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Opinion: The era of the 'mobile-first' consumer | Opinion

Prasad Shejale Over the past couple of years, India has made massive investments to ensure advancements in the digital ecosystem, and initiatives like Digital India have improved connectivity across cities and villages. The country has taken a giant leap in the digital revolution through 4G; thus, the aggregate number of internet users in India exceeds the aggregate number of internet users in some developed economies. The country is home to the lowest per GB cost globally; one gigabyte (1GB) ...
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01Mar2021 Market Close: February 2021 ISM And Markit Manufacturing Surveys Mixed, DOW Closes Sharply Higher +603, Nasdaq +3.0%, Gold Slips 1725, WTI Crude Settles At 60.42

US stocks close higher to kick off March as economic outlook brightens (SPY +2.4%). Iran rejects EU offer to resume nuclear talks with US. The Market in Perspective Here are the headlines moving the markets. Oil Workers Move To Renewable Jobs, But The Pay Is Lower As thousands of oil and gas jobs disappeared during the oil price and demand crash last year, more and more former oil workers moved to jobs in the clean energy business, but they have also taken a pay cut moving to renewables as t...
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McDonald's reportedly mulls partial sale of AI unit Dynamic Yield

Dynamic Yield was acquired by McDonalds in 2019 and allows the fast food giant to show food recommendations based on time of day, weather, current restaurant traffic and trending menu items.
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E-Commerce Working Beautifully for the Cosmetics Industry

); //]]>//--> By Vivian Wagner Dec 17, 2020 5:00 AM PT Cosmetics companies traditionally have relied on in-person retail sales to attract new customers and maintain existing clientele. The pandemic, however, has upended the cosmetics industry, bringing new challenges as well as a host of opportunities for companies that are agile and creative enough to take advantage. The E-Commerce Times spoke with experts in cosmetic sales and e-commerce about trends in this dynamic and evolving industry. Per...
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01Mar2021 Midday Update: Dow Rallies 2%, Heads For Biggest Gain In Nearly 4 Months As Bond Yields Decline, DOW Up Almost 600 Points At 1:30 ET, Nasdaq Up 2.6%, Gold Lower At 1726, WTI Crude Slips To 61.01, Bitcoin 48700

Less than a month ago, Lex Greensill was heralded as "the king of supply-chain finance"... London-based Greensill Capital was heralded for apparently revamping the humdrum business of supply-chain finance, a kind of lending that speeds up payments between companies. Bloomberg reported in early Feb that the 44-year-old financier says the firm provided $150 billion to businesses and customers in 175 countries last year. ... Senate Democrats are ditching a proposal to use tax code to penalize co...
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McDonald's Considers Partial Sale of Technology Startup Dynamic Yield

McDonalds doesnt breakout the financial performance of Dynamic Yields business. Dynamic Yield has additional clients in the retail space, and McDonalds said the potential sale would be related to the third-party business, not what the company does for the fast-food giant. McDonalds said the potential sale is exploratory and preliminary at this point and it is possible it might not happen. The possibility of a sale was first reported by The Wall Street Journal. "The potential sale of the non-Mc...
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McDonald's says mulling partial sale of digital unit

McDonald’s Corp is weighing the sale of part of digital start-up Dynamic Yield, which it bought two years ago in a bid to boost drive-through and in-restaurant kiosk orders, the two companies said on Saturday. McDonald’s had originally looked to the artificial intelligence business to provide personalized digital promotions to consumers, which would vary depending on the time of day, weather and wait times. A potential partial sale of the company had “been discussed from the outset, and no...
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Financial Daily Dose 3.1.2021 | Top Story: Walmart Poaches Goldman Bankers in Bid to Bolster Fintech Venture | Robins Kaplan LLP

To embed, copy and paste the code into your website or blog: Walmart’s recent move to hire away a “pair of senior Goldman Sachs bankers” to head up the retailer’s new fintech startup (a collaboration with Ribbit Capital) has tongues wagging about the company’s ambitions to shove its way into the banking business and “intertwine itself in the financial lives of its customers” - Bloomberg and WSJ Now that Adam Neumann’s squared away [shares purchased, lawsuit settled], SoftBank’...
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