Toggle light / dark theme

UBTech’s consumer shift comes as it faces financial strain. The company lost over 1.1 billion yuan ($153 million) last year. Its stock has fallen 45% over the past 12 months in Hong Kong.

Still, Tam welcomes the pressure. “White-hot competition creates a lot of pressure on a single company, but for the whole industry, it helps preserve good companies and eliminate bad ones,” he told Bloomberg.

As humanoid robots inch closer to everyday life, UBTech’s shift to the home market marks a high-stakes bet.

What If Math uses a relatively new concept to enhance the way math is taught so that kids are given more relevant skills for today’s digital world.

The company says that the way math — and algebra specifically — is taught today is based on a concept developed by Leonardo of Pisa in 1202 as a way to help traders. This, it says, is now redundant thanks to all the digital tools that use spreadsheets to do that part of mathematical working.

“The new model can account for both structure formation and stability, and the key observational properties of the expansion of the universe at large, by enlisting density singularities in time that uniformly affect all space to replace conventional dark matter and dark energy,” research author Richard Lieu, a physics professor at The University of Alabama in Huntsville, said in a statement.

The dark universe is poses such a huge conundrum for scientists because it suggests that only 5% of the matter and energy in the cosmos comprises what we see around us on a day-to-day basis in stars, planets, moons, our bodies — and everything else, really.

In other words, we have no idea what the other 95% of the cosmos is.