Amazon, With Little Fanfare, Emerges as an Advertising Giant – WSJ

Amazon’s options for advertising include its delivery boxes. Photo: Amazon Amazon.com Inc. AMZN -0.25% handles nearly half of all online sales in the U.S., giving it a popular platform and a wealth of consumer data. Now it’s on track to become the next juggernaut of online advertising, and its rise threatens to upend Silicon Valley’s…

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Amazon Picks New York City, Northern Virginia for Its HQ2 Locations – WSJ

New York City and Northern Virginia will be the homes for Amazon.com Inc.’sAMZN +0.60% second and third headquarters, according to people familiar with the matter, ending a more than yearlong public contest that started with 238 candidates and ended with a surprise split of its so-called HQ2. The imminent announcement is expected as soon as Tuesday, according to the…

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Driverless Hype Collides With Merciless Reality – WSJ

Mercedes-Benz unveiled its dream of a fully autonomous multipurpose vehicle this week. The announcement was full of buzzwords—the modular Vision Urbanetic “enables on-demand, sustainable and efficient movement of people and goods” and “reduces traffic flows, relieves inner-city infrastructures and contributes to an improved quality of urban life.” Hardly a week goes by without fresh signposts that…

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Criteo’s Shares Plummet on Revenue Forecast – WSJ

Criteo shares plummeted Thursday after the company said a recent move by Apple Inc. to strengthen its ad tracker prevention is going to negatively affect Criteo’s revenue more than anticipated. Shares were down 26% shortly before 2 p.m. in New York. Criteo had been utilizing a workaround to Apple’s feature called Intelligent Tracking Prevention, which rolled…

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Google Has Picked an Answer for You—Too Bad It’s Often Wrong – WSJ

Going beyond search, the internet giant is promoting a single result over all others, and many are contentious, improbable or laughably incorrect Google handles 90% of the world’s internet searches, and it increasingly is promoting a single answer for many questions. Here’s how the algorithms are—and aren’t—working Google became the world’s go-to source of information…

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The Real Reason CVS Wants to Buy Aetna? Amazon – WSJ

Amazon.com Inc. AMZN -0.05% has struck again. Only this time the internet giant is shaking up an industry it hasn’t yet entered. Amazon’s potential entry into the pharmacy-services industry helped spur CVS HealthCorp.’s CVS -2.94% $66 billion bid for insurance giant Aetna Inc., AET 11.54% according to a person familiar with the matter. An acquisition of a major insurer was among roughly a dozen strategies CVS’s management team…

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WeWork Venture to Buy Lord & Taylor’s New York Flagship Store for $850 Million – WSJ

Real estate startup WeWork Cos. has struck a deal to acquire Lord & Taylor’s flagship New York City store for $850 million, a move that will convert the landmark building into the startup’s headquarters next year. The transaction, part of an effort by Lord & Taylor’s parent Hudson’s Bay Co. HBC +2.04% to reduce its debt, is the most dramatic…

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Uber CEO Says He Needs ‘Leadership Help’ After Video Shows Him Berating Driver – WSJ

Uber Technologies Inc. Chief Executive Travis Kalanick said he would seek leadership advice after a run of troubling news involving the company, capped Tuesday by an online video of him berating one of the ride-hailing service’s drivers. In a note to employees, Mr. Kalanick vowed to “grow up” and said he was “ashamed” of the…

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