E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets.

MINNEAPOLIS & TAMPA, Fla.--(BUSINESS WIRE)--Aug 3, 2023--

Try your hand at the 1913 diamond grid that kicked off the crossword puzzle craze.

By Rachel Nostrant The group that took its case against affirmative action in college admissions to the U.S.

Viewers can get free Valorant Champions 2023 Twitch drops, including a Spray, Title, and Player Card, as they watch the tournament unfold in August.

The Apex Legends Season 18 Revenant Reborn Heirloom is called Revenant's Death Grip and can be unlocked through the Death Dynasty Collection Event.

Leaks suggest players will be able to get Yuji Itadori for free in Fortnite by unlocking the skin in a special Jujutsu Kaisen Battle Pass.

MOSCOW (Reuters) -A Moscow court fined Apple 400,000 roubles ($4,274) on Thursday for not deleting "inaccurate" content about what Russia

The Apex Legends Death Dynasty Collection Event starts on Tuesday, Aug. 8 and features a new Revenant Heirloom, as well as Legendary skins for Catalyst and Loba.

Today, Google announced it is updating features in Google Search, including its policies on personal

Barbie is likely not coming to Fortnite despite the hype surrounding the movie. Fans can play the BARBENHEIMER island in Creative mode to see Barbie in Fortnite.

The introduction of robots into businesses actually slows – at least at first, according to a new study. Researchers found that the introduction of robots bring down profit margins. But as they technology becomes better integrated, it will start to rise again, the study found. Researchers believe that U-shaped curve comes about because of reduced costs, new processes and innovative products. When companies first adopt robots with the aim of reducing costs, competitors are able to do the same, and so profit margins do not initially grow. The real profits come, however, when the robots are properly adopted and integrated into the company’s processes, and they can use that new innovation to develop new products, the researchers suggest. Those are the findings from a new study from the University of Cambridge and published in IEEE Transactions on Engineering Management. While robots are known to increase productivity when looking at a whole industry or country, it is less clear whether it helps with profit margins. The researchers set out to answer that question and see whether companies were using robots to improve processes within companies. And they were also looking to understand whether it had followed the same perhaps unexpected trajectory as when computers were first introduced into businesses. “If you look at how the introduction of computers affected productivity, you actually see a slowdown in productivity growth in the 1970s and early 1980s, before productivity starts to rise again, which it did until the financial crisis of 2008,” said co-author Professor Chander Velu from Cambridge’s Institute for Manufacturing. “It’s interesting that a tool meant to increase productivity had the opposite effect, at least at first. We wanted to know whether there is a similar pattern with robotics.” To find out, researchers gathered data for 25 European countries that showed industry-level trends between 1995 and 2017. That data did not include specific companies but did allow them to see whole sectors. They then gathered robotics data from the International Federation of Robotics (IFR). By setting the two against each other, they were able to see how the adoption of robotics changed profit margins. There they found that U-shaped curve: that the adoption of robotics drove down profits, initially, even if it came back eventually. “Initially, firms are adopting robots to create a competitive advantage by lowering costs,” said Velu. “But process innovation is cheap to copy, and competitors will also adopt robots if it helps them make their products more cheaply. This then starts to squeeze margins and reduce profit margin.” Read More Apple planning new version of AirTags – but not for some time Algorithm finds 600-foot, ‘potentially hazardous’ asteroid near Earth Reddit closes Place after obscene protests Apple planning new version of AirTags – but not for some time Algorithm finds 600-foot, ‘potentially hazardous’ asteroid near Earth Reddit closes Place after obscene protests