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Archive for the ‘business’ category: Page 133

Nov 17, 2020

Amazon jumps into the pharmacy business with online prescription fulfillment, free delivery for Prime members

Posted by in categories: business, habitats, health

Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the United States to order prescription medications for home delivery, including free delivery for Amazon Prime members.

Amazon has been quietly building out its pharmacy offering for several years after ramping up internal discussions in 2017 and acquiring PillPack in 2018. The pharmacy space is notoriously complex and competitive in the U.S., and Amazon Pharmacy is built in part on PillPack’s infrastructure, including its pharmacy software, fulfillment centers and relationships with health plans.

Amazon Pharmacy, announced Tuesday, is the company’s biggest push yet into $300 billion market, and threatens the dominance of traditional pharmacies like CVS and Walgreens, as well as other large retailers that offer pharmacy services, including Walmart.

Nov 15, 2020

Chinese firm turns panda poop into toilet paper

Posted by in categories: biotech/medical, business, food

Circa 2017 o.o


When life gave one Chinese company giant panda poop, it decided to make paper — and profits. The Qianwei Fengsheng Paper Company in southwest Sichuan province has teamed up with the China Conservation and Research Center for the Giant Panda to recycle the animal’s faeces and food debris into toilet paper, napkins and other household products, state media reported Wednesday. The goods, soon to be released on the Chinese market, will be marketed as part of a “panda poo” product line decorated with a picture of the bamboo-eating, black-and-white bear. “They’re taking care of our garbage for us,” Huang Yan, a researcher at the giant panda centre, told the Chengdu Business Daily. Huang told Xinhua state news agency that the 10 kilograms (22 pounds) of bamboo poo that adult pandas unleash daily are rich in fibre after absorbing the fructose from the shoots. In addition to their valuable dung, pandas also produce 50 kilograms of food waste every day from the bamboo husks they spit out after chewing. While the process of turning bamboo into paper generally involves the breaking down of fructose to extract fibre, this step naturally occurs in the pandas’ digestive tract, the paper company’s president, Yang Chaolin, told Xinhua. Fengsheng will collect the faeces from three panda bases in Sichuan a couple of times a week. After it is boiled, pasteurised and turned into paper, it will be tested for bacteria before going on sale. Boxes of “panda poo” tissues will be sold at 43 yuan ($6.5) a pop. “Pandas get what they want and we do too,” Yang said. “It’s a win-win.”

Nov 15, 2020

China Has Caught Up To U.S. In AI, Says AI Expert Kai-Fu Lee

Posted by in categories: business, finance, robotics/AI

Skeptical. But, wonder if will trigger major funding boost if true.


Any credible list of influential books about tech from the last decade would include AI Superpowers: China, Silicon Valley and the New World Order by Kai-Fu Lee. Considered the world’s foremost authority on artificial intelligence, Taipei-born Lee got an early start, writing a pioneering speech-recognition program while a student at Carnegie Mellon in the 1980s. He later had a career in China and the U.S. at Apple, Microsoft, Silicon Graphics and Google, where he was president of Google China. Now based in Beijing, Lee runs a venture capital firm called Sinovation, which focuses on AI investments. The interview with Lee took place (virtually) in early October.

Forbes Asia: AI Superpowers made you a global business star. Why did you write the book?

Continue reading “China Has Caught Up To U.S. In AI, Says AI Expert Kai-Fu Lee” »

Nov 13, 2020

Why AI can’t move forward without diversity, equity, and inclusion

Posted by in categories: business, robotics/AI

The need to pursue racial justice is more urgent than ever, especially in the technology industry. The far-reaching scope and power of machine learning (ML) and artificial intelligence (AI) means that any gender and racial bias at the source is multiplied to the n th power in businesses and out in the world. The impact those technology biases have on society as a whole can’t be underestimated.

When decision-makers in tech companies simply don’t reflect the diversity of the general population, it profoundly affects how AI/ML products are conceived, developed, and implemented. Evolve, presented by VentureBeat on December 8th, is a 90-minute event exploring bias, racism, and the lack of diversity across AI product development and management, and why these issues can’t be ignored.

“A lot has been happening in 2020, from working remotely to the Black Lives Matter movement, and that has made everybody realize that diversity, equity, and inclusion is much more important than ever,” says Huma Abidi, senior director of AI software products and engineering at Intel – and one of the speakers at Evolve. “Organizations are engaging in discussions around flexible working, social justice, equity, privilege, and the importance of DEI.”

