Author: Rakesh Sasmal

Walmart, Google-Backed Deliv End Online Grocery Partnership

Walmart and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com to deliver groceries to customers’ homes. The world’s largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 US cities last year, after failing to use Uber and Lyft to deliver groceries, Read More

Amazon’s New Streamlined Packaging Is Jamming Up Recycling Centers

Over the past year, Amazon has reduced the portion of shipments it packs in its cardboard boxes in favor of lightweight plastic mailers, which enable the retailing giant to squeeze more packages in delivery trucks and planes. But environmental activists and waste experts say the new plastic sacks, which aren’t recyclable in curbside recycling bins, Read More

Google Venture Firm Taps David Schenkein to Lead Life-Sciences Investments

GV, the venture-capital arm of Google parent Alphabet, has hired biotechnology industry veteran David Schenkein to co-lead its investments in life sciences, a signal of its increasing ambitions in health care. Schenkein was previously chief executive officer of Agios Pharmaceuticals, which he grew from a small closely held startup to a $3.1 billion (roughly Rs. Read More

Amazon HQ2 Jobs Are ‘Mission Critical’, Says New York City Mayor

Defending the incentive package to attract Amazon.com’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.” “We had a real live choice to make – 25,000 to 40,000 jobs, many of them good paying, that New Yorkers Read More

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