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☆ CMOs are facing an existential crisis — but there is still time to secure the future of marketing
▼ + stars: | 2024-02-09 | by ( Raja Rajamannar | ) www.businessinsider.com time to read: +5 min

In his column for CMO Insider, Raja Rajamannar writes that it's not too late for CMOs to prove their impact. More recently, UPS and Walgreens joined the growing list of companies opting to merge their marketing and digital teams or move the marketing discipline into new posts, like chief growth officer, chief commercial officer, or chief customer officer. Find power in purposeIn the modern age of marketing – quantum marketing — purpose is no longer optional; it's an essential differentiator. The future of marketing shines bright, but it requires dedicated effort to realize its full potential. Raja Rajamannar is the chief marketing and communications officer and president of healthcare, at Mastercard

Persons: Raja Rajamannar, it's, —, Johnson, Wells, Rajamannar Organizations: Service, Fortune, UPS, Walgreens, Brands, Mastercard Locations: Wells Fargo

☆ After Vice Media's fall, 4 of its top marketers are starting their own agency focused on AI. Here's how they're pitching clients.
▼ + stars: | 2024-02-07 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

The result is Sounds Fun, which they call an AI and innovation studio and announced this month. He also said Sounds Fun would treat artists with respect, using their creative work with their consent and ensuring they're credited and compensated. One of their highest-profile projects at Virtue, and the kind of work Sounds Fun hopes to build on, was Coke's Y3000 project . For Microsoft's developer conference, Ignite, Sounds Fun worked with artists on a variety of AI experiences, including an AI vending machine that made individualized pieces of art and haikus based on people's utterances. Check out slides from the deck Sounds Fun is using to pitch marketers its work with AI and other technologies.

Persons: It's, Iain S, Thomas, Isabel Muñoz Cadilla, Alex Gangi, Martin Magner, they're Organizations: Virtue, Business, Media, Companies

☆ Google says Singapore has 'very high' potential to be a global AI hub
▼ + stars: | 2024-02-07 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc.SINGAPORE — Singapore has "very high" potential as a global AI hub — thanks in part to an environment that fosters innovation, a Google Cloud executive told CNBC. "In order for AI to really deliver on its potential, you need really good public and private partnerships," Caroline Yap, managing director, global AI business and applied engineering at Google Cloud, told CNBC. Yap was speaking on the sidelines of Explore AI summit in January, a meeting hosted by Google Cloud and the Singapore government to recognize the top generative AI solutions from organizations that took part in the "AI Trailblazers" initiative. That enables to build and test their own generative AI solutions in a controlled and dedicated cloud-based environment. Through the joint partnership, 43 organizations across government and industry sectors successfully built their own generative AI solutions utilizing Google's AI stack.

Persons: Caroline Yap, Yap Organizations: Google, Alphabet Inc, SINGAPORE —, CNBC, Singapore's Ministry of Communications, Digital Industry, Smart Nation and Digital Government Office Locations: Googleplex, SINGAPORE, SINGAPORE — Singapore, Singapore, Digital Industry Singapore, Yap

☆ Uber beats estimates as revenue and bookings see double-digit growth
▼ + stars: | 2024-02-07 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Uber reported fourth-quarter results Wednesday that beat analysts' estimates on top and bottom lines. Here's how the company did:Earnings per share: 66 cents vs. 17 cents expected by LSEG, formerly known as Refinitiv. 66 cents vs. 17 cents expected by LSEG, formerly known as Refinitiv. Uber's net income includes a $1 billion net tailwind thanks to "unrealized gains" from revaluations of its equity investments, according to a release. Uber anticipates an adjusted EBITDA of $1.26 billion to $1.34 billion, compared to the $1.26 billion expected by analysts.

