Lemonade CEO Says Insurance Platform ‘Built for AI Since Day One’
Lemonade CEO Says Insurance Platform ‘Built for AI Since Day One’
February 23, 2023  |  Earnings

Lemonade says its first full year with all five insurance products in the market was a good one. This, as the full stack, artificial intelligence...

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New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
February 23, 2023  |  Legal

Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. According to a 12-count indictment unsealed Thursday (Feb. 23), Bankman-Fried —...

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Grab Sees Super App Synergies as Deliveries and Payments Services Grow
Grab Sees Super App Synergies as Deliveries and Payments Services Grow
February 23, 2023  |  Earnings

For Grab, cross-platform pollination is in evidence as more users use more services more often. The company, which has its roots in ride-hailing and now...

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Mytheresa Sees Widening Gap Among Luxury Shoppers
Mytheresa Sees Widening Gap Among Luxury Shoppers
February 23, 2023  |  Retail

For Mytheresa, the high-end retail segment is diverging. This, as the newly listed luxury brand marketplace says it sees a difference between what it calls...

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Alibaba’s Growth Slows Due to COVID Disruptions
Alibaba’s Growth Slows Due to COVID Disruptions
February 23, 2023  |  Retail

Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. The company released earnings results Thursday (Feb. 23) showing growth of 2%, a slower...

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Dollar General Blames Winter Storm for Slowing Q4 Same-Store Sales Growth
Dollar General Blames Winter Storm for Slowing Q4 Same-Store Sales Growth
February 23, 2023  |  Retail

Dollar General said a December storm kept it from meeting its expected financial results. The retailer said in a Thursday (Feb. 23) press release that...

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Etsy Continues Search Investments Following Record Revenue
Etsy Continues Search Investments Following Record Revenue
February 23, 2023  |  Retail

Etsy is continuing to upgrade its search function after seeing record revenue during the holidays. The eCommerce marketplace released earnings results Wednesday (Feb. 22) that...

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Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
February 23, 2023  |  Security & Fraud

Hackers dubbed the “Nevada Group” have reportedly launched one of the largest ever ransomware attacks. The goal of the as-yet-unidentified group is to paralyze computer...

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Rebranded Rent-A-Center Sees BNPL as Complementary to Long-Term Growth at Upbound
Rebranded Rent-A-Center Sees BNPL as Complementary to Long-Term Growth at Upbound
February 23, 2023  |  Retail

A tough economy hits hardest for those with lower incomes and poor to no credit, which is where rent-to-own and lease-to-own can be a lifesaver...

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