June 06, 2023
Millennials With Student Loans to Lose 6.5% of Spending Power...
Federal student loan payments are resuming after a three-year moratorium, putting a dent in millennial and Generation Z consumers’ disposable income. And major retailers are poised to see their top...
June 06, 2023
Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
A U.K. lobbying group wants Great Britain’s next government to improve the country’s technological standing. In a report issued Tuesday (June 6), UK Tech — whose members include Amazon, Apple,...
June 06, 2023
In-Store Retail Purchases Threatened by Oncoming eCommerce Wave
eCommerce activity is poised to rise significantly in the next 12 months. Thirty percent of consumers expect to purchase more retail products online in the next year, and 32% expect...
June 05, 2023
Apple’s $3500 Mixed Reality Headset No Shoo-In to Be a...
Apple’s foray into the mixed-reality world is official. And the reality beyond the announcement? Well, it may be, mixed. Past may be prologue, and the prologue is the HomePod —...
June 05, 2023
Wise Systems Launches Planning and Business Intelligence Tools for Last-Mile...
Wise Systems has added planning and business intelligence tools to its delivery automation technology solutions. One new tool for last-mile delivery operations facilitates territory planning and route building, while the other...
June 05, 2023
Report: Most of Amazon’s $1 Billion Logistics Fund Remains Untouched
After more than a year, Amazon’s $1 billion logistics fund is reportedly 90% unspent. The retail giant unveiled the Amazon Industrial Innovation Fund in April 2022, with the goal of investing in...
June 05, 2023
India’s Open Network for Digital Commerce Expands to B2B Transactions
India’s Open Network for Digital Commerce (ONDC) has begun facilitating B2B transactions. The government-backed eCommerce network started testing the B2B expansion in May after beginning to handle transactions between consumers and...
June 05, 2023
Telecoms And Amazon Dismiss Notion Of Joint Wireless Effort
America’s telecom giants say they have no plans to work with Amazon to offer low-cost wireless to Prime members. A report Friday (June 2) by Bloomberg News said Amazon was in talks...
June 05, 2023
Connected Economy Grows While Digital Divide Around Vital Services Remains
Digital has reshaped the universe, but connection remains an issue. Participation in modern society requires access to vital services, including healthcare and education, which are increasingly being provided through digital...