Shoppers expected to spend $4.2 tln online in 2021, squeezing supply chain
In 2021, all global shoppers are expected to buy 20% more online than the last year. This causes increased pressure over thew supply chain as they struggle to keep up with a surge in demand. From Home Depot to Peloton, major retailers and vendors are under pressure from high transportation and storage costs for expensive-to-ship […]
U.S Consumer Confidence hits 14 Month High; house prices soar
As additional fiscal stimulus allowed for more services businesses to reopen, boosting demand and hiring by companies, the U.S. consumer confidence jumped to a 14-month high in this April. The upbeat survey from the Conference Board, showed a strong increase in vacation plans. This has suggested the economy continued to power ahead early in the […]
Russia fines Apple $12 Million for alleged app market abuse
For alleged abuse of its dominance in the mobile applications market, Apple has been fined $12 million by Russia. This took place in the latest dispute between Moscow and a Western technology firm. The U.S tech giant is Apple. Its distribution of apps through its iOS operating system gave its own products a competitive advantage, […]
Cloud based VR authoring tool with xAPI Capability launched
A virtual reality (VR) authoring tool specifically designed for use in learning and assessment, have been launched by Digital learning and assessment specialists, eCom. The tool has been successfully tested in various fields such as education, construction and medicine. It is called as eNetReality™. This is also continued to be to be trialled by a pilot group of organizations […]