The Business & Technology Network
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ChatGPT users can now chat with several third-party apps while in conversation with the chatbot. OpenAI announced this feature called Apps in ChatGPT, together with an Apps SDK for developers that enables them to build these kinds of apps, in a Monday (Oct. 6) press release. The first apps are now available to all logged-in ChatGPT users on Free, Go, Plus and Pro plans, except those in...
The Supreme Court has declined to hear Live Nation’s appeal in a consumer antitrust case. The justices let stand an appeals court decision which had found that the ticketing company’s arbitration agreements with customers were “unconscionable” and unenforceable under California law, Bloomberg News reported Monday (Oct. 6). As the report noted, Live Nation, parent company of...
Until recently, the biggest concern for someone using a credit card abroad was that their bank might block the transaction as potential fraud. The fix was to call customer service and confirm the transaction by voice. The card would be unblocked. The process relied on a simple assumption that the person on the phone was who they claimed to be. That assumption no longer holds. A new...
American Express has introduced a digital advertising platform dubbed Amex Ads. Announced Monday (Oct. 6) the platform is designed to let brands connect with the company’s 34 million consumer card members in the U.S. Starting on AmexTravel.com and ultimately moving to other Amex-owned platforms, “brands can serve high-spending Card Members relevant, contextual ads in the moments they...
Holders of premium credit cards are reportedly paring down the number of such cards they carry after recently announced increases in annual fees. These moves come after JPMorgan Chase raised its annual fee on its Sapphire Reserve card by 45% to $795 in June, and American Express said in September it was raising the annual fee on its Platinum card by $200, the Wall Street Journal...
Vehicle-based payments firm Car IQ has introduced a new fuel-spend control feature. Station Controls, announced by the company Monday (Oct. 6), is part of the Car IQ Pay platform that offers fleets real-time control over fuel spend by automatically blocking high-cost stations and steering drivers to more cost-effective alternatives nearest to them. “Fuel remains the largest and most...
Billions are flowing into AI, but not where they used to. The largest funding rounds this week went to startups working on deployment, compute and pricing, the systems that determine whether AI can operate efficiently and profitably. The focus is shifting from invention to execution as investors look for what they can scale. Vercel raised $300 million dollars at a $9.3 billion...
Walmart has entered the real estate business by purchasing a Pittsburgh-area mall. News of the $34 million acquisition first broke in February, and eight months later, it’s still not quite clear what the retail giant plans to do with the Monroeville Mall, according to a Monday (Oct. 6) New York Times (NYT) report. Tenants, however, are worried about their new landlord. “The entire...
Treasury Secretary Scott Bessent appointed Social Security Administration Commissioner Frank Bisignano to serve in an additional role: the newly created position of CEO of the IRS. Bisignano will continue to serve as commissioner of the SSA. In his role as CEO of the IRS, Bisignano will report to Bessent, who is also acting commissioner of the IRS, the Treasury Department said in a...
The European Union’s markets watchdog is set to begin monitoring cryptocurrency companies. Verena Ross, chair of the European Securities and Markets Authority (ESMA), said the European Commission is drawing up plans that would move regulation of crypto firms, clearing houses and stock exchanges from national organizations to the authority, the Financial Times reported Monday (Oct. 6)....