One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China

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JD.com is planning to build 185 drone airports in Southwest China.

The airports will help products reach villagers, while also delivering rural products across China.

This is the latest move by tech companies, including Alibaba, to capitalize on the growing rural market.

Continue reading… “One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China”

The world’s first AI exchange-traded fund is set to run in Canada

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Today’s artificial intelligence (AI), most experts will agree, is still far from what’s called a general AI — one that can perform any task human beings are capable of. Yet, despite limitations, AIs have become rather powerful — at least enough to beat human beings in their own games, or even to take over performing certain tasks in a number of industries. In Canada, AI is gearing up for a new role: Horizons ETFs Management, Inc. is preparing to launch the Horizons Active A.I. Global Equity ETF on November 1.

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Why your bank hates you for loving bitcoin

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Bitcoin has been around since 2009, but it really wasn’t until recently that it finally hit the mainstream consciousness of investors and the general public. As of this writing 1 bitcoin is now worth over $5,600 USD. And its meteoric rise doesn’t look to be abating any time soon. Its potential to reshape how we understand and use money is real. But the big question is why are banks and governments so steadfastly against it?

Continue reading… “Why your bank hates you for loving bitcoin”

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