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Google Voice Activated Shopping Gives An Open Challenge To Amazon!



Google’s Voice Activated Shopping Gives An Open Challenge To Amazon!

World’s largest search engine company Google had put a step forward by launching its first ever “Voice Activated Shopping.” This is done by its artificial intelligence powered Home Speakers. This upcoming feature will be a direct challenge to Amazon’s Alexa devices.

Google’s Assistant Manager David Wang said in a report: “If you are picking up paper towels or stocking up on coffee is on your list, then this one is for you.”


This feature is introduced to enable users to shop even if they are deadly packed with their busy schedules.

This service is tied up with giant delivery arms like Google Express which includes Walgreens, PetSmart and Bed Bath & Beyond.

Customers have an option of adding payment information to their accounts to enable voice-activated shopping. This is actually an added feature on Amazon devices powered by the digital assistant called Alexa.

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Bitcoin Slips Below $ 13,000



Bitcoin, the world’s fastest growing cryptocurrency fell more than 21% on Friday dropping to $ 12,191.80 as of 3:47 P.M. in Hong Kong. The value of the cryptocurrency fell down as much as 38% from its peak of $ 19,511.

Despite the steep decline in value, the digital currency is still up in value by more than 1,100% since the beginning of the year. According to, with Bitcoin’s decline in value, other cryptocurrencies also plunged with Ethereum losing as much as 26% over the past 24 hours.

On Sunday, Bitcoin rose to as much as $ 19,666 in the lead up to exchange giant CME Group’s launch of bitcoin futures. Nevertheless, the currency seems to have lost steam post the launch. The current plunge comes amid growing signs of mania among regulators and investors for anything cryptocurrency related.

However, this is not the first time the cryptocurrency saw a steep decline in value. In November this year, Bitcoin tumbled by almost 30% in 4 days, falling to $ 5,555 from $ 7,888. Similarly, in September, the virtual currency fell by 40% to $ 2,972 from $ 4,979. Overall, in 2017, Bitcoin soared about 19 times reaching bubble territory.

Many policymakers and market analysts spurred caution and alarm calling all forms of cryptocurrencies ‘dangerous’ due to the lack of regulations. Indian market regulator Securities and Exchange Board of India (SEBI) also issued a warning against all Initial Coin Offerings (ICOs) claiming Bitcoins or any such cryptocurrencies, is not an approved product by the Reserve Bank of India (RBI) or any other agency. China was one of the first countries to ban all local cryptocurrencies exchanges and tradings. Post China’s decision to ban ICOs, South Korea also banned raising money through ICOs in an effort to protect investors from fraud by the use of any forms of virtual currencies.

Although CME and its rival Cboe Global Market’s move to list bitcoin futures has given the digital currency some perceived legitimacy, a majority of the policymakers are still on the fence and remain skeptical.

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Flipkart To Launch Artificial Intelligence Unit, AIForIndia



After launching the first data analytics brand, Billion, Flipkart is all set to create an Artificial Intelligence unit called AIForIndia in order to strengthen its business offerings.

The ecommerce giant is looking at expanding its services by investing millions of dollars into the venture and has already initiated its hiring process. Flipkart is looking to hire AI specialists for this particular project and is considering hiring people from the IIT sector for the project.

The AIForIndia project will be headed by Chief Data Scientist, Mayur Datar, Bansal and Flipkart’s Chief Executive Offidcer, Kalyan Krishnamurthy. The company is expected to reap benefits of the new technologies to solve issues both on the consumer and supply sides.

Not just in India, this ecommerce giant is also looking at expanding their reach into the United States as well. Flipkart has been on an acquiring spree since earlier this year when it acquired Silicon Valley based F7 Labs. According to reports, F7 Labs has already started working on an AI project called Mira.

Apart from this, Flipkart has also tied up with Microsoft in order to leverage its position in the AI and machine learning space. This is being done in order to better understand the world of machines and t0 foster a better relationship with sales.

Flipkart has been making a lot of new additions, thereby securing its position as a leading ecommerce platform. To make matters interesting, Flipkart’s fashion arm, Myntra, has started using these new technologies in order to sell products more efficiently.

Through this artificial intelligence process, customers can order online using their voice only. The ecommerce giant is all geared up to double down its work with artificial intelligence technologies, across operations ranging from conversational search, visual similarity, better last mile delivery, fraud detection, personalization to warehousing.

Right now, the use of AI is moderate. There are some interesting projects in the marketplace, customer support, search and personalization. You will see much more innovation coming out of Flipkart in the next year…this is going to be a big game changer for us,” said the Executive Chairman of Flipkart, Sachin Bansal.

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Bitcoin Interrupted. Slumps From Its All Time High By 20 %



As of Sunday, the value of Bitcoin stood at $ 19,666 on Bitstamp, reaching a new record for cryptocurrencies. Unfortunately for Bitcoin, the value steadily kept reducing from this astonishingly high.  Bitcoin fell by more than 10 % Today, reaching an all time low of $ 15,800 at cryptocurrency exchange, Bitstamp. Through this fall, Bitcoin lost more than one fifth of its peak value.

Bitcoin’s monumental gains this year ensured that its price soared about 19 times. This has spurred both caution and alarm among some policymakers. Its decline since Sunday is hardly a major concern for the digital currency. In November, it tumbled almost 30% in four days from $ 7,888 to $ 5,555. In September, it fell 40% from $ 4,979 to $ 2,972. A host of financial professionals have said that at present, Bitcoin is just a typical bubble, given how small the number of transactions are, that are conducted with this particular form of cryptocurrency.

At present, the market capitalization of Bitcoin stands at $ 275 billion, a figure which is slightly bigger than Visa Inc.  The market is highly inefficient with bitcoin futures trading much above cash value while the gaps of price quotes between various exchanges is also very large. Bitcoin was invented in 2009 by an individual whose identity still remains undiscovered. The booming cryptocurrencies market offers great hope, but also presents security risks and concerns.

We do not have a formal position on blockchain currencies and cryptocurrencies at this point. Blockchain technologies operate in a way that there’s, I guess, great hope and promise. They also present some security risks and concern for us,” the White House Homeland Security Advisor Tom Bossert told reporters at a news conference held with regards to Bitcoins and other cryptocurrencies.

According to reports, investors have started to show more interest in smaller currencies like Ether and Ripple. This is listed as one of the primary reasons for the huge fall in the popularity of Bitcoin.

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