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Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett Cuts Stake in Apple by 13%
May 05, 2024  |  Apple

Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate’s first quarter earnings report — released Saturday — showed the company’s...

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Crypto.com Looks to Sports to Capture Non-Crypto Audience 
Crypto.com Looks to Sports to Capture Non-Crypto Audience 
May 05, 2024  |  Cryptocurrency

Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double...

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Paytm Money Names Rakesh Singh CEO as COO Departs
Paytm Money Names Rakesh Singh CEO as COO Departs
May 05, 2024  |  Personnel

Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal...

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Banks Boost Visibility, Customer Service With Branches in Airport Terminals
Banks Boost Visibility, Customer Service With Branches in Airport Terminals
May 03, 2024  |  Banking

Several banks have reportedly expanded their retail footprint into airport terminals. These bank branches in airports offer convenience, comfort and a range of financial services to existing...

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J.P. Morgan Payments Powers Merchandise Transactions for Formula One Organizer
J.P. Morgan Payments Powers Merchandise Transactions for Formula One Organizer
May 03, 2024  |  Retail

J.P. Morgan Payments is facilitating purchases of merchandise for a Formula One race in Miami, both in-store and online. The firm is doing so in...

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JPMorgan Chase Unveils AI-Powered Tool for Thematic Investing
JPMorgan Chase Unveils AI-Powered Tool for Thematic Investing
May 03, 2024  |  Artificial Intelligence

J.P. Morgan Chase reportedly unveiled an artificial intelligence-powered tool designed to facilitate thematic investing. The tool, called IndexGPT, delivers thematic investment baskets created with the assistance of OpenAI’s GPT-4 model, Bloomberg reported Friday...

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Google Asks Judge to Reject Proposed Changes to App Store
Google Asks Judge to Reject Proposed Changes to App Store
May 03, 2024  |  Legal

Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that...

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Online Marketplaces Deploy AI to Provide Personal Shopper Experience
Online Marketplaces Deploy AI to Provide Personal Shopper Experience
May 03, 2024  |  Retail

Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology...

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Report: Sycamore Partners Interested in Taking Nordstrom Private
Report: Sycamore Partners Interested in Taking Nordstrom Private
May 03, 2024  |  Retail

Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is...

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