August 23, 2023
Seasonal Trends and a Recall Prompt Drop in Peloton Subscriptions
The state of recalls. That’s what it feels like with Peloton, as on Wednesday (Aug. 23) the company reported a loss that exceeded expectations and a reduction in new quarterly...
August 23, 2023
FBI Ties $40 Million in Stolen Crypto to North Korea
The FBI says a hacker group with ties to North Korea may try to sell $40 million in stolen bitcoin. “Over the last 24 hours, the FBI tracked cryptocurrency stolen by the...
August 23, 2023
Expensify Offers Revenue Sharing Plan for Accountants
Expense management app Expensify has debuted a revenue-sharing program for its accounting partners. Starting next month, members of the company’s ExpensifyApproved! Accountants partnership program will get a 0.5% revenue share on every...
August 23, 2023
Twilio Unveils AI Tools for Customer Engagement Platform
Twilio has introduced new artificial intelligence (AI) tools for its customer engagement platform. The new CustomerAI lineup includes both predictive and generative AI tools that aim to revolutionize customer understanding and drive personalized...
August 23, 2023
Carvana Adds Indiana to Its Same-Day Delivery Roster
Online used-car platform Carvana says it has added same-day delivery to a second state. First rolled out in Arizona, the service is now also available for customers in Indiana, the company announced Wednesday (Aug....
August 23, 2023
Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
As merchants look for ways to improve the margins of online grocery, Giant Food is backpedaling, reportedly closing three delivery fulfillment centers to find a better model. Grocery store chain Giant...
August 23, 2023
Lightyear Begins Rollout of Business Investment Accounts in UK
Lightyear has unveiled small business investment accounts designed specifically for freelancers and sole directors in the United Kingdom. The investment platform aims to cater to the underserved market of small businesses,...
August 23, 2023
EU’s Breton Calls on Tech Giants to Restore Trust By...
This Friday marks the date that EU online content rules come into effect for tech giants such as Alphabet’s Google, Meta Platforms, Microsoft, Twitter, TikTok, and beyond – as EU...
August 23, 2023
WeWork Faces Warrants Delisting After Hitting ‘Abnormally Low’ Price Levels
WeWork says it expects its warrants to be delisted from the New York Stock Exchange (NYSE). The troubled co-working company announced Tuesday (Aug. 22) that the trading on the company’s warrants...