Walmart Stops Using Robots for Inventory Management Posted December 17, 2020 American retail company Walmart has announced that it will stop using robots in the 500 stores where the machines are deployed. Walmart chose to terminate its …
Report: Machines to Do Half of All Jobs in Five Years Posted December 15, 2020 Robots and machines will handle half of all jobs by 2025, according to a recent report by the World Economic Forum (WEF). The report surveyed 300 of the world’s largest compani…
Adidas to Sell Its Reebok Brand Posted December 8, 2020 German sportswear giant Adidas is planning to sell its Reebok brand 14 years after acquiring it. According to one report, Adidas is aiming to complete the sale early next year.…
Target Gives Out Additional Bonuses to Frontline Workers Posted November 26, 2020 American retail company Target gave a $200 bonus to each of its frontline employees in early November. More than 350,000 of its employees were given rewards for their contribut…
Retail Company Fined for Data Privacy Violation Posted November 21, 2020 H&M Germany was fined millions of dollars for violating its employees’ data privacy. The Hamburg Commissioner for Data Protection and Freedom of Information (HmbBfDI) repor…
Subway Sandwiches Not Legally Bread, Irish Supreme Court Rules Posted November 13, 2020 Ireland’s Supreme Court recently ruled that bread used by Subway restaurants is not actually bread because of its high sugar content. The ruling was made after one Subway franc…
Intel Rebrands Its Logo Posted November 5, 2020 American technology company Intel has rebranded its logo with the release of its 11th generation chips. The company decided to remodel the logo with a simpler typeface
Vinyl Records Outsell CDs in US Posted November 2, 2020 Vinyl records have been the top-selling physical media format in the United States for the first time in almost 40 years. According to the Recording Industry Association of Ame…
Electric Vehicle Startup Launches E-Motorcycle Posted October 24, 2020 Tarform, a New York-based electric vehicle startup, has launched a new e-motorcycle. The Tarform Luna was developed based on the company's mission to create sustainable e-motor…
Indian Start-Up Creates Vegan Leather from Flowers Posted October 18, 2020 Indian start-up Phool.co has found a way to turn discarded temple flowers into vegan leather called “fleather.” Three years ago, the start-up was founded by An…