Tag: business

What is dropshipping? 6 things to consider before you start it as a side hustle
3Jan By adminNo Comments
Technology

What is dropshipping? 6 things to consider before you start it as a side hustle

[ad_1] What is dropshipping? You buy a new phone case from an online retailer. The phone case arrives safely at your house, the online retailer makes a small profit and everyone is happy. But the phone case didn't come from the retailer's premises. It was sent directly from the manufacturer. The only thing the online retailer did was take your order and organise for the factory to deliver the case to your home. This is “dropshipping”: where an online seller organises to have purchased products sent to buyers directly from the wholesaler or manufacturer, rather than sending it themselves. Many see dropshipping as, if not their main business, then as a valuable side hustle to help bolster income when the cost-of-living crunch is making it hard to make ends meet.In other words, the seller ...
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Tata Group Considers Topping Up Another $1 Billion for Super-App Arm
20Oct By adminNo Comments
Technology

Tata Group Considers Topping Up Another $1 Billion for Super-App Arm

[ad_1] Tata Group is weighing putting in $1 billion of fresh capital into its super app venture as the salt-to-software conglomerate seeks to improve the digital business, according to people familiar with the matter.The injection is on top of the $2 billion that Tata Group invested in the venture earlier this year, the people said, asking not to be identified discussing information that is private. Tata Digital Pvt. will receive the new funding in the coming year should a deal proceed, the people said. The conglomerate has asked the digital unit, which runs its flagship online platform Tata Neu, to streamline its operations and fix glitches in the app to make it more user-friendly, according to one of the people. We are now on WhatsApp. Click to join. Tata Group has also urged the supe...
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Digital clones and Vocaloids may be popular in Japan. Elsewhere, they could get lost in translation
24Aug By adminNo Comments
Technology

Digital clones and Vocaloids may be popular in Japan. Elsewhere, they could get lost in translation

[ad_1] Kazutaka Yonekura dreams of a world where everyone will have their very own digital “clone” — an online avatar that could take on some of our work and daily tasks, such as appearing in Zoom meetings in our place.Yonekura, chief executive of Tokyo startup Alt Inc., believes it could make our lives easier and more efficient. His company is developing a digital double, an animated image that looks and talks just like its owner. The digital clone can be used, for example, by a recruiter to carry out preliminary job interviews, or by a physician to screen patients ahead of checkups. “This liberates you from all the routine (tasks) that you must do tomorrow, the day after tomorrow and the day after that,” he told The Associated Press as he showed off his double — a thumbnail video imag...
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Elon Musk Adds to Goldman Sachs’ Commercial Loan Troubles, FT Says
11Jun By adminNo Comments
Technology

Elon Musk Adds to Goldman Sachs’ Commercial Loan Troubles, FT Says

[ad_1] Elon Musk's refusal to pay Twitter's rent contributed to the surge in commercial real estate loan delinquencies that Goldman Sachs Group Inc. faced in the first quarter, the Financial Times reported.Twitter stopped paying its rent in November and Musk, the world's richest man, told employees he doesn't intend to restart payments or cover those past due, the FT said, citing lawsuits. Columbia Property, which is suing Twitter over the missed payments, defaulted on the loan in February. The value of Goldman loans to commercial real estate borrowers behind on repayments climbed 612% in the first quarter to $840 million, the FT said, citing filings. That compares with a 30% increase to more than $12 billion for the entire US banking industry, the newspaper said. Columbia Property decl...
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Bluesky, championed by Jack Dorsey, was supposed to be Twitter 2.0. Can it succeed?
7Jun By adminNo Comments
Technology

Bluesky, championed by Jack Dorsey, was supposed to be Twitter 2.0. Can it succeed?

[ad_1] Bluesky, the internet's hottest members-only spot at the moment, feels a bit like an exclusive club, populated by some Very Online folks, popular Twitter characters, and fed up ex-users of the Elon Musk-owned platform.Musk is not on it — and this might be part of the appeal for those longing for the way things were before the Tesla billionaire bought Twitter and upended nearly everything about the social network, from rules against harassment to content moderation to its system for verifying prominent users' identities. It also helps that Bluesky grew out of Twitter — a pet project of former CEO Jack Dorsey, who still sits on its board of directors. “It was designed to replace Twitter,” said Sol Messing, who worked at Twitter as a data scientist until January and is now associate...
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AI chips are hot. Here’s what they’re for and why investors see gold
2Jun By adminNo Comments
Technology

AI chips are hot. Here’s what they’re for and why investors see gold

[ad_1] The hottest thing in technology is an unprepossessing sliver of silicon closely related to the chips that power video game graphics. It's an artificial intelligence chip, designed specifically to make building AI systems such as ChatGPT faster and cheaper.Such chips have suddenly taken center stage in what some experts consider an AI revolution that could reshape the technology sector — and possibly the world along with it. Shares of Nvidia, the leading designer of AI chips, rocketed up almost 25% last Thursday after the company forecast a huge jump in revenue that analysts said indicated soaring sales of its products. The company was briefly worth 80 billion transistors — about 13 million more than Apple's latest high-end processor for its MacBook Pro laptop. Unsurprisingly, thi...
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White House unveils new efforts to guide federal research of AI
25May By adminNo Comments
Technology

White House unveils new efforts to guide federal research of AI

[ad_1] The White House on Tuesday announced new efforts to guide federally backed research on artificial intelligence as the Biden administration looks to get a firmer grip on understanding the risks and opportunities of the rapidly evolving technology.Among the moves unveiled by the administration was a tweak to the United States' strategic plan on artificial intelligence research, which was last updated in 2019, to add greater emphasis on international collaboration with allies. White House officials on Tuesday were also hosting a listening session with workers on their firsthand experiences with employers' use of automated technologies for surveillance, monitoring, evaluation, and management. And the U.S. Department of Education's Office of Educational Technology issued a report focu...
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Controversial Weight-Loss App Noom Searches for New CEO
8Oct By adminNo Comments
Technology

Controversial Weight-Loss App Noom Searches for New CEO

[ad_1] Noom, the maker of a controversial weight loss app, is looking for a new CEO to replace co-founder and CEO Saeju Jeong. Noom Inc., the maker of a controversial weight loss app, is looking for a new chief executive officer to replace co-founder and CEO Saeju Jeong. Jeong will remain in the post while the New York-based company conducts an external search for a successor, a spokesperson confirmed. He will become executive chairman when a new CEO is named, the company said Friday in a statement. Noom's other co-founder, Artem Petakov, is president of the company. Noom, which introduced its weight-loss app in 2016, was valued by investors at $3.7 billion in 2021. Its app color-codes foods into categories like green and yellow, tracks calories and offers lifestyle tips in an at...
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