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BILL Plans 30% Workforce Cut as AI Becomes Top Priority

BILL Plans 30% Workforce Cut as AI Becomes Top Priority
BILL Plans 30% Workforce Cut as AI Becomes Top Priority
May 07, 2026  |  Earnings

BILL plans to reduce its workforce by 30% by the end of the quarter as it sharpens its focus on artificial intelligence, BILL CEO and...

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Mercado Libre Sacrifices Short-Term Profits to Fuel Growth
Mercado Libre Sacrifices Short-Term Profits to Fuel Growth
May 07, 2026  |  Earnings

Mercado Libre’s investments in free shipping, a Mercado Pago credit card, first-party selection and cross-border trade drove a 49% year-over-year increase in net revenue and...

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FTC Sounds Alarm as Imposter Scams Steal $3.5 Billion
FTC Sounds Alarm as Imposter Scams Steal $3.5 Billion
May 07, 2026  |  Fraud Prevention

The Federal Trade Commission (FTC) is warning consumers to beware of text messages that demand money for unpaid tolls as well as new online friends or love...

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Google Transforms Fitbit Into Health and Wellness Ecosystem
Google Transforms Fitbit Into Health and Wellness Ecosystem
May 07, 2026  |  Wearables

Google is revamping its health and wellness product and platform lineup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Relaunched Dick’s Sporting Goods Credit Card Offers 10% Back
Relaunched Dick’s Sporting Goods Credit Card Offers 10% Back
May 07, 2026  |  Credit Cards

Dick’s Sporting Goods has relaunched its credit card program and now offers its cardholders 10% back in rewards on qualifying purchases at its brands. Get...

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Ramp Eyes $40 Billion Valuation in New Funding Round
Ramp Eyes $40 Billion Valuation in New Funding Round
May 07, 2026  |  Back-office

Financial operations platform Ramp is looking to raise $750 million at a valuation of more than $40 billion, The Wall Street Journal (WSJ) reported Thursday...

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Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe
Amazon Bedrock Launches AI Agent Payment Capabilities With Coinbase, Stripe
May 07, 2026  |  Amazon Payments

Amazon Web Services (AWS) announced in a Thursday (May 7) company blog post a set of tools designed to allow artificial intelligence agents to conduct...

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US and Allies Guarantee Tax-Free Streaming and Software Downloads
US and Allies Guarantee Tax-Free Streaming and Software Downloads
May 07, 2026  |  International

Nineteen countries, including the United States, have announced an agreement to not impose duties on cross-border electronic transmissions such as streaming music or films and...

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Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
May 07, 2026  |  Investments

San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A funding to automate accounts receivable (AR) and other financial tasks, bringing...

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