TC Roundup: New Amazon competitor Jet.com hires E-Trade CMO
New Amazon competitor Jet.com hires E-Trade CMO: Shopping site Jet.com may not be public yet, but it has $220 million in investment, sky-high hype and now a well-regarded CMO leading its marketing efforts.
Jet, founded by Diapers.com co-founder Marc Lore, has hired E-Trade's chief marketing officer Liza Landsman. She'll take the somewhat made-up-sounding title of Chief Customer Officer, but it's a very real role overseeing the end-to-end customer experience, from the company's analytics team to its marketing and branding staff. (Recode)
In the race between Google and Facebook over global connectivity, everyone is winning: There are still 4 billion people in the world who are not online.
Figuring out how to address that problem and why it matters was one of the main themes this week at the Mobile World Congress in Barcelona. But while the global telecom industry has embraced this as one its most urgent issues (and opportunities), it's worth recognizing that this is due in no small part to the significant efforts of Facebook and Google. (Venture Beat)
Self-driving cars could generate billions in revenue: U.S. study: Self-driving cars could generate billions of dollars a year in revenue from mobile internet services and products, even if occupants spend only a fraction of their free time on the web, according to a new study by McKinsey & Company. (Reuters)
Twitter In talks with live streaming app Periscope: If you looked at this week's sudden Meerkat phenomenon and thought "hey, Twitter should buy this," then you're on the right track. According to sources we've spoken with, Twitter has been in talks to purchase live streaming app Periscope, which many private beta users have compared to Meerkat. (Tech Crunch)
From tech to politics: two entrepreneurs exemplify Israel rifts: Both speak flawless English, fought in elite army units and went on to reap millions in Israel's high-tech boom.
Now, Naftali Bennett and Erel Margalit, members of Israel's parliament since 2013 and on opposite ends of the debate over Palestinians, represent an emerging political leadership class - - high-tech entrepreneurs. As they help transform the country from what was a centralized, agrarian economy whose vanguard hailed from the kibbutz and the army, their rivalry could prove decisive to Israel's political future.(Bloomberg)