Friday, April 19, 2024

What's Amazon's Just Walk Out?

Plus: Is the TikTok ban happening? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Apr 19 2024

 

Betty Lin-Fisher Consumer reporter

@blinfisher

Good morning and Happy Friday! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money.

A few weeks ago, I saw a friend's Facebook with a picture of a sign for a Just Walk Out store at an airport. The sign said to enter the store with your debit or credit card, grab what you needed and "just walk out with your items."

"New to me," she wrote.

That started an interesting discussion among her Facebook friends about people who had used the technology, powered by Amazon, and those who had never heard of it.

I began to pursue a story on these Just Walk Out Stores, only to learn that Amazon was swapping out the technology at its Amazon Fresh grocery stores for the Dash Cart, which shows consumers in real time on a screen the prices of items. You can read my story here.

A few days later, media started reporting about claims that Amazon was relying on 1,000 workers in India to bolster the AI tech. (Amazon says the number of workers is not accurate, and that their workers are not watching shoppers live.) You can read my story here.

A few days ago, I wrote my third story about this subject this month. This is more of an overall consumer piece, explaining why Amazon has been in the news, with an interview with an Amazon vice president about how the tech works and an interview with a Carnegie Mellon professor about how this will affect consumers. Will we soon be seeing this tech in more mainstream stores? Here's a link to that story.

Image (5).jpg

A Hudson Nonstop store at the Nashville International Airport is one of 140 third-party stores which uses Amazon's Just Walk Out technology. This allows customers to scan a payment method, walk in and shop and walk out.

Betty Lin-Fisher

Is it possible that TikTok will be banned?

The clock is ticking on TikTok. My colleague Jessica Guynn explains the latest in a story about the potential ban of this popular app in the U.S. and where it stands. Here's her story.

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

A Hudson Nonstop store at the Nashville International Airport is one of 140 third-party stores which uses Amazon's Just Walk Out technology. This allows customers to scan a payment method, walk in and shop and walk out.

Amazon's Just Walk Out technology has been in the news a lot. What is it and what are the pros and cons?

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Is the US going to ban TikTok? What you need to know.

TikTok's fate is now tied to a foreign aid package for Ukraine and Israel, increasing the chances of the popular Chinese-controlled app being banned.

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Road toll 'smishing' texts on the rise, FBI says: Here's what to know

The FBI said it has received over 2,000 complaints reporting smishing texts representing road toll collection services in at least three states.

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Walmart in Missouri removes self-checkout lanes

Walmart is among Target, Dollar General and other retailers who are experimenting with how to handle self-checkout lanes.

Electric vehicle owners connect to a Tesla charging station at the Target in Simi Valley on Monday, Feb. 5, 2024.
 

EV drivers going on roadtrips will love this new Google feature

Finding a charging station can be tricky for an electric car driver. Google Maps is launching new features to help people in real time.

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How to buy stock and check prices: A step-by-step guide for beginners

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Retirement is one of life's greatest milestones, but talking about your plans to save for it can feel scary and overwhelming. Learn how to break the silence with these seven tips.
 

Americans think they need $1.8 million to retire. Is it realistic?

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Gift cards remain the most popular gift for the Christmas season, with 55% of holiday shoppers saying they would like to receive them this year.
 

2 arrested in another 'gift card draining' scheme: What to know about the scam

Authorities seized over 4,100 tampered gift cards from Apple, Sephora, Amazon and Footlocker as part of a "gift card draining" scheme.

President Joe Biden speaks Monday, April 8, 2024 at Madison Area Technical College in Madison, Wisconsin. During the appearance, Biden announced a new student loan forgiveness program. Student loan relief is a top issue for younger voters. Wisconsin's 700,600 borrowers hold $21.4 billion in federal student loan debt, according to the latest federal education data.
 

Poll finds students are delaying life events due to loan debt

A majority of people with student loan debt have put off major life events like buying a home or getting married, a recent study found.

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