Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their banking, insurance and retirement planning, according to a report by consultants at Accenture. Close …
Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use. Supervised by the U.K.’s aviation safety regulator, the Civil Aviation Authority, the trial will …
The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the use of …
Authorities say a worker who died last week after falling from a catwalk at the Amazon distribution center in Phoenix, Ariz. had a preexisting medical condition. Phoenix police say the incident occurred about 1:15 a.m. Friday. The woman was pronounced …
More than 40 percent of insurers see Google as a potential threat because of its strong brand and ability to use customer data, a report released on Tuesday said. And young, mobile phone-friendly consumers may bypass traditional insurers for “new, …
Security researchers have uncovered a flaw in the way thousands of popular mobile applications store data online, leaving users’ personal information, including passwords, addresses, door codes and location data, vulnerable to hackers. The team of German researchers found 56 million …
In a major lawsuit testing the legitimacy of music downloads, Capitol Records LLC has won a court ruling that the start-up ReDigi Inc. has infringed its music copyrights. U.S. District Judge Richard Sullivan in Manhattan said ReDigi was not authorized …
Wal-Mart Stores Inc. is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc. Tapping customers to …
Chevron Corp has filed an appeal with Ecuador’s National Court of Justice to review a judgment that the U.S. oil company pay $18 billion in damages for polluting the Amazon jungle. Chevron was ordered by an Ecuadorian judge to pay …
Ecuadorean plaintiffs who won an $18 billion environmental case against Chevron Corp will pursue legal action against the company overseas in a bid to collect the damages, their lawyer said on Wednesday. An appeals court in the OPEC nation upheld …