Persons: Dara Khosrowshahi, Uber, LSEG, EBITDA, Khosrowshahi Organizations: APEC, Summit, Moscone West, LSEG, StreetAccount, Mobility Locations: San Francisco , California

☆ Jim Cramer says recent moves in Apple, Chipotle and Eli Lilly shares don't make sense
▼ + stars: | 2024-02-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday reminded investors that not all market moves are sensible, pointing to recent actions that he believes reflect faulty reasoning. To Cramer, Wall Street's treatment of Apple stock hasn't been wise. Cramer has long thought investors should own Apple, and said saw the value of the new virtual reality product before its official release. But Eli Lilly 's action has especially puzzled Cramer. The pharmaceutical giant announced on Tuesday its popular drug for weight loss and diabetes may also treat liver ailments.

Persons: CNBC's Jim Cramer, Cramer, Wall, Eli Lilly Organizations: Apple, Starbucks Locations: U.S

☆ Exclusive: Astarte Medical is shutting down. Here's why the infant tech startup decided to close its doors.
▼ + stars: | 2024-02-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +7 min

Tracy Warren cofounded Astarte Medical in 2016 to improve care for premature babies. Astarte, which sells software to standardize nutrition for babies in intensive care units, had raised $14 million in venture funding to date and landed contracts with four hospitals. Last year, the startup wasn't able to land as many new contracts as it hoped, with hospitals struggling to manage their slim margins. But Astarte ultimately decided not to make the promise to build AI into its tech for clinical decision-making. The startup is hoping to find a buyer by the end of the first quarter of the year.

Persons: Tracy Warren, Warren, Astarte, Tammi Jantzen, Katherine Gregory, Gregory, Warren didn't, Nenov, Jantzen, —, we've, we're, Medical's Organizations: Business, Brigham, Women's, Viking Global, Ben Franklin Technology Partners, Children's, Gillette Children's Hospital, Children's Hospital, Arkansas Children's Hospital Locations: Virginia, Minnesota, Arkansas

But nothing is certain yet, aside from the interest from mostly European and Western countries that bankroll CERN, which is home to the Large Hadron Collider. She said review committees had not turned up any “technical show-stoppers” for the project so far. Photos You Should See View All 45 ImagesHowever, the science that the future collider could generate remains largely unknown. “It’s true that at the moment we do not have a clear theoretical guidance on what we should look for,” Gianotti said. Monday’s briefing on the new collider included some proposed changes to the original plan announced in 2019.

Persons: ”, Fabiola Gianotti, ” Gianotti Organizations: GENEVA, —, European Organization for Nuclear Research, CERN, Collider, collider Locations: Swiss

☆ Buy these top tech stocks before it's too late, Morgan Stanley says
▼ + stars: | 2024-02-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Palo Alto Networks Analyst Hamza Fodderwala said the firm's recent security checks show cyber threats remain a top priority for IT. That bodes well for Palo Alto in 2024 and beyond, according to Fodderwala. Further, Palo Alto is better positioned for AI than investors believe, Fodderwala added. Palo Alto is scheduled to report earnings in late February. But investor skepticism remains leaving Hettenbach to pound the table for RCM shares.

Persons: Morgan Stanley, James Faucette, Faucette, Hamza Fodderwala, Fodderwala, Craig Hettenbach, Hettenbach, Docebo Organizations: CNBC, Palo Alto Locations: Palo Alto, Docebo, Tenable, Palo, Hettenbach

☆ India's finance minister touts unlikely export growth in a world of uncertainty
▼ + stars: | 2024-02-02 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +4 min

Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India. So a lot of new people are accessing India," Sitharaman said, while touting that India was able to showcase its digital public infrastructure at the G20 summit it hosted in New Delhi last year. Sitharaman, when asked about what economic issues will define the vote, said "if economic issues are to dominate the election, it would be the recipients of the beneficiaries themselves coming out to say, 'I'm empowered now'." "If anything, for us it will be performance on the economic issues, good performance, inclusive growth that we've offered." The interim budget is typically a stop-gap financial plan during an election year, aimed at meeting immediate financial needs before a new government is formed.

