The Drive Towards Autonomous Vehicles

Hampleton

In January 2016, General Motors made waves by taking up a $500 million stake in the ride-hailing company, Lyft, and since then, auto makers and tech firms alike have made further investments in the autonomous vehicle development. Ford Motor Company, for example, recently announced its moves to establish itself in the market. This week it publicised its acquisition of SAIPS, …

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Walmart looks to Jet.com for a boost

Hampleton

With Amazon leading the way in the e-commerce space, Walmart recently announced the acquisition of Jet.com, an e-commerce start-up founded in 2014. At a price tag of $3.3 billion, this price premium is the largest ever sum paid for a private e-commerce company. Despite its relatively young age, Jet.com has already accumulated a Gross Merchandise Volume of $1 billion. Still, …

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Verizon Betting Big on the Digital Ad Market

Hampleton

24th July saw Verizon agreeing to shell out $4.8 billion for Yahoo’s core business in a deal that has finally ended its long lasting struggle to remain a standalone company. This transaction ends the prolonged period of speculation surrounding Yahoo’s future: its core business is planned to be merged with AOL, which was also bought by Verizon for $4.4 billion …

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