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Facebook’s News Accelerator Nets Extra $5M For Local Newspapers

PYMNTS

The Lenfest Institute’s mission is to develop and support sustainable business models for local journalism,” said the institute’s Director of Operations Ken Herts. “We Also in January, the social media giant opened a 130,000-square-foot office in Cambridge , Massachusetts.

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Can Lime Make Consumers Feel Safer About Scooters And Bikes?

PYMNTS

More importantly, how does one use such a thing — or even a bike — and operate it in an urban environment without falling off, getting hit and suffering injury? Bird , a company focused on e-scooters , provided more than 10 million rides in its first 12 months of operation. It’s hardly an academic concern. Scooter Accident.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

The new developments show, among other things, the importance of social media — and also prescriptions — when it comes to capturing the dollars of pet owners, who are always a steady source of both digital and physical commerce. The retailer plans to bring its number of clinics to 100 from the current 21 in operation.

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How Texas Restaurants Are Using A Safety Seal of Approval To Get Customers Back

PYMNTS

Last month, the two entities said they were working in partnership with Dallas College to train, inspect and certify restaurants, and their safety efforts, as they reopen in the wake of the pandemic. For now, restaurants that are reopening are operating at 50 percent or less capacity, said Monastero, pressuring margins.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis.

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Rescuing The Restaurant Business From App Decline

PYMNTS

The model for the DineVite online and mobile app is actually similar to social media. The operative word is control. “I As the year rolls on he expects to launch in Seattle, Los Angeles, San Francisco, Austin, Dallas, Houston, Chicago, Boston and Miami. On the flip side diners can request private VIP offers.

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32 Corporate Innovation Labs In Retail

CB Insights

The Home Depot also operates a secondary lab out of Austin called BlackLocus. Operating like a startup and adhering to concepts like a fast-paced testing and implementation process, its projects include simple things like mobile phone pharmacy reminders and complex ones like apps that turn those phones into remote diagnostic tools.