3. Amazon is trying to end the Bitcoin acceptance rumors
Amazon has denied a media report that the e-commerce giant wanted to accept bitcoin payments by the end of the year.
An anonymous source within Amazon told City AM: “This is not just about setting up payment solutions in cryptocurrency at some point in the future.”
“This is a broad, well-discussed, integral part of the future mechanism of how Amazon will work.”
The “guideline comes from the very top” and relates to Jeff Bezos, they added.
Additionally, the report claimed Amazon was researching creating its own cryptocurrency, possibly as early as 2022.
“Despite our interest in space, the speculation that has arisen about our specific plans for cryptocurrencies is not true,” an Amazon spokesman told RTIH.
“We continue to focus on figuring out what this might look like for customers who shop with us.”
4. McDonald’s is redesigning the customer experience team for a digital age
McDonald’s has announced the creation of a new customer experience team that will bring together its data analytics, digital loyalty, global marketing, and global restaurant development and restaurant solutions teams under the leadership of Manu Steijaert as its first chief customer officer.
5. Walmart wants to sell its technology to other retailers
Walmart will begin offering several of its own omnichannel technologies and capabilities to other companies and brands.
As part of this effort, the company has announced a partnership with Adobe to integrate its marketplace, online, and in-store fulfillment and pickup technologies with Adobe Commerce.
“We have built new skills to meet the changing needs of our own customers, and we have a unique opportunity to use our experience to help other companies do the same,” said John Furner, chief executive officer at Walmart US
“The commercialization of our technologies and capabilities helps us to reinvest sustainably in our customer value proposition.”
