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News
Fortune Tech: Apple iPhone Duo, out-innovating aging, Asia???s data center rethink
4+ day, 7+ hour ago (975+ words) Good morning from balmy New York City, where the talk of the town is—what else?—Apple’s new foldable iPhone. (Read more about it below.) What do I think of it? This elder millennial is getting Motorola Razr V3 flashbacks, naturally,…...
???My boss is the Chinese customer???: Walmart China CEO Christina Zhu on how the Fortune 500 company is thriving in a tough retail market
4+ day, 12+ hour ago (340+ words) When U.S. supermarket chain Walmart opened its first Chinese outlet in Shenzhen in 1996—five years before China joined the World Trade Organization—the retail landscape in the country looked vastly different. With no large-scale hypermarts, shoppers rose at dawn to snag…...
Apple expected to announce the biggest iPhone update in its history, as new CEO John Ternus prepares launch of foldable device
5+ day, 9+ hour ago (656+ words) CUPERTINO, Calif.—Nearly 20 years ago, Steve Jobs upended the consumer hardware space by introducing the world to the iPhone, propelling Apple to unprecedented heights. While few product launches can top that moment, Apple today is poised to host one of…...
Samsung is the foldable phone king, with sales growing 30% and reviews praising its newest devices. Can it keep the crown as Apple enters the picture?
6+ day, 3+ hour ago (355+ words) Nearly two decades after Apple created the modern smartphone market, the iPhone is about to undergo its biggest transformation ever. It’s going foldable. If Apple executives feel any trepidation about altering the iPhone’s time-tested design, they may find reassurance from…...
Nextdoor CEO: After helping to pioneer online reviews, I'm trying to fix them
1+ week, 4+ day ago (504+ words) In a world of infinite information, trust is the scarcest resource. In 1999, I co-founded Epinions, one of the first user-generated review sites, and helped pioneer the reviews economy. The premise was that anyone could review anything, and the collective judgment…...
IKEA is spending $1.4 billion to cut prices, joining Walmart and Target in a race to win back shoppers
1+ week, 5+ day ago (399+ words) IKEA built its empire on the promise that stylish furniture can be cheap, but years into the cost-of-living crisis, its latest price cut suggests shoppers want it even cheaper. The Swedish furniture giant said on Tuesday it will invest about…...
Target's minstrel-costume apology erased days of stock gains
2+ week, 5+ day ago (743+ words) Retailer Target pulled a children’s Halloween costume from its shelves Monday after widespread social media backlash, apologizing for selling a garment critics said evoked racist minstrel caricatures. Critics say the costume, along with its promotional image of a Black child…...
Alex Karp was right: you don't own your data
2+ week, 5+ day ago (601+ words) OpenAI and Anthropic tell commercial customers they will not train on their data. After I recently moved my company off Anthropic, following a Supply-Chain Risk designation, I read the actual agreements and found a hole big enough to drive the…...
Claire???s is betting on Gen Alpha to bring the mall retailer back
2+ week, 6+ day ago (347+ words) For years, Claire’s dominated the mall. For teen and tween girls, it was a go-to destination on every visit, whether for a new piercing or just to browse jewelry priced to match a weekly allowance. The retailer has a fresh…...
Ikea???s real estate arm sponsored a pillow fight in France. Here's why
3+ week, 6+ hour ago (690+ words) In June, a crowd packed into Italie Deux, a Paris shopping center owned by Ikea’s real estate arm, to watch adults hurl pillows at each other in a padded ring. The event marked the French debut of the Pillow Fight…...