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Walmart is expanding its real estate portfolio with a major acquisition. The retail giant has purchased Monroeville Mall near Pittsburgh for $34 million and plans to redevelop the site. The project will focus on retail and mixed-use development, with new dining options and possibly residential units. The Monroeville Mall spans...

Google is reportedly optimistic that it will release commercial quantum computing applications within five years. That achievement would be sooner than the several years to two decades often predicted by investors and experts, Reuters reported Wednesday (Feb. 5). “We’re optimistic that within five years we’ll see real-world applications that are possible only on...

Beware the dangers of regulatory “overreach” and a one-size-fits-all approach to community banking oversight, several industry participants testified at a Capitol Hill hearing Wednesday (Feb. 5). The 119th Congress has begun, and with the latest iteration of the House Committee on Financial Services been seated, the hearing chaired by Rep....

Amazon is reportedly set to introduce a new, generative artificial intelligence (AI)-powered version of its Alexa voice assistant. The company sent out invitations to a Feb. 26 event featuring the head of its devices and services team, Panos Panay, and the event is expected to preview the new Alexa, Reuters reported Wednesday...

Amazon’s efforts to restructure its workforce have reportedly left staffers with fewer opportunities to move up the corporate ladder. These concerns result from Amazon CEO Andy Jassy’s plan to reduce the company’s middle management ranks and free up funds for its investments in data centers and artificial intelligence, Bloomberg reported...

SoftBank reportedly is leading a $500 million investment round in Skild AI, a startup developing general intelligence for robots that can be adapted to perform different tasks. Typically, robots are trained to do limited tasks. The startup developed what it calls the Skild brain, which is a robotics foundation model...

Cryptocurrency and stablecoin infrastructure platform Zero Hash is integrating Ripple’s RLUSD stablecoin. The integration lets Zero Hash customers access RLUSD on the XRP Ledger and Ethereum networks, according to a Wednesday (Feb. 5) press release. “The addition of RLUSD to our ecosystem demonstrates Zero Hash’s commitment to providing our customers...