Tag Archives: innovation

Majid Al Futtaim inks Carrefour UAE online delivery deal with Yandex — Retail Technology Innovation Hub

Majid Al Futtaim inks Carrefour UAE online delivery deal with Yandex — Retail Technology Innovation Hub

Majid Al Futtaim, which specialises in shopping mall, communities, retail, and leisure across the Middle East, Africa and Central Asia, is teaming with Russian tech giant Yandex to explore autonomous technology solutions that enhance Carrefour UAE’s last mile delivery capabilities. This makes Carrefour the first omnichannel retailer to use self-driving robots for online order delivery in the region.  A pilot, involving customers in select neighbourhoods across the UAE, is set to launch… Source link

Read More »

Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation

Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation

Sundar Pichai, chief executive of Google and parent company Alphabet Inc., GOOG 0.91% said the U.S. government should take a more active role in policing cyberattacks and encouraging innovation with policies and investments. In the wake of recent cybersecurity breaches attributed to Chinese and Russian hackers, Mr. Pichai said the time had come to draft the equivalent of a Geneva Convention for technology to… Source link

Read More »

 Grubhub and Yandex launch robot food delivery at Ohio State University — Retail Technology Innovation Hub

 Grubhub and Yandex launch robot food delivery at Ohio State University — Retail Technology Innovation Hub

“By partnering with Grubhub, we can bring robotic delivery to some of the people who need it most – students, researchers and professors who are short on time,” says Peter Szelei, Business Development Executive at Yandex SDG. “Not only do the rovers enhance the current food delivery options, but open new possibilities for smarter, better and faster dining.” “Imagine ordering morning coffee and grabbing it from a robot waiting at your doorstep as you head out to class, or studying in… Source link

Read More »

Chipotle seen riding demand boom in Q2, with eyes on price hikes, innovation

Chipotle seen riding demand boom in Q2, with eyes on price hikes, innovation

Chipotle (CMG) on Tuesday posted a second-quarter earnings report that smashed Wall Street expectations, thanks to the mass return of customers after COVID-19 restrictions, and ongoing strength in digital sales. Here’s what the California-based company reported, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $1.9B vs. $1.88 billion expected Adj. earnings per share (EPS): $7.46 vs. $6.54 per share expected Same-store sales: 31.2% vs. 29.8%… Source link

Read More »

Yandex robots to deliver food at US colleges with Grubhub — Retail Technology Innovation Hub

Yandex robots to deliver food at US colleges with Grubhub — Retail Technology Innovation Hub

Russian tech giant Yandex and online food delivery venture Grubhub have announced a multi-year partnership pitched at college campuses in the US. Financial terms of the tie up were not disclosed. Yandex autonomous delivery robots will join Grubhub’s platform, with the service set to be available at select college campuses this autumn. GrubHub partners with more than 250 college campuses across the US. “We chose to partner with Grubhub for campus delivery because of its unparalleled reach into… Source link

Read More »

Yandex Rover robots are now delivering from Moscow supermarkets — Retail Technology Innovation Hub

Yandex Rover robots are now delivering from Moscow supermarkets — Retail Technology Innovation Hub

Customers can choose the robot delivery option on either the Yandex.Eats or Yandex Go apps. Once an order is placed, supermarket staff pick the items and load them onto the Rover, which heads to the customer’s address. Upon its arrival, the customer will receive a notification, and an ‘unlock’ button will appear on the app. Rovers are capable of carrying up to 20kg of goods. In addition to further Moscow expansion, plans are also in place to pilot deliveries in Ann Arbor, Michigan in the US… Source link

Read More »

Apple @ Work: How Google Workspace and Microsoft 365 have led to a boom in email app innovation in the workplace

Apple @ Work: How Google Workspace and Microsoft 365 have led to a boom in email app innovation in the workplace

In 2009, I was starting my career in IT, and even at the time, the idea of managing a local email server seemed like a colossal waste of resources. I began investigating what was then known as Google Apps for your Domain as an alternative to Microsoft Exchange. About Apple @ Work: Bradley Chambers has been managing an enterprise IT network since 2009. Through his experience deploying and managing firewalls, switches, a mobile device management system, enterprise-grade Wi-Fi, 100s of… Source link

Read More »

Yandex.Lavka expands grocery delivery service in Russia — Retail Technology Innovation Hub

Yandex.Lavka expands grocery delivery service in Russia — Retail Technology Innovation Hub

Kazan joins Moscow, St. Petersburg, Nizhny Novgorod, and the suburbs of Tel Aviv, where Yandex.Lavka operates via a network of more than 280 local warehouse sites. It is currently available from 7am to 11:30pm in Kazan, with plans to switch to a 24-hour service. Orders can be placed via the Yandex.Eats, Yandex.Lavka, Yandex Go, and Yandex.Market apps for iOS and Android. Everli Earlier this week, European e-grocery marketplace, Everli, raised $100 million in a Series C funding round led by… Source link

Read More »

Why Cathie Wood’s once hot Ark Innovation ETF has lost all its 2021 gains

Why Cathie Wood’s once hot Ark Innovation ETF has lost all its 2021 gains

What goes up in the stock market inevitably goes down, and that includes one of the hottest ETFs of 2020. Cathie Wood — a money manager who rose to notable fame in 2020 with bold bets on Tesla (TSLA) and other hot tech names — saw her flagship Ark Innovation ETF lose all of its gains for 2021 on Thursday. The ETF shed 5.5% in heavy afternoon trading Thursday, which brings its year-to-date decline to a similar amount. In 2020, the ETF skyrocketed nearly 150%. The pullback for the much… Source link

Read More »

BBVA and Google Cloud Form Strategic Partnership to Drive Security Innovation in Financial Services

BBVA and Google Cloud Form Strategic Partnership to Drive Security Innovation in Financial Services

MADRID and SUNNYVALE, Calif., Feb. 23, 2021 /PRNewswire/ — BBVA and Google Cloud today announced a new strategic partnership to transform the bank’s security strategy by optimizing and improving its security infrastructure. As part of this global agreement, BBVA will collaborate with Google Cloud in the development of groundbreaking new artificial intelligence (AI) and machine learning (ML) models to predict and prevent cyberattacks against its banking infrastructure, providing a more… Source link

Read More »