Persons: Nirmala Sitharaman, Sitharaman, CNBC's, CNBC's Sri Jegarajah, Narendra Modi's, Pranjul Bhandari, Bhandari, Anantha Nageswaran Organizations: Hindustan Times, Getty, India's, CNBC's Sri, Mar, CNBC, India's Finance Locations: New Delhi, India, Europe, America, Brazil, Africa, Indonesia

☆ The two key updates in Apple's earnings that sellers of the stock are overlooking
▼ + stars: | 2024-02-01 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Cash flow and capital allocation In its June quarter, Apple generated operating cash flow and free cash flow results that handily exceeded Street expectations. The Mac's return to growth is also notable, especially given the shorter quarter, indicating a significant acceleration in growth versus the September quarter. In services, sales advanced 11% year over year on the back of double-digit growth in paid subscriptions. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Tim Cook, Cook, Apple, Siri, we're, it's, Luca Maestri, We've, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Apple, Vision, CNBC, Apple Vision, Getty Locations: China, Malaysia, Mexico, Philippines, Poland, Turkey, India, Indonesia, Saudi Arabia, Chile, Kantar, U.S, Japan, Australia

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Microsoft, Qualcomm, Target, AT&T, Tesla & more
▼ + stars: | 2024-02-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: Morgan Stanley downgrades ZoomInfo to equal weight from overweight Morgan Stanley said it sees a slowing recovery for the software company. Morgan Stanley reiterates General Motors as overweight Morgan Stanley said it's standing by the auto giant and that GM shares are "cheap." Mizuho reiterates Nvidia as buy Mizuho said it's standing by the stock heading into its GTC Conference in March. Morgan Stanley names Docebo a top pick Morgan Stanley named the ed-tech company a top pick. " Morgan Stanley reiterates Bloom Energy as overweight Morgan Stanley said the energy company is an "underappreciated AI winner."

Persons: Morgan Stanley downgrades ZoomInfo, Morgan Stanley, Oppenheimer, AAPL, it's, Mizuho, Goldman Sachs, Goldman, Redburn, Tesla, Daiwa, Jefferies, StoneCo, Wells, JPMorgan downgrades Lennox, LII, Docebo, Kraft Heinz, Mondelez, Kate McShane, Wolfe, Cash Organizations: OW, Apple, Motors, Nvidia, Conference, Citi, Qualcomm, Samsung, Deutsche Bank, Deutsche, Humana, Microsoft, Rockwell Automation, Rockwell, JPMorgan, UBS, SilverBow Resources, Regency, Kraft, Target, RBC downgrades New York Community Bancorp, RBC, New, Community Bancorp, Bloom Energy, Boston Scientific, Mizuho Locations: Boston

☆ South African innovator’s medicine-dispensing lockers win prestigious prize
▼ + stars: | 2024-02-01 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

London CNN —A South African entrepreneur who designed a smart locker system that improves access to healthcare has won a major award for African engineering. In June, the usual iteration of the Africa Prize will also go ahead, during which four finalists will battle it out for a £25,000 ($31,600) prize. “There isn’t enough funding available for African startups,” she tells CNN. “We don’t want all the funding to come in the form of grants, as we see in the Africa Prize. We want investors to start to believe that they can also make money by investing in African startups.

Persons: Pelebox, King Charles III’s, Anne, James Oatway, Royal Academy of Engineering Hutiri, ’, ”, Aisha Raheem, Farmz2U, Samuel Njuguna, Rebecca Enonchong, It’s, That’s, “ Organizations: London CNN, UK’s Royal Academy of Engineering, Africa, Engineering Innovation, Academy, SMS, Royal Academy of Engineering, “, CNN, Chura, The Academy Locations: African, London, South Africa, Namibia, Botswana, Africa, Nigerian, Kenya, Nigeria, Egypt

☆ ChatGPT probably won't help create biological weapons, OpenAI says
▼ + stars: | 2024-02-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewOpenAI thinks there's only a slight chance that ChatGPT could be used to help create biological threats. Experts have warned that AI could be used to facilitate biological terror attacks, either by helping terrorists create biological and chemical weapons or by helping them plan their attacks. The GPT-4 group was given access to a research-only version of the model that, unlike ChatGPT, has fewer "security guardrails in place" it said. OpenAI did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, there's, Dario Amodei, Mark Zuckerberg, OpenAI Organizations: Service, Business, Rand Corporation

