Category: Trucking News

For Walgreens, Going Private Changes the Venue, Not the Problem

(Bloomberg) -- The public markets have not been kind to Walgreens Boots Alliance Inc.The company is the biggest standalone drugstore chain in the U.S., and has doubled down on a brick-and-mortar strategy even as online competitors proliferate, trying to steal its best pharmacy customers while slowly chipping away at its front-of-store sales as well. It’s the second-worst performer on the Dow this year.On Tuesday, Bloomberg reported that Walgreens was reviewing a potential deal to team up with private equity in what would be the largest leveraged buyout in history. Chief Executive Officer Stefano Pessina is the company’s largest holder, with 16% of the stock, which could help ease the about $50 billion valuation company’s passage from public to private.While a private equity deal might give Walgreens time and flexibility, it won’t relieve the numerous external pressures that it and other pharmacy chains are facing. There are too many pharmacies in the...

5 Questions About New Frontier Data’s Recently Launched Cannabis Data Marketplace

At the Benzinga Cannabis Capital Conference last month, cannabis research provider New Frontier Data announced the launch of its Equio Data Marketplace, a resource that will give investors and others in cannabis access to more industry research. Benzinga exchanged emails with New Frontier Data to get a little more info on what exactly the platform is offering. Giada Aguirre De Carcer, New Frontier Data Founder & CEO: Our Equio online platform provides digital, visualized and interactive access to a combination of quantitative and qualitative data in the form of raw streams, indices, market benchmarks, curated news and analytical content across both vertical and geographic segments....

New AI chips top key benchmark tests: Nvidia

The results are a boost to the company's efforts to make headway into one of the biggest growth areas in the field called inference, which is the process of using an AI algorithm for tasks such as translating audio into text-based requests. Intel Corp's processors currently dominate the market for machine learning inference, which analysts at Morningstar estimate to be worth $11.8 billion by 2021. The company said its inference chips have now achieved the fastest results on five new independent suite of AI benchmarks, called MLPerf Inference 0.5....