Massive data breach exposes 2.7 billion US records online
In a significant cybersecurity incident, over 2.7 billion records from US data firms have been exposed online. This massive data breach, reported on August 16, 2024, highlights the pressing need for stronger data protection and identity theft safeguards. The leaked…
Party City welcomes new CEO from Global Industrial
Party City Holdco Inc., the leading retailer of party supplies, has appointed Barry Litwin as its new president and chief executive officer. This strategic decision comes at a pivotal moment for the company, which has faced various challenges in the…
Top investor urges boards to strengthen AI competency
In today’s rapidly changing business landscape, the integration of artificial intelligence (AI) is not just a trend but a necessity. Top investors are urging corporate boards to strengthen their AI competency to maintain competitiveness and respond effectively to market dynamics….
Controversial California AI bill aims to prevent major disasters
California’s proposed SB 1047 bill is stirring significant debate in technology circles, aiming to regulate large-scale artificial intelligence (AI) systems. Advocates argue that this legislation is essential to mitigate potential risks associated with unregulated AI models, which could lead to…
Harris Presidential Campaign Takes Aim at High Food Prices
If elected president this November, Vice President Kamala Harris aims to introduce a groundbreaking ban on price gouging in the food and grocery sector. Harris’s campaign outlines that her proposal will establish “clear rules of the road” to prevent large…
Grocery Outlet Highlights ESG Progress
Grocery Outlet Holding Corp. has recently published its second annual Impact Report, showcasing progress in its commitment to social and environmental responsibility. RJ Sheedy, CEO of Grocery Outlet, emphasizes that the company’s mission, “Touching Lives for the Better,” has been…
Key Takeaways from Nexi Nets E-Commerce Report 2023: Deutschland
The Nexi Nets E-Commerce Report 2023 illustrates a significant transformation in Germany’s online shopping landscape, highlighting consumer behaviors and emerging trends that shape the market. With 89% of Germans reporting an online purchase within the last month, online shopping isn’t…
Supermarkets Can Benefit From the Back-to-School Spending Boost
The back-to-school (BTS) season offers supermarkets a chance to capitalize on heightened consumer spending, especially as shoppers seek value amidst rising costs. Many consumers are turning to private label products, exploring less expensive retailers, and hunting for promotional deals to…
Texas Instruments to receive $1.6 billion US funding
In a strategic move to bolster its semiconductor production, Texas Instruments (TI) has secured $1.6 billion in funding from the U.S. government. This investment, under the CHIPS Act, is aimed at expanding TI’s manufacturing capabilities in the face of growing…
TikTok challenges US law over China ties in court
In a significant legal move, TikTok is challenging U.S. laws linked to its operations and alleged ties to China. The company argues that these laws infringe on its rights to free speech and are based on misleading narratives concerning its…
