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- Amazon Injunction Could Change the Future of Agentic CommerceAmazon won an early legal victory this week when a federal judge issued a preliminary injunction blocking Perplexity from using the Comet browser’s artificial intelligence shopping agent to access password-protected parts of Amazon’s site and make purchases on behalf of users. The order, handed down Monday by U.S. District Judge Maxine Chesney in Northern […] […]
- Walmart-Backed Flipkart Readies Mumbai IPOFlipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wednesday (March 11), citing unnamed sources. The Walmart-backed firm could start the formal process of inviting banks to pitch for work on the IPO […] […]
- Stitch Fix Clients Seek New Sizes as GLP-1 Use ClimbsStitch Fix used its fiscal second-quarter earnings call to highlight how artificial intelligence and data-driven personalization are reshaping the way consumers discover and purchase apparel on its platform. The company described a retail model powered by algorithms, data signals and stylist collaboration. Rather than relying on a single product launch, the company pointed to […] […]
- Perplexity Computer Uses Plaid Data to Personalize Financial ManagementPerplexity has added deeper capabilities for financial research to its cloud-based agent product, Perplexity Computer. The company added these capabilities to Perplexity Finance, the data and analysis layer underneath Computer, it said in a Wednesday (March 11) blog post. With these additions, Computer now has access to more than 40 live finance tools that pull data from authoritative […] […]
- PayPay Lowers IPO Price Amid Market TurbulenceJapanese digital wallet provider PayPay announced late Wednesday (March 11) that it is pricing its U.S. initial public offering at $16 per share. The shares are expected to begin trading on Nasdaq on Thursday (March 12), under the symbol “PAYP,â€� the company said in a press release. Bloomberg had reported earlier Wednesday that PayPay planned to […] […]
- TomoCredit Sues Fintech JournalistTomoCredit, a company that identifies itself as “a software company providing a suite of software solutions designed to support financial literacy,” has filed a lawsuit against a fintech journalist named Jason Mikula for defamation and libel. Mikula operates Business Fintech Weekly, a widely read newsletter in the fintech space. TomoCredit alleges it has suffered damages […]
- California Bill Asserts Businesses Generating Up to $18 Million/Year in Sales Need Consumer ProtectionsCalifornia’s AB2116 is proposing to amend the state’s Consumer Financial Protection Law and declare that small businesses generating less than $18 million a year in revenue be considered a consumer for the purpose of consumer financial protections. “Small businessâ€� means a business entity organized for profit with annual gross receipts of no more than sixteen […]
- Lending Tree: “The merchant cash advance market is a strong market that is growing”“The merchant cash advance market is a strong market that is growing,” said Lending Tree CFO Jason Bengel during the company’s Q4 earnings call. Small business financing has become an increasing priority for the financial services referral platform. “…we have continually invested in additions to our small business concierge sales force, allowing us as well […]
- Lending Tree: LLM Referrals Are Very “High-Intent Consumers”During Lending Tree’s Q4 earnings call, CEO Scott Peyree echoed the same conclusion on LLMs that was uttered by rival NerdWallet, that LLM referrals convert better than normal search referrals. “There are a number of fronts we are working on there,” said Peyree. “There is obviously the SEO front where you are getting referenced by […]
- Trigger Leads Law to Go Into Effect March 4, 2026On March 4, the national “trigger leads” law will go into effect. Scott Peyree, the CEO of Lending Tree, recently shared this explanation of trigger leads on the company’s Q4 earnings call. “For those that do not know the trigger leads, the very basic version of that is when, for example, we develop a lead […]