Linda Lacina, managing editor of Entrepreneur, breaks down Wal-Mart's shocking decision to raise wages and close 63 Sam's Club locations on the same day.
Lacina says she would've spaced out the announcements, going public with the wage raises first and then waiting to close the Sam's Club locations. Wal-Mart's decision to turn some Sam's Clubs into e-commerce centers is an effort to compete with online retailers, that can deliver almost any item to anyone, anywhere in the country.
Lacina says after years of negative public perception, Wal-Mart had turned its image around. It will now have to rebound from Thursday's developments.
GoFundMe launches Back in Business Fund with Paris Hilton to provide targeted grants helping women entrepreneurs recover and rebuild after natural disasters.
Samsung launches its “AI in Action Lab” in NYC, giving public high school students hands-on AI experience and tools to prepare for real world innovations.
Gen Z workers are increasingly worried AI could replace their jobs. However, experts say companies are using AI more to assist workers than replace them.
Matt Schultz of CleanSpark discusses Bitcoin mining and AI infrastructure converge, energy demand dynamics, and the company’s position in the evolving market.
Bhavin Shah of ServiceNow discusses how the new Autonomous Workforce AI automates tasks, integrates with Teams and Slack, and boosts workplace efficiency.
Angi is partnering with OpenAI to bring its home services marketplace directly into ChatGPT, allowing users to go from questions to booking local pros.