☆ Why Elon Musk's battle with Delaware is about more than a $55 billion pay package
▼ + stars: | 2024-01-31 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Musk's Tesla pay was structured without a salary to involve 12 stock option awards that would only be given once performance goals for each of them were met. Though Musk can appeal the decision, there are signs that this battle is about more than just the massive pay package that has propelled him to a $205 billion fortune. The carmaker is currently worth $600 billion, up from roughly $50 billion in 2018, when Musk received his pay plan. So it's reasonable to take Musk at face value when he says his Tesla pay, as McCormick put it, is a "means of bankrolling that mission." Closer to home, Musk's legal battle could trigger a rethink of where Corporate America goes to do business.

Persons: —, Elon, Thomas Jefferson, Tesla, Richard Tornetta —, Musk, Judge Kathaleen McCormick, Musk's Tesla, Chandan Khanna, …, Judge McCormick, McCormick, DealBook, that's Organizations: Service, The, The Diamond State, Business, SpaceX, Toyota, Delaware Inc, Corporate America Locations: Delaware, The Diamond, Tesla, Mars, America's, America, Nevada, Texas

PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC. The cuts will affect both existing roles and job listings that PayPal had planned to hire for, and will take place over the course of the year, Chriss wrote. If your role is included in this workforce reduction, you will be notified between today and the end of the week. PayPal has significant potential to create substantial value for our employees, our customers, and shareholders. I am confident that our PayPal community will come through this period even stronger, and I am optimistic about the future we will create together.

Persons: Alex Chriss, Chriss, Alex Don't Organizations: PayPal, CNBC, Intuit, CNBC PRO

☆ The rapid advancement of AI is digitally transforming businesses. Here's what that means for business leaders.
▼ + stars: | 2024-01-30 | by ( Sponsor Post | ) www.businessinsider.com time to read: +4 min

Leaders should start with the basics and understand what AI is and what it means for their business. Courtesy of World Wide TechnologyThe spectacular introduction of generative AI into mainstream consciousness can make it feel like the underlying technology is unique. The imperative to be proactiveAI is, and will continue to be, a transformative force in today's business world. To realize its benefits, organizations need an approach to AI solution development and adoption that is thoughtful, strategic, and practical. This post was created by World Wide Technology with Insider Studios.

Persons: Jim Kavanaugh Organizations: Fortune, Technology, Insider Studios

☆ 'I will bleed Goldman Sachs forever': Wall Street banker Jim Esposito tells GS partners why now is the time to step down — and reflects on brushes with everyone from 'Buffett to Beckham'
▼ + stars: | 2024-01-29 | by ( Reed Alexander | Dakin Campbell | ) www.businessinsider.com time to read: +2 min

Goldman Sachs on Monday said that Jim Esposito, one of the bank's three co-heads of global banking and markets and a potential CEO contender, would be stepping down . He said he's developed a sense of restlessness and suggested he's leaving because he's eager for a change of pace. Goldman Sachs is one of the most powerful investment bank on Wall Street and its leaders often go on to do great things, including heading up firms or taking on leading roles in government. "As the pace of innovation accelerates at a mind blowing speed, there's a strong pull to explore new adventures," Esposito wrote, concluding later: "Keep winning as our results will always define us. I will bleed Goldman Sachs forever."

Persons: Goldman Sachs, Jim Esposito, he's, I've, Esposito, Buffett, Beckham, Berkshire Hathaway, Warren Buffett, David Beckham, Goldman's Organizations: Business

☆ Alphabet, Microsoft and Meta close at all-time highs ahead of earnings next week
▼ + stars: | 2024-01-25 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

Alphabet shares climbed to a record on Thursday, joining Microsoft and Meta , which have continued to rally since reaching fresh all-time highs earlier this month. Shares of Alphabet rose 2.1% to close at $151.87. The rally comes ahead of quarterly earnings reports next week from the mega-cap tech companies. Alphabet shares jumped 58% last year and are now up 8.7% to start 2024. Microsoft leads Alphabet in the cloud-computing market, though it still trails Amazon Web Services.

