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Target’s price-matching days have reportedly come to an end.
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The retailer will stop the practice of matching the prices of products from rival retailers like Walmart and Amazon beginning July 28, Retail Dive reported Friday (July 18).
The company has seen that shoppers “overwhelmingly price match Target and not other retailers,” a Target spokesperson told the news...
Search engine startup Perplexity AI reportedly hopes to add its browser to smartphones.
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The artificial intelligence (AI) company is in talks with mobile device makers to have its Comet browser preinstalled on phones, CEO and Co-Founder Aravind Srinivas said in an interview with Reuters on Friday (July 18).
That report noted that this move could provide a major boost to...
Block, owner of Square and Cash App, is preparing to join the S...
Private equity group Blackstone has withdrawn from plans to invest in TikTok US.
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That’s according to a report Friday (July 18) by Reuters, citing a source familiar with the matter. The change, as Reuters pointed out, is happening amid mounting uncertainty about a deal for the popular social media platform, following numerous delays.
Blackstone had intended to purchase a...
Federal authorities have accused the former head of clothing tech company CaaStle of defrauding investors.
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Christine Hunsicker was charged Friday (July 18) with wire fraud, securities fraud, money laundering, making false statements to a financial institution, and aggravated identity theft.
According to the U.S. Attorney’s Office for the Southern District of New York,...
Elon Musk’s artificial intelligence (AI) chatbot is about to spawn a new generation.
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“We’re going to make Baby Grok, an app dedicated to kid-friendly content,” the billionaire wrote in a post on his X social media platform Saturday (July 19) night without offering further details.
Grok is the name of the AI model used by Musk’s xAI startup, introduced in November 2023...
Ever since he was a child, Alex Kachkine has been fascinated by paintings. He would visit museums and was drawn in by the visual art depicted in landscapes, historical figures and religious scenes.
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“Anytime I visit New York City, the first place I go to is the art gallery,” Kachkine said in an interview with PYMNTS. “It’s been a lifelong passion of mine.”
Such adoration...
BVNK and Bitwave have partnered to help enterprise finance teams send and receive stablecoin invoice payments.
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This collaboration integrates BVNK’s embedded stablecoin wallets and Bitwave’s SOC-compliant tax, accounting and compliance platform, the companies said in a Tuesday (July 15) press release.
This combination will enable Bitwave customers to use BVNK’s wallets...
PhotonPay has added a physical Mastercard Commercial Credit Card to its portfolio of global payment solutions.
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With this card added to its global digital financial infrastructure, PhotonPay offers global businesses a unified payment experience across both online and offline channels, the company said in a Tuesday (July 15) press release.
The card is likely to be used by...
Citi and Ant International are piloting a jointly developed, artificial intelligence-enhanced foreign exchange (FX) risk management solution designed for use by businesses that sell through eCommerce channels.
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The initial use case for the solution is the aviation industry, and an airline that is testing it has seen a cost reduction in its fixed FX rates hedging program...