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Artificial Intelligence

  • Facebook launching payments feature for Messenger app

    New York -- Facebook Inc. is adding a new feature to its popular Messenger instant messaging service that will give users the ability to send money to friends. The Messenger app, which separated from Facebook’s main application in 2014, is one of the largest platforms in the world, with a reported 700 million users.

    The new payments tool will be rolled out in the coming months in the United States for desktop computers and Google’s and Apple’s mobile platform. Facebook reportedly built the tool in house. 


  • Study: App security remains risky

    Armonk, N.Y. – Mobile app use continues growing rapidly, but businesses are not keeping pace with security. According to new research from IBM and Ponemon Institute, nearly 40% of more than 400 large companies studied, including many in the Fortune 500, aren’t taking the right precautions to secure the mobile apps they build for customers.

  • SAP opens café/innovation space March 19

    Palo Alto, Calif. – SAP is opening HanaHaus, a new cafe and community workspace that aims to foster a culture of technology innovation, on March 19. Located in Palo Alto, California, HanaHaus seeks to become a central hub of activity that supports new thinking and entrepreneurial energy.

  • Amazon buys Internet of Things provider 2lemetry

    Seattle – Amazon.com is moving forward in the burgeoning arena of the Internet of Things (IoT), but isn’t making a big deal about it. According to multiple media reports, Amazon has purchased 2lemetry, a Denver-based IoT startup, for an undisclosed sum.

    2lemetry provides an enterprise platform that can track and manage Web-connected IoT devices, such as autos and appliances. The company was founded in 2011 and has raised $9 million in venture capital funding since that time.
     

  • Quantum co-founder named CEO

    Chris Allan was a co-founder of Quantum Retail Technology and now he is the company’s CEO too.

    Allan rejoined Quantum, a provider of merchandise optimization and inventory solutions, in late 2014 to lead the company’s retail development and delivery organizations. He will maintain that role in addition to serving as CEO.

  • Facebook buys, integrates personalization engine TheFind.com

    Menlo Park, Calif. – Facebook has purchased personalized shopping engine TheFind.com, with the intent of making its ad more relevant to individual users. The social media giant will integrate TheFind’s functionality into its personalized ad-matching capability, rather than keep TheFind operating as a separate entity.

    In a message on its homepage, TheFind said some employees will make the transition to Facebook.

  • Alibaba wants to change the face of payment

    Hangzhou, China – Chinese e-commerce platform Alibaba Holding Group Inc. wants to change the face of payment. In public comments made at the CeBit technology conference in Hannover, Germany, on March 15, Alibaba chairman Jack Ma said his company’s subsidiary Ant Financial is developing a service called “Smile to Pay” that would let consumers pay for purchases with a facial scan.

  • 'Smoking Holes' and the new age of retail cybersecurity

    Following a recent series of data breaches targeting both large and medium sized retailers, many retailers are investing in technology that will help encrypt credit card data at the point of sale. Although a meaningful way to reduce risk, endpoint encryption is not the silver bullet solution hoped for by many retailers.

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