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City of London Seeks to Boost Competitiveness, Foreign Investment
City of London Seeks to Boost Competitiveness, Foreign Investment
May 22, 2024  |  International

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need...

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Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
May 22, 2024  |  Investments

Max Retail has raised $15 million in a Series A round to expand its marketplace that helps independent retailers and brands sell excess inventory. The...

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Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024  |  Investments

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use...

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Care.com Debuts Employer-Based Spending Accounts
Care.com Debuts Employer-Based Spending Accounts
May 22, 2024  |  Personnel

Care.com has introduced a spending account to help workers cover the cost of care. The new accounts, announced Wednesday (May 22), are designed to give employers a solution...

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Petco Rethinks Its Merchandise to Woo Pet Parents as Sales Dip
Petco Rethinks Its Merchandise to Woo Pet Parents as Sales Dip
May 22, 2024  |  Earnings

With sales continuing to slide, Petco is launching a three-pronged strategy to engage pet parents. The pet care and pet supply retailer released earnings Wednesday (May 22) showing net...

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Mark Zuckerberg Forms Advisory Council to Inform Meta’s AI Efforts
Mark Zuckerberg Forms Advisory Council to Inform Meta’s AI Efforts
May 22, 2024  |  Meta

Meta CEO Mark Zuckerberg has created a product advisory council to provide guidance on the company’s artificial intelligence (AI) and technology efforts. The new Meta Advisory Group will meet...

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Microsoft and G42 Team on $1 Billion Kenya Data Center
Microsoft and G42 Team on $1 Billion Kenya Data Center
May 22, 2024  |  Technology

Microsoft and AI company G42 have teamed to build a $1 billion Kenya-based data center. The collaboration, according to a Wednesday (May 22) news release, marks the largest digital...

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Will Walmart and Target Price Cuts Inspire Other Retailers?
Will Walmart and Target Price Cuts Inspire Other Retailers?
May 22, 2024  |  Retail

The past few days have seen two of America’s biggest retailers announce major price cuts. When Target this week said it was cutting prices on thousands of products,...

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Zilliant to Integrate AI Across Pricing Lifecycle Management Solutions
Zilliant to Integrate AI Across Pricing Lifecycle Management Solutions
May 22, 2024  |  B2B Payments

Zilliant said Wednesday (May 22) that it will integrate artificial intelligence (AI) across its pricing lifecycle management solutions. These integrations will help companies react more...

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