Walmart is taking the e-commerce delivery business south of the border.
The Bentonville, AR, retailer announced Thursday it has acquired Cornershop, an on-demand online service that delivers products from supermarkets, pharmacies, and specialty shops in Mexico and Chile, for $225 million.... Read more »
StockX, the online “stock market of things” focused on sneakers and other high-demand, limited-edition products, has closed one of the largest investment rounds raised by a Detroit startup and announced yesterday that it now plans to go on a major hiring spree.... Read more »
Enterprise software startup Classy, which developed a platform through which it says nonprofit organizations have raised nearly $1 billion for their causes, has hired its first-ever chief revenue and chief product officers.
Adam Aarons, the new chief revenue officer, was also... Read more »
Wasabi Technologies’ ambitious plan to challenge the giants in cloud data storage—Amazon, Google, Microsoft, and IBM—just got a $68 million boost.
Wasabi announced Wednesday it closed its Series B round of venture funding. The Boston-based startup had previously raised at least... Read more »
The word “cloud”—as in cloud computing, and cloud storage—has served as a handy shorthand term, but it has always been inherently vague and a little misleading. When businesses and consumers use a cloud service provider like Amazon Web Services or Apple’s... Read more »
Gilead Sciences is turning to gene editing in its effort to develop a cure for hepatitis B virus infections—DNA-cutting enzymes that would eliminate the virus in the body, something current hep B drugs can’t do.
Foster City, CA-based Gilead (NASDAQ: GILD... Read more »
Amid intensifying regulatory scrutiny of cryptocurrencies and blockchain ventures, some of the sector’s leading startups and investors have formed the Blockchain Association, a lobbying group that will try to amplify their influence in Capitol Hill and around the country.
The nonprofit... Read more »
A number of new technologies, from immunotherapy to targeted medicines and diagnostics, have all helped change cancer care the past few years. But not all cutting-edge technologies are available to patients who seek treatment at smaller clinics.
OneOncology, an unusual new... Read more »
The state of American manufacturing has become an increasingly hot topic of conversation since the 2016 presidential election laid bare the discontent felt by workers and business owners alike.
However, companies like Algonac, MI-based Eckhart and Cambridge, MA-based Humatics see an... Read more »