Amazon and Flipkart might have to give their source code to the Indian government

Online retailers such as Amazon and Walmart-owned Flipkart might have to hand over their site’s source code and core algorithms to the Indian government. According to a report by Bloomberg, a new draft ecommerce policy that seeks to bring competitiveness in the market, list this as a mandate. The draft bill also asks if companies are using “explainable AI” (XAI) — a type of AI that makes solutions and methods understandable for humans. The bill tackles the question of storing the data locally, but leaves it open by saying that after consultation the government “will define the categories of e-commerce that would… This story continues at The Next Web Or… Read More

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Uber will acquire food delivery startup Postmates in $2.6 billion all-stock deal, reports say

Uber is set to acquire food delivery startup Postmates in a $2.6 billion deal, The New York Times and Bloomberg reported on Sunday. Sources told Bloomberg and The Times that the all-stock deal could be announced as soon as Monday. Postmates was co-founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011 and has grown to include a fleet of over 500,000 members and 600,000 merchants across 50 states. Last month, Uber lost out to European food delivery service Just Eat Takeaway in a deal to buy US-based Grubhub for $7.3 billion. According to CNBC, Uber may have pulled out of the deal over antitrust concerns. Visit Business Insider’s… Read More

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THE INTERNET OF THINGS 2020: Here’s what over 400 IoT decision-makers say about the future of enterprise connectivity and how IoT companies can use it to grow revenue

This is a preview of The Internet of Things 2020 research report from Business Insider Intelligence. Purchase this report. Business Insider Intelligence offers even more technology coverage with Connectivity & Tech Pro. Subscribe today to receive industry-changing connectivity news and analysis to your inbox. IoT systems and solutions are iterating rapidly, and providers are coming to meet more and more of companies’ and consumers’ needs. Emerging tools and technologies like smart speakers, machine learning, and 5G are enabling huge gains to efficiency and more control at home and in the workplace. The continued growth of the IoT industry is going to be a transformative force across all organizations. By integrating… Read More

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Remains of missing Texas soldier Vanessa Guillen have been identified, family lawyer says

The remains of Vanessa Guillen, a 20-year-old soldier that went missing over two months ago, have been identified, an attorney for Guillen’s family told Associated Press. Human remains were found last week near the Fort Hood Army Base in Texas, where Guillen disappeared from on April 22. According to the Army CID, one military suspect killed himself on June 30 after Army investigators tried to make contact with him in relation to Guillen’s disappearance. According to AP, a criminal complaint released Thursday by the US Attorney’s Office for the Western District of Texas says that civilian Cecily Aguilar has been arrested and charged with helping hide Guillen’s body. Visit Business… Read More

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Nick Cordero Dead: Canadian Actor Dies After COVID-19 Complications

Canadian actor Nick Cordero, who found fame playing tough guys on Broadway, has died at the age of 41. He died Sunday at Cedars-Sinai Hospital in Los Angeles after COVID-19 complications that lasted more than 90 days and included an amputated leg and seven weeks in a medically induced coma. His wife, actor Amanda Kloots, shared the news on Instagram. View this post on Instagram A post shared by AK! ⭐️ (@amandakloots) on Jul 5, 2020 at 6:05pm PDT “Nick was such a bright light. He was everyone’s friend, loved to listen, help and especially talk. He was an incredible actor and musician. He loved his family and loved being… Read More

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