As Amazon takes over a bigger chunk of online retail, e-commerce start-ups are searching for niche areas where they can provide a better, more targeted experience. Stitch Fix, a personal styling service, will be the first of this new breed of start-ups to test the public market. The six-year-old start-up, which sends a customized box […]
Read moreFrom Amazon‘s Alexa learning which restaurants its users like, to Apple‘s iPhone predicting the next word in a text message, artificial intelligence (AI) is already having a significant influence on everyday life. But Northwestern economist Benjamin Jones and his colleagues are now asking what happens to economic growth if artificial intelligence starts generating original thought. […]
Read moreBitcoin set a new record high on Saturday breaking through the $6,100 barrier. The cryptocurrency hit an all-time high of $6,147.07 just a day after pushing through the $6,000 mark, according to data from industry website CoinDesk. Much of the rise can be attributed to another upcoming split in bitcoin known as a “fork”. This […]
Read moreThe appointment of Zimbabwe’s President Robert Mugabe as a goodwill ambassador of the World Health Organisation (WHO) has been denounced by human rights groups. WHO Director-General Tedros Adhanom Ghebreyesus announced the appointment at a high-level meeting on non-communicable diseases (NCDs) in Uruguay on Wednesday. The meeting was attended by Mugabe, 93. He is blamed in […]
Read moreA man wounded five people with a knife in the southern German city of Munich on Saturday and was being hunted by police, police and the fire department said. None of the injuries were life-threatening, police said, adding that the attacker’s motive remained unclear. They urged people in the city to remain at home as […]
Read moreHeavy rain and powerful winds are expected to lash large areas of Japan on Sunday as a strong typhoon sweeps ashore, possibly hindering voter turnout in a national election. Typhoon Lan was classified as an intense Category 4 storm on Saturday, with winds of up to 250 km/h (156 mph), according to the Tropical Storm […]
Read moreThe Spanish cabinet was meeting on Saturday to prepare to impose direct rule on Catalonia and thwart a drive by the autonomous region to breakaway from Spain. It will be the first time in Spain’s four decades of democracy that Madrid has invoked the constitutional right to take control of a region and rule it […]
Read moreWalmart‘s Jet.com launched its private label business Uniquely J, as it continues its push to tap urban millennials and its corporate parent fortifies its fight against Amazon. “We’re excited to introduce Uniquely J to consumers, confident that they’ll embrace the products and soon begin to consider them essential to their day-to-day shopping,” said Liza Landsman, […]
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