June 22, 2023
TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns
Vanessa Pappas, chief operating officer at Chinese-owned video-sharing platform TikTok, is stepping down from her position after nearly five years with the company. The announcement comes at a crucial time...
June 22, 2023
Humanoid AI Robots Step Out of SciFi and Into the...
Are we entering the age of the machine? As sci-fi-styled hardware and futuristic software advance together nearly in step, observers could be forgiven for wondering if we’ll find out in...
June 22, 2023
Overstock.com Wins Auction for Bed Bath and Beyond Digital and...
Bankrupt Bed Bath and Beyond Inc. is expected to sell its intellectual property and some of its digital assets to online retailer Overstock.com Inc. for $21.5 million, according to court...
June 22, 2023
AWS Launches $100M Program to Help Customers Implement Generative AI
Amazon Web Services (AWS) has launched a program to help customers accelerate their implementation of generative artificial intelligence (AI). The new AWS Generative AI Innovation Center will connect the company’s AI and machine...
June 22, 2023
Amazon’s Rumored Interest in Ocado Bodes Poorly for Incumbent Grocers
Reports that Amazon, among other U.S. tech companies, might be interested in British grocery technology company Ocado Group could mean a dramatic shift in the U.S. eGrocery space — and...
June 22, 2023
Amazon’s iRobot Purchase Faces EU Antitrust Probe: Sources
Amazon’s acquisition of iRobot for $1.7 billion is undergoing a full-scale antitrust investigation by the EU, following the company’s recent approval of the deal in the UK. In August of...
June 22, 2023
UK Supermarket Ocado May Be Facing Amazon Takeover
The shares of Ocado Group, a British online grocer, experienced a significant increase after reports from The Times suggested potential interest from multiple American suitors. The report states that major...
June 22, 2023
Rumored Bids for Ocado Underscore Digital Shift in Grocery Segment
Deal making spotlights the inroads digital technologies are poised to make in the grocery space. U.K.-based online grocery firm Ocado has reportedly been attracting interest from several would-be suitors, as reported by...
June 22, 2023
The Trickledown Consumerization of B2B Payments Helps Firms Win Business
There are few B2B billing systems that businesses enjoy using. The amount of paper still being pushed around across the B2B space, even as the ecosystem around it goes increasingly...