Tag: Commerce

ProBeat: Amazon’s HQ2 was a perfect bait and switch

In September 2017, Amazon kicked off a frenzy from local governments with its announcement that North America would be blessed with a “second headquarters” (HQ2). City officials across the country have been bending over backward to please Amazon in the hopes of bringing the promised 50,000 jobs to their district. […]

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Reimagining the contact center with bots, AI, and the gig economy (VB Live)

AI-powered bots and messaging: the cost-effective, easy-to-implement automation tech is set to slash contact center size by 50 percent in the next five years, reducing costs and powering up the gig economy. Can your company benefit? Take a closer look at the long-term implications of customer support automation, when you […]

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Snap reveals U.S. subpoenas over 2017 IPO disclosures

(Reuters) — The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap for information about its March 2017 initial public offering, the social media app maker told Reuters on Tuesday. Snap said in a statement it has responded to the government subpoenas and other requests for information. The […]

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Walmart’s Indian venture Flipkart loses CEO after misconduct probe

(Reuters) — The Chief Executive and co-founder of Walmart’s Indian venture Flipkart Group, Binny Bansal, has resigned following a probe into serious personal misconduct, Walmart Inc (WMT.N) said in a regulatory filing on Tuesday. Bansal has strongly denied the allegations, the company said in a statement. Bansal and his representatives […]

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The AI aspiration gap: How to hook AI into actual business results (VB Live)

Getting your AI deployment right takes five steps: assessing your data strategy, aligning stakeholders, assessing tech feasibility, and a coordinated approach to ethics. To learn more about the five fundamentals of AI readiness, and ensure you get it right at every step, catch up on this VB Live event. Access […]

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Microsoft opens Surface Go with LTE preorders, starting at $679

Microsoft has finally revealed details of the previously announced LTE-enabled Surface Go hybrid laptop-tablet. The company said it’s opening preorders today, starting at $679 for the consumer version and $729 for the business-focused incarnation. Microsoft said the Surface Go with LTE Advanced is expected to officially go on sale in the […]

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Atomico leads $24 million investment in UI prototyping platform Framer

Dutch design prototyping startup Framer has raised $24 million in a series B round of funding led by Atomico, with participation from Accel and AngelList. Founded out of Amsterdam in 2014, Framer offers an interactive design tool called Framer X, which launched as a replacement to the previous incarnation two months ago. In […]

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Roomi’s fall from grace: Major layoffs follow allegations of frivolous spending and nepotism

Next week will mark one year since Roomi announced a fresh $11 million in funding, a cash injection that came just as the New York-based shared housing marketplace declared it had hit the magic 1 million user milestone. That series A round was intended to spearhead a major domestic and global […]

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Huawei Mate 20 Pro review: The notch giveth, and the notch taketh away

Sometimes an action intended to create a positive outcome is simultaneously intertwined with negative consequences. For every yin, there is a yang; for every good, a bad; for every … you get the picture. Having spent the past few weeks with the latest Huawei flagship, the Mate 20 Pro, that is […]

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Andreessen Horowitz leads $154 million investment in corporate travel startup TripActions, at over $1 billion valuation

Corporate travel management company TripActions has raised a whopping $154 million in a series C round of funding led by Andreessen Horowitz, with participation from Lightspeed Venture Partners, Zeev Ventures, and SGVC. This takes the company’s total funding to $236 million, and bestows upon it a valuation of more than $1 billion, according to […]

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Tesla’s new chairperson is Robyn Denholm, an existing board member and Telstra’s CFO

Tesla has announced who its new chair will be, a little more than a month after news emerged that Elon Musk would be stepping down as chairman as part of a settlement with the Securities and Exchange Commission (SEC). Effectively immediately, existing board member Robyn Denholm will step into the […]

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YouTube: We’ve invested $100 million in Content ID and paid over $3 billion to rightsholders

As part of its longstanding PR push to prove that it’s serious about combating piracy, Google today revealed some updated numbers from across its various digital products. Arguably the most interesting figure from the company’s latest How Google Fights Piracy report relates to YouTube’s Content ID. Indeed, Google revealed that […]

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Amazon’s cashiereless store is coming to New York

The third Seattle store in Amazon’s cashierless Amazon Go chain opened its doors this week, and the company’s already gearing up to open another. This one will be in New York. At least four job listings for a new Amazon Go location were posted on Thursday evening, The Information today reported, seeking […]

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6 games band together on Ready Player One -style gaming multiverse

Is the gaming multiverse world of Ready Player One at hand? That’s the big claim coming from the makers of Enjin Coin, a new kind of cryptocurrency. The developers of six blockchain games have banded together in a syndicate to create a decentralized gaming multiverse by utilizing the blockchain to allow […]

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ProBeat: Don’t get FOMO over AI

Companies of all shapes and sizes descended on Mill Valley, California this week to discuss and learn from each other about using artificial intelligence at VentureBeat’s inaugural Transform 2018 conference. Everyone had a story to tell, pitches to make, and insights to share. While the general consensus was positive — […]

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SEC to review decision rejecting bitcoin ETFs

NEW YORK/WASHINGTON (By Trevor Hunnicutt and Michelle Price, Reuters) – The U.S. Securities and Exchange Commission said on Thursday it will review a decision by its staff to block nine bitcoin-based exchange-traded funds from coming to market. Staff at the SEC on Wednesday rejected applications for new funds from three […]

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For Lyft and TechStyle, AI customer acquisition requires breaking down silos

Gaining and retaining customers requires a multidisciplinary approach to constantly learning about what they do, what they want, and how they get aggravated. That was a key takeaway from a discussion at VentureBeat’s Transform 2018 AI conference among the executives at ridesharing service Lyft, community-driven fashion retailer TechStyle, and the […]

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How Trulia, ZipRecruiter, Salesforce, and Amplero use AI to power product recommendations

Amazon. Netflix. Recommendations are core to some of the web’s most popular platforms, and artificial intelligence helps drive them. And it’s good for more than just queuing up gift ideas and movies. Today at VentureBeat’s Transform 2018 conference, Stewart Rogers, director of marketing technology at VentureBeat, spoke with Ryan Eberhard, vice president […]

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‘Sovereign’ cryptocurrencies serve governments, not people

Blockchain-based cryptocurrencies promise to enable economic, political and social freedom, if implemented properly. But the emergence of “sovereign” cryptocurrencies — backed by governments — contradicts everything that blockchain stands for and hoped to fix. Iran has now decided to develop its own national digital currency in response to reimposed US sanctions, according to Press TV, […]

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Alibaba and Starbucks aim to transform China’s coffee industry through deliveries and big data

Chinese technology titan Alibaba has announced a deep partnership with Starbucks, which it says will “transform the coffee industry in China.” To do so, the duo will merge the online and offline worlds and leverage big data to hook consumers into the Starbucks and Alibaba ecosystems. Alibaba has evolved far beyond its initial roots as […]

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InVia Robotics raises $20 million to expand its subscription-based warehouse automation platform

InVia Robotics, a startup that provides fulfillment centers with automated robotics technology, has raised $20 million in a series B round of funding led by Point72 Ventures, with participation from Upfront Ventures and Embark Ventures. Los Angeles-based InVia Robotics is effectively a robotics-as-a-service platform providing ecommerce distribution hubs with next-gen warehouse automation technologies. The InVia Picker, for […]

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