ICYMI Weekly Tech News Highlights April 7, 2017
ICYMI Weekly Tech News Highlights is a weekly roundup of relevant technology posts from around the web.
Our thoughts: This technology sounds great for the rural areas of the world. It doesn't matter how fast your Wi-Fi is if your bandwidth is terrible.
Comcast is planning to launch cell phone plans in challenge to Verizon, AT&T
While wireless carriers are contending with slowed growth and a cutthroat price war, cable companies like Comcast are navigating a saturated pay-TV business under assault from cord-cutting and inexpensive online video options. For both, the other’s turf looks ripe for disruption.
Our thoughts: As the pay TV business slows, the largest cable company is smart to look for new revenue opportunities. Will consumers care enough to switch?
Amazon and Walmart are in an all-out price war that is terrifying America’s biggest brandsOur Thoughts: Customers often love it when retailers battle it out, but the product wholesale suppliers often feel the crunch.
Walmart wants to have the lowest price on 80 percent of its sales, according to a presentation the company made at the summit, which Recode reviewed. To accomplish that, the brands that sell their goods through Walmart would have to cut their wholesale prices or make other cost adjustments to shave at least 15 percent off. In some cases, vendors say they would lose money on each sale if they met Walmart’s demands. Brands that agree to play ball with Walmart could expect better distribution and more strategic help from the giant retailer. And to those that didn’t? Walmart said it would limit their distribution and create its own branded products to directly challenge its own suppliers.
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