digital product passports across its complete product range. This strategic shift comes ahead of European Union regulations expected to shape industry compliance in the near future. By embedding these passports, Loake aims to…
Iceland’s innovative programme, Brands on Ice, introduces new and exclusive products to its stores, highlighting a shift towards broad market engagement.The programme was propelled by a significant £100,000 investment to invite both emerging and established brands to propose innovative product ideas.Despite initial plans for a single day, overwhelming interest extended the session across two days, showcasing a plethora of diverse products.Brands on Ice aims to support not only product diversity but also branding and promotion, setting itself apart from traditional retail strategies.Iceland’s initiative reflects a broader goal to redefine its market presence, expanding beyond its traditional frozen food reputation.Earlier this…
The spot price of gold has recently breached the $2,500 per ounce mark for the first time in history. This significant milestone is part of a 32% rally over the past twelve months, amidst growing expectations of a shift in US monetary policy.Analysts are now forecasting that gold prices could further increase, reaching as high as $2,600 an ounce by the end of 2024. These predictions hinge on the prospect of the Federal Reserve cutting interest rates, which could make gold more attractive compared to other asset classes.Historical Performance and Recent DevelopmentsGold has seen a remarkable increase of $613 per…
In a significant development, shares of Trump Media & Technology Group have plummeted to an unprecedented low on Nasdaq amid recent market volatility.Trump Media’s stock experienced a 3.5% drop during today’s trading session, adding to a month of significant declines.The company, known for its Truth Social platform, has seen a 36% reduction in share value over the past four weeks.Market analysts attribute the drop to disappointing quarterly earnings and former President Trump’s return to the rebranded Twitter platform, X.The recent political landscape, including the announcement of Kamala Harris as the Democratic presidential candidate, has further impacted the stock’s performance.The shares…
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