May 06, 2024
Banco Sabadell Rejects Rival BBVA Merger Proposal
The board of Banco Sabadell (SABE.MC) has taken a firm stance against a proposed merger with BBVA (BBVA.MC), citing undervaluation and market volatility. In a statement released on Monday to...
May 06, 2024
AI Explained: Large Language Models May Transform Industries
Large language models, or LLMs, have emerged as pivotal forces in artificial intelligence. These models, constructed on extensive datasets of human-generated text, empower machines to comprehend, produce and interact with human...
May 06, 2024
Vodafone is Bringing Crypto Payments to SIM Card-Based Mobile Wallets
Phone, keys, wallet. That’s the daily routine that tens of millions if not billions — of people undergo each morning when checking their pockets or purses before they leave their...
May 06, 2024
Target Expanding Private-Label Offerings to Other Stores
Shoppers might soon spot Target’s private-label brands at stores other than Target. Christina Hennington, the company’s chief growth officer, tells Bloomberg News that it is expanding sales of its in-house Cat & Jack children’s...
May 06, 2024
Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its steepest drop in U.S. customer...
May 06, 2024
Visa: Bots Drive 90% of Stablecoin Transactions
Bots account for a vast majority of stablecoin transactions, recent Visa research shows. Fewer than 10% of these transactions come from genuine users, according to a new metric from Visa and Allium Labs, showing that...
May 06, 2024
JPMorgan Offers Faster Domestic Payments Via Visa Direct
J.P. Morgan and Visa have teamed to offer faster domestic payments via Visa Direct. The collaboration, announced Monday (May 6) is designed to improve merchant experiences and empower cardholders for customers of J.P. Morgan Payments....
May 05, 2024
Apple AI Could Produce ‘Really Really Good’ Version of Siri
What if Apple’s voice assistant Siri “was really, really, really good?” That question is at the heart of much of the tech giant’s artificial intelligence (AI) research, according to a report...
May 05, 2024
Are Consumers ‘Done With Fast Food’ as Prices Climb?
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5)....