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Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024  |  Retail

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its...

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AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024  |  Artificial Intelligence

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas...

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ContextLogic to Sell Wish eCommerce Platform to Qoo10
ContextLogic to Sell Wish eCommerce Platform to Qoo10
February 12, 2024  |  Acquisitions

ContextLogic has announced an agreement to sell a significant portion of its operating assets and liabilities, including its eCommerce platform Wish, to Qoo10, an eCommerce...

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Revolut Adds UK Phone Plans to Bolster Super App Mission
Revolut Adds UK Phone Plans to Bolster Super App Mission
February 12, 2024  |  Mobile Applications

Revolut is reportedly introducing phone plans in its bid to become a “super app.” The plans, open to customers in the FinTech’s home country of...

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Nvidia CEO: AI Revolution Won’t Cost $7 Trillion
Nvidia CEO: AI Revolution Won’t Cost $7 Trillion
February 12, 2024  |  artificial intelligence

Will Sam Altman’s plans for global artificial intelligence (AI) expansion really cost $7 trillion? Jensen Huang, CEO of Nvidia has his doubts. Speaking at the World Government...

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AI Could Permanently Ax Some White-Collar Management Jobs
AI Could Permanently Ax Some White-Collar Management Jobs
February 12, 2024  |  Artificial Intelligence

So far, the number of jobs eliminated by generative artificial intelligence is low. However, executives and management consultants are showing signs that the technology could...

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NZ Central Bank Head: ‘Stablecoins Are Not Stable’
NZ Central Bank Head: ‘Stablecoins Are Not Stable’
February 12, 2024  |  Cryptocurrency

The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital...

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Visa Integrates Virtual Corporate Cards With Digital Wallets
Visa Integrates Virtual Corporate Cards With Digital Wallets
February 12, 2024  |  B2B Payments

Visa’s suite of B2B payment solutions now enables financial institutions to add virtual corporate cards to the digital wallets of their clients’ employees.  This new...

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Digital Changed How Consumers Bank — Data Will Evolve Them
Digital Changed How Consumers Bank — Data Will Evolve Them
February 12, 2024  |  Digital-First Banking

The rise of seamless, digital experiences has democratized convenience while transforming countless sectors. More than two decades into the 21st century, the banking landscape is...

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