commerce

Stripe is laying off 300 people, but says it still plans to hire in 2025

Commerce /

Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in product, engineering, and operations roles,” the memo said. Despite the layoffs, Chief People Officer Rob McIntosh said that Stripe intends to still grow its headcount by 17% “to land at […]

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StoreCash’s new app lets you instantly earn cash back at stores

Apps /

Daricus Releford always wanted to be a founder.  In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the

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Style DNA gets a generative AI chatbot that suggests outfit ideas based on your color type

Apps /

Style DNA, an AI-powered fashion stylist app, creates a personalized style profile from a single selfie. The app is particularly useful for people interested in seasonal color analysis, a process used to determine the best colors to complement an individual’s skin tone. This service can be expensive, with experts charging upwards of $300. However, the

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Influencer shopping app LTK gets an automatic direct message tool

Commerce /

LTK (formerly LiketoKnow.it and RewardStyle), the influencer shopping app with 40 million monthly users, announced on Thursday the launch of a free direct message tool for creators to instantly share pre-set responses with followers.  The new tool, called LTK DM, is integrated into the posts section of the LTK app. When a creator shares an

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True Fit leverages generative AI to help online shoppers find clothes that fit

Commerce /

True Fit, the AI-powered size-and-fit personalization tool, has offered its size recommendation solution to thousands of retailers for nearly 20 years. Now, the company is venturing into the generative AI space with “Fit Hub,” a new tool that aims to improve the way online shoppers find clothing that fits their body type. Sizing issues continue

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Sam’s Club’s AI-powered exit tech reaches 20% of stores

Commerce /

Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts, but Walmart-owned Sam’s Club says it’s turning to AI to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club

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