A simple wave of the hand can now be used for making payment, according to an announcement by Amazon about its new payment system targeted for real-world shops. The new payment system is called Amazon One and it uses a scanner that cans and registers an image of the user’s palm. That is used later…
Tesco, the largest retailer of the United Kingdom, wants to be able to sell at least four time more meat alternative protein by 2025 as it does now with a growth in demand for vegan products, the company said. As a part of a sustainability drive, a 300 per cent growth in sales compared with…
The death toll from the novel coronavirus pandemic crossed the one million mark on Tuesday which the World Health Organization (WHO) said was a “a very sad milestone”. The United Nations body said on Tuesday that the victims off Covi-19, the disease caused by the virus, suffered “a terribly difficult and lonely death” and their…
With Chinese tech companies increasingly coming under heightened scrutiny in the United States, the Chinese online media firm Sina Corp. has decided to exit Wall Street after being listed there for 20 years. Sina said in a statement that in a deal that values the company at $2.6 billion, the company, which is head quartered…
The decision of China’s Ping An Asset Management of increasing its stake in struggling British lender HSBC has provided a much-needed vote of confidence. The Chinese investor is the largest one of the bank. This came at a time when the bank was caught in the cross hairs of rising diplomatic tensions between the United…
The impact of the novel coronavirus pandemic surpassed the grim milestone of a total death toll of a million on Tuesday, according to official data, as the pandemic that first emerged in China at the end of last year, had devastated the global economy, has completely strained the health systems and changed the way people…
A non-profit group that has drawn up plans for advocating legal and regulatory action to challenge the practices for its App Store by Apple was joined by a number of critics of the iPhone maker which includes companies like Spotify Technology, Match Group Inc and “Fortnite” creator Epic Games. A commission of between 15 per…
A host of security products were announced by Amazon on Thursday which included a a drone that will be use for recording security video inside homes and a number of products for cars that can alert their owners about any attempts to break in and steal cars. This new announcement shows the push by Amazon…
Following a merger with Switchback Energy Acquisition Corp, one of the oldest and largest electric vehicle charging networks of the world – ChargePoint Inc, will float an initial public offering, the company said on Thursday. The merger values the charging company at $2.4 billion. The company expects that the merger deal will be closed by…
United States based industrial giant General Electric has decided to exit the market of constructing coal-fired power plants and focus more on greener projects. This move is being seen as a dramatic reversal in the policy of one of the largest makers of coal based power plants in the world. With the company prioritizing its…
