The jobs report has come in, and the Federal Reserve looks set to boost interest rates again. For chief financial officers and finance executives, time is of the essence in examining and improving the two sides of what might be termed the cash flow “coin.”...
It is almost generative artificial intelligence’s first birthday. Next month, it will have been a full calendar year since OpenAI first launched its ChatGPT product and spurred the creation of an entirely new and rapidly evolving industry — the AI sector. The technology has come...
As major retailers struggle to strike the balance between winning grocery delivery customers from competitors and boosting margins per order, Amazon continues to adjust its free delivery minimum for its Prime subscribers. The eCommerce giant announced Thursday (Oct. 5) that it has lowered the threshold...
As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding this technology. On Friday (Oct. 6), a bipartisan group of 65 British lawmakers called for an immediate ban on live...
Reported losses from scams originating on social media have reached $2.7 billion since 2021. That total has surpassed the losses associated with any other contact method, the Federal Trade Commission (FTC) said in a Friday (Oct. 6) press release. Social media enables scammers to manufacture a fake persona or hack...
Amid ongoing financial challenges, Conagra Brands is seeing consumers’ desire to save on food spending finally outweigh their demand for convenience, with a shift towards cooking from scratch. The food giant, parent company of Slim Jim, Reddi Wip, Swiss Miss and many other popular brands,...
OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive AI chips it heavily relies on. The company has been considering multiple options, including building its own chips, collaborating more...
Major players in the parcel delivery industry are reportedly facing a weak holiday shipping season as demand for goods slows down. In response, both UPS and FedEx are offering discounts and cost relief to their customers, The Wall Street Journal (WSJ) reported Friday (Oct. 6). This shift in pricing...
Beyond just integrating alcohol purchasing into grocers and liquor stores’ digital platforms, beer wine and spirits eCommerce provider DRINKS is bringing its technology to merchants entirely outside the beverage category. This week, the company announced the sale of its direct-to-consumer (D2C) business to focus on...