Author: webmeister

Shopify’s Robot Company Purchase Will Help It Compete With Amazon – Barron’s

Shopify said it acquired 6 River Systems, which provides warehouse fulfillment solutions and automation robots. That’s expected to enable big cost savings and efficiencies.

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Shopify’s Robot Company Purchase Will Help It Compete With Amazon – Barron’s

Shopify said it acquired 6 River Systems, which provides warehouse fulfillment solutions and automation robots. That’s expected to enable big cost savings and efficiencies.

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Shopify to acquire 6 River Systems – Supply Chain Management Review

Acquisition valued at approximately $450 million adds collaborative robotic fleet to the Shopify Fulfillment Network.

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AT&T’s latest shareholder is a big GOP donor. Just not to Trump. – CNN

Elliott Management, a major investment firm run by billionaire Republican donor Paul Singer, alerted AT&T Monday of its $3.2 billion stake in the telecommunications giant. In a letter to AT&T’s board, Elliott argued the company is underperforming and proposed AT&T sell its non-core businesses and restructure.

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Elon Says Tesla Pickup Truck Will Be Unveiled in ‘November Most Likely’ – Jalopnik

Elon Musk has been talking about building a Tesla pickup truck since late 2017, when he showed a mock-up of a novel cab-over type of pickup that is seemingly based on the Tesla Semi Truck, and, at least in the one rendering we keep seeing, is capable of carrying a full-size conventional pickup truck in its bed. Just a couple of days ago, Elon tweeted that the truck is likely to be shown in November.

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Ford Cut to Junk as Moody’s Doubts Hackett’s Turnaround Bid – Yahoo Finance

(Bloomberg) — Ford Motor Co. was dealt a blow by Moody’s Investors Service, which cut the carmaker’s credit rating to junk on doubts that a turnaround plan by Chief Executive Officer Jim Hackett will generate earnings and cash quickly enough.Moody’s downgraded Ford to the highest junk rating, Ba1, saying

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WeWork reportedly pressured by SoftBank to shelve IPO – Business Insider

WeWork’s chilly reception on Wall Street reportedly has SoftBank asking to hit the brakes on the IPO.

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FDA criticizes Juul for telling students its e-cigs are ‘totally safe’ – Engadget

The FDA says Juul told students its vaping products were “99% safer than cigarettes.”

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FDA criticizes Juul for telling students its e-cigs are ‘totally safe’ – Engadget

The FDA says Juul told students its vaping products were “99% safer than cigarettes.”

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Crisis-hit Nissan CEO set to resign – DAWN.com

Saikawa apologised last week for the payment, while denying any wrongdoing.

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