News

Investments
Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
January 08, 2024

Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers with sellers worldwide to reinforce the food supply chain and promote food security in the United Arab Emirates (UAE) and...

Artificial Intelligence
The Impact Quantum-Powered AI Could Have on Payments 
January 08, 2024

The 21st century has seen an incredible progression of business capabilities from an innovation standpoint. Taking into account the recent commercialization of artificial intelligence (AI) to a more general and ongoing digital transformation, it’s fair to say that the present landscape is nearly unrecognizable compared...

Retail
Instacart Brings Digital Marketing to Brick-and-Mortar as CPG Ads Get Smarter
January 08, 2024

With grocery brands looking for more personalized, targeted ways to reach shoppers, Instacart is enabling in-store digital marketing with smart cart advertising. The grocery aggregator announced Monday (Jan. 8) that it is pilot testing ads on the screens of its Caper Cart smart shopping carts,...

International
Sony’s $10 Billion Zee Merger at Risk of Collapse
January 08, 2024

Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an impasse over the question of whether Zee CEO Punit Goenka would lead the new company, Bloomberg News reported Monday (Jan. 8), citing sources...

Artificial Intelligence
Report: Big Techs’ AI Legal Protections Do Not Apply to Use of Third-Party Models
January 08, 2024

The protections against artificial intelligence-related copyright lawsuits offered by cloud computing giants are somewhat limited. That’s according to an analysis published Monday (Jan. 8) by the Financial Times, which examined the protection policies of Microsoft, Amazon and Google. The three companies have invested heavily in...

eCommerce
BigCommerce and Marketplacer Partner to Create Multi-Vendor Marketplaces
January 08, 2024

BigCommerce and Marketplacer have partnered to enable BigCommerce customers to transform their online stores into multi-vendor marketplaces.  With the BigCommerce Marketplace Connector enabled by this partnership, BigCommerce customers can allow third-party sellers to list and sell products from their stores, the companies said in a Monday (Jan. 8) press release.  “The...

Social Commerce
The Role Influencers and Customer Reviews Play at Checkout  
January 08, 2024

Influencers bridge the gap between the brands and consumer, but regular everyday reviews from people are just as crucial in making that connection. These influences don’t just introduce new brands, products, or restaurants — they wield significant force in driving consumers to make that crucial...

Retail
Longchamp, The North Face and Skims Leverage Collaborations to Woo Consumers  
January 08, 2024

Brand partnerships have long been a strategic element in the retail playbook, aiming to elevate brand image and reach out to untapped audiences. The recent collaboration between French luxury brand Longchamp and the department store Harrods in London exemplifies how such alliances can reshape customer...

Banking
European Banks’ Returns Set to Outdo American Counterparts
January 08, 2024

Europe’s banks are reportedly set to have a much better year than their U.S. rivals. The KBW Bank Index, made up of the top 24 banks in America, is expected to return less than 1% this year, Bloomberg News reported Monday (Jan. 8) while Europe’s Stoxx...