Walmart discovers $10 billion app

Walmart misstep turns to $10 billion gain

Walmart, in an acquisition questioned by many, acquired, for $17 billion, an Indian e-tailing company, Flipkart. Last year’s acquisition was seen as a misstep given vast cultural differences between the companies and Walmart’s distance behind Amazon in e-commerce. Recently, however, Walmart discovered that the acquisition’s subsidiary, payment app PhonePe, has experienced 77% growth in the past year. The payments company is riding atop of rapid growth of Indian consumer use of payment apps. ZDNet

dis-rup-shun: Walmart needs a little luck as it struggles to catch Amazon in the online retailing race, but finding it has control of one of the fastest growing payment apps in India could open new lines of business for the company that has mostly struggled to gain traction outside of North America. As mobile payment apps quickly become preferred forms of commerce outside of the U.S., Walmart can build on its strong position in India.

Attorney General Barr decides to take on Big Tech

After a number of controversial testimonies, the U.S. Attorney General has decided to investigate if Big Tech has become anti-competitive. Stock prices of Amazon, Alphabet, Facebook and Apple fell 1% in extended trading. CNBC

dis-rup-shun: If the determination of anti-competitive is having a “dominant market position,” then Google search dominance will be a problem, as will Facebook’s dominance in social networking with not only its Flagship, but its owned subsidiaries of Instagram and WhatsApp. Amazon’s domination of ecommerce will be hard to dispute.

Honeywell T9 smart thermostat full on features, light on design

Resideo’s newest smart thermostat, branded Honeywell T9, has remote sensors that go beyond Nest and Ecobee by measuring both temperature, presence and humidity. Despite the strong feature set, the device lacks the sleek industrial design of leading competitors. The Verge

dis-rup-shun: Despite Honeywell being the best recognized brand in residential HVAC controls, it has struggled to grasp the importance of cutting edge design and to shake off its industrial heritage. As the smart home struggles to move from Early Adopter to Early Majority, engaging the young professional, tech savvy buyer who considers aesthetics as important as features, is critical and appears even more important than brand recognition.

Electric Ford F-150 pulls a train

Ford sold 1.1 million F-150 pickup trucks last year. The company released a video showing a prototype electric F-150 pulling a train load of F-150s (42 trucks). Ford believes that consumers perceive EVs to have less power, hence the towing demonstration. Ars Technica

dis-rup-shun: Global share of electric vehicles of all vehicles was up 54% in 2017, and is expected by Statista to make up 14% of all U.S. vehicles sold by 2025. Government policies, providing incentives for electric car buyers, has been critical to sales growth. Now car makers are offering some exciting electric options. Expect ride sharing apps to offer an electric vehicle option, as soon as there are enough on the road to enter the ride share pool.

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