Jason Del Rey

Recent Posts by Jason Del Rey

Walmart CEO: E-Commerce Sales to Hit $10 Billion This Year

Walmart global e-commerce sales are expected to hit $10 billion this fiscal year, CEO Mike Duke announced at the company’s shareholder meeting today. That number has been boosted a bit recently by acquisitions, including the company’s purchase of Chinese online retailer Yihaodian. Still, e-commerce sales are just a sliver of overall sales at the big-box giant, which totaled $469 billion in revenue in fiscal year 2012.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald