The move is likely to impact the revenues of brick-and-mortar supermarket stores. Bloomberg has reported citing 3 sources familiar with the matter at hand as saying, Amazon.com Inc is mulling a plan to open as many as three thousand Amazon Go cashierless stores in the country in the coming years. With the news reaching the…
While startups, across the globe, have raised millions of dollars online through ICOs, often with little more than a handful of employees, given the high risks faced by investors from such ventures, regulators are increasingly putting ICOs under the scanner. On Thursday, the Australian Securities & Investments Commission (ASIC), Australia’s corporate watchdog, stated it was…
The report by NY Attorney General’s office is based on a study of several online platforms where virtual currencies, including bitcoins, are regularly traded. According to a report published by the New York Attorney General’s office, cryptocurrency exchanges are typically plagued by poor market surveillance, lack sufficient customer protections, and have pervasive conflicts of interest.…
During the launch Microsoft has cited real world usage of how its augmented-reality goggles made business sense as it reduced travel time and allowed physical inspection across two different geographical location on two different continents. Two years after its launch, Microsoft Corp capitalized on its HoloLens technology and has introduced its augmented-reality goggles for its…
Details of the deal, which is huge given that traditional carmakers have so far been hesitant to hand over the data from their infotainment systems to rivals given the potential streams that can be generated from there, have not been made public. On Tuesday, in what is likely to be a huge boost to Google’s…
Ola is steadily expanding its footprint in overseas markets. Earlier this year, it had forayed into the UK and the Australian ride-hailing markets. On Tuesday, Indian ride-hailing platform Ola said it plans on expanding its operations to New Zealand. The move underscores its latest push overseas as it ups its rivalry with its peer, Uber…
In a warning to investors, China’s central bank – Shanghai Head Office – has warned investors not to invest blindly in virtual currencies and ICOs. On Tuesday, in a disclosure aimed at increasing risk awareness among investors, China’s central bank Shanghai Head Office warned investors that initial coin offerings (ICOs) and virtual currency investment carry…
IKEA Group to aims to provide all of its deliveries vide EV or zero emission vehicles by 2025. On Friday, IKEA Group, the owner of most IKEA stores worldwide, stated, all of its home deliveries in the inner cities of Paris, Amsterdam, New York, Los Angeles, and Shanghai would be made by electric vehicles or…
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…
The latest update of its product line is more in the nature of a transitional update rather than transformational one. In an attempt aimed at getting more consumers to upgrade to its latest and more expensive products, Apple has unveiled its biggest iPhone to day; it has also launch a watch that detects heart problems.…
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