Search results for "ai technology"

Amazon begins rollout of pay-by-palm at Whole Foods near HQ

Amazon is rolling out pay-by-palm technology at some Whole Foods grocery stores near its headquarters to make paying quicker and more convenient. The technology, called Amazon One, lets shoppers scan the palm of their hand and connect it to a credit card or Amazon account. After the initial set up, which Amazon says takes less […]

US takes steps to protect electric system from cyberattacks

The Biden administration is taking steps to protect the country’s electricity system from cyberattacks through a new 100-day initiative combining federal government agencies and private industry. The initiative, announced Tuesday by the Energy Department, encourages owners and operators of power plants and electric utilities to improve their capabilities for identifying cyber threats to their networks. […]

Suspected Chinese hackers spied on US, European targets

Suspected state-backed Chinese hackers exploited widely used networking devices to spy for months on dozens of high-value government, defense industry and financial sector targets in the U.S. and Europe, according to FireEye, a prominent cybersecurity firm. FireEye said Tuesday that it believes two hacking groups linked to China broke into several targets through Pulse Connect […]

Asian shares slide after tech, bank sell-off on Wall Street

Shares skidded in Asia on Wednesday after Wall Street closed lower for a second straight day, led by drops in technology companies and banks. Worsening coronavirus outbreaks in Asia have cast a shadow over prospects for a rebound from the pandemic. Tokyo’s Nikkei 225 fell more than 2% and other benchmarks also declined. On Tuesday, […]

Scrutiny of Tesla crash a sign that regulation may be coming

The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks. The National Highway Traffic Safety Administration and the National Transportation Safety board said Monday they would send teams to investigate […]

'Britcoin' digital currency being considered by UK

British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak touted as “Britcoin.” The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on the decline, […]

Volvo Cars, DiDi team up for self-driving cars test fleet

Swedish automaker Volvo Cars has signed a strategic collaboration agreement with DiDi Autonomous Driving, the self-driving technology arm of popular ride hailing app DiDi Chuxing to test their self-driving cars test fleet, both companies announced on Monday. According to a joint statement, Volvo Cars will provide DiDi with XC90 cars equipped with necessary backup systems […]

Domestic mobile money transfer values to grow to $3.4 trillion by 2025

Online migration has been at the center of the worldwide news cycle since the COVID-19 outbreak, with companies and institutions from almost every walk of life taking their business to the digital realm. The societal impact of technology’s rapid acceleration caused by the pandemic will raise and answer many questions regarding how humans will choose […]

Founder of Adobe and developer of PDFs dies at age 81

Charles “Chuck” Geschke — the co-founder of the major software company Adobe Inc. who helped develop Portable Document Format technology, or PDFs — died at age 81. Geschke, who lived in the San Francisco Bay Area suburb of Los Altos, died Friday, the company said. “This is a huge loss for the entire Adobe community […]

Australian judge rules Google misled Android users on data

Google broke Australian law by misleading users about personal location data collected through Android mobile devices, a judge found Friday. The Federal Court decision was a partial win for the Australian Competition and Consumer Commission, the nation’s fair trade watchdog, which has been prosecuting Google for broader alleged breaches of consumer law since October 2019. […]