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Starbucks to use AI to track inventory, free up baristas to connect
TechXplore· 2025-09-04 13:50
Core Insights - Starbucks is implementing AI technology to enhance inventory management across its coffeehouses, aiming to improve product availability and operational efficiency [1][2][4]. Group 1: AI Implementation - The company has introduced "AI-powered automated counting" to assess inventory in thousands of North American locations, replacing manual inventory counting [2][5]. - The technology, developed with NomadGo, utilizes computer vision, 3D spatial intelligence, and augmented reality, achieving 99% accuracy in inventory counting [4]. Group 2: Operational Efficiency - With the new system, inventory is counted eight times more frequently, which helps speed up deliveries and reduce stock-outs [5]. - Employees, referred to as partners, can spend less time on inventory tasks and more time engaging with customers [3][5]. Group 3: Product Strategy - Starbucks is focusing on healthier product offerings, including protein lattes and cold foam, while also maintaining popular high-calorie items like the pumpkin spice latte [7][8]. - The company aims to create a redesigned coffee shop experience that is cost-effective and appealing to health-conscious consumers [7].
Chicago tech entrepreneur Eric Lefkofsky has launched six unicorns, building a legacy far beyond Groupon
TechXplore· 2025-09-04 10:36
Core Insights - Eric Lefkofsky, a notable Chicago entrepreneur, has founded six unicorn companies, including Groupon and Tempus, significantly impacting the tech landscape in Chicago [2][3][8]. Company Overview - Lefkofsky co-founded Groupon in 2008, which once had a valuation of $25 billion but has since declined due to revenue drops, leading to a downsizing in 2024 [5][24]. - Tempus, founded in 2015, is an AI-powered healthcare technology company focused on cancer treatment, currently valued at over $13 billion with a workforce of 4,000 employees [9][16]. Financial Performance - Tempus reported nearly 90% year-over-year revenue growth in Q2 2025, raising its full-year revenue guidance to $1.26 billion and projecting a positive adjusted EBITDA of $5 million for 2025 [16]. - Lefkofsky has invested $100 million into Tempus, which has yet to turn a profit but is expected to do so soon [15][17]. Market Position - Tempus is one of the largest genomic sequencing companies in the U.S., with over 50% of oncologists ordering sequencing tests from the company [15]. - The company is pioneering new technologies in drug research and clinical genomic sequencing, aiming to personalize cancer treatment [13][14]. Future Prospects - Lefkofsky remains focused on Tempus, with plans to continue its growth and integration into mainstream medicine [33]. - The acquisition of Paige, an AI company specializing in digital pathology for $81 million, indicates Tempus's commitment to expanding its technological capabilities [33].
Jury tells Google to pay $425 mn over app privacy
TechXplore· 2025-09-04 08:50
Core Points - A US federal jury has ordered Google to pay approximately $425 million for illegally collecting data from smartphone app usage despite users opting for privacy settings [3][4][5] - The lawsuit, initiated in July 2020, accused Google of intercepting and selling users' mobile app activity data regardless of their privacy choices [4][5][6] - Google plans to appeal the jury's decision, asserting that its privacy tools respect user choices [5][6] Legal Context - The jury's verdict follows a trial in San Francisco and comes after a federal judge recently ruled in favor of Google in a separate antitrust case [4] - The plaintiffs' attorneys claimed that Google's actions violated consumer privacy rights [4][6] Regulatory Environment - France's data protection authority, CNIL, has imposed significant fines on Google for failing to comply with cookie consent laws, including a recent fine of €325 million (approximately $375 million) [8] - This fine is part of a series of penalties against Google for cookie-related violations, totaling €100 million in 2020 and €150 million in 2021 [9]
Record French fines for Google and Shein over cookies
TechXplore· 2025-09-04 08:45
