Daily Crunch: Target acquires Deliv’s delivery tech

Daily Crunch: Target acquires Deliv’s delivery tech

Target makes one other acquisition, social platforms wrestle with a “Plandemic” conspiracy video and Boston Dynamics’ robotic Spot encourages social distancing.

Here’s your Daily Crunch for May 8, 2020.

1. Target to accumulate same-day supply tech from Deliv

Target, which already owns on-demand supply service Shipt, is within the means of buying know-how property from same-day supply service Deliv . The retailer is characterizing the deal as extra of an R&D sort of acquisition, not one that may have a direct consumer-facing influence.

Deliv had raised greater than $80 million in enterprise capital funding. The acquisition worth is claimed to be immaterial to Target, which isn’t issuing a press launch or an 8-Ok submitting to notice.

2. Platforms scramble as ‘Plandemic’ conspiracy video spreads misinformation like wildfire

A coronavirus conspiracy video that includes a well known vaccine conspiracist is spreading like wildfire on social media this week, at the same time as platforms speak powerful about misinformation within the midst of the pandemic. The video took off mid-week after first being posted to Vimeo and YouTube on May 4. From these websites, it traveled to Facebook, Instagram and Twitter, the place it circulated far more extensively and racked up hundreds of thousands of views.

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3. Boston Dynamics’ Spot is patrolling a Singapore park to encourage social distancing

In a brand new pilot program, a distant operator will management Spot because it patrols round two miles of Singapore’s Bishan-Ang Mo Kio Park. A recorded message encourage social distancing can be broadcast from the robotic.

4. Microsoft and AWS alternate poisoned pen weblog posts in newest Pentagon JEDI contract spat

As you might recall, the DoD chosen Microsoft final fall because the successful vendor within the JEDI winner-take-all cloud infrastructure sweepstakes. Amazon took exception to the choice and went to courtroom to battle it. Since then, the 2 corporations have been battling in PR pronouncements and weblog posts making an attempt to get the higher hand within the warfare for public opinion.

5. SaaS shares defy gravity amid pandemic, report job losses

This week, shares of SaaS and cloud corporations reached new report highs following an earnings cycle that got here in higher than some anticipated. (Extra Crunch membership required.)

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6. A Chinese metropolis to pump life into native enterprise with WeChat dwell streaming

Messaging large WeChat, which instructions 1.16 month-to-month lively customers, introduced this week it’s partnering with the southern Chinese metropolis of Guangzhou to host a dwell stream purchasing competition in June. The initiative, during which a municipal authorities goals to pump up the native financial system by means of dwell streaming e-commerce, is first of its sort in China.

7. Student Discount: Join Extra Crunch for $50 per 12 months

Speaking of Extra Crunch: Graduation season is right here, and to have a good time we’re providing annual Extra Crunch memberships to college students for half worth. That’s a full 12 months of Extra Crunch for less than $50 (plus tax). You simply want a .edu or college e-mail tackle.

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