A Target engineering executive last month quietly revealed on LinkedIn that the retailer had modified a Microsoft-led open source operating system for networking switches, called Sonic, to run inside one of its stores. Target is currently running the operating system in at least ten of its flagship retail stores in major U.S. cities and plans to use it to run services like curbside pickup and...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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