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☆ Aldi is the latest grocery store to use a rival version of Amazon's Just Walk Out tech
  + stars: | 2024-02-08 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +2 min
Aldi is reportedly testing checkout technology similar to Amazon's Just Walk Out at a store. The technology, from startup Grabango, has been used at a Chicago-area Aldi store since November. AdvertisementAldi is the latest retailer to add in-store technology that functions like Amazon's Just Walk Out checkout system. Like Amazon's Just Walk Out, Grabango's technology allows customers to download an app on their phone and add their credit card information. AdvertisementHave you visited the Aldi store in Aurora and have a story idea or insight to share?
Persons: — Organizations: Aldi, Retailers, Service, Amazon, Foods, Grabango, Business Locations: Chicago, Aurora , Illinois, Aldi's, North Carolina, Aurora
☆ Four days of panic: How startup execs navigated SVB's meltdown and prepared for the worst
  + stars: | 2023-03-15 | by ( Ari Levy | ) www.cnbc.com   time to read: +8 min
A Silicon Valley Bank worker talks with people lining up outside of the bank office on March 13, 2023 in Santa Clara, California. Refreshing GoogleOtter.ai founder and CEO Sam Liang spent Monday driving to SVB branches in Silicon Valley to try and retrieve millions of dollars of his company's money. "I checked Google like 20 times an hour, watched [Treasury Secretary Janet] Yellen talking about not bailing out Silicon Valley Bank." Silicon Valley Bank customers listen as FDIC representatives, left, speak with them before the opening of a branch SVBs headquarters in Santa Clara, California on March 13, 2023. "But at the moment, as long as Silicon Valley Bridge Bank is 100% federally guaranteed, there's no need to diversify.
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