Recommended Reading: June 14, 2017 - eMarketer
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Recommended Reading: June 14, 2017

eMarketer’s scan of the key developments of the day, plus data to make sense of it all

June 14, 2017

Marissa Mayer Resigns, Verizon Closes Acquisition of Yahoo

Verizon has finally closed its $4.5 billion acquisition of Yahoo, which it plans to combine with its AOL assets into a subsidiary called Oath. According to TechCrunch, Yahoo CEO Marissa Mayer has resigned. Oath will be led by AOL CEO Tim Armstrong.

Uber CEO Takes Leave of Absence

Travis Kalanick, Uber’s CEO, is taking a leave of absence as the company continues to face issues regarding its workplace culture, The New York Times reports. In an email sent to employees, Kalanick wrote: “The ultimate responsibility, for where we’ve gotten and how we’ve gotten here, rests on my shoulders. There is of course much to be proud of, but there is much to improve.”

AmazonFresh Expands in the UK

A year after AmazonFresh’s UK debut in London, Amazon UK has added an additional 42 postcodes in nearby Hertfordshire and Bedfordshire to its online grocery service, growing the list of neighborhoods able to receive shipments to 302. The service’s selection has also swelled by more 50,000 products over the past year to exceed 180,000 items, according to the company.

Transport for London Unveils Chatbot

Transport for London this week debuted its first social media chatbot. The transit authority’s AI-powered TfL TravelBot can “chat” with customers via Facebook Messenger to help them figure out when a bus is due to arrive, provide service updates for TfL’s various road and rail services, and fetch system maps. The TravelBot can also link users directly to a customer service agent.

—Cliff Annicelli, Rimma Kats

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