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Walmart tells investors to expect more risk-taking
October 16, 2018 | Financial Times | Alistair Gray and Pan Kwan Yuk in New York.

Doug McMillon said at an investor meeting on Tuesday that the Arkansas-based company was experimenting with technology ranging from floor-cleaning robots to augmented reality and biometrics as he urged Wall Street to “challenge your thinking about Walmart”.

Walmart superstores have transformed shopping habits and became a dominant force in American retail. The bricks-and-mortar model, however, has been upended in by the rise of ecommerce.

“Looking back, we had a proven model, and we naturally focused on execution. As the numbers grew, we . . . unintentionally became risk averse,” Mr McMillon said at a meeting for investors.

“But today we’re getting to reimagine retail and our business. To do that we take risk — try quite a few things and learn from our failures. That type of behaviour’s in our DNA, and we’re waking up that part of our culture.”.....Online sales, in which Walmart has been investing aggressively as part of its response to Amazon, are expected to increase around 35 per cent for the fiscal 2020 year, compared to the expected 40 per cent for 2019.

Walmart also on Tuesday struck a partnership with Advance Auto Parts, allowing it increase its presence in the car parts business. Under the tie-up the companies will offer home delivery, same-day pick up at each other’s stores and installation of some parts.
Amazon  e-commerce  experimentation  failure  innovation  retailers  risk-taking  Wall_Street  Wal-Mart  augmented_reality  auto_parts  biometrics  bricks-and-mortar  home-delivery  same-day 
3 days ago by jerryking
Ancestry Sites Could Soon Expose Nearly Anyone's Identity, Researchers Say
Agencies such as the U.S. Department of Health and Human Services have regulations for federally funded research that involves human subjects. Known as the common rule, a revision of these guidelines was set to be implemented in 2017, but won’t come in full effect until 2019. The revised common rule doesn’t currently consider our genomes to be identifiable information, but Erlich noted that the HHS is allowed to change that status as technology advances. That might stop unscrupulous scientists, who would stand to lose federal funding if they were caught trying to pilfer people’s identities.
ee  biometrics  dna  database  privacy  police 
7 days ago by osi_info_program
The danger of sending information for API consumption without adequate security measures - SANS Internet Storm Center
API that is consumed to perform the authentication of a fingerprint that was read through an APP located in a mobile phone. The fingerprint is digitalized using the Wavelet Scalar Quantization (WSQ) Gray-scale Fingerprint Image Compression Algorith
fingerprint  cybersecurity  api  biometrics 
23 days ago by bwiese
Twitter
Thank you to our guests for explaining how are increasingly being used by the police, schools and compa…
biometrics  from twitter_favs
28 days ago by douglevin
Twitter
RT : I’m speaking about the future of and Scottish Gov proposals on the regulation of biometric data. Come a…
biometrics  from twitter
4 weeks ago by Surliminal
The New Passport-Poor
In Casablanca, the ex-lovers Rick Blaine (Humphrey Bogart) and Ilsa Lund (Ingrid Bergman) reunite in the Moroccan port city where Ilsa and her husband, Victor Laszlo, have fled. Most people remember the movie as a story about love during wartime, and at first glance, it is: the pair ultimately renounce their love to help Laszlo, a Czech resistance leader, stick it to the Nazis. But the film’s entire plot—and, indeed, the very condition for Ilsa and Rick’s reunion—hinges on something much more mundane: Ilsa and Laszlo’s pursuit of travel documents. The papers themselves aren’t much to look at—just two folded sheets marked with an official’s signature—but in the film, as in real life, they can make the difference between life and death.
by:AtossaAraxiaAbrahamian  from:TheNewYorkReviewOfBooks  passport  history  politics  biometrics 
4 weeks ago by owenblacker
Twitter
RT : 26 September. in Scotland: How did we get here and what does the future hold? w/ talks from…
Glasgow  Biometrics  from twitter_favs
5 weeks ago by Surliminal
Twitter
RT : 26 September. in Scotland: How did we get here and what does the future hold? w/ talks from…
Glasgow  Biometrics  from twitter
5 weeks ago by sarcas
Processing biometric data? Be careful, under the GDPR
As the GDPR considers biometric data to be a special category of sensitive personal data, processing and protecting it must proceed under the framework reserved for sensitive personal data generally. While the GDPR broadly prohibits the processing of sensitive personal data, it recognizes certain bases to justify its processing, chiefly, the explicit consent of the data subject, the performance of specific contracts or processing for certain specific purposes.
specialcategory  biometrics  GDPR 
6 weeks ago by corrickwales

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