Ride-sharing challenger company Taxify is expanding into Western Europe in a bid to unseat Uber and bring greater competition to the market. Taxify will launch in London at 10:00 a.m. local time on Tuesday, September 5, and will offer fares at a 50 percent discount for the rest of the month as it aims to […]
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Alibaba launches ‘smile to pay’ facial recognition system at KFC in China
Redefining the term “happy meal”, fast food fanatics in China now just need to flash their smiles to earn their dinner. Alibaba‘s Ant Financial has teamed up with KFC in the eastern Chinese city of Hangzhou to debut its news “smile to pay” service. The service allows customers to process their payment simply by smiling […]
Read moreWhen chemotherapy patient Allison Hailey meets with Dr. Angela Kueck at Texas Oncology in Austin, she comes prepared. That is because Hailey’s phone displays graphs, charts and logs of her medications, mood changes and physical health — courtesy of an app called ChemoWave. Since its launch on June 29, ChemoWave is giving chemotherapy patients and […]
Read moreNorth Korea announced on Sunday that it had successfully conducted its sixth and most powerful nuclear test, using what it said was an advanced hydrogen bomb — or an “H-bomb”. Experts haven’t yet verified whether the weapon was indeed an “H-bomb”, though they widely agree that it created an explosion which far exceeded previous tests. […]
Read moreSpaceX has announced that is has completed first-stage testing on the Falcon Heavy, its new heavy-lift rocket. The Falcon Heavy has been touted as a crucial element of CEO Elon Musk’s ambitious plan to reuse rockets that can fly crew as far away as Mars. In a tweet, the company said that three first-stage cores […]
Read moreThe price of bitcoin fell sharply after Chinese regulators announced a ban on organizations from raising funds using initial coin offerings (ICOs). ICOs allow start-ups to raise investment by selling new cryptocurrencies, which are similar to bitcoin, in return for cash. However, the People’s Bank of China says this practice, which has become popular around […]
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Hillary Clinton endorsed a new media platform — and then it suffered a cyberattack
Hillary Clinton endorsed a new political media platform on Sunday, shortly before an alleged cyberattack forced the website offline. Clinton surprised many of her followers over the weekend when she announced her personal support for a new and relatively unknown website called Verrit. Tweet 1 Described as a “media platform for the 65.8 million” voters […]
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Bank of England gets a new member as traders eye an eventual rate hike
David Ramsden joined the Bank of England (BOE) Monday as deputy governor for markets, with analysts expecting the economist to stick to a dovish line for the bank and not opt for immediate rate hikes. He will also be a member of the BOE’s Monetary Policy Committee (MPC), the Financial Policy Committee, the Prudential Regulation […]
Read moreElon Musk has made an ominous warning about artificial intelligence (AI), suggesting it could be the cause of a third world war. His comment was in response to Russian President Vladimir Putin who said Friday that the first global leader in AI would “become the ruler of the world.” “China, Russia, soon all countries w […]
Read moreThe Russian Central Bank said on Monday it had launched a new mechanism for providing struggling banks with extra rouble liquidity. Russia’s Otkritie Bank was the first lender to benefit from the new scheme after the central bank stepped in last week to rescue it following a sustained run on its deposits amid worries about […]
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