Walmart-Backed Flipkart Readies Mumbai IPO
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wedn...
Stitch Fix Clients Seek New Sizes as GLP-1 Use Climbs
Stitch Fix used its fiscal second-quarter earnings call to highlight how artificial intelligence and data-driven personalization are reshaping the way consumers discover and purchase apparel on its pl...
PayPay Eyes Lower IPO Price Amid Market Turbulence
Japanese digital wallet provider PayPay plans to price its U.S. initial public offering at $16 per share, lower than its marketed range of $17 to $20, Bloomberg reported Wednesday (March 11), citing u...
FDIC Plans to Block Stablecoins From Pass-Through Insurance
The Federal Deposit Insurance Corporation (FDIC) plans to propose rules saying that stablecoins are not eligible for FDIC pass-through insurance, and that tokenized deposits are eligible for such insu...
Ars Fires Reporter For Accidentally Using Fake AI Quotes
Last month we reported on a strange story in two strange parts: first, a coder had his AI agent create an entire smear campaign against a coding repository volunteer because he rejected AI code. Secon...
McDonald’s Plans to Offer $3 Meals as Diners Seek Affordability
McDonald’s is reportedly planning to lower the cost of its value meals even further.
Beginning next month, the fast food giant will debut a series of new discounts that include meals tha...
OpenAI Moves Commerce Focus to Brand-Owned ChatGPT Apps
OpenAI is shifting the focus of its commerce efforts to retailers’ ChatGPT apps after scaling back its plans to sell products directly through ChatGPT checkouts, The Information reported Wednesda...
