June 01, 2023
Small Businesses Struggle as Banks Tighten Lending
Smaller businesses have begun cutting back as banks impose tougher lending standards. As The Wall Street Journal (WSJ) notes in a Thursday (June 1) report on the phenomenon, merchants are...
June 01, 2023
Amazon’s Ring & FTC Settle Charges Of Data Violations
Amazon’s Ring business unit has reached a settlement with the Federal Trade Commission (FTC) regarding its privacy and security practices. The proposed order, which must be approved by a federal court, will require the...
May 31, 2023
Amazon Implementing AI Solution to Spot Damaged Items Before Shipping
Amazon is beginning to use artificial intelligence (AI) to spot damaged items before they are shipped to customers. The company has implemented the new technology at two fulfillment centers and plans...
May 31, 2023
Panera Offers Diners Ability to Pick Up at the Drive-Thru
Panera says it will allow diners to pick up their orders without leaving their cars. The fast-casual restaurant chain Wednesday (May 31) announced the launch of its Drive-Thru Pick-Up program,...
May 31, 2023
Amazon’s Ring and FTC Settle Charges of Privacy Violations
Amazon’s Ring business unit has reached a settlement with the Federal Trade Commission (FTC) regarding its privacy and security practices. The proposed order, which must be approved by a federal...
May 31, 2023
Web3 Firm Magic Summons $52 Million With PayPal Ventures’ Help
Wallet-as-a-Service provider Magic has raised $52 million in a round led by PayPal Ventures. The strategic funding round will help the company further its mission of “enabling web3 mass adoption”...
May 31, 2023
Provider Ranking of Shopping Apps Shows Brands Hunkering Down for...
You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes....
May 31, 2023
FTC’s Lina Khan Presses Ahead With Antitrust Agenda Despite Republican...
Republican lawmakers have consistently expressed criticism towards regulatory agencies and their leaders within the Biden administration, including Federal Trade Commission Chair Lina Khan. According to CNBC, there is regular scrutiny across...
May 30, 2023
Attorneys Face Sanctions After Citing Case Law ‘Hallucinated’ by ChatGPT
Two attorneys may face judicial sanctions after citing cases that were made up by ChatGPT. The attorneys could even be disbarred after using information “hallucinated” by the generative artificial intelligence...
