US Mobile Commerce

NY Governor launches QR code verification tool for pot products

12/21/202212/20/2022 Sam Lambert

QR code verification for cannabis businesses

Licensed retailers of cannabis products in New York will have a way to prove their offerings are legit. New York Governor Kathy Hochul (D) has unveiled a new business and product QR code verification tool for cannabis businesses, with plans for quick response barcodes to be posted on licensed retailers. The new tool was launched last week along with a promise for an upcoming authorized product symbol. The QR code verification tool was announced just as New York City Mayor Eric Adams (D) held his own press conference to share…

Chipotle trials artificial intelligence solutions to streamline operations

09/30/202209/29/2022 John Montgallo

Artificial intelligence - Chipotle Mexican Grill

The fast-food chain has been aiming to improve employee efficiency through enhanced training. Eight Southern Californian Chipotle Mexican Grill restaurants have started testing the PreciTaste artificial intelligence kitchen management system. The idea behind the system is “demand-based cooking and ingredient preparation forecasts.” The artificial intelligence system employs machine learning to monitor real-time ingredient levels. It alerts employees with respect to the amount of preparation and cooking that are required and notifies them regarding when they should begin cooking. In this way, the system is intended to not only optimize throughput…

JP Morgan acquires Renovite in new cloud payments strategy

09/15/202209/14/2022 Jennifer Goula

The banking giant recently announced the new acquisition and hinted at future plans. JP Morgan hasn’t failed to notice the massive trend toward digital transactions worldwide since the start of the pandemic, and with its new acquisition of Renovite, it’s clear that it is making moves into cloud payments. Digital has become vital to the fast pace of the global financial service sector. Institutions like JP Morgan are being forced to update their transaction infrastructures to keep up the rising volume of digital and cloud payments demands from both individuals…

Tesla Autopilot accused of false self-driving advertising in California

08/15/202208/11/2022 Jennifer Goula

The state transportation regulator has said that the battery electric vehicles are not fully self-driving. California Department of Motor Vehicles (DMV) has accused Elon Musk’s electric car company of falsely advertising its Tesla Autopilot as a fully self-driving feature suggesting that it provides autonomous vehicle control. The regulator has received complaints filed against the feature, saying that the claims were overstated. The regulator has therefore accused the company of misleading prospective customers with its ads overstating the way its Tesla Autopilot advanced driver assistance systems (ADAS) works. The California DMV…

Elon Musk faces lawsuit for backing out of $44 billion Twitter takeover

07/14/202207/13/2022 L. Green

The Tesla and SpaceX founder cited issues with fake accounts as his reason for withdrawing. Elon Musk recently announced that he was abandoning his intentions for a Twitter takeover, claiming that the social media platform was in violation of the agreement they had made. On Tuesday, the social media company filed a court order in Delaware to require the completion of the deal. Twitter Inc. has sued Elon Musk for being in violation of the $44 billion Twitter takeover deal. The lawsuit included a request that a Delaware court order…