Isuzu partners with Silicon Valley self-driving startup on autonomous delivery trucks

On Tuesday, Isuzu North America Corp and silicon Valley self-driving startup Gatik said, they will collaborate to build autonomous delivery trucks which will be used by Gatik to serve its retailer customers. Gatik works with Walmart Inc in Louisiana and Arkansas and with Loblaw Companies Ltd in Canada to deliver goods to stores from warehouses…

ByteDance weaponizes legal system through endless negotiations, revised filings

According to a court filing, the Trump administration has granted TikTok’s owner ByteDance a new seven-day extension to an existing order directing the Chinese company to sell its TikTok short video-sharing app. Earlier the the Trump administration had granted ByteDance a 15-day extension which was set to expire on Friday. On August 14, U.S. President…

Walmart in partnership discussions with Comcast to develop and sell Smart TVs

According to sources familiar with the matter at hand, Comcast and Walmart Inc are in collaborative talks to develop and distribute smart TVs. Under the terms of discussion, Walmart will promote TV sets running Comcast software and in return get a share of recurring revenues from Comcast. Comcast is competing with Apple TV+ and Netflix…

Groceries delivery startup wins extra $271 million in new funding round in November 2018

Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…

Amazon removes $25 free shipping hurdle for U.S. holiday shopping season

The move, is likely to significantly boost competition against Amazon’s competitors such as Walmart Inc and Target Corp. On Monday, in an effort to surge past the competition from rivals, including Walmart inc, Amazon.com stated it would offer free shipping with no purchase minimum for this holiday shopping season. Amazon’s U.S.-only promotion, effective from November…