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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial Times ( FT ). Japan is the latest nation that Walmart has backed out of in the last 12 months, as its international priorities are shifting. As Walmart is refocusing its efforts in the U.S.

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Should Facebook Buy eBay?

PYMNTS

That garage is now a private museum and is listed on the National Register of Historic Places. That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. That was down from 23.8

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Super Bowl Countdown Brings New Online Gambling Action From Barstool

PYMNTS

29), has Penn National Gaming Inc. spending some $163 million to buy a stake in Barstool Sports, founded in 2003 and described by the news source as a “controversial sports and pop-culture blog.” Penn National will be Barstool Sports’ exclusive gaming partner for as long as 40 years. Branding Power — and New Apps on the Way.

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Retailers are leveraging technology, such as artificial intelligence and augmented reality, to enhance operational visibility and personalize their customer service, a new necessity in fast-changing and demanding consumer market. “We’re in a test-and-learn phase as we consider what other investment routes we should explore.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

It had a great brand. Companies have both tangible assets (factories, capital, inventory) and intangible assets, which include things like reputation and brand. The company’s operations and underlying value are the only things that matters, to Buffett. It had a strong management team that he trusted.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Meanwhile, brands that were already virtual-first have seen dramatic increases in adoption during the crisis. Sales of the interactive at-home fitness brand Mirror doubled in the weeks following Covid-19’s arrival in the US. VR has also helped businesses across industries keep operations running.

Industry 101