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Government plans to raise Rs 10,000 crore from sale of Air India units & assets
Wednesday, May 15, 2019, 9:14 AM
The government is planning to raise Rs 10,000 crore by selling subsidiaries and assets belonging to Air India. The proceeds from the sale will be used to pay off a portion of the Rs 29,000-crore loan which the government had taken over from the flag carrier. The funds will be raised by sale of AIATSL, AIESL and AASL, The Economic Times reported.
Amazon rolls out machines that pack orders and replace jobs
Tuesday, May 14, 2019, 7:45 AM
Amazon.com is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item, two people who worked on the project told Reuters.
Facebook working on voice assistant to rival Amazon's Alexa
Thursday, April 18, 2019, 6:07 PM
Facebook is building its own voice-based AI-powered digital assistant to rival existing ones including Apple's Siri and Amazon Alexa. Facebook said it aims to make its assistant "work across [its] family of AR/VR products including Portal, Oculus and future products". Notably, Facebook had launched the M assistant for Messenger in 2015, which it eventually removed in 2018.
