Warren Buffett Warns of AI Use in Scams
Berkshire Hathaway’s Warren Buffett has compared the development of artificial intelligence (AI) to the atomic bomb.
Just like that invention, the multibillionaire said Saturday (May 4) at Berkshir...
Are Consumers ‘Done With Fast Food’ as Prices Climb?
Denis Montenaro, a regular McDonald’s diner, recently came to a decision.
“I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report publi...
Mytheresa Aims to Be ‘Winner’ of Luxury eCommerce Downturn
If the luxury eCommerce space is tumbling down, Mytheresa plans to come out on top.
“I think there is an understanding in the market that the industry is consolidating, and that there are some wi...
Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons.
The conglomerate’s first quarter earnings report — released Saturday — showed the company’s inve...
Crypto.com Looks to Sports to Capture Non-Crypto Audience
Crypto.com wants to increase its sports sponsorships to reach a wider audience.
The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double down on our strategy,�...
Paytm Money Names Rakesh Singh CEO as COO Departs
Embattled Indian FinTech Paytm has just undergone a leadership shakeup.
Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal reasons, pa...
Dave & Buster’s Launches Arcade Betting as Wagers Gain Popularity
With the proliferation of betting apps bringing gambling into more parts of consumers’ lives, now even Skee-Ball is getting the Las Vegas treatment.
Restaurant and entertainment center chain Dave & ...