Altamash Jaffer

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Zara to to introduce augmented reality displays from April in a bid to lure millennials to their stores

Zara, the fashion chain owned by the world’s biggest clothing retailer Inditex, will introduce <b>augmented reality</b> displays from April, it said on …

Augmented Reality

Opening a bank is a genius move for Amazon

Amazon is reportedly looking at getting into the retail banking space. According to The Wall Street Journal, the company is contemplating launching a new checking account that would cater to young people and “the unbanked” — those defined as having struggled to gain access to traditional financial …

Amazon sellers are not always trustworthy, but this new tool will expose them before you buy

Try buying a bottle of Matrix Biolage Hydrasource shampoo on Amazon and you may very well be directed to the listing of a Prime seller with a 99 …

eCommerce

These Are the 5 Best Books on Investing, Period

MONEY readers—and Warren Buffett—weigh in.<p>There are a lot of books out there full of investment advice, but it can be tough cutting through the …

This Is What Happens When Bitcoin Miners Take Over Your Town

Eastern Washington had cheap power and tons of space. Then the suitcases of cash started arriving.<p><b>EAST WENATCHEE, Washington—Hands on the</b> wheel, eyes squinting against the winter sun, Lauren Miehe eases his Land Rover down the main drag and tells me how he used to spot promising sites to build a …

Bitcoin

Fintech could be bigger than ATMs, PayPal, and Bitcoin combined

Fintech broke onto the scene as a disruptive force following the 2008 crisis, but the industry's influence on the broader financial services system is changing.<p>The fintech industry no longer stands clearly apart from financial services proper, and is increasingly growing embedded in mainstream …

ATMs

When One App Rules Them All: The Case of WeChat and Mobile in China - by Connie Chan

While seemingly just a messaging app, WeChat is actually more of a portal, a platform, and even a mobile operating system depending on how you look …

Mobile

This Chinese messaging app is taking the country by storm — and Facebook should pay attention

Earlier this year, Tencent, the company that owns WeChat, reported that four-year-old WeChat now has 549 million monthly active users (MAUs). At the end of last year, the company had 500 million, meaning its user base had jumped up 9.8 percent in a matter of months.<p>Facebook Messenger, by …

Tesco and Morrisons are fastest growing of big four supermarkets, says Kantar

TESCO and Morrisons were the fastest growing of the big four supermarkets over the last quarter, according to the latest data from Kantar …

All modern critiques of inequality owe a debt to the Indian economist Amartya Sen

Critiques of capitalism come in two varieties. First, there is the moral or spiritual critique. This critique rejects <i>Homo economicus</i> as the organising heuristic of human affairs. Human beings, it says, need more than material things to prosper. Calculating power is only a small part of what makes …

Economics

Tencent might make kids do chores to earn mobile playtime

The game maker is exploring a feature that lets parents and children negotiate playtime in exchange for household chores or academic achievements.<p>Tencent is still working out how to respond to concerns about addiction to Honour of Kings, China's most popular mobile game<p>Last year, it began limiting …

Kids

An app you've probably never heard of is the most important social network in China

You may have never heard of WeChat, but it's the most important app in China right now.<p>WeChat users can do just about anything, including play games, send money to people, make video calls, order food, read the news, book a doctor appointment, and more. It's basically China's version of …

Amazon wants to start offering bank accounts

Besides e-commerce and tech, Amazon also has its fingers in the brick-and-mortar retail, grocery, and shipping businesses, to name just a few. Its …

Amazon Prime vs. Sam's Club Plus: The Online Shopping Face-Off

Sam’s Club has been long been a favorite among consumers who like to carry home bulk purchases at bargain prices. Now the Walmart-owned warehouse …

Walmart adds prepared meals to stores as way to ward off competitors like Amazon, Blue Apron

<b>By Matthew Boyle</b>, <i>Bloomberg</i><p>Walmart will start offering prepared meals at its stores for the first time, a move that could help the nation’s biggest …

