May 03, 2024
This Week in AI: Anthropic Goes to iPhone, AI Programming,...
This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech...
May 03, 2024
DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy sports contest and sports betting...
May 03, 2024
EdTech Earnings Bring Online Learning Platforms’ AI Struggles to Forefront
The online education sector continues to experience exponential growth, driven by technological advancements and the increasing demand for flexible learning options. However, the rapid rise of artificial intelligence is reshaping...
May 03, 2024
Apple Takes Measured Approach to AI Amid Tech Giants’ Race
As tech giants like Google, Microsoft and OpenAI accelerate their artificial intelligence (AI) efforts, Apple is charting a more deliberate course and expressing optimism about the technology’s future. The iPhone...
May 03, 2024
Google Asks Judge to Reject Proposed Changes to App Store
Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that the proposal “would make it...
May 03, 2024
Online Marketplaces Deploy AI to Provide Personal Shopper Experience
Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology to enhance the shopping experience...
May 03, 2024
Report: Sycamore Partners Interested in Taking Nordstrom Private
Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is engaged in negotiations that are...
May 03, 2024
Pinegrove Capital Partners-Affiliated Entity to Buy SVB Capital
SVB Financial Group has entered into a definitive agreement to sell its investment platform business, SVB Capital. The buyer is a newly created entity affiliated with Pinegrove Capital Partners and...
May 03, 2024
Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. This disclosure in a filing with the Securities and Exchange Commission (SEC) follows a similar statement by J.P....