For the last decade, the largest technology companies have increasingly looked outside of tech to grow their operations. From automotive to retail to groceries, these companies use massive competitive advantages in the form of data, consumer relationships and software engineers to fundamentally change markets. (read more)
By teaching AI the behavioral attributes of a shoplifter, Japan’s telecom giant NTT East and tech company Earth Eyes have created AI Guardman, a smart security camera that can catch thieves in the act. (read more)
Facebook has announced that it will no longer pursue its dream of building a gigantic, solar-powered plane to blast internet to underserved communities via laser. Surprisingly, it’s just not practical.
In a news post on the company’s coding sub-site, Facebook’s Yael Maguire announced that “we’ve decided not to design or build our own aircraft any longer, and to close our facility in Bridgewater.” Closing the facility comes with the loss of 16 jobs specific to the development and maintenance of the aircraft, the company confirmed to TechCrunch, though plenty relating to other aspects of the project were unaffected. (read more)
Amazon.com Inc. has long used robots to help humans move merchandise around its warehouses. Now automation is transforming Amazon’s white-collar workforce, too. The people who command six-figure salaries to negotiate multimillion-dollar deals with major brands are being replaced by software that predicts what shoppers want and how much to charge for it. (read more)
Restaurant food delivery startup Deliveroo is taking the next logical step to expand its business by opening up to restaurants that have their own delivery fleets — thereby also expanding the food choices it can offer its couch-loving users. (read more)
Amazon has a way of making shopping for necessities easy, but that doesn’t mean you should blindly click away without carefully checking the total before hitting that Place Your Order button. (read more)