Saturday, August 10, 2019

Nike buys Celect, an AI startup focused on predicting what customers want, allowing better inventory management; Celect had raised over $30M from investors (Lucas Matney/TechCrunch)

Lucas Matney / TechCrunch:
Nike buys Celect, an AI startup focused on predicting what customers want, allowing better inventory management; Celect had raised over $30M from investors  —  Nike's market cap has swollen past $100 billion, but the shoe company still sees potential to learn more about what customers …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...