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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Daimler, the German car maker, was joined by Saudi-based Kingdom Holding, the venture capital firm that also backs Lyft, which led the round.

Capital 109
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Gonzo Notes from Money20/20

Gonzobanker

Recently, your intrepid Gonzo investigators found themselves (again) in Las Vegas to get a take on payments at Money20/20. (We We are rotating the team, as Misters Kilmer and Weikart reported that rehab from BAI Retail Delivery is taking a bit longer than estimated.) Lots of talk about innovation and customer experience.

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Amazon Walmart Whole Paycheck Tracker: Better Delivery By Any (And Every) Means

PYMNTS

This week was one of the latter, as Walmart hosted its investor meeting in Arkansas and Amazon decided this week’s menu of technological innovations in retail would be an all-you-can-eat buffet. The announcement was made by CEO of Worldwide Consumer Jeff Wilke on Wednesday (June 5) at the company’s “re:MARS” conference in Las Vegas.

Training 109
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Few places are more receptive to new ideas and innovative business models than Silicon Valley. In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. But the model doesn’t always work perfectly. The Outcome.

Fraud 78