Thursday, May 31st, 2018

Walmart is Offering its Employees a College Education for $1 a Day
Company Press Release
Washington Post

The company announced on Wednesday a new employee perk that provides access to affordable, associate’s and bachelor’s degrees in Business or Supply Chain Management.

Walmart plans to subsidize the cost of tuition, books, and fees. Under the program, the associates’ contribution toward a college degree would be just $1 a day. Degrees will be offered through the University of Florida, Brandman University, and Bellevue University.

The program will be available to all United States Walmart and Sam’s Club associates.

Zynga Acquires a Mobile Game Developer
Company Press Release
Venture Beat

The company announced on Wednesday that it would acquire Gram Games for $250 million in cash and a three-year earn-out based on specific profitability goals.

Gram Games has a team of 77 employees and operates studios in London and Istanbul. The company’s popular game titled Merge Dragons! launched less than a year ago and broke into the Top 50 Grossing Game charts in the U.S. Apple App Store.

The acquisition will grow Zynga’s audience by 3 million mobile daily active users (DAU), and also expands its new game pipeline by adding several new games in development for 2019.

Hasbro Looks to Sell Rare Digital Stickers
Company Press Release

Hasbro has teamed up with Quidd to create, distribute and sell limited-edition digital stickers from 40 of Hasbro’s brands through the Quidd app.

Users will be able to make characters, buy, trade and use premium, rare digital stickers from Hasbro’s catalog to express themselves.

According to the company, Quidd has sold nearly 1.75 Billion individually serialized items since it was founded in 2015.

Monster, the Maker of Headphones and HDMI Cables, Looks to Launch an ICO
SEC Filing

According to Coindesk, citing a filing with the U.S. Securities and Exchange Commission, Monster, the company formerly known as Monster Cable looks to roll out a $300 million initial coin offering.

It plans to integrate Ethereum blockchain technology for the “Monster Money Tokens” and wants consumers to be able to use either tokens or fiat currencies to purchase Monster products and services on its new website.

The company hopes to use its influence, scale and global connections to eventually compete against companies such as Amazon, eBay, and Alibaba.

Pandora Introduces a New Premium Family Plan to Compete with Other Music Streaming Services
Company Press Release

The company announced on Tuesday that it plans to offer a new family plan that provides ad-free, on-demand music for up to six people under one billing account for $14.99 a month.

With the introduction of the Premium Family Plan, Pandora broadens its current subscription model for families. It also plans to launch its new feature called “Our Soundtrack”, which is an auto-generated personalized shared playlist, updated weekly.

Taxify, an Uber Competitor Raises $175 Million

According to a report by TechCrunch, Taxify an Estonia based company that operates in Europe and Africa raised the new round of funding led by Daimler, the auto manufacturing giant. The company also raised the new round from investors such as Korelya Capital and China’s Didi Chuxing.

Taxify plans to use the new funds to develop its technology and expand further into Europe and Africa. Reuters reports that a Daimler representative will join Taxify’s board.

According to the TechCrunch article, Markus Villig, the company’s CEO and co-founder stated that the company has more than 500,000 drivers and over 10 million users.

Adidas Makes Big Moves in the Upcoming Soccer World Cup
Thompson Reuters Data
Business Standard

According to a report by Reuters, the German sportswear brand, takes the lead over Nike in FIFA World Cup Shirt deals; it will supply shirts for 12 out of 32 countries.

The upcoming World Cup begins in June and will take place in Russia.