A seven-year-old cloud security company that utilizes artificial intelligence (AI) to find network intrusions has raised $100 million in a Series E funding round led by TCV, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amid brick-and-mortar retail struggles and stock price volatility, a go-private offer has emerged for Hudson’s Bay Co., which owns Saks Fifth Avenue and Lord & Taylor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. Get the Full Story Complete the form to unlock this article and enjoy...
Following the rollout of Walmart’s Jetblack personal shopping service last year, two-thirds of customers reportedly engage with the service weekly. They are also said to spend an average of $1,500 monthly on purchases through Jetblack, according to reports. Get the Full Story Complete the form...
On average, each human being consumes 75 pounds of meat per year. But, like most averages, that number can be somewhat deceiving. Americans and Australians, the world’s biggest meat consumers, eat closer to 220 pounds of meat per year, or about 50 chickens or an...
Cathryn Kachura is a a “flow control specialist” at Amazon’s Denver, Colorado sortation center, an extra-large warehouse that is informally known as the “robot highway.” Flow control specialists are the traffic agents on the highway, and their job is to keep real-time track of the...
The sharing economy has transformed the way consumers get transported from point A to B, how they rent vacation homes, how they get food delivered and, increasingly, how they shop. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With small moves that have a big impact, Walmart can save significant money given its large size. The retailer, in one case, could save a minimum of $30 million during the year by swapping out the stepping stools in its distribution centers with a version...
