The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier announced a plan to resign from the role by the end of 2023. He will…
Mike Coop, chief investment officer at Morningstar Investment Management, says market participants are “overconfident” in their ability to predict the long-term impact of AI. Despite the setback so far this month, optimism about AI’s potential to boost future profits has lifted the tech-heavy NASDAQ Composite over 38% for the year, while the S&P 500 is…
Zoom wants to train its AI models using some of your data, according to the recently updated Terms of Service. The latest update to the video platform’s terms of service adds sections on software licensing, beta services, and compliance, but if you skip that, the fine print appears to be a key decision in Zoom’s…
Amazon is successfully marching toward making same-day or next-day delivery the standard for Prime loyalty club members. Recently Amazon said it reached an important milestone in that direction. So far this year, the company delivered 1.8 billion packages to US Prime members on the same or next day, around four times the speed in 2019. Over…
