The post-pandemic surge in global sales of luxury handbags, shoes and apparel is on pace to stall this year amid a creativity crisis and price hikes focused on the biggest spending customers.
Value is on the menu this summer as fast food restaurants attempt to turn around the narrative that their food is too expensive.
Walgreens' quarterly results point to yet another sign that consumers are pulling back on higher-priced items.
The CDK Global cyberattack outage that crippled dealerships across North America appears to be finally on a path toward resolution, but lost sales and service revenue could be substantial.
On Wednesday, Evolve Bank and Trust, a financial institution that’s popular with fintech startups, announced that it had been victim of a cyberattack and data breach that could have affected its partner companies as well. The incident, according to the company's statement, involved “the data and personal information of some Evolve retail bank customers and financial technology partners’ customers.” When reached by TechCrunch, Evolve's communications chief Thomas Holmes said that the incident involves “a known cybercriminal organization.”
With its spacious screen, expandable memory and affordable price, the Fire Max 11 is the company's best tablet to date -- but not quite the iPad alternative it could be.
Ahead of Thursday night's presidential debate, we look at the big business of Big Corn.
A little bird reached out to let us know that Cruise recently cut 35 employees. Cruise did confirm the cuts and added some important context. Separately, Cruise announced a reorganization to employees that will bring the company’s safety functions under Chief Safety Officer Steve Kenner and to integrate two teams (customer success and remote assistance).
Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in the first quarter of next year, where the company will begin mass producing its branded Titan Silicon anode material. The all-equity Series G round – led by existing investors Sutter Hill Ventures with participation from Bessemer Venture Partners, Coatue, Perry Creek Capital and others – comes as other electric vehicle battery companies struggle to get products to market and stay afloat.
Chewy stock soared after a cryptic tweet from a popular meme stock investor on Thursday.
Reviewers say it 'rivals the performance of high-end brands,' thanks to its thorough cleaning and long-lasting charge — save 40%.
Amazon is folding its Amazon Clinic telehealth service into its primary care business One Medical, the company announced on Thursday. The company explained in today's blog post that, to simplify Amazon’s primary care offering for customers, the service has now been rebranded to Amazon One Medical Pay-per-visit, and now offers more affordable per-visit pricing.
Reliance Jio, India's largest telecoms operator, has initiated what analysts expect to be an industrywide increase in tariffs in the world's second largest wireless market, raising some of its plans by more than 20%. Jio's revised pricing structure, effective July 3, sees its entry-level Rs 155 ($1.87) plan, offering 2GB of data and unlimited calls, increase to Rs 189. Similarly, a plan providing 1GB of daily data usage will rise from Rs 209 to Rs 249.
Outside of AI, few startups have drawn venture investments like climate tech. Climate tech startups like Rondo, especially those that are building hardware, face a particular challenge when trying to move beyond the prototype or pilot phase and start selling finished products to customers. It's very difficult to raise funds at that stage because investors don’t have a blueprint to help them balance risk and reward.
A sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
Meta CEO Mark Zuckerberg announced on Thursday that the company will begin to surface AI characters made by creators through Meta AI studio on Instagram. The social media company's announcement comes on the same day as a16z-backed chatbot company Character.ai is rolling out the ability for users to talk with AI avatars over a call. In a post on his broadcast channel, Zuckerberg noted that these chatbots will be clearly marked as AI so users are aware.
Cobb spent last season with the New York Jets.
Anonymous sources say BMW is killing the 8 Series for a new 6 Series, and that there won't be a second-gen XM. Other anonymous sources say this isn't true.
Don't miss this rare chance to scoop up ultra-soft leggings, hoodies and more for up to 50% off.
The Supreme Court ruled Thursday that emergency room doctors in Idaho can now perform emergency abortions in certain situations in Idaho, despite the state's near-total ban on abortion.
Prince Harry created the Invictus Games Foundation and is being given the Pat Tillman Award for service.