Mukesh Ambani, Asia’s richest man, is set to take on Amazon's Jeff Bezos in India as the billionaire magnate launches his own rival e-commerce venture in the world's second most populous country. Reliance Industries, the Mumbai-headquartered conglomerate owned by Mr Ambani, is drawing up plans to roll out its online shopping services to 1.2m retail businesses in western India as competition to grab a share of India’s fast-developing e-commerce industry intensifies. Mr Ambani, who controls a $43 billion fortune in petrochemicals, energy, telecoms and textiles, is planning a push into the e-commerce space by adopting new technologies such as augmented reality to create an “immersive shopping experience” and compete with the likes of Amazon and homegrown competitor Flipkart. The e-commerce plans from the businessman will involve the combination of his mobile network operator Jio, which has 280m subscribers, with his … [Read more...] about Asia’s richest man to take on Amazon boss Jeff Bezos in India’s booming e-commerce sector
Retailers boss revolution
News Sports Business Real Estate 73° Full Menu 73° Home eEdition Customer Service Site Information Contact Us About Us Herald Store RSS Feeds Special Sections Advertise Advertise with Us Media Kit Mobile Mobile Apps & eReaders Newsletters Social Facebook Twitter Google+ Instagram YouTube News Sections News South Florida Miami-Dade Broward Florida Keys Florida Politics Weird News Weather National & World National World Americas Cuba Guantánamo Haiti Venezuela Local Issues Crime Education Environment Health Care In Depth Issues & Ideas Traffic Sports Sections Sports Blogs & Columnists Pro & College Miami Dolphins Miami Heat Miami Marlins Florida Panthers College Sports University of Miami Florida International University of Florida Florida State University More Sports High School Sports Auto Racing Fighting Golf Horse Racing Outdoors Soccer Tennis Youth Sports Other Sports … [Read more...] about Telemundo’s new headquarters embraces the future. It may transform this area, too
Trailblazing tech companies from Ericsson to Spotify and Skype have already rocketed out of this ice-covered country to become global powerhouses that have helped redefine the very way we listen to music and communicate with each other. According to Creandum, one of the most-active venture capitalists in the region, Nordic tech exits have generated EUR2.6bn (USD3.3bn) on average per year over the past five years. And more than half of it's coming from Sweden, a country with less than 10 million people. Here, we take a look at 10 of the most significant recently-funded tech companies to emerge from this Nordic hotbed of entrepreneurs and ask them what it is about this region that's producing such clear-sighted and successful tech businesses. 1. Tictail Tictail describes itself as 'an e-commerce platform for people that don't like e-commerce' - or, perhaps, people who don't understand e-commerce. The company now has 60,000 indie retailers and boutiques using its service, but … [Read more...] about Ten Swedish start-ups investors couldn’t resist
Robots and drones could be Germany’s answer to home deliveries in the future, as retailers and delivery services such as Hermes are currently testing out new delivery options. One such innovation is the delivery robot, developed by Estonian-British company Starship and soon to be used by electronics chain Media Markt in the district of Grafenberg in Düsseldorf. From September, Media Markt will using the robots to deliver packages right up to the door of customers within a five-kilometre radius. On its six wheels, the robot traverses the pavements carrying packages of up to 15 kilograms. Because its maximum speed is only five kilometres per hour, the braking distance of the robot is only thirty centimetres. But although the robot has nine cameras which show it the way to go and prevent it crashing into lampposts and passers-by, it is not completely independent: A supervisor is on hand to intervene if their are any issues. Retail giant Metro, which owns Media Markt, hopes … [Read more...] about Robots and drones: deliverymen of the future?
T-Mobile made its third Un-carrier move for April, and this time, it's up to you to help CEO John Legere deliver the final punch after he landed his Operation Tablet Freedom right hook and Simple Starter left hook on his adversaries... in addition to offering the Samsung Galaxy S5 for $0 down. Ready? Here we go! Starting in May for bills arriving in June, the fourth major US carrier is eliminating overage fees for all of its subscribers. He's also petitioning "those other guys", as he affectionately refers to competitors AT&T, Verizon, and Sprint, to do the same."The old carriers’ entry-level plans lure you in with a low monthly cost for a fixed amount of domestic minutes, texts or data. Once you go over those limits – even by a little – you’re hit with bill shock." - preaches Legere from his personal blog, while the official press release backs him with some interesting revelations. Apparently, more than 20 million Americans were hit with punitive overage … [Read more...] about T-Mobile gets rid of overage fees, throws the glove at competitors to follow