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Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. Source link
Amazon Delivers Surprisingly Strong Profit
The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link
New Definition of 'Fraud' Wipes Out High-Profile Prosecutions
Fraud doesn’t mean what it used to—and several high-profile federal prosecutions are falling apart as courts apply the Supreme Court’s more-narrow legal definition. Source link
How Primark Built a Thriving Business Without Selling Online
E-commerce is booming, but Primark is increasing its revenue by focusing on retail stores. WSJ’s Trefor Moss explains how Primark has gained a foothold in
Meta's Ray-Ban Smart Glasses Fail to Catch On
The company plans the release of the second generation as less than 10% of the devices purchased are used monthly, an internal company document shows.
Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign
Bud Light has continued losing ground with consumers during a busy season for the beer industry even as the brand runs its biggest ever summer
Maaco, Meineke Owner Is Hit By Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
Don't Fly Without These Five Travel Apps
When facing today’s travel challenges, it pays to have a smartphone loaded with extra help. Source link
Business Meals Are Back With a Vengeance, and Everyone Feels Awkward
Business lunches, dinners and networking events, with passed trays of canapés, are back with a vengeance this year. So are the awkward performances that attendees
What a Slowdown in Spending by Some Marketers Means for Ad Holding Companies
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