Uber is sating its hunger for growth by shaking up the grocery selection, payment and delivery model along the lines of what Instacart currently offers, but with some added features that emphasize payment simplicity and convenience. At the company’s Go-Get event in New York City...
Amid reports of struggling sales among other retailers, T.J. Maxx has benefited from the growing interest and support of Gen Z and millennial shoppers. “We continue to attract an outside number of younger customers to our stores, including many Gen Z and millennial shoppers, which...
Lenders are reportedly examining their social media strategies following recent banking failures. Banks around the country have begun coming up with plans to counter online threats — including internet rumors about the health of their institutions — Reuters reported Thursday (May 18), citing interviews with...
In today’s challenging macroclimate, many companies are losing resources. Fortunately, new digital tools and modern lending and financing solutions can help those firms to close gaps and firm up their operations. But what lies behind the impact of today’s modern tools, and what empowers the...
PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and has hired Goldman Sachs for assistance, The Information reported, citing unnamed sources. An attempted sale could be a sign that Elliott Management, which purchased...
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017 — Bloomberg News reported Wednesday (May 17), citing PitchBook data, which also shows that VCs...
Uber will begin letting teenagers book rides — highly supervised rides — on its platform. The company announced Wednesday (May 17) the launch of its “teen accounts” service for riders ages 13 to 17. In a post on the company blog, Uber CEO Dara Khosrowshahi discussed the...
Customer communication platform Weave has added online bill pay to its product suite. The feature lets small businesses create, send and embed a link for customers to pay their bills online at their convenience, Weave said in a Wednesday (May 17) news release, singling out healthcare providers. “As digital...
eBay is ramping up its luxury efforts with the purchase of authentication firm Certilogo. The deal gives eBay access to the Certilogo technology platform, which lets brands and designers manage the lifecycle of clothing and lets consumers verify the authenticity of their garments, according to a Wednesday (May 17)...