Core Points - France's data protection authority, CNIL, imposed record fines on Google and Shein for cookie law violations, with Google fined 325 million euros ($375 million) and Shein fined 150 million euros ($175 million) [3][4][9] - Both companies failed to obtain users' free and informed consent before placing advertising cookies, which are crucial for online advertising [4][10] - The CNIL has intensified scrutiny of cookie usage over the past five years, particularly targeting high-traffic sites [5] Company-Specific Insights - Google has faced multiple fines from the CNIL, including 100 million euros in 2020 and 150 million euros in 2021, with the latest fine being the largest to date [9] - The CNIL highlighted Google's use of a "cookie wall" during account creation, which did not adequately inform users, leading to a lack of informed consent [10][11] - Google is required to comply with CNIL's regulations within six months, with potential daily penalties of 100,000 euros for non-compliance [11] Shein-Specific Insights - Shein was found to have collected extensive data from 12 million monthly users in France without proper consent or adequate withdrawal options [5][6] - The company has updated its systems to align with CNIL's requirements and plans to appeal the fine, claiming it is disproportionate [6]
Impact of US judge's ruling on Google's search dominance
TechXplore· 2025-09-03 16:50
Core Viewpoint - The recent antitrust ruling allows Google to retain its Chrome browser and maintain existing agreements with major partners, while imposing remedies that require data sharing and prohibit exclusive search engine deals, amidst a changing competitive landscape influenced by AI [2][3][4]. Impact on Google - Judge Amit Mehta did not mandate the sale of Google's Chrome browser, which was a significant concern in the antitrust case [2]. - The ruling includes requirements for Google to share data with other firms to foster competition in search products and prohibits exclusive agreements that make Google the sole search engine on devices [3]. - Google's leadership expressed strong disagreement with the court's initial decision, indicating a potential appeal to the US Supreme Court [4]. Effect on the Wider Tech Sector - The ruling is seen as a pragmatic approach, alleviating legal pressures on Google and potentially benefiting companies like Apple and Mozilla, which rely on Google for revenue [5][8]. - The emergence of generative AI is noted as a factor that may enhance competition in the search market, with the court expressing optimism that Google will not simply outbid competitors for distribution [7]. Implications for Ordinary Users - In the short term, Google will share some search data with competitors, raising concerns about user privacy [9]. - Despite the ruling, Google is not restricted from forming similar distribution deals for its AI products, which could further entrench its market position [11]. - Google Search remains highly utilized, with over 85 billion visits in March 2024, compared to 700 million weekly users for OpenAI's ChatGPT [10].
Amazon may have withstood stricter antitrust rules because of internal build capacity
TechXplore· 2025-09-03 16:30
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain The list of companies acquired by Amazon, now a leader in multiple lines of business, seems endless: Zappos. Whole Foods. MGM Studios. Ring. In total, it snapped up 280 firms between 1998 and 2022. This history has led to the criticism that antitrust enforcers should have blocked many of these ...
Google Flights now lets you filter out basic economy
TechXplore· 2025-09-01 10:37
Core Insights - Google Flights has introduced a new search filter that allows users to exclude basic economy fares when searching for flights within the United States or Canada, enhancing the ability to compare prices with a reasonable level of amenities [2][3]. Group 1: New Features - The new filter enables users to switch between "Economy (include Basic)" and "Economy (exclude Basic)" on the search page, in addition to options for premium, business, and first-class tickets [2]. - This feature aims to simplify the comparison of flight prices while considering additional amenities that come with regular economy fares [2]. Group 2: Market Impact - An example of the new filter's impact shows a round trip from Minneapolis-St. Paul to Toronto, where a Basic ticket on Air Canada costs $402, while excluding basic options raises the fare to $619 for a Main Classic ticket on Delta Air Lines [3]. - The new filter appears to exclude airlines like Sun Country Airlines, which charges additional fees for seat selection and baggage, despite having the lowest base fare of $249 for the same trip [3].
