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Amazon has begun offering used vehicles through its Amazon Autos platform, starting with Hyundai dealers in Los Angeles.
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Consumers can now browse, compare and purchase used and certified preowned Hyundai vehicles directly on Amazon, according to a company blog post on Monday (Aug. 4). More car brands and cities will follow in the coming months.
Amazon is offering a 3-...
In a commercial real estate environment still grappling with inflationary pressures, evolving consumer behavior and global economic uncertainty, observers would be forgiven for embracing prevailing narratives about the death of brick-and-mortar retail.
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But as uncertainty prevails, some firms are finding their footing by leaning on a combination of disciplined capital...
On Wednesday (July 30), PYMNTS CEO Karen Webster wrote: “The most important credential that has emerged for enabling payment and purchase flexibility is not a new type of credit card. It’s the debit card.”
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Debit has been a key choice for using the funds on hand to get what one needs, and wants, especially in brick-and-mortar locations, without bumping up against credit...
Artificial intelligence (AI) chatbot platform Character.AI has launched a social feed for mobile that lets users not only scroll through posts but also “interact, remix and build on” what others have created.
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Rolling out on Monday (Aug. 4) on the Character.AI mobile app, the new Feed features user-generated characters, scenes, streams, short-form videos and other...
Meta is under criticism for privacy practices across two of its platforms.
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Meta’s artificial intelligence assistant may publicly share user prompts, and its apps may have exploited a technical loophole to track Android users without their knowledge, CPO Magazine reported.
Meta’s AI app introduced a pop-up warning that content entered by users — including personal or...
Anthropologie is spinning off its Maeve product line as a standalone brand, a rare move in a retail sector where brand extensions have become less common.
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The decision reflects shifting strategies among specialty retailers as they work to adapt to changes in women’s fast-fashion and evolving consumer behavior.
Maeve, known for its blend of classic silhouettes and modern...
Shares in Berkshire Hathaway fell more than 3% Monday (Aug. 4) after the firm revealed a drop in quarterly profits.
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That disclosure had come Saturday (Aug. 2) with the Warren Buffet-led firm’s earnings report, which also included a $3.8 billion write-down in Berkshire’s 27.4% stake in Kraft Heinz, Reuters reported. The report adds this write down as a second for the...
Experian launched a new artificial intelligence-powered tool.
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Experian Assistant for Model Risk Management is designed to help financial institutions better manage the complex credit and risk models they use to decide who gets a loan or how much credit someone should receive. The tool validates models faster and improves their auditability and transparency, according to...
Artificial intelligence startup OpenAI says it is on the verge of a new user-base milestone.
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“This week, ChatGPT is on track to reach 700M weekly active users — up from 500M at the end of March and 4× since last year,” Nick Turley, the company’s head of product, wrote in a post on X Monday (Aug. 4).
“Every day, people and teams are learning, creating, and solving harder...
The Securities and Exchange Commission (SEC) has launched an artificial intelligence (AI)-focused task force.
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The initiative, announced Monday (Aug. 4), is designed to promote responsible use of AI while enhancing innovation and efficiency in the SEC operations. Valerie Szczepanik, who has been named the SEC’s chief AI officer, will head the task force.
“Recognizing the...