FRAMED* is a picture frame designed for digital artwork. Slick luxury product design, innovative software, and an interesting business-model opportunity. Very impressive!

The Revive smartphone is a great concept phone. I like that they're innovating at all levels: interface, materials, assembly and even business model:

The concept also includes a membership system that rewards users for keeping their phones longer.

Make sure to watch the video at the bottom, it's cute. (originally via Anil Dash)