Cashier-free Amazon store a no Go; Elon Musk wants to hack your brain, and more news
Turns out if a store has a few customers and they move things around on shelves, the bots go batty, and Bill Gross gets his revenge on Pimco. Read on...
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Amazon is postponing opening its futuristic, cashier-free, bricks-and-mortar store to the public as they work out some technical difficulties, the Wall Street Journal reports. Evidently they're having trouble keeping track of more than 20 people at a time and lose track of an item that's been moved slightly. In other words, things that one clerk would have no trouble with.
Pimco settled a breach-of-contract suit by former star manager Bill Gross for $81 million, "ending a feud that shook the investing world," per the Wall Street Journal. Gross abruptly left Pimco in September 2014 and sued in 2015 for at least $200 million, alleging he'd been forced out. Gross promised to donate any proceeds to charity, a vow confirmed in a joint news release. (Scott Eells/Bloomberg via Getty)
Elon Musk wants to fight the AI he wants us to fear by giving humans a bit of machine assist. The Wall Street Journal reports the entrepreneur behind Tesla and SpaceX has created a new company, Neuralink, which is in the business of "implanting tiny brain electrodes that may one day upload and download thoughts." Musk tipped his interest in so-called neural lace tech earlier this year. (Krisztian Bocsi/Bloomberg via Getty)
NFL team owners voted to allow the Raiders to relocate from Oakland to Las Vegas, only the second major league team slated for the nation's gambling capital. The reluctance is obvious, as the New York Times see it, since it "would lead more players and referees to rub elbows with unsavory characters from the gambling world trying to influence games." But it's even harder to pass on "the city’s booming tourist trade and image of excitement."
The Dow closed down for the eighth consecutive session, the longest slide for the widely-watched index since 2011. The Dow and the wider market have been on a tear since election day, so pullback is hardly unusual. But CNBC also says that investors are reassessing "the prospects of key White House proposals, including tax reform, coming to fruition."
Uber said its driverless cars would be back on the road today in all three cities where it had been testing before one of their AVs was involved in a crash Friday. San Francisco was the first to resume, and road tests in Tempe and Pittsburgh will resume shortly.
Cover Art: An Amazon employee outside the Amazon Go brick-and-mortar grocery store in Seattle Washington, Dec. 5, 2016. REUTERS/Jason Redmond
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