Amazon Unveils NYC Retail Store for 4+ Star Online Products

Amazon has opened a brick-and-mortar retail store, dubbed Amazon 4-star, in New York City’s Soho neighborhood. Amazon 4-star is so named because it will carry goods — starting off with consumer electronics, kitchen, home, toys, books and games — that shoppers have rated with at least four stars, are sold by top sellers or are “new and trending.” This physical retail store joins Amazon’s 12+ bookstores and a few cashierless Go convenience stores, as well as the Whole Foods grocery stores it acquired. Continue reading Amazon Unveils NYC Retail Store for 4+ Star Online Products

Foxconn Selects Wisconsin for North American Headquarters

Taiwanese electronics manufacturer Foxconn Technology Group announced that it has acquired a seven-story building in downtown Milwaukee that will serve as the company’s North American corporate headquarters. The new facility will employ 500 people and also house an innovation center that will focus on display technology. Foxconn, which purchased the downtown building from Northwestern Mutual, is additionally planning a major manufacturing complex about 30 miles south of Milwaukee in Racine County, expected to open in 2020. Continue reading Foxconn Selects Wisconsin for North American Headquarters

Amazon Hits Roadblocks in Pursuit of Retail Grocery Business

Amazon’s plan to open Amazon Go, a convenience store without a cashier, has suffered a setback. In beta since December, the first store was scheduled to open to the public by the end of March, but sources reported that there are problems with the technology used to automatically charge customers when they leave the store. Brick-and-mortar stores are key to Amazon’s desire to enter the food sales market in earnest. The company is also exploring the possibility of retail stores to sell furniture, appliances and other items. Continue reading Amazon Hits Roadblocks in Pursuit of Retail Grocery Business

Microsoft Reportedly Plans to Invest Significant Sum in Uber

Unnamed sources report that Microsoft has agreed to invest in Uber. Although details are not yet public, the company is expected to invest a significant portion of the upcoming $1 billion funding round that values Uber at around $51 billion. That new funding round — and the valuation — makes Uber one of the most highly valued private companies ever, along with startups such as Xiaomi, a Chinese electronics company valued at around $45 billion and Airbnb, valued at more than $24 billion. Continue reading Microsoft Reportedly Plans to Invest Significant Sum in Uber

Bendable Displays Are Closer Than Ever to Hitting the Market

Samsung was one of the first companies to tempt consumers with the prototype of a bendable display at CES, but so far, Samsung and others have faced manufacturing challenges in bringing these displays to market. However, a California-based startup, Kateeva, has developed a new manufacturing process that it claims will save time, cut costs, and make bendable screens more durable. Another company, Canatu, has also developed technology to make bendable touch screens. Continue reading Bendable Displays Are Closer Than Ever to Hitting the Market

Kits for Internet-Connected Devices to Hit RadioShack Shelves

RadioShack plans to stock DIY kits in its retail locations that provide consumers with the ability to create an array of connected devices. New York startup LittleBits has been selling sets that allow users to connect, for example, a sound detector to a LED light, for illuminating a small space every time a radio is turned on. LittleBits now offers its $99 Cloud Starter Bundle that connects gadgets to the Internet, while companies such as Bug Labs and Electric Imp are also offering ways to create connected devices. Continue reading Kits for Internet-Connected Devices to Hit RadioShack Shelves

Amazon 3D Printing Store Offers iPhone Cases, Bobble Heads

Amazon launched its 3D Printing Store yesterday, which allows users to customize pre-made designs and order 3D printed products. Printing labs such as 3DLT, Mixee and Sculpteo have partnered with Amazon to include their popular designs. Amazon’s store presently features more than 200 designs for games, home decor, jewelry, tech accessories, toys and more that can be altered by color, size and thickness. Users can also add text, their name and other small touches. Continue reading Amazon 3D Printing Store Offers iPhone Cases, Bobble Heads

