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Amazon Opens First Futuristic Convenience Store

Amazon’s first futuristic convenience store opens, where there is no checkout counter and no checkout line, just a few turnstiles like those on the underground. Shoppers are tracked by hundreds of cameras on the ceiling and a computer algorithm that analyses their every gesture, and then tallies up their receipt when they exit. (FT)

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Softbank Urges Uber To Focus On Recovering Market Share In US And European Markets.

Uber’s largest shareholder has called for the ride-hailing company to focus on recovering market share in the US and growing in European markets. Rajeev Misra, a board director of Japanese technology conglomerate SoftBank — which becomes Uber’s biggest shareholder on Friday — told the Financial Times that the transportation group had a faster path to […]

Amazon Opens First Futuristic Convenience Store

Gopro Shares Slump As CEO Nicholas Woodman Slashes Pay To $US1

In a sign of troubled times ahead, camera maker GoPro has decided to cut 20 per cent of its global workforce. GoPro is planning to re-structure through a US$80 million cost-cutting program, which will see least 255 employees lose their jobs to achieve a headcount of “fewer than 1,000 employees worldwide”. The company will also […]

Amazon Opens First Futuristic Convenience Store

Carillion, UK’s Second-Largest Construction Company Collapses Into Receivership.

The UK’s second-largest construction company has collapsed into receivership. Carillion’s position is particularly sensitive for the UK government. The company employs 43,000 people — including nearly 20,000 in the UK — and holds many government contracts, from building hospitals to managing schools. British ministers are facing tough questions about why they awarded Carillion $2bn worth […]

Amazon Opens First Futuristic Convenience Store

Zuckerberg Announces Sweeping Changes To Facebook Platform

Facebook’s Chief executive Mark Zuckerberg has announced sweeping changes to the platform, pledging to help users have more meaningful social interactions by prioritizing posts from friends and family. But the changes come at the expense of those from publishers as Mr. Zuckerberg said users would see less public content like posts from businesses, brands and […]

Amazon Opens First Futuristic Convenience Store

Kodak Uses Blockchain To Create Kodakone Platform For Digital Photography With Own Digital Currency Kodakcoin

Shares in Eastman Kodak Co, the photography company that has struggled to keep pace with changing technology, surged after the 129-year-old group announced it was launching a blockchain business. Kodak said it has used blockchain, the technology underpinning popular digital currencies such as bitcoin, to create a new platform called KodakOne for digital photography with […]

Amazon Opens First Futuristic Convenience Store

Software Patches Will Slow Down Machines – Krzanich

Intel Corp. Chief Executive Officer Brian Krzanich has indicated that software patches put in place to protect computers against a recently uncovered chip vulnerability will slow down machines, but have so far headed off any illicit efforts to obtain data, Speaking at the CES consumer electronics conference in Las Vegas on Monday, Krzanich said that […]

Amazon Opens First Futuristic Convenience Store

All Mac Computers And ios Devices Affected By Chip Security Flaws

Apple Inc. has revealed that all Mac computers and iOS devices, like iPhones and iPads, are affected by chip security flaws unearthed last week, but the company stressed there are no known exploits impacting users. The company said recent software updates for iPads, iPhones, iPod touches, Mac desktops and laptops, and the Apple TV set-top-box […]

Amazon Opens First Futuristic Convenience Store

Smart Speakers Hitting Peak Volume

The explosion in smart speaker sales will peak as soon as next year as the market becomes saturated, according to the organisers of CES 2018, the Consumer Electronics Show in Las Vegas. Amazon Alexa-powered headphones, mirrors, showers, light switches and even smoke alarms are being featured at the show. In the automotive section, a Chinese […]

Amazon Opens First Futuristic Convenience Store