The founder of Store No 8 Katie Finnegan explains how the company is looking for the next innovation in retail. Store No 8 is Wal-Mart's idea incubation arm.
Finnegan says Store No 8's goal is to change retail for the better, pursuing innovations that may not be implemented for another 10 years. While Store No 8 is aiming to create things that will be acquired by Wal-Mart, it also knows there could be other revenue streams.
Finnegan says Store No 8 is a "unicorn opportunity" for entrepreneurs. The company recently acquired Bart Stein and the team over at Wim Yogurt.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.
