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Nuuly Turns First Profit Via Diverse Assortment and Logistical Advantages
Nuuly Turns First Profit Via Diverse Assortment and Logistical Advantages
November 21, 2023  |  Subscription Commerce

Urban Outfitters’ clothing rental service, Nuuly, has turned its first profit. The achievement of this milestone comes as a result of a growing subscriber base...

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Apple iPhone Sales Trailing Historical Trends Amid Lower Upgrade Rates
Apple iPhone Sales Trailing Historical Trends Amid Lower Upgrade Rates
November 21, 2023  |  Apple

Apple’s sales of iPhones are reportedly running lower than historical trends, while store inventories are up. Among the devices, there has been healthy demand for...

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Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
Retailers Expect Interest Rates and Inflation to Slow Holiday Spending
November 21, 2023  |  Retail

Retailers are reportedly bracing for a tough holiday season, with economic demand slowing and outlooks mixed. Despite offering higher discounts and competitive promotions, retailers are...

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IRS Delays Implementation of Lower Threshold for 1099-K Reporting
IRS Delays Implementation of Lower Threshold for 1099-K Reporting
November 21, 2023  |  Taxes

The Internal Revenue Service (IRS) has delayed the implementation of the new $600 Form 1099-K reporting threshold for third party settlement organizations (TPSOs), which include payment apps and online marketplaces, for...

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Streaming Services Promote Black Friday Deals After Adding New Tiers
Streaming Services Promote Black Friday Deals After Adding New Tiers
November 21, 2023  |  Streaming

Hulu has announced a Black Friday promotion that offers the streaming service’s Hulu (With Ads) plan at 99 cents a month for 12 months. The offer is available...

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Yellow.ai Partners With AWS to Scale AI-Powered Voicebots and Chatbots
Yellow.ai Partners With AWS to Scale AI-Powered Voicebots and Chatbots
November 21, 2023  |  Artificial Intelligence

Yellow.ai chose Amazon Web Services (AWS) as its preferred cloud provider to run its generative artificial intelligence (AI)-powered voicebot and chatbot solutions. The move will...

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Report: OpenAI Board in Talks With Sam Altman for Possible Return
Report: OpenAI Board in Talks With Sam Altman for Possible Return
November 21, 2023  |  artificial intelligence

Talks are reportedly underway to negotiate a return of recently ousted CEO Sam Altman to OpenAI. Altman, OpenAI interim CEO Emmett Shear and at least one member of...

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Walmart Adds Parcel Stations for Faster Home Delivery
Walmart Adds Parcel Stations for Faster Home Delivery
November 21, 2023  |  Retail

Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. The retailer plans to have over 40 parcel stations in...

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Sheeva.AI and Visa Team to Tokenize In-Car Payments
Sheeva.AI and Visa Team to Tokenize In-Car Payments
November 21, 2023  |  Payment Methods

Sheeva.AI and Visa Acceptance Solutions have teamed to launch a tokenization platform for in-vehicle commerce. The collaboration, announced Tuesday (Nov. 21) will see Sheeva.AI — an in-vehicle payments...

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