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Robotics Took Center Stage in Restaurants in 2023, Despite Consumer Hesitation
Robotics Took Center Stage in Restaurants in 2023, Despite Consumer Hesitation
December 19, 2023  |  ResTech

Throughout 2023, more restaurants turned to kitchen automation to drive back-of-house efficiency, even as consumers have resisted the increasing automation of the industry. In October,...

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Amazon Merchants Give Low Marks to AI-Powered Review Highlights
Amazon Merchants Give Low Marks to AI-Powered Review Highlights
December 19, 2023  |  Artificial Intelligence

Earlier this year, Amazon began using artificial intelligence to feature the highlights of customers’ product reviews. However, some sellers apparently think this AI tool seems...

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Carlyle and Insight Partners Invest in Supply Chain Firm Exiger
Carlyle and Insight Partners Invest in Supply Chain Firm Exiger
December 19, 2023  |  Investments

Funds managed by global investment firm Carlyle and global software investor Insight Partners have entered into a definitive agreement to provide majority investment in Exiger,...

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Apple Hurries to Update Watches Before Ban Begins
Apple Hurries to Update Watches Before Ban Begins
December 19, 2023  |  Apple

Apple is reportedly scrambling to update its smartwatches ahead of a U.S. ban. The tech giant’s engineers are working to change the devices’ algorithms that...

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Why Sally Beauty Is Investing in Free Services for Frugal Customers
Why Sally Beauty Is Investing in Free Services for Frugal Customers
December 19, 2023  |  Retail

Beauty retailer Sally Beauty has introduced Licensed Colorist OnDemand, a digital consultation service allowing individuals to confidently color their hair with recommendations from licensed professionals....

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Ebay to Take on Poshmark, The RealReal for Luxury Resale Spend 
Ebay to Take on Poshmark, The RealReal for Luxury Resale Spend 
December 19, 2023  |  Retail

In a bid to draw consumers to its eCommerce platform, eBay is exploring new retail avenues. The online retailer served as a go-to site for...

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US Consumers Pick National Banks Most for Their Primary Credit Cards
US Consumers Pick National Banks Most for Their Primary Credit Cards
December 19, 2023  |  Credit Cards

In the United States, the average consumer has four credit cards, and the total credit card debt is nearly $1.1 trillion, according to data from...

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TomTom Develops In-Car Voice AI Assistant With Microsoft
TomTom Develops In-Car Voice AI Assistant With Microsoft
December 19, 2023  |  artificial intelligence

Mapping/navigation company TomTom says it has developed an artificial intelligence (AI)-powered, in-car conversational assistant in collaboration with Microsoft. The tool offers enhanced voice interaction with infotainment, location search, and...

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Farfetch Acquired by Korean eCommerce Giant Coupang
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023  |  Retail

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...

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