Search results for "IT"

Domino’s collaborates with Nuro on test launch of autonomous pizza delivery

Global pizza giant Domino’s and Nuro, a top self-driving delivery company, are launching a test autonomous pizza delivery vehicle in Houston, Texas, the companies announced on Monday. Beginning this week, select customers who place a pre-paid order through the Domino’s website on certain days and times from the Domino’s in Woodland Heights, located at 3209 Houston Ave., can […]

Mozilla, Nvidia team up with $1.5 mil investment into voice data project

Popular web browsing developer Mozilla announced on Monday a $1.5 million investment into their voice recognition project called ‘Common Voice’ from U.S. chipmaker Nvidia. Both tech companies consider that over the next decade, speech is expected to become the primary way people interact with devices — from laptops and phones to digital assistants and retail […]

Microsoft buying speech recognition firm Nuance in $16B deal

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. That’s a 23% premium to Nuance’s Friday […]

Recently launched LFX to focus on transforming supply chain sustainability

With the retail industry rapidly evolving based on advances in digital technologies and increasingly complex consumer demands, Li & Fung Limited, a leading, global supply chain orchestrator, has launched LFX, a new company, to capitalize on new digital opportunities to transform the retail industry and enabling supply chain sustainability. LFX’s business model is centered on […]

Tencent Cloud launches its first Internet data center in Indonesia

Tencent Cloud, the cloud division of Shenzhen-based tech giant Tencent, announced Sunday the launching of its first Internet Data Center (IDC) in Indonesia to meet the growing regional demand for cloud services. With the opening of its Jakarta center, Tencent Cloud adds to its global footprint with an infrastructure network that now spans across 27 […]

Facial recognition for payments to reach 1.4 billion users by 2025

Contactless payments have been one of FinTech’s most prized innovation, silently growing in popularity within all types of commerce and shopping, with the pandemic skyrocketing its adoption across the board. As such, facial recognition for payments is on track to become the new norm of payment methods as the number of users of software-based facial […]

Alibaba fined $2.8 billion on competition charge in China

Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan ($2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries. Party leaders worry about the dominance of China’s biggest internet companies, which are expanding into finance, health services and other sensitive areas. […]

Twitter held discussions for $4 Billion takeover of Clubhouse

Twitter might be interested in buying Clubhouse, according to Bloomberg, adding that “The social media platform held talks in recent months to buy Clubhouse, the buzzy, audio-based, social network, for $4 billion.” The talks between the two social media platforms have reportedly stopped, and it is unclear why. It is also unclear whether Twitter or […]

UK Deliveroo riders strike over pay, gig work conditions

Riders for the app-based meal delivery platform Deliveroo held a strike in London Wednesday over pay and working conditions, part of a broader backlash against one of the U.K.’s biggest gig economy companies. Scooter and bicycle delivery riders waving flags and red smoke flares rode through the streets of Central London. Socially distanced protests were […]

UK launches new tech watchdog to boost competition against Big Tech

The UK government launched on Wednesday a new tech watchdog that will help make sure tech giants, such as Facebook and Google, cannot exploit their market dominance to crowd out competition and stifle innovation. The Digital Markets Unit (DMU), based in the Competition and Markets Authority (CMA), will oversee plans to give consumers more choice […]