Nov 12, 2020

The technology that’s saving businesses millions of dollars

Posted by in categories: business, internet

The Internet of Things can create tiny efficiencies that amount to a lot of money. Ben Fahy reports on how the IoT is changing the way businesses work.

Back in the 1830s, a depressed minister from Massachusetts named Lorenzo Langstroth got into beekeeping as therapy. His hobby eventually led him to develop the moveable comb hive, an innovation that allowed honey to be harvested without destroying the colony of bees. Since then, the art of beekeeping hasn’t changed much, but Bruce Trevarthen, the founder and CEO of the LayerX group, thinks some smart technology and a bit of connectivity might be the next big bee-based breakthrough.

ModuSense, a division of the Hamilton-based tech company/incubator, focuses on providing industrial Internet of Things (IoT) solutions, particularly for the primary sector. But when it kicked off around four years ago, Trevarthen felt that target was still too broad, so he decided to focus on improving the productivity of one sector in particular: apiculture.

Nov 9, 2020

L3Harris wins contract to apply artificial intelligence to remotely sensed data

Posted by in categories: business, military, robotics/AI

SAN FRANCISCO – L3Harris Technologies will help the U.S. Defense Department extract information and insight from satellite and airborne imagery under a three-year U.S. Army Research Laboratory contract.

L3Harris will develop and demonstrate an artificial intelligence-machine learning interface for Defense Department applications under the multimillion-dollar contract announced Oct. 26.

“L3Harris will assist the Department of Defense with the integration of artificial intelligence and machine learning capabilities and technologies,” Stacey Casella, general manager for L3Harris’ Geospatial Processing and Analytics business, told SpaceNews. L3Harris will help the Defense Department embed artificial intelligence and machine learning in its workflows “to ultimately accelerate our ability to extract usable intelligence from the pretty expansive set of remotely sensed data that we have available today from spaceborne and airborne assets,” she added.

Nov 9, 2020

Sony launches Airpeak drone business to support ‘video creators’

Posted by in categories: business, drones, energy, mapping

Sony wants a bigger piece of the drone market. Today, the Japanese giant unveiled a project called Airpeak, which will “support the creativity of video creators to the fullest extent possible,” according to a cryptic press release. That makes it sound like Sony wants to take on consumer-focused drone makers such as DJI, Parrot and Skydio. Which makes a lot of sense, given Sony’s expertise in the compact and full-frame mirrorless camera markets. If you’re a vlogger or independent filmmaker that already uses Sony gear, you might be tempted by a drone with similar technology. If nothing else, it would make it easier to color correct and combine footage.

In the press release, though, Sony notes how drones have led to “workflow efficiency and energy savings in the industrial sector.” It adds: “Sony has assigned the ‘Airpeak’ brand to reflect its aspiration to contribute to the further evolvement and the creation of the unprecedented value through its imaging and sensing technology as well as 3R technologies (Reality, Real-time and Remote) in the drone area.” So it a consumer or enterprise play? We’re hoping its the former. The company already has Aerosense — a business-focused drone collaboration with ZMP — which specializes in surveying, capturing live events and creating maps from drone imagery.

Nov 6, 2020

Walmart Is Giving Up on Its Inventory Robots

Posted by in categories: business, robotics/AI

Looks like inventory robots won’t be replacing humans in Walmart for now. 😃

I’m a bit sad for the supplier of the robots. But I’m glad that people will keep their jobs in Walmart.


Bitter Reality

Continue reading “Walmart Is Giving Up on Its Inventory Robots” »

Oct 30, 2020

Blockchain aims to solve AI ethics and bias issues

Posted by in categories: bitcoin, business, ethics, information science, robotics/AI

Many Machine Learning and AI algorithms are centralized, with no transparency in the process. Now a blockchain-based start-up aims to improve transparency bias in business workflows.

Oct 30, 2020

Virgin Hyperloop Wonders: What Does 600 MPH Travel Do to the Brain?

Posted by in categories: business, neuroscience

Virgin Hyperloop, the transportation company owned by business magnate Richard Branson, has ambitious plans to build a vacuum tube transportation system that travels over 600 miles per hour.

But before it does so, the company has made the reasonable decision to figure out what traveling that quickly might to do the brain. To wit, scientists at West Virginia’s Rockefeller Neurosciences Institute (RNI) will find out what to expect when launching passengers at 78 percent the speed of sound.


Hold on to your brains!