By Kavita Kumar, Star Tribune
“After sales and traffic continued to slide during the holidays, Target Corp. is scaling back big portions of its innovation agenda as it doubles down on its core business.
The Minneapolis-based retailer has killed Goldfish, a secretive e-commerce start-up it greenlighted a year ago, and has shelved a prototype for a robot-infused store of the future that was slated to soon be built in Silicon Valley, according to multiple sources familiar with the matter. Other smaller projects from the innovation team also have been eliminated or reduced in recent weeks.”
Reinvestment is what makes or breaks a community, an industry, and the economic vitality of a geography at large.
The greater the reinvestment, the more seeds that can be planted. The more seeds that are planted, the more are cultivated, harvested and yielded. This virtuous lifecyle has been around since about 8,500 BC.
We fully appreciate those who support TECHdotMN via financial reinvestment of their hard-earned money!
Site sponsorship provides stories, data, and resources for Minnesota’s tech community to grow and prosper. If you or your company benefit in some way from TECHdotMN, consider reciprocating:
PRIMARY SITE SPONSORS:
Coherent Solutions is a software development consulting and outsourcing company that solves customer business problems by bringing together global expertise, innovation, and creativity to produce world class technology solutions.
Founded in 2010, When I Work is the easiest way to schedule, track time and communicate with hourly employees. Over 50,000 workplaces worldwide rely on When I Work to make sure they have the right people, at the right place, at the right time. When I Work improves employee-manager relationships while removing the common inefficiencies of managing hourly teams—making teams more efficient, more accountable and better prepared.
Flywheel is a software development company building a scientific data management and analysis platform that makes research accessible, shareable, and reproducible. A young and innovative company, Flywheel simplifies the capture, organization, and analysis of data while enabling scalable, effective data sharing between scientific research groups worldwide. This will empower scientists to do great work together by allowing them to concentrate on the science, not the IT.
Saturn Systems is a custom software development firm with over 25 years of experience serving a variety of industries. Our talented engineers and consistent development processes yield custom software solutions with predictable results and a reduced cost of ownership for our clients.
SECONDARY SITE SPONSORS:
CliftonLarsonAllen delivers integrated audit, tax, consulting, and outsourcing services for the technology industry.
InboxDollars connects consumers and advertisers together in a way that benefits both; Since founding, InboxDollars has paid consumers more than $35 million while delivering substantial value to its advertising partners.
Metiix provides comprehensive, innovative, and versatile data security and online backup solutions to allow users to safeguard their information across various interconnected levels and platforms. By utilizing this personal data protection grid, users can gain full freedom and exclusive control over where their data is stored and directed to. Metiix data security tools are built around user needs, in conjunction with highly attentive backup and recovery multi-platform support.
TRACK Hospitality Software is a revolutionary cloud software for the vacation rental and independent resort industry. Track levels the playing field for the independent business, bringing industry leading solutions to the VR and Resort workplace.
OTHER SITE SPONSORS:
Leadpages software is the easiest way to build conversion optimized & mobile responsive landing pages. (Calendar)
At Redpath and Company, your best interests come first. You can be confident you will receive advice based on solid experience from caring professionals who are deeply committed and strongly connected. With your success as our purpose, we are driven to continuously improve our services, relationships and knowledge to provide you with proactive, innovative and value driven solutions in accomplishing your goals. (Data)
Celarity recruiting & staff agency is the best choice for top marketing, creative & IT placement throughout Minneapolis and St. Paul. (Jobs)
Continuing our commitment to provide Minnesota’s tech community with the best resource to quickly understand the full range of coworking options available statewide — we are releasing an updated version of The Ultimate Guide to Coworking in Minnesota for 2017.
By Nicole Norfleet, Star Tribune
“Amazon.com Inc. has signed on to lease space in the T3 building in the North Loop of Minneapolis, becoming the first major office tenant in the new brick-and-timber building.
The Seattle-based internet retailer will house its local technology development office at T3 and eventually move people from an existing office at the Fifth Street Towers, according to people close to the deal. The company has said it will eventually employ 100 workers in Minneapolis.”
By Katharine Grayson, Minneapolis-St. Paul Business Journal
“Data-storage company Seagate Technology Inc. has cut 155 jobs at its Shakopee facility. The December layoffs were part of a broader workforce reduction Seagate announced over the summer, a spokeswoman said. The Cupertino, Calif.-based company announced in July it would eliminate 6,500 jobs, or 14 percent of its workforce, as part of a restructuring. Those cuts came on top of a roughly 3 percent workforce reduction in June.”
By Eugene Kim, Business Insider
“Amazon is building an app that matches truck drivers with shippers, a new service that would deepen its presence in the $800 billion trucking industry, a person with direct knowledge of the matter told Business Insider.
The app, scheduled to launch next summer, is designed to make it easier for truck drivers to find shippers that need goods moved, much in the way Uber connects drivers with riders. It would also eliminate the need for a third-party broker, which typically charges a commission of about 15% for doing the middleman work.”