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Uber's Kalanick Pours $130M Into Ghost Kitchen Properties

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In making his new ghost kitchens startup CloudKitchens , ex- Uber Co-founder Travis Kalanick has become something of a real estate mogul, buying up 40 properties in two dozen cities, according to The Wall Street Journal. The concept behind CloudKitchens involves renting out space to businesses to prepare food for delivery.

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WeWork To Sell Iconic NYC Building To Amazon

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Amazon ’s New York expansion plans will now include the former Lord & Taylor building in downtown Manhattan, as the eCommerce company announced that it will purchase the storied building from office sharing startup WeWork , according to the New York Post. The building has 12 stories.

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Walgreens Adds To Digital 3.0 Momentum

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Two new projects have already been tagged for the initiative. Meanwhile, Lululemon announced plans this week to buy home-exercise technology startup Mirror for $500 million. It also comes as Walmart Health is making a more aggressive run at the pharmacy space. The Walgreens move comes as it competes with rival CVS in the U.S.

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When Homeshares Become Shoppable Experiences

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The idea led to her experiential hospitality startup, The Sursy, which offers consumers shoppable stays in a Denver home share. (A The house contains items that come with small wooden tags that printed with the hashtag #SHOPTOSTAY. The homeshare also provides exposure for artisans who may struggle to afford a studio or gallery space.

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PayU Acquires Wibmo To Grow India Business

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The firm has also invested in FinTech startups. In a press release at the time, PayU said the price tag was undisclosed, but noted the deal supported the company’s expansion into high-growth markets. To help grow its business in India, Naspers-owned PayU has acquired U.S.-based based Wibmo.

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How Clarifai Envisions Commerce — Literally

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Facebook, Alphabet, IBM, Microsoft, Amazon and other major companies are all working on AI projects, along with numerous tech startups. Since starting Clarifai,” Zeiler said, “we’ve seen many startups in the space that have since been acquired.” For video, Clarifai’s API doesn’t just send back one set of tags. “We

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The One Industry That Stands To Gain The Most From Blockchain?

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The latest is global consulting firm McKinsey, whose new report has put a price tag on the potential of blockchain: $110 billion. Nixing paper-based processes, reducing errors, minimizing fees and mitigating costly risk all contribute to cost savings for the financial services space, McKinsey concluded. Time-To-Market.