Morning Beat: Alphabet Inc (GOOGL), Intel Corporation (INTC), and International Business Machines Corp. (IBM)

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Alphabet Inc (NASDAQ:GOOGL) is planning to take its mobile payment system to another level with the inclusion of hands-free mode. The tech giant is carrying out tests on a Hands-Free pilot system in the South Bay area of California. The new system uses Bluetooth low energy, Wi-Fi, and location services to make it possible for people to make payments without touching their phones.

Payers will only have to tell cashiers in participating stores ‘I’ll pay with Alphabet Inc (NASDAQ:GOOGL).’ The command will prompt cashiers to ask for ‘initials’ and then compare a payer’s face with a photo connected to the Hands-Free profile. Stores with cameras will be able to do this automatically.

Alphabet Inc (NASDAQ:GOOGL)’s new capability is not new. Square tried it a while back, before shutting it down. Mastercard has also carried out tests on a similar system.

Intel Corporation (NASDAQ:INTC) is the latest tech giant to immerse itself into the augmented reality headset talk. Reports indicate the chip giant is currently working on its own AR headset. However, the company is not planning to enter the consumer market with its headpiece.

According to sources familiar with the matter, Intel Corporation (NASDAQ:INTC) is more interested in selling components used to make the headpiece to interested companies. It is a strategy that it has been able to employ with success on its MICA luxury smart bracelet. It is also planning to pursue the drone business the same way.

Intel core business revolves around coming up with chips used in devices and not coming up with actual devices for the consumer market.

International Business Machines Corp. (NYSE:IBM) supercomputer, Watson could soon see its capabilities leveraged in the medical industry. By 2020, there will be 200 times more medical information. It is an amount of data that many physicians will find it hard to cope with, in the process of coming up with tailored treatments.

Famous for beating the television game show Jeopardy, Watson should be more than capable of solving the problem at hand. Watson is smarter than most computers because it thinks more like humans. It is an advantage that physicians are hoping to leverage when it comes to medical research that involves huge chunks of data.

International Business Machines Corp. (NYSE:IBM)’s Watson should be able to read thousands of medical journals and recommend which ones a doctor needs to read, depending on the problem at hand.

Virtual desktops might be a tough sell in business, but that is not stopping Amazon.com, Inc. (NASDAQ:AMZN) from giving it a try with Amazon Workspace. The tech giant is in the process of exploring the possibility of offering Desktop-as-a-service on the cloud.

The new service will essentially work by offering cloud users a choice of desktop bundles. Users will be able to choose between different hardware and software options depending on their business needs. Each bundle on offer will run on Windows 7.

Some of the programs that will be on offer on the new workspaces include Adobe Reader, Internet Explorer 9, and the latest version of Firefox.

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.

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