Walmart Nabs Social Shopping Startup, Then Promptly Shuts It Down

Walmart Labs, the retail giant’s eCommerce and R&D operation, has announced the acquisition of Luvocracy—a social shopping application that essentially allows users to both check out what their friends, loved ones and enemies (insofar as one has…

Source: www.pymnts.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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