Walmart
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Walmart cancels SNES Classic pre-orders, says ‘technical glitch’ made it appear
A few days ago — seemingly out of nowhere — a product page for Nintendo’s upcoming SNES Classic went live on Walmart.com, complete with a pre-order button. The Twitterverse lit up with people trying to share the news before the resellers caught on. As did my phone. Didn’t get your pre-order in? That’s okay. It looks like no one is getting them. Read More
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Winners and losers in Amazon’s $13.7B purchase of Whole Foods
Amazon is taking a huge bite out of the fresh food business with its bid for Whole Foods Market for $13.7 billion. But even though this is a deal between two companies, it’s not just the two of them being touched by it. The intersection between the food and tech industries has been playing out for years now, sprouting dozens of food startups; efforts from large tech companies to move… Read More
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Blue Apron could deliver an IPO in 2017, but should it?
Meal kit makers Blue Apron may be preparing to file for a 2017 IPO, according to Reuters. The report says that the food startup has hired bankers from Goldman Sachs, Morgan Stanley and Citigroup to this end. The whole thing has stirred up quite the conversation over here at TechCrunch, and we’ve been arguing amongst ourselves about the likelihood that the Blue Apron IPO happens soon, or… Read More
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Walmart’s app will now let Pharmacy and Money Services customers skip the line
Walmart is today rolling out an updated app that will allow those visiting the store’s Pharmacy or Money Services desk to skip having to wait in line, the company says. After entering their personal information in the app, customers can order prescription refills or fill out other necessary paperwork from their phone. When they arrive at the store, they will then get in a… Read More
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Walmart is buying Jet.com for $3 billion
Walmart Stores is buying Jet.com in a deal worth $3 billion dollars according to a source with direct knowledge of the deal, confirming reports that have been pouring in about the bid for Jet.com all week. According to our source the signatures for the deal were dry on Friday and will be announced as early as Monday morning — echoing what was reported in both Bloomberg and Recode.… Read More
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How chief information officers become chief innovation officers
In the early 1900s, large organizations needed another type of CEO: Chief Electricity Officer. Before there was an accessible and reliable power grid to plug into, organizations that needed electricity employed a CEO to make sure they had steady and cheap access to this vital commodity. Given the aging data center architecture, it’s now the Chief Innovation Officer who is increasingly… Read More
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MCX postpones rollout of Apple Pay rival CurrentC, lays off 30, will focus on bank deals
As merchants like Walmart move ahead on their own mobile payment strategies, a consortium that once counted Walmart — along with a number of other big retailers and brands — behind it, has taken a step back. Merchant Customer Exchange (MCX) today announced it would postpone a nationwide rollout of CurrentC, a smartphone payment initiative originally conceived as a mobile… Read More
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Walmart Launches OneOps, An Open-Source Cloud And Application Lifecycle Management Platform
Walmart (yes, that Walmart), is launching a new open source DevOps platform for cloud and application lifecycle management. OneOps, which was developed by Walmart Labs, is meant to help developers write and launch their apps faster and make maintaining them easier. The company first announced its plans to open source the service last year. “Our mission is to give our customers the… Read More
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Walmart Now Offering Low-Cost Mobile Checking Accounts Through Exclusive Deal With Green Dot’s GoBank
Apple Pay what again? Walmart is getting into the mobile banking space, the company announced this morning, through a partnership with financial services provider Green Dot Corporation. The company’s low-cost checking account product called GoBank is now being made available exclusively at Walmart, offering customers an overdraft-free bank account with no minimum balance requirements.… Read More
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