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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.
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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.
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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.

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