More than 50 engineers at Facebook are reportedly busy giving shape to the social media giant’s own cryptocurrency and CEO Mark Zuckerberg is quite bullish on the project. Not only Facebook, highly-encrypted mobile communications apps Telegram and Signal are also on the job to roll out new cryptocurrencies over the next year, The New York Times reported
Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener. The online retail giant announced plans Monday to make half of all its shipments carbon neutral by 2030. To reach that goal, the online retail giant says it will use more renewable energy like solar power; have more
The hacker who earlier stole and posted data of close to 750 million users of various popular websites on a Dark Web marketplace has now put up the third set of nearly 93 million hacked databases for sale. According to a report on ZDNet late Sunday, the hacker this time is selling an additional 93
JPMorgan Chase on Thursday unveiled a prototype for a digital coin system using blockchain, a first among major banks in the fast-changing cryptocurrency world. The system, called JPM Coin and which for now is only at the prototype stage, would permit institutional clients to make instantaneous payments with other bank clients. Customers would receive JPM
A hacker who stole close to 620 million user records from 16 websites has struck again, this time breaking into 127 million more records from eight more websites. According to a TechCrunch report late on Thursday, the hacker now has 18 million user records from travel booking site Ixigo and 40 million from live-video streaming site YouNow.
IBM announced on Tuesday that some of its Watson artificial intelligence services will now work on rival cloud computing providers as it seeks to win over customers that want greater flexibility in how they store and analyse data. The announcement builds on IBM’s moves to position its services as compatible with nearly any form of computer infrastructure a
Walmart and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com to deliver groceries to customers’ homes. The world’s largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 US cities last year, after failing to use Uber and Lyft to deliver groceries,
Over the past year, Amazon has reduced the portion of shipments it packs in its cardboard boxes in favor of lightweight plastic mailers, which enable the retailing giant to squeeze more packages in delivery trucks and planes. But environmental activists and waste experts say the new plastic sacks, which aren’t recyclable in curbside recycling bins,
GV, the venture-capital arm of Google parent Alphabet, has hired biotechnology industry veteran David Schenkein to co-lead its investments in life sciences, a signal of its increasing ambitions in health care. Schenkein was previously chief executive officer of Agios Pharmaceuticals, which he grew from a small closely held startup to a $3.1 billion (roughly Rs.
Defending the incentive package to attract Amazon.com’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.” “We had a real live choice to make – 25,000 to 40,000 jobs, many of them good paying, that New Yorkers