Amazon has 5 logistics centers in France. It now plans on opening a 142,000-square-foot delivery warehouse later this year. The ramping up of investments in its infrastructure and services in the country along with the settling of long-running taxes with French tax authorities, are a pointer to the strategic role France is to play in…
Although 5G services will have faster throughputs, it will nevertheless cost billions of euros for each national market compared with a few million for Sigfox’s IoT networks. The smart thing would be to mix and match to get the best mileage out of both technologies. SigFox, a French start-up which builds networks to make everyday…
Six giant server farms where each one is bigger than ten football fields is among the best chances that Walmart has at challenging Amazon.com. Walmart had expended millions of dollars and expended resources for five years to construct these facilities and the company has begun to reap the benefits from them. in the last three…
While cash has always been King, card payments have dethroned it now signalling the creeping end of privacy rights and freedom. In a historic development, an analysis from Bundesbank study shows that the majority of Germans prefer card payments instead of cash. The supremacy of cash in Germany which ensured privacy and freedom of its…
The giant artificial intelligence systems at Google are powered by special computer chip developed by the technicians of the company a few years ago. the chip is able to take care of large and complex processes deemed to be the key for the future of artificial intelligence. While that was a closed thing for Google…
Injong Rhee played a significant role in Samsung’s Knox security system, Samsung Pay mobile wallet and its Bixby digital assistant. Injong Rhee, the former chief technology officer at Samsung Electronics Co has resigned from his job and has been hired by Alphabet Inc’s Google to head its Internet of Things (IoT) business. Google spokeswoman, Jane…
Lindsay-Rae McIntyre has been barred from joining Microsoft, pending a court review of the lawsuit. On Tuesday, International Business Machines (IBM) Corp sued Lindsay-Rae McIntyre, a former executive alleging violations of its 1-year non-competitive agreement. Over the weekend McIntyre was named by Microsoft Corp as its new chief diversity officer. According to documents that were…
The global energy sector is not able to achieve its targets for tackling of climate change because of the shortage of women employed in energy companies, according to the warnings of a leading industry watcher. The notion that the energy industry is not very open to new ideas especially the ones that could lead to…
The projects it plans on funding will focus on building 5G solutions, smart manufacturing platforms and cloud computing services. On Monday, Foxconn, the world’s largest contract manufacturer of electronics, stated it plans on using the proceeds of one of its subsidiaries, which got listed in Shanghai, to fund 8 projects totaling to $4 billion (27.3…
Allegations against Uber that it had stolen trade secrets of the self-driving firm Waymo have bene settled. Stake worth approximately $245m (£177m) or 0.34 per cent in Uber is being given to Waymo under the agreement. Even though Uber had maintained it never made use of Waymo’s technologies, the agreement also saw Uber pledging never…
