May 02, 2024
Amazon Launches Grants, Education Hub for Small Business Owners

Amazon’s B2B procurement store is rolling out new resources designed to help smaller entrepreneurs. It’s all part of Amazon Business’ third annual Small Business Month, the retail giant announced Wednesday (May 1) as...

May 02, 2024
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 

Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce — and reducing its retail...

May 02, 2024
Analysis: Microsoft’s $2.2 Billion AI Bet May Boost Malaysia’s Tech...

Microsoft will inject $2.2 billion into Malaysia’s burgeoning cloud and artificial intelligence (AI) infrastructure over the next four years, CEO Satya Nadella announced on Thursday (May 2). The tech giant’s...

May 02, 2024
Uber Sued for $312 Million by London Cab Drivers

Uber is reportedly facing a $312 million lawsuit from drivers of London’s black cabs. That suit, according to a Bloomberg news report Thursday (May 2), was filed by more than 10,800 cabbies...

May 02, 2024
55% of High-Earning Consumers and 79% of Gen Z Use...

Whether shopping online or in person, an increasing number of consumers are embracing digital wallets. But the appeal of digital wallets — which include Apple Pay, Google Wallet, PayPal and others — doesn’t end with...

May 02, 2024
Checkout.com and Mastercard Offer Virtual Cards for Travel Agents

Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card technology and an innovative pricing model,...

May 02, 2024
Competing With Giants: How Small Businesses Can Optimize Their eCommerce...

This National Small Business Week, merchants are increasingly moving beyond Main Street — and into eCommerce. And with the news that the post-pandemic growth for most Main Street small and...

May 02, 2024
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring

Peloton Interactive has begun a search for a new CEO and announced that Barry McCarthy has stepped down as CEO, president and board director. Chairperson Karen Boone and Director Chris Bruzzo will serve as interim co-CEOs, while Director Jay...

May 02, 2024
Landmark Monopoly Trial Between DOJ and Google Wraps Up

After months of deliberation and courtroom battles, the landmark monopoly trial between the U.S. Justice Department and Google is now approaching a crucial juncture. Following a hiatus spanning five months,...