News 

Manheim auctions get high-tech overhaul

“A three-year, $400 million high-tech makeover of Manheim’s auction operations eliminated many such frustrations that buyers and sellers used to experience” writes James B for autonews.com. After rolling out the changes at one auction after another, Manheim deployed the project in April at its largest auction site: Manheim, Pa.Grace Huang, Cox Automotive?s president of inventory solutions, and Joey Hughes, general manager of the Manheim, Pa., auction, at a town hall.Different ways of doing business at each auction site. Source: autonews.com Share This:

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News 

JetClosing, cloud-based home closing service that digitizes the home closing process by removing the paper forms, raises $20M Series A led by T. Rowe Price

“JetClosing gives real estate agents a way to provide real-time notifications and messaging to homebuyers about the progress of a close” writes Taylor Soper for geekwire.com. Daniel Greenshields sees a tipping point in real estate.Greenshields pointed to new tech-fueled real estate services like Opendoor and FlyHomes that speed up the home-buying experience. Source: geekwire.com Share This:

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News Stocks 

Walmart opens first high-tech small-sized supermarket in China

“BEIJING (Reuters) – Walmart Inc said on Monday it has opened its first small-sized high-tech supermarket in China, which will stock products that customers will also be able buy on the U.S. retailer’s store on Chinese online marketplace JD.com” writes Midwest Communications Inc for 95kqds.com. The move comes as “smart retail” gains popularity in China, as retailers and tech giants such as Alibaba Group Holding Ltd and Tencent Holdings Ltd cut deals to integrate shoppers’ online and offline experience.Walmart’s store, located in the southern city of Shenzhen, will stock more…

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Crypto News 

Hightech Ethereum Kidnapping Botched By Old Fashioned Stupidity

“He then transferred the Ethereum to a well known American cryptocurrency exchange where he transferred it to Bitcoin in his own name” reports newsbtc.com. Meza entered the victim’s apartment found his wallet and successfully transferred the Ethereum to his own account.When Louis Meza met his victim at a Ruby Tuesdays in Times Square he thought his cryptocurrency ship had come in. Source: newsbtc.com Share This:

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Markets News Platforms 

GLMX reboots high-tech platform in post-crisis repo environment

“The rise of non-bank institutions marks an evolution in the multitrillion-dollar repo market” writes Midwest Communications Inc for 95kqds.com. But post-crisis rules have forced banks to adopt higher leverage ratios after a panic in the repo market shuttered Lehman Brothers.As banks have retreated from repo deals, they have also stepped back from their roles as deal mediators.GLMX acts as an intermediary between funds looking to finance trading bets and money-market investors with ready cash. Source: 95kqds.com Share This:

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News 

Amazon’s high-tech automated grocery store of the future is also super creepy

“You walk into the store, scan your Amazon Go app as you pass through the turnstile” writes Zach Epstein for bgr.com. It’s all done via a combination of hardware and software meant to prevent lines from forming, and ensure a customer experience that no other retail store can offer.Amazon is ready to deliver another blow to retail stores, in the form of a grocery store that’s so high-tech that it doesn’t need cashiers to make sure you pay for the goods you want to purchase.On that’s the price to pay…

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News 

While you were glued to Twitter, a high-tech job passed you by | Thomas Friedman / Syndicated columnist

“Quantum computers, with their exponential processing power, will be able to crack most encryption without breaking a sweat” writes Thomas Friedman for seattletimes.com. Last week I visited the same lab, where my hosts showed me the world’s first quantum computer that can handle 50 quantum bits, or qubits, which it unveiled in November.Talia Gershon, an IBM researcher, posted a fun video explaining the power of quantum computers to optimize and model problems with an exponential number of variables.The result is computers that may one day “operate 100,000 times faster than…

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News 

Everything Londoners need for a healthy new year, without leaving home

“Scroll through the gallery above to see the best home fitness gadgets, equipment, food boxes and clothing to get 2018 off to a healthy active start, without leaving your living room” writes Prudence Ivey for independent.co.uk. Even better, you won’t need to leave your house to buy your new gear as it’s all available for online purchase.Between online workouts, streamlined wearables and minimalist equipment, you can rest assured you won’t be adding bulky clutter to your small city space too.Luckily, the home workout and wellness scene is thriving thanks to new…

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