Retail
Alibaba Said to Invest in Israeli Search Startup Twiggle
Alibaba Group Holding Ltd. is investing in Israeli startup Twiggle to tap its search technology and solidify its lead in Chinese e-commerce, according to people familiar with the matter. The Tel Aviv-based company could help Alibaba improve the quality of online-shopping searches as the e-commerce operator expands in China and abroad, people familiar with matter said, declining to be named because the matter is private. The startup will get 5 million to 10 million from Alibaba, one of the people said. Refining search technology has proven pivotal to shopping services like Amazon.com Inc. Twiggle, led by former Google Inc. executives Amir Konigsberg and Adi Avidor, uses machine learning and natural language processing to guess what shoppers are after. When users search for the "best laptop," Twiggle will try to understand what that means: such as highest screen resolution, most memory, longest battery life and so on.
Machine Learning, Recommendation Systems, and Data Analysis at Cloud Academy
In today's guest post, Alex Casalboni and Giacomo Marinangeli of Cloud Academy discuss the design and development of their new Inspire system. Our Challenge Mixing technology and content has been our mission at Cloud Academy since the very early days. We are builders and we love technology, but we also know content is king. Serving our members with the best content and creating smart technology to automate it is what kept us up at night for a long time. Companies are always fighting for people's time and attention and at Cloud Academy, we face those same challenges as well.
Amazon lets you access Alexa on the web via Echosim.io
Amazon has released a web-based version of Alexa, the voice-activated digital assistant that powers its Echo speaker. Called Echosim.io, the service simulates having an Echo -- to a degree. At the user's prompting, Alexa on the Echo can access Amazon Prime or Spotify music, call an Uber, check Google calendar, or listen to an Audible book. In the animation, the Echo's rim starts to pulse blue at the user's prompt. The web-based simulator is far more limited than Alexa in Echo or Amazon's smaller speakers, Dot and Tap.
CartSkill โ Online stores for Facebook Messenger
We use artificial intelligence to power our visual product discovery technology. You can click on one of the 8 handbag images below to see similar products. Our convolutional neural networks have analyzed the images and are able to provide you relevant suggestions. What's cool is that the suggestions are triggered from more than 1,200 handbags. Similar technology can be applied to any product category.
Foxconn replaces 60,000 humans with robots in China
The first wave of robots taking over human jobs is upon us. Apple Inc. AAPL, 0.79% supplier Foxconn Technology Co. 2354, 0.14% has replaced 60,000 human workers with robots in a single factory, according to a report in the South China Morning Post, initially published over the weekend. This is part of a massive reduction in headcount across the entire Kunshan region in China's Jiangsu province, in which many Taiwanese manufacturers base their Chinese operations. In a statement to MarketWatch, Foxconn Technology Group confirmed that it has been automating its manufacturing facilities throughout China, including Kunshan, for "many years," which it says has freed up its employees to focus on higher value-added elements of the manufacturing process, such as research and development, process control and quality control. "Across all of our facilities today, we are applying robotics engineering and other innovative manufacturing technologies to replace repetitive tasks previously done by employees," Foxconn said.
Three key retail trends from the NRF Big Show - Inside Retail
This week around 33,500 visitors flocked to the Jacob K. Javits Centre in New York City for the annual National Retail Federation (NRF) Convention and Expo. Held from January 17 โ 20, the event is an opportunity to take stock following the busy holiday season and get a sense of how 2016 will shape up for retail. Much to this journalist's disappointment, nobody announced their plans for a hostile takeover of Amazon at the event, however several key themes emerged. "Tech has untethered customers dramatically and therefore we think that loyalty in itself has shifted dramatically over the past years, over this era of very powerful consumer empowerment," Bousquet-Chavanne said. In response, organisations will have to invest in their operations and systems to make them more agile.
Foxconn replaces 60,000 humans with robots in China
The first wave of robots taking over human jobs is upon us. Apple Inc. AAPL, 1.76% supplier Foxconn Technology Co. 2354, -0.41% has replaced 60,000 human workers with robots in a single factory, according to a report in the South China Morning Post, initially published over the weekend. This is part of a massive reduction in headcount across the entire Kunshan region in China's Jiangsu province, in which many Taiwanese manufacturers base their Chinese operations. Roughly 600 companies are reportedly looking to reduce headcount with robots, as part of an effort to accelerate growth and reduce costs, according to the Chinese newspaper, which cited data from the Kunshan government. Last year, 35 Taiwanese companies, including Foxconn, spent a total of 4 billion yuan ( 610 million) on artificial intelligence as part of this initiative, according to the report.
Google quietly kills its Nexus Player as Chromecast overshadows Android TV
The puck-shaped Nexus Player is no longer available for sale from Google, as The Verge first reported. Other retailers haven't stocked the device for months. If you count the ill-fated Nexus Q, the Nexus Player was Google's third run at creating a set-top box, following a run of over-priced devices powered by the now defunct Google TV. The Nexus Player was first introduced in late 2014 as one of the first devices running Android TV. At the time, we said the player was a "fine first draft."
Amazon refutes complaints it stopped price matching
An Amazon Prime package awaits pickup by its customer. SAN FRANCISCO -- Amazon says it hasn't stopped price matching -- because it never had such a policy in the first place. Over the last several days, news stories and online forums reported the retail giant had ended its policy of reimbursing customers if the price of an item on its site drops within seven days of delivery. Amazon (AMZN) spokeswoman Julie Law said the company does not do what's known as "price matching" or "price protection," though its customer service associates are empowered to make decisions on behalf of the customer when it seems appropriate. "We've always had a no price matching policy, because we believe we're always making the best pricing decisions on behalf of our customers," she said.
Did Amazon end its non-existent price protection policy?
An Amazon Prime package awaits pickup by its customer. SAN FRANCISCO -- Despite multiple news stories over the past several days that Amazon has ended its policy of reimbursing customers if the price of an item on its site drops within seven days of delivery, the company says it hasn't -- because it never had such a policy in the first place. Amazon (AMZN) does not do what's known as "price matching" or "price protection," though its customer service associates are empowered to make decisions on behalf of the customer when it seems appropriate, said spokeswoman Julie Law. "We've always had a no price matching policy, because we believe we're always making the best pricing decisions on behalf of our customers," she said. Because there's no actual policy and because customer service associates have broad freedom in what they offer customers, it's possible customers have in the past, and still are at times, getting price matching, Law said.