With Used Car Sales Down 21% in Q1, AutoNation Focuses on After-Sale Services
With Used Car Sales Down 21% in Q1, AutoNation Focuses on After-Sale Services
April 20, 2023  |  Economy

Bolstering its service offerings at a time when inventories of new and used vehicles are tight, AutoNation is focusing more on aftermarket tune-ups and tightening...

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Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
April 20, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to...

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AI Oversight Can’t Be Rushed, Says Ireland’s Data Regulator
AI Oversight Can’t Be Rushed, Says Ireland’s Data Regulator
April 20, 2023  |  artificial intelligence

Generative AI needs to be regulated, but only once regulators know what they’re doing. That’s according to Helen Dixon, Ireland’s data protection commissioner, who warned...

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Can Loyalty Programs Save Struggling Retailers From Bankruptcy?
Can Loyalty Programs Save Struggling Retailers From Bankruptcy?
April 20, 2023  |  Retail

In the pandemic era, loyalty programs proved to be an effective strategy to retain customers even while maintaining physical distance. However, with in-store experiences making...

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Snap and Men’s Wearhouse Bring Augmented Reality to Prom Season
Snap and Men’s Wearhouse Bring Augmented Reality to Prom Season
April 20, 2023  |  Retail

For Men’s Wearhouse, this year’s prom theme is “augmented reality.” The clothing retailer has teamed up with Snapchat owner Snap to use the social media...

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IKEA Investing $2.2 Billion to Expand Omnichannel Capabilities in US
IKEA Investing $2.2 Billion to Expand Omnichannel Capabilities in US
April 20, 2023  |  Retail

IKEA is expanding its omnichannel capabilities with its biggest investment in four decades in the United States. The $2.2 billion investment over the next three...

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Shopping Social Network Flip Challenges Honesty in Reviews
Shopping Social Network Flip Challenges Honesty in Reviews
April 20, 2023  |  Retail

On the surface, Flip, a shopping social network, provides consumers with brutally honest reviews — an element of the shopping experience that has been scarce...

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Musk Says It’s ‘Lawsuit Time’ for Microsoft in AI Spat
Musk Says It’s ‘Lawsuit Time’ for Microsoft in AI Spat
April 20, 2023  |  Legal

Twitter owner Elon Musk has threatened to sue Microsoft over “illegal” use of the platform’s data. On Wednesday (April 19), Twitter’s in-house news account said...

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Google to Make AI-Powered Ads Based on Human Marketing
Google to Make AI-Powered Ads Based on Human Marketing
April 20, 2023  |  artificial intelligence

Google is reportedly adding generative artificial intelligence (AI) to its advertising operations. The company will in the coming months use the technology to craft ads...

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