Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

(source: en.wikipedia.org)

Tanger Outlets Court the Digital, Aspirational Shopper
Tanger Outlets Court the Digital, Aspirational Shopper
May 14, 2024  |  Retail

May 2020. The COVID-19 lockdown was starting to ease, but it was in its second month. Consumers were flocking toward the dramatic digital shift that...

READ MORE >
New York City Dreams of Being Silicon Valley
New York City Dreams of Being Silicon Valley
May 10, 2024  |  Artificial Intelligence

New York City, the concrete jungle where dreams are made, is now dreaming of a new kind of dominance: artificial intelligence. The metropolis, long known for...

READ MORE >
McDonald’s Wants to Promote Value by Implementing $5 Meal Deal
McDonald’s Wants to Promote Value by Implementing $5 Meal Deal
May 10, 2024  |  Economy

McDonald’s is reportedly encouraging franchisees to vote to implement a $5 meal deal to bring back consumers who have left because of high prices. Franchisees — which...

READ MORE >
Tech Titans, Startups Bet Big Bucks on AI’s Future
Tech Titans, Startups Bet Big Bucks on AI’s Future
May 10, 2024  |  artificial intelligence

Tech giants and startups are investing billions in AI infrastructure, training and development, with Microsoft planning a $3.3 billion AI data center in Wisconsin, startup...

READ MORE >
Sam’s Club Scans the Future With AI-Powered Checkout Technology
Sam’s Club Scans the Future With AI-Powered Checkout Technology
May 09, 2024  |  Artificial Intelligence

In the battle for the future of shopping, Sam’s Club is betting on artificial intelligence. Since January, the Walmart-owned retailer has rolled out AI-powered checkout technology at over 120 stores. Using...

READ MORE >
New AI Agents May Soon Blur the Line Between Humans and Machines
New AI Agents May Soon Blur the Line Between Humans and Machines
May 08, 2024  |  artificial intelligence

As artificial intelligence (AI) technology progresses, a new generation of AI agents is emerging, potentially impacting how businesses interact with customers.  These digital assistants, designed...

READ MORE >
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
May 08, 2024  |  Artificial Intelligence

In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between...

READ MORE >
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
May 07, 2024  |  Payments Innovation

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and data sharing. And it wasted no time signaling the intent behind it....

READ MORE >
AI Explained: Large Language Models May Transform Industries 
AI Explained: Large Language Models May Transform Industries 
May 06, 2024  |  artificial intelligence

Large language models, or LLMs, have emerged as pivotal forces in artificial intelligence.  These models, constructed on extensive datasets of human-generated text, empower machines to comprehend,...

READ MORE >