While the major generative AI service providers depend on the cloud to power their large language models, Apple will approach the matter in a different way with the next version of its mobile operating system, which is set to be revealed in June. Bloomberg’s Mark Gurman, in his weekly newsletter published Sunday, predicted that the […]
The global e-commerce market is estimated to be worth $6.3 trillion in 2024. This large market presents unparalleled growth opportunities for businesses willing to expand their horizons. With the total e-commerce industry worldwide continuing to rise to $8 trillion by 2027, now is the time for brands to grasp the immense potential that lies beyond their domestic borders. […]
Retailers are optimistic about the growing success of artificial intelligence in transforming marketing and customer service, although this enthusiasm may border on overly optimistic. Retailers don’t waste any time pushing the generative AI agenda. However, they may be in too much of a hurry, overlooking some well-founded concerns about upcoming unrecognized risks. Only 12% of […]
Online shopping returns cost retailers billions of dollars, pump tonnes of carbon dioxide into the atmosphere, and dump billions of pounds of waste into landfills, according to a global plastics cleanup company report. Every year, customers return up to 30% of products bought online, three times the amount returned to brick-and-mortar stores, producing 24 million […]
According to a report released Wednesday by a hacking and attack modelling company, organizations are increasingly going on the offensive to prevent threats before they turn into attacks. In its report on the state of vulnerability management and security validation for 2024, Cymulate claims that security leaders recognize that the scheme of buying new technologies […]
Digital wallets are fast becoming consumers’ preferred way to pay, both in and out of the store. According to industry reports, almost two-thirds of U.S. smartphone users will use a mobile wallet app to transact monthly in 2024, up from half in 2021, ecommercetimes.com reports. The future of mobile payments also intersects with the rapid […]
A new cloud security option lets businesses plug in better digital safeguards without leaving existing web browsers behind. Browser security firm Menlo Security announced a novel approach to browser security that protects users from internet-borne attacks. It is a supplemental set of extensions that enhances existing web browsers with cloud-delivered browser security. Instead of trying to […]
A system that “flags” kids attempting to access age-restricted augmented and virtual reality content should be imposed on online platforms and device makers, according to a report released this month by a Washington, D.C. technology think tank. Congress should require that device makers and online platforms hosting age-restricted content establish a “child flag” system that […]
Artificial intelligence is reshaping everything we know about the world. AI has become the retail buzzword of the year. There are six AI trends now and e-commerce retailers can capitalize on each of them. AI in Retail Supply Chains In the dynamic retail world, AI is pivotal in revolutionizing supply chains by enhancing efficiency and resilience. […]
Better cybersecurity may soon come to a mobile app you use in time to defend against a rising wave of data breaches, malware assaults, and AI-powered bot attacks. On January 23 Mobile app security firm Appdome released technology upgrades to its mobile app security tools. The new digital defensive product will help shield against over 100 […]
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