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Facebook names VP of product growth Alex Schultz as new CMO

By |September 29th, 2020|

To fill its empty CMO position, Facebook just promoted to the C-suite a longtime Facebook executive focused on product growth. Former VP of product growth and analytics Alex Schultz, who has been with the company since 2007, announced the move Tuesday in a Facebook post. Schultz will fill the position left open by Antonio Lucio, --> READ MORE

Swarm prices out its orbital IoT network’s hardware and services

By |September 29th, 2020|

Swarm’s new network of satellites is intended to provide low-bandwidth, low-power connectivity to “Internet of Things” devices all over the world, and the company just announced how much its technology will actually cost. A $119 board will be sold to be integrated with new products, so while your home security camera won’t get it, it --> READ MORE

Palantir’s reference price values it at roughly $16 billion

By |September 29th, 2020|

Palantir is preparing for its public debut tomorrow morning on the NYSE (after 17 years), and now we are getting some data on how the company’s shares are being valued by investors. The NYSE announced that the company, which will be traded under the ticker PLTR, will have a reference price of $7.25 per share. --> READ MORE

Daily Crunch: Amazon lets you pay with your palm

By |September 29th, 2020|

Amazon unveils a new biometric ID technology, the Biden campaign takes aim at Facebook and iRobot’s co-founder joins a robotic gardening startup. This is your Daily Crunch for September 29, 2020. The big story: Amazon lets you pay with your palm The company announced a new biometric device for Amazon Go stores. Called Amazon One, --> READ MORE

Spin workers just ratified their first union contract

By |September 29th, 2020|

A group of 40 workers at Ford-owned Spin just successfully ratified their first union contract. This comes after this group of shift leads, maintenance specialists, operations specialists, community ambassadors and scooter deployers and collectors joined Teamsters Local 665 toward the end of last year. “This new contract gives us job security and immediate money up --> READ MORE

Amazon launches a virtual tours and experience platform, Amazon Explore

By |September 29th, 2020|

Amazon today is launching a new service called Amazon Explore that allows customers to book live, virtual experiences led by local experts. The experiences may be focused on creativity, learning DIY skills, taking virtual tours of far-off places or cultural landmarks or, in some cases, shopping local boutiques from around the world. For example, you --> READ MORE

Ford drops the price of its all-electric Mustang Mach-E to stay ‘fully competitive’

By |September 29th, 2020|

Ford has slashed the price of its upcoming all-electric Mustang Mach-E crossover by as much as $3,000 as the automaker seeks to stay competitive in an increasingly crowded and unsettled sector of the automotive market. The price reductions, which were shared with dealerships and then posted Tuesday on the Mach-E Club owners’ forum, will be --> READ MORE

Serious injuries at Amazon fulfillment centers topped 14,000, despite the company’s safety claims

By |September 29th, 2020|

As Amazon‘s biggest shopping day of the year approaches, a new report reveals that the company’s investments in automation and safety have not stemmed surging numbers of serious injuries in the company’s warehouses and fulfillment centers. Even as Amazon spends tens of millions on new robotics and technologies to automate its warehouses, workers are still --> READ MORE

Duolingo CEO explains language app’s surge in bookings

By |September 29th, 2020|

Language learning apps, like many educational technology platforms, soared when millions of students went home in response to safety concerns from the coronavirus pandemic. It makes sense: Everyone became an online learner in some capacity, and for non-frontline workers, each day became an opportunity to squeeze in a new skill (beyond sourdough). So why not --> READ MORE

How Twilio built its own conference platform

By |September 29th, 2020|

Twilio’s annual customer conference was supposed to happen in May, but like everyone else who had live events scheduled for this year, it ran smack-dab into COVID-19 and was forced to cancel. That left the company wondering how to reimagine the event online. It began an RFP process to find a vendor to help, but --> READ MORE