Senior Facebook employees used Twitter over the weekend to express their dismay at Chief Executive Officer Mark Zuckerberg’s decision not to take action on incendiary comments posted to the social network by U.S. President Donald Trump. After the president tweeted a message with the words “when the looting starts, the shooting starts” in response to […]
Archives for June 2020
Flipkart to re-apply for food retail license in India
Walmart‘s Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week. India’s Department for Promotion of Industry and Internal Trade (DPIIT) last week rejected the e-tailer’s proposal to sell food products through online and mobile […]
Trump considering a move to invoke Insurrection Act
U.S. President Donald Trump makes an announcement about U.S. trade relations with China and Hong Kong in the Rose Garden of the White House in Washington, May 29, 2020. Jonathan Ernst | Reuters President Donald Trump is considering invoking a 213-year-old federal law that would allow him to deploy active-duty U.S. troops to respond to […]
Visa sees recovery in U.S. payments volume in May
(Reuters) – Visa Inc’s (V.N) total U.S. payments volume fell at a much slower pace in May from the previous month, indicating that consumer spending was picking up as the government starts to ease coronavirus-induced lockdowns. U.S. payments volume in May dropped to 5%, compared with an 18% fall in April. Quarter-to-date, Visa posted an […]
How robots are reinventing food service
Will robots take over kitchens in the future? Not likely. But one company is making food service easier, faster, and safer. <a href="https://tr3.cbsistatic.com/hub/i/r/2020/06/01/f2c8a7ce-7653-4771-a928-3ee8e2d8b347/resize/770x/47883536eb2e469be6234247629c6788/flippy-grilling1.jpg" target="_blank" data-component="modalEnlargeImage" data-headline=" Flippy the burger-flipping robot works the grill in a test kitchen. ” data-credit=”Image: Miso Robotocs” rel=”noopener noreferrer nofollow”> Flippy the burger-flipping robot works the grill in a test kitchen. […]
How robots are reinventing food service
Will robots take over kitchens in the future? Not likely. But one company is making food service easier, faster, and safer. <a href="https://tr3.cbsistatic.com/hub/i/r/2020/06/01/f2c8a7ce-7653-4771-a928-3ee8e2d8b347/resize/770x/47883536eb2e469be6234247629c6788/flippy-grilling1.jpg" target="_blank" data-component="modalEnlargeImage" data-headline=" Flippy the burger-flipping robot works the grill in a test kitchen. ” data-credit=”Image: Miso Robotocs” rel=”noopener noreferrer nofollow”> Flippy the burger-flipping robot works the grill in a test kitchen. […]
Munich Re Ventures in talks to lead $60-70M funding in Acko
Illustration: Rahul Awasthi Munich Re Ventures, the strategic corporate venture capital arm of Munich Reinsurance, is in the final stages of leading a $60-70 million financing round in Acko Technology, people in the know said. The funding is expected to value Acko at around $400-$500 million, these people said on the condition of anonymity. Other […]
Non-metro users in with bigger baskets at online grocery firms
Illustration: Rahul Awasthi Consumers in smaller cities and towns are increasingly using online grocery delivery services and are shopping for higher-value basket sizes compared to the top seven cities, at least six companies in the sector told ET. A fear of the Covid-19 pandemic as well as closure of many physical stores, coupled with non-availability […]
Consumers in smaller cities and towns are now increasingly shopping groceries online
Illustration: Rahul Awasthi Consumers in smaller cities and towns are increasingly using online grocery delivery services and are shopping for higher-value basket sizes compared to the top seven cities, at least six companies in the sector told ET. A fear of the Covid-19 pandemic as well as closure of many physical stores, coupled with non-availability […]
Why the COVID-19 pandemic is forcing the global supply chain to digitize
IoT sensors are changing the way goods are shipped and tracked. More about artificial intelligence TechRepublic’s Karen Roby and Glenn Jones of Blume Global discussed how the COVID-19 pandemic has changed the global supply chain. The following is an edited transcript of their conversation. SEE: Coronavirus: Critical IT policies and tools every business needs (TechRepublic […]