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Fintech & Ecommerce

Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales

Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.

News

US Regulator Sues Berkshire Unit

The United States Consumer Financial Protection Bureau (CFPB) sued a lender owned by Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers to take out unaffordable mortgages to purchase homes from Clayton Homes, Berkshire’s manufactured housing business.

News

CrowdStrike Recovers Lost Money

CrowdStrike chief executive officer George Kurtz said this company turned last year’s crisis into an opportunity.

News

DOT Fines JetBlue

The United States Department of Transportation has penalized JetBlue Airways for $2 million for flight delays.

News

Joe Biden Blocks Sale of U.S. Steel to Japan’s Nippon Steel

President of the United States Joe Biden on Friday, January 3, officially blocked Nippon Steel’s proposed purchase of U.S. Steel in the framework of the deal worth $14.9 million.

Finance & Economics

Tesla Shares Fall Amid First Drop in Annual Deliveries

Last Thursday, January 2, Tesla published a report on the production and deliveries of vehicles for the fourth quarter of 2024 and the entire last year.

Science & Technology

Apple Agrees to Pay $95 Million to Settle Siri Privacy Lawsuit

Apple has agreed to pay $95 million in cash to settle a proposed class action lawsuit alleging that the technology giant’s voice-activated Siri assistant violated user privacy.

News

World’s 500 Richest People Surpass $10 Trillion in Wealth

In 2024, the overall wealth of 500 of the richest people in the world showed growth.

Finance & Economics

Bank Insiders Leaks Data on Client Accounts

Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.

Fintech & Ecommerce

One-Click Checkout Is Most Desired Feature for U.S. Merchants

A recent report indicates that 45% of U.S. online merchants have requested one-click checkout solutions from their payment service providers (PSPs) in an effort to enhance conversion rates.

Science & Technology

OpenAI Outlines New For-Profit Structure

OpenAI on Friday, December 27, outlined plans to revamp its structure.

News

US Airlines Say Goodbye to Difficult Year

The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]

Finance & Economics

New York Reportedly Tights Financial Scrutiny

The media published information according to which the New York authorities are tightening financial scrutiny ahead of the January return of Donald Trump, who won the United States presidential election last month, to the White House.

Finance & Economics

US Weekly Jobless Claims Demonstrate Decline

Last week in the United States, the number of locals applying for jobless benefits decreased to the lowest level in the current month.

News

US Launches New Probe Into Legacy Chinese Chips

This week, the administration of the President of the United States Joe Biden launched a new probe regarding legacy Chinese semiconductors, which can be used in a large number of product categories, including the automotive industry, the defense systems sector, and the household goods section.

News

Big Banks Sue Fed Over Annual Stress Tests

In the United States, a group of banks and business groups are suing the Federal Reserve as part of an annual banking stress test.