AI Transforms Financial Sector Amid Risks
The rapid integration of artificial intelligence (AI) is reshaping the financial sector, presenting both significant opportunities and challenges. The Bank…
Amazon Launches Discount Section to Compete with Temu and Shein
Amazon launches a new discount section targeting Temu and Shein. The platform will offer direct shipping from China within nine…
Levi’s Gains Momentum through D2C eCommerce Growth
Levi’s sees significant D2C growth through eCommerce. New strategies boost online and in-store sales. Young and high-income consumers prefer Levi’s…
High Earners in the U.S. Take on Side Hustles
High earners increasingly pursue side gigs for extra income. Reselling used goods is the most common side hustle. Passive income…
Judge Blocks $30B Visa, Mastercard Antitrust Settlement
Judge blocks $30 billion Visa, Mastercard settlement. Merchants argue fees remain high under proposed terms. New negotiations or trial could…
iVerify Secures $12 Million Amid Data Breaches
iVerify raised $12M to enhance mobile EDR capabilities. Funding led by Shine Capital amid surging cyberattacks. Recent breaches underscore need…
Retailers Penalize Serial Returners
Retailers penalize frequent returners to manage return costs. Customer-friendly return policies drive better financial performance. Balancing cost and customer satisfaction…
Cyberattack Disrupts U.S. Car Dealership Operations
Cyberattack disrupts over 15,000 U.S. car dealerships. Dealerships revert to manual operations, delaying transactions. Incident underscores need for robust cybersecurity…
UC Santa Cruz Reduces AI Energy Use
Researchers at UC Santa Cruz have pioneered a method to significantly lower the energy costs of running large language models,…
Nubank Acquires Hyperplane to Boost AI Strategy
Nubank acquires Hyperplane to boost AI capabilities. Acquisition aligns with customer-centric strategy. Enhances personalized financial solutions.
