Elon Musk loses world’s richest person title to Jeff Bezos
By Bloomberg Published Mar 4, 2024 For the first time in more than nine months, Elon Musk is no longer the world’s richest person. Musk lost his position atop the …
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Amazon posts AI-fueled cloud, ecommerce growth, shares jump
By Reuters Published Feb 2, 2024 Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical …
NGO’s report trounces fashion giants
Translated by Nicola Mira Published Jan 25, 2024 H&M, Gap, Lululemon, Inditex and Gap were frequently mentioned in a report by the New Climate Institute NGO, focusing on the energy …
Bill Gross sticks to wager on Michael Kors owner even as doubts linger on deal
By Bloomberg Published Jan 10, 2024 Bill Gross is sticking with his wager on Capri Holdings Ltd. even as traders worry that a proposed takeover of the Michael Kors parent …
Google faces $1.67 billion damages demand at AI-related patent trial
By Reuters API Published Jan 9, 2024 Alphabet’s Google went before a federal jury in Boston on Tuesday to argue against a computer scientist’s claims that it should pay his …
Boots is testing ‘AI personal shopper’
In a further move to regain its lead in the UK beauty market, Boots is planning the launch of a pioneering ChatGPT ‘personal shopper’ for its website. Boots The high …
Luxury vintage e-tailer ReSee names Vestiaire Collective co-founder Sébastien Fabre as CEO
Translated by Nicola Mira Published Dec 6, 2023 ReSee has appointed a new, high-calibre CEO. The French luxury vintage e-tailer, founded in 2013 by Sofia Bernardin, previously with Vogue New York, and …
ChatGPT’s creator OpenAI in midst of staff switch linked to AI risks
Translated by Nicola Mira Published Nov 23, 2023 OpenAI, which in the last year has emerged as the king of generative AI, risks collapsing after the ousting of its boss, …
Hermès, Zara, and Sephora surge in the ranking of world’s most valuable brands
Translated by Roberta HERRERA Published Nov 22, 2023 Led, just like in 2022, by Apple, Microsoft, and Amazon, the 2023 ranking of the world’s most powerful brands has been unveiled …
Amazon’s cloud stabilizing, shoppers cautious heading into holiday season
By Reuters Published Oct 27, 2023 Amazon.com on Thursday said growth in its cloud business is stabilizing as it signed new deals, but warned that consumers remained wary about spending …