May, 2025

May, 2025

British Retailer M&S Says Cyberattack Will Cost It $400 Million
The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month....

Coca-Cola grants vote of confidence to WPP with Open X renewal
WPP has retained its account with Coca-Cola, one its largest clients, according to the global beverage giant’s chief marketing officer Manuel Arroyo. Writing on LinkedIn, the CMO said Coca-Cola h...

Google Unveils AI Tools to Help Brands, Retailers Drive Commerce Growth
Google on Wednesday (May 21) unveiled a slew of artificial intelligence (AI)-powered tools to help brands drive growth in shopping and ad effectiveness. “The future of advertising fueled by AI isn�...

Big Banks Eye Crypto, But Can Smaller Lenders Win Retail Wallet?
New rules for cryptocurrency could be around the corner in the U.S., and in many ways the industry is already preparing for its fully-mainstream debut. There are few more telling signs of the shift th...

OpenAI Texas Data Center Lands $11.6 Billion in Funding Commitments
One of OpenAI’s future data centers has reportedly secured $11.6 billion in funding commitments. The center, set to become the ChatGPT maker’s largest, is being constructed in the Texas community ...

Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for fiscal 2025. “In the first quarter, our team and our busi...

Coalition Asks US House to Reject Freeze on State AI Regulations
More than 140 organizations are asking U.S. House leaders to reject a proposed 10-year freeze on state-level regulation of artificial intelligence (AI), saying it would remove corporate accountability...

FIS and Kipp Team to Prevent Debit Card Declines
FinTech company FIS teamed with Kipp, a collaboration platform for card issuers and merchants. The partnership introduces what FIS called a non-sufficient funds (NSF) authorization tool for debit card...

eCommerce Growth Slows After Q4 Surge, Still Outpaces Overall Spending
Consumers are tightening their grips on their wallets — digital ones and the ones kept in pockets and purses — and y...

Big Tech’s Enterprise Cloud Launches Move AI From Feature to Framework
Dynamic and uncertain times can help build nimble companies. Modern finance, IT and treasury departments are under pressure to manage a range of workloads. From traditional applications like virtual m...

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B&T Television

July