April 22, 2024
Tech News
Tesla faced a series of challenges recently, including announcing layoffs affecting about 10% of its workforce and a recall of its Cybertruck due to faulty accelerator pedals. Despite these setbacks, Serve Robotics, a sidewalk robot delivery company backed by Nvidia and Uber, went public through a reverse merger, aiming to expand its fleet and revenue significantly by the end of 2025.
IHH Healthcare made a significant move by migrating its core workloads to Oracle Cloud to enhance operational efficiency and patient outcomes. The migration includes moving Singapore operations to Oracle Exadata Database Service on Oracle Cloud Infrastructure and Malaysia’s database workloads to Oracle’s on-premises cloud solution, Oracle Exadata Cloud@Customer.
In the automotive industry, the Smart #3 electric vehicle made its debut in Malaysia during the KL Car-Free Morning. Developed by Mercedes-Benz and Geely, the Smart #3 is slightly longer and wider than the Smart #1 and comes in different specs, including a Brabus version. It’s expected to launch in Malaysia soon, with prices potentially higher than the Smart #1.
Amazon is set to expand its cashierless shopping technology, “Just Walk Out,” to more third-party stores, doubling the number of stores using the system this year. The technology allows customers to shop without paying at a register, and Amazon aims to reduce reliance on the technology in its own Fresh grocery stores in favor of “smart” shopping carts.
TikTok Shop has introduced a secondhand luxury fashion category in the UK, competing with platforms like The RealReal and Depop. The category allows UK customers to purchase pre-owned high-end clothing and accessories directly through the TikTok app, with initial offerings from five UK brands. TikTok Shop aims to tap into the growing market for preowned luxury items and the trend of embracing preloved fashion.
Tech Explained
Oracle Cloud – Oracle Cloud is a cloud computing service offered by Oracle Corporation that provides servers, storage, and applications through a global network of data centers.
Oracle Exadata – Oracle Exadata is a database appliance that is optimized for running Oracle Database software. It combines servers, storage, and networking into a single platform to deliver high performance and scalability.
Cashierless Shopping Technology – Cashierless shopping technology allows customers to shop and pay for items without the need for traditional cashiers or checkout counters. It uses sensors, cameras, and artificial intelligence to track items selected by customers and automatically charge them when they leave the store.
Secondhand Luxury Fashion – Secondhand luxury fashion refers to pre-owned high-end clothing and accessories that are resold in the market. This trend has gained popularity due to sustainability concerns and the desire for unique and affordable luxury items.