A Black man who was wrongfully arrested when facial recognition technology mistakenly identified him as a suspected shoplifter wants Detroit police to apologize — and to end their use of the controversial technology. The complaint by Robert Williams is a rare challenge from someone who not only experienced an erroneous face recognition hit, but was […]
Technology
NEW YORK (AP) — Amazon said Tuesday that its carbon footprint rose 15% last year, even as it launched initiatives to reduce its harm on the environment. The online shopping giant said activities tied to its businesses emitted 51.17 million metric tons of carbon dioxide last year, the equivalent of 13 coal burning power plants […]
The global mobile money market is expected to witness a CAGR of 21.4% during the forecast period of 2020 to 2030, according to a new research report released by FMI. Quick turn made by some of high potential economies with limited digital financial inclusion among masses to digitize payments has been a key enabler for mobile money. […]
Internet of things (IoT) refers to billions of devices that are connected to the internet. These devices have the ability to transfer data without human-to-human or human-to-computer interactions. According to Bain & Company, the combined markets of the Internet of Things will grow to about $520 billion in 2021. This technology has now infiltrated into […]
BERLIN (AP) — German payment service provider Wirecard said Monday it has concluded that two accounts that were supposed to contain 1.9 billion euros ($2.1 billion) probably don’t exist, deepening troubles that last week prompted the resignation of its chief executive. Wirecard AG was once regarded as a star of the growing financial technology sector, […]
On June 20, 2020, Phoenix Tower International– a wireless infrastructure provider that manages a portfolio of over 9,000 towers across the world, along with 80,000 other telecoms sites across 14 countries- has offered to buy El Towers for $615 million (550 million euros) according to Reuters. The largest private US-based wireless infrastructure group has entered […]
Whether its baking cakes, finding a new career or setting up your own studio at home, ‘Keen’ lets you curate the content you love, share your collection with others and find new content based on what you have saved according to a blog post published by the platform founder CJ Adams on June 19, 2020. […]
Live streaming has enjoyed the post-lockdown congratulatory phase where the industry relished in the glow of public approval for the way it has steered itself through the pandemic without missing a beat (almost). However, if this was in any way deserved, then we should also assume responsibility for a less sweet side effect. Live streaming […]
US President Donald Trump’s War with Twitter has engendered a series of legal moves against social media platforms. In fact, not only is Trump wanting to drop immunity for the online platform but also US lawmakers. The Department of Justice and Trump administration have been urging Congress to limit legal protection enjoyed by these platforms […]
By ZEN SOO Associated Press HONG KONG (AP) — JD.com’s annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of transactions, as consumers splurged during China’s first major e-commerce sale since the pandemic began. This year’s tally was 33% higher than last year’s 201.5 billion yuan in sales. […]