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Alibaba Developing AI For Tmall Genie Smart Speakers

PYMNTS

The investment will also help further research into IoT operating systems, edge computing and natural language processing (NLP). . “By The Tmall Genie is the top-selling smart speaker in China since 2017, according to market intelligence firm IDC, Alibaba said.

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Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

As president of AppHarvest, Lee will be in charge of developing strategy and working on managing operations, leading sales, marketing and finance functions as the company continues to grow. There are other facilities in Kentucky, including a 15-acre location to develop leafy greens, the release stated.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

With the brand’s proprietary digital platform and 1 million-member base in place, Fabletics said it uses deep customer insights and enhanced market data to determine the most strategic locations for its retail locations. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

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Dine-In Restaurant Stocks Rally On Vaccine News, But Food Aggregators And Pizza Chains Sink

PYMNTS

For instance, shares of Brinker International, which operates or franchises about 1,600 Chili’s Grill and Bar locations and other eateries, were up 15 percent as of midday Monday. However, the “back-to-normal” rally that the markets saw on Monday represents much more of a pure-play on earnings and recovery. News on Monday (Nov.

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NCR Widens Regional Service With Purchase Of Midwest POS

PYMNTS

announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. The Indiana- and Kentucky-based Midwest POS technology company has been serving the restaurant industry for more than 75 years. Midwest POS is among the first NCR Aloha dealers.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. The OCC on Oct. It measures 1-5, with 1 being the best score an institution can receive and 5 the worst).

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Deutsche Post DHL CEO Confirms Delivery Deal With AmazonFresh

PYMNTS

For Amazon, Germany is its second largest market, but online grocery sales haven’t been a hit, partly because there are a lot of food stores and the main bargain stores Aldi and Lidl haven’t gone online in a fast manner. Deutsche Post currently operates online supermarket, AllyouneedFresh.

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