Jack Daleo / FreightWaves:
Amazon unveils Amazon Warehousing & Distribution, letting sellers store their bulk inventory at Amazon’s fulfillment centers and access its distribution network — America’s most prolific marketplace is continuing its push to monopolize its sellers’ entire supply chains.
Jack Daleo / FreightWaves:
Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder’s Fund, Flexport, others — Company handled $1B in payment volume in its 1st year … Here’s a wild stat: Between 20% and 30% of all invoices today contain some form of exception or error.
Sara Fischer / Axios:
Over a dozen job openings indicate TikTok plans to build fulfillment centers in the US as it looks to build an “international e-commerce fulfillment system” — TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system …
Dina Bass / Bloomberg:
Microsoft unveils Supply Chain Center software in preview to help customers track supply chains by combining data from its own programs plus Oracle and others — Microsoft Corp. unveiled software that will help customers track and coordinate supply-chain systems by combining data …
Kyle Wiggers / TechCrunch:
Ox Security, which helps companies improve software supply chain security, raised a $34M seed from Microsoft’s M12 and others, and says it has 30 customers — The rise in software supply chain attacks, like the SolarWinds hack, prompted last year’s executive order from the Biden Administration …
ProPublica:
Analysis reveals how Google’s ad business funnels revenue to prolific purveyors of health, election, and climate disinfo in Europe, Latin America, and Africa — Google is funneling revenue to some of the web’s most prolific purveyors of false information in Europe, Latin America and Africa, a ProPublica investigation has found.
Brody Ford / Bloomberg:
Salesforce unveils Net Zero Marketplace that aggregates offset providers and rating agencies for carbon credit purchases, launching in October in the US — Salesforce Inc. is launching a marketplace for carbon credits that will aggregate offset providers and rating agencies …
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