Frank Curzio
By Frank CurzioAugust 29, 2017

Sunday, August 27, 2017

 

Supermarkets are now using blockchain to keep food fresh… Walmart (WMT), Kroger (KR), Unilever (UN), Nestlé, Dole (DOLE), Tyson Foods (TSN), Golden State Foods, and McCormick (MKC) have all joined the collaboration to use IBM blockchain to track food shipments and monitor food safety, IBM announced on Tuesday… – Yahoo! Finance
Samsung Galaxy Note 8: The Facts… At its Unpacked event in New York City, Samsung unveiled the all-singing, all-dancing Galaxy Note8, complete with all the bells and whistles to make it the best smartphone the world has ever seen… until the next big smartphone release, of course… – Shelly Palmer

Amazon’s play to rattle Whole Foods rivals: Cheaper kale and avocado… The era of Whole Paycheck, the derisive nickname for Whole Foods (WFM), may be drawing to a close. Amazon (AMZN), which takes control of the upscale grocer on Monday, intends to slash prices the same day – New York Times

Herbalife launches $600 million stock buyback & discloses failed buyout talks… Presidential administrations and their informal advisors come and go, but the Wall Street battle over Herbalife (HLF) seems to go on forever… – Forbes

Foot Locker drops the ball… Just another victim in the retail apocalypse… Shares in Foot Locker (FL) plunged by almost 30% last week as the company reported its biggest sales decline since 2009 – Finimize

What’s cookin’ at Chipotle?… Chipotle (CMG), once the darling of fast-food chains, is working to revamp its reputation after battling food-safety concerns. A couple ways to do so – new menu items &a revamped in-app ordering experience – Digiday

INSTANT IPO!
Venture firm is trying to end-run banks by creating IPO 2.0… The investment firm Social Capital filed an S-1 form this week to create what appears to be a financial vehicle that could allow startups to go public without the help of banks like Goldman Sachs or Morgan Stanley… – Recode
POST-CRISIS REGULATION…
Yellen’s speech in Jackson Hole may doom her chances for second term at Fed… Was Fed Chairwoman Janet Yellen’s Friday speech in Jackson Hole her swan song? Some Fed watchers think that might turn out to be the case… – Market Watch
Big U.S. banks still seeking 20% profit jump with deregulation... The deregulation winds blowing through Washington could add $27 billion of gross profit at the six largest U.S. banks, lifting their annual pretax income by about 20%. Here’s who would benefit the most… – Bloomberg
INNOVATIONS
Billionaires and big ag are now funding lab-grown meat… Richard Branson and Bill Gates are both into it. So is legendary retired General Electric CEO Jack Welch. Then there’s the venture capital firm DJF, which invested in Tesla, SpaceX and Skype, and food and agriculture behemoth Cargill. It’s called “clean meat” and it does not require the slaughter of animals… – CNBC
MIT’s new software lets anyone build a functioning 3D-printed robot… The Interactive Robogami software means that anyone can design and 3D print their own robot. No high-end robotics lab or experts required!… – Digital Trends
Walmart hopes to patent a floating warehouse to send out drone deliveries from mid-air… It’s no secret that Walmart and Amazon have been waging an ongoing retail war. But recently, the former’s copycat efforts have gotten far less subtle… – Quartz
CONVO-COMMERCE
Google and Walmart’s big bet against Amazon might just pay off… It’s hard to overstate Amazon’s online retail dominance. With 76% market share of online retail, it’s as if the 1995–96 Chicago Bulls entered your local rec league. But a newly announced partnership between Google and Walmart may ultimately present a threat… – Wired

 

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