administratoir

Millennials Turn to BNPL for Grocery Purchases BY PYMNTS | JUNE 1, 2023 | grocery shopper It may seem surprising that consumers are paying for their milk in installments, but PYMNTS research reveals that grocery is actually one of the most common types of buy now, pay later (BNPL) purchases, especially for millennials. BNPL categories By the Numbers According...

JPMorgan Chase Closing 25% of First Republic’s Branches After Acquisition BY PYMNTS | JUNE 1, 2023 | JPMorgan Chase J.P. Morgan Chase will close 21 of the 84 branches of its recent acquisition, First Republic Bank. About 100 employees will be affected by the closures, Reuters reported Thursday (June 1). They will be offered six-month transition assignments...

Uber Launches Products, Features for Business Travel BY PYMNTS | JUNE 1, 2023 | Business travel is making a comeback and Uber is capitalizing on the trend with new products and features designed to make the journey smoother, more comfortable, and more efficient for business travelers. In a press release posted Thursday (June 1), Susan Anderson,...

Hostaway Raises $175 Million to Expand Property Management Software BY PYMNTS | JUNE 1, 2023 | Hostaway has raised $175 million to expand its property management software for short-term rentals. The firm will use the new funding to accelerate its expansion and continue developing its services, expanding its offerings and improving its platform, Hostaway CEO and...

Amazon Fulfillment Executive Melissa Nick Leaving Company June 16 BY PYMNTS | JUNE 1, 2023 | Amazon Vice President, North America Customer Fulfillment Melissa Nick will reportedly leave the company June 16. Nick will be the latest in a series of executives who have left the company over the past year, CNBC reported Thursday (June 1). In...

Airbnb Sues New York City Over Short-Term Rental Law BY PYMNTS | JUNE 1, 2023 | Airbnb, the short-term rental platform, is taking legal action against New York City over a new law that it claims amounts to a “de facto ban” on short-term rentals. As reported Thursday (June 1) by Reuters, the law, known as...

OpenAI Takes Aim at ‘Hallucinations’ as More Businesses Integrate AI BY PYMNTS | JUNE 1, 2023 | Humanity has always tended to over-trust the computer. Simply put, we have a long history of misplaced, often naïve faith in next-big-thing technologies. This should give firms pause as they race to integrate next-generation generative artificial intelligence (AI) capabilities into...

Report: Companies Using Flexible Accounting Rules to Beat Analysts’ Estimates BY PYMNTS | JUNE 1, 2023 | Companies are reportedly using flexibility in accounting rules to beat analysts’ estimates at a time when business is slowing. This is being done often enough that one gauge of earnings manipulation is higher than it has been in 40...

South Korea uses AI to 'weigh' North Korean leader Kim Jong Un South Korea does not say what software has been used to estimate Kim Jong Un's weight - but cites an intelligence report which suggests the North Korean leader may be battling insomnia. Thursday 1 June 2023 12:26, UK Listen to this article 0:00 / 2:15 1X BeyondWords Audio created using AI assistance March 2021 North Korea's...

Ai-Da the world's first humanoid robot creates beautiful but essentially flawed art - how can we trust AI behaviour? The robot's artwork has gone on display at the London Design Biennale. Her designs are realistic, but nonfunctional, raising the question: Would AI behave in the way we expect it to? Milena Veselinovic News correspondent @M_Veselinovic Thursday 1 June 2023 18:09, UK Listen to this...

Crunch deal to raise US debt ceiling passes through House of Representatives The deal, agreed following negotiations between the Democrats and the Republicans, aims to avert a potentially catastrophic scenario where the US defaults on its national debts. James Robinson Sky News reporter @thejournojames Thursday 1 June 2023 03:47, UK Listen to this article 0:00 / 5:17 1X BeyondWords Audio created using AI assistance Mark Stone PTC1:25 Play Video -...

Bruce Willis dementia diagnosis: Daughter Tallulah reveals 'I knew something was wrong for a long time' Tallulah Willis, 29, said of her father's condition: "I keep flipping between the present and the past when I talk about Bruce: he is, he was, he is, he was. That's because I have hopes for my father that I'm so reluctant to let...

British Airways hit with $1.1m fine by the US government The US Transportation Department said it received more than 1,200 complaints since March 2020 alleging the airline failed to provide timely refunds. Sarah Taaffe-Maguire Business reporter @taaffems Thursday 1 June 2023 21:36, UK Listen to this article 0:00 / 2:33 1X BeyondWords Audio created using AI assistance Why you can trust Sky News British Airways...

President Joe Biden trips and falls during graduation ceremony As the president was helped up by an Air Force officer and two members of his US Secret Service detail, he was seen pointing behind him at a sandbag. Thursday 1 June 2023 22:44, UK Listen to this article 0:00 / 4:19 1X BeyondWords Audio created using AI assistance President Joe Biden falls on stage in Colorado. Pic:...