Is online shopping bad for the planet?

[ The convenience of online shopping is hard to beat. But it uses a lot of energy and resources and can lead to more waste. Transportation needed for online shopping spews greenhouse emissions. Three billion trees are cut down every year to produce packaging for all kinds of things, ecommerce included, according to some estimates. … Read more

Spotify profits up, but lower marketing hits user growth

[ STOCKHOLM (Reuters) -Spotify’s quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users. The Swedish company has been growing its user base for years by offering promotions and investing in podcasts … Read more

Kenya advances green transportation with Chinese e-mobility technology

[ NAIROBI, April 23 (Xinhua) — Technology experts on Tuesday lauded China’s electric mobility (e-mobility) technology as Kenyans continue to embrace green modes of transport. Alex Wachira, principal secretary in the Ministry of Energy and Petroleum, said in Nairobi, the capital of Kenya, that Chinese electric vehicles (EVs) have emerged as a viable alternative to … Read more

Walmart-backed fintech One launches ‘buy now, pay later’ loans, CNBC reports

[ (Reuters) – Walmart’s majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at some of the retailer’s U.S. stores, CNBC reported on Tuesday. One will be going head-to-head with some of Walmart’s existing BNPL partners like Affirm, who helped the retail giant … Read more

Google invests $640 million in new data centre in Netherlands

[ AMSTERDAM (Reuters) – Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the Dutch city of Groningen, it said on Tuesday, adding the investment will create 125 new jobs. Since 2014, Google has invested more than €3.8 billion in data centres and related digital infrastructure in the Netherlands. … Read more

Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services

[ (Reuters) – Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services. Under the agreement, Microsoft and Coca-Cola will “jointly experiment” with Azure OpenAI. That service uses technology from Microsoft-backed startup and ChatGPT creator OpenAI to let customers build chatbots and other … Read more