The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
Tags: Technology
Costco Uses Competitor-Inspired Technology to Make Stores Faster and More Efficient
Costco is using new technology and smarter store layouts to make shopping faster and more efficient for members.
Walmart Customers Report Being Overcharged at Self-Checkout Machines
Walmart revealed that its self-checkout machines have overcharged its customers with an average of 1.88% of all the total amount of items, with around 80% of those affected already being reimbursed.
Is Indonesia Technologically Advanced? Apple and Microsoft's Visits Say So
Recent visits by tech giants like Apple and Microsoft signal Indonesia as a prime destination for significant tech investments fueled by its growing digital economy and abundant natural resources.
Google Faces Legal Heat: Black Deaf Employee Alleges Discrimination
A black deaf employee at Google, filed a legal complaint alleging discrimination based on her disability and race. Despite Google's praise for inclusivity, she claims the company failed to provide accommodations and sign-language interpreters.
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Google CEO Sundar Pichai has publicly criticized the Gemini AI chatbot for creating 'woke' historical figures, stating that efforts are underway to address the "completely unacceptable" issue.
Kentucky Fried Chicken, in partnership with Baidu which is considered China's Google, started creating a tech-infused smart restaurant. Its ordering kiosks, powered with facial recognition technology, scans the face of the customers and examine information like age, gender and mood in order to come up with a meal recommendation.
German politician Thomas Opperman has threatened to fine Facebook up to €500,000 for every fake news on the platform. This came after Mark Zuckerberg announced the company's plans of building a more informed community, providing changes such as a simple way to flag articles that users think could be fake.
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
President-elect Donald Trump met with SoftBank CEO Masayoshi Son on Tuesday. The telecom mogul confirmed his plan to invest $50 billion in the U.S., with the aim of creating 50,000 jobs.
For the Monday sectors line-up, technology and communications, utilities rose as the most patronized.
The University of Michigan is now in partner with some Chinese Institutions for some projects and research.
Just recently, Samsung has announced its plan to purchase the US based Harman International Industries, Inc. through an all-cash deal worth $8 billion.
Aiming to sustain its industrial software business and respond to the pace considering the developments in the manufacturing technology, Siemens, one of the largest German engineering company, will enter into a deal to buy Mentor Graphics (MENT.O) for $4.5 billion.
