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UK's Online Grocer Ocado Sued Over Patent Claims

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online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. AutoStore said Ocado has been a customer since 2012 and alleged that Ocado's automatic storage system is based on the ones AutoStore is already using, according to Reuters.

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Online Grocer Ocado Acquires Robotics Companies To Drive Automation

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based online grocery, is heightening its automation drive by acquiring two robotics companies. The robotic pick opportunity in online grocery is of huge value to us and our clients globally,” said Tim Steiner , Ocado CEO. Ocado , a U.K.-based This has meant doubling “the pick and pack speeds” of robotic arms at five sites in the U.K.

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Virginia Sues Online Lender Over Consumer Loans

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Virginia is suing one of the largest online lenders in the U.S. According to the lawsuit, NetCredit provided loans to over 47,000 Virginians going back to 2012. Its parent company, Enova International, reportedly spent more than $100 million in 2017 for marketing.

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Caesars Puts Stake In Online Betting Co DraftKings

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Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

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Online Ad Biz Neared $50B In Early 2018

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A new report from Interactive Advertising Bureau ( IAB ) shows that the online advertising business continues to grow at double-digit rates. You can then plow that profit back into your business … the digital advertising market is helping to fuel that growth,” he said. percent CAGR from 2012 to 2018.

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New Study Suggests Online Lenders Target Vulnerable Consumers

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The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The researchers used data from TransUnion for the study, pinpointing 90,000 borrowers who took out online loans from 2007 to 2012.

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Yelp Wins Court Ruling About Negative Online Reviews

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A recent California Supreme Court decision that essentially allows a negative Yelp post to stand about a lawyer could help determine how online reviews are treated in the future. The Hassell Law Group represented Ava Bird in a 2012 personal injury case for three months. A colleague disagreed.

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