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UK Cyber Agency: AI Will Lead to More Ransomware Attacks
UK Cyber Agency: AI Will Lead to More Ransomware Attacks
January 24, 2024  |  Cybersecurity

The threat of ransomware could soon grow thanks to the rise of artificial intelligence. That’s according to a new report by the United Kingdom’s National...

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Mastercard and The Clearing House Extend Real-Time Payments Partnership
Mastercard and The Clearing House Extend Real-Time Payments Partnership
January 24, 2024  |  Partnerships

Mastercard is extending its multiyear partnership with real-time payments organization The Clearing House. The two companies collaborated in 2017 to launch the RTP Network, the...

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Etsy Launches AI-Powered Shopping Tool for Selecting Gifts
Etsy Launches AI-Powered Shopping Tool for Selecting Gifts
January 24, 2024  |  Retail

Etsy has launched a hub that uses artificial intelligence (AI) and human curation to help shoppers find gifts for any occasion. The new Gift Mode...

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Retailers Rediscover ‘Just-in-Time’ Inventory After Years of Pileups
Retailers Rediscover ‘Just-in-Time’ Inventory After Years of Pileups
January 24, 2024  |  Retail

Retailers are reportedly embracing “just-in-time” inventory management once more after years of excess stock. As The Wall Street Journal (WSJ) reported Wednesday (Jan. 24), merchants...

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Ebay Cuts 9% of Staff Amid Rising Competition
Ebay Cuts 9% of Staff Amid Rising Competition
January 24, 2024  |  Retail

Online marketplace company eBay says it will lay off 9% of its workforce, citing a difficult macroeconomic environment. Those job cuts will affect about 1,000 full-time employees of the...

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Report: Apple Making ‘Significant’ Push to Bring AI to iPhones
Report: Apple Making ‘Significant’ Push to Bring AI to iPhones
January 24, 2024  |  Apple

Apple is reportedly making a major push to bring artificial intelligence (AI) to the iPhone. The tech giant has quietly made a series of acquisitions,...

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Zalando Doubles Down on Luxury and Exclusivity to Capture High-Earner Potential 
Zalando Doubles Down on Luxury and Exclusivity to Capture High-Earner Potential 
January 23, 2024  |  Retail

Zalando, the European fashion and lifestyle eTailer, is elevating the “designer experience” on its website and app by introducing a luxury boutique-style space dedicated to...

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Brex Cuts 20% of Workforce and Reduces Layers of Management
Brex Cuts 20% of Workforce and Reduces Layers of Management
January 23, 2024  |  Spend Management

Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to...

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FTC Upholds September Ruling Finding Intuit’s ‘Free’ Products Advertising Deceptive
FTC Upholds September Ruling Finding Intuit’s ‘Free’ Products Advertising Deceptive
January 23, 2024  |  Regulation

Intuit, the maker of TurboTax tax filing software, has been found to have engaged in deceptive advertising practices, according to an Opinion and Final Order issued by the Federal Trade Commission (FTC). The...

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