News. What’s Hot

Coinbase Seeks Dismissal of SEC Lawsuit, Claiming Agency Has No Authority
Coinbase Seeks Dismissal of SEC Lawsuit, Claiming Agency Has No Authority
June 29, 2023  |  Legal

Coinbase wants a judge to dismiss the Securities and Exchange Commission’s (SEC) case against it. The cryptocurrency platform filed a motion Wednesday (June 28) in federal court arguing that the...

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Asda and Wayve Team to Test UK Driverless Grocery Delivery
Asda and Wayve Team to Test UK Driverless Grocery Delivery
April 17, 2023  |  Retail

Asda has launched what it calls the U.K’s largest driverless grocery delivery trial. The supermarket chain has teamed with autonomous vehicle technology startup Wayve to deliver groceries to...

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Report: Snap Eyes 20% Cut in 6,500 Staff
Report: Snap Eyes 20% Cut in 6,500 Staff
August 30, 2022  |  Big Tech

Snap will lay off around 20% of its workforce, Bloomberg wrote. This comes out of their almost 6,500 employees, and the job cuts will start...

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Wayfair Clips 5% of Global Workforce After Growth Sputters
Wayfair Clips 5% of Global Workforce After Growth Sputters
August 19, 2022  |  eCommerce

A pandemic surge in growth that unexpectedly sputtered post-COVID prompted online home goods retailer Wayfair to lay off 5% of its global staff, affecting 870...

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Walmart’s Flipkart Planning To Spin Out Mobile Payments Arm PhonePe 
Walmart’s Flipkart Planning To Spin Out Mobile Payments Arm PhonePe 
December 03, 2020  |  Payment Methods

Walmart-owned Indian eCommerce business Flipkart is planning to sell off a percentage of its digital payments division PhonePe in an effort to facilitate funding for expansion. ...

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Economists Warn Recession Recovery Will Be Slow
Economists Warn Recession Recovery Will Be Slow
April 30, 2020  |  Economy

The coronavirus pandemic has triggered the biggest drop in the U.S. economy since the Great Recession, and economists are warning that the worst is yet...

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China’s Smartphone Makers Team On App Platform To Rival Google
China’s Smartphone Makers Team On App Platform To Rival Google
February 07, 2020  |  Merchant Innovation

Several Chinese smartphone developers are working on an alternative to the Google Play Store that could challenge its dominance in the field of app-downloading services....

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Study: US Housing Market Slows Down As Homeowners Stay Put Longer
Study: US Housing Market Slows Down As Homeowners Stay Put Longer
November 04, 2019  |  Real Estate

U.S. homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. New...

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Amazon Explores Seattle Grocery Location
Amazon Explores Seattle Grocery Location
November 01, 2019  |  Retail

At a prime retail location in the Capitol Hill neighborhood of Seattle, the Amazon Go team is running “internal tests.” The space is unusually big...

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