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Institutional investors flocked to establish new stakes in semiconductor firms in first quarterInstitutional investors actively bought shares in semiconductor companies such as Micron and Intel during the first quarter. This move posi...- Airbnb says AI now pens 60% of its code as tech firms trim teamsAirbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner too...
- Google teams up with Walmart and other retailers to enable shopping within Gemini AI chatbotAn instant checkout function will allow customers to make purchases from some businesses and through a range of payment providers without l...
- Ecommerce majors tweak listings for better AI chatbot visibilityMarketplaces are looking to show up better on chatbots like ChatGPT, Perplexity, Claude, Google Gemini and other silicon savants that users...
- OpenAI working on payment checkout system within ChatGPT: ReportThe move would allow OpenAI to tap a new source of revenue, taking advantage of the heavy user traffic on ChatGPT, in addition to its tradi...
- How Kanye West tricked the Super Bowl into airing a commercial for his pro-Nazi merchandise?Kanye West managed to air a Super Bowl commercial, leading to outrage when his website started selling a t-shirt featuring a swastika short...
- Shopify merchants seek AI boost for key sales decisionsAnalysts expect sales of Shopify's merchant products, which includes Shopify Magic, to increase 21% to $1.2 billion compared to last year, ...
- Shopify sells shipping service firm Deliverr, other assets amid narrowing ambitionsMost of Shopify's fulfillment assets will be acquired by logistics provider Flexport in an all-stock deal that also includes the sale of th...
- Shopify to lay off 20% of its workforce, beats quarterly revenue estimatesThe company posted revenue of $1.51 billion in the quarter ended March 31, compared with analysts' estimate of $1.43 billion, according to ...
- Etsy, other ecommerce companies feel squeeze of SVB collapseApproximately 0.5% of Etsy's active sellers - or around 2,700 merchants - had their payments delayed on Friday after SVB's collapse, accord...
- Amazon to widely launch 'Buy with Prime', says offering improved merchant sales'Buy With Prime', which was launched as an invite-only offering in April, will be widely available to U.S.-based merchants by Jan. 31, the ...
- Shopify lays off 1,000 employees a day before quarterly results: reportThe laid-off employees will be notified on Tuesday, The Wall Street Journal reported.
- Shopify partners with YouTube to make purchases easierNearly 90% of viewers believe YouTube creators offer recommendations they can trust, and almost as many (87%) say they get the highest qual...
- Shopify unveils new tools, Twitter tie-up to beat ecommerce slowdownMore than a 100 new tools were unveiled on Wednesday, including ones to support its plans to push into business-to-business, for shoppers t...
- The rise of fintech: Banking is dead, long live bankingGlobal brands are cutting out the traditional financial middleman and plugging in software from fintech startups to offer customers everyth...
- Facebook's payment system will extend to online retailers in AugustAs per The Verge, online shoppers will eventually see another option listed next to the usual payment methods, now that Facebook Pay will e...
- An unlikely competition: How Shopify is mounting a serious challenge to Amazon and FlipkartShopify has been quietly and assiduously chipping away as an alternative to Amazon and Flipkart by getting small businesses to use its plat...
- Young shoppers to change ecommerce landscape: ShopifyWhile the pandemic kick-started a behavioral shift to ecommerce, the highest shift was seen in young and middle aged consumers. Around 85 p...
- Small sellers find an online route to customers via tech platformsSellers find alternative channels of business as cost of sales rises at ecommerce marketplaces.
- E-commerce platform provider Shopify forays into Indian marketCanada based e-commerce platform provider, Shopify has forayed into the Indian market in partnership with Singapore's SingTel
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