Coming Soon: Federal QR Codes?

Thanks to a major overhaul of the US banking system taking place today, a QR code just like this one could soon be mandatory for millions of Americans and it has the backing of the White House, Federal Reserve and Treasury. What changes do these powerful organizations have planned for your money?

Amazon Unveils First Of Its Kind Bedside Sleep Tracker: Checkout Features

Vandana Singh
September 29, 2022
  • Amazon.com Inc (NASDAQ:AMZN) announced a contactless gadget that can monitor people's sleep.
  • The online retailer said its $139.99 sleep gadget, dubbed Halo Rise, tracks room temperature, humidity, and light, plus the breathing patterns of the person closest to it. 
  • Advanced machine learning and sensor technology provide highly accurate ambient analysis of sleep patterns.
  • The device can personalize a person's bedtime and morning routines when paired with Alexa.
  • Like Apple Inc (NASDAQ:AAPL) and Alphabet Inc's (NASDAQ:GOOGL) Google, Amazon has invested in consumer health-tracking technology.
  • Reuters reported that the companies have sometimes drawn regulatory scrutiny for sensitive information it aimed to collect, like body fat percentage via its fitness wristband Halo.
  • The Halo Rise is not a medical device and not FDA-approved, the report noted.
  • The sleep device will encrypt health data and has no camera or microphone.
  • The device has an option to manually put it into Standby mode, which turns off the sensor technology that tracks sleep.
  • Price Action: AMZN shares are down 1.34% at $116.43 during the premarket session on the last check Thursday.
  • Photo Via Company

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