The New Mall
Welcome
Walmart purchased Jet.com in 2016 with the usual fanfare that comes from a $3.3 billion corporate purchase. Jet.com was an up-and-coming online company, only a year old, that was trying to get an edge on the retail market by offering an innovative discount system and improving the distribution chain.
Dear Reader,
Walmart purchased Jet.com in 2016 with the usual fanfare that comes from a $3.3 billion corporate purchase. Jet.com was an up-and-coming online company, only a year old, that was trying to get an edge on the retail market by offering an innovative discount system and improving the distribution chain.
These billion-dollar assimilations happen all the time in the high-tech industry. The most common scenario is a big high-tech company like Facebook or Amazon buying a startup, but another scenario that is also churning out there in the IT space is the phenomenon of old-school brick-and-mortar companies buying online startups in order to gain a foothold on the future and inject some high-tech juju into their doddering corporate culture.
[...]
Buy this article as PDF
(incl. VAT)
Buy Linux Magazine
US / Canada
UK / Australia
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Linux Kernel 6.16 Released with Minor Fixes
The latest Linux kernel doesn't really include any big-ticket features, just a lot of lines of code.
-
EU Sovereign Tech Fund Gains Traction
OpenForum Europe recently released a report regarding a sovereign tech fund with backing from several significant entities.
-
FreeBSD Promises a Full Desktop Installer
FreeBSD has lacked an option to include a full desktop environment during installation.
-
Linux Hits an Important Milestone
If you pay attention to the news in the Linux-sphere, you've probably heard that the open source operating system recently crashed through a ceiling no one thought possible.
-
Plasma Bigscreen Returns
A developer discovered that the Plasma Bigscreen feature had been sitting untouched, so he decided to do something about it.
-
CachyOS Now Lets Users Choose Their Shell
Imagine getting the opportunity to select which shell you want during the installation of your favorite Linux distribution. That's now a thing.
-
Wayland 1.24 Released with Fixes and New Features
Wayland continues to move forward, while X11 slowly vanishes into the shadows, and the latest release includes plenty of improvements.
-
Bugs Found in sudo
Two critical flaws allow users to gain access to root privileges.
-
Fedora Continues 32-Bit Support
In a move that should come as a relief to some portions of the Linux community, Fedora will continue supporting 32-bit architecture.
-
Linux Kernel 6.17 Drops bcachefs
After a clash over some late fixes and disagreements between bcachefs's lead developer and Linus Torvalds, bachefs is out.