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Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
September 26, 2023  |  Stock Index

Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion.  If successful, this move would...

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Mangopay and VTEX Team to Boost Global Marketplaces
Mangopay and VTEX Team to Boost Global Marketplaces
September 26, 2023  |  Digital Payments

Payment infrastructure provider Mangopay has launched a partnership with digital commerce platform VTEX. The collaboration is designed to give marketplace operators a single pay-in and pay-out solution and...

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Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
September 26, 2023  |  B2B Payments

Wells Fargo and Centerbridge Partners have announced a partnership to provide direct lending solutions to non-sponsor North American middle-market companies. This partnership will be facilitated through the...

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Report: Microsoft Working to Build Cheaper AI Software
Report: Microsoft Working to Build Cheaper AI Software
September 26, 2023  |  artificial intelligence

Microsoft is reportedly working on developing artificial intelligence (AI) at a lower cost while maintaining the same quality as the models of OpenAI, a company with which...

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American Express Adds External Accounts Integration to Digital Cash Flow Management Hub
American Express Adds External Accounts Integration to Digital Cash Flow Management Hub
September 26, 2023  |  Spend Management

American Express has added external accounts integration to its digital cash flow management hub, American Express Business Blueprint. This is one of several new updates and enhancements...

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OpenAI Explores Share Sale at $90 Billion Valuation
OpenAI Explores Share Sale at $90 Billion Valuation
September 26, 2023  |  artificial intelligence

OpenAI is reportedly exploring a share sale that could value it at $90 billion. The ChatGPT-maker is in discussions with investors about the sale, The Wall...

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Walmart Debuts Virtual Experience on Roblox to Spotlight Community Creators
Walmart Debuts Virtual Experience on Roblox to Spotlight Community Creators
September 26, 2023  |  Metaverse

Walmart launched a new virtual experience on the online gaming platform Roblox. Walmart Discovered lets users ages 13 and older discover virtual items and creators,...

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SAP to Add Generative AI-Powered Assistant Across Business Applications
SAP to Add Generative AI-Powered Assistant Across Business Applications
September 26, 2023  |  artificial intelligence

SAP has unveiled Joule, a generative artificial intelligence (AI) assistant for business operations. Joule will be integrated into SAP’s cloud enterprise portfolio, providing insights from various sources...

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NRF Says Retailers Lose $112 Billion Amid ‘Unprecedented Levels of Theft’
NRF Says Retailers Lose $112 Billion Amid ‘Unprecedented Levels of Theft’
September 26, 2023  |  Retail

Retail crime has become a growing concern for retailers in the United States, with incidents on the rise and significant financial losses being incurred. Shrink...

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