Amazon Launches AI-Powered Alexa with New Capabilities
Amazon’s generative AI-powered Alexa can process multiple requests and take proactive actions. The new version will be revealed on February…
Banco Santander Reports Record Profits with Expansion and Digital Growth
Santander reported record profits in 2024, driven by technology and digital expansion. The bank launched Openbank in the U.S. and…
Alphabet Plans to Spend $75 Billion on AI, Investors React
Alphabet plans to invest $75 billion in AI development in 2025. Investors reacted negatively, causing an 8% drop in Alphabet’s…
EU Pushes for Stricter Rules on Low-Value Imports in Online Retail
The European Commission proposes stricter regulations on low-value eCommerce imports. Key measures include removing duty exemptions and increasing compliance monitoring.…
Janie and Jack Launches Third-Party Marketplace to Expand Product Selection
Janie and Jack launched a third-party marketplace with Mirakl to expand product offerings. The new platform features home decor, toys,…
Prior Labs Secures €9M to Expand AI Model for Tabular Data
Prior Labs raised €9M to advance AI-driven tabular data analysis solutions. TabPFN offers machine learning-based predictions without requiring task-specific training.…
Treasury Restricts Musk’s DOGE to Limited Access in U.S. Payment Systems
Treasury limits DOGE’s access to read-only status in U.S. payment systems. Lawmakers and officials express concerns over potential interference in…
IKEA Expands Renewable Energy Initiative to 14 More Countries
IKEA expands its renewable electricity program to 14 more countries, including the U.S. The initiative helps suppliers transition to renewable…
IONATE Secures $17M to Expand Smart Grid Technology Worldwide
IONATE raised $17 million to expand its smart grid technology globally. The company's Hybrid Intelligent Transformer improves grid stability and…
Walmart Cuts Hundreds of Jobs and Moves Employees to Main Offices
Walmart is cutting jobs and relocating employees to its primary hubs. The move aims to streamline operations and improve efficiency…
