Tuesday, November 5

Tag: United States

Amazon Partners Apple to Sell New Devices in India & other markets
BUSINESS

Amazon Partners Apple to Sell New Devices in India & other markets

Amazon has struck a deal with Apple to directly start selling more Apple products in India and other markets like United States, United Kingdom, France, Germany and Japan among others. In the coming weeks, Amazon will start offering the latest editions of Apple's iPhone, iPad and other devices like Beats headphones in these markets. The online retail giant will however not offer Apple's HomePod smart speaker, that directly competes with Amazon Echo. CNET was first to report this deal. "We're working with Amazon to improve the experience for Apple customers on their site and we look forward to those customers having another great way to buy iPhone, iPad, Apple Watch, Mac and more," Apple said in a statement. Apple had earlier struck a deal with Amazon rival Flipkart and Infibeam to...
Amazon to Increase Minimum Wages of US Employees to $15
USA

Amazon to Increase Minimum Wages of US Employees to $15

Amazon has announced that the company is reportedly raising the minimum wage for all its United States employees to $15 which will be effective from next month. The raise is applicable for part-time workers and those hired through temporary agencies. The company mentioned that it would also persuade Washington to raise the federal minimum wage which has been around $7.25 for almost a decade. The rise in the wages will apply to more than 250,000 Amazon employees, including those at the grocery chain Whole Foods. Also, it will apply to more than 100,000 seasonal employees that the company plans to appoint for the holiday season. However, the change in wages will not apply to contract workers. “We listened to our critics, thought hard about what we wanted to do, and decided we want to ...
Meet The World’s Fastest Supercomputer Launched By IBM
Tech

Meet The World’s Fastest Supercomputer Launched By IBM

The International Business Machines Corporation (IBM) along with the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) announced the launch of its latest and world’s fastest supercomputer named ‘Summit’. Summit was revealed at Friday at Oak Ridge National Laboratory in Tennessee. The supercomputer highlights a peak performance of tremendous 200,000 trillion calculations per second. That as fast as each of the planet's 7.6 billion people doing 26 million calculations per second on a hand calculator. IBM has declared that ‘Summit’, at present, is the most powerful and intelligent scientific computer in the world. The production and working on the supercomputer has been carried for decades and it seems their efforts have well succeeded. The features of the computer are th...
China Plans to Import American Goods Worth $70 Billion
CHINA

China Plans to Import American Goods Worth $70 Billion

China has reportedly offered to buy agricultural and energy products worth $70 billion approximately from the United States as long as the Trump administration is not moving forward to impose tariffs against the country. This offer popped up during a meeting in Beijing held this weekend between Commerce Secretary Wilbur Ross and the Chinese economic adviser Liu He. The offer revolved all around a package that included that the Chinese companies would buy more of US farm and energy products such as soybeans, corn, natural gas, crude oil, coal and manufactured goods. The estimated value of the package, in this matter, was around $70 billion in the first year as stated previously. China's state-backed newspaper Xinhua said that China is willing to increase imports from other countries, ...
Amazon launches a “New Appstore” For Professional Sellers
USA

Amazon launches a “New Appstore” For Professional Sellers

American E-commerce Giant Amazon is launching a new app store that will have special tools dedicated to helping sellers manage inventory and orders. Dubbed as "Amazon Marketplace Appstore", the application will in-house apps created using Amazon Marketplace Web Service (Amazon MWS) by Amazon and third-party developers screened by the company. The Amazon MWS is an integrated web service API where sellers can share data about their inventory, logistics and orders to automate tasks. Interestingly, sellers can even build apps using the platform for their own accounts as well that of sellers. According to a company statement to a leading news agency, it said, Many developers have innovated and created applications that complement our tools and integrate with our services. We created the ...
Singapore’s Electric Car-Sharing Programme Hits The Road
News

Singapore’s Electric Car-Sharing Programme Hits The Road

Singapore launched on Tuesday its first large-scale electric car-sharing programme through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars. The service, which will be run for a decade by BlueSG, a unit of France’s Bollore Group, is a part of Singapore’s plans to reduce the number of vehicles on its roads and encourage the use of public transport.  The city-state, one of the world’s most expensive places to own a car, said in October it would not allow any net growth in its car population from February next year citing the scarcity of land and the push to develop its public transport system. Singapore, with well-maintained roads and relatively smooth traffic conditions, has also been enc...