Target makes one other acquisition, social platforms battle with a “Plandemic” conspiracy video and Boston Dynamics’ robotic Spot encourages social distancing.
Right here’s your Each day Crunch for Could 8, 2020.
1. Goal to accumulate same-day supply tech from Deliv
Goal, which already owns on-demand supply service Shipt, is within the technique of buying expertise property from same-day supply service Deliv . The retailer is characterizing the deal as extra of an R&D kind of acquisition, not one that can have a direct consumer-facing affect.
Deliv had raised greater than $80 million in enterprise capital funding. The acquisition worth is alleged to be immaterial to Goal, 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, whilst platforms speak robust about misinformation within the midst of the pandemic. The video took off mid-week after first being posted to Vimeo and YouTube on Could 4. From these websites, it traveled to Fb, Instagram and Twitter, the place it circulated way more broadly and racked up tens of millions of views.
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 might be broadcast from the robotic.
4. Microsoft and AWS change poisoned pen weblog posts in newest Pentagon JEDI contract spat
As it’s possible you’ll 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 court docket to struggle 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 struggle for public opinion.
5. SaaS shares defy gravity amid pandemic, document job losses
This week, shares of SaaS and cloud corporations reached new document highs following an earnings cycle that got here in higher than some anticipated. (Additional Crunch membership required.)
6. A Chinese language metropolis to pump life into native enterprise with WeChat reside streaming
Messaging big WeChat, which instructions 1.16 month-to-month lively customers, introduced this week it’s partnering with the southern Chinese language metropolis of Guangzhou to host a reside stream procuring competition in June. The initiative, by which a municipal authorities goals to pump up the native financial system by way of reside streaming e-commerce, is first of its form in China.
7. Scholar Low cost: Be a part of Additional Crunch for $50 per 12 months
Talking of Additional Crunch: Commencement season is right here, and to have a good time we’re providing annual Additional Crunch memberships to college students for half worth. That’s a full 12 months of Additional Crunch for under $50 (plus tax). You simply want a .edu or college e-mail tackle.
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