By Lucas Shaw About three years ago, Reed Hastings set out to answer a question that had bedeviled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world? Hastings, the co-founder and chief executive officer of Netflix, was never fond of revisiting his past. “There’s […]
Archives for September 2020
Virgin Galactic plans next test spaceflight for Oct. 22 as it nears flying founder Richard Branson
Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Virgin Galactic plans to conducts its next crewed spaceflight test on Oct. 22, according to documents the company filed with the Federal Communications Commission on Tuesday. The flight will be the first of two that the space tourism company has planned to complete […]
How the coronavirus pandemic helped convince grocery chains to experiment with new tech
Getty Images Grocery chain Giant Eagle turned one of its stores into a checkout-less shopping experience. A handful of Price Chopper stores in Missouri are offering shoppers access to an app that can scan items and tally up their order, allowing them to skip the checkout line. Wegmans piloted a self-checkout app at three stores prior […]
Tesla falls after S&P 500 adds Etsy and two others, bypassing carmaker
SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, March 2, 2019. Mike Blake | Reuters Shares of Tesla dropped more […]
Ericsson powers multi-campus network with 5G Distributed Innovation Network
The comm company adds its North Texas campuses and demonstrates an end-to-end 5G ecosystem in an enterprise environment, and showcases edge computing’s capabilities. Image: Getty Images/iStockphoto Ericsson continues its foray into investments in 5G research and development. Its customers and partners now have access to its latest tech, a 5G edge computing environment, and will […]
Netflix, Amazon Prime Video and 13 others adopt self-regulation code: IAMAI
Online content providers including Netflix, Amazon Prime Video, Disney Hotstar and 12 others have adopted the ‘Universal Self-Regulation Code for OCCPs’, under which the players will set up structured grievance redressal and escalation mechanism for users, internet industry body IAMAI on Friday said. Internet and Mobile Association of India (IAMAI), in a statement, said the […]
WeWork India raises $100 million from WeWork Global
US-based office space provider WeWork Global has bought 20% stake in WeWork India, a fully-owned subsidiary of Bengaluru-based estate developer Embassy Group, for $100 million as the company looks to scale up India operations over the next 36 months. Embassy Group had 100% rights over WeWork India, which is an independent entity with the right […]
Labor Day weekend will set the course for the coronavirus this fall: ‘We may have some hard days ahead’
Hoteliers and prospective visitors hope Fort Lauderdale’s all-important beach, the local tourist industry’s most valuable asset, will be open for the Labor Day weekend. Thus far, officials say, it will be. Amy Beth Bennett| Sun Sentinel | Tribune News Service via Getty Images The United States is headed for a new phase of the coronavirus […]
Oyo rolls out voluntary separation programme
Gaurav Ajmera, global head of revenue management, and Burhanuddin Pithawala, global head of marketing and growth at Oyo Hotels & Homes have quit the company. Oyo announced changes in its marketing and revenue vertical in an internal note to employees on Friday. In a separate blog post, the company stated employees on its leave with […]
Painful Lessons of the Pandemic Can Lead to Future Strengths
Here are some key considerations for IT leaders and teams as they seek investment and buy-in to implement solutions that will support their organizations now and in the future. In the rush to reimagine workplaces after the onset of COVID-19, the IT team was perhaps the busiest and most sought-after employee group in any organization. […]