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Daily QuickWit (6.25) – Yesterday’s Top Stories

Google delays Chrome’s cookie-blocking privacy plan by nearly 2 years

Providing many advertising firms a stay of execution, Google announces a delay in it’s privacy plan often called the ‘death of cookies’.  Google believes blocking third-party cookies at this stage is actually bad for people using the web because it drives tracking companies to more covert approaches such as fingerprinting. “Unlike cookies, users cannot clear their fingerprint, and therefore cannot control how their information is collected or used. We don’t think that’s a sustainable long term investment,”.

We aren’t exactly sure as to why they have changed their tune, it cannot be just for users… certainly more to come here as we learn the true motives from these companies.

Rite Aid shares plummet

Shares of Rite Aid tumbled 14.5% on Thursday, sending the company’s stock market value under $1 billion, as Wall Street digested mixed first-quarter results and weaker earnings guidance.  CEO cites Covid uncertainty for drug store chain’s cautious outlook.

Groceries played midsized role during Amazon Prime Day

Sixteen percent of consumers who made purchases from Amazon during the retailer’s two-day Prime Day event this week bought groceries, according to preliminary survey data released by market research firm Numerator.

Walmart’s AI is getting smarter about grocery delivery

Walmart shared information about how it’s training its AI to make smarter substitutions in online grocery orders.

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