Aldi says it has a plan to become the third largest grocery chain by in the US by store count within the next four years.
The discount chain is investing $3.4 billion to expand to 2,500 stores — up from 1,600 stores today — by 2022, the company said Monday.
The aggressive expansion plan would make Aldi the third largest supermarket chain behind Walmart and Kroger.
Japanese tech giant SoftBank is acquiring robotics company Boston Dynamics from Alphabet for an undisclosed sum.
Boston Dynamics is best known for the videos it periodically posts on its YouTube page featuring its latest and strangest walking robots. Each video would quickly rack up millions of views.
For most people, landing Facebook, Goldman Sachs, Airbnb, and Netflix as customers would be good enough. Porter Braswell, who can already count those celebrated companies to his roster, may well say his latest client is his greatest so far: the NBA.
On Thursday, Jopwell, the New York City-based recruitment platform that connects minority job candidates with prominent employers across the country, announced that it has partnered with the National Basketball Association to connect job seekers of color to the league’s offices. Teams including the Golden State Warriors, the Boston Celtics, and the L.A. Clippers have agreed to pay an undisclosed subscription fee for access to the startup’s platform, where they can then tap a minority candidate for, say, a financial analyst or data scientist job.
It’s a renter’s market in New York City, and apartment-seekers jumped in last month to get themselves a deal.
In Manhattan, the number of newly signed leases climbed 17 percent in May from a year earlier to 5,969, the biggest total for the month in nine years of record-keeping, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. In Brooklyn, new apartment contracts surged 23 percent to 1,460, also the biggest total for the month in data going back to 2008.
If you haven’t already pre-ordered the Tesla Model 3, don’t expect to own the car anytime this year — or next.
“This will be a long wait,” Tesla (TSLA) CEO Elon Musk said at the company’s annual shareholder conference on Tuesday. “I’m guessing if you put a deposit down now, it’s probably end of next year before you get it.”
Musk’s estimate suggests an even greater backlog than expected. On Tesla’s website, the delivery estimate for new Model 3 reservations is “mid 2018 or later.”
Apple’s long-rumored Amazon Echo competitor is real. It’s called the HomePod (yes, I know). “We want to reinvent home music,” Apple CEO Tim Cook said at the company’s WWDC keynote. The Apple Speaker is focused on music first, not Siri.
Apple’s SVP of Global Marketing Phil Schiller said Sonos aren’t smart speakers and Amazon Echos aren’t good speakers. So Apple wants to combine the best of both worlds. It’s a smart marketing strategy. HomePod is shipping later this year — it’s not quite ready for prime time.
“Obscene” memes posted on a private Facebook page have cost 10 students their place at Harvard, reports the college’s newspaper.
The students posted messages joking about child abuse, sexual assault, paedophilia and the Holocaust.
Members of the group also directed several racial slurs at minorities, said the report.
Free speech advocates criticised Harvard’s actions saying the punishment was “draconian”.
Recent reports show Ottawa as the most attractive tech hub in Canada with the best cost of living and second best average salary. Located in the same timezone as New York and Boston, it is increasingly becoming a promising city for job-seeking tech talent looking north.
Alongside its affordable living conditions, both local agencies and the government play a key role in the growth of its tech scene. A lead economic development agency in Canada’s capital, Invest Ottawa, has recently launched its Work in Ottawa campaign. The international campaign aims to attract global tech talent to the city, highlighting profitable opportunities to maintain a good lifestyle and promising career. This website-based strategy aims to help Canadian tech companies attract and retain the top talent needed to succeed and grow. The campaign also boasts a burgeoning database of North American talent that is available to local employers who participate in the campaign.
THERE’S A REASON everyone hates printers. They break, jam, and always run out of cyan ink—which, inexplicably, also breaks them. Even when they work, toner costs so much you have to give up avocado toast for a month to buy more. As Matthew Inman, one of the great poets of his time, famously said: “Either printer ink is made from unicorn blood or we’re all getting screwed.”
Impression Products wanted to make toner a bit cheaper by refilling Lexmark printer cartridges. Lexmark of course hated that and sued. The fight dragged on for years, and made it all the way to the US Supreme Court. This week, the highest court in the land ruled against Lexmark. You may consider this an insignificant tussle over printer toner, but this important ruling clears the way for small businesses to fix your stuff—even without the manufacturer’s permission.
It’s been a tough year for Uber. The ridehailing giant was worth a reported $68 billion as of August 2016—but late last year, problems began piling on.
Source: Uber’s no good, very bad year: A timeline | PitchBook News
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