Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Amazon Inc. stopped using its “Just Walk Out” technology, and it has removed it from stores it owns, such as its Amazon Fresh Groceries. While the company ditched this cashierless innovation, it would like to sell or license the system to other retail stores.
Amazon removed the “Just Walk Out” technology from its retail outlets but will still keep it for other business ventures. The company rather decided to offer it to other retailers via sales or licensing arrangements.
Targeting Third-Party Stores
As per Reuters, Amazon said on Wednesday, April 17, that it is planning to bring its cashierless shopping technology to third-party store brands this year. The e-commerce and tech giant added that even if it reduced the use of “Just Walk Out” on its own, others may benefit from the technology instead.
Offering the said innovation to others will allow the company to continue benefitting from its cashierless shopping innovation since sales of licensing will bring in new profits. Amazon revealed that around 140 stores are using the “Just Walk Out” cashierless checkout system, and it is looking to double this number in 2024.
“For us, really making sure that we can service that third-party market is the most important thing,” Associated Press News quoted Amazon’s Just Walk Out vice president, Jon Jenkins, as saying in an interview. “We have definitely been reassuring people that we are in this for the long haul.”
What is a Cashierless Shopping Checkout
Amazon’s Just Walk Out uses a combination of artificial intelligence, cameras, and sensor trackers to see items being taken off of shelves. After shopping, customers may leave the store by simply inserting their credit card at the exit. Other payment methods are also available at the checkout.
Amazon first introduced this technology in 2018 and offered it to other businesses, such as sports stadiums. However, the company began using the system in its stores only in 2020, starting with the Amazon Go convenience stores.
Photo by: Amazon Press Center
