McDonald’s Sells AI Startup Championed by Ex-CEO to Mastercard

150
Comment
Favorite

McDonald’s Sells AI Startup Championed by Ex-CEO to Mastercard

Bloomberg2021-12-22

McDonald’s Corp. agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its former CEO in 2019 for more than $300 million, to Mastercard Inc. for an undisclosed amount. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

150

Report

Comment

JayNayHayDay
·2021-12-22
Cool
Reply
1
Report
Huathuat23
·2021-12-22
Time to buy mcd?
Reply
2
Report
KFChen
·2021-12-22
Woa
Reply
Like
Report
ASMH
·2021-12-22
Like
Reply
Like
Report
EHG
·2021-12-22
Like
Reply
4
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1121804015?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-12-22 07:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1121804015","market":"us","top_or_hot":-1,"title":"McDonald’s Sells AI Startup Championed by Ex-CEO to Mastercard","media":"Bloomberg","content":"<div>\n<p>McDonald’s Corp. agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its former CEO in 2019 for more than $300 million, to Mastercard Inc. for an undisclosed amount.\nThe ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-21/mcdonald-s-sells-digital-unit-championed-by-ex-ceo-to-mastercard\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>McDonald’s Sells AI Startup Championed by Ex-CEO to Mastercard</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMcDonald’s Sells AI Startup Championed by Ex-CEO to Mastercard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-22 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-21/mcdonald-s-sells-digital-unit-championed-by-ex-ceo-to-mastercard><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>McDonald’s Corp. agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its former CEO in 2019 for more than $300 million, to Mastercard Inc. for an undisclosed amount.\nThe ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-21/mcdonald-s-sells-digital-unit-championed-by-ex-ceo-to-mastercard\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MCD","symbol_name":"麦当劳","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-12-21/mcdonald-s-sells-digital-unit-championed-by-ex-ceo-to-mastercard","article_id":"1121804015","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121804015","pubTimestamp":1640128271,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"McDonald’s Corp. agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MCD":"麦当劳","MA":"万事达"},"translate_title":"麦当劳将前首席执行官支持的人工智能初创公司出售给万事达卡","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MA":0.9,"MCD":0.9},"content_text":"McDonald’s Corp. agreed to sell Dynamic Yield, an artificial intelligence startup acquired under its former CEO in 2019 for more than $300 million, to Mastercard Inc. for an undisclosed amount.\nThe deal gives Mastercard technology used to personalize menus and browsing options online and at physical stores. Chicago-based McDonald’s, which will remain a customer, has used Dynamic Yield in drive-thru menus and ordering kiosks. Mastercard has other customers who use Dynamic Yield, the companies said in a statement.\nFormer McDonald’s Chief Executive Officer Steve Easterbrook had raised eyebrows with the acquisition, the company’s largest in decades, because the New York-based startup’s business was far afield from selling burgers and milkshakes. Franchisees sometimes resisted his push to spend on new technology, though his drive to develop mobile ordering and delivery services paid off when the Covid-19 pandemic hit. By then, Easterbrook had been fired after the company discovered he had been in sexual relationships with subordinates.\nThe transaction will close in the first half of 2022, the companies said. Dynamic Yield CEO Liad Agmon will step aside and become an adviser, with Chief Technology Officer Ori Bauer replacing him.\nChicago-based McDonald’s shares rose 1% on Tuesday.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9000841860,"gmtCreate":1640130506305,"gmtModify":1676533502105,"author":{"id":"3583556881329786","authorId":"3583556881329786","name":"JayNayHayDay","avatar":"https://community-static.tradeup.com/news/26183a01265133621dca5960756230da","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000841860","repostId":1121804015,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000849514,"gmtCreate":1640129961060,"gmtModify":1676533502062,"author":{"id":"3581975697039669","authorId":"3581975697039669","name":"Huathuat23","avatar":"https://static.tigerbbs.com/f44ed8f98af361a3554f1aa1631d0c29","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Time to buy mcd?","listText":"Time to buy mcd?","text":"Time to buy mcd?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000849514","repostId":1121804015,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000849604,"gmtCreate":1640129841027,"gmtModify":1676533502056,"author":{"id":"3576990193651421","authorId":"3576990193651421","name":"KFChen","avatar":"https://static.tigerbbs.com/6830fa3fe8a82d29953fbb2e6153801e","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Woa","listText":"Woa","text":"Woa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000849604","repostId":1121804015,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000857501,"gmtCreate":1640129454132,"gmtModify":1676533502015,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000857501","repostId":1121804015,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9000851203,"gmtCreate":1640128492647,"gmtModify":1676533501664,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000851203","repostId":1121804015,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":150,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}