Amazon

Amazon Launches into P2P Payment Warzone with Awesome Paybacks
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Amazon launched its own payment system in India recently. The company is now a full-fledged competitor in a payments app battlefield. It recently announced bank-to-bank transfers as well as person-to-person payments as well. The company also enables consumers to recharge their mobile phones, pay electricity bills, and of course shop online. Using AmazonPay, customers get a 120 rupees cashback, a perk induced to outshine GooglePay and Paytm. These two competitors

Amazon Admits Defeat in Chinese Local Marketplace
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In a rare occurrence, Amazon, the e-commerce giant, announced closure of its local marketplace in China. This July onwards, the company plans to shift its focus to overseas products rather than local goods. However, other affiliated businesses like Kindle, Amazon Web Services, and cross border operations will continue. As a result, customers logging in to Amazon.cn will see products from the global store only, and no third part sellers. This

Alibaba Explores Augmented Reality
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Earlier this week, Alibaba announced the acquisition of Infinity, an Israel-based augmented reality startup. The details of the deal are unavailable. Alibaba worked closely with Infinity in various areas including artificial intelligence, augmented reality, and computer vision since 2016. So, this acquisition marks a little change in their synergy. However, it signals Alibaba’s desire to capture the often elusive frontier of innovation. In 2013, Alibaba invested in Magic Leap and

Self-Driving Cars Experience Trouble With Darker Skin
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AI is not new to human-like troubles. Recently, Microsoft, IBM, and Amazon’s facial recognition technology was in news due to its bias against people with darker skin tones. The self-driving cars have met with a similar fate. Georgia Tech scientists have analyzed a mass footage, in which self-driving cars had trouble detecting people with darker skin tones. Georgia Tech researchers analyzed videos from Berkekely, New York, San Jose, and San

Smart Home
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Buying smart home gadgets and setting up those products is not at all challenging in this technological era. There are ample of smart home gadgets available in e-commerce sites which are a few clicks away to own. However, the giant retailers are going through difficulties in selling those smart home gadgets individually. Thus, Amazon stepped forward to cater this problem through their vertically integrated offering. Nowadays, exposing a smart home

drone
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In yet another breakthrough development in the robotic space, Amazon debuts its self-driven delivery device Scout. Size-wise, Scout is akin to a small cooler and rolls along sidewalks, thus completing safe delivery of packages to customers’ doorsteps. At present, the device is operating in Snohomish County in Washington State. The robot is the newest from Amazon in its expanding logistics business. Adorable it is, and the cutest last-mile solution from

Amazon to Hold 29% Stake in Robotic Firm Balyo
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Amazon has recently announced its plans of investing in Balyo, the French robotic firm. Balyo is into developing navigation technology for self-driving forklift trucks. In the next seven years, Amazon plans to gather 29% stake in Balyo via free stock warrants. As per the deal, Amazon would be able to use the warrants based on orders it places with Balyo. If Amazon orders US$300 mn of Balyo’s products in the

Alexa
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Amazon has never held back from going an extra mile in promoting its products and offerings. This was more than apparent after Amazon launched its voice assistant ‘Alexa.’ And now the company has taken yet another step in popularising ‘Alexa’ by partnering with Telenav. The latter is a renowned vendor in the domain of location-based and connected-car services. As per the deal, Telenav will incorporate ‘Alexa’ voice assistants in its

Amazon
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Global technology giants Amazon and Oracle are still continuing to fight over pentagon building advanced cloud-computing technology. Big techno giants like Microsoft, Oracle, IBM, and Amazon submitted their bids in order to win this contract. This technology implants in their operations and the decision of the government is to be in favor of Amazon. The protracted battle of court, how Pentagon should create their advanced cloud computing technology in their

Amazon Go, Changing Perspective of Future Shopping
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The future of shopping has already arrived at our doorstep with the advent of New Year’s Eve. Amazon, the multinational technological company is soon to introduce the mall that has it all. Starting from holograms to greet us at the entrance, there are robots roaming about in aisles for helping customers. Besides, this Amazon shop has a separate window for tapping to buy things while the shop remains close. Robots