PYMNTS News

The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
September 06, 2024  |  artificial intelligence

In a whirlwind week for AI, OpenAI co-founder Ilya Sutskever’s new venture secured $1 billion for ‘safe’ superintelligence, while AI-driven drug discovery hit roadblocks in...

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Report: Apple Approves WeChat Update, Allows Time for Fee Negotiations
Report: Apple Approves WeChat Update, Allows Time for Fee Negotiations
September 06, 2024  |  Apple

Apple reportedly approved an update to Tencent Holdings’ WeChat app, just in time for the release of the iPhone 16. The move by Apple allows...

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UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law
UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law
September 06, 2024  |  Google

The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance...

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Mastercard’s Crypto Debit Card Integrates With Apple and Google Pay
Mastercard’s Crypto Debit Card Integrates With Apple and Google Pay
September 06, 2024  |  Cryptocurrency

More than half a billion people own crypto, primarily as a speculative investment. And now, with the news Thursday (Sept. 5) that Mercuryo has launched...

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Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
Labor Market Slows, Dimming Hopes of Workers Looking to Change Jobs
September 06, 2024  |  Economy

On the face of it, the jobs report released Friday (Sep. 6) had some good news — at least for those looking for confirmation that...

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Walmart Launches Traveling Tour to Promote Fashion Products and Services
Walmart Launches Traveling Tour to Promote Fashion Products and Services
September 06, 2024  |  Retail

Walmart has launched a traveling tour that will promote the fashion products and services the retailer offers in stores and online. The Walmart Style Tour,...

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AI Startup’s $1B Windfall Signals Potential Shake-up in Global Business Landscape
AI Startup’s $1B Windfall Signals Potential Shake-up in Global Business Landscape
September 06, 2024  |  artificial intelligence

A three-month-old artificial intelligence (AI) startup’s eye-popping $1 billion funding round could signal a shift in how the technology affects commerce. Safe Superintelligence (SSI), co-founded...

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Real-Time Payments Reach Key Milestones in the US, Switzerland and Australia
Real-Time Payments Reach Key Milestones in the US, Switzerland and Australia
September 06, 2024  |  Real-Time Payments

Real-time payments continue their rapid global expansion, with banks and governments updating existing systems and introducing new ones for their citizens and customers. Australia is...

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Amazon Counters Walmart’s Grocery Lead With Third-Party Delivery Play
Amazon Counters Walmart’s Grocery Lead With Third-Party Delivery Play
September 06, 2024  |  Retail

As Amazon looks to shrink Walmart’s lead in food, the eCommerce giant is expanding its presence in third-party grocery delivery. Consumers in the Seattle area...

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