June, 2025

June, 2025

Labubu Is Becoming Its Own Asset Class
If you’ve scrolled through Instagram lately or wandered the halls of Art Basel, you’ve likely spotted a wide-eyed, snaggle-toothed gremlin dangling from a Hermès Birkin or peeking out of a Balenc...

Applebee’s and IHOP to Deploy AI-Powered Tech Support and Personalization
Restaurant chains Applebee’s and IHOP will reportedly begin using artificial intelligence (AI) tools for both customer-facing and back-of-house tasks. [contact-form-7] The chains’ pa...

Credit Card Competition Act Not Part of GENIUS Bill, But Swipe Fee Debate Endures
The debate over regulation of the credit card industry will likely linger no matter what the fate of the Credit Card Competition Act (CCCA) might be. [contact-form-7] For a while, it looke...

Polestar Secures $200 Million Equity Investment and Prepares to Launch New Electric Vehicles
Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman�...

Nvidia and Foxconn Aim to Use Humanoid Robots in AI Server Factory
Humanoid robots could reportedly begin helping assemble Nvidia artificial intelligence servers at a factory in Houston by the first quarter of 2026. [contact-form-7] That is the goal of Nvid...

Senate Parliamentarian Deals Setback to Proposal to Defund CFPB
Republicans’ plan to defund the Consumer Financial Protection Bureau (CFPB) as part of President Donald Trump’s tax and spending bill, the “Big, Beautiful Bill,” has suffered a setback by ...

CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. [contact-form-7] In response, the company’s CarMax Auto Finance (CAF) business bo...

Uber AI Solutions Expands Resources for Training AI Models and Agents
Uber Technologies’ artificial intelligence (AI) data services business, Uber AI Solutions, has added new solutions and now makes them available to AI labs and enterprises in 30 countries. [conta...

Instant Payments and Stablecoins Demand Core Banking System Upgrades
For decades, banking infrastructure meant heavy metal — mainframes, on premises, in-house and legacy systems layered upon legacies. Batch systems and processing, and a set schedule of money movement...

Multiplier Holdings Publicly Launches Business Building AI-Native Professional Services Firms
Multiplier Holdings announced its public launch Wednesday (June 18), saying it had raised $27.5 million in seed and Series A funding to acquire professional services firms and enhance them by integrat...

September

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B&T Television

September