Autos Dealers Get Creative To Avoid Inventory Vertigo

How do car dealers manage to pull in profits while automakers pivot product mix to meet customer preferences? Execs at two large dealer groups reveal creative tactics.

Startup Bets On Broadway Ticket Subscriptions

Broadway’s newest ticketing venture wants theatergoers to subscribe instead of splurge.

Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart
Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart

Getty is planning to axe its $3.7 billion merger agreement with Shutterstock after a UK regulator imposed restrictions that would prevent part of Shutterstock’s business from being included in the deal. The move comes despite the US Department of Justice granting the deal “unconditional antitrust clearance” in February. In an SEC filing published on Tuesday […]

OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI
OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI

CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who …

Bending Spoons prices IPO above range to raise $1.68bn ahead of Nasdaq debut
Bending Spoons prices IPO above range to raise $1.68bn ahead of Nasdaq debut

Bending Spoons, the Milan software group that owns Vimeo, WeTransfer and Evernote, has priced its US initial public offering above the marketed range to raise $1.68bn. The company and existing shareholders, including Baillie Gifford, sold 57.97 million…

Uber-backed Lime prices its IPO at $25 a share, raising about $174m
Uber-backed Lime prices its IPO at $25 a share, raising about $174m

Lime has priced its US initial public offering at $25 a share, according to Bloomberg News. That is the midpoint of the $24 to $26 range the company had marketed. The offering raised roughly $174m in total. Neutron Holdings, the corporate entity behind…

AI-Powered Robot Acting As Street Beggar Raises Eyebrows And Pivotal Societal Questions

An AI-powered humanoid robot was used to panhandle. The video went viral. Big questions arise. An AI Insider analysis and scoop.

Autonomous Pharmacies Are Becoming the Next Big Thing

The concept of automated pharmacy kiosks is slowly becoming more prevalent.

The Trump Administration Is Lifting Its Export Controls on Anthropic’s Mythos and Fable AI Models

The White House is easing restrictions on Anthropic’s most advanced AI models weeks after ordering the company to suspend access for foreign nationals.

Dish files for bankruptcy, but is not shutting down
Dish files for bankruptcy, but is not shutting down

Dish, the company that operates Dish TV and Sling TV, has filed for Chapter 11 bankruptcy,” as reported earlier by Reuters. The plan will allow the EchoStar-owned company to continue to wind down its wireless operations after “unforeseen delays” held back its sale of $23 billion worth of 5G spectrum to AT&T. Dish TV, Sling […]