JPMorgan Chase is all set to revolutionize the concept of ATM cash withdrawals. The bank will introduce the new system in the form of e-ATMs which will basically render bank cards redundant. The machines will dispense cash via a simple mobile app, in different denominations like $1, $5, $20, and $100 bills. At the same time, Chase has increased the withdrawal limit by three times, at $3000.
Sectors
Some Tech Startups Will Be Rabbits in 2016, Said Venture Capital Analyst
Unicorn is a term defining a startup company with over $1 billion valuation. Now, there will be other group of tech startups defined as "rabbit" to differentiate them from unicorns-overhype that become unicorpse.
Starbucks Decided to Retreat From Tea Markets, Closing 4 out of Its 5 Teavana Tea Bar
Three stores in New York will be converted to Starbucks stores, one store in Beverly Hills will be closed completely, one other in Seattle will remain open. More than 350 retail locations will also continue to sell the Teavana products, and some of the menus will be incorporated into Starbucks' menu.
TotalBiscuit leaves social media: Bids an emotional goodbye
When we say TotalBiscuit, it’s the video game YouTuber John Bain. He bids an emotional goodbye to social media citing that he is not able to accept criticisms among other reasons.
Firefox 44: Mozilla Introduced Updated Browser, Allows Push Notifications Even From Unloaded Sites
Mozilla has introduced a new version of its browser on Tuesday that allows push notifications even from unloaded sites. The new feature is super useful for websites like email, weather, social networks and shopping, which are usually frequently browsed for updates. This saves battery life and system resources. Through introducing the updated browser, Mozilla also keeps its earlier commitments, pledged along with other browser makers, for dropping RC4 support in 2016.
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Zika virus outbreak is taking a toll on many countries around the world including Brazil which has raised concerns on the spread of infection among US population as well. Oxitec, a british company is set to release GM mosquitoes to contain the insect population in Brazil.
Oculus Studio, animation studio established by Oculus VR Inc introduced Quill. The animation tool enable illustrator to draw and make animation inside a VR to enhance the film making process in 3D environment.
Angelsense is an application that can be used to track the locations of children with autism. Children with autism are often wandering off. With the features in this application, parents can find out where their children are, and also receive alert messages if their children move to unusual locations.
The Drone Racing League already announce its first season that would take place in Miami this year. The league will involve only skilled pilots to compete in its six courses of races. The league hopes that they could be as big as NASCAR, Formula 1, or MotoGP.
Tech startup Slack Technologies hires Noah Weiss to lead the company's Search, Learning and Intelligence group. This indicates Sack Technologies interest to invest more on artificial intelligence.
Microsoft today unveiled a news application aimed at iOS users that is similar to Apple built in news app. However, the app is currently only available for the United States users.
New Mexico has become the first US state to sue the German automaker, Volkswagen, for breaching the Clean Air Act with huge levels of emissions as well as for trade malpractices. The allegation is the company sold as many as 4000-10000 faulty models whose nitrogen-oxide emissions exceeded the limits by 40%, which could cost VW almost $20 billion in fines.
The United States could reduce its greenhouse gas emissions from power production sector within the next 15 years by raising their investment in renewable resources like solar and wind, according to study findings.
BMW becomes the first car to integrate a unique free feature into its vehicles, the IFTTT (If This Then That) services. This feature provides its customers with a host of personalized services through a newly built platform called BMW Labs. The customers are now able to automatically open garage doors while pulling into the driveway. They can send auto-alerts to spouse upon picking up kids from school, and even get the exact location of the parking spot in a Google Maps link.
