News

Artificial Intelligence
Yellow.ai Partners With AWS to Scale AI-Powered Voicebots and Chatbots
November 21, 2023

Yellow.ai chose Amazon Web Services (AWS) as its preferred cloud provider to run its generative artificial intelligence (AI)-powered voicebot and chatbot solutions. The move will enable Yellow.ai to scale its business globally, the companies said in a Tuesday (Nov. 21) press release. “In the customer...

Delivery
DoorDash Expands Alcoholic Beverage Delivery as Aggregators Push for Booze Spending
November 21, 2023

DoorDash is making beer, wine and spirits delivery available to more locations, as across the industry, leading aggregators compete for consumers’ alcoholic beverage spending. The United States’ leading aggregator announced Thursday (Nov. 16) the expansion of its alcohol delivery business to New Jersey, noting in...

Retail
Walmart Adds Parcel Stations for Faster Home Delivery
November 21, 2023

Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. The retailer plans to have over 40 parcel stations in stores by the end of the year, with many operating in time for the holiday season, Walmart said in a...

Payment Methods
Sheeva.AI and Visa Team to Tokenize In-Car Payments
November 21, 2023

Sheeva.AI and Visa Acceptance Solutions have teamed to launch a tokenization platform for in-vehicle commerce. The collaboration, announced Tuesday (Nov. 21) will see Sheeva.AI — an in-vehicle payments solutions provider — employ Visa’s Cybersource Token Management Service power the first multi-use tokenization platform for in-vehicle payments by using exact vehicle...

IPO
Report: Private Equity Groups Buying Back Firms After Weak IPOs
November 21, 2023

Amid a shaky IPO market, some public companies aren’t staying public that long. As the Financial Times (FT) reported Tuesday (Nov. 21), private equity firms have begun buying back companies that have recently gone public to salvage investments that have performed badly on the stock market following...

Artificial Intelligence
Tech Giants Seek to Hire OpenAI Employees
November 21, 2023

Amid the turmoil at OpenAI, several other tech giants have made attempts to hire away the artificial intelligence (AI) firm’s employees. Microsoft, Salesforce, NVIDIA and Meta’s Fundamental AI Research (FAIR) are among the companies that have reached out to the employees, Cointelegraph reported Tuesday (Nov....

Retail
As Deal Seekers Surface, Best Buy Introduces Curated Shopping and Store Experiences
November 21, 2023

As customers embrace value, Best Buy is emphasizing promotions and in-store experiences, aiming to create compelling reasons for them to make it to the checkout counter. “We are excited about the promotions and deals we have planned for all customers and budgets, including special promotions...

Retail
Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
November 21, 2023

Athletes who shop through multiple channels are driving sales growth at Dick’s Sporting Goods. “Omnichannel athletes make up the majority of our sales, and they spend more and shop with us more frequently than single-channel athletes,” Dick’s Sporting Goods President and CEO Lauren Hobart said...

Retail
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected. In response to the downturn in sales, the retailer is focusing on beauty and gifting categories as a reliable source...