Retail Giants Flock to Hyperlocal Intelligence
From global coffeehouse brands to major department stores, retail heavyweights are embracing a new AI-driven approach to navigate market uncertainty: Hyperlocal Intelligence. Created by Michael Koch, CEO of HubKonnect, the system combines large-scale AI
Palo Alto Networks in talks to acquire CyberArk for over $20bn
Palo Alto Networks is reportedly negotiating to purchase CyberArk Software for over $20 billion, a move that would be its largest-ever acquisition. CyberArk, based in Israel, is a leader in identity security. The Wall
OpenAI agreed to pay Oracle $30B a year for data center services
CEO Sam Altman confirmed Tuesday that OpenAI is the customer in Oracle’s $30 billion-per-year data center contract revealed in June. He made the acknowledgment in an X post and a blog update but did
Google’s AI Overviews have 2B monthly users, AI Mode 100M in the US and India
Alphabet and Google CEO Sundar Pichai says usage of the company’s AI tools has accelerated sharply in recent months. On its Q2 2025 earnings call, Pichai announced that AI Overviews in Search now has
Amazon disputes report that it raised prices of popular items since Trump took office
Amazon is disputing a Wall Street Journal report that suggested tariffs under the Trump administration drove up prices on low-cost essentials. The WSJ tracked 2,500 items and said prices rose 5% on average from
Food delivery service Calo scores $39M in Series B extension as it sets eyes on the U…
Calo, the Middle Eastern food delivery service specializing in pre-prepared healthy meals, has secured $39 million in a Series B extension. The round, led by Aljazira Capital, builds on the $25 million raised in
Apple appeals EU’s €500M fine over App Store payment restraints
Apple has taken legal action to overturn a €500 million fine levied by EU regulators over its App Store payment practices. The European Commission fined the company in April, alleging it did not comply
Intel continues to pull back on its manufacturing projects
In a move to cut costs and refocus its manufacturing strategy, Intel said Thursday it will halt construction on major projects in Germany and Poland. The announcement came during the company’s Q2 earnings release,