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Banking Crisis Saps FDIC Insurance Fund
Banking Crisis Saps FDIC Insurance Fund
June 01, 2023  |  Banking

The recent banking crisis has strained the U.S. government’s deposit insurance fund. That’s according to data released by the Federal Deposit Insurance Corp. (FDIC) Wednesday...

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Cardinal Health Teams With Square on Pharmacy POS Payments
Cardinal Health Teams With Square on Pharmacy POS Payments
May 31, 2023  |  Payment Methods

Cardinal Health, a manufacturer and distributor of medical and laboratory products, has teamed up with Square to provide payment solutions for independent pharmacies. This collaboration...

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MIT Researchers Propose Bot Debates to Beat AI ‘Hallucinations’
MIT Researchers Propose Bot Debates to Beat AI ‘Hallucinations’
May 31, 2023  |  artificial intelligence

OpenAI, Microsoft, and Google have all made strides in developing generative chatbots, but one major flaw plagues them all: AI hallucinations. These hallucinations occur when...

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Amazon Implementing AI Solution to Spot Damaged Items Before Shipping
Amazon Implementing AI Solution to Spot Damaged Items Before Shipping
May 31, 2023  |  Amazon

Amazon is beginning to use artificial intelligence (AI) to spot damaged items before they are shipped to customers. The company has implemented the new technology at...

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Crypto.com Targets Everyday Transactions With New US Card Product 
Crypto.com Targets Everyday Transactions With New US Card Product 
May 31, 2023  |  Cryptocurrency

Interest in crypto as an everyday payment option appears to have waned. Or has it? While the crypto sector’s former appeal may have been dulled...

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IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net
IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net
May 31, 2023  |  Retail

IKEA stores will soon be operating with a new warehouse management system designed to improve the omnichannel experience. Ingka Group, which owns and operates IKEA stores...

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Meta Opposes California Bill That Would Require Fee for Journalism
Meta Opposes California Bill That Would Require Fee for Journalism
May 31, 2023  |  Meta

Meta will remove news from Facebook and Instagram if it is forced to pay for it by a California bill. If the state’s Journalism Preservation...

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Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
May 31, 2023  |  Banking

Wells Fargo reportedly expects to see losses from real estate loans. CEO Charlie Scharf said Wednesday (May 31) at an event that there are significant risks in the...

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Coupa Software Cutting Jobs as Part of ‘Company Reset Strategy’
Coupa Software Cutting Jobs as Part of ‘Company Reset Strategy’
May 31, 2023  |  Spend Management

Coupa Software is cutting an undisclosed number of jobs as part of a “company reset strategy.” The job reductions at the business spend management company...

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