Artificial Intelligence
Google DeepMind CEO Demis Hassabis ‘Calm and Confident’ About AI Strategy
February 14, 2025

Google DeepMind CEO Demis Hassabis reportedly told employees Wednesday (Feb. 12) that he is not worried about DeepSeek. 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...

eCommerce
eCommerce Sales Take Big Hit for January; Is Uncertainty to Blame?
February 14, 2025

January’s retail sales data showed a broad slump, worse than economists had expected. 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 daily newsletter, PYMNTS Today....

CFPB
CFPB Expands Layoffs to Include Dozens of ‘Term Employees’
February 14, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly sent termination notices to more employees on Thursday (Feb. 13). 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 daily...

Earnings
Are Cryptocurrency Payments in the Cards for DraftKings?
February 14, 2025

At the end of DraftKings’ fourth-quarter earnings call Friday (Feb. 14), Co-founder and CEO Jason Robins was asked whether the company would ever accept cryptocurrency payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Social Commerce
TikTok Returns to Apple and Google App Stores
February 14, 2025

TikTok has returned to the Apple and Google app stores after being removed amid the threat of a U.S. ban. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Shein and Temu Aim to Move Production to Avoid US Tariffs
February 14, 2025

Amid uncertainty around U.S. tariffs, Shein and Temu are reportedly working with their suppliers to move production out of China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Wyoming Nears First Stablecoin Launch by ‘Public Entity for the Public Benefit’
February 14, 2025

The regulations governing stablecoins — their issuance, the reserves backing them, even the use cases — remain in a state of flux. There’s no framework in place yet at the federal level, though legislation introduced earlier this month seeks to make some headway nationally.  Get...

Retail
Walmart Lags eCommerce While Amazon Laps Mobile Shopping
February 14, 2025

As the battle for eCommerce dominance intensifies, Walmart is making strides in expanding its online presence. The retail giant has elevated its digital sales and profits, cementing eCommerce as a core element of its strategy. But despite these gains, Walmart still faces a daunting challenge:...

Fintech Investments
Upstart and Affirm Rally, BILL Plummets on Earnings as FinTech IPO Index Adds 2.4%
February 14, 2025

The past five days of stock market trading have been whipsawed by the latest inflation report, speculation over whether or not the Fed will stand pat on interest rates, and of course, the continuing inflow of earnings reports, though the pace of those quarterly disclosures...