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Fed Finds Consumers Optimistic About Credit but Not Inflation
Fed Finds Consumers Optimistic About Credit but Not Inflation
February 12, 2024  |  Economy

U.S. consumers are feeling more optimistic about their financial conditions and access to credit. That’s according to the January 2024 Survey of Consumer Expectations, released Monday...

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Rideshare, Delivery Drivers to Strike on Valentine’s Day
Rideshare, Delivery Drivers to Strike on Valentine’s Day
February 12, 2024  |  Gig Economy

An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine’s Day (Wednesday, Feb. 14). Justice for App Workers is calling on drivers...

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Bank of America Reports Digital Banking Alerts, Logins Rise 11%
Bank of America Reports Digital Banking Alerts, Logins Rise 11%
February 12, 2024  |  Digital-First Banking

Bank of America clients had a record 23.4 billion digital interactions with the bank in 2023. Those interactions include logging into their accounts 12.8 billion times...

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Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
Metaco CEO and Product Head Leave Ripple-Owned Crypto Firm
February 12, 2024  |  Personnel

Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody...

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Mia Share Raises $6.5 Million to Facilitate Digital Tuition Payments
Mia Share Raises $6.5 Million to Facilitate Digital Tuition Payments
February 12, 2024  |  Investments

Mia Share has raised $6.5 million in a seed round to grow its platform that streamlines digital payment options for trade and technical schools. The firm...

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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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