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This week, 31 years ago, a man in Philadelphia bought a Sting CD with his credit card over the internet.
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He inadvertently created eCommerce. That transaction, conducted on Aug. 11, 1994, via NetMarket, took place during a point in history when dial-up modems squealed, and websites looked like digital bulletin boards.
Three decades later, and online shopping is no mere...
The lowly spreadsheet is getting an agentic AI upgrade.
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Fundamental Research Labs, an artificial intelligence startup launched out of MIT, has created Shortcut, a system of AI agents that can do multi-step work on Excel, such as creating discounted cash flow models in finance.
The user writes a prompt in natural language and uploads documents for the AI agents to “read...
Tech startups are reportedly hiring more software engineers and other positions related to research and development (R...
Zelle operator Early Warning Services is being sued by New York State Attorney General Letitia James, who alleged that the company fails to protect its users from “massive amounts of fraud.”
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The Office of the New York State Attorney General said in a Wednesday (Aug. 13) press release that its investigation found that Early Warning Services designed Zelle without...
The U.S. debt clock didn’t just notch another record Tuesday (Aug. 12), it smashed it. The deficit blew past $37 trillion, effectively creating a shadow benchmark that could soon rival the Federal Reserve’s policy rate in steering borrowing costs across the economy.
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According to the Treasury’s daily statement Monday (Aug. 11) the $37 trillion figure is five years ahead ...
Investors’ concerns that artificial intelligence tools could enable faster and cheaper software development have reportedly driven a selloff that has impacted the world’s largest software businesses.
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Monday.com saw a 30% drop Tuesday (Aug. 13), SAP saw a 7.1% drop, and Salesforce and Workday saw a slide Monday (Aug. 12), Bloomberg reported Tuesday. Smaller companies...
B2B payment orchestration platform Bluechain and Visa have partnered to enable digital transformation of B2B payments in verticals in the United Kingdom in which card acceptance has historically been limited or nonexistent.
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The collaboration enables businesses to use Visa cards to pay any supplier, including those that don’t accept cards, the companies said in a...
The B2B payments landscape presents a massive opportunity for digital transformation.
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The global B2B payments market is projected to grow to $213.28 trillion by 2032, according to market studies provider Fortune Business Insights.
The move to modernization hinges on flexibility, where payments are streamlined, and where suppliers, especially, have some optionality in...
A U.S. federal judge rejected Tesla, SpaceX and X CEO Elon Musk’s attempt to throw out OpenAI’s claims that he waged a “years-long harassment campaign” against the company he helped start in 2015 and later left.
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In a Tuesday (Aug. 12) ruling, U.S. District Judge Yvonne Gonzalez Rogers of the Northern District of California said OpenAI’s allegations were strong enough to...