Tech News Roundup: Key Developments Shaping the Digital Landscape
1. Target Expands Delivery Capabilities with Deliv Tech Acquisition
Retail giant Target is strategically enhancing its same-day delivery infrastructure by acquiring technology assets from Deliv, a venture-backed delivery service that had raised over $80 million. This move complements Target’s existing Shipt service, positioning the company for future e-commerce growth.
Key details:
- Transaction considered immaterial to Target’s finances
- Classified as an R&D-focused acquisition
- No immediate consumer-facing changes expected
2. Social Platforms Battle Viral ‘Plandemic’ Misinformation
Major social networks are scrambling to contain a conspiracy theory video featuring discredited scientist Judy Mikovits that has spread rapidly across platforms:
- Originated on Vimeo and YouTube (May 4)
- Quickly migrated to Facebook, Instagram, Twitter
- Amassed millions of views before moderation efforts
This incident highlights ongoing challenges platforms face in balancing free expression with responsible content moderation during the COVID-19 pandemic.
3. Boston Dynamics’ Spot Robot Enforces Social Distancing in Singapore
In an innovative pilot program:
- Remote-controlled Spot robot patrols 2-mile park area
- Broadcasts pre-recorded social distancing reminders
- Represents growing use of automation for public safety
4. Microsoft and AWS Escalate JEDI Contract Dispute
The Pentagon’s $10 billion JEDI cloud contract continues to spark controversy:
- Microsoft originally awarded contract (October 2019)
- AWS filed legal challenge citing procurement irregularities
- Both companies now engaged in public relations battle
- Latest exchange features dueling corporate blog posts
5. SaaS Stocks Defy Economic Downturn
Despite record unemployment numbers:
- Cloud/SaaS companies reach all-time stock highs
- Earnings reports exceed lowered expectations
- Sector demonstrates surprising pandemic resilience
6. WeChat Partners with Guangzhou for Live Commerce Initiative
Tencent’s superapp is pioneering government-backed e-commerce:
- First municipal live-stream shopping festival
- Targets economic recovery through digital commerce
- Leverages WeChat’s 1.16 billion MAU base
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