The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

Restaurant booking company OpenTable has introduced a new artificial intelligence (AI) assistant to make it easier for diners to get answers to common questions and help restaurants convert queries into bookings. [contact-form-7] Called Concierge, this feature gives diners information about restaurants, such as suggesting what to order and guidance for dietary restrictions. The AI...
U.S. consumers who make purchases through Klarna can later list eligible items on fashion resale marketplace Poshmark with a few taps. [contact-form-7] When they tap on past purchases in the Klarna app, listings on Poshmark will be automatically prefilled with product details and images, enabling consumers to list the items in seconds and earn cash for items they no longer use, the...
Ryder System delivered its third consecutive quarter of double-digit earnings per share growth, with executives saying this signals results of the transportation and logistics giant’s transformation strategy amid a prolonged freight market downturn. [contact-form-7] The company reported comparable earnings per share of $3.32, up 11% year over year, driven by higher contractual revenue...
When economic uncertainty reigns, handling surprises takes an agile business strategy. [contact-form-7] That was the case with the B2B payments player WEX, which on Thursday (July 24) delivered a second quarter 2025 earnings that revealed a deliberate and disciplined plan to reinvent its growth model one segment at a time. Most casual observers know WEX as a legacy fuel card provider....
Luxury retailer LVMH on Thursday (July 24) reported a decline in overall business performance in the first half of the year, mainly due to weakness in Asia. Earnings fell 22% from a year ago. [contact-form-7] The French conglomerate cited macroeconomic factors such as currency fluctuations, decreased tourist traffic, and comparisons to stronger year-ago performance for the lackluster...
OpenAI reportedly plans to launch its GPT-5 model in early August. [contact-form-7] That timing appears likely, though the company often shifts its planned release dates for a variety of reasons, Reuters reported Thursday (July 24), citing a paywalled article by The Verge. OpenAI did not immediately reply to PYMNTS’ request for comment. GPT-5 will incorporate distinct artificial...
American Airlines’ CEO is not a fan of using artificial intelligence (AI) to set air fares. [contact-form-7] “Consumers need to know that they can trust American,” said Robert Isom, whose comments on an earnings call Thursday (July 24) were reported by Bloomberg News. “This is not about bait and switch. This is not about tricking.” The report noted that Isom’s criticism is in line with...
Lyft is letting riders “favorite” the drivers they appreciate, and block the ones they don’t. [contact-form-7] “Had an amazing ride?” Now you can mark that driver as a ‘favorite’ so we can try to match you with them again,” the ride-hailing company said in its announcement Thursday (July 24). “After any great ride, just tap to favorite that driver. Then, for your future scheduled rides...
Mastercard has introduced a platform to help issuers create and deploy card designs. [contact-form-7] The company’s AI Card Design Studio, announced Thursday (July 24), aims to offer Mastercard’s design capabilities directly to its partners. According to a company news release, this lets users upload logos and product details, use artificial intelligence (AI)-assisted design features...
The Financial Technology Protection Act (H.R. 2384) was one of 12 financial services bills passed this week by the House of Representatives. [contact-form-7] The 12 bills came from the House Financial Services Committee, the committee said in a Wednesday (July 23) press release. The Financial Technology Protection Act establishes an Independent Financial Technology Working Group that...