SAN FRANCISCO—Naspers Ltd., Africa’s biggest company best known for its bet on Chinese internet giant Tencent Holdings Ltd., is building a foothold in Silicon Valley. But unlike many other tech investors, Naspers isn’t solely focused on finding its next big hit here.
Rather, the South Africa-based media and internet giant, which opened a San Francisco venture-capital office in 2016, wants to be closer to the flow of innovation and ideas in the Valley and apply that knowledge to its decisions across the globe as it repositions...
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Walmart US is increasingly relying on its 8,600 'Elite Fleet' truckers over third-parties — and it's the latest move from America's largest company to take charge of its transportation networkWalmart depends on its company truck drivers as well as third-party truckers to move its goods. They’re automating truckers out of a career. It’s start with auto transmissions and all the tech on trucks. No union. And sheep drivers that fall in line. And then you’re put out, or paid like a fast food worker.
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Amazon is building a logistics empire — and Morgan Stanley says the e-retailer is now ‘the elephant in the boardroom’ for one of America’s largest trucking companiesAmazon is developing a logistics empire. That's discomforting for trucking companies that move Amazon goods. If amazon ever opens pharmacies and gas stations, at whole foods or otherwise, they have essentially replaced basically every single other business that you could shop at. Prime is also one of the best ideas ever period.
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