Wyden Demands Investigation of UnitedHealth Cyberattack
Sen. Wyden urges investigation into UnitedHealth Group cyberattack. Lack of multifactor authentication cited as a preventable factor. Legislation introduced to…
Bank of America CEO Warns of Spending Slowdown
Moynihan reports reduced consumer and business spending. Consumer spending growth dropped to 3.5% this year. Businesses are cautious with investments…
Costco Surpasses Revenue Expectations
Costco exceeds third-quarter revenue expectations. Value-driven consumers propel strong sales growth. Foot traffic and online sales see significant increases.
Nordstrom Boosts Loyalty with In-Person Events
Nordstrom enhances loyalty with personalized in-person events. Digital sales show continuous improvement, accounting for 34% of total sales. Nordstrom Rack's…
Tech Companies Report Strong Q1 2024 Earnings Amid AI Demand
Tech firms report strong Q1 2024 earnings due to AI demand. C3.ai, HP, and nCino standout with impressive growth metrics.…
Governor Newsom Advocates Balanced AI Regulation
California’s AI regulation approach influences global policies. Industry leaders support balanced AI regulation. Effective governance needs adaptability and expert collaboration.
High-Income Shoppers Abandon Online Carts Most Frequently
High-income shoppers often abandon online carts unexpectedly. Income levels significantly influence cart abandonment behavior. Seamless shopping experiences can reduce abandonment…
New York Mandates Timely Crypto Customer Service
New York issues new crypto service guidelines. Guidelines require timely complaint resolution. Regulations aim to enhance industry transparency.
Google Partners with Magic Leap for AR Innovations
Google collaborates with Magic Leap on AR innovations. Focus on combining AI and AR technologies. Impact on consumer shopping experiences…
Mangopay Unveils AI Fraud Prevention Tool
Mangopay launches an AI-driven anti-fraud tool. Tool includes real-time detection and darknet insights. AI's uneven adoption by criminals highlights emerging…
