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Microsoft and others are making new tools to help small businesses capitalize on A.I.

24Jan

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Technology

Microsoft and others are making new tools to help small businesses capitalize on A.I.

[ad_1] The influx of generative artificial intelligence software is transforming small businesses. Small business owners are using A.I. tools like OpenAI's ChatGPT, Google's Bard and others to check grammar in emails, punch up marketing copy and research business plans. What's more, bigger companies are developing tools specifically to help small businesses integrate A.I. into their operations in more advanced ways.Microsoft's Copilot lets users ask software to perform tasks like summarize an email or a Teams meeting, come up with key themes in a document, or draft emails in a conversational tone in Outlook. We are on WhatsApp Channels. Click to join. The service, which costs $30-a-month per employee, was recently expanded from companies with at least 300 employees to all companies, so...

Black Friday Sales: Picky US shoppers saying ‘No deals’, Waiting for bigger bargains

26Nov

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Technology

Black Friday Sales: Picky US shoppers saying ‘No deals’, Waiting for bigger bargains

[ad_1] Black Friday sales show US shoppers are watching their wallets and holding out for deeper discounts, which sets retailers up for a subdued holiday shopping season and potentially lackluster earnings results early next year. Consumers aren't spending at the same pace they did during the past couple of years, when the holidays were marked by post-pandemic splurges. While estimates on brick-and-mortar Black Friday sales won't be available for some time, Salesforce Inc. expects online US sales to grow 1% in November and December versus a year earlier, which would be the slowest growth in at least five years. Sales were in line with that figure on Thanksgiving Day and appeared to pick up speed on Black Friday, the software company said. Some shoppers said they were unimpressed by t...

Cos using GenAI should follow self-regulation to unlock potential: Mastercard CEO

26Aug

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Technology

Cos using GenAI should follow self-regulation to unlock potential: Mastercard CEO

[ad_1] Mastercard CEO Michael Miebach on Friday said Generative Artificial Intelligence (GenAI) offers 'tremendous opportunities' and companies should follow self-regulation to unlock its potential.Miebach also suggested that companies using GenAI should follow four key principles -- transparency, privacy and security, accountability and integrity -- before a full fledged regulation comes in for the sector. When there were concerns of data security and privacy, digital finance companies had adopted a self-regulation model, he said. “Mastercard very simply said you are a customer, you control your data, you benefit from your data and it's the industry's job to keep it safe. Can we do the same thing with AI. As an industry can (we do) a self regulation and that (can) lead into regulatory ...

Apple Starts to Roll Out ‘Pay Later’ Service After Long Delay

29Mar

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Technology

Apple Starts to Roll Out ‘Pay Later’ Service After Long Delay

[ad_1] Apple Inc. began rolling out its first “buy now, pay later”-style service after a lengthy delay, entering a field currently dominated by Affirm Holdings Inc., Klarna Bank AB and others.The service, called Apple Pay Later, will divide purchases into four payments, spread over six weeks, with no interest or fees. It resides in the iPhone's Wallet app, with users able to borrow amounts of $50 to $1,000 from Apple. The feature was first unveiled in June of last year as part of a broader push into financial services. Apple Pay Later was expected in September, but took several more months to be ready. The company said that a “pre-release” version of the service will be available for users on a “randomly selected” basis and that it plans to introduce it for all customers in the “coming ...

Apple Expands Testing of ‘Buy Now, Pay Later’ Service to Retail Employees

9Feb

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Technology

Apple Expands Testing of ‘Buy Now, Pay Later’ Service to Retail Employees

[ad_1] Apple Inc. has expanded an internal test of its upcoming “buy now, pay later” service to the company's thousands of retail employees, a sign the long-awaited feature is finally nearing a public release.The tech giant contacted retail staffers this week to offer them a test version of the service, according to Apple workers who asked not to be identified. The offering, called Apple Pay Later, lets shoppers split the payment for purchases into installments. The company previously rolled out a test for corporate employees. The offering will vault Apple into a fast-growing financial market, but it's already faced several setbacks. The service was first announced last June and was planned to be released last September as part of iOS 16. Instead, it was delayed until 2023 after techni...

Apple Pay Later enters expanded beta testing, can launch soon; Know what it is

8Feb

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Technology

Apple Pay Later enters expanded beta testing, can launch soon; Know what it is

[ad_1] Buzz around Apple Pay Later first began last year after it was announced in the Worldwide Developers Conference (WWDC) 2022. It was a ‘buy now, pay later' model service which would allow users to split their bills in equal parts and pay it over a period of time. But the feature did not make it to the public last year and many have been wondering about its launch. Reports are now suggesting that this new financial service by Apple can soon be launched after the beta testing phase was expanded to all the Apple retail employees in the US.According to a report by Bloomberg's Apple tipster Mark Gurman, Apple made a beta version of the service available to its company's more than 80,000 retail employees in the US as an expanded testing of the product. It is now believed that a public ...

Mastercard Debuts Service Offering Crypto-Trading Tied to Bank Accounts

18Oct

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Technology

Mastercard Debuts Service Offering Crypto-Trading Tied to Bank Accounts

[ad_1] Mastercard Inc. debuted a service that will let consumers buy and sell digital assets through their bank accounts… Mastercard Inc. debuted a service that will let consumers buy and sell digital assets through their bank accounts, potentially paving the way for thousands of finance firms to offer crypto trading for the first time.The product, called Crypto Source, will start in the US, Israel and Brazil early next year through a pilot program, Ajay Bhalla, Mastercard's president of cyber and intelligence, said in an interview. He declined to say which banks would be the first to participate. While banks have been warming up to crypto over the past few years, the vast majority have shied away from holding virtual currencies and offering them to their retail clients because of reg...