Locus Robotics Raises $25 Million in Round Led by Scale Venture Partners

Locus Robotics Corp., whose robots help workers fulfill e-commerce orders, raised $25 million in a funding round led by Scale Venture Partners that the company plans to use to develop new products and expand into new markets.

Alibaba to Buy Big Stake in Wal-Mart China Rival

E-commerce giant Alibaba is adding to its already-sizeable bet on brick-and-mortar, saying it will pay $2.88 billion for a 36% stake in China’s second-largest big-box retailer, Sun Art Retail.

Marvell Nears Deal to Buy Cavium for About $6 Billion

The acquisition would create a bigger and more well-rounded competitor to chip-making giants such as Intel Corp. and Broadcom Ltd.

Martin Ford on Who’s Enjoying the Fruits of Innovation

The author says technological progress hasn’t been great for the average person.

The Latest Path to Silicon Valley Riches: Stake Sales

Entrepreneurs and venture investors are cashing out of hot startups through secondary sales of big stakes, rather than waiting for companies to go public or be acquired.

The Secret to Tech’s Next Big Breakthroughs? Stacking Chips

Microchips, once always thin and flat, now are getting stacked like pancakes and becoming 3-D—with big consequences for all our devices.

‘Gucci’ Lobbyists From ’86 Tax Revamp Are Gone. Now They Use Gchat

Liberated by the ability to email, text and Gchat lawmakers and aides, the lobbyists who swarmed Capitol Hill from 1985 to 1986, no longer have to physically be present as the House and Senate speed through a sweeping rewrite of the tax code.

Toshiba to Raise $5.3 Billion in Sale of New Shares

Toshiba Corp. said it would raise ¥600 billion ($5.3 billion) through the sale of new shares to foreign funds, a step to avoid a delisting from the Tokyo Stock Exchange if the planned sale of its chip unit is delayed.

A Chess Novice Challenged Magnus Carlsen. He Had One Month to Train.

Max Deutsch, a speed learner who conquered back-flips, Hebrew and perfect pitch, is testing the limits of self-improvement. Next up: the world’s greatest chess player.

Outcome Health Offers Voluntary Buyouts to Employees

Outcome Health, a Chicago startup, offered voluntary buyouts to employees, and Harvard Health Publishing and the American Medical Association put their partnerships with the company on pause.