How Kobalt is simplifying the killer complexities of the music industry – gpgmail

Backed by over $200 million in VC funding, Kobalt is changing the way the music industry does business and putting more money into musicians’ pockets in the process. In Part I of this series, I walked through the company’s founding story and its overall structure. There are two core theses that Kobalt bet on: 1) […]

Shopify buys warehouse automation tech developer 6 River Systems for $450 million – gpgmail

Shopify, the shopping technology developer that’s quickly becoming the anti-Amazon, has taken another step up the sales supply chain with its $450 million acquisition of the warehouse automation and management technology developer, 6 River Systems. The acquisition will serve to boost efficiencies among Shopify’s Fulfillment Network service which launched in . June. The acquisition gives […]

Inkitt raises $16M led by Kleiner Perkins to publish crowdsourced novels in ‘mini-episodes’ – gpgmail

The traditional world of publishing has been challenged hard by the digital revolution. Reading as a pastime has been in significant decline, in part because of the proliferation of screens and options for what to watch and do on them. On the other hand, Amazon has led the charge in changing the economics of publishing: the […]

Amazon customers say they received emails for other people’s orders – gpgmail

Users have said they are receiving emails from Amazon containing invoices and order updates on other customers, gpgmail has learned. Jake Williams, founder of cybersecurity firm Rendition Infosec, raised the alarm after he received an email from Amazon addressed to another customer with their name, postal address, and their order details. Williams said he ordered […]