Wal-Mart acquisition of Mexican Cornershop for $225 million to spur app-based food delivery services

The strategic acquisition has multiple sweet spots: not only it places Wal-Mart on a better footing in its competition with its peer – Amazon.com Inc, it will also provide Wal-Mart crucial learning experience which it can use in other markets. In a move that will enable Walmart Inc to increase its footprint in Chile and…

App controlled smart elevators set to be the new norm in the near future

By thinking out of the box, elevator manufacturers have given a more modern twist to elevator technology. Elevator constructors are thinking out of the box and not just vertically. While ThyssenKrupp’s new $43 million elevator test tower soars 246 meters (808 ft) the company’s lifts chief has made major inroads in magnetic levitation technology. Andreas…