Amazon to launch cashier-less Whole Foods groceries in 2022
Sep 09, 2021 08:55 am UTC| Business Economy
Amazon announced that it will be opening two Whole Foods Market stores that will have no human cashiers in them. The grocery outlets with the companys Just Walk Out technology will initially be set up in two locations - in...
JPMorgan, Volkswagen Payments signs deal for 75% stake acquisition
Sep 09, 2021 08:26 am UTC| Business Economy
JPMorgan entered a deal to acquire an almost 75% stake in Volkswagens payments business, Volkswagen Payments S.A. The agreement comes prior to the firms rollout of its new in-car technology that will let drivers pay for...
Sanofi acquires Kadmon biopharma firm for $1.9 billion
Sep 09, 2021 06:36 am UTC| Business Economy
Sanofi, a pharmaceutical company headquartered in Paris, France, announced its acquisition of the American biopharmaceutical firm, Kadmon. It was revealed that the deal is worth $1.9 billion and the French drugmaker made...
Microsoft says Azure has flaw that would allow hackers to access data
Sep 08, 2021 23:56 pm UTC| Economy Technology
Microsoft warned that its Azure cloud computing service was found to have a flaw that would allow hackers to access customers data. The flaw, discovered by Microsofts security researchers, has been fixed, the companys...
Hyundai exec says flying vehicles are the ultimate solution for hyper urbanization
Sep 08, 2021 23:56 pm UTC| Life Economy
Hyundai Motor executive Shin Jai-won prompted businesses and governments to work together to open up the skyway for urban air mobility (UAM), which he dubbed as the ultimate solution to the side effects of hyper...
Climate change fueling need for property insurance: study
Sep 08, 2021 23:50 pm UTC| Economy Nature
Climate change-driven events will propel a threefold surge in property insurance premiums over the coming two decades, according to a study published by Swiss Re. These events include frequent and stronger weather,...
Ford Motor hires Apple's long-rumored EV group leader Doug Field
Sep 08, 2021 23:41 pm UTC| Economy Business
Ford Motor Co. has hired Doug Field away from Apple to become its chief advanced technology and embedded systems officer. Field will oversee efforts including vehicle controls, enterprise connectivity, and driver...
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