Persons: Meta, Piper Sandler Organizations: Microsoft, Meta, Apple, Investors, Mizuho Securities, LSEG, Nvidia

☆ Amazon's Audible CEO declines to say layoffs are over and warns of 'storms' ahead during a tense all-hands meeting
▼ + stars: | 2024-01-25 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Audible CEO Bob Carrigan answered a barrage of employee questions. The heightened anxiety at Audible reflects broader concerns rippling through Amazon's workforce lately about continued job losses. That's even after the internet giant slashed thousand of positions in multiple rounds of layoffs since late 2022 . "We've made a lot of improvements, but we've got more work to do," Carrigan said during the meeting.

Persons: —, Bob Carrigan, That's, We've, we've, Carrigan, I've Organizations: Service, Business, Amazon, Audible's, Adobe, Spotify

Publicly listed data company LiveRamp's $200 million acquisition of data clean room provider Habu looks set to fire the starting pistol for a more buoyant year of adtech and martech M&A, experts have predicted. He noted that while ad teams aren't using these clean rooms en masse, many have activated them, which bodes well for the Habu acquisition. ID5's technology is deployed by the most online publishers of any identity service, according to Sincera , which measures which adtech companies are used across the industry. LiveRamp, also, could be an acquisition target, Salmon noted, as it builds out new data offerings like the clean rooms it will inherit from Habu. But not everyone is predicting the Habu acquisition will necessarily lead to an influx of M&A around cookieless adtech.

Persons: Conor McKenna, Luma's McKenna, Shailin Dhar, Dhar, Mathieu Roche, who've, InfoSum, Myles Younger, Dan Salmon, Wayne Blodwell, ID5, Roche, " Roche, Salmon, Elgin Thompson, hasn't, Thompson Organizations: Business, LUMA Partners, FIT Holdings, Companies, New, Research, Impact Media, Citizens JMP Securities, Walmart Locations: adtech, LiveRamp, Habu

Speaking at a Cabinet retreat, Trudeau said that Trump “represents uncertainty. Trudeau said that his industry and trade ministers will lead the “Team Canada approach” with the business community. Trump as president called Trudeau “weak” and “dishonest” and attacked Canada’s vital trade. Nelson Wiseman, a political science professor at the University of Toronto, said the Trudeau government is anxious about the prospect of another Trump presidency. "The impact would be greater on Canada than on any other country with the possible exception of Mexico,” Wiseman said.

Persons: —, Donald Trump, Justin Trudeau, Trudeau, ”, “, Trump, ” Trudeau, Kirsten Hillman, Washington's, ” François, Philippe Champagne, ” Daniel Béland, ” Béland, Nelson Wiseman, Wiseman, ” Wiseman Organizations: TORONTO, Trump, New, Republican, Trudeau’s, “ Team Canada, American Free Trade, U.S, Trade, Canada’s, Innovation, Science, Industry, McGill University, University of Toronto, “ Locations: Canada, U.S, Iowa, Montreal, Mexico, United States

☆ Mass layoffs hit Sports Illustrated staff
▼ + stars: | 2024-01-19 | by ( Rob Wile | ) www.cnbc.com time to read: +2 min

The publisher of Sports Illustrated is laying off much of the storied magazine's entire staff. The news, first reported by Front Office Sports, came less than 24 hours after publisher The Arena Group announced "a significant reduction in its workforce," comprising 100 employees. According to FOS, Sports Illustrated's parent company, Authentic Brands Group, has sought to revoke Arena's license to publish SI after Arena missed a payment. The union representing SI's staff said in a tweeted statement that it had been notified of Arena's intention to "lay off a significant number, possibly all" of its union-represented staff. "This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship," the union said in a statement.

