PacWest Bancorp Reportedly Considers Sale
The media reports that PacWest Bancorp, which is in a difficult situation, is considering selling, breaking up, or increasing its capital.
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Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.
Google Adds Passkeys as Option for Accounts
Users of Google accounts have been able to log in without a password.
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Mavenir Raises $100 Million
Mavenir, a company that specializes in open radio access networks and related services for 5G networks, announced that it managed to attract investment funds for $100 million.
Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
Starbucks’ US Loyalty Membership Increases 15%
The Starbucks loyalty program demonstrates growth in not the most favorable conditions for activating positive trends.
Coinbase Debuts Offshore Exchange
Coinbase announced the launch of an international cryptocurrency exchange.
IBM Suspends Hiring Due to AI
The media reports that IBM plans to temporarily stop recruiting employees for those positions that artificial intelligence can handle.
Nextdoor Launches New Assistant Feature
Nextdoor social network on Tuesday, May 2, introduced a new feature that is based on generative artificial intelligence.
Janet Yellen Warns of US Cash Shortage Risk by June
US Treasury Secretary Janet Yellen said there is a risk that the US will run out of cash by June 1 if Congress does not decide to raise or suspend the debt ceiling.
Apple Releases First Rapid Security Fixes for iPhones, iPads and Macs
Apple has released the first batch of publicly available rapid security fixes.
Chase Powers New Rewards for Amazon Prime Visa Cardholders
Chase and Amazon have introduced new rewards and money-back opportunities for Amazon Visa cardholders.
JPMorgan to Take Over First Republic Bank
JPMorgan will take over the management of the American First Republic Bank, which found itself in a crisis situation.
OpenAI Closes $300 Million Share Sale
OpenAI startup, which has developed a popular conversational model of artificial intelligence ChatGPT, actively interacts with venture capital companies.
Uber Freight Launches Fleet Card With Spend Management Tools
Uber Freight and AtoB have established a partnership to provide access to fintech tools to cargo transportation operators.
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