Chief executives from four of the world’s most powerful companies will defend the vast empires they’ve built in testimony before Congress on Wednesday. In a hearing held by the House’s Antitrust Subcommittee, Jeff Bezos, Tim Cook, Sundar Pichai and Mark Zuckerberg will all face questions about how their business practices propelled them into the market-dominant […]

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Swiss computer vision startup Advertima has raised a €15 million Series A (~$17.5 million) to build out a machine learning platform for physical retail stores to ‘upgrade’ the shopping experience via real-time shopper behavior analytics. The round is led by existing shareholder, Fortimo Group, a Swiss real estate company. Fed by visual sensors, Advertima’s platform […]

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Flipkart on Tuesday launched a hyperlocal service in suburbs of Bangalore, four years after the e-commerce group abruptly concluded its previous foray into this category. The e-commerce group, owned by Walmart, said Flipkart Quick leverages the company’s supply chain infrastructure and a new location mapping technology framework to deliver within 90 minutes to customers more than […]

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Walmart’s recent partnership with Shopify to expand its online marketplace appears to already be paying off.  The retailer in June announced it was opening its marketplace to Shopify’s small business sellers with the goal of onboarding 1,200 new sellers by the end of 2020. Following the Shopify announcement, the marketplace added 3,000 more sellers in […]

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