Special
Special
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Why Whole Foods hasn't satisfied Amazon's grocery appetite
The Amazon-Whole Foods marriage has made clear the difficulties of selling fresh food inexpensively, either in a physical store or through delivery. Bananas are not the same as books
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Alteria Capital closes maiden venture debt fund at Rs 960 crore
This makes it the largest homegrown venture debt fund, and counts Azim Premji Foundation and Binny Bansal as investors
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Ten interesting things we read this week
Some of the most fascinating topics covered this week are: Business (How successful people stay calm), Technology (Elon Musk wants to link brains directly to machines), Media (Great race to rule streaming TV; Evolution of media consumption), Climate Change (Facing extinction by Catherine Ingram), History (Of India's genetic roots), and E-sports (Gaming cult looks to level up in India)
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After helping build Facebook, he's trying to break it up
Chris Hughes' involvement with anti-trust academics stands out because few founders have gone on to argue for the dismantling of their company
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Sweltering Europe rethinks its views on air conditioning
Paris has never been hotter, nor have Belgium, Germany and the Netherlands. Europe accounts for just 6 percent of the world's air conditioners, but smack in the middle of a dangerous heat wave, traditional approaches are no longer up to the job
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SoftBank forms Vision Fund 2 with AI-focus, draws Apple, Microsoft
The fund has thus far grown to $108 billion in commitments, and could grow bigger as the company is in talks with other participants
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Amazon optimistic about India's ecommerce policy and further growth, says CFO
The company has doubled its paid 'Prime' subscribers in India over the last 18 months, and invested in helping Indian sellers reach global markets
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Russia combed voting systems in all US states: Senate report
The Russian effort to interfere in the 2016 election is shown to be much more far-reaching than previously believed, and the report clearly warns that the US remains vulnerable in the next election
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Shoppers' impatience is helping Amazon sales
Company sales were up 20 percent to $63.4 billion, from the same period last year—this growth can be credited to one-day shipping standard for Amazon Prime customers, introduced this spring
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Rahul Bose moment: What bananas cost around the world
The actor shared a now-viral image of two bananas costing Rs 442.50 at a JW Marriott hotel, prompting a larger conversation on hotel mark-ups, and a Twitter trend on similar experiences