Tag: commerce

Tech

Samsung wants your fridge to be the command center for the connected home

ANALYSIS: From connected ovens to smart beds , the burgeoning “internet of random things” (IoRT ™) industry is showing no signs of easing. Earlier this week, Ring — funded to the tune of $209 million — announced a new version of its connected video doorbell. One day later, Samsung reminded us exactly how bizarre the…

Tech

What Amazon taught us this week: Data-centric companies will devour competitors

GUEST: The initial head-scratching phase over the Amazon-Whole Foods deal is giving way to some aha moments as commentators absorb the idea of a mostly online retailer buying something as tangible and localized as an organic grocery chain. They’re pointing out that Amazon will be acquiring a first-class logistics operation, a global distribution hub for…

Tech

These were the 10 biggest European tech stories this week

This week, Tech.eu tracked 12 technology M&A transactions, 2 IPOs and 57 tech funding deals totalling about €751 million (about $841 million) in Europe, Turkey and Israel. Here’s an overview of the 10 biggest European tech news items for this week: 1) Chinese e-commerce giant JD.com is investing $397 million in the London-based luxury fashion…

Tech

Facebook counters online extremism with new U.K. training program for NGOs

(Reuters) — Facebook is launching a UK program to train and fund local organizations to combat extremist material online, as internet companies attempt to clamp down on hate speech and violent content on their services. Facebook, which outlined new efforts to remove extremist and terrorism content from its social media platform last week, will launch…

Cloud

Stripe refocuses European effort with 6 new markets and expanded payments platform

Stripe  has announced a handful of tidbits that underscore the fast-growing fintech startup’s aspirations in Europe. Thus far, Stripe has only been fully available to businesses in the U.K., Ireland, Denmark, France, Spain, Norway, Finland, and Sweden. But as of this week, another six markets have been added to the mix: Germany, Switzerland, the Netherlands, Austria,…

Tech

With iPhone 8 launch looming, electronics firms stock up on memory chips

(Reuters) — Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple’s new iPhone 8 launch later this year threatens to worsen a global squeeze on supply. While heavyweights such as Apple and Samsung Electronics Co – which is also the world’s top memory chip maker –…

Tech

Analysis of 2 billion user stories explains how to compete with Amazon

Amazon really is an ecommerce behemoth. The retailer, which acquired Whole Foods earlier this week, already commands 50 percent of first-time product searches and dominates the ecommerce industry in almost every way. But that doesn’t mean it is untouchable. If you know what pushes the average consumer’s buttons, you too can succeed in spite of…

Tech

Like most of us, Amazon spent too much on Whole Foods

GUEST: We are entering an era of seismic change — retailers have started to right-size their physical assets (whether those are stores, transportation assets, or other physical capital investments) enabled by the move to cloud computing and the ability to intelligently connect stores, devices, warehouses, and transportation. Amazon, however, has been moving in the exact…

Tech

PayPal adds instant bank transfers — and not a minute too soon

ANALYSIS: PayPal is rolling out a feature that allows users to transfer money instantly to their banks accounts. For now the feature is limited to users who have supported Visa and Mastercard debit cards linked to their PayPal accounts. The feature is aimed at eliminating a point of friction that PayPal needs to address as…