McKinsey reports that there is no strong V-shaped recovery in China’s consumption trend.

China’s Consumer Spending: A Look at the Current Climate As China’s consumer spending remains stagnant, McKinsey warns that companies need to adopt more strategic approaches to tap into this colossal market. Daniel Zipser, a leader in McKinsey’s Asia consumer and retail practice, predicts only an incremental improvement in the next year with no signs of…

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Amazon introduces palm-scanning technology for employees in the office

Amazon is revolutionizing its palm-scanning technology with the launch of Amazon One Enterprise, designed for corporate use. This palm-based system will allow employees to swipe their hand to gain access to offices or sensitive information. Several companies, including IHG Hotels and Resorts, Boon Edam, and Kone, have already embraced this biometric technology, which Amazon claims…

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