Editor’s Picks

IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
December 05, 2023  |  artificial intelligence

How do you safely develop and responsibly profit from an innovation like artificial intelligence (AI)? This ongoing question has prompted the sudden proliferation of committees and forums...

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BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
December 01, 2023  |  CBDC

Scores of central bank digital currency (CBDC) initiatives are in the works or already active — and yet pose some key concerns for central banks....

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Inflation Data Shows Traveling and Food Prices Rising
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023  |  Economy

The latest data on personal spending matched expectations. And the parlor game as to whether the Fed will pause or even cut interest rates continues....

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Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
November 27, 2023  |  eCommerce

More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According...

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Ex-Binance CEO Zhao: ‘I Made Mistakes’
Ex-Binance CEO Zhao: ‘I Made Mistakes’
November 22, 2023  |  Cryptocurrency

Binance’s outgoing CEO says resigning from the cryptocurrency exchange was the right move. After agreeing to resign Tuesday (Nov. 21) as part of an agreement with...

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November BNPL Spending Set to Soar to Record $9.3 Billion
November BNPL Spending Set to Soar to Record $9.3 Billion
November 22, 2023  |  BNPL

Buy now, pay later (BNPL) continues to grow in the payment space, and its impact on consumer finances is even more important. Not only are...

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Majority of OpenAI Employees Say They’ll Leave Unless Board Resigns
Majority of OpenAI Employees Say They’ll Leave Unless Board Resigns
November 20, 2023  |  artificial intelligence

More than 500 of OpenAI’s 770 employees have reportedly signed a letter saying they will leave the company if the company’s board does not resign...

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OpenAI Board Replaces Sam Altman as CEO, Saying New Leadership Needed
OpenAI Board Replaces Sam Altman as CEO, Saying New Leadership Needed
November 17, 2023  |  artificial intelligence

OpenAI has announced that Sam Altman will depart the company, leaving his positions as both CEO and a member of the board of directors. “Mr....

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Platform Economics: How Instacart Leverages Time Into Profits
Platform Economics: How Instacart Leverages Time Into Profits
November 16, 2023  |  David S. Evans

Time is our most precious asset. Each day, we get just so much. Twenty-four hours, 1440 minutes, 86,400 seconds. If we don’t use it, we...

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