Walmart has surpassed online retail giant Amazon in sales growth for the first time in a decade. Global online sales for Walmart rose by 30 percent in 2013 to $10 billion, while Amazon experienced 20 percent sales growth. However, Amazon’s $67.8 billion in online sales are more than six times Walmart’s sales, and Amazon sold more last year than its next 10 largest competitors. To better compete with Amazon, Walmart is investing significantly in e-commerce. Continue reading Walmart Beefing Up its E-Commerce Efforts to Catch Amazon

Amazon pioneered the idea of cloud services that allow individuals to build websites and other apps without using their own hardware. Google has also offered these services, but is repositioning itself to create a larger business out of cloud services. The IT market that spans hardware and software used to operate businesses is worth $600 billion, and cloud services have the potential to take a major share. Google is hoping to make its cloud service business even larger than its enormous ad business. Continue reading Google Aims to Steal Cloud Services Top Spot from Amazon

Oculus Rift, the virtual technology headset created by 21-year old Palmer Luckey, has developed quite a loyal fan base in a short amount of time. When Oculus VR was acquired by Facebook for $2 billion this week, gamers and developers responded with mixed reviews, many disappointed and critical of the move. Luckey responded on Reddit by explaining that he was also skeptical of a Facebook deal at first, but now believes the social giant could help bring virtual reality to the masses. Continue reading Oculus VR: Palmer Luckey Answers Angry Gamers on Reddit

A $99 device called InAIR from startup SeeSpace hopes to combine the best of your laptop, smartphone and TV all in one place by layering social media and Web content inline with the programs you are watching. Billed as “the world’s first augmented television,” the project exceeded its $100,000 goal on Kickstarter by nearly $78,000 a few days ago. InAIR plugs directly into the TV through its smart HDMI cable, connects to the set-top box, and pulls data from the movie or TV show currently airing. Continue reading Augmented Television: InAIR Layers Web Content with Your TV

A kicked soccer ball can travel more than ten times faster than what the naked eye can perceive. Soccer referees are human and suffer from this limitation, with soccer fans often enduring the pain. GoalControl, a German company, is looking to fix this problem. It will provide high-tech monitoring of goal lines and reporting systems that help maintain absolute accuracy. This new instant-replay tool will ensure that referees make the right calls. Continue reading Soccer Goes High Tech So Referees Can Make Better Calls