Machine Learning

Black & Decker has introduced the GYRO 4V MAX Lithium-ion Rechargeable Screwdriver (BDCS40G), a motion-activated screwdriver that controls variable speed and direction. The variable speed feature and direction change that occurs with a twist of the wrist provide improved control.

With the screwdriver’s gyroscopic technology, users only need to rotate their wrist one-quarter turn to the right for forward or left for reverse.

Armonk, N.Y. -- IBM announced a definitive agreement to acquire Vivisimo, a leading provider of federated discovery and navigation software that helps organizations access and analyze big data across the enterprise. Vivisimo is a privately held company based in Pittsburgh. Financial terms were not disclosed.

SAN BRUNO, Calif. — Walmart is looking to help holiday shoppers find the perfect gift this season with the launch of a new social shopping application.

Bensalem, Pa. -- Charming Shoppes’s plus-size Lane Bryant division announced the launch of Fashion Genius, a new technology that provides personalized product recommendation services. According to the retailer, the technology offers one-of-a-kind fit and style solution guides through a simple survey that combines a woman’s curves, fit issues and signature styles to individual merchandise items in just three minutes and with no measurements required.

New York -- LexisNexis announced that it has a launched a suite of products designed to protect retailers from the risks associated card-not-present, or fraudulent credit card orders.

According to LexisNexis' 2010 True Cost of Fraud Study, conducted by Javelin Strategy & Research, retailers are consistently experiencing more than $100 billion in annual fraud losses.

San Diego -- Teradata Corp. signed a definitive agreement to acquire Aster Data Systems, a market leader and pioneer in advanced analytics and the management of a variety of diverse data that is not structured.

NORTHFIELD, Ill. — A few years after launching its iFood assistant, a tool for on-the-go users that provides recipes and entertainment tips, Kraft is taking meal planning to the next level.

Teaming up with technology innovator Intel, new Kraft Meal Planning Solutions transforms traditional self-service kiosks into a platform where consumers can obtain recipes, shopping suggestions, promotional coupons and even product samples. The kiosks reportedly also will use facial recognition to determine a consumer's gender and will suggest dinner meal options.

Mountain View, Calif. -- Survey results released Tuesday by CyberSource, a Visa Co., showed that the online fraud rate has remained flat in the United States and Canada; however, U.K. merchants are seeing a rise in e-commerce fraud.

According to the annual surveys of e-commerce fraud in North America and the United Kingdom, the 2010 fraud rate (the percent of accepted orders which later turn out to be fraudulent) remained at 0.9% for the second straight year.

Dallas -- SAF AG said Monday that Roller, a German furniture discounter, will utilize SAF RetailSuite Store software to create automatic orders to optimize the replenishment process and regain valuable time for customer service.

The company signed a license agreement and will use the solution across its 100 stores in Europe.