Amazon is looking to take its cashier-free stores to the next level by incorporating the technology into much larger brick-and-mortar locations, the Wall Street Journal reports. Amazon Go currently operates at six sites across the U.S. The high-tech store uses an array of sensors, cameras, and artificial intelligence technology that tracks customers, allowing them to grab their items and go, with the final cost automatically charged to their account. The current locations, however, are more like convenience stores, operating as they do in relatively small spaces — each one covers around 3,500 square feet — and offering a limited range of items. People claiming to have knowledge of Amazon’s plan said the company is currently testing its technology in a larger setup formatted like a big store. Taking the platform to a larger location that stocks a broader range of products presents a number of challenges, the sources said, so it may take some time to adapt … [Read more...] about Is Amazon planning to take its cashier-free technology to much larger stores?
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Edge computing has become widespread, as more companies rely on IoT-based technologies that assist with enterprise physical security, monitoring, and automated equipment. Specifically, companies are investing in sensors, cameras, remote devices, servers, and networks at the edges of their enterprises. This is thanks in part to the combination of new 5G, and edge computing capabilities offering everything from real-time analytics to automation to self-driving cars and trucks.ZDNet and TechRepublic journalists have launched a special report examining the role edge computing plays in various industries and delves into the benefits and risks pertaining to edge computing implementation. Here's a look at what's in this free PDF ebook.Nick Heath explains what you need to know before traveling down the route of edge analytics and processing. Charles McLellan explores how the combination of billions of IoT devices, and 5G networks are set to drive a profound change in the way computing … [Read more...] about Special report: From Cloud to Edge: The Next IT Transformation (free PDF)
The 10-year yield hit its highest level since July 2011 after solid economic data . The yield spike coincides with the mounting speculation that the Fed may hike interest rates and that US inflation will finally catch up. Watch the US 10-year bond yield here. The US 10-year yield is up more than 6 basis points Tuesday morning, crossing 3.06% for the first time since July 2011. The spike coincides with better than expected economic data fueling expectations the Fed could hike rates as much as four times in 2018. Empire Manufacturing printed 20.1 for May, well ahead of the 15.0 that economists surveyed by Bloomberg were expecting. And advanced retail sales rose 0.3% month-over-month in April, matching economists’ forecasts. The data caused market expectations for four Fed rate hikes in 2018 to tick above 50%, according to Bloomberg’s World Interest Rate Probability data. … [Read more...] about The 10-year hits its highest level in 7 years
A new arrival named Spike at the Smithsonian's National Zoo could create a little spike in the elephant population. With fewer than 50,000 Asian elephants left in the wild, conservationists there are racing to save the species by breeding them in captivity. Spike, a 36-year-old, seven-ton gentle giant, was recently moved to Washington from Florida to be introduced to three females. CBS News' Chip Reid was there when he got to meet the females he'd simply been watching from the other side of the fence. There was some trumpeting and some ear flapping -- another sign of happiness. But with Maharani, Rani for short, there was some canoodling. The two were hitting it off. In fact, this is not their first meeting, and as they say, elephants never forget. Spike and Rani were an item at a zoo in Canada in 2014. Rani became pregnant three times but sadly none of the baby elephants lived past infancy. Now, the National Zoo hopes they'll have better luck. They will use blood tests and … [Read more...] about Spike, the National Zoo’s new elephant, hits it off with an old flame
Token airdrops, which is basically when a blockchain project decides to distribute free tokens to the community, aren’t a new phenomenon in the crypto world. Airdrops became increasingly popular throughout 2017, primarily due to ICO fatigue and increased regulatory uncertainty for token issuers. Lately, there’s also been a trend towards blockchain startups raising more of their funds through private sales, leaving less tokens available for purchase from individual investors during the public sale, and with some projects even replacing the ICO with a community airdrop altogether. I wanted to find out about the reasons behind these strategies, and potential consequences for the crypto market, so I reached out to Jamie Burke, CEO at Outlier Ventures, a venture firm that specializes in cryptoassets and … [Read more...] about Blockchain startups are forgoing ICOs to give away free coins in ‘airdrops’