• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
NewslettersData Sheet

How Target Used Less Tech to Succeed—Data Sheet

By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
By
Aaron Pressman
Aaron Pressman
and
Adam Lashinsky
Adam Lashinsky
Down Arrow Button Icon
August 22, 2019, 8:21 AM ET
Add Fortune on Google for similar content.

This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

The innovation game has its limits. Companies are so desperate to find the next new thing, the silver bullet that will uplevel their way out of their incumbency blues, that they forget the basics.

Witness one aspect to a stunning turnaround at retailer Target, as recounted in the current issue of Fortune by Phil Wahba. Newish CEO Brian Cornell, a PepsiCo guy who knew his way around merchandising and marketing, decided the company’s efforts to find “moonshots” had become a distraction. For example, Wahba writes, “electronically lowering the price of an apple as it aged in a produce bin didn’t fit Target’s new mold.” Instead, Cornell wanted Target to focus on, you know, retailing, including sprucing up its stores. Imagine that. “Sometimes you have to turn down the volume,” Cornell told Wahba.

Wahba tells me Target hasn’t completely abandoned innovating or experimenting. But it decided to take the best of its learnings, the ideas that could be applied quickly, and jettison the maybe-one-day plans.

Incidentally, Wahba says the first time Cornell communicated Target’s intention to refocus its efforts was in an interview at Brainstorm Tech in Aspen, Colo., in 2017. Wahba’s article about the interview was titled, “Target CEO Sees Risk in Innovation for Innovation’s Sake.” Outstanding reporter that he is, Wahba remembers exactly where he was when Cornell was speaking in Aspen. “I was watching from a Target in Trenton, New Jersey,” he tells me. He had an interview nearby with another retailer but went to Target “because they have reliable Wi-Fi. While you guys were in Aspen, I was in Trenton, New Jersey. Not that I’m bitter.”

Streaming an interview from a mall while on assignment to do another interview: Now that’s an innovative commitment to the basics. Thanks, Phil!

***

Speaking of great journalism, I urge you to pour another cup of coffee and dive into a story Fortune is publishing on Thursday morning with ProPublica, the non-profit investigative news organization. It’s called “How Amazon and Silicon Valley Seduced the Pentagon,” a riveting blow-by-blow account of how the 21st-century military-techno complex works. The article is about JEDI, the Pentagon’s effort to shift its data management to the cloud. If you’re of the mind that billionaires and their behemoth companies have an unfair advantage in crafting policy alongside ethically well-traveled public servants, you’ll find plenty of confirmation in this just-the-facts, rigorously reported article. Diehard Fortune fans also will recognize two of the three bylines, our old super sleuths James Bandler and Doris Burke.

Adam Lashinsky

On Twitter: @adamlashinsky

Email: adam_lashinsky@fortune.com

NEWSWORTHY

Mystery move. The co-founder of Google's DeepMind artificial intelligence lab, Mustafa Suleyman, was placed on leave for undisclosed reasons. DeepMind has drawn criticism for improper use of hospital patient records in the United Kingdom.

Love the way you lie. The co-owner of rapper Eminem's song publishing rights sued Spotify on Wednesday. Eight Mile Style said the streaming service had not properly licensed Eminem's songs and challenged the constitutionality of provisions of the Music Modernization Act adopted last year.

But don't try to walk and chew gum at the same time. Singapore and Fitbit are teaming up in an effort to enroll at least 1 million citizens of the Asian country in a new healthy living program. Participants get a free Fitbit Inspire HR.

Crosseyed and painless. Much data online is encrypted for security while stored or when sent from place to place, but a new effort from major tech companies is seeking to add encryption to data while it's being used by applications. The Confidential Computing Consortium, which includes Google, IBM, and Microsoft, says its efforts are "the third and possibly most challenging step to providing a fully encrypted lifecycle for sensitive data.”

