Generative AI tools are leading to more sophisticated cyberattacks. Tech investment and educating staff will be key for banks’ cybersecurity.
Will history repeat itself in the Google-Microsoft innovation drama? Google pushes robotics research despite axing its Everyday Robots arm. Innovation without a clear commercial strategy could give Microsoft an opening.
Dish Network is still reeling from ransomware attack: With various services and websites offline and their stock hitting a 14-year low, the window for Dish to resolve its ransomware-related outage is closing.
The 6G race has begun: Telecom execs say we’ll see 6G in a few years. The notion seems ill-conceived given 5G’s disappointing showing but AI might make the upgrade necessary.
The mix of flexible working arrangements banks and fintechs offer could create recruitment advantages for opportunistic firms.
Crypto-focused bank Silvergate is on the verge of collapse, while Kraken wants to get into digital asset banking. Here’s why crypto banking is flawed.
Shopee’s strong Q4 helped power Sea Ltd to its first quarterly profits: The ecommerce marketplace used its dominance to extract more fees from sellers, even as gross orders fell.
Threecolts wants to help Amazon sellers level the playing field: The London-based startup raised $90 million to give merchants the tools they need to build a sustainable business on the marketplace.
DuckDuckGo embraces ChatGPT parent to create AI assistant: New tool is yet another indicator that Google has been slow to release AI publicly.
Macroeconomic headwinds and tight competition might’ve complicated Affirm’s growth efforts in Australia.
It’s Reddit’s turn to ride the short-form video hamster wheel: A new “watch” feed will be introduced as the company looks to increase time spent and advertiser interest ahead of an IPO.
In-store shopping remains the largest US retail channel by both share and dollars. Growth overall will decelerate as economic worries lead consumers to pull back on spending.
JD.com’s revenues rose 7% in Q4: That’s a rapid slowdown from 23% growth a year earlier as COVID restrictions caused consumers to pull back spending.
Apple makes India its own sales region: The move reflects the country’s growing importance to Apple, which generated record revenues in India in Q4 and will soon open retail stores in the nation.
At least 10% of US ecommerce orders were returned each week from last November through mid-January, according to Salesforce. The return rate was as high as 16% in some weeks, a significant increase over the previous holiday season.
In the fourth quarter, YouTube’s ad revenues fell short of expectations, declining nearly 8% YoY. Then, in early February, CEO Susan Wojcicki announced she was stepping down. As the platform gears up to face new challenges, is it the right time for Alphabet to spin off YouTube? Our analyst says no.
Canadian grocers’ profits are up: Canadian lawmakers put executives in the hot seat to understand why they’re doing well when high grocery prices are pinching Canadian consumers.