Alibaba Singles’ Day Sales Hit $8.6 Billion in First Hour

November 14, 2017

Jack Ma is using this year’s event as a testing ground for his plans to revamp China’s $4 trillion traditional retail sector with technology, an experiment that could help the behemoth gain an edge in China’s saturated retail market. “The work that’s been done in the integration of offline and online, not just in terms of the technology integration, but the data and efficiencies for brands and the consumer through…

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Smartphones Are Killing Americans, But Nobodys Counting

October 24, 2017

Jennifer Smith doesn’t like the term “accident.” It implies too much chance and too little culpability. A “crash” killed her mother in 2008, she insists, when her car was broadsided by another vehicle while on her way to pick up cat food. The other driver, a 20-year-old college student, ran a red light while talking on his mobile phone, a distraction that he immediately admitted Over the past two years,…

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The White House and Equifax Agree: Social Security Numbers Should Go

October 10, 2017

The Trump administration is exploring ways to replace the use of Social Security numbers as the main method of assuring people’s identities in the wake of consumer credit agency Joyce said officials are looking into “what would be a better system” that utilizes the latest technologies, including a “modern cryptographic identifier,” such as public and private keys. according to the Social Security Administration. Supplanting such an ingrained apparatus would not…

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Amazon Is Testing Its Own Delivery Service to Rival FedEx and UPS

October 9, 2017

Last year, Amazon introduced Seller Fulfilled Prime, which lets merchants who don’t stow items in Amazon warehouses still have their products listed with the Prime badge, meaning they’ll be delivered within two days. The merchants had to demonstrate they could meet Amazon’s delivery pledge, and many used UPS and FedEx for deliveries. The new service gives Amazon control over those deliveries instead, even if it continues to use third-party couriers….

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NFL TV Ratings Slump Again

September 15, 2017

Fewer people watched the opening week of National Football League coverage than they did last year, a decline TV executives chalk up to Hurricanes Irma and Harvey. Cable news and the Weather Channel almost tripled their audiences in prime time and grew fourfold during the day, according to data from the networks, drawing fans away from football. “Thursday Night Football” was down 13 percent, and Sunday games on CBS also…

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China’s Fossil Fuel Deadline Shifts Focus to Electric Car Race

September 13, 2017

China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market led by companies including BYD Co. and BAIC Motor Corp. Xin Guobin, the vice minister of industry and information technology, said the government is working with other regulators on a timetable to end production and sales. The…

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Alleged Russian Hackers Arrest Caps Long Cybercrime Career

July 30, 2017

Moscow (AP) — From the early days of online stock scams to the increasingly sophisticated world of botnets, pseudonymous hacker Peter Severa spent nearly two decades at the forefront of Russian cybercrime. Now that a man alleged to be the pioneering spam lord, Pytor Levashov, is in Spanish custody awaiting extradition to the U.S., friends and foes alike are describing the 36-year-old as an ambitious operator who helped make the…

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