Mobile App eBay Valet Handles the Selling Process for You

Auction and shopping site eBay is taking its Sell For Me service mobile with the launch of eBay Valet, an app that lets eBay handle every step of the selling process. The new iPhone app, designed and developed by the Israel Innovation Center, helps to determine an item’s value and list it online, and even handle the shipping once it is sold. Both the Web-based eBay Sell For Me and mobile eBay Valet are designed to make the online selling process more approachable for buyers and sellers. Continue reading Mobile App eBay Valet Handles the Selling Process for You

Evernote CEO Says No Future for Apps and Ads with Wearables

Evernote CEO Phil Libin believes that as wearable electronics supplant smartphones, apps and ads will increasingly feel out of place. Speaking at the MIT Technology Review Digital Summit, Libin noted that the convenience of wearables such as Google Glass or a smartwatch will rely on the instant delivery of information. Firing up an app or waiting on an ad would likely alienate users. Libin predicts that users will prefer ambient services that run in the background and move forward as needed. Continue reading Evernote CEO Says No Future for Apps and Ads with Wearables

Apple to Buy Beats for $3 Billion: Largest Deal in its History

Apple announced yesterday that it has agreed to purchase Beats Electronics for $3 billion, in a deal that is expected to help the tech giant better compete with subscription-based music services. As anticipated based on earlier reports, Apple will offer the Beats streaming music service, built on curated playlists, and its premium headphones under a separate Beats brand, while the iTunes music store and streaming radio platform will be offered alongside the Beats music service. The Beats deal marks the largest acquisition in Apple’s history. Continue reading Apple to Buy Beats for $3 Billion: Largest Deal in its History

Samsung Developing Virtual Reality Headset for Video Games

Later this year, Samsung is reportedly planning to announce a virtual reality headset that will work with Galaxy phones and tablets. The headset with OLED screen is designed to provide gamers with a more immersive experience for Android-based video games. Facebook and Sony have been developing their own VR headsets with the much-hyped Oculus Rift and Project Morpheus, but Samsung hopes to offer its product before the competition and at a lower price. Continue reading Samsung Developing Virtual Reality Headset for Video Games

Startups Use New Technologies to Wirelessly Charge Phones

Energous and Witricity have developed new ways to charge smartphones, tablets and other small devices without needing wires to plug them into an outlet. Energous’ WattUp technology allows users to recharge phones in special cases or receivers that can pick up signals from a transmitter that is plugged in more than 10 feet away. Toyota and TDK are already planning to utilize Witricity’s wireless charging technology in upcoming hybrid and electric cars, and car batteries. Continue reading Startups Use New Technologies to Wirelessly Charge Phones

Sony, Panasonic May Team Up for Mobile Panel Tech Venture

Sony and Panasonic are reportedly in early discussions to create a joint venture in next-gen panel tech for mobile devices with key Apple supplier Japan Display Inc. While OLED tech for TVs has been a pursuit of numerous companies, LG and Samsung have led the charge for smaller screens in mobile devices. According to people familiar with the matter, Japanese manufacturers hope they can compete with their Korean rivals in smaller panels through the new joint venture. Continue reading Sony, Panasonic May Team Up for Mobile Panel Tech Venture

Major Retailers Continue to Downsize Due To Poor Earnings

Major retailers continue to downsize as a result of poor earnings, which could lead to the elimination of thousands of store locations. Most experts agree that much of the problems experienced by retailers can be attributed to Amazon’s success, with annual sales approaching $100 billion. Best Buy, Office Depot, RadioShack, Sears and Staples are among the major companies that have already announced the planned closing of multiple locations.  Continue reading Major Retailers Continue to Downsize Due To Poor Earnings

DARPA’s Newest Tech Projects that Could Change the World

The Defense Advanced Research Projects Agency (DARPA), responsible for bankrolling the early Internet, is busy developing new technologies that could have a similar impact on the world. The agency’s $3 billion budget is funding research on atomic GPS technology that does not require a satellite to achieve geo-location awareness, terahertz frequency electronics that could lead to significant health-related applications, a virus shield for the Internet of Things, and Rapid Threat Assessment to aid drug discovery. Continue reading DARPA’s Newest Tech Projects that Could Change the World

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