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D2C Rug Seller Ernesta Expands eCommerce Offering
D2C Rug Seller Ernesta Expands eCommerce Offering
May 22, 2023  |  Retail

Direct-to-consumer (D2C) custom rug company Ernesta has opened its eCommerce site to more customers. The company’s beta program, announced last week, follows an earlier invite-only...

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JPMorgan Names PayPal’s John Frerichs Head of SMB Payments
JPMorgan Names PayPal’s John Frerichs Head of SMB Payments
May 22, 2023  |  Personnel

J.P. Morgan has named PayPal veteran John Frerichs to oversee its SMB payments operations. The appointment, announced Monday (May 22) in a news release provided...

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Meta Hit With Landmark $1.3 Billion EU Privacy Fine
Meta Hit With Landmark $1.3 Billion EU Privacy Fine
May 22, 2023  |  Meta

Meta Platforms has been fined a record $1.3 billion for violating Europe’s data privacy law. The fine, announced Monday (May 22) by the Irish Data...

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Meta Looks to Launch AR Partnership With Magic Leap
Meta Looks to Launch AR Partnership With Magic Leap
May 21, 2023  |  Meta

Meta is reportedly pursuing a partnership with augmented reality (AR) firm Magic Leap. According to a Saturday (May 20) report by the Financial Times citing unnamed sources, the...

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G7 Countries Seek ‘Common Vision’ for AI
G7 Countries Seek ‘Common Vision’ for AI
May 21, 2023  |  artificial intelligence

The leaders of the G7 nations want to hold talks on reaching “common vision and goal of trustworthy AI.” That’s according to a bulletin issued...

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Google Challenger Neeva Focuses on AI With ‘No Path’ for Consumer Search
Google Challenger Neeva Focuses on AI With ‘No Path’ for Consumer Search
May 21, 2023  |  artificial intelligence

Search company Neeva is shuttering its consumer search engine to focus on artificial intelligence (AI). Writing on the company’s blog Saturday, founders Sridhar Ramaswamy and Vivek Raghunathan noted a number of...

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Car Dealers See Inventory Levels Ramp Back Up
Car Dealers See Inventory Levels Ramp Back Up
May 21, 2023  |  Retail

The days of empty car dealer lots could be coming to an end. Easing supply chain constraints and steady production has increased vehicle availability, The...

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Walmart Gains eCommerce Edge Over Amazon in India
Walmart Gains eCommerce Edge Over Amazon in India
May 21, 2023  |  Walmart

Walmart has won a rare eCommerce victory over Amazon thanks to its Indian business. As the Financial Times (FT) reported Saturday (May 20), Walmart’s $16 billion purchase of majority...

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Report: Meta Aims to Launch Text-Based Twitter Rival This Summer
Report: Meta Aims to Launch Text-Based Twitter Rival This Summer
May 19, 2023  |  Meta

Meta is reportedly developing a text-based app that will work closely with Instagram. The new app, which will compete with Twitter, has been in the testing phase with...

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