Tag: Commerce

Early adopters show blockchain’s big potential for Latin America

There’s a reason Venezuela’s oil-backed cryptocurrency, the Petro, hasn’t been heralded by most experts as the solution to the country’s rampant inflation and political crisis. The Petro, by most accounts, isn’t backed by oil reserves – in actuality it’s backed only by a discredited government’s promise, launched in a region that has an unfortunate history […]

Read More

Tron’s 28-year-old CEO wants to use blockchain games and BitTorrent to decentralize the internet

An estimated 80 percent of the companies that raised funding via initial coin offerings (ICOs) have been called scams by researchers at the Satis Group. But Justin Sun, the 28-year-old CEO of Tron, wants to prove that his company is different. Sun, a Chinese entrepreneur who became wealthy as the creator of Peiwo, China’s version […]

Read More

In India, Amazon and Walmart face off against the country’s richest man

As Amazon and Walmart-owned Flipkart scramble for ways to work around the impending new strict ecommerce policy in India, the two companies today stumbled upon a new challenge: India’s richest man. Mukesh Ambani, who runs Reliance Industries, the country’s largest industrial house, announced today that his company will roll out a new online shopping platform […]

Read More

PitchBook: European VC investment rose 4.2% in 2018, but number of deals dropped 25.9%

Europe recorded a bumper year for venture capital (VC) investment in 2018, even though the overall number of deals fell by more than a quarter. The findings were published as part of data and research company PitchBook’s annual European Venture Report, which revealed that a total of €20.5 billion ($23.3 billion) was invested across 3,384 deals […]

Read More

YouTube wins back AT&T, one of the biggest advertisers in the U.S., after extremist content controversy

Nearly two years after pulling its ads from YouTube after they appeared alongside controversial content, AT&T has announced that it is returning to Google’s video-streaming platform. Because YouTube’s ad platform is programmatic, meaning software decides where ads are placed rather than humans, brands haven’t always had as much control as they would like in terms […]

Read More

Want your sales teams to always be closing? Adopt AI (VB Live)

Artificial intelligence can increase your leads and appointments by 50 percent, reduce costs up to 60 percent, cut call time up to 70 percent, and slash admin work by 40 percent. So why aren’t your sales teams totally AI-enabled? Learn more about how AI can help your salespeople take back their time and close the […]

Read More

Square’s new debit card gives merchants instant access to funds, discounts with other sellers

Square is offering business owners their very own Square debit card, one that gives sellers immediate access to their funds after a sale. Businesses that sign up for Square Card will initially also receive a 2.75 percent discount on all purchases made with other sellers on the Square platform. Though Square is better known for […]

Read More

Pro.com raises $33 million to match home renovators with general contractors

Home improvement is easier said than done, depending on the complexity of the job at hand. Finding a reliable contractor takes weeks, if you’re lucky. And if you’re not, botched jobs and construction delays can turn a straightforward remodel into a renovation from hell. That’s where Pro.com comes in — or so goes the elevator pitch. […]

Read More

Amazon’s AWS launches full-managed data backup service

Amazon Web Services (AWS) has announced a new backup service for companies using its cloud computing platform. With AWS Backup, the Amazon subsidiary is making it easier for its customers to back up all their data into a fully-managed, centralized silo — this includes data stored on AWS and on-premises servers. It’s worth noting here […]

Read More

Robomart to roll out driverless grocery store vehicles in Boston area this spring

Robomart today announced a partnership with grocery store chain Stop & Shop to deploy driverless store vehicles in the Boston area this spring, the startup’s first planned deployment with a major retail customer. The vehicles will be stocked with Stop & Shop inventory. Selections available on the vehicle will include pre-packaged meal kits, confectionary snacks […]

Read More

Inside Sirin Labs’ first blockchain smartphone retail store

Way back in March 2016, an Israeli stealth startup called Sirin Labs unveiled the premium privacy-focused Solarin smartphone. The catch? The device would cost a hefty $14,000 — somewhat outside the price range of the average consumer. Fast-forward nearly three years, and Solarin is no more. Sirin Labs actually announced a pivot back in March […]

Read More

Bold Commerce raises $16.5 million to bring AI to ecommerce stores on Shopify and elsewhere

Bold Commerce, a software development company that builds tools, integrations, and enhanced functionality for ecommerce stores, has raised CDN$22 million ($16.5 million) in a series A round of funding from Whitecap Venture Partners and Round13 Capital. Founded out of Winnipeg, Canada, in 2013, Bold Commerce currently develops 20 apps that can be integrated with some of […]

Read More

IBM, Ford, LG Chem lead blockchain coalition for ethically sourced minerals

A coalition of companies led by IBM will use blockchain technology to ensure that the supply chain for minerals will be ethically sourced. The coalition includes Ford Motor, Huayou Cobalt, LG Chem, and RCS Global. We’ve all heard about “blood diamonds” and conflict minerals, where mined goods are used to fuel wars and human rights […]

Read More

Netflix raises U.S. subscription prices by up to 18%

(Reuters) — Netflix is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. Prices for its popular standard plan, which allows streaming on two devices at the same time, will be […]

Read More

Automattic announces Newspack, a next-gen news publishing platform backed by Google

WordPress.com parent Automattic has announced a new publishing platform for news sites, designed to help small to medium-sized publications generate more revenue. The initiative, which is called Newspack by WordPress.com, is launching in partnership with News Revenue Hub and Spirited Media. Interestingly, Newspack is backed by $2.4 million in funding from big names, including Google, through […]

Read More

Apple’s HomePod arrives in China for $414 on January 18

Apple has confirmed that HomePod, its Siri-enabled wireless speaker, will go on sale in China and Hong Kong on January 18. The Cupertino company revealed in December that it would bring HomePod to China in 2019, and it listed the HomePod on its local website. Today’s news, however, comes shortly after Apple slashed its Q1 outlook, blaming lower-than-expected […]

Read More

Pensa Systems uses autonomous drones to track store inventory

There’s perhaps no retail task more time-consuming than taking stock of merchandise. Inventory tracking — that is, figuring out which products are in stock, which stock is likely to run low in the next week, and so on — is a never-ending battle, as shoppers spend an estimated 40 billion hours picking things off store […]

Read More

I want to buy pizza with Bitcoin again

The world can’t seem to define crypto, and that is a problem. Not that there aren’t a million different explanations floating around the internet distinguishing money system coins from utility tokens from security tokens, there are. The big problem arises from how all these different crypto entities are being treated by nearly everyone in the […]

Read More

How automated supermarkets are shaping up for 2019 and beyond

Barely a week into 2019, and we’re already spotting some of the big technology trends of the year. True to form, the consumer electronics extravaganza that is CES shone a light on some of the quirkier “advances,” from connected toilets to custom 3D-printed insoles. But for every bonkers conception, we also glimpsed innovations we can […]

Read More

Apple considered Samsung and MediaTek for 5G modems in 2019 iPhones

(Reuters) — Apple held talks with Samsung Electronics and MediaTek along with existing vendor Intel to supply 5G modem chips for 2019 iPhones, according to an Apple executive’s testimony at a trial between Qualcomm and the U.S. Federal Trade Commission on Friday. Between 2011 and 2016, Apple relied on San Diego-based Qualcomm as the sole […]

Read More