Persons: Richard Deitsch, Long, Ross Levinsohn, Manoj Bhargava, Bhargava Organizations: Sports Illustrated, Front Office Sports, Arena, Authentic Brands, The, Arena Group, SI, Authentic Brands Group, NBC News, Time Inc, Meredith Corp, Better Homes, Gardens, Sports, Innovations Ventures, Men's, Sports Illustrated Resorts Locations: Dominican Republic

The hefty Davos promotions come after India surpassed China last year as the world's biggest country by population. Now India is touting its growing strength as a nation of innovation and as a global business hub in front of some of the world's richest and most powerful people. "As China's economy slows down, India's relatively rapid growth stands out as a clear opportunity for investors in Davos looking for bright spots." "We had an all-time revenue record in India," Apple CEO Tim Cook said on the company's latest earnings call in November, in response to an analyst's question about the company's momentum there. Hidary said Indian billionaire Mukesh Ambani's smartphone company Jio will serve about 600 million people in India through a $12 device.

Persons: There's, Ravi Agrawal, Agrawal, Narendra Modi, that's, Tim Cook, Apple Tim Cook, Punit Paranjpe, Jack Hidary, Hidary, Mukesh, Ambani Organizations: India Engagement, Wipro, Infosys, Tata, Foreign Policy, CNN, CNBC, World Bank, International Trade Administration, Visual, Bank of India, Dell, HP, Lenovo, Apple, AFP, Getty, India, AMD, Nvidia, Micron, WEF Locations: DAVOS, Switzerland, Davos, India, China, CNN India, Maharashtra, Tamil Nadu, Telangana, Karnataka, U.S, Mumbai, Bangalore, Gujarat

Political Cartoons View All 253 ImagesStill, country music has broken new ground. He says country music is now in a position where people who “maybe never gave us a chance” are listening to country music with an open-mindedness. Smyers has his own theories to why country music is experiencing this explosive period. “And I feel like country music kind of does the authenticity thing better than any other genre.”Up-and-comer Megan Moroney agrees. “I just kind of stay in my lane and do the best I can with supporting country music,” she told AP.

Persons: Morgan Wallen, Zach Bryan, Luke Combs, Roll, Harvey Mason, ”, Kacey Musgraves, Jason Aldean’s “, Wallen’s “, Combs, Tracy Chapman’s, Oliver Anthony’s, “, Richmond ”, Wilson’s Deana Carter, Bailey, Wilson, Gabby Barrett, Carly Pearce, Ingrid Andress, Dan Smyers, Dan, Shay, Justin Bieber, I’ve, Smyers, Dustin Lynch, Darius Rucker, “ I've, Megan Moroney, there's, Reba McEntire, Blake Shelton, John Legend, Chance, Garth Brooks, Brooks, fiddles, ” Brooks, it’s Organizations: ANGELES, Recording Academy, Associated Press, North, Richmond, “, AP, United, CBS, Paramount, Crypto.com Locations: —, U.S, Luminate, United States, Philippines, Indonesia, India, Brazil, Mexico, Germany, Vietnam, Europe, America, Nashville, Los Angeles

☆ Walmart is betting big on new technology. But can it deliver where others haven’t?
▼ + stars: | 2024-01-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

New York CNN —Walmart is joining the AI, drone and tech race. The superstore announced that it is offering drone delivery for up to 75% of the Dallas area’s population, or about 1.8 million homes. But drone delivery as a concept isn’t new, and Walmart’s timeline to take off in Dallas is remarkably short. Normally, customers who need to shop for a Super Bowl party search for items on the Walmart app individually, the company said. Walmart also announced advancements in its InHome service, which it debuted in 2019 to deliver groceries straight into customer’s refrigerators.

Persons: Doug McMillon, Satya Nadella, it’s, ” McMillon, John Locher, Jeff Bezos, Prathibha Rajashekhar, It’s, Walmart’s InHome Organizations: New, New York CNN, Walmart, Consumer, Sam’s Club, CES, Sam’s, Fort, Dallas, Amazon, UPS, Volkswagen, Federal Aviation Administration, CNBC, FAA, Amazon’s, Air, Technology, Microsoft, Apple, Super, Business Locations: New York, Las Vegas, Dallas, Fort Worth Area, Italy

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