Amazon wants to make it easier to shop its website without a credit card

Amazon is in early talks with financial institutions including J.P. Morgan Chase to help launch checking account-like products, aimed at younger …

7-Eleven

This Could Be Amazon's Next Big Service

There's another $50 billion opportunity waiting for Amazon.<p>There's a lot more to <b>Amazon</b> (NASDAQ:AMZN) than its core retail business. Practically all …

It’s time to reimagine South Asia: On India-China-Pakistan cooperation

A few months ago, Anjum Altaf, former dean of the prestigious Lahore University of Management Sciences (LUMS), wrote an article in the <i>Dawn</i> newspaper, …

20 ICOs to watch in March

In an attempt to predict startup success from their inception, I and four of my colleagues at NYU developed an AI-powered engine and conducted a digital footprint analysis of more than 6,000 founders using data points such as educational background, employment history, entrepreneurial experience, …

Cryptocurrency

Why retail’s artificial intelligence bet is all wrong

Everyone seems to be “using” artificial intelligence these days. So is retail. Big players like Amazon and Target are pouring huge amounts of resources into machine learning, and many companies sell “Artificial intelligence” tools for the retail industry.<p>There’s just one problem. Most of what the …

Shortly, even the CEO will be outsourced to an online labor marketplace

Over the past decade, there has been a ferocious rise in the freelance economy in the United States. Millions of people today work on platforms ranging from Uber and Lyft to Taskrabbit and Fiverr, accepting what are usually short-term tasks that can be completed efficiently and repeatedly. While …

Kohl's and Aldi Have a Really Creative Idea That Could Totally Change How Their Stores Work

Here's a question: What do you do with an 87,000-square foot department store in 2018?<p>Kohl's has a problem--and they're teaming up with Aldi supermarkets in what might amount to a really creative solution.<p>First the problem: There are too many Kohl's stores, and a lot of them are too big.<p>This is …

The new wave of AR

UK companies are setting the global standard for<br>the next wave of breakthroughs, particularly in technology.<p>The new wave of augmented …

The Design Theory Behind Amazon’s $5.6 Billion Success

Amazon’s success brings into relief a principle that is sometimes hard to swallow in the design community: Successful design is not necessarily beautiful.<p>Amazon is undoubtedly the most significant force in the digital transformation of commerce: an estimated 44% of all online sales are on Amazon, …

eCommerce

Kerala’s all-women collective Kudambashree is now selling its goods online

Now, with the click of one button Kudumbashree products can come home to you.<p>Kudumbashree is the Kerala government’s women empowerment programme. In …

Amazon.com Is Giving Prime Members Some Big Incentives to Shop at Whole Foods

Free delivery and an extra discount for credit card holders on top of it could make shoppers more loyal.<p>When <b>Amazon.com</b> (NASDAQ:AMZN) acquired Whole …

Why International Tourism Will Be A Bright Spot For U.S. Brick-And-Mortar Retail In 2018

While the primary factor for the slow death of brick-and-mortar retail is that more consumers are shopping online, a secondary factor for many of these retailers has been a decrease in international travel to the U.S. A strong dollar has deterred many tourists and impacted their ability to spend on …

San Francisco

Indigo Fair raises $12M to connect wholesalers with smaller retail outlets with a smarter service

Max Rhodes was walking around that weird little parklet in Hayes Valley in San Francisco after taking a break from a five-year stint at Square to figure out what he wanted to do next — and he kept seeing Square registers everywhere.<p>It was spotting them over and over again in smaller retail shops …

Here's How Much Money You Have to Make to Be Satisfied and Happy

It's only a fraction of the millions you dream about.<p>How many times have you thought, <i>If I just made $5,000 or $10,000 more per year, then I’d be happy</i>?<p>Turns out, a marginal raise like this might be the key to feeling satisfied and happy for some. Psychology researchers from Purdue University and …

Usermind raises $23.5M to become the IFTTT of customer experience

Usermind Inc., a Seattle-based startup working to improve customer experience with automation, today announced that it has secured a $23.5 million …