May 01, 2024
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator...
May 01, 2024
Complaints of Fraud Targeting Older Americans Rose 14% in 2023
Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. The number of complaints of elder fraud increased by 14% during the year, while the associated losses...
May 01, 2024
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record...
Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance comes on the heels of...
May 01, 2024
EBay Targets Gains in Back Half of 2024 Amid ‘Tough’...
EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter, but the tally of 131 million active buyers in the quarter was unchanged. And growth may...
May 01, 2024
Report: Epos Now Considers Sale of Minority Stake, Other Options
Epos Now is reportedly considering a sale of a minority stake in the business and other strategic options. The British payments group is discussing the options with advisers, Reuters reported Wednesday (May...
May 01, 2024
Upwork Believes AI is the Future of Work
Against a challenging macro backdrop, freelance work matters more than ever. And the innovations that support those freelancers have taken on a new prominence. That’s the tack that Upwork executives...
May 01, 2024
Google Lays Off 200 in Core Unit as Reorganization Continues
Google has reportedly reorganized its Core unit, which builds the technical foundation behind the company’s products. The reorganization included the layoffs of at least 200 employees and the shifting of some...
May 01, 2024
Report: Kroger and Disney Exploring Streaming Service Offering
Kroger and Walt Disney Co. are reportedly exploring a partnership that would offer the Disney+ streaming service to subscribers of Kroger’s grocery delivery program. If a deal is struck, Kroger Boost subscribers would get access to Disney+...
May 01, 2024
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in...
Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference between success and insolvency. AR...