Nexus VC Splits New $700M Fund Between AI and India
Silicon Valley and India-based venture firm Nexus Venture Partners has launched a new $700 million fund, deliberately splitting its capital...
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Marquis Ransomware Attack Exposes 400K US Bank Customers
Texas-based marketing and compliance fintech firm Marquis is notifying dozens of U.S. banks and credit unions that an August 14...
Kalshi Doubles Value to $11B in Explosive $1B Round
Prediction market platform Kalshi officially announced on Tuesday that it has secured a massive $1 billion funding round at an...
ChatGPT Referrals Surge 28%, Feeding Retail Giants
ChatGPT drove a 28% year-over-year surge in mobile shopping referrals to major U.S. retail apps over the Black Friday holiday...
Amazon Launches 30-Minute Delivery to Fight Rivals
Amazon has announced the launch of a new ultra-fast delivery service designed to bring orders to customers in Seattle and...
Cyber Monday Chaos: Shopify Fixes Major Checkout Outage
E-commerce giant Shopify resolved a major system outage on Monday morning, November 27, that blocked thousands of digital merchants from...
Massive Coupang Breach Exposes 34 Million Users
South Korean e-commerce giant Coupang confirmed over the weekend that a massive data breach active for over five months has...
Black Friday Online Sales Explode to Record $11.8B
U.S. consumers drove online spending to an unprecedented $11.8 billion on Black Friday, as shoppers increasingly bypassed physical storefronts to...
NY Law Forces Brands to Reveal Algorithmic Pricing
New York State is forcing businesses to disclose when they use personal consumer data to manipulate costs, implementing a groundbreaking...
OpenAI and Perplexity Target Shopping. Startups Unfazed
OpenAI and Perplexity launched new AI-powered shopping assistant features within their chatbots this week to capture a booming holiday e-commerce...
