Tuesday, May 21

Tag: Walmart

Walmart $2.3 Billion Acquisition of Vizio: Revolutionizing the Intersection of Retail and Entertainment
News

Walmart $2.3 Billion Acquisition of Vizio: Revolutionizing the Intersection of Retail and Entertainment

In a strategic move to bolster its advertising and media business, Walmart has announced its plan to acquire Vizio, a prominent television manufacturer, for a staggering $2.3 billion. This acquisition is expected to provide Walmart with access to Vizio's SmartCast Operating System, along with its 18 million active accounts. With this groundbreaking deal, Walmart aims to redefine the intersection of retail and entertainment, positioning itself as a formidable competitor against rivals like Amazon. Vizio, widely recognized for its high-quality television sets, has made a significant impact on the market. However, its influence extends far beyond hardware. Vizio's SmartCast Operating System, which comes integrated into every Vizio TV set, has gained immense popularity, boasting over 18 mil...
Man Files Lawsuit Against Walmart for $100M or “Unlimited free Lifetime Shopping”
Local

Man Files Lawsuit Against Walmart for $100M or “Unlimited free Lifetime Shopping”

Roderick Jackson, a resident of Waskom, Texas, has filed two handwritten complaints against retail giant Walmart. The complaints, filed in the U.S. District Court for the Western District of Arkansas, seek $100 million in damages or "unlimited free lifetime shopping" at any Walmart location. While the complaints do not provide detailed information about the reasons behind the lawsuit, they allege an incident involving false pretense of shoplifting and the violation of Jackson's civil rights based on race/color. According to the complaints, the incident in question took place at a Walmart store in Omaha, Nebraska, in March 2021. Jackson claims that he was falsely accused of shoplifting and subjected to racial profiling, leading to the violation of his civil rights. This is not the first ...