Cash, Plastic or Hand? Amazon Envisions Paying With a Wave
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Cash,
Plastic or Hand? Amazon Envisions Paying With a Wave
Tech giant plans
terminals to let consumers link credit card information to their hands
ByAnnaMaria AndriotisJan. 18,
2020 8:00 am ET
Amazon.com Inc.
wants to make your hand your credit card.
The tech giant is creating checkout terminals that could be
placed in bricks-and-mortar stores and allow shoppers to link their card
information to their hands, according to people familiar with the matter. They
could then pay for purchases with their palms, without having to pull out a
card or phone.
The company plans to pitch the terminals to coffee shops,
fast-food restaurants and other merchants that do lots of repeat business with
their customers, according to some of the people. Amazon declined to comment.
Amazon, like other tech companies, is
trying to further integrate itself into consumers’ financial lives, leaving
banks and card networks on edge. Apple Inc.introduced a
credit card last year, and Google is rolling out checking accounts. If the Amazon
terminals succeed, they could leapfrog mobile wallets such as Apple Pay while
expanding Amazon’s already-extensive access to consumer data.
Amazon’s projects are closely watched
both by tech and financial companies, which are increasingly colliding in
payments. Amazon has been experimenting with payments at its Amazon Go stores,
where customers can walk out without stopping to pay. It has also been building
out Amazon Pay, a digital wallet that consumers can use to make payments at
online merchants not owned by Amazon. Chief Executive Jeff Bezos has stressed the importance of financial
services and payments to some senior executives, The Wall Street Journal
previously reported.
The plans for terminals are in early
stages. Amazon recently began working with Visa Inc. to
test transactions on the terminals and is in discussions with Mastercard Inc., according
to some of the people.
World’s 1st remote brain surgery via 5G network performed in China Published time: 17 Mar, 2019 13:12 · A Chinese surgeon has performed the world’s first remote brain surgery using 5G technology, with the patient 3,000km away from the operating doctor. Dr. Ling Zhipei remotely implanted a neurostimulator into his patient’s brain on Saturday, Chinese state-run media reports . The surgeon manipulated the instruments in the Beijing-based PLAGH hospital from a clinic subsidiary on the southern Hainan island, located 3,000km away. The surgery is said to have lasted three hours and ended successfully. The patient, suffering from Parkinson’s disease, is said to be feeling well after the pioneering operation. The doctor used a computer connected to the next-generation 5G network developed by Chinese tech giant Huawei. The new device enabled a near real-time connection, according to Dr. Ling. “You barely feel that the patient is 3,000 kilometers away,” he said.
Visualizing The Power Of The World's Supercomputers BY TYLER DURDEN FRIDAY, JAN 21, 2022 - 04:15 AM A supercomputer is a machine that is built to handle billions, if not trillions of calculations at once. Each supercomputer is actually made up of many individual computers (known as nodes) that work together in parallel. A common metric for measuring the performance of these machines is flops , or floating point operations per second . In this visualization, Visual Capitalist's Marcus Lu uses November 2021 data from TOP500 to visualize the computing power of the world’s top five supercomputers. For added context, a number of modern consumer devices were included in the comparison. Ranking by Teraflops Because supercomputers can achieve over one quadrillion flops, and consumer devices are much less powerful, we’ve used teraflops as our comparison metric. 1 teraflop = 1,000,000,000,000 (1 trillion) flops. Supercomputer Fugaku was completed in March 202
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