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X CEO Cuts Top Exec Amid Pressure to Boost Revenue
X CEO Cuts Top Exec Amid Pressure to Boost Revenue
June 23, 2024  |  Personnel

X CEO Linda Yaccarino has reportedly reshuffled her inner circle amid pressure to reduce costs. As the Financial Times (FT) reported Sunday (June 23), three...

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Apple and Meta Reportedly Pursuing AI Collaboration
Apple and Meta Reportedly Pursuing AI Collaboration
June 23, 2024  |  artificial intelligence

Apple has reportedly held discussions with Meta about partnering on artificial intelligence (AI). The iPhone maker and the social media giant have discussed integrating Meta’s...

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Restaurants Push Promotions as Diners Lose Appetite for High Prices
Restaurants Push Promotions as Diners Lose Appetite for High Prices
June 23, 2024  |  Retail

Consumers are spending less at restaurants as menu prices remain high.  And as Seeking Alpha reported Saturday (June 22), it’s a situation that’s left some...

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CDK Works to Address ‘Mass Chaos’ Following Car Dealer Hack
CDK Works to Address ‘Mass Chaos’ Following Car Dealer Hack
June 23, 2024  |  Cybersecurity

Last week, a cyberattack on dealership software-as-a-service platform CDK Global crippled America’s auto sellers. Now, the group behind the attack is reportedly demanding tens of...

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Verituity Raises $18.8 Million to Expand AI-Powered Verified Payout Platform
Verituity Raises $18.8 Million to Expand AI-Powered Verified Payout Platform
June 21, 2024  |  B2B Payments

Verituity has raised $18.8 million to support the growth of its B2B and B2C verified payout platform. The firm will use the new funding to...

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Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
June 21, 2024  |  B2B Payments

Commerzbank plans to expand its credit card offering for business customers in Germany, adding a fully digital card with card management and usage features. The...

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Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
June 21, 2024  |  Apple

Apple will reportedly withhold several new technologies from consumers in the European Union (EU). The company will block the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in...

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FTC Lawsuits Resulted in $324 Million in Refunds in 2023
FTC Lawsuits Resulted in $324 Million in Refunds in 2023
June 21, 2024  |  Disbursements

Federal Trade Commission (FTC) lawsuits resulted in over $324 million in refunds to consumers in 2023. That total includes money returned to consumers as a...

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Report: Shein Shifting IPO to UK Amid Pressures in US
Report: Shein Shifting IPO to UK Amid Pressures in US
June 21, 2024  |  Retail

Shein is reportedly facing numerous challenges in its pursuit of an initial public offering (IPO) in the United States. Tensions between China and the U.S....

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