Demo day: Ten emerging businesses will pitch their ideas for a chance to win $10,000 at Demo Day, from 5 p.m. to 7 p.m. on May 25 at the Main Library on Goodwood Boulevard, Nexus Louisiana announced. Demo Day marks the culmination of Ignition 2.0, a nine-week initiative created by Nexus to help tech-enabled companies commercialize their products and services. Get more information about the event.
Transparency: Facebook parent Meta says it will start publicly providing more details about how advertisers target people with political ads, just months ahead of the U.S. midterm elections. The announcement follows years of criticism that the social media platforms withhold too much information about how campaigns, special interest groups and politicians use the platform to target small pockets of people with polarizing, divisive or misleading messages. Read the full story.
Fast arrivals: Walmart Inc. is expanding its drone delivery operations to some 4 million households in six states, as it looks to compete with the likes of Amazon and FedEx. Walmart said this morning that it will be able to deliver more than 1 million packages by drone a year in as little as 30 minutes to households in parts of Arizona, Arkansas, Florida, Texas, Utah and Virginia. The service will have a $3.99 delivery fee per order and can deliver up to 10 pounds at a time. Read the full story from The Wall Street Journal.
