Business
Facebook is, without exaggeration, a money factory. But not all areas of the business that the US company Meta Platforms is involved in are ideal. In particular, the virtual reality (VR) division is showing unflattering figures, which company boss Mark Zuckerberg sees a future in. So now VR is trying to get into positive numbers, basically d...
The CEO of Advanced Micro Devices (AMD) has engineered one of the biggest turnarounds in Silicon Valley history, boosting the share price of the ailing semiconductor maker more than 30 times in less than 10 years. It is now gearing up for the battle in artificial intelligence (AI) as part of the coming revolution. Today, AMD is a well-known a...
Last autumn, South Korean chain GS Retail introduced vending machines in its stores on a trial basis, where gold bars can be bought. They have met with unexpected interest from customers, who have already spent CZK 420 million in them. Small shops, which in our terms could be described as something between a convenience store, a convenience s...
Ordinary spectators will not be able to buy alcoholic beverages at the sports venues at next year's Summer Olympics in Paris. They will only be available to VIP guests backstage. Organisers of the Paris Olympics have announced that fans will only be able to buy non-alcoholic drinks at stadiums and other sports venues. They are referring to a ...
Upside Foods and Good Meat USA have been granted permission to sell meat that has been grown from animal cells. California, known for pushing the boundaries of what is possible, is once again becoming the center of a new technology trend: lab-grown meat. Last week, the U.S. Department of Agriculture approved the sale of meat that has been der...
It is beginning to seem that time is the new currency of our time. Companies like IKEA are using innovative marketing techniques to encourage customers to spend more time in the store. One example is the "Shop with Time" campaign at IKEA Dubai, where customers can pay for their purchases with the time they spend on the way to the store. This ...
The number of cases where the Apple Watch smartwatch has proven to be not only a movement and health tracker, but also a life saver, continues to grow. One of these cases occurred recently with a user in Cincinnati, USA. Twenty-nine-year-old Kimmie Watkins from Cincinnati owes her Apple Watch for saving her life after doctors discovered a lif...
Amazon is facing allegations that it improperly signed up millions of users to the paid Amazon Prime program and made it harder for them to cancel the premium service. The internet giant is being taken to court by the US Federal Trade Commission (FTC). This was pointed out by CNN. The commission announced the filing of the lawsuit on its webs...
Google is facing the prospect of having to sell part of its internet empire, with the European Commission (EC) ordering the US company to "discontinue its lucrative digital advertising business". This is in direct response to concerns that Google could abuse its dominant position in the European market. This was reported by Reuters, citing an of...
