Here are the top trending news from the world of technology
Amazon opens a salon in London to experiment with AR and other technologies
In this pandemic age, crazy and unusual news never stops greeting us and I just happened so that Amazon on Tuesday announced the unveiling of its hair salon in London. Yes, you heard it right. The U.S. is foray into the salon space. It is doing this all for the sake of experimenting with augmented reality and other emerging technologies. Customers visiting this salon can experiment with colors and hair styles with an AR app before deciding their favorite style. This one of its salon will be initially opened only to Amazon employees before opening it for all customers.
PayPal is all set to launch a new wallet in China
Months after acquiring a payment platform in China, PayPal is now all set to unveil a domestic wallet in China. But the US payment giant has decided to play it safe by choosing to compete in a space where it is likely to face less competition from local players like Alipay and WePay. PayPal has chosen the niche space of ‘cross border payment’ where the competition is comparatively less intensive.
Microsoft is overhauling its App Store for Windows 10
Microsoft is gearing up for a big overhaul of its Windows 10 app store that will see the tech giant departing from its many old practices. This includes, apart from creating a fluid and coherent design, allowing third party apps to sell on Window’s 10 app store.
China Softens Stand on Bitcoin following years of crackdown
A move that will be welcomed by the beleaguered crypto industry, China has surprisingly softened its stand on Bitcoin. After years of ruthless crackdown, the communist country has now labeled bitcoin as an ‘investment alternative.’ China’s decision comes barely days after Turkey announced that from April 30th Crypto can no longer be used as a payment method.