Google reportedly developing AMP-based Snapchat Discover-like technology
Technology giant Google is reportedly developing a visual publication technology for media companies similar to that of Snapchat.
According to a recent report by the Wall Street Journal (WSJ), the new technology will be similar to Snapchat’s “Discover” technology. Called “Stamp,” it will be based on its AMP mobile optimization technology for webpages.
Without confirming the new technology, a spokesperson for Google said, “Ever since the beginning of AMP we’ve constantly collaborated with publishers, and are working on many new features.”
It remains unclear where precisely the new technology or service would live. However, it is sure that Stamp stories would be available broadly on the mobile web. The name “Stamp” is believed to be a portmanteau of AMP.
The new technology or service is said to be unveiled as soon as next week, and it could include a broad range of publishers, including CNN, Vox and The Washington Post.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.
Norway is planning to add additional tax burden on consumers planning to buy electric cars.
German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.
The International Monetary Fund (IMF) has raised growth outlook for global economy considering stronger growth and signs of recovery in many key markets. However, the IMF forecast has raised doubts over growth in India and the United Kingdom.