Meta
Meta Plans $65 Billion Infrastructure Investment During ‘Defining Year’ for AI
January 24, 2025

Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence (AI) teams “significantly” this year, CEO Mark Zuckerberg said in a Friday (Jan. 24) post on Facebook. Get the Full Story Complete the form to unlock this article and enjoy...

Consumer Insights
Consumer Sentiment Dips 4% Amid Concerns About Unemployment and Inflation
January 24, 2025

Consumer sentiment edged down 4% in January, marking the first decline in six months, according to the final results for the University of Michigan’s January Surveys of Consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Nearly 60% of Americans Shun Automatic Bill Payments, Study Reveals
January 24, 2025

When it comes to payments, the “set it and forget it” option certainly has its allure. 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...

Personnel
Report: Apple Moves Project Manager Kim Vorrath to AI Division
January 24, 2025

Apple reportedly moved Kim Vorrath, a vice president in charge of program management who is known for fixing troubled projects, to the company’s artificial intelligence and machine learning division to work on AI and Siri. Get the Full Story Complete the form to unlock this...

Retail
Retail Pharmacies Rethink Product Lockdowns as Digital Solutions Aim to Fix Security
January 24, 2025

As retail pharmacies like Walgreens move toward ending product lockdowns, the decision reflects a change in consumer behavior and a response to rising security concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
Trump’s Executive Order Aligns Stablecoins With Maintenance of Dollar Supremacy
January 24, 2025

President Donald Trump’s executive order on digital assets issued Thursday (Jan. 23) will reportedly boost stablecoins and issuers like Tether Holdings and Circle Internet Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Acquisitions
Cars Commerce Acquires DealerClub to Expand Into Automotive Wholesale Market
January 24, 2025

Cars.com parent company Cars Commerce has acquired DealerClub, a digital wholesale auction platform that facilitates transactions between automotive dealers. 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...

Partnerships
Affirm: New Capital Partnership Will Boost Access to Flexible Payment Options
January 24, 2025

Payment network Affirm Holdings said in a Friday (Jan. 24) press release that its newly expanded capital partnership with Liberty Mutual Investments (LMI) will increase consumers’ access to Affirm’s flexible payment options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
Making Sense of Trump’s CBDC Ban and Crypto Stockpile Order
January 24, 2025

Nearly a week into his presidency, and Donald Trump has yet to mention bitcoin. 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...