• Amazon to open checkout-free stores in Chicago and San Francisco

    5 monthes ago - By Reuters

    Amazon.com Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement this week, confirming reports it will expand the concept beyond its pilot in Seattle.
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  • Google and Facebook will be big winners if casinos 'scorch the earth' on marketing after the federal ban on sports betting was overturned

    Google and Facebook will be big winners if casinos 'scorch the earth' on marketing after the federal ban on sports betting was overturned

    5 monthes ago - By Business Insider

    The Supreme Court's ruling that a nationwide ban on sports betting is unconstitutional could mean added advertising dollars to Google and Facebook .
    If companies like DraftKings and FanDuel could have a larger market, they'll want try to acquire more users and spend more ad dollars on Google and Facebook.
    The deregulation could also make it easier for Facebook to get back into the sports-betting business.
    Watch Google and Facebook trade in real time here.
    Google and Facebook could reap the benefits from the Supreme Court's ruling that a nationwide ban on sports betting is unconstitutional...
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  • Lime is reportedly trying to squeeze up to $500 million out of VCs

    5 monthes ago - By Tech Crunch

    Lime, the electric scooter and bike company, is looking to raise up to $500 million in new funding, Axios reports , citing sources. The round could come in the form of both equity and debt, according to Axios.
    To date, Lime has raised $132 million from investors. Its most recent round was just in February, when it raised $70 million from Fifth Wall. I've reached out to Lime about this potential new round and will update this story if I hear back.
    Earlier this month, Lime announced a partnership with Segway to build version two of its electric scooters. Lime, along with its competitors Bird...
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  • 17 things Costco members do that make employees cringe

    17 things Costco members do that make employees cringe

    5 monthes ago - By Business Insider

    Costco membership gives people access to the popular warehouse chain.
    But it doesn't entail members to do whatever they want in the store.
    At the very least, certain behaviors will prompt eye-rolling and judgment from Costco's employees.
    Business Insider corresponded with 48 Costco employees, who shared the things that members do that make them cringe.
    Costco employees aren't going to thank you for leaving frozen foods in the clothing section or talking on the phone during checkout.
    Costco employees deal with scores of members all day. As with any job, certain interactions are going to be...
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  • Tesla Model 3 production will “quite likely” exceed 500 cars per day this week

    5 monthes ago - By Fast Company

    The number is impressive, but below the company's target production rate of 5,000 Model 3 vehicles per week.
    Tesla may be turning the volume up to 11 on its Model 3 assembly line. A leaked email to employees from Tesla CEO Elon Musk said it is “quite likely” that the company will churn out more than 500 Model 3 cars per day this week, reported Electrek , a site that focuses on electric cars.
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  • Tesla plans six-day stoppage at factory for assembly line fixes: sources

    5 monthes ago - By Reuters

    SAN FRANCISCO - Tesla Inc will pause production at its California factory for six days at the end of the May to work on fixes to its assembly line for its new Model 3 sedan, sources inside the company told Reuters.
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  • Elon Musk reportedly told Tesla employees the company will likely make over 500 Model 3s per day this week

    Elon Musk reportedly told Tesla employees the company will likely make over 500 Model 3s per day this week

    5 monthes ago - By Business Insider

    Elon Musk told Tesla employees in an email "it is looking quite likely" the company will make over 500 Model 3 vehicles per day this week, according to Electrek , which obtained a copy of the email.
    According to Electrek, Musk also asked employees who are aware of production bottlenecks to contact him.
    Producing over 500 Model 3s per day could allow the company to approach 3,500 per week, 54% more than the 2,270 Model 3s the company made during the last week of April .
    Elon Musk told Tesla employees in an email that the company will likely make over 500 Model 3 vehicles per day this week...
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