Friday, June 16, 2017

Crunch Report | Amazon Bids to Buy Whole Foods for $13.7 Billion

Amazon bids to buy Whole Foods for $13.7 billion, Walmart buys Bonobos for $310 million, Mobike, a ride-sharing company in China, raises $600 million. All this on Crunch Report. Read More

by Khaled "Tito" Hamze via Endless Supplies .Ca - News

Uber sends apology email to its NYC riders

Uber's list of "issues" seems to grow with each passing day. Even when it tries to turn things around something goes wrong like one of its board members making a sexist remark and ending up leaving his seat. But it's still trying to convince its cust...
by Roberto Baldwin via Endless Supplies .Ca - News

Robinhood’s plan to open financial markets to the masses


While most were following the closure of Lehman Brothers and Bear Stearns during the 2008 financial crisis, there was another important change occurring: the rise of algorithmic trading.  Due to the inefficiency and excess of humans coordinating trades, computers began processing about 95% of the trading activity by financial institutions.  Vlad Tenev and Baiju Bhatt were working on building such automation software for banks, but wondered if there was a way to leverage this technology for the masses, not just the wealthy. This was the inspiration for launching their startup Robinhood, which utilizes automation to reduce the human labor needed…

This story continues at The Next Web

by George Beall via Endless Supplies .Ca - News

'Spider-Man' is the latest big-budget flick to get a VR tie-in

Peter Parker and his web-slinging alter ego seem to be everywhere these days. Sony showed off a lengthy gameplay sequence from the upcoming Spider-Man video game at E3 this year, and the company's reboot, Spider-Man: Homecoming, arrives in theaters t...
by Rob LeFebvre via Endless Supplies .Ca - News

An Equity podcast shot: Unpacking the Amazon-Whole Foods deal

 We’ve got an Equity Shot for you, an irregular extra hit from the Equity podcast crew. Today the big news is the potential Amazon-Whole Foods deal, which has led to rampant media speculation, depressed grocery stocks around the nation and allegations of intelligent corporate strategy. It’s the sort of day that forces you to sit back and re-cast your views of the technology world.… Read More

by Alex Wilhelm via Endless Supplies .Ca - News

Girl Scouts can start earning cybersecurity badges in fall 2018

If your office in the future dodges a spearphishing attempt in the future, you might be thanking a Girl Scout. The organization partnered with Palo Alto Networks to release 18 new cybersecurity badges for members to earn over the next two years, with...
by David Lumb via Endless Supplies .Ca - News

Columbus could be the next startup city

 Ever since I wrote about the Midwest last year I’ve been keeping my eyes on Columbus. I decided to hold a small pitch-off to meet some of the startups I saw last time I had driven through. The pitch-off was a success and a company called Wyzzer took first place and the quirky Hopper Carts came in second. But what I really came away with was a new respect for Columbus as a startup hub.… Read More

by John Biggs via Endless Supplies .Ca - News

YouTube’s heatmaps show where eyes linger in VR videos

YouTube's growing library of VR content is a definite asset in Google's struggle to dominate the virtual reality sphere. The video platform isn't just improving the consumer experience either, as it did when it added shared virtual viewing rooms and...
by David Lumb via Endless Supplies .Ca - News

Winners and losers in Amazon’s $13.7B purchase of Whole Foods

 Amazon is taking a huge bite out of the fresh food business with its bid for Whole Foods Market for $13.7 billion. But even though this is a deal between two companies, it’s not just the two of them being touched by it. The intersection between the food and tech industries has been playing out for years now, sprouting dozens of food startups; efforts from large tech companies to move… Read More

by Ingrid Lunden,Matthew Lynley via Endless Supplies .Ca - News

France wants autonomous high-speed trains by 2023

According to reports from FranceInfo, the SNCF, France's national state-owned railway company, announced on Friday that it is actively working to develop and deploy autonomous trains that will operate along its high-speed TGV lines by 2023. The so-ca...
by Andrew Tarantola via Endless Supplies .Ca - News