Consumer choice is at the heart of open banking, and, according to the Consumer Financial Protection Bureau (CFPB), open ecosystems and interoperability are among the key enablers of consumer choice. Near-field chip technology is becoming a flashpoint in the jousting between Big Tech, regulators and...
Nvidia’s gain has reportedly been other chip startups’ loss. The firm has become the go-to company for computer chips used in artificial intelligence (AI) processes, which has shut off the funding tap for the company’s potential competitors, Reuters reported Monday (Sept. 11). Deals in the...
As consumers increasingly prioritize mindful consumption across various facets of their lives, rentals have emerged as a popular means of accessing new styles without the burden of commitment and excessive consumption of items that might only be used once or twice. This mindset has proven...
India is preparing to add a voice-enabled feature to its Universal Payments Interface (UPI) system. But are the country’s bankers speaking the same language? A report Monday (Sept. 11) by Bloomberg News paints them as cautiously optimistic about the technology. Last month, the Reserve Bank of India released a...
In the past few years, grocery stores have significantly transformed, expanding beyond their traditional role as food suppliers. They have evolved into comprehensive shopping destinations, offering many products, including beauty and health items. This transformation has ushered in an era of unparalleled convenience for consumers,...
Instacart is reportedly aiming for an initial public offering target far below its past valuation. The grocery delivery company’s initial public offering (IPO) could come by next week, with the firm targeting a valuation between $8.6 billion to $9.3 billion, the Wall Street Journal reported Sunday (Sept. 10),...
China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. A report Sunday (Sept. 10) by Reuters notes that the departure of Daniel Zhang is a surprise, as he had left his role as the company’s chairman and CEO...
Walmart is reportedly considering purchasing a majority share of primary care chain ChenMed. The proposed deal, reported Friday (Sept. 8) by Bloomberg News, would mark Walmart’s largest healthcare foray so far, happening at a time when a number of retailers are expanding their presence in the health space. According...
When was the last time you saw the Yellow Pages? Probably in 2019, since that was the last time it was published. Well, that thick, yellow book, which was created as a business telephone directory and once served as an invaluable tool for consumers seeking...