Guess my pa$$w0rd. Speaking of sensitive data, an investigation by Fast Company found that the Wi-Fi networks at many WeWork locations have the same, easy-to-guess password and rely on outdated security standards. WeWork says it offers customers upgraded security features for an additional fee.

Violence must end. A group of seven women sued Lyft, charging that they were raped or attacked by Lyft drivers. The company said it would not "tolerate harassment or violence" and has added features to its app to improve rider safety.

Get off of my cloud. On Wall Street, data analytics specialist Splunk announced results that beat analyst expectations and said it would pay $1 billion to acquire cloud monitoring service SignalFX. Quarterly revenue rose 33% to $517 million. Splunk's stock price, previously up 23% in 2019, lost 3% in pre-market trading on Thursday.

FOOD FOR THOUGHT

As facial recognition technology spreads as a tool of surveillance, often in countries with authoritarian tendencies, so, too, comes the rise of anti-recognition tech. Like something out of a William Gibson novel, protesters in some places are moving way beyond masks. The Economist surveys some of the research to thwart the A.I. systems:

Training one algorithm to fool another is known as adversarial machine learning. It is a productive approach, creating images that are misleading to a computer’s vision while looking meaningless to a human being’s. One paper, published in 2016 by researchers from Carnegie Mellon University, in Pittsburgh, and the University of North Carolina, showed how innocuous-looking abstract patterns, printed on paper and stuck onto the frame of a pair of glasses, could often convince a computer-vision system that a male ai researcher was in fact Milla Jovovich, an American actress.

IN CASE YOU MISSED IT

Girls Who Code CEO: Men Need to Be Brave in the Service of Women By Reshma Saujani

Microsoft Listened to Xbox Players, Including Children, Contractors Say By David Z. Morris

What the Business Roundtable Pledge Means to Tech—Whether Companies Signed It or Not By Danielle Abril

Millions View Fake Instagram Privacy Policy Shared by Rick Perry, Megan Rapinoe, Usher, and Julia Roberts By Alyssa Newcomb

Love It or Hate It, Autocorrect Is Coming to Gmail By Chris Morris

A Rare Tech Company Where Women Dominate By Jennifer Alsever

Amid Protests, Hong Kong’s Stock Exchange May Lose Chance at Alibaba Listing—Again By Eamon Barrett

BEFORE YOU GO

The whole blimps-as-transportation concept pretty much ended 80 years ago when the German zeppelin Hindenburg burst in flames. But with improvements in materials and propulsion, plus growing concerns about how current transportation networks are harming the climate, maybe the zeppelin will return. A researcher at Austria's International Institute for Applied Systems Analysis is proposing mile-long blimps that would ride the jet stream and carry cargo around the world. But it would still need to be filled with potentially explosive hydrogen gas. I'm not holding my breath.

This edition of Data Sheet was curated by Aaron Pressman. Find past issues, and sign up for other Fortune newsletters.

About the Authors
By Aaron Pressman
See full bioRight Arrow Button Icon
By Adam Lashinsky
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

The Supreme Court’s birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
NewslettersCEO Daily
The Supreme Court’s birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
5 hours ago
Microsoft CEO Satya Nadella on April 23, 2026 in Sydney, Australia. (Photo: George Chan/Getty Images)
NewslettersFortune Tech
Microsoft may cut thousands more jobs in a bid to control costs
By Andrew NuscaJuly 1, 2026
5 hours ago
Image of colored bar charts with one being pushed up.
NewslettersEye on AI
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
21 hours ago
Meet the only Black woman chair of the board in the Fortune 500
NewslettersMPW Daily
Meet the only Black woman chair of the board in the Fortune 500
By Emma HinchliffeJune 30, 2026
23 hours ago
The VCs betting founders need a village, not a blank check
NewslettersTerm Sheet
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
1 day ago
Gulf bond markets extend their rally despite uncertain outlook
NewslettersFortune Gulf Brief
Gulf bond markets extend their rally despite uncertain outlook
By Melissa HancockJune 30, 2026
1 day ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
2 days ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.