AI giant Nvidia beats earnings expectations but shares fall
TechXplore· 2025-08-28 08:40
Core Insights - Nvidia reported quarterly earnings of $26.4 billion on record revenue of $46.7 billion, driven by high demand for AI chips, but shares fell due to concerns over a potential AI chip spending bubble and stalled business in China [3][4][11] - Revenue from Nvidia's Data Center compute products declined by 1% from the previous quarter, primarily due to a $4 billion drop in sales of H20 chips designed for the Chinese market [4][5] - Nvidia projected $54 billion in revenue for the current quarter, excluding H20 sales, indicating a significant reliance on other product lines [4] Market Dynamics - The demand for Nvidia's high-end GPUs remains strong among tech giants investing in AI data centers, but there are concerns about the sustainability of these investments [5][11] - The top four cloud computing service providers are expected to spend approximately $600 billion on AI infrastructure this year, suggesting a substantial market opportunity for Nvidia [12] Geopolitical Factors - US export restrictions are impacting Nvidia's ability to sell H20 chips in China, with President Trump confirming a 15% revenue cut from these sales [6][7] - Beijing has raised national security concerns regarding Nvidia chips, urging local businesses to rely on domestic semiconductor suppliers [8] - Nvidia's CEO emphasized the importance of the China market, estimating it to be a $50 billion opportunity for the company this year, while navigating geopolitical challenges [9][10]
YouTube TV subscribers may lose access to Fox content, including sports, due to contract dispute
TechXplore· 2025-08-27 18:28
Core Viewpoint - YouTube TV is at risk of losing access to Fox channels, including sports content, due to a contract dispute that needs resolution by a specified deadline [2][3][5]. Group 1: Contract Dispute - The current carriage agreement between YouTube TV and Fox is nearing its renewal deadline, with a critical decision required by 5 p.m. ET on Wednesday [3]. - Fox has expressed disappointment over Google's proposed terms, claiming they are not aligned with market standards [5]. Group 2: Financial Implications - YouTube stated that Fox is demanding payments significantly higher than those received by other partners with similar content offerings [4]. - YouTube TV's base plan costs $82.99 per month, and if Fox content becomes unavailable for an extended period, YouTube will offer subscribers a $10 credit [4]. Group 3: Regulatory Attention - Brendan Carr, chairman of the Federal Communications Commission, has urged Google to finalize a deal, emphasizing the importance of maintaining Fox channels for millions of viewers [6].
Google's bill for grabbing kids YouTube user data hits $200 million with new $30 million settlement
TechXplore· 2025-08-26 11:07
Core Points - Google has agreed to pay $30 million to settle a lawsuit regarding the collection of data from children under 13 on its YouTube platform [1] - The lawsuit claims that Google manipulated children by using their personal information to increase their time on YouTube, thereby boosting targeted advertisements and revenue [2] - Google admitted no wrongdoing in the settlement but argued that the lawsuit did not specify losses or prove that its data collection was beyond routine commercial behavior [3] Settlement Details - The settlement, pending court approval, could benefit an estimated 35 million to 45 million children who watched content on YouTube between July 1, 2013, and April 1, 2020 [5] - Lawyers estimate that claimants will receive at least $30 each, as only a small fraction of eligible individuals typically submit claims [5] - Following a previous settlement with the FTC and New York, Google stated it would limit data collection on children's videos and cease personalized ads for such content [6] Ongoing Legal Issues - Google is currently facing another lawsuit related to data collection from children through its education products, with allegations of tracking students' online activities and creating detailed profiles for marketing purposes [8][9] - The company maintains that data collected from its education services is not used for targeted advertising and emphasizes strong controls to protect student data [10] - In 2020, Google settled a lawsuit in New Mexico for $3.8 million related to data collection from children, establishing a privacy initiative in the state [11] Industry Context - The settlement comes amid increased scrutiny of Big Tech's practices regarding child users, particularly following revelations about Meta's AI bots interacting with children under 13 [12]