Connected Economy

The innovations in technology, connected devices, software, payments and cellular technology make it possible for people and businesses to connect with each other and do business via any device, an in any digital or physical location safely, securely, and in real time. This integration of the digital and physical worlds will transform the economy across the ten pillars that today represent its key cornerstones – pillars that are already experiencing the impact of disruptive innovation as new blended, digital-first experience-driven ecosystems are now taking shape.

Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

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Are Wearable Companions the Next Face of AI?
Are Wearable Companions the Next Face of AI?
August 02, 2024  |  artificial intelligence

As the tech industry pushes toward more AI interactions, a new entrant in the wearable market is raising eyebrows and questions about the future of...

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Roblox Retools User Engagement and Sees 21% Jump in Active Users
Roblox Retools User Engagement and Sees 21% Jump in Active Users
August 01, 2024  |  Earnings

Roblox, the virtual world gaming platform, reported a record 79.5 million average daily active users (DAUs), representing a 21% increase from the previous year, the...

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Thumbtack Raises $75 Million to Improve Home Improvement App
Thumbtack Raises $75 Million to Improve Home Improvement App
July 31, 2024  |  Connected Economy

Home improvement app Thumbtack has received $70 million in new debt financing. The funding — from Silicon Valley Bank (SVB) and Hercules Capital — will...

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Amazon Upgrades Checkout AI to Boost Third-Party Adoption
Amazon Upgrades Checkout AI to Boost Third-Party Adoption
July 31, 2024  |  Retail

As Amazon looks to license its Just Walk Out checkout system to more stores, the eCommerce giant is upgrading the artificial intelligence model to improve...

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CE 100 Index Gains 0.4% as Coursera Jumps on Earnings
CE 100 Index Gains 0.4% as Coursera Jumps on Earnings
July 29, 2024  |  Connected Economy

Excitement over artificial intelligence (AI) helped drive Coursera shares (and results) significantly higher this past week, while earnings began to trickle in for the CE...

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Square Teams With US Foods as Restaurants Face Digital Opportunities
Square Teams With US Foods as Restaurants Face Digital Opportunities
July 25, 2024  |  Partnerships

Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on...

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OpenAI Goes After Search With New GPT Features
OpenAI Goes After Search With New GPT Features
July 25, 2024  |  artificial intelligence

OpenAI is testing a prototype of new artificial intelligence (AI) search features that may later be integrated into its chatbot, ChatGPT. Dubbed SearchGPT, the prototype is being...

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3 Big Ideas From PYMNTS Intelligence’s Digital Wallets UK Report
3 Big Ideas From PYMNTS Intelligence’s Digital Wallets UK Report
July 25, 2024  |  Mobile Wallets

In the United Kingdom, digital wallets are not just tools for online payments; they are rapidly evolving into versatile companions for everyday tasks and transactions....

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