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FTX’s Caroline Ellison Set to Leave Prison Early
A key figure in the collapse of cryptocurrency exchange FTX is nearly set to leave prison. Caroline Ellison, a key prosecution witness during the fraud trial of FTX CEO Sam Bankman-Fried, i...

OpenAI Seeks AI Safety-Focused ‘Head of Preparedness’
OpenAI is hiring an executive focused on AI-related risks to mental health and computer security. Writing in an X post Saturday (Dec. 27), CEO Sam Altman said that the new “Head of Prepar...

Retailers Feel Shortchanged by Penny Shortage
America’s retailers are reportedly unhappy with the end of penny production. According to a recent report by Chain Store Age, the Retail Industry Leaders Association (RILA) is calling on ...

Student Debt Increasingly Wiped Away by Bankruptcy
Student loan borrowers are seeing increased success in discharging their loans in bankruptcy court. That’s according to a report Sunday (Dec. 28) by The New York Times (NYT), citing a stu...

Hotels Swap Online Travel Agents for AI Agents
Consumers are growing comfortable with letting artificial intelligence (AI) agents plan their vacations. And so the world’s biggest hotel companies are working to get consumers to book di...

Lloyds Shelves Invoice Financing as Small Businesses Shift Away
British bank Lloyds is reportedly ending its small-business-focused invoice financing program. The factoring program will close by the year’s end, the Financial Times (FT) reported Sunday...

FIFA World Cup Turns Fandom Into an Experience Economy Moment
The last of the holiday glitter is still stuck to your shoes, but the digital economy is already dangling a shinier object: the 2026 FIFA World Cup. As our audience sharpens New Year’s intentions—...

Activist Investor TCIM Makes ‘Significant’ Investment in Target
Toms Capital Investment Management (TCIM), a U.S. hedge fund known to be an activist investor, reportedly made a “significant” investment in Target. The size of the hedge fund’s st...

Agentic AI Takes the Wheel in Travel Planning and Booking
Travel commerce is shifting from discovery to decision-making as artificial intelligence (AI) agents take control of itineraries and transactions. This transition is underpinned by a critic...

Ex-Yahoo CEO Marissa Mayer Launches Agentic AI Startup
Dazzle AI, a new startup founded by former Yahoo President and CEO Marissa Mayer, raised $8 million in a seed round. The company achieved a $35 million post-money valuation in the round, it...