Amazon Eyes $50 Billion OpenAI Stake
Amazon is discussing investing as much as $50 billion in OpenAI, The Wall Street Journal reported Thursday (Jan. 29), citing unnamed sources.
The move that would mark one of the largest sin...
Caterpillar Reports Growth From Data Center Demand
Caterpillar is reshaping how customers use its equipment as demand shifts toward data centers, autonomous operations and energy reliability. On its latest earnings call, held on Thursday (Jan. 29) the...
D2C Retrenchment Sees Brands Rewrite the Brick-and-Mortar Playbook
At a high level, the direct-to-consumer (D2C) model arrived with the promise to eliminate intermediaries, speak directly to customers, and use digital channels to deliver lower prices, tighter feedbac...
SAP Stock Sees Biggest Drop Since 2020 Over Cloud Concerns
Shares in German tech giant SAP have reportedly seen their largest one-day loss since 2020.
The decline came as the company rattled investors over the health of its cloud computing business...
Starbucks Brings Back Tiered Rewards Program
Starbucks is preparing to launch an updated version of its loyalty rewards program.
Beginning March 10, the coffee chain will offer a three-tiered rewards structure, with “Green,” “G...
Bitget Turns Crypto Wallet Into Payment-Centric Finance App
Cryptocurrency exchange Bitget said in a Thursday (Jan. 29) press release that its wallet is now an “everyday finance app,” as it updated its interface to make payments the focal point.
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Crypto IPOs Are Getting Boring, and That’s the Point
The cryptocurrency industry’s teenage years were tumultuous, to say the least.
Crypto-native investors, builders and in-crowd stakeholders cycled through booms and busts, chased speculat...
