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News

International Grocery Chain Aldi Invests in Bigger Stores

The business of the international grocery store chain Aldi is in a state of growth in several directions.

News

Robinhood Reaches Agreement with U.S. Marshal Service to Repurchase Shares from Emergent Fidelity Technologies

Virtual brokerage company Robinhood has reached an agreement with the U.S. Marshal Service (USMS) to buy back shares of Sam Bankman-Fried’s Emergent Fidelity Technologies.

News

Apollo Global Management Reportedly Doubts in Investment in Brand Aggregator Perch

The media reported that the private company Apollo Global Management is currently reviewing its investment in the brand aggregator Amazon Perch.

News

IBM and Salesforce Cooperate to Help Clients Adopt AI

IBM and Salesforce announced the beginning of a partnership in which these companies will assist businesses in the process of implementing artificial intelligence in the segments of activities related to customer interaction.

Science & Technology

Intel CEO Says About Good Prospects of Company

Intel Corporation Chief Executive Officer Pat Gelsinger said that the company is currently on track to achieve indicators that are in line with forecasts for the third quarter.

News

Bumble CEO Says AI to Help Establish Meaningful Connections

Whitney Wolfe Herd, founder, and CEO of the dating app Bumble, is convinced that artificial intelligence can become a kind of means to combat the epidemic of loneliness in the United States, noting that the new generation of technology has the potential for a profound transformation of the dating industry.

News

Grubhub and Amazon Open Autonomous Store on Campus

The new Amazon Just-Walk-Out-powered frictionless convenience store enables students to place orders for pickup at campus eateries through Grubhub app and connect their meal plan as a form of payment

Blockchain & Crypto

X Now Has Seven State Licenses For Payments Including Crypto

X, former Twitter, platform is on its way to transforming social media into a financial super app. With the latest license approved in Rhode Island, X can provide financial services in seven US states

News

Morgan Stanley Downgrades Palantir Technologies

Palantir Technologies has been downgraded at Morgan Stanley, which is the latest signal of Wall Street’s skepticism about this company specializing in software development and positioning itself as a major player in the sphere of artificial intelligence.

Blockchain & Crypto

Court Favours Grayscale Over SEC in Spot Bitcoin ETF Case

Despite the legal victory of Grayscale, it’s too early for spot Bitcoin ETF proponents to cheer

News

Startup Hyperproof Raises $40 Million

Hyperproof, which provides software as a service, on Wednesday, August 30, announced that following the results of a funding round led by Riverwood Capital and with the participation of the venture capital firm Toba Capital, which is at an early stage of development, it managed to raise $40 million.

Fintech & Ecommerce

Amazon Acquires Company Fig

Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.

News

OpenAI Approaches $1 Billion of Annual Sales

The media reported that the annual revenue of OpenAI is approaching the landmark mark of $1 billion.

Fintech & Ecommerce

Technology Platform Apollo.io Raises $100 Million

Sales technology platform Apollo.io announced that it had managed to raise financing in the amount of $100 million.

Science & Technology

Google Adds AI Models from Meta and Anthropic to Its Cloud Platform

Google is adding artificial intelligence tools from Meta Platforms and Anthropic to its cloud platform.

Fintech & Ecommerce

Amazon Tests Higher Free Shipping Threshold

Amazon is currently testing a minimum purchase requirement of $35 to receive a free shipping service for customers who are not members of the Prime loyalty program.