Tag Archives: warehouses

(Bloomberg) — Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from Bloomberg MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space. The company has… Source link

Dataform, a startup in the U.K. that was building what it dubbed an “operating system” for data warehouses, has been quietly acquired by Google’s Google Cloud division. Terms of the deal aren’t being disclosed, although I understand this is mostly an acqui-hire, albeit one where the founders — both ex-Googlers prior to founding Dataform — have done well out of. However, it isn’t just about talent; Google is said to have been very interested in the company’s product, too… Source link

Bloomberg Kushner Cos. Spent the Trump Years Unwinding Scion’s Costly Bets (Bloomberg) — Guy Fieri’s Times Square restaurant, where Jared Kushner and Ivanka Trump partied in late 2016 before heading to Washington, is gone. The office tower at 666 Fifth Ave., once the headquarters of the Kushner family’s real estate empire, has been sold. So too has a stake in a project in the trendy Dumbo neighborhood of Brooklyn.New York looks a lot different now than it did before Jared Kushner left… Source link