April 08, 2024
Amazon’s ‘Just Walk Out’ Pivot: Reimagining Tech
Amazon is scaling back its artificial intelligence (AI) system that lets customers leave stores without having to provide payment, and experts say there are lessons to be drawn from this decision....
April 08, 2024
Consumers Want to Buy Retail Products via a Super App
The majority of consumers in the United States and Australia want the option to buy retail products online from a single, unified platform that spans a range of their day-to-day...
April 08, 2024
Alibaba Offers Deep Cloud Discounts Amid AI Boom
Chinese conglomerate Alibaba is reportedly offering steep price cuts to its cloud customers. These markdowns — as high as 59% and aimed at customers from the U.S. to Singapore — come amid a leap...
April 08, 2024
Data Privacy Laws Threaten Small Businesses’ Digital Advertising Efforts
The Maryland Online Data Privacy Act of 2024, a proposed bill set to impact data collection and online privacy, successfully passed both the Senate and House of Delegates and now awaits...
April 07, 2024
Report: Musk-Liked Investors Plan $3 Billion Funding Round for xAI
Investors tied to Elon Musk are reportedly planning a $3 billion funding round for xAI. This round would value the artificial intelligence (AI) firm at $18 billion, The Wall Street Journal (WSJ)...
April 05, 2024
Recent Big Tech Moves Highlight Role of B2B Pricing Strategies
How a company spends money — well, that tends to define its strategy. As for how a firm makes money, that all boils down to and supports its business model....
April 05, 2024
Amazon and Walmart Rethink Self-Checkout to Manage Costs
As retailers look to find the right combination of technology and human labor to boost their profit margins, Amazon and Walmart have both made changes to how they approach self-checkout in stores. Amazon is...
April 04, 2024
AWS and AXA to Develop Global B2B Risk Management Platform
Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services. AXA, an insurance and asset management firm, will leverage AWS...
April 04, 2024
Cash-Strapped Consumers Splurge on Streaming Services
When consumers facing financial pressures carve out room in their budgets to treat themselves, PYMNTS Intelligence research reveals, it is often to enjoy their favorite movies and series. By the...
