AI Shopping Platform Daydream Launches in the US A new player has entered the online shopping arena in the United States, and it’s not your typical e-commerce platform. Daydream, co-founded by Julie Bornstein, is set to revolutionize the way we shop online by harnessing the power of artificial intelligence. With the capabilities of large language […]
Wikipedia halts AI summaries test after backlash
Wikipedia Halts AI Summaries Test After Backlash Wikipedia, the go-to online encyclopedia for millions worldwide, recently made waves in the tech community by testing AI-generated summaries for a small subset of articles. However, this experiment was swiftly halted following a significant backlash from editors and users alike. The reason? Concerns that AI summaries could potentially […]
Can Stitch Fix Revive Its Subscription Box Model?
Can Stitch Fix Revive Its Subscription Box Model? Stitch Fix, the popular online personal styling service, has been on a rollercoaster journey in recent years. After facing 12 consecutive quarters of topline contraction, the company is finally seeing a glimmer of hope under the leadership of chief executive Matt Baer. Baer has shifted the company’s […]
M&S resumes online orders after cyberattack
M&S Resumes Online Orders After Cyberattack In the fast-paced world of e-commerce, cyberattacks have become an unfortunate reality that businesses must constantly guard against. Recently, retail giant M&S fell victim to such an attack, which not only disrupted its online operations but also resulted in a staggering loss of up to £300 million in potential […]
Retailer Temu’s Daily US Users Halve Following End of ‘De Minimis’ Loophole
Retailer Temu’s Daily US Users Halve Following End of ‘De Minimis’ Loophole The landscape of e-commerce is in a state of constant flux, with regulations and loopholes playing a significant role in shaping the way businesses operate. The recent closure of the ‘De Minimis’ loophole has had a profound impact on the US-based users of […]
AI Shopping Is Coming to Google
AI Revolutionizing Shopping: Google’s Latest Innovations at I/O Conference Google, known for its constant innovation and advancement in technology, has once again made headlines with its latest announcement at the annual I/O developer conference. The search giant unveiled a new shopping experience that is set to revolutionize the way consumers find and purchase products online. […]
Mytheresa Reports Slower Sales Growth
Mytheresa Reports Slower Sales Growth Mytheresa, the renowned German e-tailer, has been navigating through a period of slower sales growth, facing challenges that have put its ability to outperform the broader luxury market to the test. Despite its aspirations to solidify its position as a leader in online luxury retail, the company encountered uncertainty in […]
UK police struggle to contain online misinformation
UK Police Struggle to Contain Online Misinformation In 2024, the United Kingdom was rocked by a series of riots that were fueled, in part, by the spread of misinformation online. The posts related to the riots were allowed to propagate unchecked, largely due to regulatory delays and challenges faced by law enforcement agencies in combating […]
Hackers hijack NY Post X account to scam crypto users
When Cybercrime Meets Crypto: Hackers Hijack NY Post X Account to Scam Users In a world where digital threats loom large, the recent exploitation of the New York Post’s verified X account serves as a stark reminder of the dangers that can arise in the online realm. What initially seemed like a routine social media […]
Etsy Tops Quarterly Revenue Estimates on Steady Demand for Apparel, Gifts
Etsy Tops Quarterly Revenue Estimates on Steady Demand for Apparel, Gifts Etsy, the renowned online marketplace for handcrafted goods and unique finds, has once again proven its dominance in the e-commerce sector by surpassing first-quarter revenue expectations. This impressive feat not only highlights the platform’s strong performance but also underscores the unwavering demand for artisanal […]