Search results for "Amazon"

May 12, 2024
Amazon Plans to Invest $1.29 Billion in French Tech Projects

Amazon is reportedly set to invest nearly $1.3 billion on tech projects in France. The eCommerce giant is one of several global companies poised to announce new foreign investments in...


May 12, 2024
Microsoft Ordered to Pay $242 Million in Patent Infringement Case

In a landmark verdict, a federal jury in Delaware ruled on Friday that tech giant Microsoft (MSFT.O) must compensate patent owner IPA Technologies a staggering $242 million. The ruling follows...


May 12, 2024
US DOJ Intensifies Scrutiny on AI Competition Amid Big Tech...

The US Justice Department (DOJ) has announced a ramping up of its focus on competition within the AI sector. Top officials disclosed this initiative, highlighting a workshop scheduled to take...


May 10, 2024
New York City Dreams of Being Silicon Valley

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. The metropolis, long known for its towering skyscrapers and fast-paced...


May 10, 2024
Sally Beauty: High-Income Consumers Splurge, but Low-Income Shoppers Still Cautious

As middle- and high-income consumers return to treating themselves to nice-to-haves, such as new personal care products and services, Sally Beauty is seeing low-income shoppers continuing to cut back amid ongoing economic...


May 10, 2024
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency

As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this year that resulted in the...


May 10, 2024
OpenAI’s New Product to Challenge Google’s Search Dominance

OpenAI, the artificial intelligence company backed by Microsoft, is reportedly planning to announce its own search product to compete with Google, according to sources familiar with the matter. The announcement...


May 10, 2024
Walmart Teams With Disney in Race Against Amazon for Streamers’...

As retail behemoths Amazon and Walmart compete for consumers’ spending, both are turning to video streaming ads to open up new sales opportunities and drive conversion. On Wednesday (May 8),...


May 09, 2024
Report: Oracle Health Facing Challenges Modernizing Outdated Systems

Oracle has reportedly encountered obstacles in its ambitious plans for electronic medical records company Cerner, which it acquired for $28 billion in December 2021. The company has lost several major clients since the...


Walmart Vs. Amazon Whole Paycheck: Battle For The Digital-First Consumer
Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share of Total Spend  Spoiler alert: This edition of the Whole Paycheck Tracker report, the exclusive PYMNTS data dive on the claim Amazon and Walmart make on their share of the U.S. consumer’s whole paycheck, does not contain the customary exponential increases associated with these two retailers.
The Battle for Consumer Retail Spend: Amazon Versus Walmart Q2 2022: The Discretionary Spend Play
Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged  In the clash of the retail titans, Walmart leads in grocery and personal care spend, but Amazon dominates in clothing, furniture, appliances and hobbies, the Q2 2022 edition of "The Battle For Consumer Retail Spend: Amazon Versus Walmart" found, while also exploring ways consumers stand to gain from the rivalry.