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Amazon has launched its first Amazon Now site in the U.K.
That’s according to a recent LinkedIn post from Elisa Michelin Salomon, Amazon’s ops lead for EU quick commerce, and flagged in a report Monday (Jan. 19) by the website Retail Tech Innovation Hub.
“What started in May ‘25 as a few people around a table in Bangalore, discussing how we could learn from India and the UAE and bring...
The PGA Tour is teeing up to make artificial intelligence (AI) an even bigger part of how it creates and distributes content.
On Wednesday (Jan. 14), the PGA Tour announced that it is extending its partnership with Amazon Web Services (AWS), beginning with the Sony Open in Hawaii, and will use AI to offer a new “favorite players hub” through its mobile app and website. This feature...
Payment processor Cliq said Monday (Jan. 19) that it will “vigorously defend” against a legal motion filed Tuesday (Jan. 13) by the Federal Trade Commission (FTC).
The motion alleges that the company, CEO Andrew Phillips and Chief Technology and Security Officer John Blaugrund violated a 2015 order requiring “reasonable steps to prevent and detect fraud,” the FTC said in a Tuesday ...
The digital asset space first wanted to replace the financial system. Now, the blockchain ecosystem is lowering its gaze from that sky-high goal and seeking instead merely to eliminate legacy inefficiencies in payments and capital markets.
And that goal got a shot in the arm on Monday (Jan. 19) with the announcement that the New York Stock Exchange (NYSE), part of Intercontinental...
The chief executive of IKEA’s biggest franchisee is touting the virtues of consistency.
Speaking with Reuters Monday (Jan. 19), Ingka Group CEO Juvencio Maeztu said that adhering to consistency and not overreacting on pricing is critical for retailers as shoppers look for stability.
The report notes that IKEA has cut prices in the last two years — after raising them due to COVID-...
The New York Stock Exchange is reportedly creating a venue for round-the-clock tokenized stock trading.
The exchange (NYSE) plans to combine its technology that matches sellers and buyers with private blockchain networks, to allow for the trading of tokenized securities in real-time, Bloomberg News reported Monday (Jan. 19), citing comments from executives. Launch of this new platform...
In 2024, Andreessen Horowitz set up a $1.25 billion fund for AI infrastructure projects.
Now, the venture capital firm is committing an additional $1.7 billion to that effort in a bet against fears of an artificial intelligence bubble, Bloomberg News reported Monday (Jan. 19).
For Andreessen Horowitz — or a16z, to use its finance world nickname — “infrastructure” means any AI software...
Revolut has added Peru as the next stop in its ongoing Latin American expansion effort.
The U.K. FinTech announced Monday (Jan. 19) that it has applied for a full banking license in the South American country and named Julien Labrot—a veteran of the banking industry in Chile—as CEO of Revolut Peru to oversee local operations.
“This move underscores Revolut’s commitment to building a...
Mastercard and Moneythor have partnered to add personalized experiences to First Abu Dhabi Bank’s (FAB’s) digital channels.
This collaboration will provide the bank with Mastercard’s payments innovation experience and Moneythor’s enrichment and personalization technology, the companies said in a Monday (Jan. 19) press release.
The combination will help FAB’s customers better understand...
The specter of a global trade war once again raised its head over the weekend. The immediate takeaway of the tariff news was familiar: uncertainty is back, and companies must prepare to weather it.
But a more consequential issue lurks. The central question of the threatened trade escalation between the U.S. and Europe is not whether firms can withstand tariff volatility, but whether...