Tag: amazon
Big tech commits to paying wages for hourly employees affected by coronavirus plans
Following Microsoft’s lead from late last night, some the biggest technology companies in the U.S. have agreed to pay wages for hourly employees impacted by the ongoing corporate response to the coronavirus outbreak. It’s the right thing for companies to do, from both a health and safety perspective, and to…
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Amazon makes its same-day delivery service faster in select U.S. cities
Amazon this morning announced another step it’s taken to speed up same-day deliveries. The company has installed what it’s calling “mini-fulfillment centers” closer to where customers live in select U.S. markets, including Philadelphia, Phoenix, Orlando, and Dallas. The new facilities allow Amazon to reduce same-day delivery times down to just…
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Silicon Valley could be Biden’s funding lifeline post South Carolina
Presidential candidate Joe Biden is likely to throw a fundraising lifeline to Silicon Valley donors after his commanding South Carolina victory and heading into the next wave of primaries. A pro-Biden super Pac, Unite the Country — whose past backers include senior tech figures — is picking up efforts to…
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Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes
After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, Softbank announced this month that it would add an additional $1 billion into the fund to continue supporting tech startups across the region. While the Japanese investor faces the challenge of raising a second global fund after its…
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Daily Crunch: Amazon opens its first cashier-less grocery store
Amazon expands its Just Walk Out technology beyond convenience stores, Intuit acquires Credit Karma in its biggest acquisition ever and Grab raises hundreds of millions of dollars. Here’s your Daily Crunch for February 25, 2020. 1. Amazon opens its first cashierless grocery store Amazon is opening its first grocery store…
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Amazon opens its first cashierless grocery store
Amazon today is opening its first grocery store to pilot the use of the retailer’s cashierless “Just Walk Out” technology that has previously powered 25 Amazon Go convenience stores in a handful of major U.S. metros. Based in Amazon’s hometown of Seattle, the new Amazon Go Grocery store allows customers…
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